Date: Mon, 13 May 2002 20:04:02 GMT From: stevealpinernopsamail.com (Steve Alpiner) Subject: Re: Saab Lease Deal
Dennis: This is a terrible deal! Remember, when you lease a car, you will have nothing to show for your payments at the end of the lease. Thus, the $4,000 cap cost reduction is simply flushing money down the drain. You'll never realize anything as a result of that "investment." All it buys you is the ability to make lower monthly payments. I have leased 11 cars, and have NEVER put down a dime (including 2 Saab 900s in 1997). This is a key component of any sensible lease deal. Keep in mind that many elements of a lease are negotiable, and this is one of them. When the payments without a cap cost reduction are too high, I have simply looked at other options. Be sure to check with ALL lease companies with whom the dealer has relationships. Try GECAL or Wells Fargo if SAAB Financial Services won't cut a better deal. Actually, you should compare them all, anyway. In article <abp1di$5it$1nopsame.itg.ti.com>, "DJK" <djkertisnopsamo.com> wrote: >Hello, > >I am considering leasing a SAAB 9-5 because of what seems to be a very good >deal right now ($4000 cap cost reduction + <1% interest.) I do not really >need a new car right now, but this seems like a deal I might not want to >pass up (my only chance to afford one.) > >My question is, does SAAB (GM) offer deals like this a lot? If I pass on >this will there be a similar deal in 6 onths or a year? > >thanks in advance, >Dennis
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