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Prices Paid: Buying & Leasing Experiences Volvo XC70 Lease Questions
268 messages, Last post on Dec 04, 2009 at 9:40 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: dc_dave (Jul 30, 2008 1:24 pm) 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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Would love feedback on the following: 2008 XC 70 with Premium and Climate package MSRP 44,535 Term 27 months Cap Cost 32,296.61 Miles 10k Residual 24,939.60 Monthly: 499.87 No money down Thanks! |
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Replying to: novalauren (Jul 28, 2008 1:21 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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My husband just negotiated a lease deal for a 2008 XC70. I have been searching this site trying to find out if what he got was a deal or not, but the cars listed here are more expensive and it's hard to tell. I don't have all the figures that I see other people posting, but I do hope you will be able to give me some feedback with the info that I do have. I appreciate any help. By the way, we live in Northern New Jersey. The car is a New 2008 XC70 base model - black. No bells or whistles, just standard equip. MSRP - I believe was $37,000 (or just slightly over) Term - 36 months Miles - 12K Money Down - $1,800 (INCLUDES tax, title, reg., first month payment) Monthly Payment - $385
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Replying to: pointa (Sep 15, 2008 6:12 am) 2008 XC70 with the premium and convenience packages and the price was roughly around $33-34,000 (this is in PA near Philly). With the 2009s coming in and these cars not being great with gas,etc, I think $37,000 for the base with nothing extra is a little too much but I leave it to the experts to give the correct answer.
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Replying to: vancouver83 (Sep 15, 2008 7:33 pm) Some of these dealers (in NJ) seem to think they are sitting on a pot of gold and are willing to turn away offers. We've walked out of a few places and they were willing to let us go. At least, that is what I've experienced over the past month or so. Are you leasing or buying? Do you care to share your negotiations thus far?
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Replying to: pointa (Sep 16, 2008 4:10 am) I generally do all of my negotiating via email. I decide what options I want, look into the inventory of the dealers (online), and then ask for best price they can offer on a vehicle. In the past, I would then go in and negotiate for a lease or buy (never telling them ahead of time). I am now getting too impatient, I tell them I want to lease give, them VIN of the vehicle in their lot that I am interested in, and ask for all of the specifics -- monthly lease payment with no money down, money factor (interest rate if you multiply by 20), any drive away fees, and the residual. If they respond with a nice offer, I go in and we are done, in not, on to the next dealer. The important thing is not to go in until you have something concerete in writing, dont waste your time at dealerships. You can use Cars.com or Edmunds to get quotes multiple quotes. Good luck. PS- I already have a 2007 and was just poking my nose to see if I could get a good deal with a 2008. Didnt get exactly what I wanted so I'll wait until the lease runs out and get a 2010 or 2009 (with the better engine  )
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I just received a quote on a base xc 70 with the x-plan for a 36 month 15K lease 787 due on delivery with a monthly of $407. Is this a goo deal I am in Ohio
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Replying to: rogerbalser (Oct 17, 2008 2:50 pm) I just had my 2007 XC70 in for a service appointment and got a 2008 XC70 as a loaner. Eventhough the 2008 has more horsepower (235) on paper, I found it underpowered and sluggish compared to the 2007 (208 hp). I also wasn't crazy about the look inside. If I decide to turn in my car and lease a new one, I would get one of the 2009's with the V6 3.0 l engine that has 281 hp. That being said, if you really want to get the car and its the 2008, you should at least get the premium package and climate package (possibly something else thrown in) and convenience package at that price. Its a bit of tough negotiating but unfortunately times are tough and 2008 Volvo XC70's are not flying off the stores. Check the dealer inventory and see how many they have and what comes with those cars, then choose one and negotiate on that one (preferrably using email). You live in Ohio but times are tough, I bet a dealer a few hours away from you would still love to sell you a car. Don't let yourself be limited by the local dealer, you can always service it there. Also, the local dealer might try to not lose your business and therefore may give a better deal. Also, the X-plan (I also tried it), VIP, etc. are all marketing gimmicks. Just email them and say I dont want to know what plan you are using, etc. Just give me your best price. One last thing, unless you havev your heart set on the XC70, also checkout the passat wagon, Subaru Outback, and I really like Mazda CX-9s. All three have a better ride that the new volvos. Sorry for the long answer. Again, I am just a consumer not a professional and these are just my opinions.
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Replying to: vancouver83 (Oct 17, 2008 3:29 pm) I'm not surprised. Its 400 lbs heavier and has the same torque as yours. And your torque peaks 1700 rpms sooner, to boot. OH, AND the new one gets worse gas mileage! So much for advancing the model. |
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