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Volvo V50 Lease Questions

Hi everyone. Please use the following discussion to post any questions that you have about leasing a Volvo V50. Thanks.

Car_man
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  • Hey Carman,
    Could I have the residuals and MFs for the T5 and 2.4 for both 2005 and 2006 model years? I'm looking at a three year lease with at least 12,000 miles/year.
    Thanks.
  • Hi martyt1. Volvo is not longer providing lease support on 2005 models, so you if you want to lease one you probably would be better off doing so through an independent bank. If you were to lease a 2006 Volvo V50 2.4 through Volvo Finance right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00275 and 57%, respectively. The numbers for an otherwise identical lease of a 2006 Volvo V50 T5 should be .00285 and 57%.

    Car_man
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  • HI!!
    can anyone tell me the typtical money factor (***and WHAT credit score they go by to get this***) and residuals for a volvo V50 T5 AWD manual 6-speed 2006? (does it matter if it would have leather as far as the factors? or is that just effect cap cost?)
    Also, what should i strive for in a cap cost.... is it unreasonable to ask for the current (i think its the current manufactuer to dealer?) incentive of 1 K... and ask for 1K below invoice?
    I have a rare car for trade in end lease. Can i neogiate anything with this into the agreed cap cost?
  • Hi chiquita. If you were to lease a 2006 Volvo V50 T5 AWD through Volvo Finance right now for 36 months, its buy rate lease money factor should be .00245. This is really not all that great a money factor. It is equivalent to an interest rate of almost 5.9%. I am not sure of exactly what sort of credit score is necessary to qualify for this money factor, but I do not believe that Volvo Finance is all that restrictive in who they allow to use it. You should be able to take advantage of it without much trouble unless your credit is in really bad shape. The fact that the model that you are interested in has leather does not have any impact upon its lease program, just your car's capitalized cost. I am not all that familiar with what the market for this model is like right now, so I really can't give you any guidance about what sort of selling price to shoot for. I can tell you though that the $1,000 dealer cash that is available on the '06 Volvo V50 is not compatible with leases through Volvo Finance. If you lease this car using the aforementioned money factor, you can't take advantage of the dealer cash. You may want to see if the dealer that you are working with can run your lease through a bank other than Volvo Finance. Volvo is providing a special $2,000 cash incentive on '06 V50s leased through independent banks this month.

    Car_man
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  • Hi Car_man:
    I'm new to leasing but I think I have a pretty good offer. The dealer told me they have $2500 in incentives to lease 2006 V50's. Here is the information they gave me:
    39 Months - 12K miles/year
    MSRP: $31,245
    Selling price: $ 26,812
    Due at signing: $ 500
    Lease rate: 4%
    Residual: $ 17,029
    Monthly payment: $ 378
    Seems like a good deal to me. Your thoughts?
    Thanks, Drew
  • OK - I have some more information and questions. Hopefully you guys can help me out... I finally found a dealer that will give me what my trade is worth. Unfortunately, it seems they are making up the difference in the lease terms. The terms above were money factor of .00166 (4%) and residual of $17,029. New dealer says their best rate is .00190 and residual of $16337.92. They will "beat the competition" if I can get the first offer in writing. Are these rates published somewhere? If not, any advice on convincing the dealers to give me formal quotes?? Thanks in advance!!!
  • tslbmwtslbmw Posts: 166
    I'm looking at a Volvo V50 and here's what the dealer just faxed me:
    MSRP: 31235
    Lease End Value: 14836.63
    Selling Price: 27980
    Lease Term: 39
    Doc Fee add to cap: 895
    Adjusted Cap cost: 28875
    Lease Factor: .00254
    Sales Tax: 892.56
    Monthly Payment: 470.99
    Security Dep: 0
    Cash Down: first payment plus taxes and two fees = 1413.05

    I've never leased before and don't know how to negotiate this down...this seems high and it is their first offer.
    Please help!
    Tony
  • I'm looking for the April MF and Residual for the following:

    2006 Volvo V50 T5 AWD 6 speed

    36, 39, 42 months
    12 and 15k miles

    I live in CT if it matters.

    If you caould get me the numbers ASAP it would really help.

