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Old 02-24-2013, 04:19 AM   #22
ashtray
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Join Date: Apr 2011
Drives: 2003 WRX, 2013 BRZ, 442
Location: SoCal
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0% APR "on select vehicles". Doesn't say BRZ - check the fine print. With the redesigned Forester coming out, I know they're trying to move the 2013 models.

As for the lease - again, you need to check the fine print. See what the lease buyout is at termination. See how sales tax is handled in your state and if that's included in the price quote. $600 bank fee? Excuse me? More like "$600 up front profit we get no matter if you lease the car for the full 42 months or get it repo'd after 5 months".

Again - to the person doing the math above - it didn't say the BRZ had 0% APR, so without knowing the lease buyout at term price, you don't know what their lease numbers are or what they expect the price to be. That said, don't think of the lease term price to be the expected retail price in 42 months. Think of it like the trade in value. The dealer is already getting paid the depreciation, plus interest, plus the value difference between retail and trade in. If you simply turn the car in and lease another, they'd put that car on their lot for $17k, where you could have bought it out for $13k. (For example only.)

Dealers make good money on leases, even if its at 0% APR. don't forget, most leases are at full MSRP! When you buy a car you negotiate price, and can shop a loan rate. When you lease a car, that "magic low number less than buying it outright" is loaded with full MSRP, high interest rate, and a long lease period. And when it's time to turn the car in, they charge YOU for the car's reconditioning ("gonna need new tires, brakes, buff out the scratches, etc") - so you get into a lease for that new car, low payment, and no maintenance - but end up paying for the maintenance in the end anyways. And don't you dare drive a mile over the lease agreement mileage! Though if you drive under the agreement mileage you don't get a refund. The house always wins.
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