Date: Tue, 22 Feb 2000 06:14:17 GMT
From: (Winston)
Subject: Re: leasing a saab

This is not always the case. For example, if you lease a car whose residual value (or approximate value at the end of the lease) was computed to be $2,000 too low, you will get a good deal if you exercise the purchase option at the end of the lease, as you will be able to buy your car $2,000 below market value. On the other hand, if you can buy the same car for $2,000 less somplace else, you are not going to be getting such a great deal on your purchase option, are you? I still feel that the small change you might save by buying a car at the end of the lease are offset by the fact that many people obsess about going over-mileage on their lease. If you have the intention of driving the car for more than three years, you're better off just buying it outright. The point, of leasing to me is to be able to drive a new car every three years, if that's what makes you happy. If you exercise the purchase option, you're effectively leasing a car, then buying a used one and have to go through the acquisition process twice with a dealer for the same car. I would prefer to minimize the number of times I have to go through that process, personally. In article <7ygs4.6386$>, "Julie" <> wrote: > what i know comes from the rep at the auto show: > according to him, if you lease a 9-3 (viggen, turbo, convertable whichever) > you can savea bout $2000 in the whole scheme of things if your intention is > to purchase the car after the lease is up. i don't know much else, as i'm > not familiar with leases. hope that helps >

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