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Volvo V50 Lease Questions

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

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

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#58 of 68 Re: What is Volvo "Lease Assistance" incentive? [marys236] by chicagoS Jan 07, 2009 (9:17 am)
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)
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 Host 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)
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 Host Prices Paid: Buying & Leasing Experiences Forum
#61 of 68 Car_man and others... by thenukes Jan 30, 2009 (10:49 pm)
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. Replies to this message: Car_man (Feb 03, 2009 3:40 am)
#62 of 68 Re: Car_man and others... [thenukes] by Car_man HOST Feb 03, 2009 (3:40 am)
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
#63 of 68 Looking to lease a Volvo 2009 V50 by ukgirl Mar 07, 2009 (4:53 pm)
Do any of you know what a good deal is on a 2009 V50, with a sticker price of around $30,000? We looked at the base model today and the dealer offered us a lease of $1,000 down (including 1st month payment, tax, license etc) and $390 per month including tax for 3 years, 12,000 miles a year. Does anyone know if this is a good deal or if I can negotiate less?? The residual at the end of the lease is $12,000. Thank you. ps. we live in Southern CA.
#65 of 68 getting cash credit for Volvo Lease incentive by im4sockeye Apr 27, 2009 (9:00 am)
I am sure this has been explained but I don't know where to find it. Volvo is offering dealers a large incentive $4,500 to $6,000 to send the lease to other finance companies, e.g. US Bank. Why doesn't the dealer just reduce the price for a cash buyer by a like amount?   I have been offered a 2009 V50 2.4 with a cap cost in the $22K; .0025 MF and a 40% residual (36mo/12K). This seems like market to me but it uses the incentive to get the cap cost down.   I have enough room on my HELOC to borrow and pay cash, but the dealer won't let me buy it for the cap cost.   Does anyone know if I leased it and purchased the car through early termination the next day if I would have to pay a stiff penalty?
#66 of 68 My issue by murphy4 Jul 05, 2009 (7:42 am)
I currently lease a V50 and it is due March 2010. Because a change in my job last year, I will run out miles and warranty in August 2009.   Do I take advantage of cheap financing and get out early? I will be charge .18/mile, I will be looking at a $1,800 charge at the end for excess and no warranty starting next month
#67 of 68 lease volvo v50 by aga3 Jul 10, 2009 (4:22 am)
Could you help me to find out what should be my lease payment on volvo v50 I am in Chicago and i would like to lease as soon as is possible. and how i get a lease from other financial institution than volvo (if that gives me still better price ?) Replies to this message: murphy4 (Jul 18, 2009 6:20 pm)

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