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Saab 9-3 Lease Questions



  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Greetings squire3. Since this is your first time leasing, you definitely should check out the following informative articles that are available here at prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    You never mentioned the selling price of the car that you are interested in leasing. This is an important number 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 the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.

    Prices Paid Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi umbelwheat. I believe that GM Card points can be used to reduce the capitalized cost of a leased Saab.

    Prices Paid Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Unfortunately, zhulick, the $3,000 customer cash that Saab is currently providing on the 2007 9-3 is not compatible with its special lease program.

    Prices Paid Forum
  • jsf99jsf99 Posts: 10
    Is that true? My understanding was that the GM card could not be used for Saab purchases or leases.
  • cohyecohye Posts: 2
    Hadn't thought about a lease til' recently. Please walk me though this. I don't know if the the lease pricing I received last nite reflects my Cust Loyalty.

    Auto, 60th Aniv & moonrf
    MSRP: $32965.
    Selling price $31665.
    27 month lease with 15k mileage and only driveoffs of $790.27 payments are $476.77 with tax.

    This is their internet price so I haven't really started to break down if I should take the $4k cash + $1k loyalty and buy cash or if I should lease. One things for certain $1300 is way above Invoice. Any advise?

  • htimsdjhtimsdj Posts: 1
    Hello -
    I am looking to get a 2.0T Sportcombi in July. What are the residual and interest rates currently.

    Also, if you want to laugh, look at the following quote I got today:
    2007 2.0T SC
    Metallic, Auto, Premium 16, Cold Weather, Rails
    MSRP 32735
    Lease: 499 per month, 2995 down, plus tax, ...

    I didn't know whether to laugh or hang up. :mad:

    thanks for any help. I hope to drive a hard bargain. :)

  • j1mbo01j1mbo01 Posts: 13
    I am interested in a lease on a Saab 9-3. I was quoted 322 a month with 1500 down, this includes all taxes and fees. This seemed high to me. It is on the base 9-3 with the manual transmission. I was wondering what the residual for this car would be after 27 months. Also, I calculated a lease out myself and came out with 275 a month with just first month payment down and a 600 acquisition fee and 7 percent interest. Could someone let me know if the 271 price is realistic? I used a selling price of 22000 based on what cars direct gave me. Thanks
  • I don't think 22,000 is realistic. Based on Edmunds TMV a base 9-3 should be about 26,000. The $4,000 Saab cash back does not apply to a lease. I just leased one for 27 months and 15,000 miles and I got a rate of 3.5% and a 68% residual. 322/month sounds like a good deal.
  • Hi, any thoughts on this quote I got from a local dealer?

    2007 9-3 Saab 60th Anniversary

    MSRP $31,920
    Selling price $30,395
    Lease rate 3.35%
    Residual value $22,714
    27 months 12,000 miles a year $388 a month with tax included.
    The total due at signing is $388 first payment, $400 security deposit, $695
    acquisition/bank fee, $204.50 reg fee, $125 doc fee, and $7.50 tire tax=

    Thanks in advance!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi jsf99. I have never personally tried to use GM Card points to lease a Saab, but I don't see why one could not do so. GM owns Saab and most of the company-wide incentives that it runs are available on them.

    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Greetings cohye. The car that you described has a spread of around $1,600 between its full MSRP and its dealer invoice price. Saab is currently providing $500 owner loyalty cash on leases of this model. When this incentive is added in, you have a total of around $2,100 to play with. The $1,300 discount that you are being given puts your at around $800 over invoice, which isn't bad. The $4,000 customer cash and $1,000 loyalty cash that GM is providing on this model are not compatible with its special lease program.

    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello Jeff. This car's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Saab Financial Services' current base lease rate and residual value for a 36 month lease of a 2007 Saab 9-3 2.0T Sportcombi with 15,000 miles per year are 3.5% and 56%, respectively.

