Last post on Nov 17, 2009 at 4:49 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Volvo S40, Car Leasing, Sedan
#85 of 299 Just pulled the trigger on 2.4i Auto Select Climate Metallic
Jul 25, 2006 (11:37 am)
Well, I had to go out of state to do it, but I just put a down payment on the EXACT car I wanted (as if I had ordered it). I am a recent college grad, and needed the lowest monthly payments possible so I can start to build my bank account. So I did a 63 month lease. Here are the details...
2006 Volvo S40 2.4i, Automatic, Select Package, Climate Package, Flint Gray Metallic, Taupe T-Tec
63 mo. lease 12k mi./mo.
MSRP - $29,085
Gross Cap Cost - $23,700
MF - 0.00201
Res - %29 (8434.65)
Down - $572
Monthly Payment - $320
Another great thing I found out is that the car only recently arrived in the states (5/2006), so it hasn't been sitting on a dealer lot soaking up the sun for the past 11 months!
#87 of 299 Re: S40 2.4i Automatic w/ Select Pkg, DSTC [Car_man]
Aug 01, 2006 (10:41 am)
It was indeed through an independent bank. I took Wells Fargo to them to get the incentive and they insisted on US Bank.---so I insisted on a bigger discount to go with US Bank. The car's great. You guys run an awesome forum.
#88 of 299 Re: S40 T5 Lease for July [alpinehills]
Aug 09, 2006 (1:45 am)
Thanks for the additional information, alpinehills. For the month of August, I believe that Volvo eliminated its lease support on the 2006 S40. That means if you want to lease one you are going to have to do so through an independent bank instead of Volvo Finance. This isn't really a big deal because when Volvo's cash incentives are taken into account independent banks often are the best option to lease them. In August, Volvo is providing a total of $3,250 in cash incentives on the '06 S40. Make sure to use this cash to negotiate an attractive selling price on the car that you want.
Prices Paid Forum
#89 of 299 Re: S40 2.4i Automatic w/ Select Pkg, DSTC [shakzila]
Aug 09, 2006 (1:55 am)
Thanks shakzila. Enjoy your new car .
Prices Paid Forum
#90 of 299 Re: S40 2.4i Automatic w/ Select Pkg, DSTC [Car_man]
Aug 12, 2006 (3:31 pm)
Looking to lease an s40 T5 in TX and would like to get in with minimum down and minimum mileage. Can you tell me what I can expect from MSRP, residual, finance rate, etc. for 36 and 48 months?
#91 of 299 Re: Volvo S40: Lease Questions [Car_man]
Aug 13, 2006 (12:16 pm)
I just moved to San Francisco and am looking to lease a 2006 S40 T5 with the following specifications:
> Titanium Grey Metallic
> Premium Package
> Audio Package
> Park Assist Front and Rear
> 36-month lease
> 12,000 miles/year
MSRP on the Volvo website is $33,744. I am planning on putting $3,500 down, which gets me to a calculated payment of $469/month. Based on what I have read throughout this forum that seems a bit high. Is it safe to assume that I can knock off ~$4,500 in looking for an '06?
#92 of 299 Re: Just pulled the trigger on 2.4i Auto Select Climate Metallic [longhornjeff]
Aug 17, 2006 (10:09 pm)
Wow...a 63 month lease and a 320 payment. I did a 48 month lease(as long as the warranty) everything you have except select pkg for 365...I guess a 45 extra dollars is lot of money. Wow a 63 month lease !!!!!!!!!!!!!! I didn't even know they had such a thing .Wow a 63 month lease..was 64 too long ...JK! bye the way I put nothing down, Edmonnds doesn't recommend a lease longer than the reg warranty....
Aug 23, 2006 (10:39 pm)
I have been negotiating the price for an 07 S40 at around $27k. I am now thinking that it might be a better idea to consider leasing it. How should I expect this to affect the price that I was negotiating now that I might be leasing it?
Do dealers try to charge more for a lease than for a purchase?
#94 of 299 Re: ??? [stanwelks]
Aug 24, 2006 (1:05 am)
Don't let it affect it at all. You can and should negotiate price in the same manner as if you were purchasing. I once fell for the myth of no neg for leases...BS. Talk price first..settle it firm.