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2015 Subaru Forester Lease Questions

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  • club619club619 Posts: 59

    While you're looking at the XT #'s, does Subaru do 39 month leases? If so, I'd be interested in seeing the #'s for XT Premium & XT Touring for 39mo/10k. Does eyesight/nav matter to the residual and/or MF? Located in TX if that matters.

  • MichaellMichaell ColoradoPosts: 5,659

    @club619 said: While you're looking at the XT #'s, does Subaru do 39 month leases? If so, I'd be interested in seeing the #'s for XT Premium & XT Touring for 39mo/10k. Does eyesight/nav matter to the residual and/or MF? Located in TX if that matters.

    Subtract 2% for 39mo. Nav and eyesight do impact residuals. I've been quoting numbers without either.

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  • club619club619 Posts: 59

    So a 39/10k XT Touring would be 60% residual? Would eyesight & nav help or hurt the residual?

  • kyfdxkyfdx Posts: 29,224

    @club619 said: So a 39/10k XT Touring would be 60% residual? Would eyesight & nav help or hurt the residual?

    .00135 MF and 60% residual. On the XT Touring, Eyesight and NAV have no effect on the numbers..

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  • talaznfootalaznfoo Posts: 4

    Can I get MF & RV for 2015 forester 2.5i in CA? 36m/12k thanks

  • kyfdxkyfdx Posts: 29,224

    @talaznfoo said: Can I get MF & RV for 2015 forester 2.5i in CA? 36m/12k thanks

    .00160 MF and 64% residual, if automatic

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  • club619club619 Posts: 59

    I'm having trouble consolidating the #'s posted, so wanted to confirm I had the following #'s correct (in TX if it matters)--these are all for 2015's. 1. XT Touring 36/10k = 62% & .00135 MF 2. XT Touring 39/10k = 60% & .00135 MF 3. XT Premium 36/10k = 64% & .0015 MF 4. XT Premium 39/10k = 62% & .0015 MF

    Thanks!

  • MichaellMichaell ColoradoPosts: 5,659

    @club619 said: I'm having trouble consolidating the #'s posted, so wanted to confirm I had the following #'s correct (in TX if it matters)--these are all for 2015's. 1. XT Touring 36/10k = 62% & .00135 MF

    Correct

    1. XT Touring 39/10k = 60% & .00135 MF

    Correct

    1. XT Premium 36/10k = 64% & .0015 MF

    65% and .00150

    1. XT Premium 39/10k = 62% & .0015 MF

    63% and .00150

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  • lauraleex603lauraleex603 Posts: 15
    edited July 25

    Looking for MF, residual and possible monthly payment for Forester Premium in NH. Looking for 36 month, 12k/yr and according to TrueCar - selling price should be around $24,891. Also I know its not advised but planning on $1200 down payment and $4400 in trade (completely planning on buying out the car at the end of the lease)

    Thanks!

  • MichaellMichaell ColoradoPosts: 5,659

    @lauraleex603 said: Looking for MF, residual and possible monthly payment for Forester Premium in NH. Looking for 36 month, 12k/yr and according to TrueCar - selling price should be around $24,891. Also I know its not advised but planning on $1200 down payment and $4400 in trade (completely planning on buying out the car at the end of the lease)

    Thanks!

    65% and .00165.

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  • lauraleex603lauraleex603 Posts: 15
    edited July 28

    @Michaell said: 65% and .00165.

    Does this change at all if the actual MSRP is $27,186? I realized I might have gave wrong numbers to be accurate

  • kyfdxkyfdx Posts: 29,224

    @lauraleex603 said: Does this change at all if the actual MSRP is $27,186? I realized I might have gave wrong numbers to be accurate

    Nope... MF and residual are make/model and term specific, but MSRP does not change the numbers.

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  • jen0402jen0402 Posts: 2

    Hi there! I am wondering if it is possible for me to find a lease for $300 per mo for the Subaru Forester 2015 2.5i Premium.

    I live in NJ.

    Here is a quote I received:

    MSRP: $27,790.00 Adjusted Price after discount: $25,812.00

    They showed me another sheet that I "couldn't" take home with me with these lines. *I did not ask for the eye sight, mirror package, or wheel lock kit but it was on this sheet:

    All-weather Package and Eye Sight: $1080.00 Mirror Package: $274 Wheel Lock Kit: $35 All weather Floor Mats: $46 Standard Destination Charge: $850.00 Negotiated Selling Price or Net Cap Cost: $25,812

    12,000 Miles 36 month Term

    $0 down Taxable Fees: $595 Documentation Fee: $229 Tax: $854.28

    Net Price: $27,791,48

    Money Factor: .00165

    They are giving me a price of $357/mo for this lease. Does this sound right? I am wondering why they are charging me a line item for the all-weather package when I was told this comes with the premium model? They said they were "throwing in the eye sight" which I know is not normally a part of the premium model as well and I did not request.

