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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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#53 of 68
v50 Lease by mikeg77
Nov 15, 2008 (9:18 am)
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I'm contemplating a current lease deal on the 2009 v50 of
 
MSRP = 31,650
Sale Price = 23,327
12k
Plus 1k rollover on current lease
$0 down
$604 due at signing
.0025 money factor = 6%(I think)
------------------------------------------------------
$439/month
 
Anyone have an opinion on this? Another option is to hold out till January when my current lease is up, but incentives rate may change.... All opinions on current deal and options are welcome..
 
Thanks
#54 of 68
V50 lease rates by dtmcgarry
Dec 25, 2008 (3:15 pm)
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Hello, I'm looking at V50s, 2009, 2.4i. What would the MF and residual be for
 
#1 with
- leather
- climate
- metallic paint
- MSRP $33025
 
#2 with
- leather
- climate
- metallic paint
- boosters
- BLIS
- MSRP $34020
 
on a 3yr/36k-mile lease through Volvo.
 
Also, what is Volvo's acquisition fee?
 
Thanks
#56 of 68
What is Volvo "Lease Assistance" incentive? by chicagoS
Jan 06, 2009 (10:02 pm)
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I talked to a dealer today who said that Volvo is offering $4,750 in "lease assistance" for leasing a V50. Does anyone know how this works? Is it a straight deduction from the negotiated sales price, or is it more complicated than that?
#57 of 68
Re: What is Volvo "Lease Assistance" incentive? [chicagoS] by marys236
Jan 07, 2009 (8:05 am)
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Replying to: chicagoS (Jan 06, 2009 10:02 pm)

Is that on the 2009 model? Does anyone know the MF and RV on a 2009 V50, base model (2.4i), 36/45k, in Oklahoma?
#58 of 68
Re: What is Volvo "Lease Assistance" incentive? [marys236] by chicagoS
Jan 07, 2009 (9:17 am)
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Replying to: marys236 (Jan 07, 2009 8:05 am)

Sorry I forgot to specify. That was on a 2009 V50 5T R-Design, but I believe it applies to both types of 2009 V50s. I think it is actually called "alternative lease assistance" and I am thinking it may be an incentive that Volvo gives you if you get your loan with an alternative bank rather than through Volvo Finance but I could be wrong.
 
I am also curious about MF and RV for the 2009 5T R-Design on a 48mo/10k lease in Chicago. Edmund's calculator seems to suggest the residual for this arrangement is around 44%.
#59 of 68
Re: V50 lease rates [dtmcgarry] by Car_man HOST
Jan 12, 2009 (3:44 am)
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Replying to: dtmcgarry (Dec 25, 2008 3:15 pm)

Hi dtmcgarry. Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 V50 2.4i with 12,000 miles per year are .00176 and 47%, respectively. Volvo Finance's current base lease acquisition fee is $595.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#60 of 68
Re: What is Volvo "Lease Assistance" incentive? [chicagoS] by Car_man HOST
Jan 12, 2009 (3:47 am)
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Replying to: chicagoS (Jan 06, 2009 10:02 pm)

Hi chicagoS. What you were told is correct. Volvo is currently providing a $4,750 cash incentive for leases of 2009 V50 through banks other than Volvo Finance. One cannot combine this cash and the special lease money factor that Volvo is currently providing on this model.
 
If you opt to go with a non-Volvo Finance lease, negotiate the lowest possible selling price on the unit that you are interested in and then have the dealer subtract this incentive from that.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#61 of 68
Car_man and others... by thenukes
Jan 30, 2009 (10:49 pm)
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Just a heads up and a thank you...
 
Found this discussion after months of exhausting car shopping. (New, used, lease, etc.) I'm a Volvo owner, but the new models were just out of my price range.
 
Well, using the incentive offer I found out about here, I got my wife a new V50 lease this week! I got an EXCELLENT price. Totally hit my target and probably wouldn't have without the lease incentive.
 
I highly suggest anyone shopping get out there right now and at least look into it. I wonder if any other manufacturers are doing the same? I looked into Mitsubish and NIssan, but neither of them were willing to bargain on a lease rate at all. (Odd, considering the state of the auto-industry.)
 
Anyway, thanks again for sharing the info. We're elated about this car.
#62 of 68
Re: Car_man and others... [thenukes] by Car_man HOST
Feb 03, 2009 (3:40 am)
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Replying to: thenukes (Jan 30, 2009 10:49 pm)

You're very welcome, thenukes. I'm glad that you got a good deal. If you'd like, you can hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others. Enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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