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Volvo S40 Lease Questions

299 messages,  Last post on Nov 17, 2009 at 5:49 AM

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

Messages Page 2 of 31

#5 of 299 Re: Re: S40 Leasing Question by Car_man HOST

Sep 14, 2005 (4:28 am)

No problem Alex. You definitely will be able to lease this car for 2 years if you want. The reason why most manufacturers advertise 3 year leases instead of 2 year leases is that in most instances the monthly payments for 3 year leases are lower. This is because vehicles experience their highest rate of depreciation during the first year of ownership. With a 3 year lease consumers have an additional 12 payments to spread out this large depreciation hit over. Let's calculate a sample lease payment on the car that you are interested in and see what we come up with. According to my calculations, if you were to lease a 2006 S40i with an automatic transmission, an MSRP of $28,750 and a selling price of $26,480 through Volvo Finance right now for 2 years with 10,000 miles per, your zero down, pre-tax monthly payment should be around $413. Volvo Finance's lease program on this car is not very attractive right now. I would not be surprised if you were able to lease one for less than this through an independent bank and using the $750 dealer cash that is available on purchases of this car to reduce your vehicle's capitalized cost.
 
Car_man
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#6 of 299 S40 T5 lease by batman702

Sep 14, 2005 (6:33 am)

I was quoted after a days worth of being at the volvo dealer in las vegas: s40 white, auto, t5, audio pkg, sunroof pkg(whatever they call it). sticker was $29995 or so. They wanted 2500 down, 4 year lease(so as all maintenance was included for life of the lease), and monthly payments were around $400.00. I would rather buy but the lowest the salesperson at the dealership told me was $500+ per month with 2500 down. should I lease? is it a good deal for 4 years, 400 a month or try to get them lower on a purchase? Is it feasable to buy this car ar 400 per month? I see a lot of postings, but the dealers here do not want to budge it seems. Any other way of going about this? Please help!
                                                                  Lost in vegas

#7 of 299 s40 2.4 lease question? by benjamins

Sep 15, 2005 (4:48 pm)

I have a quote for a 2.4i with leather package, non-sports suspension, climate package, and auto tranny for $2,215.78 up-front and monthly payments of $375.63. The MSRP is $29,900. I requested info for residual value and cost of car and breakdown of up-front fees. The monthly payments are complete. Is this a good deal and how much more would a T5 be a month (same options, no sports suspension, FWD). I'm in the Newark, NJ area. Thanks.

#8 of 299 Re: S40 T5 lease by Car_man HOST

Sep 23, 2005 (3:25 am)

Greetings batman702. Volvo's lease program on the 2006 S40 T5 is not very attractive right now. Volvo Finance's lease money factor for this car is currently .00275 for a 3 year lease, which is equivalent to an interest rate of around 6.6%. I would be happy to give you an idea of what your lease payment should be like using Volvo Finance's current lease program if you let me know what this car's selling price is. I can also work up a finance payment on this car for you as well with this number.
 
Car_man
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Smart Shopper / Prices Paid Forums

#9 of 299 Re: s40 2.4 lease question? by Car_man HOST

Sep 23, 2005 (4:01 am)

Hi benjamins. You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.
 
Car_man
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#10 of 299 s40 lease by benjamins

Sep 29, 2005 (3:32 pm)

Car Man,
 
My wife leased the s40. Hope that it is a good deal. The car looks quite striking in Brilliant Blue.
 
The lease numbers are capitalized cost of $26797.12 on a $29,900 MSRP car, $15,274.50 residual, the money factor is .0021, and the monthly payment is $375.63.

#11 of 299 Re: s40 lease by Car_man HOST

Oct 03, 2005 (2:49 am)

Benjamins, the selling price that your wife got her S40 for looks very reasonable to me. It looks as though she got a good deal. I hope that she enjoys her new car.
 
Car_man
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#12 of 299 S40 T5 by grecian713

Oct 19, 2005 (12:22 pm)

I am about to lease an '06 S40 T5. Everything on here is for the 2.4i, so I was wondering what anyone out there is paying on a T5. The car I am looking at has premium, audio, and climate packages, and electric silver metallic paint. I was quoted $437/mo. on a 36 month lease. I am not sure on figures for residual or interest, however the MSRP for this car is $31,700. Any opinions would be greatly appreciated. Thanks.

#13 of 299 Re: S40 T5 [grecian713] by au94

Oct 21, 2005 (6:49 am)

Replying to: grecian713 (Oct 19, 2005 12:22 pm)
sounds like a pretty good deal to me. we got a 06 T5 w/premium for 419. msrp was 31180, dealer dropped it to ~28000

#14 of 299 Re: S40 T5 by Car_man HOST

Oct 24, 2005 (2:52 am)

Hi grecian713. You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of your deal if you let me know what its selling price is.
 
Car_man
Host
Smart Shopper / Prices Paid Forums

Messages Page 2 of 31

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