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Volvo S60 Lease Questions

737 messages,  Last post on May 24, 2013 at 7:23 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? Volvo S60, Volvo S60 R, Car Leasing, Sedan

Messages Page 45 of 75

#436 of 737 I got it! by 28firefighter

Jul 31, 2007 (9:23 am)

I didn't want to jinx anything and post the details of the deal, until I was sure the car was mine...but today I picked up my 2007 S60 R AWD!!!
 
I'll post pictures of it later on once I get my camera, but wow...an amazing car...here are the details of the deal:
 
2007 Volvo S60 R AWD
Black Sapphire
Nordkap Blue Leather Interior
6spd Manual
Premium Package
Climate Package
18" Wheels
Interior Air Quality System
Volvo Bluetooth
List: $45,700
Sale Price: $40,300
Lease Sale Price (including $11,000 incentive): $29,300
$437/month including Tax
36 Months
12k miles/year
$0 down (Inceptions due at signing only)
 
Car is absolutely fantastic!!

#437 of 737 Re: I got it! [28firefighter] by qbrozen

Jul 31, 2007 (9:52 am)

Replying to: 28firefighter (Jul 31, 2007 9:23 am)
hey, congrats!
 
wow! $16k off is insane!

#438 of 737 Re: I got it! [qbrozen] by kyfdx HOST

Jul 31, 2007 (9:58 am)

Replying to: qbrozen (Jul 31, 2007 9:52 am)
I agree.. it's crazy..
 
I wonder if there is some sort of chargeback, if you try to buy the lease out in the first few months? If not, it seems that leasing, then buying, would be cheaper than purchasing outright...

#439 of 737 Re: I got it! [kyfdx] by 28firefighter

Jul 31, 2007 (10:39 am)

Replying to: kyfdx (Jul 31, 2007 9:58 am)
The residual on it is absolutely stupidly low...something like $17k. My feeling is if the car is trouble free, I'll buy it out at the end of the lease. It's just so much car for the money.
 
Also...an interesting lil tidbit from when I was signing the papers...in the lease agreement with the independent bank, they had a stipulation in there that says as long as you pay your monthly payment on time, they will cover any excess wear and tear on the car up to a cost of $2000.
 
Anyway, as long as it stays trouble free I'll be happy. The deal was really painless too.

#440 of 737 Re: I got it! [kyfdx] by qbrozen

Jul 31, 2007 (11:09 am)

Replying to: kyfdx (Jul 31, 2007 9:58 am)
oh, absolutely. And that's exactly what I've been telling people on these S60s for quite some time now. There is just too much trunk money on a lease to NOT take advantage.

#442 of 737 Re: I got it! [28firefighter] by ssmike

Aug 04, 2007 (12:59 pm)

Replying to: 28firefighter (Jul 31, 2007 9:23 am)
How'd you get the dealer to go about 2K below invoice (in addition to the lease incentives)? It seems to me that their selling price cut out most, if not all of the profit from the holdback?
 
Thanks. I am negotiating with a dealer on a similar car and they want a bit OVER invoice on an R with a few more options.

#443 of 737 Re: I got it! [ssmike] by 28firefighter

Aug 04, 2007 (2:54 pm)

Replying to: ssmike (Aug 04, 2007 12:59 pm)
They had been sitting on the car for a while now, and didn't want to dealer trade it out. So they were very agressive with their pricing.
 
Either way, I'm lovin the car!

#444 of 737 Re: I got it! [28firefighter] by ssmike

Aug 04, 2007 (3:25 pm)

Replying to: 28firefighter (Aug 04, 2007 2:54 pm)
Do you mind telling me what area you are in? Also, how far below invoice was the car sold for? Working backwards with your numbers, It looks like they sold you the car at about 1500 or more below invoice...
 
Or, if you dont want to post this info, please email me at vdriveryahoo.com
 
Thanks. Mike

#445 of 737 Re: I got it! [ssmike] by 28firefighter

Aug 04, 2007 (8:05 pm)

Replying to: ssmike (Aug 04, 2007 3:25 pm)
I am in the Philadelphia region.
 
I believe I posted all my numbers further up as far as sale price and everything....but 1500 sounds right.

Messages Page 45 of 75

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