Last post on May 15, 2013 at 3:35 PM
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Subaru Forester, Car Leasing, SUV
#443 of 592 Re: 2011 information [Car_man]
Oct 13, 2010 (5:32 am)
Yep, you got that right. Well, I feel that it bodes well for Subaru obviously, and I don't mind paying a little more for a car that seems to do everything right (for me).
For everyone else looking for a 2011, I got tired of getting different information from dealers. One dealer told me late this month, another told me December (!). So, I called Subaru directly, and they told me that the 2011 Forester will start to "trickle in" in about another month. He suggested that I place my order now, since I wanted a handful of options that the combination of which would never be on a vehicle I'd see on the lot. So, he sent me a 2011 brochure (so I can pick the color, since a few of them changed). He recommended I test drive the 2010, since there are no major changes, and the "look and feel" are about the same, so I can be sure I'm happy with the car before ordering it.
Plan is, assuming I get the brochure before then, is to hit a local dealer after work on Friday, and offer them $500 under invoice for the car I'm ordering, and see what they think. My thinking is that since the car won't even spend a day on the lot, they'll still be making quite a profit on it. Although I'm not sure how well it'll work out, based on Car_Man's statement of sales being strong. I was going to start out at invoice price, but then I figured they'd work up from there. Instead, I'll start below invoice, and worst case work up to invoice, which I'd be happy with anyway.
Anyone else have similar plans to order a 2011 in the short term? Are you waiting to see them on the lot, and why? Just curious to hear more experiences. Thanks all.
#444 of 592 Re: 2011 information [peteyboy30]
Oct 13, 2010 (5:59 pm)
My advice is you should sit back and wait for the cars to actually show up. No harm in trying, but I dont see why a dealer would be willing to special order a vehicle at a discount.
Besides, typically, a customer with your requirements is the customer you get the most money out of, not the least.
You are already in love with the car, cant wait for the new model to show up before placing a deposit, want a special order, and "don;t mind paying a little extra" .
They will squeeze you.
Hopefully I am wrong!
#445 of 592 Re: 2011 information [Car_man]
Oct 16, 2010 (11:02 am)
Car_Man: One more question, and a follow-up, if you don't mind. The dealer stated the money factor was .00250 (6%) which differed from what you mentioned. He showed me the spreadsheet, which had all models and styles, and the corresponding number. The residual was correct, but the money factor differed. Thoughts?
Secondly, when you guys go to the dealer to lease a Subaru, is this bank fee necessary, or can I get it waived? I think he said it was $595, which I almost fell over at.
#446 of 592 Forester 2010 lease vs. 2011
Oct 21, 2010 (9:43 am)
I am looking to lease a Forester, have one month left on my current lease from Acura and am wondering if waiting for the 2011's is the way to go. My understanding is that the lease payment will be less on a 2010, but what about residuals? Also XT w/ navi vs. Limited vs Premium All-weather PKG. Any thoughts on these 3 models?
#447 of 592 Re: Forester 2010 lease vs. 2011 [jjlew]
Oct 21, 2010 (5:33 pm)
As a "leasing veteran" -- iow, leasing seems to work for you -- I don't think you need to care too much about residuals. If you do turn it in, I'd say it doesn't matter, and the only significant number is the total outlay -- $$ down + sum of the payments.
It definitely pays to compare '10s and '11s, though.
#448 of 592 Re: Forester 2010 lease vs. 2011 [steine13]
Oct 21, 2010 (8:36 pm)
What about buying it outright. Do Subaru's hold their value? Never had one. Love your insight. Thanks.
#449 of 592 Re: 2011 information [peteyboy30]
by Car_man HOST
Oct 27, 2010 (3:14 am)
Hey peteyboy30. I'm pretty sure that the money factor that I provided you with is correct. The .00250 rate sounds like Chase's standard money factor.
$595 is a pretty typical acquisition fee. All banks charge one. You won't be able to get this charge waived. You can either pay it at lease signing or have it rolled into your car's capitalized cost to make it part of your monthly payment.
Prices Paid: Buying & Leasing Experiences Forum
#450 of 592 ending lease early penalties
Nov 19, 2010 (2:01 pm)
I was going to wait until the Forester's refresh (2012 model - new transmission?), but it seems as if I'm going to need a vehicle much sooner. My question is if I were to lease a 2011 Forester how much of a hit would I take if I wanted to trade it in for a 2012? Do you only have to pay the negative equity or are there other fees that dealerships add on?
#451 of 592 Re: ending lease early penalties [kiln]
by kyfdx HOST
Nov 19, 2010 (7:09 pm)
They don't really charge a penalty when you turn a lease in early.. They just sell your leased car at auction, and charge you the difference between what it's worth and the current payoff on your lease...
When you find out how much that is, you won't turn your lease in early..
Don't lease the car, if you can't keep it for the entire lease term.
#452 of 592 2011 for $800 under invoice???
Dec 02, 2010 (1:37 pm)
Is it completely unheard of to get quoted $800 under invoice for a 2011 2.5X premium? Because that is the price I jut received. Seems way too low, but I'm not complaining