    Any info on if I am getting good numbers would be helpful as well as suggestions on how to reduce this closer to $300 per month would be much appreciated!!

    Thanks so much!

  • kyfdxkyfdx Posts: 29,224

    At those numbers, I get $346/mo., which is fairly close to their number. The numbers are the same across the board on the Premium trim, so options don't matter. Eyesight is an option on the Premium model, but it's not a dealer-added option, is it? I would think it would have to be factory installed.

    The only way to lower the payment with the numbers presented is to get a lower selling price. That may not be possible on a 2015 model.

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  • jen0402jen0402 Posts: 2
    edited July 29

    @kyfdx thank you so much for your help! do you know if leasing a 2014 model is a possibility at this time? I'm asking the dealer as well.

  • MichaellMichaell ColoradoPosts: 5,659

    @jen0402 said: kyfdx thank you so much for your help! do you know if leasing a 2014 model is a possibility at this time? I'm asking the dealer as well.

    We do have lease numbers for the 2014 model year. If they are in stock at the dealer, no reason why you couldn't lease one of them.

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  • club619club619 Posts: 59

    I realize it's just the 1st, but curious what day of the month the new lease #'s usually come out from Subaru.

    Thanks

  • MichaellMichaell ColoradoPosts: 5,659

    @club619 said: I realize it's just the 1st, but curious what day of the month the new lease #'s usually come out from Subaru.

    Thanks

    The dealers will have the new numbers today; we hope to, as well. Otherwise, it will be early next week.

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  • club619club619 Posts: 59

    @Michaell said: The dealers will have the new numbers today; we hope to, as well. Otherwise, it will be early next week. Awesome, thanks. When you do have them, could you provide updated #''s for the following: 1. XT Touring: 24/10 & 36/10 2. XT Premium: 24/10 & 36/10

  • kyfdxkyfdx Posts: 29,224

    @club619 said: could you provide updated #''s for the following: 1. XT Touring: 24/10 & 36/10 2. XT Premium: 24/10 & 36/10

    1. .00263 MF and 68% residual. .00135 MF and 62% residual

    2. .00263 MF and 71% residual. .00150 MF and 65% residual.

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  • talaznfootalaznfoo Posts: 4

    hi, can you provide august RV & MV for the following: im in CA. 2.5i - 3yr 12k 2.5i - 3yr 15k 2.5premium 3yr 12k 2.5premium 3yr 15k

  • MichaellMichaell ColoradoPosts: 5,659

    @talaznfoo said: hi, can you provide august RV & MV for the following: im in CA. 2.5i - 3yr 12k 2.5i - 3yr 15k 2.5premium 3yr 12k 2.5premium 3yr 15k

    2.5i 36/15 - .00160 and 62%

    2.5 Premium 36/15 - .00165 and 63%

    Add 2% for 12K

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  • poweragepowerage Posts: 5

    Greetings.

    I currently have a 2011 Forester X 4EAT on a lease that ends in a few weeks and I went to a dealership to test drive an XT to see the difference in power. They offered me a number for a lease on an XT Touring and I'm curious to know if it's a good deal.

    Please note two things...we didn't negotiate a price or discuss a cap cost AND while the MSRP is $34k, the dealer had added a warranty package of $600 and a $450+/- pinstriping job to the car. Those two dealer-added "options" were, sadly, on every vehicle they had on the lot.

    • 2015 Subaru Forester XT Touring
    • New Jersey
    • MSRP $34k -or- $35k with dealer-added "options"
    • Negotiated Price/Net Cap Cost = not discussed
    • 36 month lease
    • 15k miles per year
    • $3000 down (includes registration, fees, tax, and 1st months payment)
    • $400 per month (includes tax)
    • part of the deal includes them taking in my 2011 thereby eliminating my need to pay $1k out of pocket in disposition and (over) mileage fees.

    I'm hoping someone can advise whether this is a good/decent deal with the info given.

    Thanks!

  • MichaellMichaell ColoradoPosts: 5,659

    @powerage said: Greetings.

    I currently have a 2011 Forester X 4EAT on a lease that ends in a few weeks and I went to a dealership to test drive an XT to see the difference in power. They offered me a number for a lease on an XT Touring and I'm curious to know if it's a good deal.

    Please note two things...we didn't negotiate a price or discuss a cap cost AND while the MSRP is $34k, the dealer had added a warranty package of $600 and a $450+/- pinstriping job to the car. Those two dealer-added "options" were, sadly, on every vehicle they had on the lot.

