2016 Subaru Forester Lease Questions

mardou16

Can I please get the numbers for a Forester 2.0xt touring in NY, 10,000/36. Thanks!.

Michaell

mardou16 said:

Can I please get the numbers for a Forester 2.0xt touring in NY, 10,000/36. Thanks!.

59% and .00050

mardou16

Thanks! Sorry forgot to ask, any dealer incentives?

kyfdx

mardou16 said:

Thanks! Sorry forgot to ask, any dealer incentives?

None that we know of.

quinz

Is the base MF the same per trim on the forester regardless of packages or does the base MF change depending on the packages applied? Also how are you able to get the base MF information every month?

sm13579

Are December numbers out yet? If so, can I get the numbers for an XT premium 36m/12k in CA?

Thanks!

jalocke

Hi, looking for December lease numbers for a Limited 2.5i Forester, 36 months and both 10,000 and 12,000 miles. I live in Massachusetts.

Thanks!

kyfdx

quinz said:

Is the base MF the same per trim on the forester regardless of packages or does the base MF change depending on the packages applied? Also how are you able to get the base MF information every month?

It's the same per trim... packages don't affect it (at least right now).

We have a guy..

kyfdx

sm13579 said:

Are December numbers out yet? If so, can I get the numbers for an XT premium 36m/12k in CA?

Thanks!

.00100 MF and 63% residual

kyfdx

jalocke said:

Hi, looking for December lease numbers for a Limited 2.5i Forester, 36 months and both 10,000 and 12,000 miles. I live in Massachusetts.

Thanks!

.00075 MF and 62%/61% residual

traplake

Our Forester ordered in October is due to arrive this month. Looking for the MF and residual on a limited, 36 month, 15,000 mile/year lease. Thanks in advance.

traplake

Oops. Made a mistake in the above request for info. 2016 Forester PREMIUM 36 mo, 15000miles/year, state of Michigan. Need the MF and residual. Thanks.

Michaell

traplake said:

Oops. Made a mistake in the above request for info. 2016 Forester PREMIUM 36 mo, 15000miles/year, state of Michigan. Need the MF and residual. Thanks.

61% and .00100, assuming CVT

blkmnny

Hi, Do you have the new numbers for 2016 subaru forester touring with eyesight/nav? 36 months, 12k year. Thanks.

Michaell

blkmnny said:

Hi, Do you have the new numbers for 2016 subaru forester touring with eyesight/nav? 36 months, 12k year. Thanks.

Non-Turbo?

60% and .00070

blkmnny

I am sorry... it is the 2.5i for new york

Michaell

blkmnny said:

I am sorry... it is the 2.5i for new york

That's what I assumed ... the numbers above are the right ones.

velosport

Hello - Would love to get residual and MF for 2016 Forester 2.5i with CVT in Florida for 36 month, 12k a year. Very much appreciated!

kyfdx

velosport said:

Hello - Would love to get residual and MF for 2016 Forester 2.5i with CVT in Florida for 36 month, 12k a year. Very much appreciated!

.00140 MF and 65% residual for base model.

smyphdc

Hi, looking for December lease numbers for a Limited 2.5 Premium CVT Forester, 36 and 12,000 miles in VA and MD.

Thanks!

Michaell

smyphdc said:

Hi, looking for December lease numbers for a Limited 2.5 Premium CVT Forester, 36 and 12,000 miles in VA and MD.

Thanks!

Premium - 63% and .00100
Limited - 61% and .00075

tparks1978

hello, would you happen to have the residual and MF for a forester limited on a 12k a year 36 mo lease?

Michaell

tparks1978 said:

hello, would you happen to have the residual and MF for a forester limited on a 12k a year 36 mo lease?

61% and .00075.

jesse_car

Can I have the 36/10k residual and MF for a 2016 Forester XT Premium in NJ? Thanks!

kyfdx

jesse_car said:

Can I have the 36/10k residual and MF for a 2016 Forester XT Premium in NJ? Thanks!

