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Tips on end-of-lease price negotiation? V70-XC70

posted by  someone claiming to be malmo99 on  Tue Feb 15 20:36 CST 2005 [RELATED]

Check with the dealerships to find out what they do with the cars when someone drops their vehicles off at the end of their lease term. I work for VW (maybe Volvo dealerships work the same way) and the process for lease returns is: the customer drops off the lease vehicle at end of term to our dealership. Volkswagen of America, Inc comes by and picks up the lease return vehicles. Vehicles are taken to auction. If customer wants to keep car, then that is done through VWoA. Normally, lease rates are calculated from the MSRP, residual, money factors, and so on. KBB most times will price a value too high so there is also edmunds.com or intelliprice.com. Contact the internet managers from different Volvo dealerships. Try to build a relationship with all, nothing major- just keep in touch with them. Talk to them about what you have going on and see which one may have the best offer for you. This is also good to do toward the end of the month. Goodluck.


MALMO99

83 240
92 745
96 850
98 V70






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