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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

What is this discussion about? Volvo XC70, Car Leasing, Wagon


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#220 of 235
2 Year Lease Details in Los Angeles by cheyjey
Jun 01, 2008 (1:04 pm)
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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.
#221 of 235
Re: 2 Year Lease Details in Los Angeles [cheyjey] by Car_man HOST
Jun 18, 2008 (2:50 am)
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Replying to: cheyjey (Jun 01, 2008 1:04 pm)

Congratulations on getting your new XC70, cheyjey. Thanks for giving back and taking the time to share the details of your lease with everyone. Make sure to stop by the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well. Enjoy your new ride .
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#222 of 235
July money factor? by novalauren
Jul 28, 2008 (2:21 pm)
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I am currently negotiating a lease deal...36 months...12k miles per year...and looking for the money factor....thanks!
#223 of 235
Re 2 year lease by sweeney4
Jul 30, 2008 (9:08 am)
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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.
#224 of 235
Re: Re 2 year lease [sweeney4] by kyfdx HOST
Jul 30, 2008 (9:11 am)
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Replying to: sweeney4 (Jul 30, 2008 9:08 am)

What is the mileage allowance? Looks pretty darn good!
#225 of 235
Re: Re 2 year lease [kyfdx] by sweeney4
Jul 30, 2008 (9:17 am)
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Replying to: kyfdx (Jul 30, 2008 9:11 am)

12k per year, in addition I also get free scheduled maint. for 2 years and brake pads if needed.
#226 of 235
Re: Re 2 year lease [sweeney4] by kyfdx HOST
Jul 30, 2008 (9:20 am)
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Replying to: sweeney4 (Jul 30, 2008 9:17 am)

That's a great deal..
 
Now.. if I could just convince the wife that it's an SUV and not a wagon, we'd be in business!!
#227 of 235
Re: Re 2 year lease [sweeney4] by qbrozen
Jul 30, 2008 (11:29 am)
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Replying to: sweeney4 (Jul 30, 2008 9:08 am)

Damn. That is good. Even 15k would probably still be right around $400/mo.
#228 of 235
Re: Re 2 year lease [sweeney4] by dc_dave
Jul 30, 2008 (2:24 pm)
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Replying to: sweeney4 (Jul 30, 2008 9:08 am)

Please tell me what you think, how much better can I do?
 
36 months, 15K per year
 
2008 Volvo XC70 3.2 AWD in Barents Blue with Sand stone leather, Premium package, Climate package, Convinience package, Blind spot information system, Boosters. M.S.R.P. $ 44250, lease sale price is $ 32636, 36 month lease with 15K miles per year is $ 541 per month with 0 down, just taxes and tags ( $ 1158). Money factor is $ 0.00233, residual 0.42 ( $18585).
 
2008 Volvo V70 3.2 in Barents Blue with Sand stone leather, Premium package, Climate package, Convinience package, Bi-xenon, 17" wheels, Personal car communicator, Boosters. M.S.R.P. $ 40445, lease sale price is $ 31985, 36 month lease with 15K miles per year is $ 574 per month with 0 down, just taxes and tags ( $ 1158). Money factor is $ 0.00233, residual 0.42 ( $16986).
 
Dave in VA
#229 of 235
Re: Re 2 year lease [dc_dave] by cheyjey
Jul 30, 2008 (3:10 pm)
Reply

Replying to: dc_dave (Jul 30, 2008 2:24 pm)

I think you can get a better deal than that. I have the same color combo car that I bought last month with the following terms:
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
 
My total down was only drive offs as well and was less than yours above. Also my payment is 420/mo and that is a 24 month lease!
 
What I learned while there is that you need to choose the lease promo that they are doing with each car. I was told that for the XC or V the sweet spot is 2 year, and for the SUV it is 3 year.

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