- #414 of 546
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Re: Advice on what to do with possible lease termination [eschule]
by Car_man HOST
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Sep 14, 2007 (3:48 am)
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Replying to: eschule (Sep 10, 2007 11:43 am)
Hi eschule. Saab is currently running an early lease termination program that you could use to get out of your lease early. Unfortunately though this program, if you are even eligible for it with ten payments left, only waived four months worth of payments. That means that you would still have to waste six of your remaining payments to get out of your car right now. It sounds like you waited too long to get new brake pads and may not have to replace the rotors, which is obviously very expensive. Unfortunately, I personally don't see any way for you to avoid having to pay to fix this.
Car_man
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- #415 of 546
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Re: Advice on what to do with possible lease termination [Car_man]
by bluebird23
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Sep 14, 2007 (11:12 am)
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Replying to: Car_man (Sep 14, 2007 3:48 am)
Hi Car_man,
Can you tell me where I can find more details on the Saab early lease termination? Is this only when you purchase/lease another Saab? Or does it apply to any new GM lease or purchase?
Thanks!
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- #416 of 546
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Re: What are rate and residual for 9-3 Base sedan with auto? [Car_man]
by saablcp
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Sep 14, 2007 (11:51 am)
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Replying to: Car_man (Sep 14, 2007 3:41 am)
Just keep one thing in mind car_man...even though the two point mark-up by the dealer is more often than not done to earn finance profit,GMAC will approve applications which SFSC would have rejected if there are credit issues by accepting the contract with a MANDATORY two point increase to the standard rate.I don't know that this is the case in regard to this person but is a possible explanation.
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- #417 of 546
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Re: Advice on what to do with possible lease termination [eschule]
by colloquor
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Sep 14, 2007 (1:23 pm)
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Replying to: eschule (Sep 10, 2007 11:43 am)
Most DIY folks can do that job, using new Brembo (better than the OEMs) rotors, for less than $250. It's an easy job - I would suggest you get out your wrenches.
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- #418 of 546
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Re: What are rate and residual for 9-3 Base sedan with auto? [Car_man]
by confused13
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Sep 14, 2007 (7:29 pm)
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Replying to: Car_man (Sep 14, 2007 3:41 am)
Thanks Carman. This dealer said he would "give me" his "buy rate" of 4.35%. He also tried to tell me that the difference between invoice price and MSRP on this vehicle was only $600! Their price was about $1000 high. I walked.
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- #419 of 546
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Re: What are rate and residual for 9-3 Base sedan with auto? [saablcp]
by confused13
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Sep 14, 2007 (7:35 pm)
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Replying to: saablcp (Sep 14, 2007 11:51 am)
Not the case. I have very good credit score.
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- #420 of 546
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Re: Advice on what to do with possible lease termination [bluebird23]
by Car_man HOST
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Sep 17, 2007 (1:08 am)
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Replying to: bluebird23 (Sep 14, 2007 11:12 am)
Hi bluebird23. I'm not aware of any place on the web that contains information on the early lease termination program, but it definitely exists. I am not 100% positive, but I believe that you would be able to get out of your current Saab early if you purchase or lease any other GM vehicle, not just a new Saab.
Car_man
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- #421 of 546
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Re: What are rate and residual for 9-3 Base sedan with auto? [confused13]
by saablcp
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Sep 18, 2007 (11:16 am)
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Replying to: confused13 (Sep 14, 2007 7:35 pm)
Then your dealer is simply trying to maximize the profit in the deal by upping the back-end finance reserve. Those extra two points of interest are simply a source of dealer profit that the average consumer would have no way of tracking.I suggest you ask for an explanation.If they don't agree to revert to the standard lease rate take your business elsewhere.
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- #422 of 546
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Re: Advice on what to do with possible lease termination [Car_man]
by saablcp
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Sep 18, 2007 (11:18 am)
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Replying to: Car_man (Sep 17, 2007 1:08 am)
It does apply to other GM vehicles.Maximum payments currently forgiven is 2 months....anything in excess of 2 months is simply rolled into the next lease or paid off lump sum by the lessee.
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- #423 of 546
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Almost Done with a Deal on 9-3 Aero Combi
by adamz33
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Sep 25, 2007 (2:29 pm)
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So I decided today to move ahead with the lease on an 07 Saab 9-3 Aero Sport Combi. Filled out the paperwork this AM, gave the dealer a deposit, supposed to pick the car up Thursday. About an hour ago I get a call from the dealer asking if I have another car loan - I said yes (had it since 2003, its set to mature next year, though I am on track to pay it off early). Original loan balance was around $28k, and I am down to a balance owed of $6700.00. I also have a current lease with VW Credit (made by last payment already, car goes back next week). I've never had a late payment on either the current loan or lease, and my credit is just under 700. Anyway, the dealer tells me now that GMAC wants the current loan paid off in full first - huh? He said the finance mgr at the dealership would speak to them in the morning, but given my payment history on the loan and lease, I can't see why they would need this. Any advice?
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