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Subaru Forester Lease Questions

370 messages,  Last post on Dec 08, 2009 at 11:05 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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#317 of 370
forester lease by gunrockbeach
Aug 08, 2009 (6:10 pm)
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Went to test drive and talk about leasing a forester today....salesman acted like he didn't know what I was talking about when I mentioned the lease that is currently advertised by Subaru on their website for the forester (approx 1600 down and approx 250ish a month for 36 months)...he tried to tell me why that price wasn't available and that the 09s were almost all sold out so I'd have to look at a '10. Any advice on how to get the lease terms that are actually advertised? I strongly dislike dealing with care salespeople but really like this vehicle...
#318 of 370
Re: forester lease [gunrockbeach] by ateixeira
Aug 09, 2009 (5:03 am)
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Replying to: gunrockbeach (Aug 08, 2009 6:10 pm)

Just a thought, but see if the offer appears on Subaru's web site.
#319 of 370
LEASED A CAR AND IT WASN'T A SUBARU by aforester2010
Aug 09, 2009 (3:31 pm)
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Since I never received a response to my question above, I continued my search and found a much nicer deal with Audi. Granted, I had to compromise on having 4WD, and my passengers may feel cramped in the back seat during a 7 hour road trip. Audi's lease offer on the A3s, in the end, steered me away from Subaru. The price matched the worth of the car and that's exactly what I set out to accomplish when I started this journey!
#320 of 370
Re: 2.5X Lease [dataport] by Car_man HOST
Aug 12, 2009 (2:46 am)
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Replying to: dataport (Jul 24, 2009 7:02 am)

Thanks dataport .
 
You are absolutely right. The main variables for a lease are the money factor, residual value, and selling price. One needs to know the MSRP as well to work up a lease payment, but that number is a constant.
 
Some dealers attempt to mark up vehicles' acquisition fees or money factors to try to add additional, hidden dealer profit to deals, but that sort of thing is much more common with luxury brand dealers than with Subaru dealers.
 
I'm not sure of what sort of credit score is required to take advantage of Chase's best lease money factors for Subarus, but I can look into it for you.
 
Vehicles' residual values are indeed set in stone by the bank that you are leasing through. Individual dealers do not have the authority to alter them.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#321 of 370
Re: Canadian wants to lease from the US [dan2601] by Car_man HOST
Aug 12, 2009 (3:07 am)
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Replying to: dan2601 (Jul 26, 2009 12:28 am)

Interesting question, Dan. I suspect that Chase restricts its leasing of Subarus to the Continental United States and that it would not allow a Canadian to take advantage of its current program, but you can always check with a dealer to find out for certain if that is indeed the case.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#322 of 370
2010 Forester 2.5 X Premium Lease deal by conger14
Aug 12, 2009 (9:51 am)
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Hi,
 
I have the following deal in place but I wanted to check on the money factor:
 
2010 2.5X Premium
MSRP 25215
Sale Price 23400
MF .00270
Residual 62%
15k miles a year
36 months.
 
With a trade of a 2005 subaru legacy GT wagon where they are giving me 9800 and wiping out 2900 in negative equity gives me a monthly payment of 429.17 a month with 1383 due to pay tax/title/registration
 
I live in franklin county NY where we pay 8% on sales tax.
 
I have checked with four other dealers who can't even come close to this deal, especially with the trade so I'm pretty sure its a very good deal but I'm just wondering about the 2010 MF. Please let me know as soon as you can CarMan.
 
Thanks
Stephen
#323 of 370
Re: 2010 Forester 2.5 X Premium Lease deal [conger14] by zamo
Aug 12, 2009 (8:09 pm)
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Replying to: conger14 (Aug 12, 2009 9:51 am)

Residual 62% ?
 
Wow, that is excellent !
#324 of 370
Re: EXPLAIN MONEY DOWN REALTIONSHIP TO A LEASE - 2010 Forester 2.5X Premium [aforester2010] by Car_man HOST
Aug 13, 2009 (1:45 am)
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Replying to: aforester2010 (Aug 03, 2009 10:41 am)

Hi aforester2010. Down payments on leases aka capitalized cost reductions lower the amount financed which in turn lowers your monthly payment. I personally am not a big fan of putting money down when leasing. First of all, the money that you put down does nothing to reduce the end of term purchase price of your vehicle should you decide to buy it at lease-end.
 
More importantly, consumers who make large down payments when leasing rosk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be slightly higher, you will be better off going with a zero down lease.
 
You may want to check out the following articles on leasing that are available here at Edmunds.com prior to finalizing your deal
: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#325 of 370
Re: 2010 Forester 2.5 X Premium Lease deal [conger14] by Car_man HOST
Aug 13, 2009 (1:49 am)
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Replying to: conger14 (Aug 12, 2009 9:51 am)

Hi Stephen. Chase's (Subaru runs its special lease offers through them) current buy rate lease money factor for a 36 month lease of any 2010 Forester is currently .00230. Make sure that the dealer uses that factor to calculate your vehicle's monthly payment.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#326 of 370
Term Length by dataport
Aug 13, 2009 (6:24 am)
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Does Subaru/Chase offer 4 year leases? If so, does the money factor generally go up or down as the term increases.

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