Date: Thu, 06 Feb 2003 10:57:00 -0500 From: Bob <noemailnopsammain.com> Subject: Re: Purchasing car at end of lease from Saab
On Thu, 6 Feb 2003 08:41:56 -0500, "Don" <andronnopsamcom> wrote: >I think Sandstones is closer to the truth than Bob. Bob's experience is >based on years old info; the used car market and related values have been >killed in the last couple of years with the increased discounting on new >cars as well as the oversupply of cars coming off of lease. I believe the >wholesale value of the car does approach 5K less than lease resale value. >Sounds like it will be difficult to get it for that though due to the >insurance. I have to disagree. Saab has been offering $4-5K off at the end of year for quite a while now. I don't think there are any new effects there. Also, my specific data is only 2 years old and there has not been that much of a change in the market. Prices might be a little depressed with the economy the way it is but that only serves to _narrow_ the range, not increase it. Dealers don't make $5K on a used car sale in the Saab's price range. If they did, all the Salesmen would be pushing the used cars instead of the new cars. Have you been to a dealership lately ? Which did they try to sell you ? Bob