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SAAB EXTENDS FLEXIBLE FINANCE PROGRAM THROUGH DECEMBER; AGGRESSIVE LEASE RATES ALSO OFFERED

        SAAB EXTENDS FLEXIBLE FINANCE PROGRAM THROUGH DECEMBER;
                 AGGRESSIVE LEASE RATES ALSO OFFERED
    ORANGE, Conn., Dec. 6 /PRNewswire/ -- Saab Cars USA, Inc., importer and distributor of the Swedish-built Saab 9000 and 900 automobiles, today announced that it will extend its special Flexible Finance Program -- applicable to all 1992 Saab 9000s and 900s -- through Dec. 31, 1991. In addition, Saab is offering aggressive lease rates for 24-, 36-, and 48-month terms for all 1992 Saab 9000 and 900 models.  Both programs will include the new, limited 9000 CD Turbo Griffin Edition.
    According to Jan-Ake Jonsson, vice president, sales and marketing, Saab Cars USA, Inc., "Saab's November sales gain of 7.7 percent bucked the industry trend in our competitive segment."  Jonsson further noted, "While special support programs contributed to our November success, it's also quite clear that today's consumers who are looking for more long-term, value-oriented purchases are finding that Saab 9000s and 900s are the right cars for these challenging and demanding times."
                     Flexible Finance Program
    The Saab Flexible Finance Program allows customers to tailor their own monthly payment plan to suit their individual budgets.  Interest rates range from 0 to 10 percent, depending upon the down payment amount expressed as a percentage of the suggested retail price including destination charge.  For example, a 1992 Saab 900 with its suggested retail price of $19,835 (including destination charge) may be purchased with 0 percent interest and monthly payments of $219 for 48 months with a 40 percent down payment.  A 1992 Saab 9000 with its suggested retail price of $25,285 (including destination charge) may be purchased with 0 percent interest and monthly payments of $288 for 48 months with a 40 percent down payment.  Terms are also available for 24- and 36-month periods, and down payment requirements range from 20 to 40 percent.
                        Leasing Program
    Saab is also offering attractive lease rates for all 1992 Saab 9000 and 900 models, with no money down.  These special rates translate, for example, to $299 monthly payments for 48 months for a Saab 900 and $389 monthly payments for 48 months for a Saab 9000.  Terms for 24 and 36 months are also available.
    All 1992 Saabs include a driver's-side air bag and anti-lock brakes as standard equipment, and are backed by a six-year/80,000-mile new car limited warranty, with bumper-to-bumper coverage for three years/40,000- miles and major systems coverage for the duration of the warranty period.  Every Saab 9000 and 900 now also benefits from reduced service requirements for 1992, thereby reducing hazardous waste in the interest of the environment and lowering maintenance costs for consumers.
    Saab's Flexible Financing and Lease Programs are subject to model availability.  Further details are available directly from any of Saab's 317 dealers nationwide.
    -0-                       12/6/91
    /CONTACT:  Steven Rossi or Karin Nobile of Saab, 203-795-7704/ CO:  Saab Cars USA, Inc. ST:  Connecticut IN:  AUT SU: FC-GK -- NY022 -- 0060 12/06/91 11:19 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Dec 6, 1991
Words:492
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