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Volvo XC90 Prices Paid and Buying Experience

1593 messages,  Last post on Jul 23, 2008 at 7:47 PM

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What is this discussion about? Volvo XC90, SUV


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#1440 of 1593
Re: Costco Members Don't Miss This [slackjaw] by skinnytony
Nov 30, 2007 (10:01 am)
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Replying to: slackjaw (Nov 30, 2007 4:59 am)

slackjaw, per Edmunds the incentive is definitely $3000. And it looks like you can get another $400 by financing a purchase through Volvo.
http://www.edmunds.com/new/2008/volvo/xc90/100896007/incentives.html?vdp=off&set- zip=19707&state=DE
Also note that is says "may be combined with other offers", hence the ability to combine with Costco deal. And the "complimentary rear seat entertainment system" only applies to the lease I believe.
 
My big question is this: why is Volvo doing this? Low demand? Acknowledgement that the vehicle is overpriced?
#1441 of 1593
Re: Costco Members Don't Miss This [slackjaw] by volvomax
Nov 30, 2007 (1:02 pm)
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Replying to: slackjaw (Nov 30, 2007 4:59 am)

The Costco deal is A Plan.
Which is invoice.
Since you are leasing, NOT buying, the lease cash is $2000
Plus, the $1,000 incentive from Costco.
The DVD program CANNOT be combined w/ the lease money.
Acq fee is $595 for Tier 0 credit
#1442 of 1593
Re: Costco Members Don't Miss This [volvomax] by craigsuvbuyer
Nov 30, 2007 (1:25 pm)
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Replying to: volvomax (Nov 30, 2007 1:02 pm)

How does the costco plan come out when buying: INV -$4000 + DVD? does the car have to come from dealer stock or can it be ordered? thanks.
#1443 of 1593
Re: Costco Members Don't Miss This [skinnytony] by jules81480
Nov 30, 2007 (1:45 pm)
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Replying to: skinnytony (Nov 30, 2007 10:01 am)

Complimentary Rear Seat Entertainment is NOT only for the lease. I'm about to purchase one this weekend and was told that it is included.
Hope that helps.
#1444 of 1593
Re: Costco Members Don't Miss This [slackjaw] by volvo_r
Nov 30, 2007 (3:43 pm)
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Replying to: slackjaw (Nov 30, 2007 4:59 am)

Not sure about the aqusition fee, sounds like it is up to the dealer what they are willing to discount to move these, but I am still waiting for Costco Rep to call me back as of 5 PM last evening??? I didn't think that Costco would be the bottleneck on this. Anyway we won't buy/lease until we get the referral from Costco rep since that's the best way to participate in this. I'll post whatever NEW information I get after Costco calls me back.
#1445 of 1593
Re: Costco Members Don't Miss This [craigsuvbuyer] by volvomax
Nov 30, 2007 (4:21 pm)
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Replying to: craigsuvbuyer (Nov 30, 2007 1:25 pm)

Here is how the DVD incentive works.
Volvo dealer charges you $1800 for the DVD(if it is dealer installed)
If it is already on the car the price is $1823
NOW, if you are leasing, you get a $2500 incentive that goes w/ the DVD promotion.
There is also a $2000 lease incentive. This is only for people who don't want to do the DVD.
You cannot combine the 2 amounts.
 
Same on a purchase. The regular purchase incentive is $2500. Or, you take the $3100 DVD incentive.
 
If you are a Costco member, you can take another $1000 incentive.
#1446 of 1593
Re: Costco Members Don't Miss This [volvo_r] by volvomax
Nov 30, 2007 (4:23 pm)
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Replying to: volvo_r (Nov 30, 2007 3:43 pm)

The acquistion fee is not subj to negotiation.
As a matter of fact, Costco will refer you back to the dealer for lease questions.
#1447 of 1593
Re: Costco Members Don't Miss This [volvomax] by skinnytony
Nov 30, 2007 (4:45 pm)
Reply

Replying to: volvomax (Nov 30, 2007 4:21 pm)

volvomax, I'm not clear on your explanation. So if someone is buying (not leasing) on the Costco deal they pay invoice, less $3000, less $1000 Costco, plus get $500 Costco cash card, right? Now for the entertainment system you state "dealer charges you $1800" or $1823. So you're saying this is an added cost and not a "freebie"?
Also, is it true as Edmunds states in their incentives section that you also get $400 if you finance through Volvo?
#1448 of 1593
Re: Costco Members Don't Miss This [volvomax] by slackjaw
Nov 30, 2007 (5:27 pm)
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Replying to: volvomax (Nov 30, 2007 4:21 pm)

Volvomax: Thank you. You have been very, very helpful.
#1449 of 1593
Re: Costco Members Don't Miss This [volvomax] by volvo_r
Nov 30, 2007 (10:26 pm)
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Replying to: volvomax (Nov 30, 2007 4:23 pm)

Your right, aquisition, lease payment, and interest rate is Tier driven which is based on creditworthiness and credit score IIRC. What Fico score range is tier 0?
 
FYI
I did speak with Costco person this evening several times. Since I called Thursday afternoon, they were able to build my vehicle, verify my membership, now I am set to go with a vehicle tommorrow if I like the deal. Costco informs me that they have a had a fair amount of inquiries on this particular program. They must verify membership status is current and you were already a costco member before sometime in early November ?? to qualify for the Volvo program.
 
Since the dollar is tanking against the Euro, Sek, and Pound. We opted for local delivery.
 
The program they are offering is the invoice pricing which is what is showing at the costco website. Also any Volvo factory approved options that can be ordered or dealer added(Volvo stuff only) is at invoice too. Costco will audit post purchase to verify customers are getting the costco pricing on your survey you must complete to get the $500 gift card and they will also audit the paperwork the customer signs at the dealership since they are cutting the dealer a check for $1000 for the additional $1000 in discount the dealer gives you.
 
Cash to Dealer and cash to customer is really the dealers decision. I have been working with some honest people since they have explained how this deal works and have offered $4000 off of the invoice plus another $1000 below invoice price, plus I have been told that I am getting the DVD player too FOC installed by dealer. Leased and then bought Volvo S60R with the same dealer last year. We received the car for $11K off of MSRP with all rebates and incentives on that deal that was a steal. This one seems about as good as it gets for the XC90. I will let you know how the deal goes down tommorrow
 
The Costco people told me to take advantage of the offer you have to go throught the refferal process with Costco FIRST, They build the car and verify membership. After that they will contact you to go to the dealer.
 
I'm hoping for best, we'll see.

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