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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

#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

#497 of 596 2011 Lease Question, Forester Limited and Touring by capn441

Sep 28, 2011 (2:23 pm)

Hi Car_Man,
Can you tell me the Residual and Money Factor for both a 2011 Forester 2.5X Auto Limited and Touring for 12K and 36 Months? I was quoted 342 and 369 respectively, with 1,700 down.
 
Many Thanks,
Cris

#498 of 596 Re: 2011 Lease Question, Forester Limited and Touring [capn441] by Car_man HOST

Sep 28, 2011 (4:38 pm)

Replying to: capn441 (Sep 28, 2011 2:23 pm)
I'd be happy to help you out, Cris. Chase's September buy rate lease money factor and residual value for a 36-month lease of a 2011 Forester 2.5X Limited Auto with 12,000 miles per year are .00105 and 53%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical lease of a 2011 Forester 2.5X Touring are .00070 and 50%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 50 of 60

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