85 messages,
Last post on Sep 12, 2008 at 3:15 AM
You are in the
Prices Paid & Leasing Experiences Archive Forum.
What is this discussion about?
Saab 9-7X, Car Leasing, SUV
#46 of 85 Re: GMAC (Saab) Lease [coppamc]
by frykman
Aug 29, 2006 (5:09 am)
That's a thought, but I don't think any acqusition fee is hiking the rate like that. Their payment quote is $371 ($29 per month higher than my math indicates it ought to be), which is a difference of $783.00. I'll let you know if I am able to figure it out and/or what "I am told".
Take care and thanks for the reply.
#47 of 85 Re: GMAC (Saab) Lease [frykman]
by frykman
Aug 29, 2006 (1:43 pm)
Just when I thought it couldn’t get any better...
Well, it turns out the figures my dealer quoted me were dead on. The reason my numbers failed to add up is this: GMAC charges interest, not only on the vehicle itself - but on the depreciation value as well. Nevertheless, I was happy when my dealer informed me (today) that Saab just added an additional $1500 cash off incentive as part of a Labor Day special. As a result, my payment dropped an addition $60
Vehicle stats are in my post above:
$670 down (includes first month payment) for Drive Off
$368 per month
18000 miles/year (I added $25 per month to the $342 payment quoted for 15000 miles/year)
27 Month lease.
#48 of 85 Re: My leasing Offer [sharonnj]
by Car_man HOST
Sep 07, 2006 (3:22 am)
Hi sharonnj. I would be happy to give you my opinion of this deal if you provide me with this vehicle's full MSRP. This number will show me how much of a discount you are being given on it and will enable me to use Saab's actual lease program to estimate what its monthly payment should be.
Car_man
Host
Prices Paid Forum
#49 of 85 Re: GMAC (Saab) Lease [frykman]
by Car_man HOST
Sep 07, 2006 (3:27 am)
Hi frykman. The method that was used to calculate the sales tax on your 9-7X has nothing to do with GMAC. The way that sales tax is charged on vehicles varies from state to state. Congratulations on getting such a good deal on your truck. The extra bonus cash that was available out there over Labor Day made for some excellent deals. I'm glad to hear that you were able to take advantage of it. Enjoy your new ride.
Car_man
Host
Prices Paid Forum
#50 of 85 Re: GMAC (Saab) Lease [Car_man]
by frykman
Sep 07, 2006 (10:52 am)
Thank you Car_man.
Indeed, The Labor Day bonus was a nice surprise (I'll take luck over negotiating skill everyday of the week). Nevertheless, I still do not fully understand the interest rate. It's more complex than I would expect. Even lease calculators I find on the internet don't arrive at the same figures as GMAC. I understand the sales tax (it's just 6% of the payment).
#51 of 85 Re: GMAC (Saab) Lease [frykman]
by Car_man HOST
Sep 28, 2006 (3:35 am)
You're very welcome, frykman.
Car_man
Host
Prices Paid Forum
Mar 12, 2007 (5:41 pm)
Hey Car Man. Any info on the money factor for 3yr 15K miles in Florida? Also, any reason no one is looking for info on this vehicle? I have not looked at one yet, but it has received pretty good reviews. Thanks.
Mar 15, 2007 (1:03 pm)
I'm waiting for a quote on this vehicle too. 27mo, 15k per year.
Where do you get your information from?? Is it public information that consumers can look up or are we at your mercy?? There are several vehicles I'm looking into, Saab 9-7 being one of them, but I don't want to go into each of the forums and ask you about the latest programs, money factors, yada yada yada....
Let me know, otherwise, I'm afraid I'll have to pester you!!!
Thanks!!!
#54 of 85 Re: Any Info? [jefflawyer]
by Car_man HOST
Mar 20, 2007 (4:00 am)
Hey jefflawyer. Here's the information that you're looking for. Saab Financial Services' current base lease rate and residual value for a 36 month lease of a 2007 Saab 9-7X 4.2i with 15,000 miles per year are 3.08% and 60%, respectively. As you can see, Saab 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.
The 9-7X is not a very popular truck. There's nothing really wrong with it, but in my opinion there are a lot of other trucks out there that one can lease for a similar payment that I would personally rather lease.
Car_man
Host
Prices Paid Forum
#55 of 85 Re: Car Man [maradag]
by Car_man HOST
Mar 20, 2007 (4:05 am)
Hi maradag. You're not pestering me at all. I'm always glad to help. I am not aware of any resource that provides information on manufacturers' current lease programs to the general public. Saab Financial Services' current base lease rate and residual value for a 27 month lease of a 2007 Saab 9-7X 4.2i with 15,000 miles per year are 3.08% and 66%, respectively.
When negotiating your lease on this truck make sure to take the $1,000 lease cash that Saab is currently providing on it into account. If you are interested in a unit that has been in dealer inventory since December 15th or earlier, there is an additional $750 bonus cash that you can use to your advantage. These cash incentives will help you to negotiate an attractive capitalized cost.
Car_man
Host
Prices Paid Forum