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Saturn Outlook Lease Questions

90 messages,  Last post on Aug 22, 2008 at 2:08 AM

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

What is this discussion about? Saturn Outlook, Car Leasing, Car Buying, SUV


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#4 of 90
Re: Looking for lease details (supplier disc, MF, residual, etc.) [aroxas20 [Car_man] by axmangto
Apr 03, 2007 (8:05 am)
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Replying to: Car_man (Mar 20, 2007 3:14 am)

My dealer insists the 36 month residual is 60%. Could the 63% be based on the base (sticker) MSRP and 60% if they try to use any "add-on" sticker items? Perhaps if I could reference your source for the 63% I may get further with them.
#5 of 90
Re: Looking for lease details (supplier disc, MF, residual, etc.) [axmangto] by tkw1
Apr 20, 2007 (6:48 pm)
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Replying to: axmangto (Apr 03, 2007 8:05 am)

I am new to these discussion boards and I am finding them invaluable.. thank you!
 
I, too, am considering leasing an Outlook.
I just don't understand how to use the numbers you are giving above to figure out exactly how much I might pay for the lease.
 
The vehicle I've built online is about 35,000.00
 
I don't have the supplier discount, I am in my 4th Jeep GC and I'm willing to forgo all of the benies and $$ I'll save to get into the Saturn if the numbers work out.
 
I just don't trust the dealers, so I'd like to understand this better.
 
Also, at the risk of sounding completely uneducated in this, would there be a benefit to turning in my leased Jeep to Saturn (it's an early termination of the lease by 5 mos., about $1,600.00). But I'd have to pay close to $1000.in overage miles if I keep it any longer. Until I know what the Saturn lease #'s are I can't make the decision.
 
Thanks very much.
#6 of 90
Saturn Outlook: Lease Questions by neicey59
Apr 21, 2007 (12:57 pm)
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on most Edmunds lease boards for various SUV's and crossovers the host(s) advise to never put a deposit, and to not sign a lease that charges you to pay a disposal feel. They advise not to give the dealership any monies and to make them apply all incentives to your lease. Can you elaborate how you would lease a outlook without money upfront - I have excellent credit.
#7 of 90
Lease question by karkuhoit
Apr 22, 2007 (6:14 am)
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Saturn is offering the following deals on a 39 mo. lease for the Outlook:
1) 2007 XE FWD MSRP $27990, cap cost $26588, residual $17354, $1995 due at signing, no security deposit, TTL extra, payments of $349.00 per month
2) 2007 XR FWD MSRP $30290, cap cost $28921, residual $18780, $1995 due at signing, no security deposit, TTL extra, payments of $381.00 per month
 
Can you advise me as to these offers? We test drove the Outlook yesterday and are considering purchasing or leasing one in the next couple of months. The dealership does not negotiate sticker price. I am concerned about the $1995 due at signing because I've read that it's not a good idea to put money down on a lease.
#8 of 90
Re: Looking for lease details (supplier disc, MF, residual, etc.) [axmangto by Car_man HOST
Apr 24, 2007 (2:33 am)
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Replying to: axmangto (Apr 03, 2007 8:05 am)

Hey axmangto. I am pretty sure that this truck's 36 month residual value is higher than 60%.
 
Car_man
Host
Prices Paid Forum
#9 of 90
Re: Looking for lease details (supplier disc, MF, residual, etc.) [tkw1] by Car_man HOST
Apr 24, 2007 (2:41 am)
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Replying to: tkw1 (Apr 20, 2007 6:48 pm)

Welcome tkw1. I am glad that you have found this discussion so helpful. It sounds like you are new to the world of leasing. If so, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
You definitely will not benefit from turning in your Jeep before the scheduled end of your lease. Chrysler Financial is currently running a promotion that lets current lessees out of their deals up to five months early if they lease a new Grand Cherokee, but if you try to get out of your current deal early to lease a Saturn you are going to have to pay for your remaining payments out of your own pocket, either in cash at signing or by rolling it into your new lease.
 
Car_man
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Prices Paid Forum
#10 of 90
Re: Saturn Outlook: Lease Questions [neicey59] by Car_man HOST
Apr 24, 2007 (2:50 am)
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Replying to: neicey59 (Apr 21, 2007 12:57 pm)

Hi neicey59. Consumers can lease any vehicle that they want without making a capitalized cost reduction, aka down payment. I would be happy to estimate what a zero down lease payment would be like on the Saturn Outlook that you are interested in right now. In order for me to do so I need you to tell me exactly which Outlook you want, what its MSRP is, what its approximate selling price (this may just be the MSRP if the Saturn dealer that you work with will not negotiate) is, how long you want to lease it for, and how many miles per year you need to be able to drive it. You can look up this truck's pricing by visiting the following section of this site: Edmunds.com - New Vehicle Pricing. Once you have this info, let me know and I'll work up a sample lease payment for you.
 
As far as not signing a lease that charges a disposition fee goes, you may not have any choice. Many banks charge consumers who do not lease another new vehicle through then at the end of their current deal a disposition fee. Dealers do not have the authority to waive this charge.
 
Car_man
Host
Prices Paid Forum
#11 of 90
Re: Lease question [karkuhoit] by Car_man HOST
Apr 24, 2007 (2:56 am)
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Replying to: karkuhoit (Apr 22, 2007 6:14 am)

Hi karkuhoit. Even though Saturn dealers are traditionally no-haggle, some dealers will negotiate prices. It wouldn't hurt to shop around a little bit to see if you can find a dealer that is willing to lower the selling price of the Outlook that you are interested in.
 
Car_man
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Prices Paid Forum
#12 of 90
Current Saturn Lease Promotion by kegels
Apr 24, 2007 (11:23 am)
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Carman,
 
What do you think of this promotion? Good or not so good?
 
"2007 OUTLOOK XR AWD - Lease
$410.00 per month 39 month lease
$1,995 due at lease signing for qualified leasees
No security deposit required.
Tax, title, license and retailer fees are extra.
For qualified lessees.
  
Lease payments based on specially equipped 2007 OUTLOOK XR AWD with MSRP of $32,290.00, a capitalized cost of $30,950.00 and a residual value of $20,020.00. 39 monthly payments total $15,990.00. Option to purchase at the lease end for amount to be determined at lease signing. GMAC must approve lease. Take delivery by 7/9/2007. Mileage charge of $.20 per mile over 39,000 miles. Lessee pays for maintenance, repair and excess wear. Payments may be higher in some states. Residency restrictions apply. Not available with other offers."
#13 of 90
Re: Saturn Outlook: Lease Questions [Car_man] by neicey59
Apr 25, 2007 (3:37 pm)
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Replying to: Car_man (Apr 24, 2007 2:50 am)

Tampa's Saturn dealers are getting top dollar for this vehicle. I would like to consider a lease that would allow for a buyout at the end, so I don't want to be left with a large sum at the end of the lease in the event I really like the vehicle.
 
2007 Saturn Outlook
XR 4dr SUV AWD (3.6L 6cyl 6A)
They are asking 43,059 for this vehicle
   
  
   U3R Touch Screen Navigation $2,145
   C3U Dual Skyscape Sunroof $1,300
   U42 DVD Rear Entertainment System $1,295
   PCQ Premium Trim Package $1,275
   PDC Convenience Package $1,045
   PCU Advanced Audio Package $805
   PDD Enhanced Convenience Package $690
   PCU Advanced Audio Package (when U42/UZR/U3R is selected) $510
   TVD HID Headlamps $500
   U2K XM Satellite Radio $199
Color Adjustment - - $0
  Cream White
  Destination Charge $735
Total with Options $42,054

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