- #402 of 546
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Re: GM Card On Lease [dhanley]
by Car_man HOST
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Sep 14, 2007 (2:32 am)
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Replying to: dhanley (Aug 06, 2007 5:16 pm)
Ahhh, thanks for the information dhanley. That's silly. I could see why the GM Card would have excluded Saturn models years ago when the brand was first launched and it refused to provide cash incentives on them, but now it has all sorts of incentives on Saturns. As far as Saab goes, perhaps GM is trying to distance it from the rest of its divisions to help maintain the image that it is an independent Swedish brand. Either way, the exclusion of these brands doesn't make much sense to me.
Car_man
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- #403 of 546
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Re: Saab lease [al2007]
by Car_man HOST
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Sep 14, 2007 (2:34 am)
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Replying to: al2007 (Aug 07, 2007 6:03 pm)
Hi al2007. Since you are new to leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
As far as this specific lease goes, you never mentioned the selling price of the 9-3 that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.
Car_man
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- #404 of 546
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Re: Feedback on Lease for 9-3 2.0 Wagon [ronsf]
by Car_man HOST
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Sep 14, 2007 (2:40 am)
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Replying to: ronsf (Aug 14, 2007 6:06 pm)
Hello ronsf. This selling price would definitely be high if you were paying cash for this vehicle, but it's not too bad for a lease because the $4,000 consumer cash incentive that is available on this model is not compatible with its special lease program. It is probably around $700 or so over dealer invoice. You may want to stop by the following discussion to see how much other community members have paid for similar models lately: "Saab 9-3 Prices Paid and Buying Experience". The lease rate that you were quoted for this car is right in line with this model's base lease rate.
Car_man
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- #405 of 546
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Re: Saab 9-3 lease [mahoba]
by Car_man HOST
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Sep 14, 2007 (2:42 am)
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Replying to: mahoba (Aug 15, 2007 8:46 am)
Hi mahoba. I don't know what Saab's specific policy on this matter is, but most banks allow dealers to mark-up their base lease rates and money factors to add additional hidden, back-end profit to deals. That is why it is important to make sure that the dealer you are working with is using the base rate to calculate your monthly payment.
Car_man
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- #406 of 546
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Re: Looking to get a 9-3 Lease [ddemayo]
by Car_man HOST
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Sep 14, 2007 (2:49 am)
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Replying to: ddemayo (Aug 15, 2007 8:21 pm)
Hi ddemayo. You are fortunate to be in an area where there is probably a number of Saab dealers. It would be in your best interest to comparison shop with a few of them. Also, since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
You never mentioned the selling price or MSRP of the 9-3 that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing what this vehicle's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.
Car_man
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- #407 of 546
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Re: Info Please - Residual and Interest on 2.0T Combi, July 07 [codydog1]
by Car_man HOST
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Sep 14, 2007 (2:52 am)
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Replying to: codydog1 (Aug 26, 2007 11:28 am)
Greetings codydog1. The following informative article will show you how to use the lease rate and residual value data that you have seen mentioned in this discussion to calculate a monthly lease payment: Calculate Your Own Lease Payment. Check it out and let me know if you have any questions.
Car_man
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- #408 of 546
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Re: Lease Details [soonerfan1]
by Car_man HOST
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Sep 14, 2007 (2:54 am)
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Replying to: soonerfan1 (Aug 27, 2007 9:58 am)
Hi soonerfan1. Thanks for taking the time to share the details of the lease that you negotiated with everyone. It looks like you got a good deal to me. I'm glad that you enjoyed your buying experience so much. Make sure to stop by the Edmunds.com Dealer Ratings & Reviews section to share your thoughts on this dealer with others. Enjoy your new ride!
Car_man
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- #409 of 546
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Re: 9-3 sport combi lease question... [uncjedi]
by Car_man HOST
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Sep 14, 2007 (3:08 am)
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Replying to: uncjedi (Aug 29, 2007 12:11 pm)
Hi uncjedi. Ideally, you would wait until you are less upside down on your Tahoe to get something new. If you absolutely cannot wait, it is important to get the lowest selling price that you can on the car that you are interested in. What is this car's MSRP? This is a useful number to know because it will show how much of a discount you are being given on this car. Let me know and I'll tell you what I think.
Saab's current base lease rate for the 2007 9-3 SportCombi is 3.5% with the payment of a security deposit at lease signing for both of the terms that you mentioned. Make sure that the dealer you are working with uses this rate to calculate your monthly payment.
Car_man
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- #410 of 546
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Re: 9-3 sport combi lease question... [uncjedi]
by Car_man HOST
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Sep 14, 2007 (3:13 am)
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Replying to: uncjedi (Aug 30, 2007 11:38 am)
Hey uncjedi. You can look up the exact dealer invoice price of the car that you are interested in by visiting the following section of this site: Edmunds.com New Vehicle Pricing. If I was in the market for a lease of a non-demo 9-3, I personally would shoot for a selling price of around $500 over invoice. I would need a price that's significantly below that to go with a demo. The problem that I have with demo vehicles is that dealers never seem to be willing to discount them enough for me to personally justify purchasing or leasing one over a similar brand new car.
Car_man
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- #411 of 546
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Re: Saab 9-3 Anniversary Lease [wokscott]
by Car_man HOST
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Sep 14, 2007 (3:37 am)
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Replying to: wokscott (Aug 30, 2007 10:26 pm)
Hi wokscott. The 2007 Saab 9-3 has a spread of around $1,500 between its MSRP and dealer invoice price. Saab is not currently providing any cash incentives on leases of this model. As a result, the $2,200 discount that you were quoted on this car looks very attractive to me. The lease rate that you were quoted is right in line with Saab's base rate for this model. This looks like a good deal. If you like the car, go for it.
Car_man
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