Wow that is a lot of helpful info and admittedly, a lot of wording I don’t understand but I will learn.
You are very kind and I appreciate you.
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When? Volvo has made some policy changes regarding buy outs.
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I felt like the Volvo customer service person was too eager and pushy so that would be my last resort I think. They’ve been great until now, maybe I just got two of their hardcore people on the phone today. Both cars were shipped in from other states for us. But now I get the greedy vibe.
I love love love this car and to answer the question above, yes I absolutely need a car but the payments are hefty and unrealistic. I’ll probably find an older Volvo that suits our new life better.
I don’t really feel comfortable sharing the dollar amounts but his lease will be up in the summer I think. I got mine for valentine’s day so it’s not even a year into the lease yet.
I called the dealer I bought the car from and took care of it. I called another Volvo dealership nearby and he said VFS doesn’t allow them to buy the cars. But the dealer I bought from had no problem. This was in later Aug early sept.
You want to talk to someone what works/handles inventory. At least that’s what this guy referred to himself. Others may just want to try to sell you another one. Good luck- sorry to hear you going through a lot right now.
Another option is to find a local or relatively local Volvo dealer that is independently owned and has been around forever. Then ask to speak with the owner or general manager, explain the situation, gauge their level of empathy, and let them sort through it with you.
You may leave some money on the table but not as much as if you speak with a random salesperson at the dealer, who may either try to rip you off and/or not fully understand the best way to handle it.
I’d leave those details out completely, at least to start. That would just fly a big red flag that says “I’m desperate”. Regardless of someone’s personal situation, a dealer is only going to offer the lowest amount of money that they think they will take. Being in a situation where it seems that you NEED to unload the cars means that offer is going to be low if the dealer knows about it. If the people like @aronchi who have offered to help can’t make it work because of title issues, etc, it’s probably best to approach it as if you MIGHT be willing to sell the cars to a particular dealer, if the price is right.
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This is painting with a really broad brush.
My father retired and sold his dealership 6 or 7 years ago, but I recall more than one occasion when he was in business where he put someone in need’s car on the lot, advertised it as if it was any other inventory, sold it, and took no cut.
There are decent people in the world.
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There is always the exception…I got a great deal from Kia one year and from the exact same dealership / dealer I got the absolute shaft of a deal a couple years later.
But from the the tone of the OP, she’s looking for help and a broker is just what she needs.
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You’re absolutely right about that but I would just caution against assuming that until you feel them out. At the end of the day business is business so I’m not even totally faulting a dealer who would lowball someone that they know is in a bind. From what I can gain from what the OP has written so far they have found themselves in an unfortunate situation where they need or want to maximize whatever equity might be in those two cars. Tipping their hand, be it to a dealer or a private buyer would reduce the chances of maximizing their return.
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For sure, but let’s look at the odds. Someone in the OP’s situation is more likely to find a snake than someone like your dad.
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Unfortunately, I would definitely have to side with you…
Nothing to add to help, but this thread is a great example of how the LH community comes together to help someone out. A lot of great people on here.
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Just wanted to make sure this point didn’t get lost in the thread.
@IRS Let’s make sure to run the numbers here because it seems the unstated assumption is that replacing with a downgraded car will yield a lower payment and it may not.
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I recommend that you call Volvo Financial and confirm that you are able to break the lease, as some Lending arms (BMW for example) won’t allow you to sell your vehicle to third party, ( carvana or carmax) so you need to make sure this is even an option for you. Finding a buyer (carvana, carmax, Volvo dealers, private party) shouldn’t be hard, as EVERYONE looking for cars. Hope this help:)
I’ll tell you right now it is not unfortunately 
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Volvo will not allow sales to 3rd parties and limits sales to volvo dealers, hence the early conversation here about limited options.
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I was looking back thru OPs posts. Seem like OP got car originally from @Bostoncarconcierge in New England
Maybe Mikes dealer might buy it back out. Doesn’t hurt to try.
Sorry for what you’re going thru OP 
. Hang in there.
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Looked into it first thing but between shipping and restrictions volvo dealers have on buying cars off lease without booking a new deal, it wouldnt be the best option.
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@IRS You received a lot of very helpful information in this thread and are probably overwhelmed by all of it. Don’t feel pressured to take a decision quickly. Once you gathered your thoughts and made a decision, feel free to post again here and the helpful community here will let you know if there is anything you need to be careful of with your approach.
You mentioned you were not comfortable with sharing the lease numbers. I want to reassure you that we just want to help by figuring out how much potential equity you have in the leases. The main concern is that you might think your payments are high currently but you might end up in a cheaper car for very similar lease payments due to the current market conditions. Since you need a car, it might be best to keep one of these or at the very least find out what car you can get for your current lease payment amount.
Sorry for your loss.
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