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Subaru Forester Lease Questions

596 messages,  Last post on Jun 15, 2013 at 2:20 PM

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What is this discussion about? Subaru Forester, Car Leasing, SUV

Messages Page 50 of 60

#487 of 596 Re: 2011 Subaru Forester 2.5X Limited [zitro70] by Car_man HOST

Aug 16, 2011 (5:49 pm)

Replying to: zitro70 (Aug 08, 2011 4:02 pm)
Hi zitro70. Subaru's August buy rate lease money factor and residual value for a 36 month lease of a 2011 Forester 2.5X Limited with 12,000 miles per year are .00125 and 54%, respectively for consumers who qualify for its top credit tier.
 
I would be happy to give you my opinion on this specific deal, but it would be much easier for me to do so if you were able to provide us with this car's selling price first.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#488 of 596 Lease Turn in Question by conger14

Aug 18, 2011 (7:31 am)

Hi,
 
I have a 2010 Forester Premium that we bought in 09' as a lease deal. The dealer cut off 15k miles and gave us a 30k mile lease instead of 45k. We did not realize the mistake until too late.
 
We are coming up on our 30k (currently 27k and change) and considering Subaru's 1.9 financing that is available until the end of this month and a local dealer offering $4,500 on trade ins...can/should we turn in our subaru now for a 2011 model?
 
I'm open to opinions and suggestions. We are looking at a 2011 WRX or 2011 Legacy 3.6. Our current lease payment is a little less than 400 a month. Really unsure what to do here...
 
Stephen

#489 of 596 Re: Lease Turn in Question [conger14] by Car_man HOST

Aug 24, 2011 (4:22 pm)

Replying to: conger14 (Aug 18, 2011 7:31 am)
Hi Stephen. I wouldn't worry about the special financing offer on the Forester expiring any time soon. I think that the 3-year, 1.9% rate has been available since Subaru launched the 2011 model. I would be shocked if it went away.
 
In your post you mentioned that your dealer is offering $4,500 on trade-ins. Are you saying that the dealer is willing to let you walk away from your lease for free at this point and pay you $4,500 to boot? If so, jump at that offer. That sounds a little too generous to me.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#490 of 596 Re: Lease Turn in Question [Car_man] by conger14

Aug 24, 2011 (5:42 pm)

Replying to: Car_man (Aug 24, 2011 4:22 pm)
Hi caRman,
 
The 4500 was a cash for clunkers deal and not applicable to my situation. What i did find when i went to the dealership today is that they are only willing to give me enough to pay off my lease and no equity towards a new car...kind of bummed there.
 
I think we will trade in for a new legacy with cvt so we dont get hammered with the mileage fee.
 
Stephen

#491 of 596 Subaru Forester 2.5X Limited w/Nav by max_anderson

Aug 26, 2011 (9:33 am)

Hi Car Man,
 
My father went into a local Subaru dealership with the intention of leasing a 2011 Forester (detailed in subject line). He wanted a 3 year/12K lease with taxes "rolled in." The tax rate in suburban Cook County IL is 9.5%.
 
They quoted him $550 per month. He's an older gentlemen so I thought I'd do a little digging to see how they arrived at that number. I can't seem to get there. Even assuming they based the lease off of full MSRP, it still doesn't make sense. I asked them what the August money factor residual is and was told 53% and .00140. I plugged those numbers in with the MSRP of $29,945 and I still got an estimated lease payment of about $450 (which includes tax).
 
Can you confirm August MF and residual on the Forester 2.5X Limited w/Nav for a 36-month, 12K lease?
 
I know everyone's in business to make money but I kind of feel like this salesperson my Dad met with was exploiting the fact that he was elderly and new to leasing. I was wondering your thoughts on this.

#492 of 596 Re: Subaru Forester 2.5X Limited w/Nav [max_anderson] by ateixeira

Aug 26, 2011 (9:39 am)

Replying to: max_anderson (Aug 26, 2011 9:33 am)
$550 price quote is absurd. They're crooks.

#493 of 596 Re: Subaru Forester 2.5X Limited w/Nav [ateixeira] by max_anderson

Aug 26, 2011 (1:52 pm)

Replying to: ateixeira (Aug 26, 2011 9:39 am)
Agreed. Big surprise that after I called their dealership and spoke to the sales manager, they claimed a "mistake" was made and have since come down to about $450.
 
I've known a lot of decent salespeople in my time, but there are always those ones that help give the industry a bad name.

#494 of 596 Re: Subaru Forester 2.5X Limited w/Nav [max_anderson] by Car_man HOST

Sep 06, 2011 (4:02 pm)

Replying to: max_anderson (Aug 26, 2011 1:52 pm)
Good job at taking care of your father, max_anderson. Your assumption about $500 per month being too much was absolutely correct.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#495 of 596 Lease rates September 2011 by vicski

Sep 12, 2011 (12:42 pm)

Hello, I was just offered a 2.5x Premium with all-weather package. MSRP $24964, invoice $23356 for $22856, lease 36 mo. 15,000 miles, 52% residual and money factor of .00095. Is this a good deal? Payments quoted at $279.13/month.

#496 of 596 Re: Lease rates September 2011 [vicski] by Car_man HOST

Sep 20, 2011 (2:56 pm)

Replying to: vicski (Sep 12, 2011 12:42 pm)
Hello vicski. The money factor, residual value, and selling price that you were quoted for this vehicle all look good. If you like the Forester, and it is a great value if you ask me, then I don't see any reason not to go for it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 50 of 60

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