Residual and interest rate question

jakabonyjakabony Member Posts: 5
edited January 2017 in Subaru
Hi, I'm looking to lease a 2017 Subaru Forester Premium with Eyesight, All weather and power liftgate. MSRP is about $27,900 here in the Pittsburgh PA area. I would like to factory order it from Subaru, so it has the exact accessories installed that I want. I'm being told by dealers that they cannot guarantee a monthly payment because the residual and interest rate could be different 6-8 weeks from the time it is ordered.

Is this true? How often do residuals and interest rates change? And when they change, how much do they change? Is there a way to estimate a monthly payment on a vehicle that is 6-8 weeks out?

12k mi/year, 36 mo lease.
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Answers

  • kyfdxkyfdx Moderator Posts: 269,186
    jakabony said:

    Hi, I'm looking to lease a 2017 Subaru Forester Premium with Eyesight, All weather and power liftgate. MSRP is about $27,900 here in the Pittsburgh PA area. I would like to factory order it from Subaru, so it has the exact accessories installed that I want. I'm being told by dealers that they cannot guarantee a monthly payment because the residual and interest rate could be different 6-8 weeks from the time it is ordered.

    Is this true? How often do residuals and interest rates change? And when they change, how much do they change? Is there a way to estimate a monthly payment on a vehicle that is 6-8 weeks out?

    12k mi/year, 36 mo lease.

    Subaru comes out with new programs monthly. They do not "lock" rates.
    They usually don't change a lot, but there are no guarantees.

    I'd find a car on the lot that I want.

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