Date registered: Aug 2013
Vehicle: 2014 E350 4Matic Sport Package
Location: Bandon, Oregon
Mentioned: 0 Post(s)
Quoted: 6 Post(s)
I leased a 95 Volvo 850 thru Volvo Financial. The lease was for $329 a month, for 39 months. I was allowed 1,000 miles a month. With no down payment, acquisition ,or disposal fees I don't see how Volvo made any money on it. When I turned the vehicle in, it was 7 miles less than the allowance. The biggest thing that I learned in leasing was don't get in an accident. Unfortunately my daughter got in an accident when a car t boned the lf corner. $11,000 in damage. Fortunately my insurance agent had the check sent to the agency, as the check was made out to Volvo Car Finance, and the body shop. Volvo never found out, and the car was returned at the end of the lease with no notations on the check in form for the return of the leased vehicle. After that experience, I would never consider leasing a vehicle again. As a major accident would definitely affect the redial value of the car at the end of the lease. IMO.