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I was told the upgrade for the audio system should be available in March to improve the current system to a 300-watt system with
four additional speakers. The radio upgrade will be approximately $450.00. He did not know if that includes installation or just the part.
That is pretty expensive, considering there are cars that are half the price of the 9-3 with better stock radios. =8(
After going through too many posts, I am no closer to figuring out if I am looking at a good deal. I am considering leasing a Saab 9-3 Linear (Launch, Touring, Heated Seats, Metallic Paint). How do these numbers sound:
Gross Cap Cost - $30,500 (Edmunds TMV = 29,680)
Cap Reduction - $1,500
Taxes and fees upfront - $1,207.58 (Including 10% tax on cap reduction)
Monthly Payment - $360.58 for 36 months
12K miles / year
Any comments?
Good luck.
The capitalized cost of $30,500 is way too high. The vehicle's base invoice (launch, touring, heated seats, metallic paint -- I assume this is a manual transmission based on your post) is $29,036 as stated by Edmunds (which I believe to be $10 off but this is close enough).
Advertising fees and PDI are sometimes legitimate BUT dealers often overstate them. Ask to see the Saab Factory Invoice. It will have what the REAL advertising fee is. PDI should be $150. In the state of Washington, the advertising fee on the Saab invoice is $250.
If we add the $400 in fees on top of the $29,036 invoice, that comes out to $29,436 (it can be different in your state, depending on how much these fees legitimately are -- again, ask for the invoice). Let's give the dealer $250 profit on top of the holdback, which would make it $29,686 (and you can probably squeeze another $50-$100 here). Then take out the $1,000 Launch Package dealer incentive, and your gross capitalized cost should only be $28,686. Certainly not $30,500.
Even if you include the automatic transmission in there, that only adds $1,044.
The residual on a 12k/year 36-month lease is 53% of the MSRP.
I recommend you negotiate first on the gross capitalized cost on the dealer. Some of them focus in on your desire to maintain your monthly budget and then slide in higher acquisition costs.
Good luck!
If your configuration includes the automatic transmission (along with Launch, Touring, heated seats and metallic paint), $29,687 is a good gross cap cost. If your config does not, it should be $1,044 lower.
$600 for advertising and $200 for prep seems way too high. The Saab Factory Invoice I got a copy of had a dealer prep on it of $150, and I have to assume it's the same across the U.S. The advertising fee will vary across each state. In Washington State, it's $250. I can't see it being $600.
Please ask your dealer that if he is attempting to charge you these fees, to let you see the actual Saab factory invoice. Frankly, I think they are padding their profit with a $600 advertising fee.
Please don't let that turn you away from the vehicle, as it is terrific. Especially since there are very good deals to be had, given strong dealer incentives. You just have to get past the dealers.
FYI, there is a $1,000 Launch Package discount that is probably still active. And a $1,500 incentive if you do not lease or use Saab Financing to purchase.
On my lease, my gross cap cost was the invoice of the vehicle, which included the legitimate Saab advertising fee and PDI, plus a $250 dealer profit margin (and sometimes you can cut that too), minus the $1,000 Launch Package incentive (which unfortunately does not show up on Edmunds but seems to still be in effect for January).
Residual for a 10k/year lease should be 54%, 12k = 53%, and 10k = 52%.
Good luck!
Thanks,
Jim
I'm sure you've read this all over the place, but you just can't get a good deal on a lease. The math works against you ever time.
I purchased my 9-3 for $26580 (+ $2113 tax/license). Mind you, I got an unusual price, but not an impossible price for a more or less fully loaded 9-3. For more info, look at message #632.
If you really want to lease (or buy) be sure to to figure in all the numbers (rebates), etc. up front. Don't let them "confuse" with you adding/removing numbers later on.
As for buying, with $0 out of my pocket, I am paying $539 per month for my car (3.9% loan), and I own it. That isn't much more than the $399 I hear people talking about (it is only $140 difference to be exact). In the grand scheme of things, that is almost nothing.
Add on the fact that I didn't have to fork our $1500 when I picked my car up (I forked out $0)... On "your" 36 month lease, that is ($1500/36) about $40 per month. Take the $40 off my $140 and you're talking about a measly $100 per month.
The long term value of a lease sucks. When the lease is up, the lease is up. You don't get anything. You start from scratch again.
Oh, and as you can see from message #632, I didn't pay any dealer prep or advertising fees. They are a joke.
I remember a few years ago when I went to buy a car, the dealer told me, "The prep fee is for cleaning the car up and making it ready for you." I told him, "For $450, I'll take the car dirty and without gas in the tank." In the end, they ended up preparing the car for $0. Even got a full tank of gas.