    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi j1mbo01. Are you talking about a base 2007 Saab 9-3 2.0T Sedan? If so, Saab Financial Services' current 27 month residual value is 68% for leases with 15,000 miles per year. I would be happy to estimate what your monthly payment should be like on this car right now, but in order for me to do so I need you to provide me with the exact MSRP of the model that you are interested in. Let me know what it is and I'll crunch some numbers for you.

    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi swedishcar. Let's take a look at the deal that you were quoted. The car that you described has a spread of around $1,600 between its full MSRP and its dealer invoice price. The $1,525 discount that you were quoted on it looks very attractive to me. Furthermore, the 3.35% lease rate that you were quoted is right in line with Saab's base rate for this model. If you like the car, I personally don't see any reason not to go for it. If you do end up pulling the trigger on this deal, make sure to stop by the new Dealer Ratings & Reviews section to share your thoughts on the experience.

    Prices Paid: Buying & Leasing Experiences Forum
  • dhanleydhanley Posts: 1,531
    "Hi jsf99. I have never personally tried to use GM Card points to lease a Saab, but I don't see why one could not do so."

    Unfortunately, GM specifically excludes saab and saturn from gm card points. I have a GM card, and these are the only GM cars i like, so it's sort of a waste for me. :)
  • al2007al2007 Posts: 1
    I've got an offer for 2007 Saab 9-3 2.0T, auto, metallic paint, cold package, sunroof with MSRP of $30,645 on 27mo lease 10,000 mi/yr of $333/mo with $3,130 down including NY tax. Is it a good deal or should I still shop around? Being a novice to car leasing, any piece of advice will be greatly appreciated.
  • jsf99jsf99 Posts: 10
    I think that you could do a bit better on that vehicle, although you should find out what the selling price is, compared to invoice. I have received quotes this past week for leases at invoice.
  • ronsfronsf Posts: 1
    Would love any feedback on this lease opportunity. Seems a bit high, but not sure.

    - 2007 9-3 Wagon 2.0
    - MSRP: $30,790.00
    - Price: $30,000

    For a 3 year lease: 12K miles, 3.5% Rate, 59% residual, $452/month with $770 down including tax & reg.

    For a 2 year lease, same terms 72% residual, so $466/month.

  • mahobamahoba Posts: 2
    I was under the impression that dealers had to use the lease rates and residuals put out by Saab. I'm getting quotes for lease rates on a 9-3 sedan from 3.85% to 4.85%. Guess I misunderstood.
  • ddemayoddemayo Posts: 1
    Hey Car_Man -

    I am looking for a Saab 9-3 Anniversary Edition lease. I was offered $399/month for 12k mile 3year with 2500 down.

    Is this a good deal? This was just the first estimate from one dealer that I called.

    This is my first car I have ever leased so don't know much of what i'm doing with allt he numbers listed in these threads.

    I am on Long Island, NY.

    Let me know what I should shoot to pay. Thanks!
  • I was wondering if anyone has looked into using another lease source (Independent Bank, etc) so you can take advantage of the $4000 rebate? Same idea as what Volvo is doing with their S40 leases right now.
  • I,m clueless as to how the lease financing works. I see the 3.5% and 56% I need to know how to do the equation to see it in dollars and cents. I have a 2004 Saab Arc (lease) that is due to be up next month. I paid $339.00/month w/15k for 36 months. If soneone can tell me how to figure out the way leases are figured out at the dealership, I'll feel better about not getting ripped off.
  • Hi all. I'm going to lease a 2007 Saab 9-3 base model (only option is cold climate package) and wanted to share my experience.

    2007 Saab 9-3 2.0T
    Polar White
    Parchment Leather
    Cold Climate Package (heated seats, headlamp washers)

    MSRP: 27,545
    Sell Price: 27,045
    Invoice: 26,528 (per what the dealer showed me)
    Rate: 3.35%
    39 mos & 12,000mi/year
    Residual: 58%
    No down payment
    Drive off is 1st month's payment, reg fee, refundable security deposit, tag and title ($1127.88)
    Monthly Payment: $387.88 including tax.

