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Saturn Outlook Lease Questions

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

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

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#35 of 90 Cancelled lease before delivery by clintcela Jul 18, 2007 (10:17 am)
Hello all,   I found this board after signing a lease on an Outlook. MSRP of $39,900. I think they did the residual at about 50% because it was about half of the MSRP. Also the payments came out to $629 / month for 39 months with $0 down. I thought that was high. I did not take delivery of the vehicle because the one with the options I wanted was on another lot. I found out that it had an imperfection in the roof rack. According to the info here, those payments look way too high. The sales manager was nice enough to let me cancel my lease without penalty.   And they did let me put 75 miles on another new Outlook while waiting for mine to be delivered. No charge even though I canceled.   I already have a 2002 SL1 and would definitely go with Saturn again.   They had the 2008 model come in last week fully loaded just like I wanted for the same price but say that Saturn has only authorized them for sale and not for lease. Perhaps when the 2008 gets a lease program, the 07 will get some decent incentives. Replies to this message: seloo (Jul 22, 2007 10:14 am)
#36 of 90 Re: Lease Details and Incentives after June 04, 2007 [Car_man] by octagon3 Jul 22, 2007 (7:54 am)
Replying to: Car_man (Jul 02, 2007 2:14 am) Do you know what the current interest rates and residuals are on the 2007 and 2008 Outlooks, Acadias and Enclaves?   Also, is there any word on GM increasing production so the dealers stop their baloney?
#37 of 90 Re: Cancelled lease before delivery [clintcela] by seloo Jul 22, 2007 (10:14 am)
Replying to: clintcela (Jul 18, 2007 10:17 am) Good for you! That was a really bad deal!
#38 of 90 Re: Outlook XE AWD Lease - good price? [fernhill] by Car_man HOST Aug 06, 2007 (3:04 am)
Replying to: fernhill (Jul 08, 2007 12:17 pm) Hi Fernhill. The fact that you are purchasing through GM's employee purchase program assures that you are getting a good deal on the Outlook that you are interested in. A 36 month lease of this truck will likely result in a lower monthly payment than a 24 month lease. Let's work up a 36 month lease payment and see what we come up with. According to my calculations, if you were to lease a 2007 Saturn Outlook XE AWD that has an MSRP of $30,945 and a selling price of $28,580 through GMAC right now for 36 months with 12,000 miles per year your zero down, pre-tax monthly payment should be around $365. I believe that the '08 Outlook is already available.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: maverick8 (Sep 04, 2007 10:05 pm) maverick8 (Sep 07, 2007 9:30 pm) maverick8 (Sep 10, 2007 10:03 pm) Car_man (Sep 17, 2007 2:07 am) kmurray5 (Oct 17, 2007 4:08 am) and 5 more...
#39 of 90 Lease Deal by mdurso Aug 13, 2007 (4:34 pm)
On a 2008 Saturn VUE XR AWD the dealer offered the following: 410.00 month, for 39 months w/ 2500.00 down and 10000 miles. The XR is loaded am/fm cd w/ dvd navigation system, heated leather seats, factory remote start. I have never lease a vehicle before, I do know that the standard miles is usually 12000 or 15000 miles. Can anyone give me some insight as to weather this is a fair deal, or am I getting ripped off Replies to this message: Car_man (Sep 17, 2007 1:55 am)
#40 of 90 2008 Outlook XR - good lease price by rtraversi Aug 17, 2007 (4:46 am)
I am looking at leasing a 2008 Outlook XR FWD. With the options (Prm, trim, conv. pkg, trailering pkg, 7 seat, XM) the MSRP is 33,705.   How do you determine what the capitalized cost will be? Also, does anyone know if there are any current lease deals out there right now for the 08 Outlook. I'd like to determine how much I can expect for a lease payment with either 0 or $2500 down.   Any information would be helpful! Replies to this message: Car_man (Sep 17, 2007 1:58 am)
#41 of 90 Re: Outlook XE AWD Lease - good price? [Car_man] by maverick8 Sep 04, 2007 (10:05 pm)
Replying to: Car_man (Aug 06, 2007 3:04 am) Hi Fernhill, Car_man, I have finaly given up on the hope of finding a suitably discounted LR3 and test drove several alternatives. The Outlook actually really impressed me as the space is incredible and unmatched outside the minivan. The drive was surprisingly pleasant; smooth, quiet, good handling with little body lean and great brakes. I like a stack of things about this beast and may well pick it over 2 other options. However pricing and how well my money works for me is very important so Car_man, do you have the current Residual and buy-rate M.F for 24 & 36 months on an 07 or 08 Outlook XR AWD? Saturn's seem such a dark art when it comes to the whole pricing thing.   Thanks, Replies to this message: maverick8 (Sep 07, 2007 9:30 pm) maverick8 (Sep 10, 2007 10:03 pm) Car_man (Sep 17, 2007 2:07 am) kmurray5 (Oct 17, 2007 4:08 am) Car_man (Oct 23, 2007 2:04 am) and 4 more...
#42 of 90 Re: Outlook XE AWD Lease - good price? [maverick8] by maverick8 Sep 07, 2007 (9:30 pm)
Replying to: maverick8 (Sep 04, 2007 10:05 pm) Folks, response from a CA Saturn dealer yesterday: Outlook XR AWD over 24Mths 10k PA = 70% residual & 6.45% Outlook XR AWD over 36Mths 10k PA = 65% residual & 6.45%   OK so nobody gets to have their cake and eat it right, but 6.45% is a joke of a rate. That equates to a MF of approximately 0.00269 !!! or almost 4x what I have been quoted on Mazda CX9 (0.00064 / 1.54%) !!!!   Now I appreciate that these -inflated?- residuals are massive, but the MF is an insult. I fully intend to qualify this fact tomorrow, watch for update. Replies to this message: maverick8 (Sep 10, 2007 10:03 pm)
#43 of 90 Re: Outlook XE AWD Lease - good price? [maverick8] by maverick8 Sep 10, 2007 (10:03 pm)
Replying to: maverick8 (Sep 07, 2007 9:30 pm) Sorry for the delay folks, but yes you guessed it; MF in my post was accurate. Oh well time to play with the lease spreadsheet again I guess. We are literally split down the middle of 2008 Outlook XR AWD vs. Similarly equipped 2008 CX9 .... the cost per month suddenly starts playing a real part here. BTW, anyone have a guesstimate as to whether finance numbers might improve for 08 next month??   Thanks folks,
#44 of 90 Re: Lease Deal [mdurso] by Car_man HOST Sep 17, 2007 (1:55 am)
Replying to: mdurso (Aug 13, 2007 4:34 pm) Greetings mdurso. Since you have never leased before, 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.   I would be happy to give you my opinion of this deal, but you never mentioned the selling price or MSRP of the Outlook that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing what this vehicle's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. Let me know what these numbers are and I'll tel you what I think.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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