Date: Wed, 05 Feb 2003 02:59:10 GMT From: "Sandstones" <sandstonesnopsaml.com> Subject: Purchasing car at end of lease from Saab
I have a 2000 Saab convertible that has its lease up in four months. Saab USA gave me a purchase price that is below what the lease contract said, but is still more than today's retail Kelly Blue Value, and I'm sure 4 months from now the value is less. Saab claims the price is set by an insurance policy they deal with, and there is no negotiation at all. However, I am not going to pay more than the car is worth - presumably I could wander into a dealer and buy it used for less than they want. Saab also said when they get it back the car is going to be sold at auction. Since I assume the auction price is more like the wholesale price, that's at least a $5000 difference. I would think that someone in that chain involving the insurance company would like to get more than the wholesale value for the car, but don't have a clue on how to find out who that party is. Anyone have any thoughts?
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