1. Yes that does include automatic.
2. All those dealer fees I mentioned were straight off the 'dealer invoice' that the internet manager showed me. When I asked him why the fees were so much and if he could discount them, he got upset and said those were imposed by Saab.
3. He didn't want to budge off the dealer holdback saying they need that to average the cost of all the other cars sitting on their lot for more than 90 days.
4. Finally, he mentioned that they are not getting anymore Launch packages on Linear models so to take the deal before it's too late.
Typical. But maybe he's right. Thats what I'm worried about. I love the Saab...over the volvo and audi. But I wonder if anyone knows or can speculate if the low low money factor 0.25% and $1000 discount will be extended into March.
Of course, I'm taking the risk that all the Linear with Launch will be gone.
Subtract $1,000 for the dealer incentive on the Launch Package.
Add $250 to the above for a dealer profit above the holdback, but don't offer it immediately.
This should give you the "agreed upon value of the vehicle."
From there, ask them to recompute your lease deal, including the amount due at signing and the monthly payment. For leases, it is usually better to reduce the amount due at signing (lower the cap cost reduction) even if that raises the monthly payment slightly.
The only legit prices in the current Saab deals, at the time of signing, should be:
Agreed value of the vehicle.
$495 lease acquisition and administrative fee (I hope this is the bank fee you mentioned).
Gross capitalized cost which will probably include the $495 above (since it's usually financed in the lease deal).
The amount due at signing, which is composed of:
First monthly payment.
Security deposit (usually is waived).
Registration fees.
Cap cost reduction (try to minimize).
Tax on the cap cost reduction.
You may want to consider purchasing as well. We can go on all day of the pros and cons of leasing vs. buying. You will get an additional $1,500 incentive if you buy and get your own financing.
Good luck!
Your GM discount should help even more since I believe you can combine it with at least one of the current incentives, and possibly both.
I'm rather shocked that the advertising fee could be so high. Perhaps if you post up the state you are in, other folks here might be able to chime in to see if it's legit.
Call the salesperson and say you had a question or two about the invoice and ask him to fax it to you. My salesperson did. Since faking invoices (or passing non-factory invoices under the guise of factory invoice) is a no-no, it'd be interesting to hear his reaction. If he says, "sure, what's your fax number," it's probably legit. If he freaks, there might be something more to this.
Did the invoice say "Saab Cars USA" next to the logo on the upper left, with the Norcross, GA address?
Better yet, try another dealership in your area (if there is one) and see if you get the same song. That's often the best way to find out if another dealer's claim is legit.
haven't been able to check the boards lately- my computer's acting funny. Will get back when i get a chance to go through eveything.
From my perspective, it's a great deal. I won't go into a lease vs. buy debate here. If you're serious about leasing -- as I was -- take a look around at competing vehicles. You can't even come close to touching another car in this class for $360 a month. Forget about it. Hell, a loaded Passat GLS came in at $340 a month and that was for 42 months.
Personally, based on the quality of the vehicle and comparison costs of other cars in class, I'd take that lease rate all day every day. Hell, I did take it (grin) and couldn't be happier.
Dion
Thanks in advance,
Jim
Dion
It happened twice before, then today it kept popping up, a "LOCK SYSTEM FAILURE/ CONTACT DEALER" sign. It's really bothering me. The locks work fine, just the sign keeps popping up. Anyone have similar problems?
And as for the pictures I promised, they're having some trouble uploading. As soon as I find some free time to get them up, I shall post them up. For now, here's one dinky lil picture of it, taken on the second day, as an IOU.
http://www.AsianAvenue.com/Members/index.html?LAUNCH_PAGE=http%3A- //www.AsianAvenue.com/Members/Me/personalpage.html%3FMEMBER%3Dire- aniebeanie
have a good day everyone~
-renee-
I saw some previous posts about dealer programmable features. Has anyone found a comprehensive list of dealer programmable features? I'd like my doors to lock automatically at a given speed (similar to my other non-Saab cars).
Thanks for any information.
I'd also be interested in an autolock at given speed option- if you find out please let us know.
-renee-
I sent the same question regarding a comprehensive list of dealer programmable options to Saab. Here's their reply:
"Thank you for contacting the Saab Cars USA Customer Interaction Center.
Unfortunately there is no list that contains all of the programmable functions. The only setting I am aware of is that the doors will lock automatically when you either start the engine or place the vehicle in gear. I am not aware of any speed-related options for the door lock.
Please let us know if we can be of any further assistance.
Sincerely,
Saab Customer Interaction Center"
The service manager at my local dealer said that they should be able to enable the automatic door lock feature during my 30 day follow up visit. I was hoping for the automatic lock at 15mph (similar to the feature that's available from Chrysler), but this will work for me.
