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March Madness - Good news bad news & 24 mos Posted by Mike Lynch [Email] ![]() ![]() |
Not all that bad actually. Saab used to have a geographic Bonus Cash of $750 out west and $1,000 back east, that's gone. Now there's $500 for 9-3 sedans and $1,000 for 9-3 Convertibles.
This is Bonus Cash which means it's a taxable rebate, not that the rebate itself is taxed, but taxable in the sense that sales tax is computed and then the rebate is deducted or the rebate is applied to the drive offs on a lease. Other Saab lease and purchase incentives are Saab to dealer incentives and can be applied pre tax, the exception being GM Employee/Supplier folks.
And Bonus Cash is on top off all the other lease and purchase incentives where applicable.
Advertised leases have gone from 36 months to 24 months, although 36 month payments should be very similar. So the $239 (or $229 out east) Saab advertised 9-3 Linear lease has gone to $249 'cause the incentive was $750 and is now $500. The 9-3 Linear Convertible lease has dropped from $399 to $389 'cause the incentive went up from $750 to $1,000. And again, everthing is advertised at 24 months although 36 months is still availible and still competitive.
Makes sense as there's not a lot of 9-3 sedans right now.
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