Date: Fri, 10 Sep 1999 11:14:10 -0700
From: "Kenneth H. Yoon" <kenyoonnopsaml.msn.com>
Subject: Re: 1999 9-3 Lease question


I don't understand. If the actual market value of the car at lease-end doesn't equal or exceed the vehicle's residual value, then the lessee needs to make up the difference? This doesn't seem to make any sense, except as a good way for GM/SAAB to get itself sued in a huge class-action. >This info was given to me by William Glassgall in answer to an earlier post >about V-6 engines, but I'll pass it along in case he doesn't see your message. > >In short, some of the great lease deals on SAABs might be due to the required >residual value. IOW, to get the deal you have to basically insure that the >market value of the car you return is $X. You need to see if X is realistic; >there's a decent chance it isn't, so that you have to make up the difference.

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