If I buy, I am thinking of the 9-3 Arc, dolphin gray with the parchment interior.
Keep us posted on the program issue and otherwise how you like the car.
Overall: Low 30s, 6'0 tall, and planning on keeping my next car for 5-7 yrs...hopefully will have wife/family at that time. That being said, the A4 and BMW 330 felt very small in the back seat. Whole idea of buying a 4-dr car (albeit a sporty one) is to make people at least remotely comfortable in the back seat. Couldn't do that except in the G35 and the Saab 9-3, the G particularly so with its extra leg room and reclining option (nice touch).
A4: Everyone talks about how nice this car is on the inside...my expectations exceeded the reality. While nice materials are used, it looks a bit dated and squared off. Seats were VERY firm as well...not at all comfortable. Again, back seat is TINY. One of best traits was confidence in Audi's years of experience with 4WD, but have trouble convincing myself that this car will suffice with the small back seat.
BMW 330ix: Felt like it "fits" better than most other cars. Even back seat, though just as small as the Audi, felt like I had more leg room. I think it reclines a bit more in its natural shape. However, it's still small back there and the overall image seems to be mid/high 20s versus 30s.
G35: Best thing I heard about this car from the auto show was that they'll be putting 4WD in it come fall (has anybody else heard that?). That's huge as RWD just won't cut it in Chitown. They've made subtle but nice changes to the car's exterior between 2003 and 2003 1/2, most noticeably a clean-up of the trunk (no more doggie paddle). Wish the front air dam was more like the coup's, but overall it has a nice, clean look, expecially from the side. Rear seat room is significantly better than the rest. Plus the reclining option is a nice touch. Would probably choose the wood option, and only wish it was available on the center/dash as well, as I'm not a big fan of the titanium look. With the 4WD coming (if that's true), this car would be my top choice at this point...though I have not driven anything yet.
Saab 9-3: This car exceeded my expectations more so than any other...though it may be due to how low they were to begin with. Like the redesign a lot...it's crisp, classy, and athletic looking. My only concerns are the 4 cyl turbo engine - everything else comes in a 6, Saab's (or should I say GM's) reputation for quality, and the lack of 4WD. Interior was nice AND comfortable. Looking forward to the nav system option coming on board in fall. That will dress up an already improved dash. Price is also less than others.
Overall, will have to drive them all, but went to the auto show looking primarily at the BMW and Audi, and left most interested in driving the G and the Saab.
2. The new Saab 4 cyl. is based on the ecotec, an engine with a very good reliability record in the cars in Europe and the US that have used it over the last three to four years. Maintenance with a Turbo 4 will be more elaborate than a regular 4, but Saab provides the first 3 year maintenance for free.
I think every brand name car has thier weakness. Friend of mine has BMW can't start his car three times a year. Need to call service tow car back to dealer to fix. MB c class driver complain C-class quality is not as good as its tri-star name.
My 9-3 had door lock problem at the begining. But it's all gone after they check the computer system and replaced the part. Now everything fine to me. I hope I can happy with the reliability of Saab for life.
As for Infiniti quality issues, haven't heard of any.
As for a potentially pricey 4WD version of this car, I can't imagine it being pricier than the Audi or BMW versions.
Very happy with the lease deal I negotiated and with the dealership (Lund Cadillac-Hummer-Saab in North Phoenix).
This is easily the best car I've owned in my 34 years. It fits (I'm 6'2", 180), it's comfortable with being mushy, it's got decent power (I've got a Ducati Monster when I want to go fast), it handles nicely, it's economical and, frankly, I find it very appealing to look at.
Only a few minor quibbles that I should cover: I still don't like the clutch action and I've driven sticks all my life. No, the stereo hasn't gotten any better. It's livable, but the unit in my girlfriend's Saturn sounds better at high volume. There's a fair amount of road noise with the moonroof open (sorry to you folks in cold climes). That's all my gripes and they're all minor.
For reference, I shopped the 9-3 against the BMW 3 series, Audi A4, Passat, Mazda 6, Lexus IS300 and Infiniti G35 (sedan). In a perfect world, had I wanted to spend that sort of money on a car, I probably would've gone with the Beemer. IMO, the Saab was easily the best all-around car from the remaining contestants. Time will tell, but it may actually may be better than the BMW in economy, insurance costs and the fact that the 3 Series is a dime a dozen and I've yet to see another new 9-3 here in Phoenix.
Hope this helps.
Dion
I'm gonna lose it! Ahhhh! Doh! I think if I tried opening the one in my car I would defintely hear the motor struggle then the cracking ice and bad popping sound. Thats my version of noisy.
