Jump to content
Server Move In Progress - Read More ×
Create New...

Helping a friend buy an AURA tomorrow...


Flybrian

Recommended Posts

He's trading up from a 2002 SL2 with 34,5xx miles worth about $6,000 trade-in on KBB. I know Saturn is advertising a...

$199.00 per month 39 month lease.

$2,669 due at lease signing.

Mileage charge of $0.25 per mile over 32,500 miles.

No security deposit required.

Tax, title, license and retailer fees are extra.

For qualified lessees.

Some questions since I've never physically purchased a Saturn nor dealt with leases myself:

1) Would a large up front amount positively affect the montly lease payments, i.e. $5,000 vs $2669?

2) Think a Saturn retailer has some wiggle room for a demonstrator XR (I know they have one) or a more well-equipped XE ($22-23k) to work it down to ~$200/mo?

Any other lease/Saturn-specific advice would similarly rock. I really sold him on liking the car, so this is just the next step. Thanks!

Link to comment
Share on other sites

That's the "low millage" lease. That's less than 10k a year and it's 3 months longer - not the usual 36,000 miles. Keep that in mind. The price will go up a bit if you go for a regular lease. I hope your friend doesn't drive much.

Correct. Now that's not to say they can't work out a lease completely different than the "deal" advertised, and have the right payment, but things would all have to be on the same page.

And as far as putting more down, yes, that will reduce the cap. cost they're ultimately making payments on (i.e. lower payments the more you put down), but FEW people ever put down money on a lease--because it's just a waste, and you never get it back. It's either you pay higher payments or you pay that chunk up front and make the next payments lower.

I think Roger (has an Envoy, a Sky, and a new Aura XE) leased his Aura, so hopefully he'll see this and check in soon.

Link to comment
Share on other sites

UPDATE

No-go with the dealer on an AURA; he ended up getting a lease on a 2.8l 2007 CTS.

VERY cool. Already surpassed by a new model, but a great car nonetheless--and they have been offering nice leases for a while now.

Link to comment
Share on other sites

the last time i was at a caddy dealer they had a buttload of the 2.8 CTS on hand, no doubt for some body style closeout lease deal.

if i didn't strongly prefer the FWD in this climate, i may have been tempted to look at one of those base cts myself. as an alternative to the aura, an 07 cts 2.8 makes a bunch of sense.

Link to comment
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

Write what you are looking for and press enter or click the search icon to begin your search

Change privacy settings