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
#97 of 299 Re: Volvo S40: Lease Questions [sunvolvo]
Sep 10, 2006 (7:03 am)
Hi sunvolvo. Volvo is currently providing a number of cash incentives on the 2006 S40 in your area. It has $2,000 bonus cash on it plus an additional $1,000 conquest / loyalty cash, plus an additional $1,250 lease cash. This all adds up to a total of $4,250 on leases of this car through Volvo Finance. This is before any sort of dealer discount. I am sure that most dealer will be fairly anxious to unload any 2006 models that they have left in inventory now that the 2007 models have arrived. If I was in the market for this car, I would shoot for around dealer invoice and then have the dealer subtract any available cash incentives.
Prices Paid Forum
#98 of 299 Re: Just pulled the trigger on 2.4i Auto Select Climate Metallic [mrrk47]
Sep 10, 2006 (7:04 am)
I agree mrrk47. 63 months is way too long to lease any vehicle for. 48 months is really the longest one should lease for and I personally prefer 36 to 39 month leases.
Prices Paid Forum
Sep 10, 2006 (7:08 am)
Hello stanwelks. Volvo is currently providing $1,750 dealer cash on the 2007 S40. I do not believe that this cash is compatible with leases though Volvo Finance though. I am sure that the dealer you are working with took it into account when they quoted you a selling price for a cash purchase of this car, so they price for a lease of one through Volvo Finance may be $1,750 higher. Other than that, you should be able to negotiate the selling price of this car for a lease, just as if you were paying cash for it. You can always stop by the following discussion to see how much other community members have paid for similar cars lately: "Volvo S40: Prices Paid & Buying Experience".
Prices Paid Forum
#100 of 299 Re: 2007 S40 T5 lease info [driveallday001]
Sep 10, 2006 (7:12 am)
Here you go, driveallday001. In your area, Volvo Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2007 S40 T5 2WD with 15,000 miles per year are .00233 and 65%, respectively. The numbers for an otherwise identical 36 month lease of this car are .00233 and 55%. If you lease with only 12,000 miles per year, this car's residual values would be 2% higher. Other than a bonus for returning Volvo Finance lessees, I do not believe that Volvo is currently providing any cash incentives on leases of this car through Volvo Finance right now. It has $1,750 dealer cash on it, but this incentive is not compatible with its special lease program.
Prices Paid Forum
#101 of 299 Fair price on 2007 S40?
Oct 14, 2006 (4:23 am)
MSRP $29,310, automatic, select and climate packages. 36 month lease, 12K/year. First month, tax and MV fees (approx $2,600) due at signing. $299/month.
#102 of 299 Lease on 2007 S40 T5 AWD
Oct 17, 2006 (2:21 pm)
I need some advice as to whether the following two offers from a local Volvo dealer are as good as they sound to me. Both are for a 2007 S40 T5 AWD 6-speed manual, metallic paint, audio pkg, climate pkg, premium pkg, 15,000 miles per year, and $1350 up front.
Scenario 1 - 48 month lease, $450/month payment.
Scenario 2 - 36 month lease, $483/month payment.
Are these good offers? Which one is best?
#103 of 299 Update: Lease info on 2007 T5 AWD
Oct 18, 2006 (7:28 pm)
After another day of haggling, this is where I currently stand with 36-month, 15,000 miles/year lease quotes from two different dealers (this is for an '07 S40 T5 AWD, Prem Pkg, Audio Pkg, Climate Pkg, Metallic Paint and Sirius Radio MSRP $34,375):
Dealer A - cap cost $26,209 - residual value 44% ($15,125) - money factor 0.00250 - total up-front money $1352 - total monthly payment (with 10% use tax) $452.
Dealer B - cap cost $27,462 - residual value 48.64% ($16,719) - money factor: 0.00250 - total up-front money $1357 - total monthly payment $437.
How can two dealers in the same area (Pittsburgh, PA) give me two different residual values for the same car? They both seem low compared to what I have been reading on here. Dealer A claims that Dealer B is clearly using faulty numbers, that they have a history of these kinds of stunts, and will likely pull a bait and switch on me, changing the deal with correct numbers when the time comes.
Dealer A seems to have better service and has a better overall "feel" to me than Dealer B (for example, Dealer B seemed ultra secretive, not allowing me to take a copy of their detailed lease quote with me), but is this worth $15 a month more?
Any and all advice would be greatly appreciated!
#104 of 299 Re: Update: Lease info on 2007 T5 AWD [jobualli]
Oct 20, 2006 (8:52 pm)
I am looking at the S40i with select and climate package at dealers in Pgh and I got $398 with tax 36/15K $1300 at siging with an msrp of $28,335, no negotiation yet just an email quote. This is from Bill Gray, where are your quotes from? I want the awd but wanted a base point for the price with s40i before I asked for the AWD pricing. I have dealt with bill gray in the past and they were all pretty honest people and were pretty no nonsense, I have not dealt with any of the other dealers yet so I will find out their pricing in the next few days.
#105 of 299 Re: November lease programs? [Car_man]
Oct 23, 2006 (8:36 am)
I received the following lease offer for a 2007 S40 T5 AWD automatic with climate and premium packages:
36 months, 10k miles per year, $1,200 for initial fees (bank, motor vehicle & doc fees) + first month, $0 additional down. The money factor used is .00217 and the residual is $17,573.
For $336/month (incl tax) is this is a good deal?
#106 of 299 Re: Update: Lease info on 2007 T5 AWD [cheapskate87]
Oct 23, 2006 (3:31 pm)
I put a deposit on a deal with BG on Saturday. I am glad to hear that you have had good experience with them. I will be sure to let you know how mine goes, once I have taken delivery, etc. I think my initial lack of trust was partly due to never dealing with them before and partly due to the tactics their competitor was playing. I am happy with how things have gone so far. Stay tuned...