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Subaru Forester Lease Questions

368 messages,  Last post on Nov 28, 2009 at 4:54 AM

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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#31 of 368
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 368
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.
 
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#33 of 368
Re: Forester XT Sports lease rate? [Car_man] by dleungnyc
May 21, 2007 (8:41 am)
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Replying to: Car_man (May 21, 2007 1:58 am)

Thank you Car_man for providing me with the information.
#34 of 368
Re: Lease deal question - Forester X Premium by Car_man by 98in_cuse
May 21, 2007 (8:56 am)
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Hi Car_man and thanks for the information on the trade-in. I guess you are saying it's better to simply make a cash down payment? On the lease cash, this dealer is saying that the $1000 goes away if you are leasing, so I am wondering about that - I see the incentive listed. The vehicle price is $23,697 which reflects no discounts except dealer invoice price. They are also quoting a money rate of .0029, I'm not sure why.
 
Any further information would be appreciated.
#35 of 368
Buying 2007 Subaru 2.5i limited - new by taxes
Jun 01, 2007 (12:57 pm)
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Hello Car_man,
 
Is this a good deal on a new 2007 subaru 2.5i limited?
28,617 MSRP
-1,500 dealer discount
    40 doc fee
with subaru discount,title,taxes,and transfer of plate the
total is
27,309.
 
I would like to buy an extended warranty. Should I buy it with the car or shop around? I plan on keeping it for at least 5 years and 100,000 miles.
#36 of 368
good timing? by vkeane
Jun 07, 2007 (10:49 am)
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Hey Car_man,
 
After hunting for months now, we've narrowed our search to a Forester LL Bean. Based on the new lease deals from Subaru do you consider now a good time to lease?
 
Thanks,
Vin
#37 of 368
new deal by vkeane
Jun 13, 2007 (6:38 am)
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Hey there
 
I just put a deposit down to lease an 07 Forester X-Premium. it includes the dimming compass mirror, rear cargo mat, sound system. It's about 2300.00 down(tax/fees) and 335.00 for 42 months. How does this sound to you?
 
Thanks for your advice!
VK
#38 of 368
Re: Forester XT Sports lease rate? [dleungnyc] by Car_man HOST
Jul 02, 2007 (2:33 am)
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Replying to: dleungnyc (May 21, 2007 8:41 am)

You're very welcome, dleungnyc.
 
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#39 of 368
Re: Lease deal question - Forester X Premium by Car_man [98in_cuse] by Car_man HOST
Jul 02, 2007 (2:42 am)
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Replying to: 98in_cuse (May 21, 2007 8:56 am)

No problem, 98in_cuse. I'm actually saying that it is better not to make any down payment aka capitalized cost reduction when leasing. I believe that Subaru's cash incentives are compatible with leases through Subaru Finance. With the payment of a security deposit at lease signing, through July 2nd its buy rate for a 36 month lease of an '07 Forester X Premium is .00280.
 
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#40 of 368
Re: Buying 2007 Subaru 2.5i limited - new [taxes] by Car_man HOST
Jul 02, 2007 (2:54 am)
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Replying to: taxes (Jun 01, 2007 12:57 pm)

Hi taxes. The vehicle that you described has a spread of around $1,700 between its full MSRP and its dealer invoice price. Plus there is a $1,000 cash incentive on leases of it. This give you a total of around $2,700 to play with. While the $1,500 discount that you were quoted isn't terrible, there is a very good chance that you would be able to beat it if you are in an area that has a decent level of competition and you comparison shop a little bit.
 
Car_man
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