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Volvo S40 Lease Questions

259 messages,  Last post on Jul 02, 2008 at 7:39 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


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#6 of 259
S40 T5 lease by batman702
Sep 14, 2005 (6:33 am)
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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 259
s40 2.4 lease question? by benjamins
Sep 15, 2005 (4:48 pm)
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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 259
Re: S40 T5 lease by Car_man HOST
Sep 23, 2005 (3:25 am)
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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.
 
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#9 of 259
Re: s40 2.4 lease question? by Car_man HOST
Sep 23, 2005 (4:01 am)
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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.
 
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#10 of 259
s40 lease by benjamins
Sep 29, 2005 (3:32 pm)
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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 259
Re: s40 lease by Car_man HOST
Oct 03, 2005 (2:49 am)
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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.
 
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#12 of 259
S40 T5 by grecian713
Oct 19, 2005 (12:22 pm)
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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 259
Re: S40 T5 [grecian713] by au94
Oct 21, 2005 (6:49 am)
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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 259
Re: S40 T5 by Car_man HOST
Oct 24, 2005 (2:52 am)
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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
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#15 of 259
Re: S40 T5 [Car_man] by grecian713
Oct 25, 2005 (5:00 am)
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Replying to: Car_man (Oct 24, 2005 2:52 am)

The selling price was ~$26,900, with tax and fees total ~$28,100. Payment of $450/month (higher than originally posted due to hight money factor).

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