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A 2002 model is 4 years old. Did they sign a 4 year lease in '02, or did they lease a 2 year old CPO car in 2004?
Three possible explanations:
1) Lease rates are calculated using MSRP, Residual, and current interest rates. I seem to remember Saab playing with Lease rates by using unreasonably high residuals a few years ago in an effort to make leases very cheap.
2) GMAC is being forced to pay high interst rates to investors for the money they in turn lend to auto buyers because of GM's current poor financial position.
3) With the introduction of the 9-3SS Saab has moved the 9-5 upmarket slightly in price. In 2002 you could get a nicely equipped one for under $30,000 out-the door!
posted by 68.40.14...
_______________________________________
Saabs owned:
2008 9-5 Aero Sedan, sold at 227K miles
2006 9-3SC 2.0T - Wife's daily driver
2000 Viggen Convertible - Sold May, 2022
1964 Quantum IV Formula Car - Retirement project
2000 9-5lpt Sedan, sold at 318K miles
Posts in this Thread:
- 2006 9-5 lease deals? Why so expensive vs '02?, AlexA, Mon, 24 Jul 2006 15:02:54
- Not essentially the same car....., Mike Lynch , Tue, 25 Jul 2006 14:32:06
- Selective memory......, Mike Lynch , Tue, 25 Jul 2006 14:15:00
- the s60 is quite a bit smaller - especially in back nm, Stan, Tue, 25 Jul 2006 09:52:11
- Not my experience in Canada, TRandell, Tue, 25 Jul 2006 04:47:04
- Sticker Shock, Stephen Goldberger, Mon, 24 Jul 2006 17:18:42
- Just curious....., MI-Roger , Mon, 24 Jul 2006 16:59:06 <-- Viewing This Message
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