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Volvo V50 Lease Questions

51 messages,  Last post on May 30, 2008 at 2:24 AM

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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#33 of 51
Re: MFs and Residuals [volvobuff] by timmboj
May 09, 2007 (4:38 am)
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Replying to: volvobuff (May 06, 2007 8:10 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 51
Re: MFs and Residuals [timmboj] by volvobuff
May 09, 2007 (7:05 am)
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Replying to: timmboj (May 09, 2007 4:38 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 51
Re: MFs and Residuals [volvobuff] by timmboj
May 10, 2007 (4:31 am)
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Replying to: volvobuff (May 09, 2007 7:05 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 51
Re: MFs and Residuals [timmboj] by volvobuff
May 10, 2007 (1:56 pm)
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Replying to: timmboj (May 10, 2007 4:31 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.
#37 of 51
incentives still around by lhandelsman
Jul 07, 2007 (8:51 pm)
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Hey all,
 
does anyone know if the 3rd party lease incentives are still around? How does that work? Do i need to have a lease worked out before I walk in the door or do I tell the finance guy at signing that I want to go 3rd party (after negotiating)?
 
And whats the current MF and residual on a 2007 2.4i 48 mth lease? 10K, 12K, or 15k if you know them.
 
Thanks!
#38 of 51
2007 or 2008 Volvo V50 lease questions by rxke
Jul 15, 2007 (5:26 am)
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HI
 
What is the money factor and residual value for a V50 in NY with 15K per year and a 36 or 39 month lease. I read in Automotive News that dealers are getting up to $2250 in incentives. I had that confirmed with a salesman.
 
Thanks
RXKE
#39 of 51
2008 V50 Lease deal? by ryanc111
Sep 18, 2007 (2:45 pm)
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Ok, I hit an elk with my old car so am now in the need of a new car quickly. I live up in the mountains in Colorado and am looking at the 2008 V50 T5AWD. I have a quote from Roaring Fork Volvo in Glenwood Springs as follows:
MSRP: 38,817
Cap cost: 33,444
Total out of pocket: 2,874
36 months - 15k/year 515/month
 
Unfortunately I don't have any of the other details on the loan (residual, money value, details of out of pocket expenses) yet.
 
I don't have a lot of time to do much research here - what's the consensus? Is this a fair deal?
#40 of 51
Re: 2008 V50 Lease deal? [ryanc111] by Car_man HOST
Sep 26, 2007 (2:35 am)
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Replying to: ryanc111 (Sep 18, 2007 2:45 pm)

Hi ryanc111. You hit an Elk with your old car . I hope that everyone is OK. I could see where that would do some damage. Interestingly enough, a number of years ago I believe that I read an article about how a manufacturer, and if my memory is correct it was a Swedish manufacturer like Volvo or Saab before they were bought out, that conducted moose crash tests on new vehicles.
 
Let's take a look at the deal that you were quoted. You are being given a huge discount on this car, over $5,000. This leads me to believe that the dealer you are working with is running your deal through a bank other than Volvo Finance. Volvo is currently providing a special $4,250 cash incentive on '08 V50 T5 AWD models that are leased through independent banks. When I add this cash to the likely $2,500 spread that this car has between its full MSRP and its dealer invoice price I come up with a total of $6,750 to play with. This probably puts the selling price that you were quoted at around $1,300 over invoice or so. This isn't bad, but it wouldn't hurt to shop around a little bit to see if you can beat this price by a couple hundred dollars if you have the time.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#41 of 51
48 month vs. 24 month lease??? by migity
Dec 05, 2007 (12:02 am)
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I am trying to work with a local dealer for a l24 month lease with little, to no down. I am looking at the base model, it does have fog lights & moon roof, but not much more. I was asking for a monthly payment in the mid $300's. They came back with $1,500 down and a $414 monthly for 48 months!?!?
 
I told them that I did not want such a long term lease and they said that the payments will be a lot more for a 36 or 24 month lease. Is this right? It seems that the residual will be a lot less after 48 months? Are they BSing me here. If not, why are so many attractive lease payments on other cars between 24 and 36 months? Why would this be different?
 
Nick
#42 of 51
v50 2.4 lease in oregon by zaback
Jan 18, 2008 (9:33 pm)
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Carman,
any lease incentives?

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