Volvo – Great Lease Deals for May 2009

May 3, 2009

Volvo has introduced some great new lease deals and cash rebate offers for May 2009 on many of its 2009 models, as well as the new 2010 XC60.

The reason the lease deals are so good is that nearly all include a hefty factory-to-dealer rebate as well as some dealer discount. The result is a low lease price, which significantly reduces the monthly payment amount.

All the deals require a moderate cash-due-at-signing amount which includes a down payment, first month’s payment, and other required fees. And most of the deals are restricted to a particular style within a model line, as shown below.

All the Volvo lease deals for May are based on 36 months with 10.5K annual mileage allowance. These are genuinely good leases for the models being promoted. If you are interested, make sure you like the particular model and style, and that the mileage restriction and cash-due-at-signing requirement is agreeable to you. Also make sure you understand how leasing works if you’ve never leased before. The following web site will provide the information and advice you need: LeaseGuide.com.

If you decide not to lease, the large factory-to-dealer rebates can significantly reduce your purchase price, assusming your dealer is willing to part with some or all of his money. The rebate amounts are shown below with the lease deals. To repeat, you do not have to lease to take advantage of the dealer’s “hidden” rebates.

Here are the current Volvo lease deals. All are available until June 1, 2009.

Volvo C70 convertible – $499 a month, $2998 due at signing (based on $4500 factory-to-dealer cash)

Volvo C30 (manual transmission) – $299 a month, $2999 due at signing (based on $1750 factory-to-dealer cash and $1000 direct dealer discount)

Volvo C30 (auto transmission) – $319 a month, $3019 due at signing (based on $1750 factory-to-dealer cash and $1000 direct dealer discount)

Volvo S40 2.4i style – $299 a month, $2999 due at signing (based on $2500 factory-to-dealer cash)

Volvo S80 3.2 style – $449 a month, $2948 due at signing (based on $6500 factory-to-dealer cash)

Volvo XC60 (2010 model, T6 sytle) – $495 a month, $2994 due at signing (additional $2000 rebate for current owners of Acura, Audi, BMW, Lexus, or Mercedes)

Volvo XC90 3.2 style – $499 a month, $2998 due at signing (based on $4000 factory-to-dealer cash) (additional $1500 to current Volvo owners/lessees)

Note that some of these deals are not available in some regions of the U.S. and that most deals require customer to have good credit.

You can get free price quotes on any of the above Volvo models from Edmunds.com. The quotes will automatically include any cash-back rebates or discounts that are currently available.