You are here: Forums Prices Paid: Buying & Leasing Experiences Volvo S40 Lease Questions

Volvo S40 Lease Questions

298 messages,  Last post on Nov 04, 2009 at 8:39 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Volvo S40, Car Leasing, Sedan

Messages Page 30 of 31 1 ... 25 26 27 28 29 30 31 Prev Next Last

Go To Msg # Search This Discussion

#283 of 298 S40 Lease - good deal? by elisco Apr 04, 2009 (1:58 pm)
Hi:   Can you please tell me if this is a good deal?   I have an offer to trade in my old Ford Explorer that has engine issues for a new 2009 S40 - promo model. Nothing fancy-no navi, no rims, no extras.   The offer I've got on the table: 500 Down in addition to my trade in 15k miles per year 300 clean a month - inclusive of tax   What do you think? They have 3 models of the car that I want, so I'm assuming I have some time. The problem I'm running into is that they too are saying the lending department will need a co-signer due to my credit history having only 1 paid off car long of under 10k.   I would like to process the loan independently... but that's the story they are sticking to, with their lending instutiions. They said they checked with US Bank, their own lending dept and Ford. Ford was the only approval for me.   Any information that might help would be greatly appreciated! Replies to this message: Car_man (Apr 15, 2009 3:09 am) pingbrady (Apr 28, 2009 7:16 am)
#284 of 298 Re: S40 Lease - good deal? [elisco] by Car_man HOST Apr 15, 2009 (3:09 am)
Replying to: elisco (Apr 04, 2009 1:58 pm) Hi elisco. The trade-in issue clouds things a little big. Do you owe money on your Explorer? If so, is the dealer giving you more for it as a trade than you owe?   The best way to evaluate how good a deal a lease is is to take a look at the selling price that the deal is based upon. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how much of a dealer discount you are being given. You wouldn't finance a new vehicle without knowing its price. Leasing without knowing the selling price is sort of the same thing.   Find out what this car's MSRP and selling price are and I'm sure that either myself or another knowledgeable community member will be happy to tell you what we think.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: pingbrady (Apr 28, 2009 7:16 am)
#285 of 298 Re: S40 Lease - good deal? [Car_man] by pingbrady Apr 28, 2009 (7:16 am)
Replying to: Car_man (Apr 15, 2009 3:09 am) Anyone have any data on Lease deals for a S40 R-line? Also, do you think I have any leverage if we are interested in getting two cars? My wife is interested in a used XC90 (such good deals) and I'd obviously like the S40R. Still haven't decided if AWD is worth the extra cash or not, but I definitely want the R.
#286 of 298 Current figures for a S40 by mel10021 May 21, 2009 (5:54 am)
Does anyone have the current #'s for a S40 basic ? Looking for 10k miles (or whatever the minimum is ) for 36mos   I was at a dealer last night and he said only US Bank is doing the financing - that Volvo has poor #'s. US Bank was showing a 37% residual and a .002875 money factor...   These seem WAY off.   any adive ? Replies to this message: Car_man (Jun 23, 2009 2:06 am)
#287 of 298 Re: Current figures for a S40 [mel10021] by Car_man HOST Jun 23, 2009 (2:06 am)
Replying to: mel10021 (May 21, 2009 5:54 am) Hi mel10021. Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2009 S40 with 10,000 miles per year are 00266 and 49%, respectively.   There is a good chance that you will be able to get a better payment on this car by leasing it through a bank other than Volvo Finance. Volvo is currently providing a special $4,500 cash incentive on leases of this car through independent banks.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#288 of 298 Volvo S40 lease special by mannyljr Jul 22, 2009 (1:31 pm)
I just left San Diego Volvo and they were advertising a lease on a new 2009 S40, MSRP $29375, 60 month lease $269 plus tax, $2995 total down, 12,000 miles/year, $0.18 per extra miles. They also have a 5 year warranty with scheduled maintenance including wear items like tires.   This sounds like a great deal and I have a Cash-For-Clunkers car to handle the money down. What are the numbers they're using? Is a 60 month lease better than purchasing? My credit union's rate is currently at 5.49%
#289 of 298 Lease question by meyanbarredo Jul 23, 2009 (6:47 pm)
Hello. Newbie here. I was wondering if anybody can explain the current lease offer for the S40 please. It says 299 per month, 3300 down for a car that is at MSRP 29,350. Would it be a lower lease rate per month of one is able to negotiate the MSRP down? Or is that absolute, all discounts and credits included?   Specifically, there is an S40 that's $30,050 and I asked to get this at a lease rate lower than 300 per month, including taxes. The salesman said that they cannot give this car at that special since it's a higher MSRP than the advertised MSRP. I thought that I can negotiate the MSRP to a lower price, and then they calculate the lease rate from there?   Thanks a lot! Sorry, I guess I'm supposed to go through the other threads, but I'm desperate and will need to get something before next week. Replies to this message: Car_man (Jul 24, 2009 2:29 am) meyanbarredo (Jul 25, 2009 4:15 pm) Car_man (Aug 14, 2009 2:50 am)
#290 of 298 Re: Lease question [meyanbarredo] by Car_man HOST Jul 24, 2009 (2:29 am)
Replying to: meyanbarredo (Jul 23, 2009 6:47 pm) Hi meyanbarredo. Volvo's advertised lease payment for the 2009 S40 is not based upon full MSRP. It already assumes some sort of dealer discount. If you are able to negotiate a larger discount on the car that you are interested in than the one that is being used to arrive at the advertised payment, which is likely, your monthly payment would be lower...at least before sales tax is added in.   Be careful with Volvo leases though. Volvo is pretty tricky. They usually have special lease money factors through Volvo Finance on "Base" models that they use to advertise an unrealistically low monthly payment. The addition of any options makes a car ineligible for this special money factor. If you want to lease a car that has additional equipment, you may end up having to do so through an independent bank and use the special cash incentives that Volvo is providing on that sort of transaction.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: meyanbarredo (Jul 25, 2009 4:15 pm) Car_man (Aug 14, 2009 2:50 am)
#291 of 298 Re: Lease question [Car_man] by meyanbarredo Jul 25, 2009 (4:15 pm)
Replying to: Car_man (Jul 24, 2009 2:29 am) Hi Car_man! What is a good leasing bank these days? I've searched the internet and I can't seem to find anything so far...   I've spoken to a Volvo sales specialist and he is looking for an S40 worth $29,375 as he said this was the model advertised.   Thanks a lot for your help! Replies to this message: Car_man (Aug 14, 2009 2:50 am)
#292 of 298 Re: Lease question [meyanbarredo] by Car_man HOST Aug 14, 2009 (2:50 am)
Replying to: meyanbarredo (Jul 25, 2009 4:15 pm) Hi meyanbarredo. The best banks to deal with when leasing are either manufacturers' captive finance companies, or in the event that an automaker does not have their own bank the bank that they choose to run their lease specials through, such as Chase or US Bank. Unfortunately, the banks with the most attractive lease programs on vehicles rarely deal directly with the general public. You will have to go through a dealer to take advantage of their attractive lease promotions.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

Messages Page 30 of 31 1 ... 25 26 27 28 29 30 31 Prev Next Last

Go To Msg # Search This Discussion

You are here: Forums Prices Paid: Buying & Leasing Experiences Volvo S40 Lease Questions