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Prices Paid: Buying & Leasing Experiences Volvo S40 Lease Questions
299 messages, Last post on Nov 17, 2009 at 4:49 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
Is Volvo offering any deals on the 2008 or 2009 S40? I can only find the $500 gas allowance. My current lease through VFNA is about to expire.
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Replying to: Car_man (Jul 16, 2008 2:16 am) Never make a downpayment on a lease. |
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Replying to: paulsaz (Sep 17, 2008 11:39 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Asked for general numbers on a 2009 S40 2.4i with leather and climate and was told $389/mo, $2500 upfront for 36 mo, 12k/yr. I know I need to get a sales price, money factor and residual numbers but does this sound like a reasonable start? I got spoiled by my 2007 A4 lease which was 0 down and $410/mo but it's up in December and I've started looking around at other options. Thanks |
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| Just to give people an idea on some numbers... On a non metallic paint 09 S40 with leather 48/12 with 2,000 out of pocket 299+tax is a "big loser" for a dealer and a very good deal for a customer. Costco and Loyalty do not apply to neither S40 nor C30. | |
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spoke to a local dealer....crummy offer imho: starting price: $5250 under invoice term: 36 mos residual: 40% (with 12k mileage) money factor: .00240 (tier 1 credit) i didn't push them as i'm also working on a purchase of a certified pre-owned but this didn't seem attractive at all |
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Hi Car_Man, I'm shopping entry-level luxury sedans and don't see any recent info on the Volvo S40 Lease Rates. Do you have that info? I see they're running a special on the website for 299/mo, 36 mos, 10.5K mi/yr with 2K down. I'm hesitant to put anything down because I am one of those unlucky people that this forum discusses in theory who had their leased car totaled after driving it for less than 5 months! Ultimately I lost about $650, but still...lesson learned. Is it realistic to think I could negotiate with Volvo to keep the monthly payment below $300 with only first payment down? Thanks for your help!
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Replying to: shop4cars1 (Feb 24, 2009 4:36 pm) Ya know, I never quite understood this. The same thing would happen if putting money down on a financed car, so what is the difference?
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Replying to: qbrozen (Feb 25, 2009 9:38 am) A lease offers you the opportunity to avoid that with included GAP insurance (for most makes).. For most auto loans, this is an extra-cost item... So, why take the risk on a lease, if you don't have to?
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Replying to: kyfdx (Feb 25, 2009 9:40 am) The only reason that makes sense to me is to take advantage of super low money factor. But the same applies to special financing rates. In either of these cases, I'm all for borrowing as much as is allowed. |
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