Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Volvo XC70 Lease Questions
235 messages, Last post on Sep 21, 2008 at 9:37 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
Replying to: maxdad (Aug 10, 2007 4:27 pm) MN
|
|
|
Replying to: maxdad (Aug 10, 2007 8:34 am) Dean
|
|
|
Replying to: mnsqrd (Aug 12, 2007 7:06 pm)  sign and $20,320 residual and they quoted me this instead.
|
|
|
Replying to: hedgs (Aug 12, 2007 7:24 pm) |
|
|
Hi all - I am planning to lease (for the first time) a 2007 Volvo XC70 (Adventure Package, MRSP: $42000). Just got a quote from a local dealer (in Northern Virginia) for a 3yr/12k lease that seems too high to me: MRSP: $42,070 Sale price: $30,650 Money factor: 0.00215 Residual value: $16,415 The quoted monthly lease payment is $565 (and seems to include sales tax and various fees). The sale price seems ok to me, but after reading previous message on this board, it seems to me that the residual value is too low and the money factor too high. Am I wrong? Any idea what numbers (money factor, residual value) I should be expecting at this point? Many thanks for your help, MWB |
|
|
|
|
Replying to: mwb2 (Aug 19, 2007 10:22 am) 4 years, 48k miles (still withi warrenty which was fine by me) MSRP $42090.00 Selling Price $30,200.00 Residual $14,353 (remember this is for 4 YEARS so much lower residual than 3) Money Factor .00207 $999.00 cap cost reduction $300 junky fees/lease inception $416/month No one else in the area could touch it and we have a lot of Volvo dealers around I shopped at. Father-in-law bought one to. Hope this helps.
|
|
|
|
|
Replying to: thepassenger (Aug 19, 2007 1:13 pm)
|
|
|
Replying to: mwb2 (Aug 19, 2007 10:22 am) From post #132 "Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2007 XC70 with 12,000 miles per year are .00150 and 46%, respectively. When negotiating your lease on this model, make sure to take the $5,500 lease cash that is available on it into account. There is an additional $5,000 cash incentive, $10,500 total, for consumers who lease through independent banks."
|
|
|
Replying to: thepassenger (Aug 19, 2007 1:17 pm) Enjoy your new XC70! |
|
|
|
|
Replying to: maxdad (Aug 19, 2007 1:39 pm) DO THE MATH with both-Volvo financial and 3rd party bank!. Good luck... |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Volvo XC70 Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2009 Volvo XC70
Browse by Board
Browse by Topic
Today's Chats
