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Prices Paid: Buying & Leasing Experiences Volvo XC70 Lease Questions
221 messages, Last post on Jun 18, 2008 at 2:50 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Car_man (Nov 13, 2007 4:37 am) The MSRP 47520. Thanks for the response. Javafan1
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Replying to: Car_man (Nov 13, 2007 4:37 am) This is to summarize what I have: 0) 24month 10.5k lease 1) MSRP: 47520 2) MF: 0.00121 3) Res: 69% 4) Tax: 8.625% 5) Current volvo 960 owner: 1000 6) Trade in value :3000 6) volvo cash: 1175 If the sale price is 43500, what is the out of pocket (only 1st payment and fees) and monthly payment should be Thanks again. Kuang |
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| Generally are there huge differences in price between the '07's and the new '08's? I got a price in the low $400 last spring and now the prices seem in the $500's....crud. Is it hopeless to think I can get an unloaded, don't want or need all the fancies, in the low-mid $400? | |
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Replying to: pkbadger (Nov 10, 2007 3:38 pm)
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Replying to: nirradus (Nov 13, 2007 9:34 pm) |
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Replying to: volvoworld (Nov 19, 2007 2:06 pm)
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Replying to: nirradus (Nov 13, 2007 9:34 pm) |
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Replying to: pkbadger (Nov 19, 2007 2:34 pm) |
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Replying to: Car_man (Nov 13, 2007 4:37 am) Is this available in all regions? (I'm in New York). Does this mean that Volvo is giving me $1175 which I can apply vs the downpayment? For the past couple of weeks Volvo has been advertising a 24 month lease for $399 a month with 10,500 mi/yr on a 2008 XC70 with premium, climate, metallic paint and dual dvd rear seat entertainment package. They show MSRP as 43575. Cash due at signing is $3443. They call the dvd entertainment package "complimentary". When the car first came out the lease payment was advertised higher and there was no "complimentary" dvd system, so I am guessing the XC70 is not moving that well in NY. Also do you have any thoughts on what the money factor and residual would be on this vehicle currently? Thanks for any help you can provide!
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I probably sound a lot more scatterbrained than I am, but I found out on Friday that my 04 XC70 lease ended 12/1, and I have to make a decision. It's with Wells Fargo, and I am able to do one of three things: I can extend my lease for a fee of $100 (then pay the monthly again). I had thought about doing this until the V50 I want comes in, but that's February and I won't certainly be getting any price breaks on a car that is a unicorn in the US. I can buy the vehicle: I asked if they'd give me a better price and without hesitation, dropped the buyout from $23K to $19K plus tax, which LOOKS to be below market. I can drop it off this week. My mileage on the car is 32500 and I paid for 45000. The car is in fantastic shape with a crack in the rear plastic bumper that will have to be fixed, but the car has been great. I have an extra set of tires, the volvo bike racks, cargo and rubber floor mats, premium audio and xenon/leather/cold weather pkg. So I'm curious if I could sell it above my buyout and retain some $. (no, this isn't an ad!) I don't really like the 08's but there seem to be some good deals on them but the gas mileage and emissions output on them are reported to be really poor... I see the current customer incentive is $1K and now they are running ads for $369/month for 10K/year on an 08... Just thought I'd pose the question out there if carman or anyone has any good viewpoint on what the best option is. Thanks!!
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