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Sedans Volvo S40 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
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Hello again Carman! I am turning in my s60 and s80 leased cars(FINALLY!) for one car and am looking at the S40 and C30, primarily to save money but stay with a Volvo for the safety. (And I love driving a Volvo  )With all the bad economic news, what are the current lease and buy deals in my area? I am in Ct.and can use the COSTCO auto buyers program The one dealer phone call I have had so far mentioned lots of different numbers.(What a surprise) Of course, he immediately told me the best deal is on a move from an s60 to s80, even though I asked about an S40 and C30... S80 #'s: $7,250 discount non VCF lease $1,000 rebate(?Why?) $500 COSTCO program discount =$8,750 Off INVOICE? Can that be right? But, on a approx $40,000+ car I am still at 32K and a Mo. pymt around low 4's incl. tax. I tried to get some S40 #s , as I had asked for. Nothing yet. The C30 he mentioned at $ 23,718 as a starting price,$750 purchase rebate or $1750 lease rebate, no more details than that. So, QUESTIONS:  Once again, your insight is appreciated -and VERY helpful knowing these things before the first sit-down...
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Replying to: s60leaser (Jul 02, 2008 6:39 am) . Volvo Finance is not currently running a special lease program on either the S40 or C30. As a result, if you were to lease either of them you will have to do so through an independent bank. The good news is that Volvo is currently providing special cash incentives on these cars when they are leased through independent banks. Specifically, Volvo is providing $1,750 on the 2008 C30 1.0, $2,250 on the C30 2.0, and $1,500 on the S40. The CostCo car buying program might save you some hassle if the dealer that they steer you towards is straightforward, but I very much doubt that it will provide you with a deal that's any better than what you could negotiate on your own. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Is Volvo offering any deals on the 2008 or 2009 S40? I can only find the $500 gas allowance. My current lease through VFNA is about to expire.
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Replying to: Car_man (Jul 16, 2008 2:16 am) Never make a downpayment on a lease. |
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Replying to: paulsaz (Sep 17, 2008 11:39 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Asked for general numbers on a 2009 S40 2.4i with leather and climate and was told $389/mo, $2500 upfront for 36 mo, 12k/yr. I know I need to get a sales price, money factor and residual numbers but does this sound like a reasonable start? I got spoiled by my 2007 A4 lease which was 0 down and $410/mo but it's up in December and I've started looking around at other options. Thanks |
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| Just to give people an idea on some numbers... On a non metallic paint 09 S40 with leather 48/12 with 2,000 out of pocket 299+tax is a "big loser" for a dealer and a very good deal for a customer. Costco and Loyalty do not apply to neither S40 nor C30. | |
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spoke to a local dealer....crummy offer imho: starting price: $5250 under invoice term: 36 mos residual: 40% (with 12k mileage) money factor: .00240 (tier 1 credit) i didn't push them as i'm also working on a purchase of a certified pre-owned but this didn't seem attractive at all |
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Hi Car_Man, I'm shopping entry-level luxury sedans and don't see any recent info on the Volvo S40 Lease Rates. Do you have that info? I see they're running a special on the website for 299/mo, 36 mos, 10.5K mi/yr with 2K down. I'm hesitant to put anything down because I am one of those unlucky people that this forum discusses in theory who had their leased car totaled after driving it for less than 5 months! Ultimately I lost about $650, but still...lesson learned. Is it realistic to think I could negotiate with Volvo to keep the monthly payment below $300 with only first payment down? Thanks for your help!
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Replying to: shop4cars1 (Feb 24, 2009 4:36 pm) Ya know, I never quite understood this. The same thing would happen if putting money down on a financed car, so what is the difference?
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