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Prices Paid: Buying & Leasing Experiences Suzuki XL-7 Prices Paid and Buying Experience
30 messages, Last post on Nov 27, 2007 at 4:02 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I did not see a seperate Lease Questions section for the XL-7, so I'm requesting it here. A couple dealers here in the Chicago area said that Suzuki Financial is offering a "balloon" lease on 2007 XL-7. The way it was explained to me seemed very much like the old GM SmartBuy program. Could anyone please provide any insight on this program? Thx.
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Replying to: dashbb (Feb 09, 2007 11:55 am) You'll want to look at the contract for details on turning the car back in, possible end of contract charges, etc... Usually, they push balloon notes in states where the tax laws make leasing disadvantageous... Where do you live?
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Replying to: kyfdx (Feb 09, 2007 11:59 am) Unless you have a business tax deduction, it does not make much sense to lease in Illinois.
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Replying to: dashbb (Feb 09, 2007 10:31 pm) Unless there is some kind of promotion, you'll usually do better with a straight purchase.. The interest rates on balloon notes is usually fairly high. regards, kyfdx |
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Tell us about your deal!
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Replying to: seloo (Aug 09, 2007 2:26 pm) |
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I bought a 2007 Suzuki XL7 Luxury AWD with Sunroof on Oct. 30 for my wife, from Prestige Suzuki in Asheville NC. I got if for $22,900 - $1,000 Owners loyalty - Trade in. Thats around $4,700 under MSRP not including the owners loyalty plus they gave me a bit more than KBB value for my trade. To follow the forum rules I cant post the salesman name but if someone wants it, let me know. I have a dealer 10 minutes away from me and I prefered to do business with Prestige wich although is 5 hours away they delivered and took the trade in. My wife loves her new XL7, powerful engine, nice comfy leather seats, sunroof, AWD and all the safety features it includes plus the 7yr/100k warranty. I want to thank all the automotive reporter that negatively criticized this vehicle, without them I would have never gotten it at this price. I paid $22,500 for my base Explorer 11 years ago!!! I am a car enthusiast and I really recomend this SUV for the money. Edit: I financed with my credit union, no weird balloon financing contracts here.    
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Replying to: goaterguy (Nov 07, 2007 6:02 am) MRSP: Invoice Price: Rebates: (The web site shows $3500 in rebates for a 07) Extra fees (doc fee, prep, etc...): Price Paid before TTL: Thanks |
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Sure: MRSP: $26,999 + 650 freight = $27,649 (you can get this price from Suzukiauto.com) Invoice Price: $26,569 Rebates: $2,500 cash - $1,000 owners loyalty -2,249 negotiated discount (Actually the web site shows $2,750 + 1,000 owners loyalty in rebates for a 07 in November) Extra fees (doc fee, prep, etc...): $169 Price Paid before TTL: $21,900 + $169 - Trade Hope this helps. Like I said maybe November will get you $250 more because of the rebates. If you want the name of the salesman give me an email address.
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Replying to: goaterguy (Nov 08, 2007 5:35 am) Please reconfirm the option package. This is what Edmunds shows for a 07 AWD Luxury: (I could not find 07 prices on the web site) 07 MSRP: 26,849 with shipping Invoice: 25,801 $26,849 - 22,069 = $4780 ($3500 in rebates and $1280 discount) Roughly, $3780 below invoice. Do you have a copy of the car's window sticker and invoice from the dealer? Thanks
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