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End of Lease S80 2002

posted by  lanceg1041 on  Fri Jan 27 02:38 CST 2006
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last visit: Thu May 26 16:19 CST 2011
[RELATED]

My lease ends March 13 with a residual buyout of $19,000. Volvo Finance has offered to sell me the car for $16,000 which I thought was a good deal, but in my discussion with them concerning re-leasing instead of buying, they said the car would have a residual of $6,000 after two year lease. Seems like a big hit for two more years. The car has 39,000 miles and is in excellent shape. Is this buyout a good deal and should I get an extended warrany?? I would like to keep it for four more years and put about 30,000 more miles on it. Thanks for you ropinions....






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