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Saturn Outlook Prices Paid and Buying Experience
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Hi I posted the message before you, in talking with my dealer about a 36 month lease (not mentioned above) he quoted a residual of 61% ($18,867.45) for an XE AWD with 15,000 annual miles. Seems like the % you were quoted is too low considering you are looking at only 12,000 miles.
fernhill
My ealer experience was this past saturday - I contacted another dealer today (trying to see if I could get a better price) they initially said their monthly price on a 15,000 mile a year lease for 39 months zero down XE AWD with employee discount was $447 a month. Then when I told them I had a nother dealer quote me $427 a month - they came back and said the lease rates changed today (they read the wrong rates) and that their price would be the $427. In addition he mentioned that the first dealer I went to was their sister dealer (which I think it is) and that they use the same rates. This would mean I am still in the 61%/6% range.
I emailed him back to see if he would give me a dealer in the area they were "sisters" with as I was trying to get the best price even though they have a no haggle policy. We shall see.
Good info, thanks. Looks like new leases options are back up on Saturn's website, with residuals 1 or 2 points down from the old offers. Still low 60s - so the 51% they gave me yesterday was a one day thing. Timing is a funny thing - I might have leased one yesterday but now I'm thinking of whether I really want to lease a vehicle. Good luck!
Wondering if anyone out there has tried to purchase an Outlook with a GM employee discount? How much off the MSRP does one get? Can the dealer tell you the discount prior to ordering the vehicle?
BTW....I noticed some earlier comments about GM Cards being ineligible for Saturns - This is definitely NOT the case in Canada. Not sure about US customers.
To answer your question, yes, the dealer will give you the exact price for any GM discoutn (Employee or Supplier) prior to purchasing/ordering the vehicle. Saturn, as you probably know, is a no-haggle dealer, so what you pay is what everyone else pays minus any incentives offered at the time of purchase.
Hope this helps!
I found this board after signing a lease on an Outlook. MSRP of $39,900. I think they did the residual at about 50% because it was about half of the MSRP. Also the payments came out to $629 / month for 39 months with $0 down. I thought that was high. I did not take delivery of the vehicle because the one with the options I wanted was on another lot. I found out that it had an imperfection in the roof rack. According to the info here, those payments look way too high. The sales manager was nice enough to let me cancel my lease without penalty.
And they did let me put 75 miles on another new Outlook while waiting for mine to be delivered. No charge even though I canceled.
I already have a 2002 SL1 and would definitely go with Saturn again.
They had the 2008 model come in last week fully loaded just like I wanted for the same price but say that Saturn has only authorized them for sale and not for lease. Perhaps when the 2008 gets a lease program, the 07 will get some decent incentives.
Also, is there any word on GM increasing production so the dealers stop their baloney?
Please respond to jfallon@edmunds.com before 4pm Eastern on Friday, August 3 with your daytime contact information and a few words about your experience.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
410.00 @ month, for 39 months w/ 2500.00 down and 10000 miles. The XR is loaded am/fm cd w/ dvd navigation system, heated leather seats, factory remote start. I have never lease a vehicle before, I do know that the standard miles is usually 12000 or 15000 miles. Can anyone give me some insight as to weather this is a fair deal, or am I getting ripped off
How do you determine what the capitalized cost will be? Also, does anyone know if there are any current lease deals out there right now for the 08 Outlook. I'd like to determine how much I can expect for a lease payment with either 0 or $2500 down.
Any information would be helpful!
Checked out the Saturn '08 Outlook today to replace our Volvo XC90 lease, which expires in a month. I really liked the Outlook... drove well, has a third row that you could actually access and sit in, and overall nice feeling about it.
That being said, is Saturn really the "non-haggle" dealership, or is there wiggle room in a lease negotiation? I am so used to crunching numbers that it makes me uneasy to hear from the dealership "these are they numbers and you don't have to negotiate".
With a house and car, you never pay the asking price... is this really different with Saturn? If not, any advice on how to work the best lease? (Looking for well equipped '08 XR in Southern California.)
Thanks!
Thanks,
Outlook XR AWD over 24Mths @ 10k PA = 70% residual & 6.45%
Outlook XR AWD over 36Mths @ 10k PA = 65% residual & 6.45%
OK so nobody gets to have their cake and eat it right, but 6.45% is a joke of a rate. That equates to a MF of approximately 0.00269 !!! or almost 4x what I have been quoted on Mazda CX9 (0.00064 / 1.54%) !!!!
Now I appreciate that these -inflated?- residuals are massive, but the MF is an insult. I fully intend to qualify this fact tomorrow, watch for update.
No-haggle equals no good deals.
Thanks folks,
I would be happy to give you my opinion of this deal, but you never mentioned the selling price or MSRP of the Outlook that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing what this vehicle's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. Let me know what these numbers are and I'll tel you what I think.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
2008 XR FWD
silver with gray leather interior
luxury package (which includes sunroof and leather)
touring package
advanced audio package
convenience package
enhanced convenience package
sticker - $35,650
36 months; 12,000 miles/year; drive off only ($925); monthly payment of $570 (including 8.25% CA tax)
-or-
48 months; 12,000 miles/year; drive off only ($832); monthly payment of $478 (including tax)
These decent figures, or should I wait until Oct?
We actually went ahead with a lease on an '08 Outlook. The dealership we were working with on a lease called and said they made a mistake on the 48 month lease price I quoted above. I think they were calculating the monthly based on the residual of the car at 36 months, not 48 months, so the math was all screwed up. The 48 month lease was NOT advantageous at all.
