- #354 of 368
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Re: 2010 Subaru Forester 2.5XT [stoopy]
by Car_man HOST
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Oct 13, 2009 (2:49 am)
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Replying to: stoopy (Oct 07, 2009 7:49 pm)
Here you go, stoopy. Subaru's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Forester 2.5XT Limited with 10,000 miles per year are .00210 and 60%, respectively.
The numbers for an otherwise identical lease of a 2010 Forester 2.5XT Premium are .00210 and 62%.
Car_man
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- #355 of 368
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Re: 2010 Subaru Forester 2.5XT [Car_man]
by bigdadi118
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Oct 13, 2009 (6:51 am)
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Replying to: Car_man (Oct 13, 2009 2:49 am)
It shows how popular the Forester is in its factor .00210 vs Legacy factor .00190
It is expensive as there's NO incentive to dealer and/or buyer to lower the car selling price.
Best negotiation now is buy at invoice price or $200 lower if lucky day at end of month. I think dealer is willing to lower a little more if you order the car instead of one in lot, so they have one more car to sell.
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- #356 of 368
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Re: 2010 Forester X Premium Lease [Car_man]
by garybob
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Oct 13, 2009 (7:27 am)
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Replying to: Car_man (Oct 13, 2009 2:27 am)
Thanks, I'm looking to return my 08' Forester as the lease is up and lease a 2010 Premium X all-weather automatic on a 36 month lease with 10K. The sales tax is 8.625% I would like to put down $1,175 and make 35 payments of $334.43. The sales tax is included in these figures. Is this reasonable?
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- #357 of 368
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(Car_man) 2010 Premium Lease 12k Miles 36 or 42 months
by mezztro113
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Oct 17, 2009 (7:19 am)
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Car_man,
Can you provide the October Buy Rate and Money Factor for 2010 Premium:
12k 36 months
12k 42 months
Appreciate your assistance.
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- #358 of 368
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Re: 2010 Forester X Premium Lease [garybob]
by dataport
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Oct 17, 2009 (7:36 am)
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Replying to: garybob (Oct 13, 2009 7:27 am)
I use a good lease calculator at http://www.leaseguide.com/calc.htm using the MF and Residuals posted here. I'm going in next week and getting a 2010 Premium X all-weather: 10K mi, 36 mo. 6% tax, $3300 down.........$215/mo. I'm pretty sure I can get this down closer to $200/mo by negotiating the Cap Cost down to where it should be.
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- #359 of 368
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Re: 2010 Forester X Premium Lease [dataport]
by djhalptert
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Oct 18, 2009 (7:53 am)
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Replying to: dataport (Oct 17, 2009 7:36 am)
If you are putting down $3300 why not just buy it. You can get 3.9% for 60 months. You should never put money down on a lease as it defeats the entire purpose of leasing. Having said that, $215 a month on a Premium seems very high if you are putting down $3300. I had a quote on a Premium with zero down for $318 w/ tax.
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- #360 of 368
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Re: 2010 Forester X Premium Lease [djhalptert]
by dataport
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Oct 18, 2009 (9:15 am)
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Replying to: djhalptert (Oct 18, 2009 7:53 am)
Nope, $215/mo was right in line. Specific were MSRP 25500, Cap 24000, 3300 down to reduce cap cost. MF of .00210, Residual 16331. Tax 6%. Calculator shows 199 plus 12 tax/mo. Without the down to reduce the cap (zero down), it would be around 300/mo. Just a personal preference - 3300 down upfront, or +100/mo for the 36 months.
Purchase even worse. 24000 - 3300 down = 20700. 5 yrs at 3.9% puts it close to $400/mo....not worth it to me.
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- #361 of 368
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Re: 2010 Forester X Premium Lease [dataport]
by djhalptert
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Oct 18, 2009 (4:56 pm)
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Replying to: dataport (Oct 18, 2009 9:15 am)
Whatever calculator you are using is wrong. 2010 Subaru Forester 2.5X Premium with 10,000 miles residual is 62% and money factor is .00210. If your cap cost (sale price) is $24,000 and you put down $3300. Net cap would be $21,295 including $595 acquisition fee. Residual is $15,810. Monthly payment would be $236 including tax. The problem is you need to negotiate more off the sale price.
You should never put down money on a lease. Even if you think it lowers your payment by $100 it is still not a good idea. If your car is stolen or totalled in an accident a month into your lease, you are out $3300. Put that money in a savings acount and pay your $100 higher lease payment with it. It's less of a risk.
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- #362 of 368
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2010 Premium xt
by dcolatriano
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Oct 20, 2009 (2:50 pm)
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I just received a quote of $398/month with zero down.
Cap cost $25,696
Acquisition Fee $895
9% PA Tax
57% resid
.00260
Should I keep shopping or is this good?
My credit is A1. Would that affect the money factor?
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- #363 of 368
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Re: 2010 Premium xt [dcolatriano]
by stoopy
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Oct 20, 2009 (4:52 pm)
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Replying to: dcolatriano (Oct 20, 2009 2:50 pm)
Last I heard it was 62% residual (10K, subtract 1% for 12K and 2% for 15K) and .00210 money factor. Looks like they are taking you for a ride. Acquisiton fee should be $595 not $895. The dealer can adjust any number they want and a shady dealer like the one you are dealing with will probably adjust them all. If you have over 700 FICO you should be at Tier 0 or 1 which is .00210.
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