- #15 of 90
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'07 Outlook Lease Help
by asquare
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Apr 26, 2007 (1:48 pm)
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I have found an XR I like and the lease info is as follows:
MSRP 35294
GMS Family Disc Price 31810
Dest. Chgs 690
GM Family Card - 278
Final Price 32222
The above numbers I pulled from the GM Family First web page based on the MSRP on sticker. Do they calculate out to the below numbers? The dealer won't let me see the numbers/calculations.
39 Month Lease
No Money Down
Fees (Incl 1st Mo) 588
12000 Miles/Year
Our tax rate is 6%
Monthly Payment 470
Is this a good deal?
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- #16 of 90
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Need lease numbers
by jak51
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May 11, 2007 (6:41 am)
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I am considering leasing an Outlook XR FWD. What are the current residuals and money factors for 36 months and 12,000 miles. I reside in IN for any special incentives if they exist.
Thanks
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- #17 of 90
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Looking for lease info
by skycovet
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May 15, 2007 (5:51 pm)
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I am considering a 2007 Saturn Sky Redline. What money factor and residual value should I be looking for in a 36 month lease with 12,000 miles per year?
Thank you so much for your help.
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- #18 of 90
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Re: Current Saturn Lease Promotion [kegels]
by Car_man HOST
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May 21, 2007 (1:31 am)
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Replying to: kegels (Apr 24, 2007 11:23 am)
Hi kegels. That is Saturn's current advertised lease for the Outlook. Saturn's current lease program for the 2007 Outlook really is not that great right now. Saturn is providing a lease rate of 6.0% and only $350 lease cash on it this month. In my opinion there are similar vehicles out there that have better lease programs than the Outlook at this time. If you are set on getting an Outlook, make sure to negotiate as low a selling price as possible on it. Like most manufacturers' advertised lease payments I suspect that the selling price that this one is based upon can be beaten by savvy consumers who shop around.
Car_man
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- #19 of 90
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Re: Saturn Outlook: Lease Questions [neicey59]
by Car_man HOST
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May 21, 2007 (1:35 am)
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Replying to: neicey59 (Apr 25, 2007 3:37 pm)
Hi neicey59. I certainly understand your desire to have an inexpensive purchase option price at the end of your lease, but capitalized cost reductions have no impact upon the residual values of leased vehicles. Your Outlook's end of term purchase price will be exactly the same, regardless of whether you put $10,000 down or nothing down on it.
Car_man
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- #20 of 90
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Re: Lease vs. buy??? [confused10]
by Car_man HOST
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May 21, 2007 (1:40 am)
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Replying to: confused10 (Apr 26, 2007 6:53 am)
Welcome confused10. If I was in the market for a Saturn Outlook right now, I personally would not lease it. Instead I would take advantage of the 1.9% - 36 month, 2.9% - 48 month, 3.9% - 60 month special financing or the $1,000 customer cash that are available on it right now. Its lease program is jut the great right now. If you do opt to go with a lease you would still be able to take advantage of the Employee Pricing that you qualify for. The selling price that you would normally have to pay for a purchase through this program would be used as the capitalized cost for your lease.
Car_man
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- #21 of 90
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Re: '07 Outlook Lease Help [asquare]
by Car_man HOST
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May 21, 2007 (1:44 am)
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Replying to: asquare (Apr 26, 2007 1:48 pm)
Hi asquare. Let's use Saturn's current lease program and the prices that you mentioned in your post to estimate this truck's monthly payment. According to my calculations, if you were to lease a 2007 Saturn Outlook XR that has an MSRP of $35,294 and a capitalized cost of $32,222 through GMAC right now for 39 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $393. I used a lease rate of 6.0% and a residual value of 36% to arrive at this payment.
Car_man
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- #22 of 90
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Re: Need lease numbers [jak51]
by Car_man HOST
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May 21, 2007 (1:48 am)
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Replying to: jak51 (May 11, 2007 6:41 am)
Here's the information that you're looking for, jak51. GMAC's current base lease rate and residual value for a 36 month lease of a 2007 Saturn Outlook XR FWD with 12,000 miles per year are 6.0% and 66%, respectively. When negotiating your lease on this truck, make sure to take advantage of the $350 lease cash that is currently available on it.
Car_man
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- #23 of 90
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Re: Looking for lease info [skycovet]
by Car_man HOST
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May 21, 2007 (1:50 am)
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Replying to: skycovet (May 15, 2007 5:51 pm)
Greetings skycovet. Neat car. General Motors is not currently providing any lease support on the Saturn Sky. As a result, if you were to lease one through GMAC right now you would have to use its standard lease program...which is pretty bad. I suspect that you would be able to do better by leasing this car through an independent bank.
Car_man
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- #24 of 90
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Re: '07 Outlook Lease Help [Car_man]
by axmangto
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May 21, 2007 (6:55 am)
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Replying to: Car_man (May 21, 2007 1:44 am)
Did you mean 63% for the residual value Car_man? If so, then is it correct that a 39 month 12k/year is now 63% and the 36 month 12k/year is 66% based on a subsequent post for the 2007 Outlook XR?
Thanks.
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