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Site News - 4/9 Saab Owners' Convention Day Pass Raffle | 3/26 M Car Covers (by State of Nine)
Date: Tue, 09 Feb 1999 21:24:33 +0100
From: "Thor Gaarden" <arkiarchnopsamne.no>
Subject: Re: SAAB 9-5 or Chrysler 300M ?


There has just been a BIG test in the magazine "Auto motor und sport" and the swedish "Aftonbladet" comparing Chrysler 300M, BMW, Volvo, Audi/A6, Mercedes E, Saab 9-5 V6, and Saab got out Nr.1 followed by BMW...Chrysler was way down under...terrible headlights, terrible wipers, etc... now this was a wintertest, so you folk´s in Arizona, cruise on...... http://www.aftonbladet.se/bil/biltester/1999/9901/990101e.html -- ---------- In article <79nld0$1p6$1nopsamdin.cc.emory.edu>, lparkernopsamy.edu (Lloyd R. Parker) wrote: > Doug Hardman (dougnopsamssamg.com) wrote: > : In article <36BF11EC.FD6425C0nopsamere.com> , websrfrnopsamere.com wrote: > : > : > All those who have leased a SAAB 9-5 or Chrysler 300M, could you please > : > post your details? I'm looking for leasing a SAAB 9-5 V6, or Chrysler > : > 300M and would like to the compare the costs. My understanding is that > : > the cost of leasing a car depends on its residual value. Does anyone > : > know how these two cars compare in terms of residual value? > : > : An educated guess would say that the Saab would have a better residual value > : based on the following. > : > : #1 The Saab costs more. Generally the lease rate is based on 40% of the cars > : MSRP. > > > > Not so. It's based on projected residual value, which is based on > projected depreciation rate. Look in the CR Auto Issue -- they show > depreciation rates of a number of cars. > > : > : #2 Saabs tend to keep their value best within the first 5-7 years. eg: I > : just got a 93 9000CSE for $12,500. Find a $40K Chrysler from 93 that's still > : worth that. > > There weren't any 40k Chryslers from 93. Still aren't except the Viper > and Prowler, and I dare say they've kept their value very well. > > I had a 93 Town & Country that was worth about $2000 more at the end of > the lease than the residual. > > : > : #3 Foreign cars just tend to hold value better. > > Not so. It depends on the demand for them, their reputation, etc. Try an > old Audi from the "unintentional acceleration" days -- they depreciated > like crazy. Saabs are relatively scarce in this country, which translates > into not much demand, which may translate into low resale value. > > A bank or credit union should be able to tell you the residual for any > car. Some manufacturers offer subsidized leases, which inflate the > residual. > > > > > > > > > > > > >

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