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Volvo XC70 Lease Questions

235 messages, Last post on Sep 21, 2008 at 9:37 PM
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Replying to: wrj1 (Apr 13, 2008 7:51 am)
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Replying to: topcat02 (Apr 14, 2008 4:37 am) When I questioned the accuracy of the .00001 money factor for a 24 month lease, my Volvo dealer (No. CA) sent me an email confirming it was true. (It was .00027 in March, btw). The folks at Cartelligent also confirmed. They said Volvo tended to have aggressive financing. I doubt, however, that 2% would also apply to a 36 month lease. The money factor is not something you can negotiate; it is what it is, and is dictated by the financial institution doing the financing. You can try to get a better rate than the manufacturer's through a 3d party, as you did. You might wish to inquire as to how Volvo's rate compares to be sure you are getting the best rate. |
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I leased my first car so I don't know the deal on regular maintenance. My first was free and the second regular scheduled maintenance cost a bundle. Is there any reason I need to go back to the dealer for maintenance? What do you experienced lessees recommend? Thanks
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| has anyone leased through the overseas delivery program? I am getting a great price $ 35,110 for a msrp $ 43,060 XC70 but the lease money factor is based on a 6.9% rate through Volvo Finance. Any way to get a better rate? | |
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I want to buy back my volvo XC70 (2005) with 37K miles from volvo finance. Does anyone know what book value best approximates what my offer should be? Should I use something close to the "trade in value", :private party value" or the suggested retail price"? |
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Replying to: chalf (Apr 15, 2008 12:12 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hi, After spending some time here and shopping, I just leased an XC70 so I thought I would put the details here for everyone. This does include the 1000.00 Volvo credit for existing Volvo owners: MSRP - 44,325 Agreed Upon Selling Price - 37212 Adjusted Cap Cost - 36518 Term - 24 mos Miles - 12K/yr Drive Offs - 990 Monthly Payment - 420+ tax Residual: 28058.31 I don't have the money factor but I asked and it is very close to 1% when converted to an interest rate.
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Replying to: cheyjey (Jun 01, 2008 1:04 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I am currently negotiating a lease deal...36 months...12k miles per year...and looking for the money factor....thanks!
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I got offered the following, Demo model 5,000 miles msrp 44,005 residual 24,882 selling price 31,000 money factor .00208 379 per month $600 out of pocket. |
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