Although I receive letters from the dealer on a weekly basis to move into a B5 at a significantly higher rate, I emailed this to the GM earlier this week and have yet to receive a response. I’m not set on anything. Here’s what I sent to them. I’m not tied to the dealer in any way but had a really good experience leasing before:
I leased an S60 in November of 2019 and am coming up on the end of the agreement. It appears ______ is no longer with you which is why I’m emailing you. I’m contemplating what to do…
The terms are 36/15k, the car was a loaner with 5500 miles. Payment is 485/month with 4950 MSDs. I currently have 33k miles on it and the car is in great condition. The payoff at lease end is $27427.50 + 350.
Option 1 is to purchase, if I do, can I get it certified to extend the warranty?
Option 2 is to lease another S60 for similar payment and spec of car but don’t think that’s realistic in the current market. It’s a T6 R-design MSRP 57055?
Option 3, I purchase and you buy it off me (if there’s equity).
This is really a sub-optimal way to extend the warranty. If Volvo is like most brands, you can search the brand-specific forums to find the one or two dealers in the country with the lowest warranty extension prices. In which case you buy the car from VCFS directly using your own financing and bypass the local dealer.
NTM that “certifying” can mean costs above the cost of an extended warranty. Your tires, brakes, etc. may not needing replacement just yet but they may be low enough to need replacement to pass the CPO inspection. Indirectly or directly you’re also paying the labor for the inspection too.
Because while I’ve been a member on this forum for many years and should know otherwise, I still have in the back of my mind they will take care of me again.
It isn’t unwarranted though, I’ve leased two vehicles through Faulkner dealers and they’ve been by far the best both times.
I am not going to step on anyone’s toes. I am not here to cause issues.
If someone wants to work with a broker or specific dealer, go for it.
I am not going to try and “wreck” someone else’s deal. Remember I am a dealership. I can’t just start a new broker firm for $500 a reset my reputation.
That is why you do not see me trying to steal business from Aronchi, NYC Life, and Lease Companion.
If are already working with a broker or another dealer, I won’t step on their toes.
The consensus is to go through steingold for the Volvo extended warranty. Each quote is custom based on age and mileage. I’m thinking of keeping the car approximately 8 years in total so the 6 year/72k mile warranty is $2800, with the swedespeed discount code. It takes effect as soon as you purchase so it overlaps the factory warranty. So in effect for me, it would be good until Aug of 2028 along with covering an additional 72k on top of the 33,400 I have now although the original factory warranty is good until the end of Nov, 2024. I’ll be paying 2800 for what amounts to an extra 4 years and approximately 65k miles.
