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Prices Paid: Buying & Leasing Experiences Subaru Forester Lease Questions
363 messages, Last post on Oct 20, 2009 at 4:52 PM
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Replying to: windowsill (Aug 15, 2008 3:36 pm) Its buy rate lease money factor and residual value for a 36 month lease of a 2009 Forester XT with 15,000 miles per year are .00160 and 61%, respectively. These numbers should be consistent, regardless of what dealer you go to. You definitely should be able to negotiate a discount on the Forester that you are interested in leasing, just as if you were paying cash for or financing it. I am not all that familiar with what the market is like for this vehicle right now, but given the current state of the auto industry I would not be surprised if you were able to get one for fairly close to dealer invoice. You can look up the invoice price of the exact model that you want over in the New Vehicle Pricing section of Edmunds.com. You also should stop by the "Subaru Forester Prices Paid and Buying Experience" discussion. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: shonuff (Aug 16, 2008 8:30 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: windowsill (Aug 16, 2008 6:42 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Wanted to share the results from the lease we ended up with over the weekend in So. Cal. Subaru Forester 2.5X Premium w/ All Weather Package, aero cross bar, rear bumper cover, splash guard, ipod interface... 36 Month Lease; 10K miles per year MSRP: 25388 Base Cap: 23083 (about $700 under invoice) Money Factor: .00175 Residual: 62% I thought I could get better on the money factor w/ 740+ FICO score and a percentage better on the residual for lower miles... but the three lowest bidders wouldn't budge. $600 out of pocket, $322 a month (includes 7.75% tax). I'm not complaining! Worth noting for those in the So Cal market... of the 10 dealers in the OC, IE, and SD I sent email requests to, three were very competitive.and under invoice. Those dealerships were San Bernardino (where I bought mine... in and out in about an hour including a test drive), Irvine, and Puente Hills. The others quoted out of pocket fees of $700-100 and monthly payments of $340-366, or otherwise chose not to quote and instead insisted that I needed to come to their dealership. Something I found very effective... when emailing my request for a price, money factor, residual values I included the VIN # of the vehicle I was most likely to buy from the inventory listed on the dealers website.
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Replying to: weswaz (Aug 25, 2008 2:19 pm) Did you contact Thousand Oaks or Sherman Oaks dealerships? I've been looking at their inventories, both have a fairly decent number of Foresters sitting on the lots.. thx
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Replying to: Car_man (Aug 22, 2008 3:08 am) I have a question for you - we got our lease a few days before you responded. Our lease is 36 month, 12,000 miles for a Forester XT. the dealer gave us the 62% residual, however, our money factor is .002XX (i don't have my numbers in front of me, but it was something like .00246 or something like that) We SPECIFICALLY asked about the money factor and the salesman and the finance guy said that they don't control the money factor. That it could only go up, it could not go down. Was this a lie? Do I have any recourse? And if I went back to the dealership and called them on this, what kind of support could I use? (not sure, "the car man from the internet said so" , would work  thanks for all your help! we do love our car! but it really makes me upset if they sat there and lied to my face! |
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Replying to: andreym (Aug 25, 2008 4:15 pm) |
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| Seems like a good deal. Does anyone know the specifics of the college grad discount? Can it be applied to the lease? | |
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Replying to: weswaz (Aug 25, 2008 2:19 pm)  ! Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: windowsill (Aug 27, 2008 11:58 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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