We found another dealer who offered us the '08 at $500 over invoice if we were AAA or Costco members. We put $1,000 down and paid $900 or so in drive-offs and got the following Outlook for $507 a month (including 8.25% tax, 39 months, 12k miles a year):
2008 XR FWD
Carbon Flash w/ black leather
luxury package (which includes sunroof and leather)
touring package
advanced audio package
convenience package
enhanced convenience package
trailering package
(basically everything minus nav and entertainment)
We did this deal in September, so I'm not sure what the Oct numbers are.
Gotta say, I love the car. Runs smooth, the wife and kids love it, people ask us about it all the time. Gas mileage blows after running two tanks through it, but that will likely improve as the engine breaks in.
Good luck! -scd
I am being told that the residual % on an 08 XR AWD is 63% on a 36 month, 12k mile lease (vs 64% on a 36 month/15k lease mentioned above) with a lease rate of 6.45%. Can you confirm which is accurate?
I think it would be tough to get a vehicle equipped the way you want it in the $400's. I ran a million different scenarios on cars equipped in the $35 to $36k range and nothing hit that magic $480-$490 mark.
One thing to make sure to confirm with the dealer is whether you're putting money down (cap cost reduction) or paying drive off fees only. They might say, 'The price is $525 a month w/ $1,000 down," and then still charge you another $800 or $900 for drive off fees.
For mathematical purposes, consider that for every $1,000 you put down to reduce the capitalized cost of the car, your monthly price will go down about $30. Generally speaking, putting money down on a lease isn't advisable. Do so only if you want to reduce your monthly payments by a bit, but putting a ton down on a lease kinda defeats the purpose.
Good luck! Let us know what you end up with. -scd
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
I have spent too long trying to decide btween Outlook and CX9, I am now ready to buy an Outlook assuming the numbers stack up favourably against the Mazdas.
Please can you confirm the November Residual and MF for the following:
2008 Outlook XR AWD - 10k miles PA, over 36 / 39, and I was told that there is a 30 month lease?
I have recently been quoted: 6.45% across the board with: 36-65%, 39-64%, but then yesterday another dealer told me 6.45% with: 30-64%, 36-61%, 39-60%! This puts the Outlook OUT of the running!
I'm ready to ready to sign for a Silver with black interior with: PCK, UR3, PDC, PDD, and TVD if the numbers play out. Please note NorCal dealers.
Thanks,
Is this still the case in Nov.? I was looking at the Acadia but the loaded Outlook appears to be a much better deal.
I haven't seen many on the road( Chicago Area). Anyone out there a recent purchaser and can share price paid, availabilty etc.? Would appreciate any tips. Plan to use Internet Sales.
Also, anyone familiar with details of "GM Supplier Discount".
Thank you!
I loved the fact that there weren't too many on the road when I bought mine, but now that I own one, I am seeing them "everywhere" so-to-speak. I've owned several new cars in the past (including a Saturn vehicle) and I can honestly say that this is the best vehicle I've ever purchased.
Because my last car was a Saturn I wans't going to get another one--just wanted to try something different. But, after researching the new vehicles in this class, I couldn't find another that surpassed all the Outlook has to offer. I absolutely LOVE my Saturn Outlook!
Good luck to you!
Hopefully, we'll end up as pleased as you are. Thanks again!
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
This is different from what you stated and I wanted to know if the residual value difference is due to it being a FWD as opposed to a AWD. does this make a difference?
thanks
I am thinking about leasing a 2008 Saturn Outlook XR AWD by the weekend. The sticker is $35,000 and change with destination charges. I am planning on putting down $4000.00 down in total, 15,000 miles per year, for 39 months. The dealer quoted me $440.00 per month including tax.
Can someone please tell me if this is a good deal?
I thank you in advance,
Jesse
Can you provide the January Lease numbers for the 2008 Outlook(I'm posting in the GMC Acadia forum too)? I have a lease calculator, just need the MF/lease rate and residuals. I am specifically interested in a 36-39 month lease w/ 12k miles in New Jersey.
Thanks a lot for your help.
Just wanted to post my buying experience. I've been researching the Outlook since it came out and finally decided to buy one
I wanted a base Outlook XR with only the 'Trailering Pkg' as an option.
I wanted either an Ocean Mist or Silver exterior with an ebony cloth (8-Passenger) interior.
December 29, 2007 I drove to Los Angeles to make a deal on my Outlook. Was able to negotiate invoice pricing.
Purchased a 2008 Saturn Outlook XR
Silver exterior with Ebony interior
8-passenger / cloth seats.
Options:
Trailering pkg
Navigation with ‘backup camera’
Convenience Pkg (Remote start and
Power lift gate)
Price:................... MSRP......Invoice
............................. 30,190.....28,530
Opt Equip
UZR TouchScreen....2,340......2,176
Navigation
PCU (with UZR) ....... 685.......637
PDC Conv Pkg..........870.......809
V92 Trailering Pkg.....425...... 395
Destination Charge....735......735
Total with Options.....35,245.....33,282
I offered 33,200 before the $500 Discount.
Price paid: $32,700.00 before taxes.
They wanted to add $695 for ‘paint protection’, $195 for ‘pin stipes’ and $350 for “marketing fee’. I said no to all these.
I hope this helps. As you can see, some Saturn dealers are dealing.
Did they charge you any extra fees (doc fee, etc...)?