Did anyone lease their STi?

What are the residuals?

Please give us the details 36/48 month, 12K or 15K mileage, etc.

 

bump.

No one?

 

That makes no sense (business) or cents (financially).
The residuals should be greater than the regular WRX based on capitalized cost alone.

Please state your source(s) or reason for belief of the above.

- Janq

 

I think he is showing the WRX figues not the STI figures.

 

No, don't shut up...keep on flappin' dem gums!

But seriously, I have been in touch with a number of folks on this subject with SOA and dealers as recent as this afternoon. Currently SOA has not released any numbers for leasing and no such options exist at the moment. They expect to release projections and figures sometime next month but there is no more specific ETA.

Third party sources are awaiting SOA to release their own projections. Taking an offer based on the regular WRX would be to the advantage of the lessor (low residual).

As soon as find some hard and quotable information I'll pass it on. Also reference the leasing thread at http://forums.nasioc.com/forums/show...hreadid=365416

- Janq

 

Why would you want to lease an STI anyways? If you cant afford the payment.. then I am sure you cant afford the upkeep. Usually good leases are on cars that arent that hot selling at the moment.. like the advertised 525 BMW lease for 399 per month.. yes its a $39,000 car for 399.. but it has the 170 horse 2.5 in that beast.. very bad idea.. but if ya cheap.. thats the car....In other words a hot seller like the STI would surely cost more to lease.. Buy a used WRX, a nice one traded in on an STI

 

Catdgor,

You might want to think twice about being so "sure".

Go to the link I posted and you'll see why myself as well as others are planning to lease rather than use traditional financing and/or buy.

Oh BTW, the BMW 525i is in fact a very nicely appointed as well as peppy performance vehicle. That "170" horse 2.5l engine does very well in the 5 Series thank you.

Thanks for your neither informative nor helpful feedback.

- Janq

 

There is no such thing as a good lease.

 

Oh contrair monfrair.
Most notably SAAB & BMW beg to differ;

Saab - http://www.imakenews.com/autospies/e...e000154710.cfm

BMW - http://www.imakenews.com/autospies/e...e000154710.cfm
http://www.imakenews.com/autospies/e...e000149383.cfm

And if you spend the time to look around at sites such as
LeaseCompare.com you will find many other buyer positive offerings.

As with any other large purchase and financing method one has to know up front what they want (purchase goal) and to what extreme they want it (purchase financing).

- Janq

 

No matter what the interest rates and monthly payments are you will never stay ahead, you will always fall behind.

 

...I agree, as in the case of the SAAB 9-3 and BMW 760 lessors will "fall behind" the depreciation of those that buy outright.

Leasing is just one of several ways to finance use of a product.
Its not inherently 'evil' as some might believe nor is it the 'solution' for all buyers in all cases as marketed by manufacturers & dealers alike.

One has to do their due diligence and know what they want as well as what they are getting into (literally and figuratively) before choosing to enter a lease just as you would (should) with traditional financing or even paying cash (which isn't always the smartest thing to do).

Always consult with your CPA, tax advisor and or financial advisor before making large 'durable goods' purchases.

- Janq

 

Leasing can definately be one of the ways to go as far as first time buyers are concerned. If you have no credit, and or no money, then leasing may be the way to go. I myself leased my first car and even though I did fall behind I am still satisfied because I was able to acquire credit. I now own my lease and plan to sell it to put a big down payment on my new 2004 black Subaru Impreza WRX.

 

And see in my case I purchase my vehicles via my company and as its a corporation 'equipment' is deductible along with any interest to which the IRS give a better cut for leasing than a financed purchase.

I do lots of automotive related leases and its an excellent 'tool' if one knows what they are doing, and follows the rules.

Several of us in the thread I noted at NASIOC are either business owners or have specific reasons for leasing having nothing to do with affordability.

For the record though, I generally strongly suggest against regular/average consumers from leasing. Although as I mentioned earlier regarding SAAB & BMW there are specific opportunities where a lease works out better than an outright purchase when accounting for dollars & sense.

- Janq