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Saab 9-3, Car Leasing, Convertible, Sedan, Wagon
#218 of 559 Re: 2006 Saab 9-3 to redrumkev [radioative2006]
Aug 11, 2006 (10:56 am)
You only pay sales tax on your use.
So if your payment is $400 plus tax, you will pay $400 + 8% of that, which is $32 for a total payment of $432.
In Michigan, with 6% sales tax you would take the same $400 base payment and add the tax, which would be $24 for a total payment of $424, only saving you $8 dollars or 2% a month.
You do not pay tax on the entire purchase price of the vehcile, only what you use. So if you have a purchase price of $30,000 and lease it with a .67 res, then you are "using" approximately 33% of the car, or about $10,000. So with your tax rate of 8% you will pay about $800 over the term of the lease, where as I would only pay 6% or $600.
If you buy the car out of state, ie come to Michigan, you will not pay tax here, instead you will have to pay the taxes in your own state, at YOUR STATES RATE of 8%.
For my motorcycle, I went to Ohio to purchase it, I did not pay tax there on, but when I came back to Michigan to register it, I had to pay the sales tax here. The only way to get around the tax would be to have an address in a state with lower tax and have your bills sent there. But you ever get an accident or have any problems, they might find out and cuase you some problems. So the $8 a month more on a $400 month payment are not worth the effort or chance that something could go wrong with paying the "out of state tax game". Not to mention the gas/time you will burn to drive to Michigan to get the car!
#219 of 559 Re: 2006 Saab 9-3 to redrumkev [redrumkev]
Aug 15, 2006 (8:11 am)
Thanks redrunkev, I went in this week to pick up the saab 93.
Here is the deal
MSRP = $32500 (Auto, Premium, Sunroof, Cold weather packages)
Selling price = $27100 ( Including the GM Employee discount and Dealer cash back of 2500)
Residual = 59%
12k per year
Including tax $425 per month
In Illinois the law is to pay taxes on the Selling price for all leases. I think this is the law for IL and TX.
Can any one confirm that I got the a decent deal ?
#220 of 559 Saab Conv 2.6
Aug 17, 2006 (4:59 pm)
Looking to lease a 2.6 conv...deal is 36 months 499.00 a month..nothing down..12,000 miles a year
How does this look?
It does include the prem. package
#221 of 559 Re: Saab Conv 2.6 [mikendeb]
Aug 22, 2006 (7:07 pm)
First time in my life trying to lease a car.
Dealer quoted me a price for a demo car as follows.
Saab 9-3 2.0T
Price = $24300
12000 miles/Yr and 27 months term.
Asking for $390 per month with $1800 (TTL + fees) as a down payment.
It sounds too much to me especially it has 7500 miles on it.
He used 5.34% GM rate and about 66% residual.
They seem desparate is getting rid of thie car.
What should be my good offer ( I want to put $0 down but he said in order to preserve interest rate I need to put down $800 atleast, I want 15000 miles/yr).
Any help here will be appreciated greatly.
#222 of 559 Help me get a saab 9-3 aero lease!
Aug 23, 2006 (11:35 am)
I'm also trying to lease a saab 9-3 aero. I have gotten quotes from $439 to $600. I saw a car advertised for $29,900 new. The dealer said for a lease they had to go off the msrp which is not true that I know of. The way I figure it is the car is $29900, the residual is $19,000 for a 36 month, wouldn't I be paying $10,000 over a three year period plus tax and interest? How are the dealers getting to these outrageous amounts with no money down? what am I doing wrong? Is the $3000 cash back good on a lease veichle? I live in Illinois so if someone got a lease deal with no money down in the $300's-$400's a month atfer now the employee pricing is over can you please tell me which dealship you bought it at?
#223 of 559 Re: Help me get a saab 9-3 aero lease! [noah2]
Aug 24, 2006 (12:38 pm)
Patrick Saab , Please see my post for details, I think its above
#224 of 559 Re: Help me get a saab 9-3 aero lease! [radioative2006]
Aug 24, 2006 (1:50 pm)
How long did you lease for? You did not trade any cars or put any money down correct? What is the $ amount for you residual? How was your experience there, are they upfront right away?
#225 of 559 Re: 2006 Saab 9-3 to redrumkev [radioative2006]
Aug 26, 2006 (11:24 pm)
hi also looking in chicago area for 9-3. Does Patrick saab
give the gsm to everyone and will they give me the 2500 off sticker? Do you recommend them?
#226 of 559 $435 15k miles 27 months $0 down - good deal?
Aug 29, 2006 (12:04 pm)
I need an urgent help here. Please reply soon, I will really appreciate it.
Lease: 2006 Saab 9-3 Auto with sunroof.
Total capitalized cost: $26750
Term: 27 months
Interest rate: 5.9%
Residual value: $18085.40
Down payment: $0
Payment: $435/month including 8.25% tax.
Can I do better?
I read above by Car_man that the rate used by GMAC for 9-3 is 3.94%. My dealer is using 5.9%.
#227 of 559 Re: $435 15k miles 27 months $0 down - good deal? [deallover05]
Aug 30, 2006 (11:39 am)
bad deal! stay away
IR s/b 3.94
residual s/b .71 which is 20,057
thte total cap cost s/b about 28250 less 1700 plus 2000
which is about 28550, then plug in the numbers above
which will get you a payment of about $395
the 28250 less 1700 is invoice and what the cars are leasing
at now or less. You should pay no more than 390 with nothing down, no money out the door.