.00100 MF and 64% residual

ffswhyme

Can I get the 36/10k residual and MF for a 2016 Forester XT Premium in CO (80209)? Thanks

Dealer is quoting me a $305 + tax payment which seems a bit high given that he's also telling me that the selling price is $26.6k + $500 dealer fee. MSRP of $30,949.

kyfdx

ffswhyme said:

Can I get the 36/10k residual and MF for a 2016 Forester XT Premium in CO (80209)? Thanks

Dealer is quoting me a $305 + tax payment which seems a bit high given that he's also telling me that the selling price is $26.6k + $500 dealer fee. MSRP of $30,949.

.00100 MF and 64% residual

Adding the dealer fee and $595 acq.fee, I get $267/mo.+tax.

Ask for the Adjusted CAP cost, and compare that to the selling price numbers he is giving you.

Also, ask what money factor they are using, as they can mark that up by .00050 for extra profit.

mwfromva75_

Virginia
2.5 Premium
2.0XT Premium

36/12k
MF and RV (incentives?)

Thanks in advance!

kyfdx

mwfromva75_ said:

Virginia
2.5 Premium
2.0XT Premium

36/12k
MF and RV (incentives?)

Thanks in advance!

.00100 MF and 63% residual for either model.

No incentives that we are aware of.

montymonty

hey can I get numbers on a XT Touring 36/12k?  MF and residual?  thank you!

montymonty

sorry, area is southern cali

Michaell

montymonty said:

hey can I get numbers on a XT Touring 36/12k?  MF and residual?  thank you!

58% and .00050

endmuds

What is the residual value and MF on 2016 Forester 2.5i Premium CVT with All-Weather, EyeSight, for a 36mo/12k lease? 10k? 15k? State is CO (Colorado).

Michaell

endmuds said:

What is the residual value and MF on 2016 Forester 2.5i Premium CVT with All-Weather, EyeSight, for a 36mo/12k lease? 10k? 15k? State is CO (Colorado).

61% and .00100 for 36/15. Add 2% for 12K or 3% for 10K

endmuds

Michaell said:

What is the residual value and MF on 2016 Forester 2.5i Premium CVT with All-Weather, EyeSight, for a 36mo/12k lease? 10k? 15k? State is CO (Colorado).

61% and .00100 for 36/15. Add 2% for 12K or 3% for 10K

Great, thanks. Can you clarify what is needed in order to get these rates? I have pretty good credit, 730/850 or so says the report they ran. Very close to making a purchase and they're quoting me $329/mo after $2000 down on the 36mo/12k. I don't think they're using these values.

Michaell

endmuds said:

Michaell said:

What is the residual value and MF on 2016 Forester 2.5i Premium CVT with All-Weather, EyeSight, for a 36mo/12k lease? 10k? 15k? State is CO (Colorado).

61% and .00100 for 36/15. Add 2% for 12K or 3% for 10K

Great, thanks. Can you clarify what is needed in order to get these rates? I have pretty good credit, 730/850 or so says the report they ran. Very close to making a purchase and they're quoting me $329/mo after $2000 down on the 36mo/12k. I don't think they're using these values.

 Those numbers should get you talk to your credit and the base rates that I've quoted. Just let the dealer know that you will not signed a deal with an inflated money factor. 

endmuds

Michaell said:

endmuds said:

Michaell said:

What is the residual value and MF on 2016 Forester 2.5i Premium CVT with All-Weather, EyeSight, for a 36mo/12k lease? 10k? 15k? State is CO (Colorado).

61% and .00100 for 36/15. Add 2% for 12K or 3% for 10K

Great, thanks. Can you clarify what is needed in order to get these rates? I have pretty good credit, 730/850 or so says the report they ran. Very close to making a purchase and they're quoting me $329/mo after $2000 down on the 36mo/12k. I don't think they're using these values.

 Those numbers should get you talk to your credit and the base rates that I've quoted. Just let the dealer know that you will not signed a deal with an inflated money factor. 

Yeah, they had it at .0015 and explained that they could move it to .001, but only if I agreed to pay the difference between the two MFs toward some Subaru servicing fee (can't remember the name) that allowed me to synth oil changes and other recommended services for free. LOL sounds fine to me.

