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Volvo XC90 Lease Questions

1257 messages,  Last post on Nov 21, 2008 at 4:14 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Volvo XC90, Car Leasing, SUV


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#1248 of 1257
Correction-Car man by serdarfl
Nov 14, 2008 (9:14 pm)
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Carman,
 
The loyalty money applies to XC90, XC70, V70 and S80 only. It is $2,000.- Costco money($1,000) applies to XC90, XC70 and V70. Just want to clarify. For the Costco money you need to be a Costco member as of October 31,2008. You can't just open an account and take advantage of it in another words.
#1249 of 1257
Patriot by serdarfl
Nov 14, 2008 (9:17 pm)
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Patriot,
 
What is the invoice on the car?
#1250 of 1257
2009 XC 90 3.2A AWD 7 passenger by rameshr
Nov 15, 2008 (11:04 am)
Reply
Hello Carman,
I would appreciate if you would please evaluate the following deal.
MSRP: 47,225 (Includes following options - premium, versatility, climate, metallic paint)
Sale price: 35,533
Term: 39 Months
Total out of pocket: 3,418
Customer Rebate: 1,750
Miles per year: 10,000
Purchase Option: 19,834 (i guess this is the residual?)
Cap reduction: 0
Money factor: .002708
1st Payment: 489.13
Base pmt: 498.13
Sales Tax: 8.25%
Dealer: Hassel Volvo in New York
 
Thanks for your help.
Best,
Joy
#1251 of 1257
XC90 3.2 AWD by silverspork1
Nov 15, 2008 (5:43 pm)
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I'm considering leasing an 08 xc90 AWD, and I live in Denver. I have been quoted $37k on 2008 3.2 ($45k MSRP) and $41k on a v8 (MSRP $50k). I have three questions that I would appreciate any opinions on:
 
1) is the 3.2 too underpowered, for example for trips to the mountains. Or is it sufficient
2) I am reading so many bad things about reliability, if I buy a 2008 can expect a maintenance nightmare? Note I am thinking of getting the 3.2 because the reliability issue has scared me to the point I think I should limit my investment
3) do these purchase prices seem reasonable?
 
It's too bad I read all of these posts about reliability and maintenance issues because before I read them I had no reservations about this car choice.
Thank you
#1252 of 1257
by patriot21
Nov 15, 2008 (9:23 pm)
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The price on the '08 xc90 SE is $37995.
 
I've gotten the $485/mo down to $457 after getting a $455 price from Lexus on an 09 RX350. Adding NAV I got $495 for RX350 & $515 on the Volvo.
 
I'm really not sure which to get at this point. Any suggestions?
#1253 of 1257
08 XC90 lease incentives by lmueller
Nov 17, 2008 (5:47 pm)
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Hi,
I have read in earlier posts that Volvo is offering incentives for non-Volvo finance leases on MY2008 XC90's. It was my understanding that the figures were $9750 for 3.2 and $12000 for V8 models, as well as $4000 dealer cash and $2000 loyalty rebates. I am also a Costco member, but in looking at their promotion online, it seems to be valid on 2009 models only.
 
I emailed a local Volvo sales manager (my current XC90 is from his dealership) to verify these figures. He told me the numbers are as follows for independent bank leases:
 
3.2 Base 11/07/2008 - 11/30/2008 $4,750
3.2 Non Base 11/07/2008 - 11/30/2008 $6,000
V8 11/07/2008 - 11/30/2008 $9,250
 Residual/Money Factor for 36 month lease/12K miles/year
MY 2008 33% .00254
 
He also mentioned that Volvo is offering special lease rates on the 08 (not combinable with the $4000 dealer cash) ranging from .00001 to .00164 depending on term and model (I have asked for specifics on this, but haven't had a reply just yet).
 
Do these numbers sound correct to you? My current lease of a 2006 XC90 is over in April, and I was thinking about leasing another one sooner if the deal was significantly better than what I am currently paying. ($450/mo for 7 pax FWD w/premium & versatility pkgs).
 
Thanks in advance for your help!
#1254 of 1257
Good deal on 08 xc90 v8? by silverspork1
Nov 19, 2008 (12:50 pm)
Reply
I haved decided on purchasing a v8 xc90 2008. A dealer gave me the following lease offer through Costco.
 
$51,670 MSRP
money factor .00275
36 month lease
12,000 miles per year
 
$586 a month (excluding taxes), with $1500 due at signing (increased to $599 for 15k miles).
 
Does this sound like a good deal?
#1255 of 1257
2009 XC 90 3.2A AWD 7 passenger by rameshr
Nov 19, 2008 (2:11 pm)
Reply
I desperately need to get a car by the weekend! So, can someone please please help me by replying to my earlier post # 1250.
 
Best,
Joy
#1256 of 1257
Re: 2009 XC 90 3.2A AWD 7 passenger [rameshr] by Car_man HOST
Nov 21, 2008 (4:12 am)
Reply

Replying to: rameshr (Nov 15, 2008 11:04 am)

Greetingws Joy. The money factor that you were quoted is not nearly as attractive as the one that Volvo Finance is offering on the 2009 XC90 right now. This probably means that your deal is being run through an independent bank. There's nothing wrong with that, because Volvo is providing special additional cash incentives on XC90s that are leased through banks other than Volvo Finance.
 
Specifically, Volvo is providing a $4,750 cash incentive on non-Volvo Finance leases of this model plus an additional $750 holiday bonus cash. Add to this the likely $2,800 or so spread between this model's MSRP and dealer invoice price and you have a total of around $8,300 to play with during your negotiations. Anyhow, the point of all of this was the $11,000 discount that you were quoted looks very attractive. If you like the truck, I personally don't see any reason not to go for it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1257 of 1257
Re: 2009 XC 90 3.2A AWD 7 passenger [rameshr] by Car_man HOST
Nov 21, 2008 (4:14 am)
Reply

Replying to: rameshr (Nov 19, 2008 2:11 pm)

Hey Joy. Please see my previous post for an evaluation of your deal. Thanks and good luck in your negotiations this weekend.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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