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Subaru B9 Tribeca Lease Questions

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Comments

  • I think it is a combination of things.

    Partly SOA lacks name prestige (Snob Appeal)

    Core Subie owner are not willing to spend that much for there beloved subies.

    Higher end buyers will spend more if only the B9 had a more upscale options list. But with out the options they are not interested.
  • nycb9nycb9 Posts: 30
    That's way too much. I got a NO MONEY DOWN deal on a 7 pass Ltd B9 with DVD and Aero Bars for $425/month (36 month/12,000 miles per yr) . I drove away having made only the first month's payment & registration fees and rolled everything else into the lease.

    Regards and good luck...Joe
  • Hi Joe,
    If you don't mind my asking you, would you let me know the dealership where you got your Tribeca? How was the overall experinece? I'm also in the NYC area. I'm strongly considering getting the Tribeca before the end of the month and hoping to get into under $410 with similar options (i.e. DVD, tinting mirror & compass). Also, did you go according to the Subaru run lease promo or did you negotiate the lease from the MSRP down? Any help is greatly appreciated.

    Best regards,
    O.Bender
  • nycb9nycb9 Posts: 30
    Hi O.

    I got my Tribeca from Grand Prix Subaru in Hicksville (Long Island) NY in January. The experience was good. But, I only got that deal because I told them I knew about Subaru's special Lease deal ($299/mth, $2,998 down on a 7 pass LTD). When I first went there they gave me #'s based on MSRP. I don't know if the deal still exists for March, but you could get it at ANY dealership if you tell them you know about it. I still don't think they've been selling well and they've gotta make room for the '07 soon so it still might be in effect and may be even better. Because it's a Subaru Corporate sanctioned deal, you can't do any better. I think the #'s work out where I ended up getting the car for about $2500 off MSRP. The Aero Bar ended up getting thrown in because they didn't have that on my original lease paperwork and when I changed colors they had to get me one from another dealer. It ended up having the Aero Bar option and they never changed the paperwork...saved me $210. The deal on the Subaru Corporate paperwork shows all the different options (5 or 7 pass, LTD, DVD and/or NAV) and lease prices. A 7 pass LTD w/DVD is $328/mth w/$2998 down. I had it all rolled into the lease with a few more accessory options and it came to $425/mth.

    Good Luck...Joe
  • Joe, Thanks very much.
    I thought that was according to the promo deal. It is still on thru the end of March: $1,999 down, $595 acquisition fee, $299 1st Month + taxes and misc. fees.
    My wife just scheduled an appointment for a test drive for the following Saturday. She's the primary driver and transports the kids a whole lot. I was considering to purchase the Odessey until I stumbled onto this deal. It appears to be a great value for a $35,000 ride. Another consideration was Volvo XC70 AWD. Still would like to test drive each car.

    Oh, I have two more questions to ask. What was the money factor assigned and what did the Subaru put as a residual value? Again, thank you for your quick reply.
  • nycb9nycb9 Posts: 30
    Yes, the deal is still on. They advertised it on CBS880 this afternoon. The $1,999 down, $595 acquisition fee, $299 1st Month pymt comes to the $2900 total downpayment I was quoted so it is the same deal. 0.0008 money factor with a 58% residual. It really does have a great ride. That's one of the best things about it. At this price I feel it is a great value as well. Especially considering what an X3, X5, XC70, Touareg, RX330 and FX45, even Murano similarly loaded go for. I'm sure your wife will love it.

    Which dealership?

    Good Luck...Joe
  • Joe,
    Thanks again.
    Bay Ridge Subaru is the dealership my wife contacted. I have no idea how easy or difficult they are in negotiating, but we still have to determine wether this car is for us before it comes to any serious talk.

    I appreciate your help.

    Best regards,
    O.Bender
  • chris_txchris_tx Posts: 15
    New to leasing, and I'm sure my question has been asking and answered before, but I was wondering if the current March lease promo is non-negotiable? What I mean is that I'm more interested in a loaded 5-pass, but with either 12k or 15k miles/year and no money down. But I want a sweet deal like you guys are getting. I looked up what I thought a couple good models would be, and the Edmunds prices were $32.5K (5-pass Ltd) and $33.7k (7-pass ltd) respectively.

