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Subaru Forester Lease Questions

365 messages,  Last post on Nov 24, 2009 at 3:17 AM

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#148 of 365 Re: Residual and Money Rate on 2.5 X Premium [Mplsman] by milzo Dec 14, 2008 (3:40 am)
Replying to: Mplsman (Dec 13, 2008 1:57 pm) That seems like a really good price, makes me wonder how necessary leather is. Thanks for the post.
#149 of 365 checking quote on XT Limited '09 by edgrimley Dec 14, 2008 (1:58 pm)
Hi there,   We are at the end of a long road of research and leaning toward the 09 Forester over the Rav4. Haven't test drove the Mitsubishi Outlander and the CRV appears to be too underpowered. Anyway, that's a topic for another forum.   Seem to have gotten a good lease offer today, but they didn't have a color we liked and tried to get us to walk out with a red one we didn't want. Here are the deets:   XT Limited w/ Nav   - $28,995 estimated total cost - 39 months - 12,000 miles - residual value and MF - unknown - we didn't get that far - $1,000 prepayment (not sure of breakdown of that cost) - total payments with tax $379   negotiated them from $2650 inital payment down to 1,000, and from 10k miles to 12k.   Edmunds calculator pegs this at $447 - looks like we had a good offer?   Thanks, Eric Replies to this message: Car_man (Dec 30, 2008 2:49 am)
#150 of 365 Forester XT Limited by edgrimley Dec 14, 2008 (3:10 pm)
...update to my previous post with more data.   XT Limited w/ Leather and no Nav. Includes autodim mirror, cargo cover.   Pricing at/near invoice - 27,700 MF - .00175 Residual around 61% - 17k   36 months Either -   No cash down, $716 incl. DMV and first month $372 + tax = 403   2,000 down (aprox.1200 cash + DMV and first month) $364 incl. tax   includes gap insurance   Both of these look like good deals to me for the XT Limited. The starting price is below Edmunds TMV, good residual.   Does the gap insurance cover the money down, if something happens to the car?   Make sense to get a Lojack (we are in a high theft area) if you have gap insurance and a lease?   Thanks, Eric Replies to this message: Car_man (Dec 30, 2008 2:58 am) chuck68516 (Jan 01, 2009 6:57 pm) Car_man (Jan 09, 2009 3:34 am)
#151 of 365 My lease... by Panos Dec 18, 2008 (11:00 am)
I leased my 09' 2.5X Premium back in August with the following options:   Automatic All-Weather package Fog lights Remote Starter Luggage Compartment Cover.   12k / 36 months for $2,000 down $275.00/month   First dealer i went to i was quoted a ball park estimate of $330+ for just a 2.5X Premium, Auto with no options for 10k/36 with $1200 down... Replies to this message: milzo (Dec 18, 2008 6:09 pm)
#152 of 365 2.5x Limited by milzo Dec 18, 2008 (6:09 pm)
Replying to: Panos (Dec 18, 2008 11:00 am) I got this far with the lease and decided I am going to buy. I am not taking this deal but wanted to share for the others who are in the market   2.5X Limited White 36mo 15k/ yr Q9W Trailer Hitch D9B Subwoofer Kit K9D Auto Dim Mirror w/Compass and Homelink - Bulk O9A Luggage Compartment Cover P9J Rear Bumper Cover, Bulk M9B Cargo Net Side B8A Floor Mats, All Weather MSV Wheel Locks K9E iPod/Phone Console Tray   $382/mo with tax (7.75%) $0 down $670 due at signing.
#153 of 365 Re: Subaru Lease [f8u1e] by Car_man HOST Dec 29, 2008 (4:14 am)
Replying to: f8u1e (Dec 12, 2008 12:04 pm) Hi f8u1e. Subaru does offer two year leases, but it is not currently providing support on them. As a result, you will be much better off going with a three year lease. If you were to lease a 2009 Subaru Forester 2.5X Premium for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00175 and 60%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#154 of 365 Re: 09 Limited Lease Quote [milzo] by Car_man HOST Dec 30, 2008 (2:43 am)
Replying to: milzo (Dec 13, 2008 5:38 am) Hi milzo. Subaru is not currently providing any cash incentives on leases of the 2009 Forester. As a result, dealer invoice is a very attractive selling price on a leased Forester right now. I highly doubt that you will be able to get one for $1,000 under invoice.   I would be happy to work up a lease payment on this vehicle for you to double check the dealer's calculations, however I cannot do so without knowing its full MSRP. Let me know what this number is and I'll run a payment for you.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: milzo (Dec 30, 2008 9:34 am) Car_man (Jan 09, 2009 3:25 am)
#155 of 365 Re: Residual and Money Rate on 2.5 X Premium [Mplsman] by Car_man HOST Dec 30, 2008 (2:46 am)
Replying to: Mplsman (Dec 13, 2008 1:57 pm) Thanks for taking the time to share the details of your lease, Mplsman. Make sure to stop back and let us know how you like your new Forester. I'm thinking about getting one for my next ride myself. It is a great value. Where else can one get a useful, AWD vehicle for less than $300 per month?   If you'd like after you take delivery you can stop by the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on the experience with others.   Enjoy your new ride !   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#156 of 365 Re: checking quote on XT Limited '09 [edgrimley] by Car_man HOST Dec 30, 2008 (2:49 am)
Replying to: edgrimley (Dec 14, 2008 1:58 pm) Hi Eric. Do you know this vehicle's MSRP or dealer invoice price? I ask because comparing the selling price that you were quoted to either of those numbers is the best way to see if there is any room left to negotiate on this deal. You can look these prices for this exact model as you want it equipped over in the New Vehicle Pricing section of Edmunds.com. Let us know what they are and I'm sure that either myself or another helpful community member will gladly give you their opinion.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#157 of 365 Re: Forester XT Limited [edgrimley] by Car_man HOST Dec 30, 2008 (2:58 am)
Replying to: edgrimley (Dec 14, 2008 3:10 pm) Hey Eric. I should have scrolled down before replying to your previous post. Dealer invoice is about as good as it is going to get on a leased 2009 Forester right now. The money factor that you were quoted looks great, too. If you like the vehicle, I personally don't see any reason not to pull the trigger on this deal.   You definitely should not make a down payment on your lease. Gap insurance only covers the difference between what your insurance company is willing to pay for your vehicle if it is totaled and what you owe the bank that you are leasing it through. Consumers who make large cap cost reductions when leasing risk losing them if their vehicle is totaled.   It definitely does not make sense to get LoJack on a leased vehicle, unless your insurance company provides you enough of a discount on your premium to pay for it. I personally would rather not get my car back if it is stolen. If your stolen vehicle is recovered, it likely will be pretty messed up. I would rather let the insurance company chalk my ride up as a loss and get something new than have to deal with repairing my old car.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: chuck68516 (Jan 01, 2009 6:57 pm) Car_man (Jan 09, 2009 3:34 am)

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