The monthly is bit more than I started out but I"m happy. At first I was at $345 + tax with $900 down on a black with Launch, Touring, heat seats but they had to trade for it and it was sold before I could get it. Then there was Silver or Merlot Red for $350+tax with $900 down with Launch, Touring and heat seats but I already have a Silver Passat and I didn't like the parchment seats in the Merlot Red (get dirty too easily). So they agreed to give me the Midnight Blue with Launch, Touring, heat seats AND WHEEL PACKAGE for only $5 more a month. Needless to say after test driving it and realizing it wasn't such a bumpy ride, I took it. I decided to put 0 Down and take the higher monthly so less $900 down equals $25 more a month. Even trade off. They were willing to deal so readily because it was the end of the month and they needed one more sale to reach their quota.
Saab of South Bay in Los Angeles CA is a small dealership, under renovation so they were willing to really make a deal. No tricks or gimmicks!! They showed me all the invoices and punched the numbers in the computer with me watching. I checked all over LA and no other dealer could match the initial $345 + tax with $900 down on that Black car. In fact, even after I faxed a sheet from South Bay with the figures, the other dealers didn't believe me and said it was absolutely FAKE! That made me skeptical but after all is said and done, it was true! South Bay gave me the full $1000 incentive plus took a $50 hit and threw in tint, mats and detailing. I know they had to dip into their holdback or other 'secret' profit they had, but I don't mind b/c it can't be that much..prob not even 1% over cost. Plus they were so easy to deal with, mostly over the phone until I went in today since I live about 30 miles from them. Spent 4 hours but that was because I couldn't decide on the color or options. They didn't pressure me at all but instead kept adding things to sweeten the pot and made the deal even more tempting. I'm gonna pick up the car tomorrow after the detailing and tint. I hope everything gets completed without a hitch. I have everything in writing but you never know about these dealers!
http://www2.saabusa.com/leasen/default.asp?m=93&t=l&src=9- 3s
Also, I have heard people talk about a $1,000 incentive? How did you find this out?
Thanks for your help in advance!
http://www.bbsaab.com/frameset1.asp?LINK=NewCars&MAIN=new_car- - s_wildcard1
I did inquire about the new lease deals this month b/c I was curious and I wanted to compare. Basically it's the same monthly but a little bit higher ( on my lease it would have been $7 more). The incentives are now $2000 on any linear but the Money Factor is higher (0.00022 to 0.00057) and the Residual is now 51% instead of 53% (so the depreciation is more and thus you pay more over the term of the lease). so I saved a little bit by getting the car now. Another advantage is that the bottom trim is color coordinated like the Vector and Arc. It looks much nicer than the black plastic trim. One negative thing I've noticed is that the CD changer is SLOOOOOOW. Maybe i'm not working it right. Anyways, I still am very satisfied with the whole deal and would fully recommend it to anyone looking to get a great car.
Leases: Take Saab's lease money but now get $2,000 (instead of only $1,000 before 3/1) discount on the 36 mo. 10k mile special. The money factor has gone from .00022 to .00024 (says one dealer) or .00057 (says a second dealer, corroborating one post above--I think it's probably .00057/month rate). The residual is now 52%, down from 54%. (Someone above says the residual is now 51%). Also, if you are a current GM (including Saab or Saturn) owner or purchaser, you get another $1,000 discount. See this link for this new program: http://www.gm.com/automotive/vehicle_shopping/overdrive/retail/in- dex.html
Buying: The basic stipper cars I've looked at, with MSRP of 26,525 (including destination, received prior to Jan, 03) did have, before 2/28, these purchase incentives according to several dealers and this list: $1,500 Saab suppport for customers who do not use Saab financing + $1,000 for customers, regardless of their source of $ and apparently regardless of any sort of "Launch" option being on the car. Total= $2,500 if you could find your own money and pay cash to the dealer. Has this changed? TIA for replying! I'm going to ask around again tomorrow and I'll report back, but sure would appreciate any info. or rumors you've heard.
Anyone? Otherwise, this vehicle is running great - NO problems!
**--Mooselook--**
Ohhh good point there! You must be quoting the residual on the 12,000 miles per year, which was previously 53%, and is now down to 51%.
Looking at the leasing deal posted on the Saab web site, the residual for 10,000 miles per year is now 52%, down from 54% in January and February. So that likely means the 15k/year is now 50%. You're right, that will raise the monthly lease payments somewhat because one is paying for more depreciation.
But if the incentive has gone from $1,000 to $2,000, that will certainly help! Obviously Saab still feels a need to keep discounting the vehicles.