    • 2015 Subaru Forester XT Touring
    • New Jersey
    • MSRP $34k -or- $35k with dealer-added "options"
    • Negotiated Price/Net Cap Cost = not discussed
    • 36 month lease
    • 15k miles per year
    • $3000 down (includes registration, fees, tax, and 1st months payment)
    • $400 per month (includes tax)
    • part of the deal includes them taking in my 2011 thereby eliminating my need to pay $1k out of pocket in disposition and (over) mileage fees.

    I'm hoping someone can advise whether this is a good/decent deal with the info given.

    Thanks!

    Without a negotiated price / net cap cost it's hard to evaluate the quote.

    The residual and MF for the 2015 XT Touring are 59% and .00135 - review the numbers to ensure that the dealer isn't marking up the MF on you.

    I'd also check for a dealer that didn't automatically add $1000 worth of accessories to every car - that alone adds $28/mo to your payment for a 36 month lease.

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  • poweragepowerage Posts: 5

    Thank you for your reply. I'm going to call them first thing tomorrow and ask about both the MF and cap cost. I'm comfortable with the monthly cost, but if there's a way to save some money a month, I want to take advantage.

    Agreed about the add ons, but sadly they're the only dealership in my immediate area that has the exact model and color I want. Seems that XT's are a rare breed around here.

  • MichaellMichaell ColoradoPosts: 5,659

    @powerage said: Thank you for your reply. I'm going to call them first thing tomorrow and ask about both the MF and cap cost. I'm comfortable with the monthly cost, but if there's a way to save some money a month, I want to take advantage.

    Agreed about the add ons, but sadly they're the only dealership in my immediate area that has the exact model and color I want. Seems that XT's are a rare breed around here.

    Keep us posted ... how far away are the next closest dealers? Perhaps a road trip is in order - a few hours to save $1000 works out to a healthy hourly rate.

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  • poweragepowerage Posts: 5

    I definitely will. There are two other dealers that are even closer or same distance, but their stock bares no XT's.

    Alternatively, what's the RV and MF for a 2015 Forester XT Premium? I'm going to give the Costco Auto program a shot and put in for an XT Premium. Seeing as it's a lease, I don't think I need all the bells and whistles.

    Thanks for your help!

  • MichaellMichaell ColoradoPosts: 5,659

    @powerage said: I definitely will. There are two other dealers that are even closer or same distance, but their stock bares no XT's.

    Alternatively, what's the RV and MF for a 2015 Forester XT Premium? I'm going to give the Costco Auto program a shot and put in for an XT Premium. Seeing as it's a lease, I don't think I need all the bells and whistles.

    Thanks for your help!

    XT Premium - .00150 and 62% for 36/15.

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  • poweragepowerage Posts: 5

    Thanks for that info!

    So being I got more info for my original question, let's try this again:

    • 2015 Subaru Forester XT Touring
    • New Jersey
    • MSRP $34k
    • Negotiated Price = $32,900
    • 36 month lease
    • 15k miles per year
    • $3000 down (includes registration, fees, tax, and 1st months payment)
    • $400 per month (includes tax)
    • part of the deal includes them taking in my 2011 thereby eliminating my need to pay $1k out of pocket in disposition and (over) mileage fees.

    The guy i'm working with said the MF was .00324 which is nearly double what you had quoted! I'm assuming $400pm is way more than it should be for this vehicle. What kind of numbers do you get? I'm not overly savvy with this, so please pardon my ignorance. Thanks!

  • MichaellMichaell ColoradoPosts: 5,659

    @powerage said: Thanks for that info!

    So being I got more info for my original question, let's try this again:

    • 2015 Subaru Forester XT Touring
    • New Jersey
    • MSRP $34k
    • Negotiated Price = $32,900
    • 36 month lease
    • 15k miles per year
    • $3000 down (includes registration, fees, tax, and 1st months payment)
    • $400 per month (includes tax)
    • part of the deal includes them taking in my 2011 thereby eliminating my need to pay $1k out of pocket in disposition and (over) mileage fees.

    The guy i'm working with said the MF was .00324 which is nearly double what you had quoted! I'm assuming $400pm is way more than it should be for this vehicle. What kind of numbers do you get? I'm not overly savvy with this, so please pardon my ignorance. Thanks!

    When I use the MSRP and negotiated price you've provided, along with the 59% residual and .00135 MF, I get a payment of $428.16/mo for 36 months.

    In NJ, tax for the entire lease is calculated up front and is either paid at lease inception or rolled into the cap cost. I wonder if the $32,900 already includes the tax, or if it's being paid out of the $3000 down.

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