Suzuki XL-7 Prices Paid and Buying Experience
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A couple dealers here in the Chicago area said that Suzuki Financial is offering a "balloon" lease on 2007 XL-7. The way it was explained to me seemed very much like the old GM SmartBuy program.
Could anyone please provide any insight on this program?
Thx.
You'll want to look at the contract for details on turning the car back in, possible end of contract charges, etc...
Usually, they push balloon notes in states where the tax laws make leasing disadvantageous... Where do you live?
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Unless you have a business tax deduction, it does not make much sense to lease in Illinois.
Unless there is some kind of promotion, you'll usually do better with a straight purchase.. The interest rates on balloon notes is usually fairly high.
regards,
kyfdx
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Edit: I financed with my credit union, no weird balloon financing contracts here.
MRSP:
Invoice Price:
Rebates: (The web site shows $3500 in rebates for a 07)
Extra fees (doc fee, prep, etc...):
Price Paid before TTL:
Thanks
MRSP: $26,999 + 650 freight = $27,649 (you can get this price from Suzukiauto.com)
Invoice Price: $26,569
Rebates: $2,500 cash - $1,000 owners loyalty -2,249 negotiated discount (Actually the web site shows $2,750 + 1,000 owners loyalty in rebates for a 07 in November)
Extra fees (doc fee, prep, etc...): $169
Price Paid before TTL: $21,900 + $169 - Trade
Hope this helps. Like I said maybe November will get you $250 more because of the rebates. If you want the name of the salesman give me an email address.
Please reconfirm the option package.
This is what Edmunds shows for a 07 AWD Luxury:
(I could not find 07 prices on the web site)
07 MSRP: 26,849 with shipping
Invoice: 25,801
$26,849 - 22,069 = $4780 ($3500 in rebates and $1280 discount)
Roughly, $3780 below invoice.
Do you have a copy of the car's window sticker and invoice from the dealer?
Thanks
It is a Luxury 5 seat AWD WITH Sunroof.
I do have a copy of the invoice and the window sticker but they are at home.
It still $26,849 + 800 = 27,649 - 21,900 = 5,749 (3,500 in rebates and $2,249 discount)+ 169 paperwork
$4,669 below invoice.
I am not including the paperwork as part of the MSRP, if you do, you will have to add it to the $27,649.
Please get all your paperwork and re-post.
Thanks
http://www.edmunds.com/suzuki/xl7/2007/index.html#search=open.eq..amp.p.eq.cvehi- cledata%23%23-1%23%23-1%7E%7Ef64%7C%7C535556%7E%7Enf13%7C%7C2432354b202d20243335- 4b
07 Luxury w/SR (5 Pass) $4500 below invoice ($3500 in rebates)
Good Luck.
I paid $20031.95, that's over $5000 off. Which included year-end rebates, owner loyalty rebate and dealer discounts (tax, title and DVM fees were separate).
And the dealership paid off the balance of my 2006 Grand Vitara (I had the vibration problem with mine and premature tire wear. ASMC didn't do anything meaningful - the dealer/sales manager stepped up to the plate and delivered).
I'll be posting a separate message regarding my fuel economy in the Real World MPG Forum.
Regards,
Dave
Total MSRP (do not include dealer add ons)
Total rebates: (I think it is $3,750.00)
Invoice Price (Should be about $1K below MSRP)
Total Paid (w/o TTL, but include any extra fees)
W/O your trade it sounds like your deal is about $3,750-4000 below invoice price (roughly equal to the rebates).
What was your trade worth? How much did they give you for it?
Thanks
07 Luxury w/SR (5 Pass) $4500 below invoice ($3500 in rebates)
With $3750 in rebates for 07s, surely someone can get $5K below invoice.
Good Luck.
FYI, I read in Wednesday's WSJ, that Suzuki has the worse resale value of any care sold in the US.
Good luck with your XL7, the car looks nice.
07 Luxury w/SR (5 Pass) $4500 below invoice ($3500 in rebates)
With the large rebates on 07s, surely someone can get $5K below invoice.
Good Luck.