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Volvo S60 Lease Questions

552 messages,  Last post on Feb 28, 2008 at 9:20 AM

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

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#550 of 552 Re: Lease new S60 and S80 or buy out old, leases? [s60leaser] by qbrozen Feb 27, 2008 (9:21 am)
Replying to: s60leaser (Feb 26, 2008 12:15 pm) Yup. Sounds that way. And I think that is one of the good parts of leasing. At least when it works out like this. You have paid less for the car over this term than you would have had you purchased it.   I have 2 leases right now, too. And neither is worth now what the end of the lease buyout is. So, in other words, come the end of the lease, the cars will be worth far less than the buyout amount. Lucky me because I just need to turn them in and walk away, allowing the manufacturer to eat the negative.
#551 of 552 Re: Lease new S60 and S80 or buy out old, leases? [s60leaser] by qbrozen Feb 28, 2008 (9:11 am)
Replying to: s60leaser (Feb 26, 2008 12:15 pm) ya know, something else you might want to consider is early termination. I mean, depending on your per mile charge on the S80, if you are already at the mileage limit, it may behoove you to turn it in with a check for the remaining payments. Granted, you lose the use of the car from now till June, but it may not be worth it if the per mile charge is too high. something to think about. Replies to this message: s60leaser (Feb 28, 2008 9:20 am)
#552 of 552 Re: Lease new S60 and S80 or buy out old, leases? [qbrozen] by s60leaser Feb 28, 2008 (9:20 am)
Replying to: qbrozen (Feb 28, 2008 9:11 am) Ill look at the #s. .20/mile over,and at this rate Ill put on another $100 in mileage fees, so the 3 remaining payments doesn't (S'cuse the pun) ...pay.. But thanks-good to look at all the angles...

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