Re: End of lease decision help... - Saab 9-3SS Bulletin Board - Saabnet.com
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Re: End of lease decision help...
Posted by PAS914 [Email] (more from PAS914) on Mon, 12 Jan 2009 15:12:56
In Reply to: Re: End of lease decision help..., KDA, Mon, 12 Jan 2009 13:43:39
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If I hated my car, I wouldn't be in this predicament :-)
As for suggesting a lower buyout figure, I was told that GMAC (lease company) does NOT negotiate residual/buyout -- you either buy for the contractually agreed upon price or you turn it in and it ends up going to auction. It's unfortunate - I know BMW has a "market-adjusted residual" in their leases; at lease end, if the market value is lower than the residual value in lease contract, you can buy the car at market value. But thats a topic for another thread.
I honestly regret not buying my current car instead of leasing. The payments were never an issue, it was just that I had never owned a Saab before and was a little hesitant. The short term lease seemed like a god idea at the time ..
posted by 68.36.67...
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