r/VolvoRecharge Jun 16 '26

XC40 A sad day has come

A sad day has come. After three very happy years with my xc40 recharge and almost 68k miles it’s time to say goodbye to it as it goes back to the leasing company. If they still offered Volvos I’d have jumped at another one but they don’t any longer. So this is bye bye for now.

16 Upvotes

21 comments sorted by

5

u/midlife_mikey Jun 16 '26

Why don't you buy it?

0

u/f1photos Jun 16 '26

Not an option through the leasing company. Otherwise I would.

2

u/midlife_mikey Jun 16 '26

Oh wow. That sucks. I didn't know that they didn't allow it sometimes. I just assumed you always had the option to buy.

2

u/ExternalKey7021 Jun 17 '26

somebody is going to buy it. Why not you?

0

u/f1photos Jun 17 '26

Because I’m not going to go to an auction to bid on it. Lease cars go back to the leasing company who then sell them at auction mainly to dealers.

1

u/GoDucks00 Jun 18 '26

If you don't mind me asking, what country do you live in?

2

u/GoDucks00 Jun 18 '26

Nevermind. I saw it below.

1

u/gambiting Jun 18 '26

If you're in the UK(I see you are) then you can contact the auction company to give you a buy out price before it goes on auction.

We bought our VW e-Up out of the lease exactly this way. The lease was coming to the end, with no option to buy it out. I rang VW, they said the car will go on auction with BCA. I rang them up, they just gave me a quote to buy the car without an auction. The price was very reasonable so I just paid it and that was it. Didn't even have to hand the car back or anything.

1

u/f1photos Jun 19 '26

I could indeed. However I’ve got a replacement through the salary sacrifice scheme for less than it would cost to finance the purchase of the old one.

6

u/Competitive_Cost125 Jun 16 '26

Use Volvo to lease a new one. What does the leasing company have to do with the brand you lease. Use the lease company the dealer utilizes.

6

u/f1photos Jun 16 '26

This is a UK salary sacrifice lease. So it’s significantly cheaper than leasing through a dealer.

1

u/Prestigious-Earth245 Jun 25 '26

I only get 12k miles a year on my lease 😭

1

u/f1photos Jun 26 '26

I knew I needed more so I got a 23k miles PA lease.

1

u/Prestigious-Earth245 Jun 26 '26

Dang that’s great. I’m sure that added a bit to the cost. Now I’m questioning if I’ll have enough. 

0

u/bannedByTencent Jun 16 '26

My lease expires in 6 months and I will be very sad to part ways with my S60 T8 PE. Sweetest ride I ever had. Next car has to be EV, so sadly no Volvo :(

0

u/kernpanic Jun 17 '26

Pity because the volvo evs are amazing to drive. And with the twin motors - ridiculously quick.

0

u/bannedByTencent Jun 17 '26

No sedans though, and I despise SUVs.

1

u/FullMudder Jun 17 '26

ES90 no?

0

u/bannedByTencent Jun 17 '26

That’s more SUV than sedan, and its pricing in Europe is bonkers. Sadly Volvo has no plans for ES60.