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Volvo S40: Lease Questions

299 messages,  Last post on Nov 17, 2009 at 4:49 AM

You are in the Volvo S40 Forum. Your Hosts are pat & karens

What is this discussion about? Volvo S40, Car Leasing, Sedan


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#239 of 299
Re: 2008 Vovlo S40 T5 [fogarty19] by Car_man HOST
Mar 18, 2008 (2:42 am)
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Replying to: fogarty19 (Feb 17, 2008 2:24 pm)

Hi fogarty19. I have heard that for some reason Volvo is not currently providing lease support on any S40 trim levels except for stripped 2.4i models. If this is true and you wanted to lease an '08 S40 T5 through Volvo Finance, you would have to use its absurd standard money factor of .00438. You will likely find that you are better off taking advantage of the large cash incentive that Volvo is providing on leases of this car through independent banks, something like $5,500, instead of leasing through Volvo Finance.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#240 of 299
Re: March lease numbers? [paulsaz] by Car_man HOST
Mar 18, 2008 (2:49 am)
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Replying to: paulsaz (Mar 04, 2008 12:01 pm)

Hi paulsaz. I have heard that the only S40 model that Volvo is currently offering lease support on through Volvo Finance is the base 2.4i. Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease for a stripped 2008 S40 2.4i with 15,000 miles per year are .00008 and 47%, respectively. If you want to lease any other version of this car, you would probably be better off doing so through an independent bank. Volvo is providing large cash incentives on S40 models that are leased through banks other than its captive finance company. I believe its cash allowance on leases of '08 S40 2.4i models through independent banks is currently $4,500.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#241 of 299
Re: March lease numbers? [paulsaz] by Car_man HOST
Mar 18, 2008 (2:50 am)
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Replying to: paulsaz (Mar 13, 2008 9:10 pm)

Hi paulsaz. Please see my previous post. Let me know if you have any other questions.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#242 of 299
S40 2.4i lease question, please help by francek
Mar 21, 2008 (8:04 pm)
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I just went into the Volvo dealership and I think they tried to take me for a ride. I am looking for 2.4i, 5 speed manual, non leather, but I do want the select package which cost 2,000 MSRP but thats it. It comes out to 27,680 MSRP. I have the A-plan because my brother works for Ford motor company.
 
The salesmen gave me a rough price of 399 plus tax with 945 down for 36 months with only 12000 miles a year.
 
With the A-plan I get invioce price with no doc fees. I thought this price they quoted me seems really high for a car that cost in low 22,000 area after A-plan.
 
Please let me know what you guys think about the price and where the price should be for a 36 month at 15000 miles a year.
 
THANK YOU!
#243 of 299
April Numbers by paulsaz
Apr 01, 2008 (12:50 pm)
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Carman thanks for the previous info, now that it is April--do you have the April numbers on the base S40 2.4i? I still have my X-plan pin number and currently have a S40 lease about to expire. Is Volvo offering any loyalty cash? I would like to try to get the same type of deal I had three years ago: No down payment and $257 per month for 36 months/ 10,000 miles per year.
#244 of 299
Re: Volvo S40: Lease Questions [Car_man] by quick5
Apr 02, 2008 (7:17 pm)
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Replying to: Car_man (Aug 31, 2005 4:33 pm)

Wats up carman I am 21 years old this summer and I just got a new job where I make 28,000 annually. I have been fascinated with the volvo s40 since i first saw it in 2005. I am undecided I want to buy it but part or me thinks it would make more sense to lease. the msrp for one i selected is 29,825 and the invoice is 27702. is it even practical to want to get this as my first car? I've been told i have expensive taste but i think leasing it wouldn't be that bad 3 years isn't bad. Please help also I don't kno that much about leasing just that i may or may not have to pay a fee at the end or how much i wud haveto pay to buy the car afterwards. any insight is greatly appreciated.. I live in Queens NY
#245 of 299
Re: Volvo S40: Lease Questions [quick5] by gforce11
Apr 03, 2008 (8:14 am)
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Replying to: quick5 (Apr 02, 2008 7:17 pm)

Hey Quick5, i don't think you need to ask Carman about that. Haahaa. I would say based on the income you make, even leasing that car will become a financial burden for you down the road. Leasing isn't as clean cut as buying in my opinion. It's got a lot provisions/limitations etc...Make sure you learn everything you can about leasing before you even consider it (such as how to calculate the lease, fees, restrictions, liabilities, turn in fees, etc...) The first car I ever got for myself was a 325i....man I paid through the nose to maintain that "expensive taste" of mine.
#246 of 299
Re: Volvo S40: Lease Questions [quick5] by qbrozen
Apr 03, 2008 (8:48 am)
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Replying to: quick5 (Apr 02, 2008 7:17 pm)

You could find yourself a nice CPO one for less than a new Honda.
#247 of 299
Re: Volvo S40: Lease Questions [qbrozen] by quick5
Apr 03, 2008 (5:44 pm)
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Replying to: qbrozen (Apr 03, 2008 8:48 am)

CPO? lol immmm veryy neww to this
#248 of 299
Re: Volvo S40: Lease Questions [gforce11] by quick5
Apr 03, 2008 (5:45 pm)
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Replying to: gforce11 (Apr 03, 2008 8:14 am)

so would u recommend me just finance it n buy it or is the point ur getting at to just settle for cheaper ? lol

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