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Saab 9-5 Lease Questions

75 messages,  Last post on Jul 11, 2008 at 1:58 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Saab 9-5, Car Leasing, Sedan, Wagon


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#5 of 75
Re: 9-5 Aero by Car_man HOST
Sep 13, 2005 (3:22 am)
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Hi lmiller. The 2005 Saab 9-5 still qualifies for General Motors' employee pricing program, so the selling price that you saw quoted for it last month is probably still about the same. GM is currently providing $3,000 lease cash on all 2005 9-5 models. If you were to lease a 2005 Saab 9-5 Aero Sedan through Saab Financial Services Corp. right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00132 and 44%, respectively.
 
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#6 of 75
Re: Leasing an Arc SportWagon [Car_man] by zoozeek
Sep 14, 2005 (8:56 am)
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Replying to: Car_man (Sep 11, 2005 4:07 am)

Car_man,
 
Thanks very, very much. I conveyed somewhat vaguely a counter-offer to the salesman, but he said that he can "match" the national ad. Anyhow, I thought I'd just send him a specific offer:
 
24mo/12k miles/gap insurance included
$0 drive-out
$480/mo, taxes included
 
However, I'm just a bit confused about the $595 acquisition fee and $283 DMV fee. Are these negotiable? Must I pay them upfront? Are they in addition to the down payment and monthly payments, or are they included in these figures? Is it realistic to get this car for $11,000 total outlay over 2 years, and if now, what is the realistic amount?
 
Thanks greatly for your help.
#7 of 75
Re: Leasing an Arc SportWagon [Car_man] by zoozeek
Sep 17, 2005 (3:10 pm)
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Replying to: Car_man (Sep 11, 2005 4:07 am)

I neglected to ask:
 
How did you find the SFSC money factor? Is this published information? Is it negotiable? Can a dealership charge a higher rate than .00137? Finally, the car is being sold for $29,311 without negotiations, but the lease net price is $31,311 without negotiation. What is the correct sales price to use for calculating the depreciation?
 
Thanks greatly,
zoozeek
#8 of 75
Re: Re: Leasing an Arc SportWagon by Car_man HOST
Sep 21, 2005 (3:07 am)
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You're very welcome zoozeek. Saab Financial Services Corp. charges an acquisition fee of $595 on all leases. Individual dealers do not have the authority to waive this charge. I am not sure what sort of charge is appropriate for the registration of your vehicle in your state though. Neither of these charges would be included in the down payment of any advertised lease. I can't tell you what the total cost of your lease of this car would be without knowing its full MSRP and an approximate selling price for it.
 
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#9 of 75
Re: Re: Leasing an Arc SportWagon by Car_man HOST
Sep 21, 2005 (3:09 am)
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Zoozeek, I am not aware of any source that provides information on banks' buy rate lease money factors and residual values to the general public. Dealerships cannot lower banks' published residual values, but they usually are allowed to mark them up a little bit to add additional back-end profit to deals. Vehicles' residual values are always based upon a percentage of their full MSRPs including destination charges.
 
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#10 of 75
Re: Re: Leasing an Arc SportWagon [Car_man] by zoozeek
Sep 21, 2005 (11:45 am)
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Replying to: Car_man (Sep 21, 2005 3:07 am)

Here are all the prices for this car:
 
MSRP 38020
GM Price 34311
Saab lease discount 3000 (saab purchase factory discount 5000)
Net lease price 31311 (net purchase price approximately 29000)
residual value 22431.80 (appears rather high to me)
 
Thanks greatly for all the help.
#11 of 75
Re: Re: Re: Leasing an Arc SportWagon by Car_man HOST
Sep 28, 2005 (3:16 am)
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Thanks for the additional information, zoozeek. Let's calculate a sample lease payment on this car for you. According to my calculations, if you were to lease a 2005 Saab 9-5 Arc Wagon with an MSRP of $38,020 and a selling price of $31,311 through Saab Financial Services Corp. right now for 24 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $444.
 
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#12 of 75
05 9-5 Aero by sah2
Nov 03, 2005 (12:01 pm)
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Interested in leasing 05 9-5 Aero for 36 / 15k year. Any information on current deals, estimated monthly's with 0 down. This will be my 3rd Saab lease and the information I have learned here prior to my negotiations has helped immensely in the previous two.
 
In addition, does GM currently have a "pull ahead" program to exit my current lease before expiration?
 
Regards
#13 of 75
Re: 05 9-5 Aero [sah2] by Car_man HOST
Nov 16, 2005 (3:59 am)
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Replying to: sah2 (Nov 03, 2005 12:01 pm)

Hi sah2. I would be happy to give you an idea of what Saab's lease program on this car is currently like. However, in order to estimate what its lease payment should be for you I need you to provide me with the full MSRP including the destination charge) and an approximate selling price for the exact car that you want. If you were to lease a 2005 Saab 9-5 Aero Sedan through Saab Financial Services Corp. right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00029 and 44%, respectively. When negotiating your lease on this car, make sure to take the $3,000 dealer cash that Saab is providing on leases of it and $500 bonus cash ($3,500 total) into account.
 
Saab was running a "pull ahead" program for lessees whose contracts were scheduled to end on or before 4/30/06, but unfortunately I believe that it expired a few days ago.
 
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#14 of 75
Re: 05 9-5 Aero [Car_man] by sfscemployee
Nov 18, 2005 (9:17 am)
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Replying to: Car_man (Nov 16, 2005 3:59 am)

It expired on the 14th of November

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