    How does that look?

    I enjoyed my experience with my local dealer, one of the best car shopping/buying experiences ever. Absolutely no pressure whatsoever. I've never leased before, so hopefully that deal is ok.
  • uncjediuncjedi Posts: 2
    Hi Car_man, or anyone else that can answer this...

    Just got back from my local dealer, and was wondering if this is about as good as I can do on this...

    2007, 9-3 2.0 sportcombi
    cold climate package
    roof rails
    3800 miles- loaner/program car

    price- $29,935

    Now here's where it gets a bit sticky. I am attempting to roll over around $3700 in negative equity in a Tahoe that I have that I need to get out of. I don't know if that price includes the negative equity or not... I assume it does...?
    Does that sound about right if so?

    Here's the offer I rec'd-
    39 month lease, 15k miles/yr
    $1000 down
    5% lease rate

    39 month lease, 15k miles/yr
    $1525 down- to also cover security deposit
    4% lease rate.

    A few questions-
    Does the 3.35% lease rate only apply to the sedan? That's what I was told... ?
    Does that appear to be a decent deal, given my circumstances with the neg equity?
  • uncjediuncjedi Posts: 2
    ok- I've gotten a little more info on the above deal that I was quoted...

    The sales price I've been quoted is $29,800, BEFORE the rolled over negative equity amount...
    They came back with another offer:
    $1725 down, covering taxes, 1st pmt, taxes (SC), and security deposit,
    sales price $29,800 (9-3, auto, roof rails, cold climate package, loaner 3800 miles)
    4% lease rate

    This doesn't sound like that great of a deal to me, given the sales price. From what I've read on here, the sales price should probably be lower. What's the prevailing opinion? What's the invoice on this car?

    The car has a sticker of $30k and some change, but since it's a loaner, they have a sales price listed as $25,500- as a sale, not a lease I'm assuming.

    Still it looks like to me they'd be able to come down on that sales price... am I being too pesimistic?
  • Hey Car Man or anyone else knowledgeable,
    How does this sound on a Saab 9-3 Lease w/ Anniversary Package, Automatic and Sunroof:
    27 months, 12K miles per year
    $1,328 Drive Off
    MSRP $32,370
    Cap Cost $30,169
    Residual $22,335
    Rate 3.35%
    $346/month before tax
  • I am being quoted $700 off $31,370 MSRP for 9-3 2.0 Sport Sedan with automatic and anniversary package. 56% residual for 39 months at 12k per year and 71% for 27 months which seem good, but being quoted 5.35% rate which seems high. $458 for 39 and $489 for 27 months. Seems I should be able to get to $400 or so if I can get 3.35% rate and tweak the price a little? In Twin Cities area.
  • Where are you located. In Twin Cities, I am being told lease rate is 5.35%, not 3.35% With $1000 drive off, I am being quoted $434!!!
  • Hey, just wondering what the 2 year leases are like on the 9-3 aero sedan and convertible? thanks
  • I have a 2004 9-3 Arc with 10 lease payments left. My warranty expired at 36,000 miles and I am at 42K. My car just started making a groaning/grinding noise with the brakes and have taken it to 2 places (one dealership, one local place) who both indpendently recommended that I needed to replace the rotars, pads etc... The cost of this job is in excess of $1000.00.

    Assuming this occurred at lease-end I could probably turn the car back in and not be out this expense due to "ordinary wear and tear". Unfortunately that is not the case and I still have to pay for the car for 10 more months. Does anyone have any suggestions for how I may resolve this either though early termination or some other way. Prior to this I would have considered buying out the residual but not anymore.

    I do not want to put $1000 into a car I am returning in less than a year.

    Any thoughts appreciated.
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