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Saab 9-7X Lease Questions - READ ONLY

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

Messages Page 2 of 9

#7 of 85 Re: March 2006 rates, please [coppamc] by Car_man HOST

Apr 12, 2006 (4:49 am)

Replying to: pegasus17 (Mar 27, 2006 6:50 pm)
Here's the latest, coppamc. If you were to lease a 2006 Saab 9-7X through Saab Financial Services Corp. right now for 36 months with 15,000 miles per year, its base lease rate and residual value should be 3.7% and 57%, respectively. The numbers for an otherwise identical 24 month lease should be 3.7% and 69%. Saab is still providing the $1,000 lease cash that you mentioned on this truck.
 
Car_man
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#8 of 85 Re: March 2006 rates, please [Car_man] by eschule

Apr 24, 2006 (3:44 pm)

Replying to: Car_man (Apr 12, 2006 4:49 am)
Carman:
 
Where are these base lease rates and residual values obtained from. I am looking at the 9-7X and am being offered a "month end deal". The "deal" is based off $33,000 sales price and $40,040 MSRP.
 
Despite the reduced price, the lease includes 6.9 APR and 50% residual (20,020) on a 36 or 39 month lease. Thus, the monthly rates with zero down seem way overpriced according to your numbers (like 50% higher).
 
How do I negotiate for the proper APR and residual without quoting a poster on a website?
 
Thanks for your help.

#9 of 85 Any new lease promos? by asr515

May 31, 2006 (8:25 am)

I'm looking to lease the 9-7x soon -- probably within the next month. Any new lease deals out there? What the current base lease rate and residual? I'll probably have a trade-in. Is it harder to negotiate a good deal with a trade-in?
 
Thanks!

#10 of 85 Re: March 2006 rates, please [eschule] by Car_man HOST

Jun 01, 2006 (4:46 am)

Replying to: eschule (Apr 24, 2006 3:44 pm)
Hi eschule. It appears as though the dealer that you are working with is attempting to mark-up Saab Financial Services' Corp.'s buy rate lease money factor for this truck to add additional back-end profit to your deal. SFSC's current base lease rate and residual value for a 36 month, 15,000 mile per year lease of an '06 9-7X are 3.7% and 57%, respectively. Unfortunately, I am not aware of any source that provides this sort of information to the general public, but I can assure you that this info is 100% accurate. Both you and the dealer know it. If they insist that the 6.9% rate is the best that they can do they are lying, unless your credit is in really rough shape. Make sure that this lease rate is being used to calculate your truck's monthly payment.
 
Car_man
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#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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#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

Messages Page 2 of 9

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