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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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#52 of 90
Re: Outlook XE AWD Lease - good price? [Car_man] by kmurray5
Oct 17, 2007 (4:08 am)
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Replying to: Car_man (Sep 17, 2007 2:07 am)

Car_man,
I am being told that the residual % on an 08 XR AWD is 63% on a 36 month, 12k mile lease (vs 64% on a 36 month/15k lease mentioned above) with a lease rate of 6.45%. Can you confirm which is accurate?
#53 of 90
Re: Outlook lease deal - any good? [coco7322] by scdgoofy
Oct 17, 2007 (10:53 am)
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Replying to: coco7322 (Oct 16, 2007 4:20 am)

Coco,
I think it would be tough to get a vehicle equipped the way you want it in the $400's. I ran a million different scenarios on cars equipped in the $35 to $36k range and nothing hit that magic $480-$490 mark.
 
One thing to make sure to confirm with the dealer is whether you're putting money down (cap cost reduction) or paying drive off fees only. They might say, 'The price is $525 a month w/ $1,000 down," and then still charge you another $800 or $900 for drive off fees.
 
For mathematical purposes, consider that for every $1,000 you put down to reduce the capitalized cost of the car, your monthly price will go down about $30. Generally speaking, putting money down on a lease isn't advisable. Do so only if you want to reduce your monthly payments by a bit, but putting a ton down on a lease kinda defeats the purpose.
 
Good luck! Let us know what you end up with. -scd
#54 of 90
Re: Outlook lease deal - any good? [scdgoofy] by coco7322
Oct 18, 2007 (4:11 am)
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Replying to: scdgoofy (Oct 17, 2007 10:53 am)

Hey, thanks for such great information. I got an offer for 1000 down and 525 a month. No other fees to be paid. This is for the Xr outlook fwd, with the leather, conv package, enhanced package, audio pack and dvd. What do you think about this offer? Do you think it is good? Are saturns usually good cars?I have never had a Saturn and I do not know if they will turn out good. This offer is for a 48 month with 12,000 miles. I told the salesperson that we would go by next Fri to take a look at the car and see if we can get a little lower month payment. Do you think we can possible get this car for around 500 a month?
#55 of 90
Re: Outlook XE AWD Lease - good price? [kmurray5] by Car_man HOST
Oct 23, 2007 (2:04 am)
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Replying to: kmurray5 (Oct 17, 2007 4:08 am)

Hi kmurray5. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Saturn Outlook XR AWD with 12,000 miles per year are 6.45% and 66%, respectively.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#56 of 90
Outlook XR FWD Residuals? by msjhsap
Oct 29, 2007 (8:03 pm)
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I don't know who to believe. I have been told by two Saturn dealerships that a 39 month 15K XR Outlook residual is 60% (6.45% is accurate). Do residuals change from from state to state? I am in Northern California. Is there a GMAC website that I can reference with these numbers? When I referenced your numbers they told me "Edmund's numbers can't be trusted... they are estimates." They showed me their sheet and it did say 39 months 15K was 60%. Also, does the $500 from GMAC only apply to buys or SmartLeases as well? By the way... Saturn deals just like anybody else. They dropped $500 from the MSRP just so I would not go to another dealership.
#57 of 90
Re: Outlook XE AWD Lease - good price? [Car_man] by maverick8
Nov 04, 2007 (9:47 pm)
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Replying to: Car_man (Oct 23, 2007 2:04 am)

Car_man, I really appreciate both your insight and patience with all of us in here. It may seem like we constantley ask the same questions, and ... I guess we do some of the time. The challenge is that we often get differing stories from separate dealers. I am not convinced that aving a rapport with a sales person at a dealer will ensure that I am getting the true facts from them, ... especially when they ralize that I qualify for supplier pricing!
 
I have spent too long trying to decide btween Outlook and CX9, I am now ready to buy an Outlook assuming the numbers stack up favourably against the Mazdas.
 
Please can you confirm the November Residual and MF for the following:
2008 Outlook XR AWD - 10k miles PA, over 36 / 39, and I was told that there is a 30 month lease?
 
I have recently been quoted: 6.45% across the board with: 36-65%, 39-64%, but then yesterday another dealer told me 6.45% with: 30-64%, 36-61%, 39-60%! This puts the Outlook OUT of the running!
 
I'm ready to ready to sign for a Silver with black interior with: PCK, UR3, PDC, PDD, and TVD if the numbers play out. Please note NorCal dealers.
 
Thanks,
#58 of 90
Re: Outlook XE AWD Lease - good price? [Car_man] by johnbrain
Nov 06, 2007 (4:40 pm)
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Replying to: Car_man (Oct 23, 2007 2:04 am)

"Hi kmurray5. GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Saturn Outlook XR AWD with 12,000 miles per year are 6.45% and 66%, respectively."
 
Is this still the case in Nov.? I was looking at the Acadia but the loaded Outlook appears to be a much better deal.
#59 of 90
Any lease specials coming up? by garrick
Nov 23, 2007 (6:01 am)
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Anyone know of lease specials coming up on the Outlook?
#60 of 90
Re: Outlook XR FWD Residuals? [msjhsap] by Car_man HOST
Dec 05, 2007 (3:09 am)
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Replying to: msjhsap (Oct 29, 2007 8:03 pm)

Hi msjhsap. Vehicles' residual values should be the same across the entire country. I am pretty sure that GMAC's current residual value for a 39 month lease of a 2008 Outlook XR with 15,000 miles per year is 63%. I don't believe that GMAC provides information on its lease programs directly to the general public. The $500 customer cash that GM is currently providing on this truck is not compatible with its lease program.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#61 of 90
Re: Outlook XE AWD Lease - good price? [maverick8] by Car_man HOST
Dec 05, 2007 (3:15 am)
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Replying to: maverick8 (Nov 04, 2007 9:47 pm)

You're very welcome, maverick8. I'm always glad to help, unless I haven't had my coffee yet . According to the latest information that I have seen, GMAC's current base lease rate and residual value for a 36 month lease of a 2008 Saturn Outlook XR AWD with 10,000 miles per year are 6.45% and 69%, respectively. The numbers for an otherwise 39 month lease are 6.45% and 68%. I haven't seen this truck's 30 month lease program but one might be able to lease it for that long. If so, the lease rate would be the same, but the residual value would be a little higher.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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