Leasing

[Iixii]

I got a quote of $480+/mo for 12k miles/yr for 3 years with $0 drive-off for a Tier 1 (without me supplying my SSN) for a base Premium with MT. This is very close or same as purchasing the car. I think it's a matter of time when Subaru or Toyota will have lease specials on these cars. I'm seeing these cars are staying longer on the lots now. I am just patiently waiting...

[zc06_kisstherain]

ok

[Allch Chcar]

I hate to bring up a thoroughly dead thread, but those prices are crap. Seriously, how did you get quoted that high of payments?

Anyway, Subaru is offering a lease deal in my area.

Manufacturer Offer
Now through February 28, 2013--Lease a 2013 BRZ for $339/Month

Now through February 28, 2013 Lease a 2013 BRZ for $339/Month on a 42-Month Lease (Premium model, code DZA-01). $2,139 due at lease signing. $0 security deposit.

Click here for important Disclaimer(s)
Tax, title and registration fees extra. Other leases available on other models. Cannot be combined with any other incentives. Special lease rates extended to well-qualified buyers and are subject to credit approval, vehicle insurance approval and vehicle availability. Lessee pays personal property and ad valorem taxes (where applicable), insurance, maintenance repairs not covered by warranty, excessive wear and tear and a mileage charge of 15 cents per mile for mileage over 12,000 miles per year. Dealer participation may affect final cost. Offer not available in Hawaii. Cannot be combined with any other incentives or offers. Payments may be higher in some states. Must take delivery from dealer stock by February 28, 2013. Call 1-800-WANT-AWD or see participating dealers for details.
Request More Info

There's only one premium w/ 6spd local to me, Louisville, and it's in transit.

I'm thinking about a test drive, maybe I can find a local FR-S. Hmm, too soon though.

[chenshuo]

for this car u gonna regret having a limit of 12k mile per year. you'll always want to take the long way home with this car.

[kertong]

Originally Posted by chenshuo

for this car u gonna regret having a limit of 12k mile per year. you'll always want to take the long way home with this car.

This is true. My wife and I leased a benz C250 and we got 15k miles an year. We had 12k on the car within 7-8 months, and every long road trip we took, we'd be asking ourselves if we could "afford the miles".

If you're a car enthusiast and you take pride in being able to call a car "yours", a lease will just tease you with the BRZ. Guess you could always buy out the lease though, but I'd rather have the knowledge of ownership from day 1. Especially with a car like the BRZ!

[Mitch]

I'm damn near 11k at 8 months. No way I could deal with limits.

[Trojan_SC]

I'm just shy of 13.5k and I've had mine since June 26th What limits? Haha

[a2cpc]

My wife and I have a total of 45k miles on our WRXs. Her's is an '09 and mine is a'11. Maybe we should lease.

[whaap]

Originally Posted by chenshuo

for this car u gonna regret having a limit of 12k mile per year. you'll always want to take the long way home with this car.

Very true. Being retired I averaged 3800 miles a year on my previous car (Miata). I've had my FR-S since September and I'll be at 6,00 mles within another week. That's now much more I enjoy driving my FR-S just for recreation.

[wbradley]

Leasing isn't mod friendly.

[Deslock]

Originally Posted by chenshuo

for this car u gonna regret having a limit of 12k mile per year. you'll always want to take the long way home with this car.

Depends on one's driving cycle. I'm on track to put less than 10k/year on my BRZ.

Unless a company offers an especially good residual, or you have tax/business advantages to leasing, it's usually cheaper to buy. In this case, for a 12k miles/year lease:

$339/month + $2139 at signing = $0.39 per mile

If you buy the car and plan to sell it after only 42 months, you'll likely still pay less than that. You might even be better off trading it in after 42 months than leasing (but the difference won't be as pronounced).

If you buy the car and keep it longer than 42 months, you'll almost certainly pay less per mile (even after factoring in maintenance).

[GMU-BRZ]

If you put $0 down on your lease the monthly prices are going to be in the purchase range. If that's what you are doing just buy the thing unless you have a really good reason to lease.

[Allch Chcar]

Yeah, I don't drive that much but I would like to make more weekend trips instead of staying home all the time. Plus even with a 20% down payment I'm looking at a much larger monthly payment even with a 5 year loan. So in my case, the lease looks better since I can still decide to keep the car after the lease runs out.

I'm still thinking about it at this point. Just weighing my options.