I found out most of it was due to them completely dropping the ball and accidentally adding $2,500 to my quoted sales price. Gee whiz, I'm glad I took the time out to calculate every part of the lease myself down to the cent.

Ended up with $280/mo for 36mo/12k lease with a total of $2280 down, all of this is after tax. This was for a 2.5i Premium with All-Weather and EyeSight and the Navigation. MSRP $29,444, sales price $25,200 before taxes and dealer's fee and lease agreement. I think it was a good price :-) thanks Michaell!

endmuds

2016 Forester 2.5i Premium in CO? residual value and % for 36mo/12k mi? :-)

Michaell

endmuds said:

2016 Forester 2.5i Premium in CO? residual value and % for 36mo/12k mi? :-)

63% and .00100

jalocke

endmuds said:

Michaell said:

endmuds said:

Michaell said:

endmuds said:

What is the residual value and MF on 2016 Forester 2.5i Premium CVT with All-Weather, EyeSight, for a 36mo/12k lease? 10k? 15k? State is CO (Colorado).

61% and .00100 for 36/15. Add 2% for 12K or 3% for 10K

Great, thanks. Can you clarify what is needed in order to get these rates? I have pretty good credit, 730/850 or so says the report they ran. Very close to making a purchase and they're quoting me $329/mo after $2000 down on the 36mo/12k. I don't think they're using these values.

 Those numbers should get you talk to your credit and the base rates that I've quoted. Just let the dealer know that you will not signed a deal with an inflated money factor. 

Yeah, they had it at .0015 and explained that they could move it to .001, but only if I agreed to pay the difference between the two MFs toward some Subaru servicing fee (can't remember the name) that allowed me to synth oil changes and other recommended services for free. LOL sounds fine to me.

I found out most of it was due to them completely dropping the ball and accidentally adding $2,500 to my quoted sales price. Gee whiz, I'm glad I took the time out to calculate every part of the lease myself down to the cent.

Ended up with $280/mo for 36mo/12k lease with a total of $2280 down, all of this is after tax. This was for a 2.5i Premium with All-Weather and EyeSight and the Navigation. MSRP $29,444, sales price $25,200 before taxes and dealer's fee and lease agreement. I think it was a good price :-) thanks Michaell!




Same thing happened to me a few days ago at Metrowest Subaru in Natick, MA. I had negotiated the sales price a few weeks earlier for a car in transit, and decided to lease. They quoted me a monthly lease payment based on .00125 MF rather than .00075 that was posted on this site. I was unaware of this until I went in a few days ago to sign the papers (this was my mistake, but looking back, another dealer quoted me a lease payment using the lower rate, so I'm not happy with the dealership ;'{-either).

When I was signing papers the finance guy said that the dealership includes a "complimentary" Simoniz Glasscoat and teflon with lifetime warranty, which I was wary of. Then, I saw that they did actually use the .00075 rate in the paperwork but upped the sales price by $800 to get the monthly lease payments to what they had initially quoted me. When I brought this up, the finance guy told me the price difference is for the Glasscoat, and that Subaru of New England only gives the money factor discount if the Simoniz is included. I'm 95% sure this is BS.

Long story short, I signed the paperwork. My wife was getting impatient about the car and the dealer's offer was $600 less than any other dealer for the similar model. After getting home, I looked up the Simoniz glasscoat and warranty online and it actually looks like a decent product, for around $400, but I would never pay $800 for it again. In the end of the day, I wouldn't have gotten a better deal at another dealership, but I definitely didn't get the deal I thought I was getting. This was a good learning experience for me, I will make sure I do all calculations for money factor beforehand, and additionally I will not be going back to Metrowest Subaru. There are too many dealerships out there that don't mess with the money factor, and I have a bad taste in my mouth after this.

endmuds

jalocke said:

Long story short, I signed the paperwork. My wife was getting impatient about the car and the dealer's offer was $600 less than any other dealer for the similar model. After getting home, I looked up the Simoniz glasscoat and warranty online and it actually looks like a decent product, for around $400, but I would never pay $800 for it again. In the end of the day, I wouldn't have gotten a better deal at another dealership, but I definitely didn't get the deal I thought I was getting. This was a good learning experience for me, I will make sure I do all calculations for money factor beforehand, and additionally I will not be going back to Metrowest Subaru. There are too many dealerships out there that don't mess with the money factor, and I have a bad taste in my mouth after this.

