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Subaru Forester Lease Questions

363 messages,  Last post on Oct 20, 2009 at 4:52 PM

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

What is this discussion about? Subaru Forester, Car Leasing, SUV




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#23 of 363
forester by eire2x
Jan 11, 2007 (6:46 pm)
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Hey CarMan- I am looking to lease a 2007 Subaru Forester in upstate New York. A salesman gave me the following numbers on a Forester 2.5X. MSRP: 22,419, but he told me he was bringing it down to $21,566. There is a $1500 rebate, which brings it down to just over $20,000. Residual value he told me was 49%. He gave me 2 quotes. For 15,000 miles/year, 39 months, with $1,548.62 (first payment and taxes) plus plates up front, the monthly lease payment is $330.37. If I roll the taxes into the monthly payments and only pay $432.91 up front, the monthly payment is $365.41.
Any thoughts on this? Are there any other numbers you need before you can tell me if this is a good deal?
Thanks for your help.
Tim
#24 of 363
Re: forester [eire2x] by Car_man HOST
Jan 24, 2007 (4:01 am)
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Replying to: eire2x (Jan 11, 2007 6:46 pm)

Hey Tim. So you are being given a dealer discount of around $850 on the Forester that you want to lease on top of the $1,500 lease cash. A base 2007 Subaru Forester 2.5X only has a spread of around $1,180 between its full MSRP and its dealer invoice price. So a discount of $850 isn't bad. It's probably only a couple hundred dollars over invoice. This price looks good to me, but you can always stop by the following discussion to see how much other community members have paid for similar vehicles lately: "Subaru Forester: Prices Paid & Buying Experience".
 
Take this price and make sure that this dealer uses Subaru Finance's buy rate lease money factor to calculate your monthly payment and you're in business. Subaru Finance's current buy rate lease money factor and residual value for a 39 month lease of a 2007 Subaru Forester 2.5X with 15,000 miles per year are .00260 and 49%, respectively.
 
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#25 of 363
Re: Subaru Forester: Lease Questions [Car_man] by jefbak
Jan 25, 2007 (6:49 pm)
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Replying to: Car_man (Aug 31, 2005 4:19 pm)

On Jan 2nd I was able lease a Forester X with Premium package for $265 a month including ttl. This was for a 24 month lease, 10K per year and $3000 down. I think the selling price for the lease was about $21500.
The leasing program was not that good compared to the mazda CX-7, but I wanted the full time awd so I went with it.
 
I am hoping a hybrid version will be availbe when my lease is up.
#26 of 363
Re: Subaru Forester: Lease Questions [jefbak] by Car_man HOST
Feb 17, 2007 (10:09 am)
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Replying to: jefbak (Jan 25, 2007 6:49 pm)

Congratulations on your new Forester, jefbak. Thanks for taking the time to share the details of your deal with everyone. Enjoy your new ride!
 
Car_man
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#27 of 363
LL Bean lease by au1994
Mar 26, 2007 (4:36 am)
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I have the following quote on an 07 LL Bean:
 
25,988 price, includes 1k in lease cash
12k/ 36 mo. lease
1st payment down payment is 490/mo 6% taxes included
1016 down (fees etc) payment is 473 taxes included.
 
I think this can be improved. Am I right?
 
Thanks!!
#28 of 363
Re: LL Bean lease [au1994] by Car_man HOST
Apr 24, 2007 (3:05 am)
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Replying to: au1994 (Mar 26, 2007 4:36 am)

Hi au1994. What is this vehicle's MSRP? This number will show me how much of a discount you are being given and it will enable me to use Subaru's current lease program to estimate what your monthly payment should be. Let me know and I'll tell you what I think of this deal.
 
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#29 of 363
Forester XT Sports lease rate? by dleungnyc
May 15, 2007 (4:38 am)
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Hi just curious. Does anybody know the current lease rate for the forester XT sports auto? For 2 years with 10k miles/year and 3 years with 10k/miles/year?
 
Thanks in advance.
 
David
#30 of 363
Lease deal question - Forester X Premium by 98in_cuse
May 18, 2007 (4:15 pm)
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Hi Car_man, I am looking at a lease deal with trade-in valued at $2800. The information that I have is:
 
MSRP $25086
Inv. $23697
36 mo./10K yr.
$330.35/mo., no initial payment except trade-in
 
I would like the "buy rate lease money factor" and residual value for this deal, but also wanted your opinion. It looks like about $2000 was taken off if I was to actually purchase the car, but I am also "waiting for the hybrid".
To buy this car outright I was quoted $21636.26 including taxes and fees. Which is the better deal? I'd rather go with the lease but want to know if this is a good deal. It sounds like jefbak got a really good one!
 
Thanks, Kathy
#31 of 363
Re: Forester XT Sports lease rate? [dleungnyc] by Car_man HOST
May 21, 2007 (1:58 am)
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Replying to: dleungnyc (May 15, 2007 4:38 am)

Here's the info that you're looking for, David. Subaru Auto Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Subaru Forester XT with 10,000 miles per year are .00200 and 63%, respectively. The numbers for an otherwise identical 36 month lease are .00280 and 54%. When negotiating your lease on this vehicle, make sure to take advantage of the $1,000 lease cash that Subaru is providing on it.
 
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#32 of 363
Re: Lease deal question - Forester X Premium [98in_cuse] by Car_man HOST
May 21, 2007 (2:07 am)
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Replying to: 98in_cuse (May 18, 2007 4:15 pm)

Hello Kathy. I see that you are considering trading in your current vehicle when leasing the new Forester that you are interested in. There's nothing wrong with trading in your current car or truck when leasing a new one, in fact many states give tax breaks to consumers who trade in their vehicles, however it would be in your best interest to have the dealer that you are working with cut you a check for your trade rather than using the proceeds from it as a down payment for your lease. I always advise consumers against making capitalized cost reductions on leases because those who make one risk losing part or all of it if their vehicle is totaled in an accident or stolen and never recovered. Have the dealer that you are trading your vehicle into cut you a check for it rather than using the proceeds as a down payment for your lease.
 
As far as this vehicle's lease program goes, if you were to lease a 2007 Subaru Forester X Premium through Subaru Auto Finance right now for 36 months with 10,000 miles per year, its buy rate lease money factor and residual value would be .00280 and 55$, respectively. Make sure to use the lease cash that is available on the Forester to negotiate an attractive capitalized cost for your lease.
 
Is the $21,636 that you mentioned the selling price that was used to calculate this lease payment? If so, this is a very good deal.
 
Car_man
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