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Volvo V50 Lease Questions
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Comments
Thanks,
Dil
MSRP = 31,650
Sale Price = 23,327
12k
Plus 1k rollover on current lease
$0 down
$604 due at signing
.0025 money factor = 6%(I think)
------------------------------------------------------
$439/month
Anyone have an opinion on this? Another option is to hold out till January when my current lease is up, but incentives rate may change.... All opinions on current deal and options are welcome..
Thanks
#1 with
- leather
- climate
- metallic paint
- MSRP $33025
#2 with
- leather
- climate
- metallic paint
- boosters
- BLIS
- MSRP $34020
on a 3yr/36k-mile lease through Volvo.
Also, what is Volvo's acquisition fee?
Thanks
I am also curious about MF and RV for the 2009 5T R-Design on a 48mo/10k lease in Chicago. Edmund's calculator seems to suggest the residual for this arrangement is around 44%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
If you opt to go with a non-Volvo Finance lease, negotiate the lowest possible selling price on the unit that you are interested in and then have the dealer subtract this incentive from that.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Found this discussion after months of exhausting car shopping. (New, used, lease, etc.) I'm a Volvo owner, but the new models were just out of my price range.
Well, using the incentive offer I found out about here, I got my wife a new V50 lease this week! I got an EXCELLENT price. Totally hit my target and probably wouldn't have without the lease incentive.
I highly suggest anyone shopping get out there right now and at least look into it. I wonder if any other manufacturers are doing the same? I looked into Mitsubish and NIssan, but neither of them were willing to bargain on a lease rate at all. (Odd, considering the state of the auto-industry.)
Anyway, thanks again for sharing the info. We're elated about this car.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Thank you.
ps. we live in Southern CA.
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?
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
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 ?)
1. Are there incentives out there for the dealer right now? I know there are for the XC70, but I hear different things. Dealer says "no" but Edmunds says $1250 goes to dealer on the V50. Looking for a confirmation
2. My deal so far with little negotiation is:
2010 V50 R, Booster, Climate, Metallic, Preferred, Multimedia, Xenon, Off black leather, Manual, 48 months, 10K/year
$38,900 MSRP (Not sure what the actual cap price is, believe it's 36,471)
36% Value
14,004 Residual
$795 cap reduction
MF: .0030
$1300 due at signing (cap red and first pmt)
Would love some insight. Also looking at an A4 Avant, which is a bit larger.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Does anyone know if the V50 is due for a redesign any time soon, or will this model still be "current" for the next couple years, at least?
Where did you get the information that they will be discontinuing subventions on the S40 and V50? Will the 2.9% financing disappear as well? Does this apply to the sub vented money factor and residual as well, meaning they will likely go to standard rates? Will they be adding the money towards other vehicles, such as the S80, XC-60, and XC-90? It seems they already added an extra $1,000 cash towards the S80 in conjunction with the 0% financing.
Thanks
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum