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Last post on Dec 13, 2010 at 5:30 PM
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Saab 9-3, Car Leasing, Convertible, Sedan, Wagon
#430 of 559 2007 or 2008 lease
by spike1282
Nov 13, 2007 (10:43 am)
I would like to find out some info about leasing either a 2007 or 2008 Saab 9-3 Aero. I would like a short lease, either 24 or 27 months, with 10,000 miles a year. (I barely drive) Does anyone know what the residuals would be? I am not sure how much of a price difference the 2008 will be over the 2007.
I can also get GM Supplier pricing and am not sure how that is factored into a lease. Does the GM Supplier price become CAP?
Thanks!
#431 of 559 Re: 2007 or 2008 lease [spike1282]
by hintz
Nov 13, 2007 (9:36 pm)
You can't lease an 07 anymore only 08's.
#432 of 559 '08 9-3
by kmur
Nov 16, 2007 (2:18 am)
CarMan -
Wondering what the money factor/residuals are on a 9-3 2.0T, 27 months, 15k miles per year...
Also, same question, only 36 month lease.
thanks
#433 of 559 Factory to Dealer cash on a lease?
by kmur
Nov 18, 2007 (9:37 pm)
One other question.. I was at a dealer on Saturday who claimed the $2500 factory to dealer cash incentive does not apply to leases. Is this true?
#434 of 559 Question about current 9-3 lease
by squiredogs
Dec 04, 2007 (4:18 am)
I saw the "Fly Home" 9-3 lease offer of $312/mo 27 months, 27,000 miles with $2999 due. $19585 purchase price at lease end.That's for an '08 9-3 with manual and nothing else. I want to make a lease offer for a 9-3 with auto, cold weather, and moonroof that lists for $31,485, which is like $2200 more. How do I get a deal closer to the base?
In other words, what do ask for with respect to money factor and price? I understand it will be more, but I've read that I don't just walk up and ask for the lease at full MSRP, right?
So what is the money factor on the special offer lease, and can I ask for that rate from my dealer?
The $500 bonus cash can go toward my down payment, making it $2499 instead of $2999, correct?
I've never negotiated a lease before. Will I be able to ask for something like $500 over invoice, $2499 at signing including the $500 bonus, and the same money factor/residual. How much more does the lease end price go up, the full $2200?
Please help, I need to deal this month.
Thanks
Dan
#435 of 559 Re: Saab 2008 lease rates and residual values? [jpauto]
by Car_man HOST
Dec 04, 2007 (4:24 am)
Hi jpauto. Unfortunately, the $2,500 dealer cash that Saab is providing on the 2008 9-3 is not compatible with its special lease program. However, in mid-November Saab did introduce $500 bonus cash on this car that is compatible with it.
Car_man
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#436 of 559 Re: Car Man [sje3333]
by Car_man HOST
Dec 04, 2007 (4:40 am)
Hi Steve. Saab's current base lease rate and residual value for a 39 month lease of a 2008 9-3 with 15,000 miles per year are 4.35% and 56% respectively, just as you were quoted. Let's take a look at the selling price that you were quoted. It appears as though the dealer invoice price for a 2008 Saab 9-3 2.0T Sport Sedan with the Moon Roof and Cold Weather Packages is $28,647. When we subtract the $500 bonus cash that is available on this car right now from this we arrive at $28,147. I would aim for a selling price of right around this or perhaps slightly over. Saab is really not doing that well right now. If you are in an area that has a decent level of competition, you shouldn't have much trouble getting a capitalized cost that's pretty close to dealer invoice. The $350 doc fee is nothing more than a way for this dealer to add additional profit to your deal, but the Saab charges an acquisition fee on every vehicle that it leases.
Car_man
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#437 of 559 Re: R U Kidding me? [tolleyinpgh]
by Car_man HOST
Dec 04, 2007 (4:59 am)
Hello tolleyinpgh. I can tell you that there's no way that I would pay $600 a month for any Saab 9-3. If I was in the market for one, I personally would shoot for a selling price of right around dealer invoice minus the $500 bonus cash that Saab is currently providing on it and then have the dealer that I was working with use Saab's base lease rate of 4.5% to calculate my monthly payment. You can look up this car's dealer invoice price by visiting the New Vehicle Pricing section of Edmunds.com. That should result in a lower payment than the one that you were initially quoted.
Car_man
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Dec 04, 2007 (7:14 am)
Should I ask for the 4.5% and the 56% residual if I want the low mileage lease price? I'm not sure what the lease rate is for the special 27 month 27,000 mile offer they currently have. I used the Edmunds site to determin that the car is $31,485 like they said, and the invoice is 29,840 without the $500 bonus cash.
I want the 27mo/27,000 lease, but am not sure of the residual and money factor/interest of the "Fly Home " base offer. Or even if they can give me those terms toward a non-base model.
Sorry for all of the questions, but I can find the numbers, even in their fine print...
Thanks!
#439 of 559 Re: Hi Car Man [squiredogs]
by hintz
Dec 04, 2007 (4:42 pm)
The residual is 69% on the 27mos. lease program with 12k. per mos, and the money factor thru gmac is 4.35%, but dealers tend to mark it up to 4.85% to make some extra $$. There is some Saab websites out there with lots of info. Email me if you have any questions, I'm a current owner of 2 saabs.