Sorry to hear that, that's total crap. If you were the dealer, why wouldn't you do that, though? I guess if you negotiate a good sales price, it is hard to walk out the door having retained your savings unless you are outright purchasing the car or financing a loan. There are too many last-resort factors that can be changed in the lease agreement that allow profit to come back to the dealer... even if it is such a pathetic method as forcing the purchase of other accessories or services at a significantly marked up price. Bad taste for sure, but at least you can wash it out with knowing you have the car you want and hoping the few hundred in savings you lost won't end up killing you.

Yeah I said the added on maintenance service seemed like a good idea to reduce money factor from 0.0015 to 0.001, but this was just a 2yr/24k maintenance plan from Subaru for services every 6k miles... and it was sold at $1,800. Just a tad bit high. Went back today after realizing what had actually gone down and learned that $1,800 is a non-negotiable price, and knowingly marked up to account for dealer losses on lowering the money factor, and is in all-likelihood arbitrarily set by the finance manager to make up for any losses in profit elsewhere. Was able to get it extended to 3yr/36k every 6k miles, so eat that Mr. Salesman >:P

Doesn't matter if you were told by the finance manager that a maintenance plan had to be added to reduce the money factor and that their hands were tied, and that if added the maintenance plan's net effect wouldn't make any meaningful difference to total cost payed out over the lease so you may as well get practically free maintenance -- people make honest and careless mistakes all the time doing things they do every day in order to earn a living! You know this dealership has the highest level of integrity and doesn't try to cheat you because none of the persons employed by the dealership could possibly have any interest in -gasp- making a p-p-profit as nobody earns any commissions on sales (bonuses are NOT commissions on sales, they're bonuses, what don't you understand?). And you know nothing fishy or underhanded was being done or would be done as various employees repeatedly assured you and acted hurt that you would not fully trust them, and how everyone was working from the bottom of their heart to do you good**, even so you shouldn't have let your guard down and accepted the finance manager's assertion that this page could be skimmed over since we just discussed all terms of the leasing fees and both understand it. As the customer it is your responsibility to never fault or make a mistake and always be correct in what you are proposing or accepting, and instead have made sure to read every line of the lease agreement just in the rare case we were ethically questionable in our efforts to ensure you understood what you were signing and in our efforts to ensure we weren't misleading you with false statements, sorry bud.

** like the time it took 2 discussions with the manager to get the sales price down to $200 above the price already quoted in the TrueCar agreement printed last night --- or the time that the sales price before dealer's fees was agreed upon to $2,000+ below the invoice pricing, it was absolutely a mistake that the sales price used to find the monthly payments was $2,700 above that agreed upon price... leases are just so hard to calculate you know... lemme just change the car price again and refresh... wait let me refresh again... sorry about that, you know how those pesky maths are, always getting in the way of things...

Just a tad bitter about it, if you noticed. Still ended up being a good deal ++ to a learning experience, though not a very nice one I'd name the dealership, but I'd like to think that you are as likely to get this experience elsewhere, and any underhanded behaviors are a product of the business model of car dealerships rather than a reflection on the character of the people working there. Would be delighted to be wrong here though. Blah, blah, blah...

Why doesn't a dealership that sells cars at cost, but add the same dealer's fee to each one, and not engage in providing maintenance or repairs... exist? #disruptive dealer business model #scalable if you #takeoutthemiddleman and operate as an automated dealershipsite requiring customers accept a delivery of their car, and provide customer service by redirecting to service centers / national manufacturers / financial institutions in charge of lease terms. For real, though.

ursus

endmuds said:

...Was able to get it extended to 3yr/36k every 6k miles, so eat that Mr. Salesman >:P
...

