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Subaru B9 Tribeca Lease Questions

357 messages,  Last post on Nov 24, 2009 at 3:09 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Subaru B9 Tribeca, Car Leasing, SUV




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#226 of 357
Car Leasing For Dummies by jog1151
Feb 13, 2007 (7:20 pm)
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I have NEVER leased a vehicle before, and am completely clueless on how to get the best car lease deal.
 
I visited my local Dealership today (I live in NJ)...and was given a price of $400 a month on 36 month lease, $1,500 inception fees, 15,000 mi. (afraid I don't have any more info)for a 2007 Subaru Tribeca Limited Edition, 5 passenger vehicle.
 
Can you explain in "simple" terms the info I need to know about getting a good deal on a car lease. Also, did I receive a fair offer on the lease? Thank you in advance.
#227 of 357
Re: Car Leasing For Dummies [jog1151] by hypnosis44
Feb 13, 2007 (10:36 pm)
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Replying to: jog1151 (Feb 13, 2007 7:20 pm)

That is the special incentive they are offering in most markets. The Residual (or buy back) at the end of the 36 months needs to be known to determine the acceptability of the deal.
 
CarMan, the Host here, can probably give more details.
 
Phil
#228 of 357
Buy Back question by jog1151
Feb 14, 2007 (4:17 am)
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Thanks for the info hypnosis44.
 
Is it important to factor in the "buy back" amount even though I have no intention of buying back the car at the end of the lease?
 
Thanks again...
#229 of 357
Re: MF and residual for January. [passat_mx] by Car_man HOST
Feb 17, 2007 (9:30 am)
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Replying to: passat_mx (Jan 27, 2007 10:18 pm)

Hey passat_mx. Here's the information that you're looking for. This truck's lease program varies by trim level, so for now I will assume that you are interested in a base 5-Passenger model. Let me know if you want something different. Subaru Finance's buy rate lease money factor and residual value for a 36 month lease of a 2007 B9 Tribeca Base 5-Passenger with 15,000 miles per year are .00170 and 53%, respectively. When negotiating your lease on this model, make sure to take advantage of the $2,000 dealer cash incentive that is currently available on it. This cash will help you to negotiate an attractive capitalized cost for your lease.
 
Car_man
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Prices Paid Forum
#230 of 357
Re: Car_man: MF and residual for February? [passat_mx] by Car_man HOST
Feb 17, 2007 (9:36 am)
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Replying to: passat_mx (Feb 01, 2007 7:02 am)

Hi again passat_mx. Ahhh, I see that you subsequently specified what trim level you want...I was close . We're in luck because the 5-Passenger Limited model's lease program is exactly the same as the 5-Passenger Base's program. These models' 39 month, 15,000 mile per year numbers are .00200 and 51%.
 
Car_man
Host
Prices Paid Forum
#231 of 357
Re: what's negotiable on a lease? [thefunk] by Car_man HOST
Feb 17, 2007 (9:51 am)
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Replying to: thefunk (Feb 08, 2007 7:04 am)

Hi thefunk. Consumers can lease any vehicle that they want without making any sort of a capitalized cost reduction. At lease signing, Subaru Finance requires lessees to pay their vehicle's first month's payment, a security deposit that's equivalent to their payment rounded up to the nearest $25 increment, a $595 acquisition fee, and any required state taxes or fees. If you really want to, you should be able to roll most of these charges into your vehicle's capitalized cost to bake them into your monthly payment.
 
Always remember that the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Negotiate the lowest selling price that you can on the Tribeca that you want, making sure to take advantage of the $2,000 dealer cash that is currently available on it, and then have the dealer that you are working with use that price to calculate your lease payment. If you are in an area that has a decent level of competition, chances are that you will be able to negotiate a lower selling price on this Tribeca than the one Subaru's advertised lease payment is based upon.
 
Car_man
Host
Prices Paid Forum
#232 of 357
Re: Car Leasing For Dummies [jog1151] by Car_man HOST
Feb 17, 2007 (9:58 am)
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Replying to: jog1151 (Feb 13, 2007 7:20 pm)

Hello jog1151. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
In short, the two most important numbers to focus on when negotiating a lease are your vehicle's selling price and the money factor that is used to calculate its monthly payment. These are the two main profit centers for dealers on leased vehicles. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Shop around and negotiate the lowest selling price that you can on the Tribeca that you want, making sure to take advantage of the $2,000 dealer cash that is available on it right now. Once you have found a price that you're comfortable with, have the dealer use your vehicle's buy rate lease money factor to calculate its monthly payment. It is important to make sure that your vehicle's buy rate is being used because dealers are often allowed to "mark-up" banks money factors to add additional hidden, back-end profit to seals. Subaru Finance's current buy rate lease money factor for a 36 month lease of a 2007 Subaru B9 Tribeca 5-Passenger Limited is .00170.
 
I would be happy to give you my opinion of the deal that you were quoted if you tell me what the MSRP and selling price of the model that you are considering leasing are.
 
Car_man
Host
Prices Paid Forum
#233 of 357
Current MF and residual. by acurabuyer
Feb 18, 2007 (11:56 pm)
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Hi Car Man.
Can you please tell me what will be the MF and residual for Ltd. 5-Pass. 4dr SUV AWD w/Nav, Beige Int. (3.0L 6cyl 5A) for 36 months with 10000 miles and 12000 miles. Thank you very much.
#234 of 357
Hello I'm a new owner by danieltribeca
Feb 26, 2007 (9:09 am)
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Hello I'm a new owner of Subaru Tribeca Limited 5 passager....
 
FYI.... I leased mine yesterday .... $430 all include... 36 months, 10 miles... $3000 to sign....
 
I'm in Miami
 
Bye
 
Daniel
#235 of 357
Re: Hello I'm a new owner [danieltribeca] by ateixeira
Feb 26, 2007 (9:13 am)
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Replying to: danieltribeca (Feb 26, 2007 9:09 am)

Congratulations!
 
-juice

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