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Volvo S60: Lease Questions

557 messages,  Last post on Dec 15, 2008 at 4:05 AM

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What is this discussion about? Volvo S60, Volvo S60 R, Car Leasing, Sedan

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#550 of 557 Re: Lease new S60 and S80 or buy out old, leases? [s60leaser] by qbrozen Feb 27, 2008 (8:21 am)
Replying to: s60leaser (Feb 26, 2008 11:15 am) Yup. Sounds that way. And I think that is one of the good parts of leasing. At least when it works out like this. You have paid less for the car over this term than you would have had you purchased it.   I have 2 leases right now, too. And neither is worth now what the end of the lease buyout is. So, in other words, come the end of the lease, the cars will be worth far less than the buyout amount. Lucky me because I just need to turn them in and walk away, allowing the manufacturer to eat the negative.
#551 of 557 Re: Lease new S60 and S80 or buy out old, leases? [s60leaser] by qbrozen Feb 28, 2008 (8:11 am)
Replying to: s60leaser (Feb 26, 2008 11:15 am) ya know, something else you might want to consider is early termination. I mean, depending on your per mile charge on the S80, if you are already at the mileage limit, it may behoove you to turn it in with a check for the remaining payments. Granted, you lose the use of the car from now till June, but it may not be worth it if the per mile charge is too high. something to think about. Replies to this message: s60leaser (Feb 28, 2008 8:20 am)
#552 of 557 Re: Lease new S60 and S80 or buy out old, leases? [qbrozen] by s60leaser Feb 28, 2008 (8:20 am)
Replying to: qbrozen (Feb 28, 2008 8:11 am) Ill look at the #s. .20/mile over,and at this rate Ill put on another $100 in mileage fees, so the 3 remaining payments doesn't (S'cuse the pun) ...pay.. But thanks-good to look at all the angles...
#553 of 557 S60 Volvo lease rates by arvan Oct 03, 2008 (4:14 pm)
Does anyone have the lease rate and residual for '09 Volvo S60 and xc90 for October? Replies to this message: Car_man (Oct 13, 2008 5:42 pm)
#554 of 557 Heads Up Gas Cap Door by leftcoast2 Oct 07, 2008 (7:28 am)
My 2003 S-60 gas door hinge broke when I opened it. The hinge is very fragile. I guess I opened it too hard. Be careful and open slowly or it's off to the dealer to have it replaced.
#555 of 557 Re: S60 Volvo lease rates [arvan] by Car_man HOST Oct 13, 2008 (5:42 pm)
Replying to: arvan (Oct 03, 2008 4:14 pm) Hi arvan. Volvo is not currently providing support on leases of the 2009 S60 through Volvo Finance, but it is providing a $1,500 cash incentive on lease of it through independent banks.   Volvo Finance's special lease program for the 2009 XC90 varies by term, mileage allowance, and trim level. You never mentioned what any of these variables are, so for now I will assume that you are interested in a 36 month lease of a 2009 XC90 3.2 5 Passenger AWD with 15,000 miles per year. Let me know if you want something different. The numbers for the aforementioned variables are .00182 and 46%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#556 of 557 buyout S60 lease? by rss62 Nov 22, 2008 (2:09 pm)
my 3 year lease is up 12/31/08. I will have 26k miles on car at that time and otherwise car is in very good shape. Residual value buyout option is $19k. Edmunds.com values are: $17.85 trade-in, $19.5 private party, $21.1 dealer and $23.4 certified.   Is buyout option a good deal? What are chances I can negotiate a lower buyout price from Volvo Finance?   thx for advice. Replies to this message: Car_man (Dec 15, 2008 4:05 am)
#557 of 557 Re: buyout S60 lease? [rss62] by Car_man HOST Dec 15, 2008 (4:05 am)
Replying to: rss62 (Nov 22, 2008 2:09 pm) Hi rss62. The values of used vehicles have absolutely fallen off of a cliff over the past several months. They are dropping so fast that most on-line price guides can't even keep up with them. Chances are that your S60 is worth less as a trade right now than the value that you mentioned.   It would be a good idea to shop around with a few actual dealers to see how much a similar used vehicle is really going for right now before pulling the trigger on buying your S60 at lease-end. Also, it wouldn't hurt to place a call directly to Volvo Finance, or whichever bank you are leasing your car through, to see if they would be willing to negotiate your car's end-of-term purchase price. More likely than not they won't, but you don't have anything to lose by trying.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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