Ask the Car People.SM


Saturn Aura Prices Paid and Buying Experience - READ ONLY

80 messages,  Last post on Jun 24, 2008 at 7:56 AM

You are in the Prices Paid & Leasing Experiences Archive Forum.

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

Messages Page 9 of 9

#73 of 80 Saturn Aura Lease Question by kyfdx HOST

Oct 10, 2007 (8:15 am)

Ask your Aura lease questions here!

#74 of 80 08 XE Lease by 2or4wheels

Oct 10, 2007 (11:11 am)

My metro ny Saturn dealer has quoted me:
 
08 XE MSRP $21,810
Rebate : $500
CapCost $19,604
Money Factor .29
Due at signing : 458.66 (1st month + DMV fees)
monthly payment : $326.16
Residual :50% or $10,900
36 month 36K miles
 
how does this look?

#75 of 80 Re: 08 XE Lease [2or4wheels] by Car_man HOST

Oct 23, 2007 (2:59 am)

Replying to: 2or4wheels (Oct 10, 2007 11:11 am)
Hi 2or4wheels. I believe that the Aura has four wheels. OK, next question . Let's take a look at the selling price that you were quoted for this car. The 2008 Saturn Aura that you described probably has a spread of around $1,400 between its full MSRP and its dealer invoice price. Saturn is not currently providing any cash incentives on leases other than a $500 conquest cash incentive in its Northeast region. That may be the $500 that you referenced in your post. Either way, the selling price that you were quoted for the Aura that you want to lease looks very attractive to me. GMAC's base lease rate for the 2008 Saturn Aura is currently 3.0%. Make sure that the dealer that you are working with uses this rate to calculate your lease payment and you're all set.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#76 of 80 GMAC current lease rate?? by kinneyrhs

Apr 01, 2008 (9:39 am)

Car_Man,
 
Thank you so much for the helpful advice. I am currently trying to get a deal on a 2008 Saturn Aura.
 
Could you tell me what GMAC's current base lease rate is on the 2008's (I will be using GMS pricing). Also, how do you get this rate? Is it based on credit? Because my dealership told me that you either qualify for a lease or you don't, no difference in rates.
 
Also, what is the current residual value on a 2008 Aura (XE - V6) on a 36 and/or 39 month lease?
 
Thanks for your help!!

#77 of 80 Also looking to lease a 2008 Aura by brak

Apr 25, 2008 (2:35 pm)

Car-man
 
2008 Aura XE V6
MSRP $23,000, incentives $2500, sale price $20,500
36 or 39 month lease 12,000K

#78 of 80 Re: GMAC current lease rate?? [kinneyrhs] by Car_man HOST

May 22, 2008 (2:11 am)

Replying to: kinneyrhs (Apr 01, 2008 9:39 am)
You're welcome, kinneyrhs. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Saturn Aura XE V6 with 15,000 miles per year are 4.35% and 62%, respectively. The lease rate for a 39 month lease of this car is the same, but its residual value is 1% lower. Many banks use a tiered system that uses different money factors for consumers depending upon what their credit is like. GMAC uses more of a pass / fail system. You should have no problem qualifying for the aforementioned lease rate unless your credit is completely destroyed.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#79 of 80 Re: Also looking to lease a 2008 Aura [brak] by Car_man HOST

May 22, 2008 (2:15 am)

Replying to: brak (Apr 25, 2008 2:35 pm)
Hi brak. Even though Saturn has traditionally had no-haggle dealerships, most Saturn dealers will negotiate vehicles' selling prices today. I definitely would shop around and try to negotiate a lower price on this car if I was in the market for it. Unfortunately, the $2,500 in cash incentives that you mentioned in your post is not compatible with this car's special lease program. GM is providing lease cash on it in certain areas, but not nearly as much.
 
See my previous post for this car's lease rates and residual values. The 12,000 mile per year residual values are 2% higher than the 15k residuals.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#80 of 80 New Lease Calculation by 300c

Jun 24, 2008 (7:56 am)

Interested in leasing a 2008 Aura with MSRP of 22500. 3 yrs. 12000 miles.
 
With the new promo what should I expect the lease to cost. I am a returning GMAC
pull ahead client. I also have available a $1000 gm card credit to apply.
 
Or would I be better off with purchase? What should the purchase price be?
 
Thanks for your help.

Messages Page 9 of 9

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement