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Saturn Aura Prices Paid and Buying Experience

71 messages,  Last post on Sep 03, 2008 at 7:57 PM

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What is this discussion about? Saturn Aura, Car Leasing, Car Buying

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#13 of 71 Re: lease rates [haskell1] by trauppius Nov 13, 2006 (11:27 am)
Replying to: haskell1 (Nov 13, 2006 9:44 am) I don't have the paperwork in front of me but I recall the MSRP being $27,019 less supplier discount yielding ~$25,700. Then add a $595 lease acquisition fee plus registration/plates fees to the capitalized costs. In my case it was $23.50 down/cap cost reduction (don't ask me to explain) that yielded a payment of approximately $353 covering monthly depreciation and the leasing fee. In Pennsylvania they also collect 6% for sales tax on the amount depreciated plus a 3% tax on car leases. The lease residual in slightly over $18,000; good luck to GM on reselling a two year old Saturn for this high an amount, but hey, that's their problem not mine.
#14 of 71 Re: lease rates by looking4lease Nov 14, 2006 (5:33 pm)
Hi. Can you tell me where you found this new 24 mo.lease deal? I would not get the supplier discount on the price but still would like to lease this car (XR). When I go to Saturn.com or to GMAC, all I see is the 39 month lease which is not a good value. Other cars I am looking at are: Ford Fusion/Milan; Mazda 6; Suburu Legacy; I prefer 24month leasing so I can stay in warranty. Let me know how you got this lease. Thanks, Replies to this message: trauppius (Nov 15, 2006 4:32 am) trauppius (Nov 15, 2006 6:25 am)
#15 of 71 Re: lease rates [looking4lease] by trauppius Nov 15, 2006 (4:32 am)
Replying to: looking4lease (Nov 14, 2006 5:33 pm) Pleased to help. Just go the GMACFS.com website and select the personal finance, automobile, leasing, and then payment calculator tool. Enter your zip code, select the year, make, model and trim and the calculator will first respond with the default capitalized cost and 36 month/15K lease term. You can then modify these to the price your have in mind, and a various lease durations and miles per year.   In any event your dealer can work this out with in a few minutes with their online connection to GMAC. Also keep in mind that although the MSRP for Saturn's are fixed (excepting employee/supplier discounts, of course) the dealers ARE FLEXIBLE in adding supplemental inducements to by the car at their dealership. These perquisites are exempt from GM pricing rules; in my case I got the following thrown into the deal: 1) annual state safety and emission inspections for as long as own the car, 2) free standard maintenance for 3/yr 36/K miles, and 3) and a full tank of gas. GM already includes 3 months of paid XM radio and 1 year paid OnStar service + 130 calling minutes good for one year for just $18 bucks.   Here is the GMAC link: link title
#16 of 71 Re: lease rates [looking4lease] by trauppius Nov 15, 2006 (6:25 am)
Replying to: looking4lease (Nov 14, 2006 5:33 pm) One more thing I forgot in my prior reply. The lease quote I got from sitting down with the Saturn dealer finance guy was about $60/month lower than what the GMACFS online calculator shows. He explained this as a consequence of regional differences in what is/can be included in the capitalized costs and up-to-the-minute changes in the residuals and cost of money. I was pleasantly surprised to find my actual lease was less expensive that what the planner indicated.
#17 of 71 Re: lease rates by looking4lease Nov 15, 2006 (7:17 am)
Thanks for the info. This explains why the GMAC calculator gave me a higher rate. When I worked up the lease I wanted similar to yours, it came up at over 550.00 per month. Whoa. So, I will take this to Saturn and see what they can offer. I have gone to the local Saturn dealer here in Jacksonville FL and they were not what I recalled from my experience years ago. I will try it. Thank you
#18 of 71 Re: lease rates by looking4lease Nov 15, 2006 (5:39 pm)
Hello trauppius. Thanks for the data. One thing, I did not ask you about and that was what money down you had on this deal. I heard back from my local Saturn dealer and they are quoting me the following: MSRP $26,195.; fee of 159.50; tax 31.53; 641.51 down, and a montly payment of 481.98. How does this look to you? I can put more down as most other leases I am looking at(such as Mazda 6 and Subaru Legacy) require approx. 2500. down. What do you think? Car man, feel free to add your comments as well. Anyone for that matter. Thank you all. Replies to this message: trauppius (Nov 16, 2006 4:27 am)
#19 of 71 Re: lease rates by looking4lease Nov 15, 2006 (5:40 pm)
Oh, just to confirm, this is a 24 month lease 12,500 miles/yr. I will most likely add miles but I can account for that difference.
#20 of 71 Re: lease rates [looking4lease] by trauppius Nov 16, 2006 (4:27 am)
Replying to: looking4lease (Nov 15, 2006 5:39 pm) This does not seem like as good a deal as I got. I paid out $615 when I picked the car up and the breakdown was $404 for the 1st month lease payment (which includes the 9% Pennsylvania sales and lease taxes), plus $110 for DMV fees and title registration, plus a few dealership back-office fees related to registration and title conveyance. Just the remaining $23.50 of my $615 was applied as a down payment (i.e. capitalized cost reduction). No security deposit and a lease acquisition fee of $595 that was rolled-up into the capitalized cost.   I have tier one credit and qualify for the most favorable terms, this ia potential area of difference. Also, I was never quite able to figure how they arrived at a 24/12K residual $18,322 that seems to work out(18322/(595+25700) to 0.70 (70%) rather than the .68 (which is still good) in the GMAC online estimator.   Bottom line is that my total cap cost (25700+595), with just $23.50 down, has yielded an all up monthly lease of $404, including taxes. It always seems like it is hard to shop and compare leases, but based on your info I would keep asking questions and probing for a better financing package; or at the very least a complete disclosure.   Good luck and keep in mind that it is a very nice car.
#21 of 71 GMS Buyer by bdubsee Feb 24, 2007 (3:50 am)
Price Paid: I leased my Aura XE on 2/21/07. The sticker was $21,770 (Premium and Convenience Packages plus Premium Floor Mats). I am GMS eligible so I paid $19, 963. The lease is 39 months/15k miles annually. I added an extended warranty to carry the bumper-to-bumper coverage to the end of the lease. My payment is $326.17 per month and I paid $495.20 (first payment, state fees, license plate) to get out of there.   Buying Experience: Perfect. I am now a believer in the Saturn way. From test drive to F&I, the experience was a pleasure and I will recommend them to anyone who will listen. I am thinking of taking my wife's car in and trading it for an Outlook.   BTW- Saturn doesn't discount cars but if you ask around you can probably find a GM employee/retiree that will you the Friends discount like one of the posters above. The fact that Saturn doesn't negotiate or discount shouldn't deter you from you shopping them. It's not a reflection on greedy dealers but rather a philosophy that the buying is a relationship. They set a reasonable price up front and you avoid the negotiating. Think of it more as a long term relationship where both parties feel good rather than a one-time exchange where you hope to steal the car the and the dealer hopes to empty your pocket of every dollar they can.
#22 of 71 Re: GM Supplier Discount [mackey4] by phaetondriver Mar 17, 2007 (1:43 pm)
Replying to: mackey4 (Oct 31, 2006 8:30 am) You should have asked for the Saturn Aura $1000 instant cash rebate instead. It is $1000 west coast. I think east coast and central area discounts are $1500 right now. Go to Saturn web site and look at specials.

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