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Prices Paid: Buying & Leasing Experiences Saab 9-3 Lease Questions
521 messages, Last post on Jul 09, 2008 at 12:41 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I am interested in a 9-3 2.0T that is the newspaper "loss-leader" ad. Here is the deal. Its the 5 spd base model. MSRP: 26,620 (25,900 plus 720 destination) Selling: 25,138 $ Down 1,914 Net Lease 23,864 (with 595 "lease fee") Rate 3.94 (Money factor .00164) term 24 mos Residual 18,900 (71%) Payment 279 + 21 tax DMV 227, Ca Tire 8.75, Tax/Misc 148.35 DriveOff 2,599 (includes down, misc fees and 1st payment) I like the base model car OK, is this a great or so-so deal? Thanks |
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Replying to: Car_man (Aug 31, 2005 5:14 pm) The facts are MSRP $42,165.00 Invoice $40357.00 Sales tax: .06 x $564.15 (your base payment) = $33.85 x 39 months = $1320.15 (Sales tax is ONLY paid on the part of the car you are buying, or 37% in this case This is where you actually save money!) Residual is .63 x $42,165.00 (MSRP) = $26,563.00 Interest is 6.84% used for the money factor Title and license is $349.50 (this is paid as part of your initial $947.50, which includes the first payment). Acquisition fee is $595.00 Security deposit is $0. Gap insurance is actually included in the lease but is paid by GMAC out of your first payment. Lease term 39 months, mileage allowed is 12,000 miles/year for 36,000 miles total over 39 months. Extra mileage is $.20 a mile. Monthly payment is trying to negotiate, but dealer says $598 Due at signing is $947.50 Thanks for any advice, thoughts or experiences from other people who recently leased a Saab Convertible. |
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I'm planning to lease a Saab '06 9-3 w/prem pkg, cold pkg, sun/moon roof, auto trans, metl paint within the next two weeks. Looking at 24 mo, 27 mo, and 36 mo leases w/ 12k mi/yr. Can you please tell me the residual values and money factors for each preiod and whether there are any special incentives for this period. I currently have a saab lease expiring at the end of Feb. Thanks! Steve
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Replying to: stevel13 (Jan 30, 2006 7:21 pm) I can't tell you for what that package will be, but I will give you my numbers. I just leased last week, Jan 25th. 2006 9-3 Aero 6 spd manual transmission Touring package Cold weather package Metallic paint Sticker: $34,915 Military pricing: $29,749 I got them to waive the $398 document fee. During the signing, I also noticed that they forgot to add in the tags and license fee. I noticed it, brought it to their attention, and did not put it back in. Saab now does not do the leasing. This just changed last week. All leases are through GMAC. No money factor, they now talk normal interest rate. Residual: $22,793.05 Interest Rate: 3.94% Downpayment: $2070.34 (incl 1st month payment, fees, etc.) Term: 24 Mos Mileage: 18k / year Payment: $361.57 / mo (incl the 3% NC tax) I hope this helps you. Jeff |
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Replying to: jworthington (Jan 31, 2006 7:39 pm)
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Replying to: rws0131 (Jan 31, 2006 8:16 pm) |
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Replying to: rws0131 (Jan 31, 2006 8:16 pm) |
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Replying to: jworthington (Jan 31, 2006 7:39 pm) You were able to lease off the military discount price? I was told three years ago that this was not possible by Saab Financial. If this is now doable, I may have to go snap up another Saab this month. Roy
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Replying to: rfthomas (Feb 07, 2006 11:38 am) Yep. I made sure of it by calling Lehman Saab in Mechanicsburg, PA as well as the dealerships in Wilmington and Raleigh, NC. I was a little sceptical, at first, but it worked out. Having said that...We bought a Volvo XC90 two years ago using the military sales program AND they credited time served deployed in Afghanistan and iraq to qualify for the "overseas delivery." They credited me the $2k for the trip and the price was unbeatable. When it was delivered to the port, the government charged import duties on it. Since the dealership told me, and in writing, that I would nave "no additional charges" they begrudgingly paid the $1700 import fee. I guess they just weren't that familar with the program. So, because of that experience, I was very careful about watching the numbers on this lease. I was happy to see they did honor it and I am very happy with the car. jeff
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