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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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#43 of 368
2008 Forester Sports 2.5 XT by tsb
Sep 06, 2007 (5:40 pm)
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Hi Car_man,
 
I'm looking for the money factor and residual for the lease of a 2008 Sports 2.5 XT. I am located in New Jersey. I'm looking for 15k miles/year, however I'm not sure what length of lease is offered (36 or 39 months) and which offers the best value. In addition, is it reasonable to expect that this model can be purchased at invoice? I will need to order the car as I cannot find one locally in dealer stock. Thanks in advance for your help.
#44 of 368
Good Deal by marcus1701
Sep 11, 2007 (12:42 am)
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Well guys....check it out.
2008 Subaru Forester Premium Pkg, w/homelink mirror
Automatic
$245.14/mo payments
2yrs w/15,000mi a year.
 
I had to fish around dealerships for this price. When dealerships compete YOU WIN!
#45 of 368
Re: 2008 Forester Sports 2.5 XT [tsb] by Car_man HOST
Sep 17, 2007 (2:19 am)
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Replying to: tsb (Sep 06, 2007 5:40 pm)

Here's the information that you're looking for, tsb. Subaru's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Forester 2.5 XT (not the Limited model) with 15,000 miles per year are .00225 and 52%, respectively. The numbers for an otherwise identical 39 month lease are .00230 and 50%. When negotiating your lease on this vehicle, make sure to take the $500 lease cash that is currently available on it into account. Given this cash incentive, a selling price of right around dealer invoice is probably attainable if you are in an area that has a decent level of competition. Dealer are usually more willing to provide better deals on vehicles that they have in stock than ordered vehicles though.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#46 of 368
Re: Good Deal [marcus1701] by Car_man HOST
Sep 17, 2007 (2:22 am)
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Replying to: marcus1701 (Sep 11, 2007 12:42 am)

Congratulations on getting such a good deal on your new Forester, marcus1701. Make sure to stop by the new Dealer Ratings & Reviews to share your thoughts on your recent dealer experience with everyone.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#47 of 368
Re: 2008 Forester Sports 2.5 XT [Car_man] by tsb
Sep 17, 2007 (8:54 am)
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Replying to: Car_man (Sep 17, 2007 2:19 am)

Car_man,
 
I greatly appreciate this information. I think that there are enough dealers in my area to create some reasonable competition on the selling price. Thanks again for your help.
#48 of 368
08 Forester XT Sports lease rate by hpoohh
Nov 14, 2007 (1:53 am)
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Hi Car man, can you help find the lease info (MF, bank fee, residual, dealer cash, or customer cash that can be combined w/ lease program) for a 08 Forester XT sports?
i am looking at 12k/yr 36mo, i am in SoCal by the way.
thank you
#49 of 368
2008 Subaru Forester Lease Question by amberberg
Dec 13, 2007 (9:23 am)
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Hello. I am looking to lease a 2008 Subaru Forester. Never having leased before, I'm not sure if the following is a good deal or not. The dealer wasn't real specific on total costs. But here is what I know.
We are talking the base model Forester X with a MSRP of $23,213. The cap cost is $20,258. We discussed a 36 and 48 month lease. for the 36 month lease,the residual is .48 and for the 48 the residual is .45. The money factor is .00230 (this might have been just for the 48. Monthly payments for the 48 month lease were $250 with $1200 down. The dealer suggested extending the bumper to bumper warranty for an additional $15 a month. The were even more vague on the cost of the 36 month lease - but said it would be about $300 a month.
Does this sound OK? What else should I be asking?
 
Thank you.
#50 of 368
January programs?? by asd302
Jan 16, 2008 (7:37 pm)
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Hey Car_Man,
 
You've helped me several times before, last time on an infiniti M35x, I was wondering if you could get me the program information on a 2008 Forester XT Limited, and a 2008 Forester X premium, I'm pretty sure that 24 months is the best program right now, so I guess I'm just looking for the residual and MF for these two models, 12k and 15k. Also need to knows if manual/auto makes any difference.
 
Thanks in advance for your help!
#51 of 368
'Splain it to me! (lease question) by dcdame
Jan 21, 2008 (7:09 am)
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Replying to: Car_man (Sep 17, 2007 2:19 am)

Warning - some of this is probably TMI for my question, but I thought I'd put it in context just in case the additional detail is relevant.
 
From what I see so far, I like the '09 Forester redesign. Still, I don't really NEED to buy a new car and think waiting to buy the 2010 model is a good idea (for a potential better transmission and any other sophomore improvements).
 
My current daily driver is an Atlantic Blue Pearl '05 Turbo Baja with the leather package and options galore (including the hard bed cover, which is not entirely watertight). It has only 34K miles (dealer serviced), is in great shape, and hasn't given me a moment's problem. I could add a cap (for 1700 OTD), get the enclosed space I now want, and just wait until 2010 to buy a new Forester, but by then the Baja will have 50K miles and I'm guessing that the cap probably won't improve resale/trade value.
 
So, I've been thinking about looking into leasing an '08 Forester for 24 months - that way, I can turn it in at the end of 2 years, just in time for the 2010 models to be clearing out for the '11s. So far, so good -- I just need to find out what terms are reasonable. But . . . here's the part I don't understand. If I want to do the entire transaction with a Subaru dealer, how do I deal with a trade? I owe about $11.6K on the Baja (at 2.9% - 20 more payments $590/mo.). I've never leased a car before.
 
I would be most grateful for any insight/advice on this - TIA.
#52 of 368
Update to my last by dcdame
Jan 21, 2008 (8:20 am)
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Replying to: dcdame (Jan 21, 2008 7:09 am)

Okay, I decided to read this entire thread (which I should have done first) and see that trading a car in a lease transaction is not an issue. I've also gathered that I'd be better off, risk-wise, getting paid any equity and not using it for a down payment.
 
So, should I shop my trade via various Subaru used car departments and, meanwhile, separately ask for quotes on a lease (i.e., not on the same visit - I could ask for lease quotes via fax and meanwhile visit various Subaru dealerships - there are at leaset a dozen within an hour's drive max). I suspect I'll probably get the best lease offer from the guy who sold me the Baja (his dealership has the lowest price on an LLB), but his dealership already has 3 used Bajas on the lot, so I probably won't get as good a trade offer as I would from one that has zero).

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