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Saab 9-7X Lease Questions

85 messages,  Last post on Sep 12, 2008 at 2:15 AM

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

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


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#60 of 85
2007 9-7X 5.3i lease by avalon2000
Jun 02, 2007 (2:12 pm)
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CarMan,
 
With factory installed navigation:
 
2007 9-7X 5.3i lease
MSRP: $44080
Base Cap Cost: $36136 [from www.carsdirect.com] +acq. fee of $595
Term: 27 mo. & 36 mo.
Down: $0
Sales Tax: 8.375%
15K yr. mileage
NYC metro area
 
What should my monthly lease payment be for both 27 mo. & 36 mo.?
 
I usually use www.leaseguide.com/calc.htm as my calculator.
  
Thanks!
#61 of 85
Re: 2007 9-7X 5.3i lease [avalon2000] by Car_man HOST
Jul 02, 2007 (2:03 am)
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Replying to: avalon2000 (Jun 02, 2007 2:12 pm)

Hi avalon2000. Let's crunch some numbers and see what we come up with. According to my calculations, if you were to lease a 2007 Saab 9-7X 5.3i that has an MSRP of $44,080 and a capitalized cost of $36,731 through Saab Financial Services' Corp. right now for 27 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $352. The payment for an otherwise identical 36 month lease would be $437.
 
Car_man
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Prices Paid Forum
#62 of 85
Re: 2007 9-7X 5.3i lease [Car_man] by aepheme
Jul 02, 2007 (10:56 am)
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Replying to: Car_man (Jul 02, 2007 2:03 am)

Hi Car_man. That deal seems unusually good. $352 w/ $0 down for 27 months? That puts it in-line with a couple other promotions at the moment (Dodge Durango, Santa Fe) for significantly less valuable cars.
 
What residual and finance numbers are you using for that?
 
Also, without getting too far off topic -- any SUVs / XUVs you find to be extremely good lease deals at the moment? (Noticed that you recommended the Toyota 4Runner and Acura RDX above).
#63 of 85
Re: 2007 9-7X 5.3i lease [Car_man] by avalon2000
Jul 10, 2007 (1:45 pm)
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Replying to: Car_man (Jul 02, 2007 2:03 am)

The original CarsDirect quote was for a sale only, not lease. But did cut a good deal:
 
2007 Saab 9-7X 5.3i
27 mo.
15K miles yr.
no money down [other than usual acq. fee, 1st mo. rent, $450 GMAC security deposit, tags, doc. paid in cash]
additional options: factory installed navigation, dealer installed mud flaps and back up radar sensors.
cost per month including NYC/NYS sales tax of 8.375%: $444
 
Interesting, the top of line Honda Pilot with Navigation was quoted 24 mo. lease at $689 plus tax and the 36 mo. lease at $531 plus tax, both 15K miles yr. And can't match the handling of the Saab, as the Honda has the tires of a toy bicycle, and NO OnStar.
#64 of 85
Re: 2007 9-7X 5.3i lease [avalon2000] by aepheme
Jul 10, 2007 (5:42 pm)
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Replying to: avalon2000 (Jul 10, 2007 1:45 pm)

avalon2000, would you mind sharing some more details on that? I'm curious what the residual / money factor / msrp / capcost were. If you don't mind, would appreciate it...! Thanks!
#65 of 85
Current (July-August '07) Residuals by davidb7999
Jul 24, 2007 (6:29 am)
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Car Man:
 
Any information on current 24 month and 36 month residuals for the 9-7x 5.3i? Just trying to ballpark the numbers and I can guestimate the money factor, but even after leasing cars for the past 15 years, the residuals still remain a mystery (and at least for the 8 vehicles I've leased, have no relation to the actual fmv of the vehicle at the end of the lease!).
 
Also, if I'm not taking advantage of your good nature, are the residuals similar GMC Envoy and Buick Rainier? If the residuals are the same, then it seems one would be better off going with the Envoy or Rainier since the cap cost is bound to be lower.
 
