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Re: 2002 9-5 Linear wagon prices
Posted by Fritz [Email] (more from Fritz) on Mon, 25 Mar 2002 22:11:14
In Reply to: 2002 9-5 Linear wagon prices, Jonathan, Mon, 25 Mar 2002 18:10:11
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People recommend leasing because of the very attractive money factor and other Saab incentives; not because of the poor residual. In fact, the poor residual means you'll be paying more depreciation per month than with a comparably priced vehicle that holds its value better over the term of the lease.
I just leased a new 9-5 Linear sedan. Saab has lease incentives on the Linear Sedans and Wagons including $2,000 I$3,000 if you buy) off the lowest price the dealer will sell you the car for which should be near invoice. You can also qualify for Saab owner loyalty (another $500) if you've owned a Saab. The money factor on the 9-5 lease is currently 0.00005, which equates to an interest rate of below 1.0%.
The bottom line is that with these leases you will be paying very little rent on the car, and almost all of your payments will go towards depreciation. So if you plan on buying the car at the lease end you'd be able to have a near interest free loan for three years.
posted by 166.102.5...
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