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Old 10-15-2007, 02:44 PM   #1
Rburks
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Member#: 133971
Join Date: Dec 2006
Location: SF Bay Area & Tahoe
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2007 Tribeca

Default Legacy 08 Lease-Good Deal?

Just saw on subaru.com an 08 Legacy Special Edition lease for $199/mo with $1798 down for 24 months.

Wondering what folks here think of this car. I really like the wagon but heard its no longer offered in 08. We currently have a Tribeca and its great for driving in snow at Tahoe. I was going to order the 2009 STI, but the whole no Recaro seats thing has me thinking maybe wait a year or two.

So for 24 months would this be a good car? Mostly to drive back and forth to Tahoe and for my youngest son to drive.

Inputs really appreciated.
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Old 10-15-2007, 03:21 PM   #2
jey
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1995 Legacy Wagon

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Yes, for two years you'll be driving practically brand new Subaru and it should give you very few problems and it'll be under warranty the whole time - it's a good choice.

Looking at the special lease deals that are listed on Subaru's website, and here are some other thoughts:

1. Looks like they have the exact same deal on the 2008 Forester too - might be nice to have something with a hatch if you're going to be hauling a lot of stuff around.
2. You're limited to 10k miles a year (20k for 24 months) unless you pay extra, which I think is kind of low for a lease, so evaluate your driving needs.
3. 24 months is kind of short - you might be able to work out a lower down payment if you keep it longer (since the car depreciates the most in the first 2 years)
4. For example, I think a significantly better deal is the special on the 07 Impreza: $209/month for 42 months and ZERO down payment. Only $10/month more and no up-front payment. Don't know how many 07s are left on the lots thought.

I have a friend who has gone through LOTS of leased cars and he would list the above (high down payments, low mileage allowance, strange lease periods) as reasons to be wary of "specials" because they play a numbers game to make it seem like a good deal. It seems like you can usually work out a better deal by just coming up with your own requirements and see what the dealer can do for you. But if it happens to meet what you want, that's good!
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Old 10-15-2007, 08:41 PM   #3
janikphoto
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sold Outback & ForesterXT

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Yeah, a lease is only a good deal if it winds up being the cheapest option in the end. If you are better off buying the car and reselling it in a few years, or finding a lease with better options, well... maybe you should look at something else instead.

I too think the mileage allowance sounds low if you plan to do a decent amount of driving. I've known people who've had to let their car sit in the driveway for a month because the overage mileage was going to be expensive.
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Old 10-15-2007, 08:58 PM   #4
runninstrong
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Whats the point of having a car if you can't (or restrained not to) drive it? I think its crazy.
Lease is good short term if you have multiple vehicles, or if you are blessed with a company vehicle...or if you only drive it to church on Sundays.
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Old 10-16-2007, 10:51 AM   #5
jey
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Or you can just pay the mileage "penalty". Subaru's 15 cents/mile is the lowest I've seen - most others manufacturers are like 19 or 29 or something. So if I drive 15k/year like I usually do then I end up paying $750 more/year, which is about right if you think of how much more a car depreciates with 5k more miles.

Of course, if you say up front I want a 15k/year allowance you're bound to get an even better deal, so it's good to get it all figured out before you walk into the dealer.
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Old 10-16-2007, 10:54 AM   #6
Rburks
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I should have been more clear. I have LOTS of cars. But I really don't want my kinds driving them. I have had expensive "I don't know what happened" incidents I would like to avoid.

I am looking for a car that gets good gas mileage, that my son can drive to school, and we can take to Tahoe (AWD) if there are just 1 or 2 of us going. Got a big dog, so he needs to fit in the back.

Currently we have a Tribeca that is great for Tahoe, except when just one of us is going. Not great fuel economy. I can drive my Focus SVT up there, but with FWD and UHP Summer Tires its not going in the winter.

So just looking for a "gap filler".

Did go look at a Forester 2.5x yesterday. Great deal $15.4K NEW. But wife and I did not like ergonomoics of driver position, or the clutch.
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Old 10-16-2007, 11:23 AM   #7
janikphoto
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sold Outback & ForesterXT

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Well, with a dog, you might wind up paying extra at the end of your lease (unless you get the all weather mats and cages and stuff). If only two of you are going on trips in the smaller car, I'd look at a an impreza wagon or reconsider the forester. They both HAVE to be more fuel efficient than the legacy and they will be easier to park (since they are a bit smaller)...

So, the tribeca gas mileage is poor? That's what I'm thinking about getting next (new family member coming, need more room).
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Old 10-16-2007, 11:33 AM   #8
jey
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1995 Legacy Wagon

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Yeah, plus all those "I don't know what happened" incidents - you have to pay for excessive wear and tear on a lease.

On paper the gas mileage is all the same: 20/27 for the NA Legacy, Impreza, and Forester. The Outback (being taller and heavier) gets like 19/26 on paper.
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Old 10-16-2007, 11:37 AM   #9
janikphoto
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sold Outback & ForesterXT

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Quote:
Originally Posted by jey View Post
Yeah, plus all those "I don't know what happened" ...The Outback (being taller and heavier) gets like 19/26 on paper.
Not my outback. But I had a brick installed on my gas pedal (is that a dealer option, or just me?!?)

I swear, it seems like I get the fuel economy of a '78 trans am...
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