Sorry, not sure why you are happy with this "deal". 6K miles service includes oil change + tire rotation only. If you do it at Subaru - the cost (with synthetic oil) is around $95. You will have 4 services before hitting major 30K service for which you'll have to pay around $650. Then you may have another 6K service, if you hit 36K miles, but then you'd most likely be turning your car in at the lease end. So why bother with that service at all? You are overpaying ~$1,400 ($1,800 - (4 x $95)), or almost $40/month for something that you don't even have to do at Subaru.

endmuds said:

... leases are just so hard to calculate you know... lemme just change the car price again and refresh... wait let me refresh again... sorry about that, you know how those pesky maths are, always getting in the way of things...

It's not hard at all to calculate lease payments. Google "car lease calculator" and plug in residual and MF numbers provided here. Play with the different scenarios - sales price, cap cost reduction, tax/fees included/not included, etc. You can then go to the dealership knowing your monthly payments to a cent. My VW dealer still remembers how I calculated lease price to 2 cents in front of him using calculator only and numbers I had. BTW - most sales people don't even know how to calculate lease payments - finance guys do.

jalocke

endmuds said:

jalocke said:

Long story short, I signed the paperwork. My wife was getting impatient about the car and the dealer's offer was $600 less than any other dealer for the similar model. After getting home, I looked up the Simoniz glasscoat and warranty online and it actually looks like a decent product, for around $400, but I would never pay $800 for it again. In the end of the day, I wouldn't have gotten a better deal at another dealership, but I definitely didn't get the deal I thought I was getting. This was a good learning experience for me, I will make sure I do all calculations for money factor beforehand, and additionally I will not be going back to Metrowest Subaru. There are too many dealerships out there that don't mess with the money factor, and I have a bad taste in my mouth after this.

Sorry to hear that, that's total crap. If you were the dealer, why wouldn't you do that, though? I guess if you negotiate a good sales price, it is hard to walk out the door having retained your savings unless you are outright purchasing the car or financing a loan. There are too many last-resort factors that can be changed in the lease agreement that allow profit to come back to the dealer... even if it is such a pathetic method as forcing the purchase of other accessories or services at a significantly marked up price. Bad taste for sure, but at least you can wash it out with knowing you have the car you want and hoping the few hundred in savings you lost won't end up killing you.

Yeah I said the added on maintenance service seemed like a good idea to reduce money factor from 0.0015 to 0.001, but this was just a 2yr/24k maintenance plan from Subaru for services every 6k miles... and it was sold at $1,800. Just a tad bit high. Went back today after realizing what had actually gone down and learned that $1,800 is a non-negotiable price, and knowingly marked up to account for dealer losses on lowering the money factor, and is in all-likelihood arbitrarily set by the finance manager to make up for any losses in profit elsewhere. Was able to get it extended to 3yr/36k every 6k miles, so eat that Mr. Salesman >:P

Doesn't matter if you were told by the finance manager that a maintenance plan had to be added to reduce the money factor and that their hands were tied, and that if added the maintenance plan's net effect wouldn't make any meaningful difference to total cost payed out over the lease so you may as well get practically free maintenance -- people make honest and careless mistakes all the time doing things they do every day in order to earn a living! You know this dealership has the highest level of integrity and doesn't try to cheat you because none of the persons employed by the dealership could possibly have any interest in -gasp- making a p-p-profit as nobody earns any commissions on sales (bonuses are NOT commissions on sales, they're bonuses, what don't you understand?). And you know nothing fishy or underhanded was being done or would be done as various employees repeatedly assured you and acted hurt that you would not fully trust them, and how everyone was working from the bottom of their heart to do you good**, even so you shouldn't have let your guard down and accepted the finance manager's assertion that this page could be skimmed over since we just discussed all terms of the leasing fees and both understand it. As the customer it is your responsibility to never fault or make a mistake and always be correct in what you are proposing or accepting, and instead have made sure to read every line of the lease agreement just in the rare case we were ethically questionable in our efforts to ensure you understood what you were signing and in our efforts to ensure we weren't misleading you with false statements, sorry bud.

