Volvo lease early buyout fee?

Ask the Hackrs
1

Does anyone know if Volvo leases have an early buyout fee?

2

I don’t have the answer, but your lease agreement will. :slight_smile:

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3

Yes, $350 last year. Not early buyout, purchase fee.

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4

Even if you buy it out at the end of the lease, you’ll pay that, as we both know. :wink:

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5

I got the lease contract, the answer is $450.

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6

Mine was 350. Are you sure yours is 450? I literally just bought out my XC60

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7

was your lease contract from last year?

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8

it is 450. My purchase contract says the same. Leased 2 months ago.

9

Nope. From 2020. I guess they must have increased it. Weird

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10

Wow crazy. My 2019 Tiguan had $0 purchase fee.

My LEAF had a $300 one, but NMAC has been doing this for years.

EDIT: sorry, I read it fast and thought this was about Volkswagen, not Volvo.

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11

I’d have to go back and look at my 2019 lease, but the lease for my 2022 definitely says $450:

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12

Looks like they raised it. You can find remnants of the $350 “vehicle turn in fee” just by Googling it.

Maybe it’s because hordes of people were buying out their Volvo, and VCFS needed to cash in on it somehow.

13

I guess? I paid $350 to buy out my 2019, but again, obviously an older lease contract.

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