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Old 09-09-2009, 12:02 PM   #745
TimSJ
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Join Date: Oct 2001
Location: Saint John, NB
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Quote:
Originally Posted by Patrick View Post
Question.

Leasing a 2007 SAAB 9-3. End of lease term the boyout is $19,000. WHich is due next year, July, 2010.

Do car companies ever knock down buyout amounts? As in if I return the car I dont see the company being able to sell the car for $19,000. Its fair market value should be lower.
Depends.... SAAB is disapearing in Canada so they might do something for you. but generally they are not that smart and will take it back and sell it at a bigger loss.

As an aside Used car prices are climbing like crazy right now.
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