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Saab 9-7X Lease Questions - READ ONLY

85 messages,  Last post on Sep 12, 2008 at 3:15 AM

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What is this discussion about? Saab 9-7X, Car Leasing, SUV

Messages Page 2 of 9

#11 of 85 Re: Any new lease promos? [asr515] by Car_man HOST

Jun 01, 2006 (4:51 am)

Replying to: asr515 (May 31, 2006 8:25 am)
Hello asr515. Saab's May lease program for the 2006 9-7X is scheduled to run through July 5th. I doubt that it will make any significant revisions to this truck's lease program for the month of June, but only time will tell if this is definitely the case. It is not that difficult to negotiate an attractive lease when you want to trade your current vehicle in. Just keep the transactions separate. Negotiate the lowest possible selling price on the 9-7X that you want then the best possible price for your trade. If you don't like the amount the dealer is willing to give you for your current vehicle, you always have the option to sell it on your own. If you do trade it in, have the dealer cut you a check for it rather than using the proceeds as a capitalized cost reduction for your lease. I always advise community members against making large cap cost reductions on leases because if their leased vehicle is totaled in an accident or stolen and never recovered, the money that they put down essentially disappears.
 
Car_man
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Smart Shopper / Prices Paid Forums

#12 of 85 Saab 9.7x Lease by dsharkey

Jun 20, 2006 (5:40 am)

Hi Car Man,
 
Saw an ad in the Chicago Tribune for a new 9.7x at $239/month for 24 mos. Miles are 10K/year. Residual value is $28,252 with $3,484 due at signing. Would rather not put any money down. Can you tell me what the money factors should be on this vehicle. Says the offer ends May 30th and includes all factory incentives.
 
Thanks
Don

#13 of 85 Good deal? by asr515

Jun 20, 2006 (11:45 am)

Hi CarMan, I've started shopping around for my new 9-7x. Here's one quote I received - this is for the V6 with nav. option. I'm just not sure if it's a great or even good deal:
 
27 Month lease;
15,000 miles;
68% residual
4.2% interest rate.
 
He claims he's giving it to me for $500 over invoice. Invoice is $38244 + $500= 38744. He's also giving me the $1k factory rebate. According to his calculations, with $1966 down (includes security deposit), it'd be $519/mo. which includes tax.
 
I called him on the 4.2% and he gave me some line about he could give me the 3.7% if I wasn't going to pay my security deposit up front. Honestly, I didn't quite understand what the heck he was talking about.
 
So, what do you think?
 
Thanks.
Amy

#14 of 85 GM Supplier Discount by asr515

Jun 21, 2006 (10:30 am)

One more question Car_man: I get a GM Supplier discount through my company, of course, I haven't a clue what exactly that means. Any idea yourself?
 
Thanks.
Amy

#15 of 85 Another question by asr515

Jun 21, 2006 (1:48 pm)

One dealer said they are giving $4500 off '06 models but, the deal doesn't apply to leasing. Do you think this is true? I haven't gotten any final number from him yet but, I will soon and I'll be sure to post them.
 
Thanks.
Amy

#16 of 85 Good deal? by asr515

Jun 22, 2006 (11:30 am)

Okay, this is one that I actually think is a good deal:
 
MSRP: $40,040
Negotiated price: $36,866
Residual: 68%
Interest Rate: 3.7%
27 Month lease
15,000 miles/yr.
2,023 due at signing: includes 1st mo. pymt, bank fee, doc fee, security and small NJ tire tax.
Comes out to about $450/mo.
 
What do you think?
Amy

#17 of 85 Re: Saab 9.7x Lease [dsharkey] by Car_man HOST

Jun 25, 2006 (7:10 am)

Replying to: dsharkey (Jun 20, 2006 5:40 am)
I'd be happy to give you an idea of what this truck's lease program is currently like, Don. If you were to lease a 2006 Saab 9-7X Linear through Saab Financial Services Corp. right now for 24 months with 10,000 miles per year, its base lease rate and residual value should be 2.69% and 71%, respectively. As you can see, SFSC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. When negotiating your lease on this truck, keep in mind that Saab is providing $1,000 lease cash on it. This incentive will help you to negotiate an attractive capitalized cost.
 
Car_man
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Prices Paid Forums

#18 of 85 Re: Good deal? [asr515] by Car_man HOST

Jun 25, 2006 (7:15 am)

Replying to: asr515 (Jun 20, 2006 11:45 am)
Hi Amy. $500 over invoice is a good price for this truck if it is before the deduction of the $1,000 lease cash that Saab is currently providing on it. Once this incentive was taken into account, it would put put your truck's selling price at $500 under dealer invoice. It's good that you called him on trying to mark your truck's lease rate up. You definitely should be able to get this dealer to use Saab's 3.7% lease rate without too much trouble. Just make sure to pay a security deposit on your 9-7X at lease signing. The deposit is equivalent to your vehicle's monthly payment rounded up to the nearest $25 increment. It is annoying to have to pay, but it's better than throwing money away on a higher monthly payment.
 
Car_man
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Prices Paid Forums

#19 of 85 Re: GM Supplier Discount [asr515] by Car_man HOST

Jun 25, 2006 (7:42 am)

Replying to: asr515 (Jun 21, 2006 10:30 am)
Hey Amy. General Motors' supplier purchase program allows you to purchase a new vehicle for a set price. This price is usually pretty good, but I would not be surprised if you were able to match or beat GM's supplier purchase price on your own. This program is good for people who don't like to negotiate.
 
Car_man
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Prices Paid Forums

#20 of 85 Re: Another question [asr515] by Car_man HOST

Jun 25, 2006 (7:50 am)

Replying to: asr515 (Jun 21, 2006 1:48 pm)
Hi Amy. As I mentioned in an earlier post, you should be able to get a 9-7X for fairly close to dealer invoice, say $500 over, before the deduction of any cash incentives. The reason why the dealer you spoke with is willing to give you a bigger discount on one that isn't leased is that Saab is currently providing $3,500 dealer cash on the 9-7X. This dealer cash can be used on trucks that are financed through Saab, through an independent bank, or paid for with cash. This dealer cash is not compatible with Saab's special lease program, but a $1,000 cash incentive is.
 
Car_man
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Prices Paid Forums

Messages Page 2 of 9

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