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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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#72 of 368
Re: 2009 Forester LL Bean money factor /residuals [Car_man] by cacker
Jul 30, 2008 (11:51 am)
Reply

Replying to: Car_man (May 22, 2008 2:12 am)

hi all
 
Travis asked this back in May, and I was curious if there is more current info since then on leasing an 09 Forest 2.5 X Limited, yrs at 15k per year
invoice price
money factor
residual
etc
Was looking to make a decision this week
Thanks in advance!
- chuck
#73 of 368
Re: 2009 Forester LL Bean money factor /residuals [cacker] by red927
Jul 31, 2008 (7:08 am)
Reply

Replying to: cacker (Jul 30, 2008 11:51 am)

When I leased my 09 Limited 3 weeks ago, the money factor was .0016 and the residual was 57% for 12k miles per year. For 15k, I would guess that the residual would be 1% lower. The dealer charged me about $300 over invoice for a car that was very hard to get. I waited about 11 weeks and mine was the one of the first Limiteds he was able to deliver.
 
From what has been written in the papers, leasing is going to be much more expensive in the future due to declining residuals. The good thing is that Chase (who is Subaru's leasing company) is going to continue to lease Subarus. They are discontinuing leasing for all Chrysler products as of Friday, the same day that Chrysler is getting out of the leasing business.
#74 of 368
Re: 2009 Forester LL Bean money factor /residuals [red927] by ateixeira
Jul 31, 2008 (7:18 am)
Reply

Replying to: red927 (Jul 31, 2008 7:08 am)

I think Chrysler got hit with losses because they gambled on artificially high residuals.
 
Subarus generally have better resale so hopefully we don't see the same problem, though I agree that it's likely we'll see fewer lease offers gambling on such high residuals in the future.
#75 of 368
How'd I do? by mojo6666
Aug 01, 2008 (11:00 am)
Reply
I just leased a 2009 Forester XT , 2yr 15k, MSRP of $27,288 plus dealer installed compass mirror. $424/mo with $549 down(first mo. payment and DMV fees). Was it a good deal?
#76 of 368
Re: How'd I do? [mojo6666] by ateixeira
Aug 01, 2008 (11:48 am)
Reply

Replying to: mojo6666 (Aug 01, 2008 11:00 am)

Congrats, sweet car!
#77 of 368
Re: 2009 Forester LL Bean money factor /residuals [red927] by chuckack
Aug 04, 2008 (7:32 pm)
Reply

Replying to: red927 (Jul 31, 2008 7:08 am)

hey red927 - what did you pay? in the $25.5K range
what were your monthlies?
 
i am looking to close on a lease this week, limited 2.5X, 36 mos, 15K per year, and in the 11231 zip code.
 
I am awaiting what the new lease deals will be starting tomorrow.
#78 of 368
Re: How'd I do? [ateixeira] by mojo6666
Aug 05, 2008 (3:51 am)
Reply

Replying to: ateixeira (Aug 01, 2008 11:48 am)

Can anyone else list their lease deals? I got an '09 Forester XT MSRP $27813 plus EC Compass mirror, 24mo , 15K/yr, $424/ mo , $549 Down(1st mo. payment and DMV fees).
#79 of 368
Re: 2009 Forester LL Bean money factor /residuals [chuckack] by red927
Aug 05, 2008 (7:40 am)
Reply

Replying to: chuckack (Aug 04, 2008 7:32 pm)

The lease payment is $382/month including tax in NJ. The lease was based on $26,300 with $500 down in Subaru bucks. This is for a car with a MSRP of approx. $28.5K. Having leased with Subaru before, the first payment was on them. I just paid DMV fees and a doc fee of $125 at delivery.
 
I don't know what the August rates are but since Subaru is selling lots of Foresters, there are probably very bargains out there. Good luck.
 
Phil
#80 of 368
Re: How'd I do? [mojo6666] by ateixeira
Aug 06, 2008 (5:38 am)
Reply

Replying to: mojo6666 (Aug 05, 2008 3:51 am)

Mine was a purchase.
 
Generally, though, the residuals for the Forester are higher than average for compact crossovers, so you should be able to do better than average.
#81 of 368
by gioman
Aug 07, 2008 (12:49 pm)
Reply
Just wanted to give some info into my lease experience at the end of July!
  
I just leased a Dark Gray Forester 2.5x AT with Popular Eq. Group 1A and Tail Pipe covers for $287/month including tax in the Philadelphia PA area. I could not believe how effective the fax attack method got me a great price. MSRP: $22,609, Invoice: $21,223 and my price: $19,999. That's $1224 below invoice. The lease breakdown was as follows:
36 Months, 15k,
money factor: .00175(4.2%)
Residual: 59%
  
I am thinking this is good deal? Any one else getting this?? The only thing extra I paid was registration....no money down.

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