Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Subaru B9 Tribeca Lease Questions

11213141618

Comments

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Congratulations on getting your new Tribeca, cartalk8. Thanks for taking the time to share the details of your lease with everyone. Make sure to stop by the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well. Enjoy your new ride :shades: !

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • jakelatjakelat Posts: 12
    Does anyone know if Subaru offers shorter term leases than 36mos? I do 15k per year and do not want to be off warranty the last 6mos of my lease. Thanks.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Yes, jakelat, Subaru offers 24 month leases. The monthly payment will be a little higher on a 2 year lease than it will be on a 3 year lease though because with the shorter term you will have twelve fewer payments to spread out your vehicle's large initial depreciation hit out over.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • stoopystoopy Posts: 105
    What are the up to date numbers on the 09 Subaru Tribeca? Are there any incentives? Why is no one leasing them? It seems that way anyhow, on account of the last post was 7 months ago. I'm trying to decide between Subaru models and noticed no one seems to have any info on the Tribeca. Looking at 36 month lease at 10K per year. Thanks.
  • stoopystoopy Posts: 105
    I would like the current nubmers on a 2009 Subaru Tribeca Special Edition. I'm interested in either 24 or 36 month lease, 10,000 miles per year. Thanks.
  • Stoopy-

    I'm also trying to decide between Subaru models. I got an intitial email quote on an 09 Tribeca Special Edition 7 passenger. It was $497 a month on a zero down 36 month lease. I suspect that is why no one is leasing them right now. Car Man will have to help with the actual numbers. I didn't investigate any further.
  • Also looking for numbers on the Tribeca Special Edition 5 Passenger. Interested in a 36 or 48 month lease with 15K miles per year.
  • Hi stoopy. Subaru's current buy rate lease money factor and residual value for a 36 month lease of a base 2009 Tribeca 5 Passenger with 10,000 miles per year are .00280 and 49%, respectively. The lease program for this model is different for other trim levels. Let me know if this is not the exact one that you want.

    Subaru is currently providing a $1000 dealer cash incentive on this model which is compatible with the above lease program.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • stoopystoopy Posts: 105
    Ouch! Were the 24 month lease numbers any better? What are they, even if they are bad? Are the numbers on the Special Edition 5 passenger different from the numbers you quoted on a base?
  • Hi birdstrike1. Here's the info that you're looking for. Subaru's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Tribeca SE 5 Passenger with 15,000 miles per year are .00280 and 49%, respectively. The numbers for an otherwise identical 48 month lease are

    This vehicle's 48 month lease program is terrible, but Subaru seems to be pushing 42 month leases of it right now. The numbers for an otherwise identical 42 month lease are .00120 and 45%.

    When negotiating your lease, make sure to take advantage of the $1,000 dealer cash that is currently available on this model.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hey stoopy. Yeah, the Tribeca's lease program is nothing to write home about right now. The 24 month numbers aren't any better. Subaru seems to be trying to steer consumers towards 42 month leases of this model right now. Its buy rate lease money factor and residual value for a 42 month lease of a base 2008 Tribeca with 10,000 miles per year are .00120 and 46%.

    The money factors for an otherwise identical lease of a 5 Passenger Special Edition are the same, but its residual values are 2% higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Car_man,

    What are the current money factors and residuals for a 2009 Subaru Tribeca Special Edition 5 passenger for 36 and 39 months, 10,000 miles per year? I live in Omaha, NE 68101. Thanks.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi petergriffin. Here's the information that you're looking for. Subaru's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Tribeca Special Edition 5 Passenger with 10,000 miles per year are .00150 and 49%, respectively. The numbers for an otherwise identical 39 month lease are .00150 and 47%.

    When negotiating your lease on this vehicle, make sure to take advantage of the $2,500 cash incentive that is currently available on it.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Car_man

    I'm new to the lease game and I don't understand what the money factor and residual factor have to do with calculating a lease payment. Can you assist in mapping those figures for what I might propose to a dealership in Houston, TX?
  • chuck68516chuck68516 Posts: 195
    http://www.leaseguide.com/lease08.htm

    Lease payment = Depreciation Fee + Finance Fee (aka Rent Charge) + Sales Tax

    Depreciation Fee = ( Net Cap Cost – Residual ) ÷ Term
    (Cap cost is sale price, Net Cap Cost is sale price minus any down payments, rebates, PLUS any and all fees)

    Finance Fee = ( Net Cap Cost + Residual ) × Money Factor

    The most common method is to tax the monthly lease payment at the local sales tax rate. This means you only pay tax on the part of the car you lease, not the entire value of the car. For example, if your local sales tax rate is 5%, simply multiply your monthly lease payment by 5% and add it to the payment amount to get your total payment figure. Depreciation Fee + Finance Fee = Xy. Xy + Tax Rate = YOUR MONTHLY PAYMENT.
  • I'm looking to lease a 2009 Subaru Tribeca Special Edition / 9TL. The dealer is offering me the car (MSRP of 33165) at invoice of 29407. How far under invoice can they / are they sell(ing) this car? Money factor of .0016 and residudal of .5 on 36 mo, 15k / year lease.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Welcome wwsorrells. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    In short, the best way to get a good deal on a leased vehicle is to negotiate as low a selling price as possible on the vehicle that you want and then have the dealer calculate your monthly payment using its buy rate lease money factor.

    Check out the linked articles and let us know if you have any other questions.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi davidmlam. You definitely should be able to do better than dealer invoice on this truck right now. Subaru is currently providing a large cash incentive of $2,500 on it. This cash should enable you to negotiate a selling price that's well below invoice, perhaps around $2,000 under give or take a few hundred.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • stoopystoopy Posts: 105
    Just got a quote back by email for 9TL 7 Passenger SE MSRP $32,696, selling price is $27,403.00. She said it was $700 under invoice.
  • chuck68516chuck68516 Posts: 195
    I will be closing this deal today, 36 month/10K per year, $360 a month including 7% sales tax with only first monthly payment due at signing. MSRP is $32,753.

    I had two dealers competing against one another. Original offer was $377 from one dealer. Second dealer offered $363, first dealer countered to $360.00. Second dealer offered to match that $360 again and trailer the Tribeca to me for free but I didn't want their Quartz Silver, just wanted to use them as leverage against my local dealer so I could get a cheaper monthly payment.

    I don't see how anyone could possibly get a lower monthly payment than this. The dealers were acting like I took their first born. At $377 dealer said they were only making $450 total profit. Yeah right.
Sign In or Register to comment.