Quote:
Originally Posted by Patrick
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.
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I own a Cobalt and my buyout in the lease agreement is $9200 I believe. We phoned them to ask how much of a deal they could give us for an early buyout and they insulted us and said $10,700. My mom was so pissed she just said "ok, bye". My mom and a fellow co-worker who is 65 (knows his stuff), said to offer them $6,000.
Just from my experience with my family and friends, tell them to make you a deal. If they don't want to, walk away. Their loss. You can always come back and see it in the used section and deal then.
Also, from my experience with SAAB is this. When I went to the auto-show this year, I spoke to the guy and he was telling me how dealerships in Calgary were offering up to $15,000 cash back on purchases, etc. So a $50,000 car is now $35,000. So I am sure they will give you a good deal.