Anyone feel like I got gipped? How do you feel about the T4 and T5 difference? I should have stuck to Jaguar, BMW, or Land Rover.

 

So let me see if I got this right - you SIGNED a lease for a $40,000 car without researching trim levels or reading the window sticker for details on minor features like AWD or the horsepower rating of the engine and you feel cheated? BTW, the difference in the T4 and T5 is the T4 has FWD and 187 HP, the T5 adds a supercharger to deliver 252 HP with AWD but gets 2 MPGs less. As to AWD, I've owned both AWD and FWD here in New England and AWD is not a must-have in most locations given modern cars have active traction controls.

As to 187 vs 252 HP, I guess it really depends on your driving style, so it seems this is about cachet value to you or the feel of low end torque (which is what GM sold for years with their lackluster big displacement engines). My current daily driver is a FWD VW CC with 220 HP and I rarely use sport mode and even half throttle so you are probably experiencing the (lack of) lower end torque. Probably should have gone with a Tesla for AWD and gobs of torque.

 

Hey,

Thanks for the reply!

Yeah, I totally understand that I should be more informed on the product I am getting, but the dealer also should have some courtesy to educate the consumer.

I asked about a different color, a different trim, and several other things but they were like, “Your payment won’t be 450 or less.” I signed a $40,000 lease and technically gave $9,000 (6k in equity and 3k out of pocket) towards the car, which is not really common practice. My credit score is good so that wouldn’t have been an issue.

I think I got ripped off on this deal, don’t you think? To add injury to insult, they sold me on a vehicle which is hard to sell according to the other Volvo dealer. Apparently the T4 is not sought after as much so that’s why they were pushy on getting me into that car and were trying to tell me the other cars were just not gonna be a good deal. Not a good deal!? I put 9K towards a LEASED car! They could have worked an amazing deal even if I decided on a 60k car.

I think I’m just letdown by the whole experience, mostly since I expected so much more from this brand.

On another note, the VW CC is one of my favorite cars. We had one while I was in university and it was great at handling corners, speed, and responsive.

 

Sounds like you need to research major purchases better.

They gave you what you can afford with the payment you wanted.

 

Sounds like I got ripped off.
Sounds like a lot of false advertisement too.
They’re advertising a Momentum but that is an R-Design picture. It says lease this car for $2,000 but then you get there and they’re like, “Yeah that’s the R-Design.” Ummm…. So post the accurate information.

Also, I already said I should have been more informed on Volvo, but you would expect people to have some sense of courtesy to try and be honest. You want a happy client not just a client that you’re pushing a sale to. It shows what kind of class of people work here.

You said they gave me what I can afford. I can afford a lot more than just 439 a month. It just doesn’t make sense how they worked this out. $9,000 down on a lease is not typical - ever. I’ve had a BMW 328 for 399 a month with 2,000 down. I literally gave them $9,000 and they put me in an underpowered box for 439. My BMW was more expensive than this thing. I think someone with financial knowledge is better suited to answer my question. The deal seems a little off.

Based on the advertisement… something wrong. I shouldn’t have even had to put money from out of pocket.

Is there anyone who works in finance that can give their input?

Doesn’t change my mind that Volvo is a flimsy brand. It’s not luxury it’s comparable to Mazda - a class of their own above the average affordable car but less than luxury.

 

It shows the kind of people you worked with maybe. That's why I don't like sales people. If I was buying or leasing a new car, I wouldn't rely on them and then verify after signing.

Also, read the disclaimer. Payments may vary. And you need to qualify for Volvo loyalty. You are new to Volvo so that's obviously out.

I didn't mean you can't afford more. I meant you gave them a figure you wanted to pay. So they made that work. You could have declined if you didn't like the car.

You're still comparing a base XC40 (a cheap entry level Volvo) to a higher spec Mazda. Compare the XC40 to an XC60 or XC90 and yes, it feels cheap in comparison. Because it is.

 

My wife came out of an Acura and loves her 2022 XC-40 T5 R-design. I concur the T4 would probably be a bit lackluster in performance. Our issue with the CX-5 is the Grand Touring and above CX-5 has hard seats, which my wife finds quite uncomfortable.

We would have loved to get a Q3, A4 or Q5, but our local Audi dealer is horrible, so we will not buy another Audi until we move or the dealership changes ownership. Fortunately our local Volvo dealer is wonderful and the Lindsey group has highly rated local Lexus and Caddy dealers as well.

So what I am saying is that it pays to research not only the cars, but the dealerships as well. All of them will have complaints against them, but the ones with more praise than complaints are the ones to shop at. The other thing is that this is a horrible time to buy or lease a car, so none of the dealers are really giving a good deal right now. You get less car for your money than you did two years ago.

 

I spent 20 years in the retail end of the car business. It might even have been prior to your birth (1968 to 1988). My success was largely due to being honest with my customers and valued their repeat business. The last half working for Porsche & Audi (when they were a combined franchise), I did a lot of leasing and it was important to be honest and advise customers with care. Unless you have a way to write your lease off, it will always cost you more than a straight purchase and finance. The other downside is you don't wind up owning the car. But it is a way to lower your payment.
Best of luck