Date: Mon, 13 May 2002 16:21:56 -0400 From: "DJK" <djkertisnopsamo.com> Subject: Re: Saab Lease Deal
Steve, Why such a bad deal. Since I probably would like to keep it at the end of the deal, it seems to me it's better than buying the car. I can get a 9-5 at $4000 off the price ($3000 or so below invoice) of a car and then make payments on it interest free for 3 years. -Dennis "Steve Alpiner" <stevealpinernopsamail.com> wrote in message news:S_UD8.43074$WR1.39621nopsamnsc01... > 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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