    Tax is 6.25%, do you know if they allow it to be rolled in in Texas?

    I am strangely drawn to the styling, very Alfa-esque I think. And love that it is so rare in my SUV-loving city of Houston.

    Thanks.
  • nycb9nycb9 Posts: 30
    Yes, I believe the Subaru corporate deal is the best you can get and non-negotiable. Maybe you can get the dealer to throw in an accessory. The way my lease worked out, I got a 7 pass LTD with DVD and a few accessories for $34,250 ("Negotiated" selling price on lease worksheet). Which, if you add the $1,800 for the DVD package, is much cheaper than the Edmunds price of $35.5K ($33.7K + $1,800). You may be stymied by a Texas State law that says you must pay ALL the taxes on the lease up front. That'll raise your lease price substantially.

    Yes, I too love the B9 styling and the fact that there aren't a ton of them out there.

    Good Luck,

    Joe
  • mjk7mjk7 Posts: 8
    :D Thanks to your informative posts I am on the verge of taking the plunge. I've got what I think is a great lease deal on a 7 passenger LX with Nav and DVD $700 down (which includes first month payment, tag fees, and a few extra bucks) at $403/month 12K miles 36 months. I am turning in a 2003 Murano on lease which I got 3 weeks after they came out. It has been a good car but I was looking to get into something with a 7 seat option would be handy. I was considering the Pilot and the Highlander, the XC90 as well. The XC90 although quite a bit more expensive does have an attractive lease going now but it still is significantly more money and the complaints about reliablilty are deafening. The Pilot is much larger but along with the Highlander has to be the most boring car created. The lease deal on the B9 is unbeatable on a 40K car!! Besides that the car handles better than all of the above including the Murano. The other thing that attracted me is Subaru's AWD system which in my opinion is superior to the others mentioned. We had a 2nd hand outback impreza wagon years ago and it was the best car in the snow by far. Thanks to your informative posts I was informed about the 2 lever issue with the 2nd row seating allowing for much more glide in the 2nd seat to accomodate third row passengers. Before going to my local dealer (who did know about this) I was at the Philly car show and the model demonstrating the 3rd row seat access had no clue. I walked away very disappointed thinking the 3rd row was for small pets only. Clearly there is decent room in the third row (compared to comparable vehicles)if you know how to adjust the 2nd seat properly. I am 6'3" and although I have no intention on sitting anywhere but the driver's seat, even I was able to get back there. I am truly excited about the Tribeca. I am in disbelief after reading many not so complimentary reviews focusing on the looks. In my opinion ( and I must give you the backround that I drove Saabs for 10 years), I think the looks of the Subaru are awsome. If the same car was released by Porsche the magazines would all hail the style. I don't get it. The frontis cool. Who wants to drive a car that looks so generic like a Pilot? As far as what I read about the upcoming 07 changes, they seem minor to me and not worth the wait given this lease deal. What I would like to see in the future models is blue tooth, satellite radio, a better roof rack (thule and Yakima do not yet have fit kits), better colors, and a 6 speed manual transmission. Sorry about going on and on but I've read so many posts that I had to vent. A few qustions though--- the lease deal I was quoted is thier special with alot of the down money worked into the lease. Money factor .0032 int .08% with 56% residual ( which apparently came down from 60% when first released - when it goes lower they probably won't be able to lower the interest rate to off set it). Is there any wiggle room? Might I get rubber mats or some accessories thrown in if I push in anybodies opinion? Secondly tan or slat grey leather? I've always had tan but it does tend to show the dirt much more any thoughts??
  • I got my Tribeca Saturday. Monday drove it to FL, it is unbelievable, my 4th Subaru, somewhat biased??, maybe but have an Audi as well. I leased no money down, taxes rolled in etc and pay $498.00 now this does include some excess from my previous VDC which i owned but still owed on!!, also i have the 15,000 miles allowance and a guaranteed buyout of 20995.00
    I cannot recommend this car enough, i, as everyone else test drove everything comparable, the only other serious contender for me was the Hybrid twins from Toyota but the lexus was too much and the Highlander just not visually exciting. Anyway good luck.
  • mjk7mjk7 Posts: 8
    Sounds great! What color did you get ? I hope to pick mine up on Saturday. $ 445 with tax no money down 12 K
  • ajfitzerajfitzer Posts: 30
    I got sucked in! The Outback has NO $$ incentives right now, and the Tribeca has been a bit a loser for Subaru. I live in NJ, and started calling dealers for quotes on the Outback. I was not getting good numbers, as Subaru is not offering anthing on the Outback. When I mention the Tribeca, the dealers were more confident on the numbers. I was quoted TODAY from a Pennsylvania dealer $367/month 36 months, 12K miles, with $370 down for fees, and inludes the FINAL TWO PAYMENTS ON MY LEGACY!! This was for a LOADED 7 passenger Limited, White with Grey leather, Navigation, etc. If I decide to hold onto my Legacy, they drop the payment to $352/month for 36 months.

