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SAAB EXTENDS SPECIAL LEASE AND RETAIL FINANCE PROGRAMS THROUGH AUG. 3

SAAB EXTENDS SPECIAL LEASE AND RETAIL FINANCE PROGRAMS THROUGH AUG. 3
 NORCROSS, Ga., July 7 /PRNewswire/ -- Saab Cars USA, Inc., importer and distributor of the distinctive Saab 9000 and 900 automobiles, will extend the special lease and retail finance programs that contributed to its 162 percent sales gain for the month of June.
 Both programs will be offered to qualified Saab buyers through Aug. 3.
 A total of 4,025 new Saabs were sold during June 1992, compared to 1,538 cars retailed during the same period last year. In addition, the Saab 9000 series registered a June volume of 1,980, the largest monthly total since the model's introduction in 1985.
 Lease Program
 Saab is offering attractive lease rates through Aug. 3 for all 1992 Saab 9000 and 900 models, with no money down. These special rates translate, for example, to a $348 monthly payment for 48 months and a $399 monthly payment for 36 months on a Saab 9000. For the Saab 900, a $317 monthly payment is available for 48 months, and a $372 monthly payment for 36 months. Terms for 24 months are also available.
 The Saab Lease Program is based on an annual percentage rate (APR) of 1.9 percent for Saab 9000 models and 3.9 percent for Saab 900's.
 Retail Finance Program
 Saab also is offering low retail finance rates through Aug. 3 for all Saab models. A Saab 9000 may be financed for as low as $399 a month for 48 months, while the Saab 900 may be financed for as low as $340 a month for 48 months. Terms for 24 and 36 months are also available. Saab's promotional finance rates are based on a 2.1 percent APR for the Saab 9000, and 3.9 percent APR for the Saab 900, and require a 25 percent down payment.
 Saab's special lease and retail finance programs are subject to model availability. Further details on both opportunities are available from any Saab dealer, coast to coast.
 -0- 7/7/92
 /CONTACT: Steven Rossi or Elke Martin of Saab Cars USA, 404-279-0100/ CO: Saab Cars USA, Inc. ST: Georgia IN: AUT SU:


EA-BR -- AT008 -- 6952 07/07/92 11:10 EDT
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Publication:PR Newswire
Date:Jul 7, 1992
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