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Prices Paid: Buying & Leasing Experiences Volvo S40 Prices Paid and Buying Experience
686 messages, Last post on Jul 04, 2008 at 10:11 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: fogarty19 (Feb 17, 2008 3:16 pm) You should get them to sell/lease you the car at the invoice price minus the incentives, give or take a couple of hundred. I just negotiated an "invoice minus incentives" lease deal on a T5 - the dealer readily agreed. My T5 had no options and the capitalized cost was less than $22k after incentives. Use Edmunds's invoice number for the specific model and options you want. Then subtract the current incentives of $1500 if you're buying it or $6000 if you're leasing it ($7,000 if its an AWD version). The incentives are given to the dealer but should be passed along to you. These specific incentives were from the program in effect a couple of weeks ago - the program is expiring soon (if it hasn't already) but it undoubtedly will be renewed or go up a little bit. Ask your dealer to tell you the current numbers - it shouldn't be a secret. The Edmunds true market value price is just a general guide as to what some people are paying - I'm not sure whether it's an average including people who blindly pay sticker price or not, but in any event it usually is overstated except on cars that are in very high demand. Use invoice price as your guide, and then subtract the incentives.
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Replying to: jim99000 (Feb 19, 2008 11:11 am) MSRP- 33,014 x .43= 14196 25995 - 14196= 11, 798 11, 798/36= 327.95 25995 + 14196= 40191 x .00202= 81 327 + 81= 408 408 x .05 = 20 in tax a month 408 + 20= 429 a month with tax with $0 money down this seems like a decent deal to me, any opinions?
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Replying to: fogarty19 (Feb 20, 2008 10:54 am) Why do you think the outside lender screwed you on the residual value and money factor? I never asked about Volvo's residual/money factor compared to outside banks - do you know what the Volvo numbers were? Your deal is similar to mine. I would have insisted on an invoice deal but the extra couple of hundred bucks is minimal. My cap cost was less b/c I took less options ($21958). My money factor was .00168 and residual was .44 on a 36 month lease with 12K miles a year, so I guess the money factor was the only real semi-significant difference. I'm paying $305/mo with payment of bank fees and state sales tax upfront in my state.
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Replying to: jim99000 (Feb 23, 2008 9:21 am) |
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Does anyone know the current lease deals or incentives available for 2007 s40? My local Volvo dealership has 9 in stock and I'm sure they are very willing to get rid of them. My ideal lease would be 36 months at 12,000 miles per year. What would be the money factor and residual? Are there any manufacturer incentives available? Thanks, Jeff
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| I was looking at buying a used 2000,2001 s40. Can anybody tell me if they are reliable cars. any pro or cons. Thanks for your input. | |
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Wife would've bought the S40, but the rear head rests were to high and compromised the rear view out the rear window, so she got the exact same car with the Mazda 3...same body just with a larger engine, different front and rear facia and more safety features for mucho $. I did recently price one out here in South Florida for me actually and I could get an auto base unit for close to $23k. Still mulling this over but with the ever rising gas prices and the fact that my beloved Civic gets excellent mileage plus that my oldest is in the market for a car, I've put this idea on hold for the forseeable future. One day perhaps! The Sandman 
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Replying to: jb911 (May 07, 2008 10:39 am) 2007? My area's 2007 S40's were gone by August of last year. I'm surprised your dealer has any left, much less 9. If a 2008, not sure on the money factor and residual but the current manufacturer-to-dealer incentives for both a lease and a buy are $1500. As of 4/1/08, Volvo greatly reduced the $5000 and $6000 lease incentives that it had been offering. |
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Hello there Carman and everyone Any numbers for the S40 in the CT-NY-NJ tri state area for an S40? The S40 seems to be a great compromise from the higher priced S80(an excellent car!) without sacrificing safety. May lease or buy, depending on the numbers. Likely 3 yr/36-45 miles very few options,2.4i unless the incentives etc make the AWD model a better deal. No leather, no climate... Happy 4th of July to all! |
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