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Prices Paid: Buying & Leasing Experiences Subaru Forester Prices Paid and Buying Experience
2171 messages, Last post on Aug 19, 2008 at 11:25 AM
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I've settled on the '09 LL Bean model as the one that fits what my wife and I are looking for - I've test driven and researched about a dozen cars and small SUV's and the Forester is the right mix of all the must have items for upstate NY - awd, great safety rating, decent mpg, heated seats, room for kids/cargo, etc. However, I am not sure our local dealer is giving us good price quotes - I'd appreciate anyone's thoughts. Here's what we're being offered: LLBean with some basic options like all weather floor mats, aero cross bars, side molding, and a few other minor extras, purchase price $26,306. Lease quote is 42 months (?) and 15,000 miles w/$0 down, $439 month. Purchase quotes are 48 mos/$669 month and 63 months (another ?) for $529 month. Any thoughts on the lease quote. The residual is  $14,500 (don't have exact #) and I have not been told the money factor but it has to be around 7.2% rate. Thanks for any input, help, etc. I want to buy the car, but am not sure about those rates & prices.
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Replying to: jverrico (May 12, 2008 4:26 pm) |
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Replying to: pgb0517 (May 11, 2008 9:26 pm) |
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Replying to: jverrico (May 12, 2008 4:26 pm) I just wanted to give you the latest information and see what you thought about this. The dealer that I might go see tonight, otherwise this weekend, is offering 1% over invoice, a good trade in value as long as the car is in fair condition (which it is), and a $250 gas card as well as a good finance rate for qualified buyers, I'm hoping we fit that because I don't know what exactly that means. What do you all think? I can get the Limited edition (that was the LL Bean before the name change) for under $26,000 and I've told him that if he gives me what we want for the trade in then we will get the Limited edition. Thanks for all your comments. I'll check back in a little bit as I have a meeting to attend.
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Replying to: pgb0517 (May 10, 2008 8:12 pm) Thank you for all your help. Can you look up a LL Bean edition for me as well. I unfortunately do not below to consumer reports. Also, The deal I was getting was after the trade in. They really wanted 25k+ for the car and I said no. So they really wanted $2000 more. Look at my last post and tell me what you think of that deal. They are going to give me the papers and show me the invoice price of the car and add 1%. Thanks again for all your help. |
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Replying to: sgloon (May 10, 2008 9:50 pm) Thank you for all your responses. I talked to an internet dealer about 40 miles away and he gave me the offer I posted before. He said he doesn't play any games because he realizes that I'm not a person that would just walk onto the lot since I live 40 miles away. Let me know what you think of that deal.
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Replying to: slaterac (May 13, 2008 7:56 am) Or you can go to Consumer Reports' Web site and buy a new-car pricing kit, which lets you choose options and see prices and CR reviews for as many cars as you want for three months. You can compare them side by side and save or print the reports. This will tell you the dealer holdback and other incentives. I found the $39 to be money well spent. You don't have to be a member of CR's magazine or full Web site to do this. I hope these tips help everyone fish for themselves. |
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Replying to: slaterac (May 13, 2008 7:56 am) Keep the trade completely separate from the new car deal. Tell them you don't know if you will have a trade-in or not. Once you get a satisfactory deal for a new car cash price, then ask them to value your trade. That lets you compare the two separately. If they want to renegotiate the new car price after they agree to it, leave. Keep financing completely separate from the new car deal. Tell them you are financing separately and will buy from them on a cash basis. Again, once you settle on a cash price for the new car, you can ask them to provide financing options for you to compare. They make money on financing too, which is fine, so long as what they offer you is better than what you can get on your own. I found that the current Subaru 4.5 percent financing was much better than other offers I had, even through Costco with my good credit rating. If you don't know your credit rating, you're entitled to a free report from each of the three agencies each year, but you have to pay a few dollars extra to get the important FICO rating. You can Google all these topics for more details. Good luck.
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Replying to: pgb0517 (May 13, 2008 9:38 am)
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