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Prices Paid: Buying & Leasing Experiences Volvo XC90 Prices Paid and Buying Experience
1609 messages, Last post on Sep 04, 2008 at 11:13 AM
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Good evening, I am looking into this lease deal currently offered by Volvo, how does it sound? I've had no experience leasing a car, welcome any comments. thanks in advance $3,904 Due At Signing † † plus taxes, title and registration fees On approved credit 2006 VOLVO XC90 V8 LEASE OFFER : 652 **Offered through Volvo Car Finance North America, by participating Volvo retailers through 7/31/2006. Subject to availability from existing retailer inventory. Delivery by 7/31/2006 required. Retailer prices will vary and affect customer cost. Lease Program: Payment based on a 24-month closed-end lease for a new 2006 Volvo XC90 V8 with touring package, climate control, metallic paint with a gross capitalized cost of $48,839. Total of monthly payments is $9,336. Cash due at signing includes Capitalized Cost Reduction: $2,495; Required Refundable Security Deposit: $425; Acquisition Fee: $595; and First Months Payment: $389. Lessee has option to purchase vehicle at lease end at price negotiated with retailer at lease signing plus any official fees, taxes and other charges. If purchase option is not exercised, customer liable for $.25/mile over 10,500 miles/year and a $395 disposition fee. Payments will be higher for residents of CT, MA, RI. Customer liable for insurance, maintenance and repairs for lease programs, plus taxes, title and registration fees. Not all lessees and buyers will qualify for Volvo Car Finance leases. See your authorized Volvo retailer for complete details. ©2006 Volvo Cars of North America, LLC. "Volvo. for life" is a registered trademark of Volvo. Always remember to wear your seat belt.
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Margate Volvo, Margate, FL 2.5T, Premium Package, Versatillity Package $0 due at signing $458/month for 24 months 23 payments remaining as the dealer paid for the first one, security deposit and other fees. 10,500 miles per year Add tax to the payment I was trying to get to $449, but i guess they were just pushin it to the cent. Rent Charge on this lease $16.06, 0.01% APR, required 740 beacon score. New Volvo owner with above deal here 
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Replying to: gao_mei (Jul 15, 2006 7:15 pm) I'm also curious if the cost of the XC90 is negotiable while using the cuurent lease offer money factor and residual. A local dealer has a similar equipped XC90 advertised at 44,966 but says that price is for purchase only. If I want to lease it Volvo requires that I pay the gross cap cost of 48,839 - sounds fishy. Please let me know if you hear anything. Thanks!
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Replying to: pkh540 (Jul 21, 2006 10:14 pm) |
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http://www.mckevittvolvo.com/index.cfm?action=dealerlink&Link=713471 lease xc90 fwd 269per month 24 month +4141 tax xc90 awd 299/month 24 month+4270tax xc90 v8 339/m 24 month +tax good deal?
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Replying to: lstone (Jul 22, 2006 8:34 pm) The money factor (basically a 0.02% interest rate) and the residual of 74% are awesome! Where you can improve your deal is with the price you negotiate for the vehicle. From what I've seen if you purchase you can get some significant savings (Volvo helps with incentives to the dealers which can allow you to get below invoice). But what I'm trying to find out is what sort of discounts people have been able to get on a lease with the current money factor and residual. Thanks! |
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Replying to: pkh540 (Jul 21, 2006 10:14 pm) Volvo has a dealer incentive that can be used for purchase, but not for a lease thru VFNA.
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Replying to: volvomax (Jul 23, 2006 12:37 pm) Yes, I saw the purchase incentives but what I found fishy was that the salesperson insisted that Volvo did not allow him to negotiate the gross cap cost of the vehicle (48,839). Obviously you would be in the know. Thanks! |
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Replying to: pkh540 (Jul 23, 2006 3:02 pm)
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Replying to: pkh540 (Jul 23, 2006 3:02 pm) Please see my other post on the Lease board for XC90. I was able to get $3100 discount on an Ocean Racer, with the almost zero money factor and the 73% residual for a 24month/12k lease. |
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