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Volvo S80 Lease Questions

241 messages,  Last post on Nov 30, 2009 at 3:07 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Volvo S80, Car Leasing, Sedan


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#205 of 241
Re: 2009 S80 T6 Lease Info [JPeriwinkle] by jordon26
Dec 18, 2008 (8:17 am)
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Replying to: JPeriwinkle (Dec 15, 2008 12:42 pm)

JPeriwinkle,
 
I think the Edmunds review on the S80 is right on the money. As far as quality and reliability, you may also want to check out similar blogs that deal with that. I have never owned an S80 before, so I cannot speak from experience except to say that my wife has been driving an XC90 for almost 4 years now and we have both been very pleased with that vehicle. We've never had an issue with our Volvo, and we love almost everything about it.
 
Having said that, I recently decided to take the plunge and lease a 2009 T6 with the works. I can't wait until I take possession of the car next week.
#206 of 241
by serdarfl
Dec 19, 2008 (6:25 am)
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Jordon, you are right. My mistake. Costco only applies to XC's and V70. However if you work for a company that is affiliated with Ford or Volvo you qualify for the X-plan prices. You have to provide your dealer with a Pin Code.That gets you additional $2,500 on top of the current incentives. Also, If you currently own a Volvo that's 2,000 loyalty money on the S80. T6 is a very nice ride. Has the pick up the 3.2 lacks. I believe you already finalized the deal but I wanted to make sure you are aware of the promotions. Enjoy your vehicle!
#207 of 241
Question on Volvo S80 Lease by nate007
Feb 03, 2009 (1:19 pm)
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Have just been quoted the following lease deal on a Volvo S80, 3.2 (not turbo or V8). Convenience package, navigation, BLIS - MSRP (according to Vovlocars.com)at $45,235. For 42 months, 15K/month, $1,200 down, and cap cost of $33,600 for a total monthly payment of $535/month plus tax. Seems a little high to me. I was hoping of something in the $400's including tax with no money down (other than 1st month's payment). Does this seem like a good deal? If not, how much can I negotiate off the quoted cap cost? I am not a current Volvo owner, nor do I have a family member who is a ford ee.
 
Thanks!!!
#208 of 241
Will Volvo Finance Negotiate on my Buyout? by johninDC
Feb 08, 2009 (7:59 pm)
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Carman, my lease is up in June. Will Volvo Finance negotiate on my buyout? If yes, any idea how I figure out what is the minimum they will take for the car? Thanks
#209 of 241
by nate007
Feb 10, 2009 (2:16 pm)
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Carman or others-
 
Just negotiated the following lease for a 2009 S80. I was hoping at the end of the day to be at $500 including tax, but I'm pretty happy with this. Any thoughts on whether I should take the deal?
 
3.2, Convenience Package, Climate Package, BLIS, Sirius - MSRP $44,335.00
Sale Price - $31,601.00
First month payment down only
39 months
12,000/year
496.00/month plus tax = $530.00/month total
#210 of 241
Re: Will Volvo Finance Negotiate on my Buyout? [johninDC] by Car_man HOST
Feb 17, 2009 (4:03 am)
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Replying to: johninDC (Feb 08, 2009 7:59 pm)

Hi johninDC. I do not have any personal experience in trying to negotiate a vehicle's end of term purchase option price with Volvo Finance. In general though, more often than not, banks will not negotiate these prices. This doesn't mean that you shouldn't try though. The only thing that you have to lose by giving them a call to see if they will work with you is a few minutes of your time.
 
Base your offer to them on what your used S80 is worth in the open market right now. You can find out approximately what your car is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values".
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#211 of 241
Re: Will Volvo Finance Negotiate on my Buyout? [Car_man] by sophie44
Apr 06, 2009 (5:58 am)
Reply

Replying to: Car_man (Feb 17, 2009 4:03 am)

I am about to sign an S80 lease and would appreciate any informed feedback as to the negotiated terms.
 
The vehicle is a black/black 2009 S80 T6 with metallic paint, the climate package and diamond cut wheels. It is a 36 month/12K mile lease. I would be paying no cap reduction, only tax, title, licensing and first payment at signing.
 
The monthly payment is $459. Is there any reason not to close this deal?
#212 of 241
New Lease on Volvo S80 by azbmwx5
Apr 13, 2009 (1:42 pm)
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Hello Car_Man:
 
I realize that this is not a well frequented thread, so I hope that you will see my message. I am working on a lease for a 2009 S80 3.2 6 cyl (non-turbo), either the base model, or with only the convenience package added. I understand that the dealers are receiving $6,500 cash on this model. Can you give me Volvo Finance's money factor and residual on a three or four year deal, 10,000 or 12,000 miles per year? Can you also let me know what Volvo's bank fee is and if there is typically a fee at the end of the lease? I am seeing deals advertised that are all over the place, so I am willing to be flexible on the exact deal terms to get the best money factor/residual balance. I really appreciate your help.
#213 of 241
Re: New Lease on Volvo S80 [azbmwx5] by Car_man HOST
Apr 15, 2009 (3:15 am)
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Replying to: azbmwx5 (Apr 13, 2009 1:42 pm)

Hi azbmwx5. Volvo is providing $6,500 dealer cash on the 2009 S80 right now, but this cash is not compatible with its special lease program. Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2009 S80 with 12,000 miles per year are .00172 and 43%, respectively. The 10k residual value would be 1% higher.
 
I know that Volvo Finance charges a $595 acquisition fee on every vehicle that it leases, but I'm not sure if it has a disposition aka termination fee.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#214 of 241
May money factor and residual by godfather9
May 12, 2009 (10:50 pm)
Reply
Does anyone know the current money factor and residual for a 15k a year, 36 month lease?

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