Thanks for the invaluable resource!
#66 of 85
Re: 2007 9-7X 5.3i lease [aepheme] by Car_man HOST
Aug 06, 2007 (2:40 am)
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Replying to: aepheme (Jul 02, 2007 10:56 am)

Hey aepheme. Saab's current base lease rate and residual value for a 36 month lease of a 2007 Saab 9-7X 5.3i with 15,000 miles per year are 3.08% and 54%, respectively. The lease rate for an otherwise identical 27 month lease would be the same, but its residual value would be 67%.
 
As far as other luxury SUVs that have attractive lease programs available on them right now go, the '07 Lexus RX 350, '07 Infiniti FX35, and '08 Mercedes-Benz M-Class come to mind off of the top of my head.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#67 of 85
Re: Current (July-August '07) Residuals [davidb7999] by Car_man HOST
Aug 06, 2007 (2:50 am)
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Replying to: davidb7999 (Jul 24, 2007 6:29 am)

Hi davidb7999. Saab's current base lease rate and residual value for a 24 month lease of a 2007 9-7X 5.3i with 15,000 miles per year are 3.08% and 68%, respectively. The numbers for an otherwise identical 36 month lease are 3.08% and 54%.
 
The numbers for a 24 month lease of a 2007 GMC Envoy with 15,000 miles per year are 5.9% and 64%. Its 36 month numbers are 5.9% and 55%.
 
The numbers for a 24 month lease of a Buick Rainier with 15,000 miles per year are 5.9% and 64%. Its 36 month numbers are 5.9% and 55%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#68 of 85
Current 9-7x lease deal by azomegaman
Aug 08, 2007 (11:20 am)
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I am presently looking into leasing a new Saab 9-7x at the following rate:
 
Lease Offer
2007 9-7X 4.2i
Automatic transmission
Starting at $429 mo./27 mo.*
$2,999 due at lease inception (includes down pmt., acq. fee & first mo. pmt.)
 

*Subject to credit approval. Delivery must be taken out of participating dealer inventory by September 4, 2007. Each dealer sets its own price. Your payments may vary. No security deposit required. Dealer financial participation may affect consumer cost. ‡Residency restrictions apply. Terms apply to a new 2007 Saab 9-7X 4.2i based on MSRP of $39,935.00. Lease payment for the Saab 9-7X 4.2i is $428.83 for 27 months, totaling $ 11,578.41. Payments may be higher in some states. Option to purchase at lease end for $26,756.45 (plus taxes, insurance, title and registration fees). Customer is liable for a mileage charge of $.20 per mile over 27,000 miles and for excess wear and tear. Not available with other program offers. Call 1 800 SAAB USA for important program details and limitations.

 
My question is. Do any of the current rebates apply? Currently $5000.00 I spoke to a dealer in Phoenix, Lund Cadillac Saab and he told me they do not. I had always read to negotiate the price of the vehicle even if you are leasing.
 
Also I called the 1800 SAAB USA number listed under the lease fine print if you have any further questions call that number. I did and they referred me to Saab Financial, who said they no longer do lease finance, call GMAC no help there either.
 
I did go to the incentive site at Edmunds.com and it said under the lease section of incentives for Saab 9-7x, "Dealer participation may vary. Incentives and Rebates are provided subject to the terms of our Visitor Agreement." What does that mean?
 
Any help is appreciated.
#69 of 85
Re: 2007 9-7X 5.3i lease [avalon2000] by avalon2000
Aug 08, 2007 (11:47 am)
Reply

Replying to: avalon2000 (Jul 10, 2007 1:45 pm)

In my recent experience [and location NYC/NJ Metro area], best place to get your best 9-7X deal is here, the largest Saab dealer:
 
http://www.jmksaab.com/contacts.htm
 
speak with the sales manager and tell him that Mr. Shelly Jacobs recommended you [no, get no fee or commission from them].
 
Own the 2007 9-7X 5.3 for past month, absolutely terrific vehicle! If driving on highway at a steady 70 to 75 MPH figure on getting only 15 mpg, but takes regular 87 grade gas. Also, spend $30 and replace the std. wipers with the new Michelin Radius [at Walmart] or new Michelin Optimum [at Target], same superior wipers with different names per store, and do spend another $395 for the dealer installed backup radar sensor.

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