Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
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
|
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!
|
|
|
Replying to: elisco (Apr 04, 2009 1:58 pm) 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
|
|
|
Replying to: Car_man (Apr 15, 2009 3:09 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 ?
|
|
|
Replying to: mel10021 (May 21, 2009 5:54 am) 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 |
|
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% |
|
|
|
|
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.
|
|
|
Replying to: meyanbarredo (Jul 23, 2009 6:47 pm) 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
|
|
|
|
|
Replying to: Car_man (Jul 24, 2009 2:29 am) 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!
|
|
|
Replying to: meyanbarredo (Jul 25, 2009 4:15 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Volvo S40 Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Volvo S40
Browse by Board
Browse by Topic
Today's Chats