** like the time it took 2 discussions with the manager to get the sales price down to $200 above the price already quoted in the TrueCar agreement printed last night --- or the time that the sales price before dealer's fees was agreed upon to $2,000+ below the invoice pricing, it was absolutely a mistake that the sales price used to find the monthly payments was $2,700 above that agreed upon price... leases are just so hard to calculate you know... lemme just change the car price again and refresh... wait let me refresh again... sorry about that, you know how those pesky maths are, always getting in the way of things...

Just a tad bitter about it, if you noticed. Still ended up being a good deal ++ to a learning experience, though not a very nice one I'd name the dealership, but I'd like to think that you are as likely to get this experience elsewhere, and any underhanded behaviors are a product of the business model of car dealerships rather than a reflection on the character of the people working there. Would be delighted to be wrong here though. Blah, blah, blah...

Why doesn't a dealership that sells cars at cost, but add the same dealer's fee to each one, and not engage in providing maintenance or repairs... exist? #disruptive dealer business model #scalable if you #takeoutthemiddleman and operate as an automated dealershipsite requiring customers accept a delivery of their car, and provide customer service by redirecting to service centers / national manufacturers / financial institutions in charge of lease terms. For real, though.

Thanks for following up, glad you were able to extend the maintenance plan. I had a long call today with the general sales manager at the dealer that I am getting the car from, over a few issues I've had, not just but definitely including the money factor issues. Seems like a decent guy. He told me that they do the Simoniz for all leased cars, and the reason they offer a lower initial sales price is because they inflate the money factor, I'm guessing this specific dealership makes a little more off leases than on purchases. All dealerships have different profit structures so I wasn't going to question him about it anymore. Just talking to him and the finance guy I dealt with, I honestly don't think these guys ever get pushed hard on this. While I'm still not thrilled about the dealership's policy, I feel a little better about the situation after talking to him. As I mentioned before, Simoniz Glasscoat seems to be a decent product that I would have considered for $400 or so. Reading some forums I guess the dealer cost is $300 due to the third party warranty. So they got me for $400, not the end of the world. All things considered, even if I walked from the deal I wasn't going to get much better elsewhere in the region, and at least these guys are 5 miles away from my house.

Also, FYI next time I buy a Subaru I'm buying out of New England. For some reason the discounts in New England are much lower than other areas (I've browsed a few forums and this seems to be the case for everyone). After all this funny business, we still got the car for $700 below invoice, which was the best I could get in MA, but I know if we purchased out of the region we could have gotten it for more like 2K below invoice. Unfortunately, we were in a rush to get a car and couldn't custom order. Next time I plan on custom ordering.

bweaves

Do you happen to have the new January rates for a 16 Forester XT Premium 36 months/36k miles? 

PF_Flyer

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Michaell

bweaves said:

Do you happen to have the new January rates for a 16 Forester XT Premium 36 months/36k miles? 

62% and .00085 for 36/12

robdmb18

Does anyone know what the numbers would be a Forester XT Touring 36 months/15k miles (intend to put $0 down). I'd be open to 33 or 39 month lease if the numbers are better. Thanks.

Michaell

robdmb18 said:

Does anyone know what the numbers would be a Forester XT Touring 36 months/15k miles (intend to put $0 down). I'd be open to 33 or 39 month lease if the numbers are better. Thanks.

56% and .00055 for 36/15.

55% and .00080 for 39/15.

No 33 month numbers for Subaru.

fbraz19

Could I get the Residual and MF on 2016 Forester XT Touring with Eyesight/Nav in CA. Bay area specifically?

I have some numbers from a local dealer and want to make sure I'm not missing anything.

Michaell

fbraz19 said:

Could I get the Residual and MF on 2016 Forester XT Touring with Eyesight/Nav in CA. Bay area specifically?

I have some numbers from a local dealer and want to make sure I'm not missing anything.

What lease term and how many miles per year?