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Prices Paid: Buying & Leasing Experiences Volvo XC90 Prices Paid and Buying Experience
1653 messages, Last post on Dec 05, 2008 at 4:29 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Phoenix area This is my first time leasing a car and need all the help I can get. Please someone tell me if I can get a better deal. The residual value I was quoted seems very low 47% compared to what I have been reading. Here's the info: 2008 5 pass, AWD, premium,climate, 12k miles MSRP $42,550 Residual $20,424 Total cap $34,844.32 Money factor .0023 Inception fees $1422.81 Payment $527.68+7.95%=$569.63 Can someone please help me make sense of this? I've done a lot of reading on this site an many others and I thought I had it down. Then the dealer gave me the lease sheet and now I'm little lost. Thanks in advance.
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Hi I'm new to the boards here as well. I've been looking for a SUV/crossover to replace my aging 2003 highlander for a little while now. I'm considering the new 08 highlander, mdx, xc90, and even maybe the nissan pathfinder (love the exterior styling). Anyway i was offered a 2007 xc90 AWD with 9000 miles on it for 35000 in excellent condition- Magic Blue, premium, versatility, and climate packages. How much do you think would be a good price? does 31000 sound reasonable? Thanks
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Replying to: lizs (Oct 14, 2007 10:19 am) the residual value seems very low. how long is the lease term? 2 year leases supported by Volvo finance have a residual rate of about .65 for 12000 miles. With a higher residual rate, your lease payment should be less. |
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Replying to: rocknroll389 (Oct 22, 2007 12:46 pm) sounds like a $45,000 car, so $35,000 isn't bad at all. |
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Replying to: pghpa1 (Sep 30, 2007 9:34 am) Titanium Gray Metallic Climate Tech Convenience 2600 miles (Demo) Sticker of ~$54,500 $45,000 before tax & registration. Traded an S80 w/ $11k allowance. My car may been worth $12k, but it had some cosmetic damage they didn't notice. There may have been some padding in the trade-in value, so I would say the actual price on the XC was $45k to $46k. I searched quite abit (Dallas, TX) and this price was pretty good. It was very difficult to find an '07 Sport (there was $4,000 marketing support plus another $500 if financed through Volvo). They took off $1/mile for demo miles. And then we negotiated some more. I probably could have pushed further on price, but we still had the loan to work through and I got the interest rate I wanted. Hope that helps. |
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Replying to: elansp (Sep 18, 2007 10:05 am) |
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Replying to: towncar1 (Nov 01, 2007 9:49 am)
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| CarMan, please clarify the total current incentives on the '08 XC90 3.2. I see that Volvo is offering $3400 in marketing support. I've also seen you post that there is lease cash of $2000. I am looking at the 24 mo lease so I'm trying to figure how much total incentive is available to the dealers. Is it truly $5400 if you lease thru Volvo? Thanks so much. | |
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I'm replacing my 2004 XC90 T6 with the 2008 3.2 XC90 and below is the deal currently offered at by dealer in Minneapolis/St Paul (MN) metro area. Can I do better? Where? - 2008 XC90 3.2 includes: Premium package Versatility package Climate package Dual DVD in headrest 10.5K miles per year 24 month lease $2460 at signing for tax, lisc $510 monthly payment (includes tax) Thanks
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Replying to: volvohelp (Nov 18, 2007 8:59 am)
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