    The second PA dealer offered me the Tribeca Limited without the Navigation, using $31,190 as the number with over $2K in dealer cash and incentives, $362/month for 36 months, 12K miles, $852 down for tax and fees.

    Did I mention they will waive the first month and security deposit because I have SUBARU LEASE LOYALTY?

    I do not love the look of the Tribeca, but this sounds very good to me! Any thoughts? Do I jump on this?
  • mjk7mjk7 Posts: 8
    Sounds like a great deal. Is that with Nav and DVD?
  • ajfitzerajfitzer Posts: 30
    The offer I got was with Nav but no DVD. I did not care about either, but it is certainly a bonus.
  • ateixeiraateixeira Posts: 72,587
    It's nice, you'll enjoy having it.

    Nice deal, too.

    -juice
  • slurisluri Posts: 37
    if you don't mind, which pa dealers?
    i am looking for a 7 lmt with nav.
    thanks
    sluri
  • ajfitzerajfitzer Posts: 30
    Becker Subaru in PA, near the NJ border. I am was quote $362 a month, putting down about $900 for taxes up front, for a Tribeca Limited-7. Keep in mind I do have Subaru lease loyalty though (they waived security and first months).
  • ajfitzerajfitzer Posts: 30
    After negotiating with SEVERAL local dealers in NY and NJ, I spoke with 2 in PA (near the NJ border) who were by far the most competitive and most knowledgable on the Tribeca.

    Yesterday I traded in my 2003 Legacy L SE Sedan with 2 months remaining for a brand new 2006 Tribeca Limited 7Pass with Navigation. As I stated earlier, I was able to negotiate an excellent deal with only $370 down (plus $180 for the roof rack I had thrown on), and a monthly payment of $367/month for 36 months, 12K miles, and taxes were inlcuded. Anyone in the greater NY area MUST make the trip out to PA. It will save you $$$.

    Fitz
  • slurisluri Posts: 37
    congrats.
    i am really irritated that the nav doesn't come with voice activation and also it doesn't have bluetooth.
    big negatives for me. i don't mind the styling and actually like it, but my wife hates it with a passion.
    how are the 3rd row seats? are they comparable to MDX?
    thanks
    sluri
  • doggie76doggie76 Posts: 4
    I'm about the sign the papers on a fully loaded 7 pass ltd. w/ navi and dvd for $399/month, this includes taxes. The car was a demo with 1k miles on it. They offered $405/month for 7 pass ltd w/navi only, but I decided to go with the demo because of the monthly. What do you guys think?

    I forgot to add, this was for 12k/yr 36mth. residual was 56% and money factor .00032. All 7pass for march have .00032 and all 5 pass have .0007 for march.

