Some 9-3 Lease details - Saab NG900 & OG9-3 Bulletin Board - Saabnet.com
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Some 9-3 Lease details
Posted by JC (more from JC) on Mon, 25 Feb 2002 17:17:11
In Reply to: 9-3 Lease details, Skip_S, Thu, 21 Feb 2002 21:11:51
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After much contemplation, decided to take the plunge on Friday. 2002 93 SE, Premium pckg, heated seats, metallic paint (Hazelnut w/ beige interiors), manual trans.
MSRP is $31,565.
Invoice should be $29,526.
I'm getting a price of $26,946 (almost $2,600 UNDER invoice).
This included the so-called "Saab Loyalty Discount".
Residual is 48% of MSRP or $15,151.
Total payment at lease inception: $1,500 (which includes any fees such as security, application, first month, etc..). Actual Cap Cost Reduction according to their print out is $961.
Money factor seems to be 0.000964 or about 2.3% APR. (The salesperson sheet listed 0.00048 but that doesnt match the final monthly charge of $361 / month, so I did the calculation backwards to come up with the real financing charge).
36 months, 12K miles per year
The current Saab USA promotion is a heavily subsidized deal ($359 for 36 mo. with $1229 at lease inception for a SE with heated seats, no premium nor metallic paint). I will end up getting a better equipped car, for an extra $2 per month and an extra $150 down. Saab is giving these cars away!!!! ... at least in the NJ area....
JC
2002 93 SE (waiting for delivery on Thursday)
1994 900S Convertible (I'm keeping this classic).... 131K miles
posted by 192.4....
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