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Volvo V50: Lease Questions

68 messages, Last post on Jul 18, 2009 at 6:20 PM
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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? |
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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 |
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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 ?)
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Replying to: aga3 (Jul 10, 2009 4:22 am) |
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