    I think this is the best crossover suv that I can get for my money for 399/month.
  • raybearraybear Posts: 1,776
    Sounds like you want an MDX....
  • cacmancacman Posts: 40
    That sounds like a very good deal - do you mind posting the actual #'s - MSRP - CAP Price - just curious as to the amount of discount they provided due to the 1k miles - do you get the bumper to bumper for 37k and 36 months from delivery?
  • ajfitzerajfitzer Posts: 30
    Sluri- GO TO THE MDX BOARD!! If you want an MDX, then get one. Quit making the comparison between Acura and Subaru. They are different models with SEVERAL $$'s seperating them. :mad:
  • doggie76doggie76 Posts: 4
    MSRP: $39,468, Cap, 34,625, Bank Fees, $595, Trade in credit of $495 and a tax rate of 8.375. The warrenty is still 36/36. I'm just going to risk the extra 1k miles. I think the dealer said there was a 1000 dealer cash which i recieved. I'm going to sign the paperwork and pick up the car today. The best deal they offered for a non-demo with same features (nav/dvd) was $429 or $405 w/ only nav. All with no $ down, just first payment and dmv fees of 187.5. Hope that helps.
    After looking at the numbers it looks like a better deal than the SOA special lease with taxes and down payment rolled into the monthly, so I guess the lease deal offered is negotiable if you get a good salesman to work with.

    SC
  • cacmancacman Posts: 40
    I would sign for your deal right now if it was offered - my latest offer is 7 pass limited no nav or res for 369/mo plus tax (10% in PA) - at this point I think the nav and RES would add around $ 45 / month - I am going to wait until April to see what addl amounts of discount they may have - please let me know how you like the car.
  • pete_rocpete_roc Posts: 11
    Hi all,

    New to leasing and to Subaru. I’m interested in leasing a 7Pass LTD B9 with Nav. I live in the San Diego area and there is a special that claims $4,000.00 Off MSRP - $1,000.00 Rebate = Total Savings $5,000.00. What would be a good lease on such a vehicle and has anyone leased a B9 in So. Cal (7.75% sales tax)?

    Also, I tend to buy cars with cash and hold on to them for 8-10 yrs but truth be told the buy and hold model is getting old given that family needs change. This car would be for my wife and two kids (4 and 2 yr old) which I think would fit them well and provide all the current safety features I could possibly ask for. Most SUV are too big but the B9 seems just right for a small family of four with the occasional in-law visit :cry: . My concerns about leasing are…
    1. What happens in case of car accident or theft?
    2. I expect to put at the most 10k miles on it. So given a 12k lease, is it still worth leasing? What are the implications of turning in a low mile car?
    3. Should I care what the money factor and residuals are, if I tend to simply part with the car at the end of the lease?
    4. Is there a way to determine the length of care ownership that makes leasing a better option over buying new?
    5. Are there any “gochas” to look out for in leasing?

    Any help with the above would be greatly appreciated.

    Pedro
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi chris_tx. The selling prices of leased vehicles are always negotiable, just as if you were paying cash or financing. The fact that a manufacturer is advertising a lease on a particular model does not prevent one from negotiating its selling price. In fact, I would go as far to say that smart shoppers can usually beat the deals that manufacturers advertise. If one thinks about it, it makes sense. An automaker would make its dealers pretty angry if it advertised the lowest possible lease on a car or truck. Shop around and negotiate as low a selling price as possible for the Tribeca that you want. Then have the dealer use Subaru's current base lease money factor and residual value to calculate your vehicle's monthly payment. On the model that you are considering, a base '06 B9 Tribeca 5-Passenger, its buy rate lease money factor and residual value for a 36 month lease with 15,000 miles per year is currently .00070 and 57%, respectively. For a lease with 12,000 miles per year, the residual value would be 1% higher.

    Car_man
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  • In addition to chris_tx comments the benefits of leasing is that if you intend to keep a car for about 3 years or less, you can get into a car for a lower monthly payment compared to purchasing.

    If you use the car for business, there are definite tax advantages to leasing.

    Regarding a total loss (Accident or theft) most leases today include gap loss coverage. What this means if the car is totalled and your insurance company settlement is less than balance owed on the lease, the leasing company covers the difference.
  • damardamar Posts: 5
    In your deal you mention a '06 7 pass w/ nav besides the roof rack do you have any other options..?
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