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Sept progams status quo, supply dwindling... Posted by Mike Lynch [Email] ![]() ![]() |
Lease residuals have gone down, rates have been adjusted and incentives have increased to effectively produce the same payment. I recalculated a 9-5 Aero lease and it was $3 a month less for September.
The highest Saab 9-5 lease rate for 36 months is an equivalent 1.32%! And the 24 month lease rates are all virtually zero or a 0.02%, that's 2/100ths of a percentage point, pennys a month.
Purchase incentives remain identical, as high as I've ever seen 'em. And there's still 0% for 60 months, but please TAKE THE INCENTIVE. I put that in caps for 9-5 folks as the incentives are far greater than any finance charge at normal rates or 5%ish. Take the incentive, pay the 5%ish normal finance charge, and your payment will be less than 0% and no incentive.
I lost a deal last week 'cause I couldn't find a "no option" Arc in a normally, easy to find, popular color combo. What's left tends to be the more equipped cars.
posted by 63.197.222...
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