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Saab 9-5 Lease Questions

75 messages, Last post on Jul 11, 2008 at 1:58 AM
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Can you tell me the residual and payments I should be seeing on the 9-5 Sedan (2207). MSRP of 37,340 - price offered as 30,995. I expect 36 or 39 with 10k per year
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Replying to: larry74 (Aug 23, 2007 4:42 pm) |
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Replying to: mountstreet (Aug 20, 2007 3:14 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: woodrow48 (Sep 11, 2007 6:32 am) Unfortunately, I doubt that you will be able to take advantage of the low selling price that you were quoted if you want to lease this car. Saab is currently providing a $4,000 cash rebate on the '07 9-5, but this incentive is not compatible with its special lease program. You should shoot for a selling price that is as close to dealer invoice as possible on a leased vehicle. You can look up the invoice price for the car that you are interested in by visiting the following section of this site: Edmunds.com - New Vehicle Pricing. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I'm looking to lease an '08 9-5, auto, upgraded paint, cold weather package. Can you give me an idea on what I should be looking for on money factor/% and residual value on a 24 month lease 15k miles? I'm probably looking to trade in a 99 Chrysler T&C Limited AWD. Thanks.
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Replying to: tretyten (Dec 27, 2007 8:23 pm) GMAC doesn't use money factors, they use straight interest rates on their leases. As stated in the post before yours it is still at 3.35% with a .5% interest markup to waive security deposit. So 3.85% unless you pay the security deposit up front, which would be the monthly payment rounded up the next $25 increment. Usually about a wash. Your best bet would be to take the 27 month term for the best payment. Which the residual would be 67% on 27 and 68% on 24. Hope this helps.. |
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| I'm looking at turning in my 2006 9-5 at lease end and getting a new 2008. Does anyone know what the residual is for a 27 month lease and what rate GMAC is currently using? Also, Edmunds indicates a $2500 Mfg to Dealer rebate. How do I get the dealer to part with that? | |
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Replying to: shorebound (Jun 08, 2008 3:26 pm) |
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Replying to: shorebound (Jun 08, 2008 3:26 pm) The $2500 cash to dealer, and the current Saab $1000 bonus cash are NOT valid on leases. In April, Saab did have a $1000 lease bonus. I am waiting for that to come back. I am hoping for a July 4th sale of some kind. Also - The only way to lease a Saab (if you can afford it) is with GM's SmartLease Plus program. Using this lease, you prepay the entire lease up front - it's also known as a "One payment lease". The benefit is a lower lease rate. Right now the standard lease rate (27 Month) is 3.35%. Using the SmartLease Plus, the rate drops to 1.75%. Buying additional miles upfront is much less expensive than buying them at lease end. Saab has a current Pull-Ahead program in effect. They will pay up to 2 remaining payments if you turn your current Saab in early. This was 6 months back in December - so the number of payments is subject to change. Saab has a 174 day supply of vehicles (as of 04/30/08) so incentives have no where to go but up. There are several new 2007 9-5 units out there with manual transmission at discounts ranging from 12000 to 15000 dollars! Good luck with your transaction.
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