Last post on Nov 17, 2009 at 4:49 AM
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Volvo S40, Car Leasing, Sedan
#143 of 299 Re: Lease Offer OK? [kathiew]
Mar 25, 2007 (5:43 am)
Hello kathiew. A base 2007 Volvo S40 2.4i has a spread of over $1,400 between its full MSRP and its dealer invoice price. I'm surprised that the dealer that you spoke with wouldn't provide you with any sort of discount on this car. It's not a bad vehicle, but it's not like consumers are beating down showroom doors to get it. It definitely would be in your best interest to comparison shop a little bit to see if you can find a dealer that is willing to give you a discount on this car.
As far as this car's lease program goes, Volvo Finance's March buy rate lease money factor and residual value for a 48 month lease lease of a a 2007 Volvo S40 2.4i with 15,000 miles per year are .00227 and 42%, respectively.
Prices Paid Forum
#144 of 299 Re: Lease Question [jpierotti]
Mar 25, 2007 (5:55 am)
Hi jpierotti. Volvo actually increased its cash incentive on leases of the 2007 S40 T5 AWD through independent banks to $6,000 in March. You can go with this program, or take advantage of Volvo Finance's special lease program for this car.
Prices Paid Forum
Mar 25, 2007 (6:00 am)
Greetings bgro. You never mentioned this car's selling price. This number will show me how much of a discount your friend was given on it and it will enable me to estimate what its monthly payment should be. Let me know what the selling price was and I will be happy to give you my opinion on your friend's deal.
Prices Paid Forum
#146 of 299 Re: Good Deal? [Car_man]
Mar 25, 2007 (7:37 am)
any info yet on april if current incentives will continue??
#147 of 299 Re: Lease Question [Car_man]
Mar 25, 2007 (11:35 pm)
How would one go about finding "independent banks" that can take advantage of these incredible incentives? Volvo's own lease program isn't that great, IMHO...
#148 of 299 Re: Lease Question [smat74]
Mar 26, 2007 (4:25 am)
us bank is the one offering the current deal
#149 of 299 Re: Lease Question [drpie1]
Mar 26, 2007 (7:07 am)
Should I just call them up? Their website doesn't have much specific info about leasing and how to start. Thanks.
#150 of 299 Re: Lease Question [smat74]
Mar 26, 2007 (7:28 am)
you need to deal with the dealer i dont believe they deal directly with consumers as most leasing companies do not
#151 of 299 Lease quote - Central NJ
Mar 27, 2007 (2:43 pm)
Hello all - wanted to post the latest deal I've been working on at Volvo of Princeton:
2007 S40 2.4i with Select, Climate, Auto and Metallic paint (MSRP of $29,310)
To purchase - final price - $24,602
To lease for 36 months, 18k/year:
Cap Cost - $22,852
Cost Out of Pocket - ~$1600 (includes Acquisition fee, document fee, various NJ state fees [those suck], 1st month)
Money factor - 0.00207 (or ~4.9%)
Residual - 47%
Final lease price - $383.33/mo (Note - this includes NJ tax of 7%)
I plan on completing by the end of the week - they are motivated by the end of the month and end of the quarter.
Anyone have any thoughts how we could drive down further?
#152 of 299 Re: Lease quote - Central NJ [steveholly]
Mar 27, 2007 (5:45 pm)
well, i ran it through the lease calculator and it seems like it all adds up. Considering you are about $6500 below MSRP, it seems like you are getting full advantage of the dealer cash. So I think you've got all you'll get. Of course, that is my unprofessional opinion.
By the way, Princeton is the ONLY volvo dealer I have found I like in Jersey.