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Volvo C30 Lease Questions

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Comments

  • cosmic_guycosmic_guy Posts: 2
    edited April 2011
    Well not sure if I got "taken for a ride" but please provide your opinion.

    C30R 3 year/36K miles
    MSRP: 29,075.00
    Price agreed: 26,279.00
    Fee's tacked on after. bank aq fee, dealer fees, etc.
    1000.00 out of pocket covering 1st month tax, tag, title.
    425.00 tax included. residual was 54% MF: .00230.

    Did I get played? Apparently the sales guy displayed a form advising me that it showed a VERY small profit but now wondering if this was bs or did I really play my cards right?
  • cosmic_guycosmic_guy Posts: 2
    edited April 2011
    Can the post above please be validated. I am being eaten from the inside out just wondering about it, and at the same time a bit upset expecting a negative advisory possibly.

    Thank you!
  • gforce11gforce11 Posts: 225
    Your C30 was quite expensive. It's a not a very good lease since your MF is very high (0.00230 is about an interest rate of 5.52%). The residual value is fair and so is the sale price. There are better/cheaper options at your price range. However, if you are fixed on having a C30, buying would have probably made more sense since the interest is only 2.9%.
  • mjg518mjg518 Posts: 5
    Car_man,

    Do you have the March rates for the C30 R-design Premium Plus for 36 and 48 months with 15k miles per year?

    Thank you
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi mjg518. Volvo's current buy rate lease money factor and residual value for a 36-month lease of a 2012 C30 R-Design Premier Plus with 15,000 miles per year are .00092 and 51%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 48-month lease are .00147 and 43%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • dps06dps06 Posts: 8
    Carman,

    Could you provide me with the lease rates for both the 2012 and 2013 C30 Premier Plus T-5 and C30 Premier Plus R-design for 10K miles per year and 36 months.

    Thanks.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Greetings dps06. I've heard that Volvo's August lease program is the same as its July lease program was. US Bank's buy rate lease money factor and residual value for a 36-month lease of a 2013 C30 Premier Plus T5 with 10,000 miles per year are .00178 and 59%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of a 2012 model are .00103 and 55%.

    The numbers the C30 R-Design are the same.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • gm130gm130 Posts: 2
    Car_man,

    Could you provide the lease numbers for the following vehicles?

    C30 T-5 Polestar Premier Plus

    C30 T-5 R-design Premier Plus

    C30 T-5 Premier Plus

    All for 24 and 36 months with 10k miles per year.

    Thank you
  • Season's Greetings gm130.

    Volvo Finance's (yes they're back and Volvo is using them as its captive finance company now instead of US Bank) December buy rate lease money factor and residual value for a 24-month lease of a 2013 C30 T5 Premier Plus with 15,000 miles per year are .00115 and 65% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease of this car are .00115 and 54%.

    The money factors for the R-Design model are the same, but its residual values are 2% lower.

    I'm not sure what the low mileage adder is for 10k leases through Volvo Finance yet, but I suspect that it's 3%.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • ubuntu1ubuntu1 Posts: 13
    Volvo has a new offer for Costco members where the members get Volvos for $750 below what is called the employee price. Any idea on what the employee price is for the premier model with MSRP of $28,200 and also what money factor and residual is for 3 years and 10,00 miles.

    I was quoted a sale price of around $26,000 and a 3-year lease with $1,600 down for $300 a month including taxes. Sounds a bit high if you ask me because Acura ILX Tech package is available for $1,000 down and $300 a month including California taxes. The Volvo has lower MSRP than Acura's tech package and also they are selling it for $750 lower than "Employee Prices" or at least that's what they are claiming.

    Thanks.
  • ubuntu1ubuntu1 Posts: 13
    Car_man: any thoughts on the lease deal for C30?
  • m34m34 Posts: 2
    Carman,

    Could you provide the money factor and residual for the C30 R-design Premier Plus and Platinum for 24 and 36 months with 15k miles per year?

    Thanks again.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi m34. Volvo Finance's June buy rate lease money factor and residual value for a 24-month lease of a 2013 C30 R-Design Prem Plus with 15,000 miles per year are .00095 and 61% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00103 and 50%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
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