    Thanks as always CarMan!!!!
  • OK i am currently on the market for a V50 myself and I have gone to many dealers. I actually have my car on order and it is due in at the end of May. They have not been able to draw up papers because they need to wait till the month that the car is due in. But as for last month April they a were offering $4k dealer cash and there is about 1200 in the MSRP vs the invoice that they also factored in. I am looking at about a $35k V50 that they actually had to drop below invoice price to meet my conditions. When all was said and done they were at $400 a month. Here is the break down:

    48 Month Lease
    MSRP 34980
    Residual 39%
    Residual 13642
    Selling Price 26993
    Adjusted Cap 28669
    Amount Due at Signing 682
    Monthly Payment 399

    When she ordered the car she had to add the premuim sound package so that she could add the Nav to it which was part of my order and that bumped the payment to $409 a month. When I went to another dealer a few weeks ago in May the new dealer cash back is $4500 and the residual and MF stayed the same. Hopefully that help you out a little bit. And for the record these numbers are based in the philly area.
  • jjjzzzjjjzzz Posts: 13
    Can anyone tell me what the current money factor and residual value are for a V50 2.4i, 36 months/10k miles? I am looking to get one soon. Thanks in advance.
  • marys236marys236 Posts: 74
    Could you please give me the MF & RV on a 36 mo, 15k lease of a 2006 V50 2.4, 29180 MSRP, 26189 sale price, in Okla., if that matters. I'm thinking of buying one this month, I'm also going to look at a 2007 VW Passet wagon but I don't think they are having any lease specials on those. I thought I might get a better deal on a V50. Thanks for the info!

    Mary
  • rainesa1rainesa1 Posts: 3
    Thanks in advance.
  • sgoreliksgorelik Posts: 4
    I am being offered the following deal:

    Fully loaded V50 T5 AWD (list price 37,000)
    cap cost 35,000
    residual 55%
    Interest rate = 0.6%
    36 month , 12K miles
    Lease price = 427/month
    with taxes (NYC) and bank fees rolled in = 480/month

    I saw people getting much lower cap cost on the S60 models and wandering if you think i can push them with this car for a better deal.

    Thanks in advance
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here you go, rainesa1. Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2006 V50 T5 2WD with 12,000 miles per year are .00132 and 55% in most states. Volvo is providing cash incentives on leases of this car right now, but they vary by region. If you tell me what state you are in I would be happy to try to give you an idea of what they are like in your area.

    Car_man
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  • erzeszuterzeszut Posts: 16
    Looking at a 12K mile lease, at 30, 36, 39, 42, or 48 months, depending on rates, here in Alabama.

    Also, any incentives currently available? I sure can't seem to find anything...
  • dadofdadof Posts: 8
    Hello Car_man, I live in the Princeton, NJ area and am looking to lease a car. I'm considering the V50, the CR-V and the Outback. Do you have any info on recent leasing experiences for a 24-36 month lease with 12K/year?

    Thanks.
  • Hi Car_man. I am looking to lease a V50 T5 FWD with Prem/Audio.
    MSRP: $35,745
    Cap Cost $28,543
    Residual 50% ($17,872)
    MF: 0.00202
    Payment (inc. Tax 7.75%) $420.41.

    Never leased before and I wanted to know if this is a good deal?

    Thanks in advanced
    Michael.
  • Dear forum,

    I got this V50 deal on the table and wanted to know if its good.

    - V50 T5 + Premium package
    - 36 month lease
    - 12K miles per year
    - 1,950 due at signing (includes everything)
    - 379 monthly fee

    I do not have residual value nor the selling price. However, these are real quotes.

    Can anybody tell me if this deal is even half way decent....

    Thanks,

    -Quisito
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi erzeszut. Volvo is only providing lease support on the "base" aka stripped version of the 2007 V50 2.4i. If you were to lease one through Volvo Finance right now for 30 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00042 and 60%, respectively. The numbers for an otherwise identical 36 month lease are .00042 and 54%. The 39 month numbers are .00080 and 53%. The 42 month numbers are .00080 and 49%. Lastly, the 48 month numbers are .00080 and 44%. If you want to lease any other variant of this car, you will probably be better off doing so through an independent bank. Volvo is currently providing a $3,000 cash incentive on '07 V50 2.4i models, $4,500 on '07 V50 T5 models, and $5,000 on '07 V50 AWD models that are leased through independent banks.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi dadof. Volvo is currently only providing lease support on "base" aka stripped V50 models. If you want a nicely equipped V50, you will probably be best off leasing it through an independent bank. Volvo is currently providing a $3,000 cash incentive on '07 V50 2.4i models, $4,500 on '07 V50 T5 models, and $5,000 on '07 V50 AWD models that are leased through independent banks. You should use these cash incentives to negotiate as low a selling price as possible on the car that you want.

    Car_man
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