Last post on Jan 21, 2010 at 3:12 AM
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Saturn Outlook, Car Leasing, Car Buying, SUV
#157 of 176 2008 Outlook XE AWD deal
May 13, 2008 (5:27 am)
Hi everyone. I just completed a lease deal last night for a 2008 Saturn Outlook XE AWD. MSRP was $31245, GM "employee" discount (I work for Comcast) took it down to $30,151. I didn't want to put money down but was willing to trade in my wife's 2000 Subaru Forester L to buy down the monthly payment. Honestly, I couldn't see myself fixing the car and trying to sell it for much more than what they were offering on the trade, so I was OK with a trade-in on the lease. Plus the $500 for "converting" from Subaru to a GM car. Overall, I got 3-yr 36K miles for $368.10. I told them to take out the car car maintenance from the lease and I would purchase it outright (saving almost $200 in add'l costs) and they offered 12-month no interest. Overall I'm pleased with the deal. Just wanted to get your opinion / feedback. I thought maybe I would have more leverage given the current market, but this to me seemed a fair and competitive deal.
#158 of 176 Re: 2008 Outlook XE AWD deal [macca2008]
May 14, 2008 (1:48 pm)
What were the specifics on the trade...how much was the trade-in on the Scooby? Did you final price include doc fee, tax, title, etc.?
Sounds like a good deal...where is the dealership?
#159 of 176 Re: 2008 Outlook XE AWD deal [cyclone4evr]
May 15, 2008 (6:28 am)
John, the trade-in was $3,700. It needed brakes (pads and system), had scratches on each front door, chip in windshield, etc. Nothing that didn't surprise me. I think the blue book value was around $4K, but overall I was OK with the trade. Final price included doc fee, tax, GMAC fee, etc. I wanted to have my wife drive out of the dealer without having to write a check or put any cash down. Success. I actually had to put down $74 downpmt on the car care maintenance because I opted to pay the 12-month no interest option instead of financing the maintenance through the lease.
Dealership is Saturn of Mt. Laurel in South Jersey. Very nice staff there.
#160 of 176 timing of outlook lease
Jun 03, 2008 (11:09 am)
I am thinking of leasing an outlook but I have flexibility of when I return my current leased car. When would be the best time to lease an outlook? December when dealers are trying to meet yr end quotos? I heard August before 2009 become available. Next yr? What kind of lease incentives are out there. I am a AAA member will that help me?
#161 of 176 Re: timing of outlook lease [disney2]
Jun 05, 2008 (5:46 am)
You may want to hold out for a 2009 model, as it will likely have the Direct Injected version of the 3.6 liter engine that will have 15 more horsepower AND supposedly get better fuel economy.
#162 of 176 Help with Outlook Lease
Jul 10, 2008 (11:48 am)
I could really use some advice. I am looking to lease a 2008 Outllook with a selling price of 34629. The dealer offered me a 36 mo. lease with 2000 down plus my trade which is worth about 1500. With 15k miles per year my payment is 435. Can I do better than that? The price is based on sticker of 36550 minus GM discount plus 995 (not sure what that's for). Thanks for your help!
#163 of 176 Re: Help with Outlook Lease [dschneider]
Jul 11, 2008 (2:21 am)
Hi dschneider. You really would be better off going with a zero down lease than putting $3,500 down. Consumers who make large down payments on leased vehicles risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered.
If I was in the market for any new General Motors vehicle, I personally would shoot for a selling price that's right around dealer invoice. You can look up the invoice price of the exact model that you want by visiting the New Vehicle Pricing section of Edmunds.com. Once you arrive at a selling price that you are comfortable with, have the dealer calculate your truck's monthly payment using its base lease rate of 6.25% and you're all set.
Prices Paid: Buying & Leasing Experiences Forum
#164 of 176 Lease Help
Jul 11, 2008 (6:33 am)
We're looking at a Saturn Outlook lease for a 2008 XE AWD with the additional items being remote start, backup sensor, and special paint. The MSRP is $32600 here in NJ. I'm working on a lease with no money down (just $1495 to cover the basics) for 39 months and 12k. The dealer has quoted me a monthly payment of $351. I know the details need filling in but is this a godd deal?
#165 of 176 Re: Lease Help [geo16]
Jul 11, 2008 (7:33 am)
Seems low to me. Which dealership in NJ? Thanks.
Jul 11, 2008 (8:07 am)
Sorry fro spazzing out. The monthly was $451 (not $351). Dealership in Morristown. The residual is 62% and supposedly the car is selling for $31600.