Last post on Nov 09, 2013 at 7:24 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Volvo XC70, Car Leasing, Wagon
#53 of 298 Re: My XC70 Lease is almost up. Now what? [tenmiler]
May 23, 2007 (9:32 pm)
Interesting to see your lease from way back in 2004. As you can see from my #s posted above, you can get an even better deal on an XC right now. Volvo is offering Dealers over $9K to move the 2007 model, presumably to make room for the redesigned 2008. It's the end of the model year AND the end of this designs lifespan (10 years). So they want to get them off the lots. Local dealers still have loads of them, so they're willing to do just about anything.
I'm not familiar with deals for other models, may also be very competitive right now too. But the 2007 XCs seem to be a very good deal.
#54 of 298 Please share your Lease Deals
May 27, 2007 (5:11 pm)
I'm getting ready to lease an 2007 XC70 and would love to get have an idea of what others have paid in the last few weeks. Thanks
#55 of 298 Re: Please share your Lease Deals [brifromdc]
May 28, 2007 (6:29 am)
I'd like to hear what sort of deals you're getting. I leased last week and got:
XC70 with climate, convenience, and premium packages. Also had the air quality option and is wired for a sirius radio and an ipod. They also threw in a free 36 month service package and cross bars for the roof rails.
Term: 36 months
Down: 750 (includes 1st payment and all fees)
Monthly payment: $510(includes tax)
#56 of 298 High mileage lease anyone?
May 28, 2007 (11:41 am)
Great site. Lots of good info. I am looking at getting out of my 2006 Saab 9-3 lease and into a Volvo XC70 lease. My lease ends 12/31/06. It is a 24 month lease, 25,000 miles per year, so I have 7 payments left of $745.41 per month with a total of $4969.37 left. I just spoke to a local dealer and here is what the lease would be without factoring in the Saab (sorry, don't have all the info, first contact and need to get payoff on Saab before asking for all the numbers). It has the premium, convenience, and climate packages.
(before factoring in current Saab lease)
Term: 36 months
Down: 2200 (includes 1st payment and all fees)
Monthly payment: $572(includes tax)
Miles: 28,000 per year
Yes, that is correct, 28,000 miles a year. I have driven this many miles a year for the last 5 years consistently.
Has anyone leased an XC70 recently with this many miles (or close to it) per year?
Has anyone bought more miles under the warranty so that the car is covered for the miles as well as months? How much did it cost?
Any info on high mileage leases on the XC70 greatly appreciated.
#57 of 298 Re: Please share your Lease Deals [meshugy]
May 28, 2007 (1:32 pm)
Thanks mesguy. Sure looks like the pricing is attractive; guessing your monthly is higher than mine because you didn't do any cap cost reduction on the lease.
I may consider an 07, but I think I want a change. Given the first year issues with Volvo (2001 XC70, 2004 V50), I think I'll shy away from the new XC70 but I'd rather not drive a car that's going to be outdated for a few years.
That said, it has been a terrific car and if I could (finally) get DSTC on the car. Volvo, for no reason I can find, made it nearly impossible to get DSTC on '04 XC's--I could not find one anywhere in Colorado, where it would make a huge difference in icy road handling--something the XC70 was mostly okay at, but not great.
The best part was the dealer--McDonald Volvo in Denver--made fun of DSTC, saying it was a 'useless novelty' (apparently a novelty that is now offered standard on nearly every crossover and every SUV and also is now required on SUVs)
That is why I will not buy this car at the end of the lease.
#58 of 298 Re: Please share your Lease Deals [tenmiler]
May 28, 2007 (2:00 pm)
Too bad about the DTSC.
Cap cost reductions are a waste. If you do the math you always save more by just paying the min. fees up front and having a higher monthly payment. At least that was the case in nearly every lease I've seen.
#59 of 298 Re: Please share your Lease Deals
May 28, 2007 (6:02 pm)
After a few weeks of looking and negotiating we did this deal today. 2007 XC70 with premium and convenience packages including sirius set up.
Term: 36 months
Down: 1500 (includes first, tax, tag and fee's)
Monthly payment: $424 (includes tax)
Feels like a good deal and the wife is happy... Well, right up to the point when we noticed gas leaking on to the driveway and a flatbed came to pick it up only an hour after we got it home. Let's hope it's not major.
#60 of 298 Re: Please share your Lease Deals [ericfl]
May 28, 2007 (6:36 pm)
That's a really good deal! A bit better then what I got....I wonder how they got the Cap so low. I haggled 6 dealers to the brink of exhaustion and none could get the cap lower then $31K. This is in Seattle...where are you?
Although my residual was slightly lower and my miles were higher (15,000). But in the end, if you bought the car you'd be paying about $1.5K less then me. Good work!
#61 of 298 Re: Please share your Lease Deals [meshugy]
May 28, 2007 (6:57 pm)
I'm in Florida and I bet your car was not on a flatbed an hour after you got home with it.
#62 of 298 Re: Please share your Lease Deals [ericfl]
May 28, 2007 (7:04 pm)
Good point! We took it on a road trip this weekend. It has several hundred miles now and is running great (fingers corssed).