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Is this a good quote on a lease?

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NewlyMrs
Laugh-Live-Love LIFE!

Member since 10/06

14432 total posts

Name:
Jennifer

Is this a good quote on a lease?

4 year lease
15K/yr mileage
Volvo S40
Fully loaded, leather, etc
Oil Chages
Title, taxes, etc.

$390, no down payment.
(Mind you I am not in NY)

Posted 2/14/08 1:48 PM
 
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Nicole728
My Happy Girl

Member since 7/06

8198 total posts

Name:
Me

Re: Is this a good quote on a lease?

I think that is good

did they let you know how much the property tax on it is?

Message edited 2/14/2008 1:50:11 PM.

Posted 2/14/08 1:49 PM
 

NewlyMrs
Laugh-Live-Love LIFE!

Member since 10/06

14432 total posts

Name:
Jennifer

Re: Is this a good quote on a lease?

we've never leased a "car" only SUVs.

We want a car
Don't have to put any money down
Want to keep it under $400/mo

Posted 2/14/08 1:50 PM
 

bicosi
life is a carousel

Member since 7/07

14956 total posts

Name:
M

Re: Is this a good quote on a lease?

I would never do a 4-year lease.

Posted 2/14/08 1:51 PM
 

NewlyMrs
Laugh-Live-Love LIFE!

Member since 10/06

14432 total posts

Name:
Jennifer

Re: Is this a good quote on a lease?

Posted by Nicole728

did they let you know how much the property tax on it is?



No, but it's included in it.

Posted 2/14/08 1:51 PM
 

NewlyMrs
Laugh-Live-Love LIFE!

Member since 10/06

14432 total posts

Name:
Jennifer

Re: Is this a good quote on a lease?

Posted by bicosi

I would never do a 4-year lease.



How come?

Posted 2/14/08 1:51 PM
 

Nicole728
My Happy Girl

Member since 7/06

8198 total posts

Name:
Me

Re: Is this a good quote on a lease?

I think that is a good quote for a fully loaded volvo, Im paying more for a fully loaded passat, so I'm jealousChat Icon

Posted 2/14/08 1:52 PM
 

bicosi
life is a carousel

Member since 7/07

14956 total posts

Name:
M

Re: Is this a good quote on a lease?

Posted by NewlyMrs

Posted by bicosi

I would never do a 4-year lease.



How come?



Most cars manufacturer's warranty is only good for 36 months. I would hate to have to worry about what if god forbid something happened to it. Chat Icon

Posted 2/14/08 1:56 PM
 

NewlyMrs
Laugh-Live-Love LIFE!

Member since 10/06

14432 total posts

Name:
Jennifer

Re: Is this a good quote on a lease?

Posted by bicosi

Most cars manufacturer's warranty is only good for 36 months. I would hate to have to worry about what if god forbid something happened to it. Chat Icon



Good to know! Thanks!!!!

Posted 2/14/08 2:01 PM
 

Rycois
Blessed with 2blue/2pink

Member since 12/05

13341 total posts

Name:
J

Re: Is this a good quote on a lease?

The numbers look good but I agree about the lease being too long. I wouldn't do a lease for more than 3 years.

Posted 2/14/08 2:34 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: Is this a good quote on a lease?

too long for a lease. Find out what the warranty is.

Posted 2/14/08 2:36 PM
 

zaidam
*************

Member since 1/07

1519 total posts

Name:

Re: Is this a good quote on a lease?

I agree with the others about the 4 year term. I would look into a 3 year lease and see what they payments would be.

Posted 2/14/08 2:41 PM
 

NewlyMrs
Laugh-Live-Love LIFE!

Member since 10/06

14432 total posts

Name:
Jennifer

Re: Is this a good quote on a lease?

Posted by Blu-ize

too long for a lease. Find out what the warranty is.



I absolutely will!!!! I never thought about the warranty expiring before the lease. We just thought 4 years would be perfect and time for a better upgrade at that time too.

Posted 2/14/08 2:42 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: Is this a good quote on a lease?

I get tired of cars before 3 years so personally I would never lease longer than 36 months. I had a 39 month lease on my Pathfinder and I can't wait to get rid of it.

Posted 2/14/08 2:43 PM
 

CaMacho
Sisters :)

Member since 7/06

15112 total posts

Name:
Jess

Re: Is this a good quote on a lease?

Actually, I don't think it's such a great deal.

My mom has the Volvo S40 and has a 36 or 39 month lease (can't remember), 12k miles/yr, fully loaded, no money down and got it for $340/month. But, she's had her car almost a year now.

And I also agree with the pp, i'd try to do a 36 month lease.

Posted 2/14/08 3:42 PM
 

kriss2c
LIF Toddler

Member since 5/05

416 total posts

Name:
Kristen

Re: Is this a good quote on a lease?

I would also ask about GAP coverage, too.

Posted 2/14/08 3:49 PM
 

NewlyMrs
Laugh-Live-Love LIFE!

Member since 10/06

14432 total posts

Name:
Jennifer

Re: Is this a good quote on a lease?

Posted by kriss2c

I would also ask about GAP coverage, too.



What is GAP coverage?

Posted 2/14/08 3:56 PM
 

Alli06
Baby #3 coming this June

Member since 8/05

6721 total posts

Name:
A

Re: Is this a good quote on a lease?

I think it sounds okay! I wouldn't lease for 4 years either. I have a 36 month lease on a car about the same price as the S40. I also have 15k miles, and pay $339 a month, but I put 3k down.

What model S40 is it?

Message edited 2/14/2008 6:05:44 PM.

Posted 2/14/08 6:04 PM
 
 

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