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Volvo V50 Lease Questions

68 messages,  Last post on Jul 18, 2009 at 6:20 PM

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

What is this discussion about? Volvo V50, Car Leasing, Wagon


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#27 of 68
MF and RV for 07 V50 Automatic by stelzer
Apr 13, 2007 (5:02 pm)
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Hello! Looking for the MF and RV on a 2007 V50 AWD T5 automatic in Colorado - Thanks!
#28 of 68
Volvo lease on table by stelzer
Apr 15, 2007 (9:24 am)
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Hello - have following offer on lease
07 V50 T5 AWD
Barrents Blue
Premium Package
Premiun Audio
Climate Package
Automatic Trans
Incl Destination
MSRP 36575
Cap 29175
RV 48%
Money Factor .002
Monthly payment - $415.00 + Tax
Due signing 1st payment + Lease Aq fee
36 mos / 12,000 miles
 
Good deal?
#29 of 68
Current purchase incentives ? by flatcoat2004
May 01, 2007 (9:00 am)
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Replying to: volvosc (Mar 31, 2007 11:06 am)

I know this is a leasing forum, but it seems to be the most active of the V50 forums, so thought I'd try here ...
 
I'm considering a T5 or T5 AWD, and can't find any info about current dealer incentives. Any info appreciated !
#30 of 68
Re: Current purchase incentives ? [flatcoat2004] by volvobuff
May 05, 2007 (6:17 am)
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Replying to: flatcoat2004 (May 01, 2007 9:00 am)

The incentives listed by Car_man in message #20 above on March 1 were increased $500 by Volvo in April and another $500 in May. The current third-party (i.e. non-Volvo) lease subvention is $5,500 for a V50 T5 and $6,000 for a V50 T5 AWD, plus you can add in another $500 cash conquest/loyalty bonus on either vehicle. Most dealers in my area (New England) are willing to sell V50s at invoice. A third-party lease for a V50 T5 should therefore have a cap cost of $6000 below invoice, and a V50 T5 AWD should have a cap cost of $6500 below invoice. I just closed on a V50 T5 lease at these numbers.
#31 of 68
MFs and Residuals by timmboj
May 06, 2007 (4:21 am)
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Does anyone have the MF and Residuals for a 24 or 36 month lease at 15K miles per year? Will the values vary with different third-party lease companies?
 
The $6500 off that VolvoBuff mentions is very tempting.
 
How does one go about finding a reputable third-party leasing company?
#32 of 68
Re: MFs and Residuals [timmboj] by volvobuff
May 06, 2007 (7:10 am)
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Replying to: timmboj (May 06, 2007 4:21 am)

The best numbers I have found on a 36/12K lease are 47% residual and .00205 money factor. Residual on a 15K lease should be about two points lower.
 
Yes, residuals and especially money factors will vary substantially among third-party lessors. It pays to shop around. Current Volvo Financial Service leases are nowhere near competive on the T5 and T5 AWD, which is why Volvo is offering generous subventions for third-party leases.
 
You can and should contact third-party auto lessors directly for quotes (check Yellow Pages and Internet), but my experience is that car dealerships offer products from bank subsidiaries such as JP Morgan Chase, US Bank, and Wells Fargo that are very competitive. Such big national bank lessors often offer products only through car dealers and do not deal directly with end customers. The financial manager at your dealership should be willing to provide you with competitive leasing offers from at least two 3rd party lessors plus Volvo Financial Services.
#33 of 68
Re: MFs and Residuals [volvobuff] by timmboj
May 09, 2007 (3:38 am)
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Replying to: volvobuff (May 06, 2007 7:10 am)

Oh, ok. I didn't realize Volvo would lease through a third-party. I thought I had to do this on my own, and have the third-party leasing company purchase the car.
 
Sounds good. Thanks!
 
BTW: 2 points lower on the Residual? Or the MF? Or both?
#34 of 68
Re: MFs and Residuals [timmboj] by volvobuff
May 09, 2007 (6:05 am)
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Replying to: timmboj (May 09, 2007 3:38 am)

Residual. Bear in mind that one percentage point up or down in the residual value makes a substantial difference in your monthly payment, whereas five points or even more on the MF make relatively little impact on your payment. You might want to put all the numbers into an Excel spreadsheet and play around with them, in order to get a feel as to how important the various factors are and what the total cost over the full term of the lease will be.
 
BTW (I realize this is off the leasing thread, but...) if you are considering both the V50 T5 and T5 AWD, as I think I recall from an earlier post, you might want to keep in mind that the AWD has a sport suspension, whereas the base T5 FWD does not, although it can be added to the FWD model with the Dynamic Trim Package. I test-drove both models, and the difference is fairly substantial. The V50 ride is very stiff to begin with, and the sport suspension makes it even more so. If handling and AWD traction are your primary concerns and you don't mind a stiffer ride, AWD is the way to go, plus you get another $500 lease subvention, which pays for a good part of the AWD upcharge. If, however, ride comfort and better fuel economy are of more importance to you, the FWD would be the better choice. I opted for the latter.
 
Another issue is that if you are planning to buy a car off the lot from inventory, you are much more likely to find a selection of T5 AWD models available. My experience is that most dealers don't seem to want to stock T5 FWD models.
#35 of 68
Re: MFs and Residuals [volvobuff] by timmboj
May 10, 2007 (3:31 am)
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Replying to: volvobuff (May 09, 2007 6:05 am)

Thanks for the info. Very helpful. I didn't know about the suspension automatically added with the AWD. I want the 6-speed manual, so I'm stuck with the AWD and the stiffer suspension, but I like the AWD, and the suspension will most-likely be ok with me. I'm looking for something sporty, yet utility-ish. But I'll test both just to feel the difference. BTW: what type of fuel mileage are folks getting with a T5 AWD V50?
#36 of 68
Re: MFs and Residuals [timmboj] by volvobuff
May 10, 2007 (12:56 pm)
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Replying to: timmboj (May 10, 2007 3:31 am)

My guess is that Volvo opted not to offer the 6-speed manny tranny on the 2.4i and T5 models because it would have been way too easy to spin the drive wheels on acceleration with the FWD models. Both engines, but especially the T5, seem to have a lot more power and torque than their rather modest HP ratings would seem to indicate. Or maybe I just drive with a very heavy foot...
 
If you find the ride on the T5 AWD to be too stiff, you can always mitigate that problem with other tires. The OE Michelin Energy MXV4 S8 tires are really disappointing in both ride and handling; I plan to replace mine with Bridgestone Turanza LS-V tires as soon as possible.

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