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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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#43 of 51
v50 2.4 lease by rumblebumble
Mar 07, 2008 (11:29 am)
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Hi,
 
In Massachusetts here and trying to get my arms around a potential lease. Do we know what current deals are for this car? I want to be well armed before entering dealer. Thanks.
#44 of 51
Re: v50 2.4 lease [rumblebumble] by volvobuff
Mar 07, 2008 (11:44 am)
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Replying to: rumblebumble (Mar 07, 2008 11:29 am)

You might want to contact Farrell Volvo in Southboro. I have recently leased two Volvos from them (S40 and V50) and can highly recommend them for excellent lease pricing and straightforward honest no-hassle customer relationships. Can't say as much for the half dozen other Eastern MA dealerships that I contacted.
#45 of 51
Re: v50 2.4 lease [volvobuff] by rumblebumble
Mar 07, 2008 (12:18 pm)
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Replying to: volvobuff (Mar 07, 2008 11:44 am)

Great, thanks for the tip. Are they leasing with a volvo program or another bank? Do you know the info on the lease factor, depreciation, volvo subsidy to lease company, etc.?
#46 of 51
Re: v50 2.4 lease [rumblebumble] by volvobuff
Mar 07, 2008 (12:55 pm)
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Replying to: rumblebumble (Mar 07, 2008 12:18 pm)

I would gladly pass along the name of my great salesman and sales manager, but this forum does not allow me to do so. Both of my vehicles were special factory orders, including features not available on NA market cars; they were great at going to bat for me with VNA and getting me the cars I wanted.
 
They offer leases through Volvo Financial Services as well as US Bank and Chase. US Bank had the best deals by far, both last May, when I got my V50, and last December, when I got my S40. VFS is simply not competitive, plus they require a monthly escrow of your MA excise tax. Lease numbers change from month to month and vary from one model to another, so any info I have would be both out of date and not applicable to your model.
 
In general, however, you should negotiate the net sale price first as if you were buying the car for cash outright, expect to get the car for at or close to invoice, and then get the entire current Volvo 3rd party lease subvention deducted from the net price to generate the cap cost used in calculating the lease. If you don't know what these terms mean, you need to do some homework before you go anywhere near a dealership. There are all kinds of creative ways to get screwed on a lease negotiation if you don't know what you are doing -- not that I think Farrell would do that to a customer. Focusing just on the monthly payment is always a mistake. Good luck and happy negotiating!
#47 of 51
Any current V50 Leasing programs? by hldsbrg
Mar 17, 2008 (4:10 pm)
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I live in Northern California and am looking for a volvo dealership that is offering a leasing program on the V50's. Does anyone know of any?
#48 of 51
Re: Any current V50 Leasing programs? [hldsbrg] by Car_man HOST
Mar 19, 2008 (2:24 am)
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Replying to: hldsbrg (Mar 17, 2008 4:10 pm)

Hi hldsbrg. Technically, individual dealerships do not lease vehicles to consumers, banks do. You should be able to lease the V50 that you want through any Volvo dealer that you want to. Shop around and go with the one that offers you the lowest selling price. I don't believe that Volvo Finance is currently running a special lease program on this model. If not, then you will probably be better off leasing it through an independent bank. When negotiating your lease, keep in mind that Volvo is currently providing a special $4,500 cash incentive on leases of '08 V50 2.4i 2WD,$6,000 on V50 T5, and $6,500 on V50 AWD models. This cash will help you to negotiate an extremely low selling price.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#49 of 51
Re: Any current V50 Leasing programs? [Car_man] by landrover1
Mar 26, 2008 (12:21 am)
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Replying to: Car_man (Mar 19, 2008 2:24 am)

Car_man,
 
On Edmunds.com the incentives listed are:
 
1500 Cash to Dealer start: 01/03/2008 end: 03/31/2008 Where did you get the $6000 amounts?
 
Thanks
#50 of 51
Re: Any current V50 Leasing programs? [landrover1] by nbmiller
Mar 26, 2008 (1:51 pm)
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Replying to: landrover1 (Mar 26, 2008 12:21 am)

Car_man-
 
I also spoke to my local dealers here in Pasadena, CA about the lease incentives you mentioned in #48. They didn't seem to know of any going on now for the V50.
 
Tell me if I'm crazy or not: looking for a 36 month lease, $0 down, 10.5k miles/month on a T5, titanium gray, black leather w/ premium package for under $400 month.
 
Seems possible if there are the incentives you say there are.
#51 of 51
Re: Any current V50 Leasing programs? [nbmiller] by Car_man HOST
May 30, 2008 (2:24 am)
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Replying to: nbmiller (Mar 26, 2008 1:51 pm)

Hi nbmiller. The cash incentives that I mentioned earlier have expired. This quarter, Volvo is only providing $1,500 on the 2008 V50.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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