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Volvo XC90 Lease Questions

1152 messages,  Last post on Aug 26, 2008 at 7:29 PM

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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#1013 of 1152
Re: Is the 24 month lease a no-brainer? Or do I have no brain? [bomb27] by bomb27
Mar 24, 2008 (6:40 pm)
Reply

Replying to: bomb27 (Mar 24, 2008 6:38 pm)

Granted this is why I am pursuing this lease deal--you have to ask for the $299 promotion offered in the tri-state area and ask for the Garmin promotion AND the trade in promotion to be factored into the lease. That totals $1250 OFF the 2 year lease, which by my calculations, makes this lease deal a 0% interest lease deal.
#1014 of 1152
Re: Is the 24 month lease a no-brainer? Or do I have no brain? [bomb27] by ferky
Mar 24, 2008 (6:57 pm)
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Replying to: bomb27 (Mar 24, 2008 6:40 pm)

Well it doesn't make a heck of a lot of sense to me, but using your numbers and assuming that the full $5,000 due at signing is a cap cost reduction, then I agree with your figure of roughly $250/mo. before interest and tax. However, I don't know of any banks providing 0% lease financing -- there is no incentive for them to do so. You have either stumbled on a terrific deal (except for the $5,000 down - is that your figure or the dealer's? Could you still get 0% money factor with much less down?) or someone has made a mistake.
 
Good luck and keep us informed. If anyone else has additional light to shed on this deal, I've love to hear it.
#1015 of 1152
Re: Is the 24 month lease a no-brainer? Or do I have no brain? [ferky] by bomb27
Mar 24, 2008 (8:23 pm)
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Replying to: ferky (Mar 24, 2008 6:57 pm)

I believe I have the flexibilty to structure the deal with less down and more in payments, and I plan to do so--perhaps even trying to make it 2500 down and 354 a month.
Again, I think I stumbled upon a combo that is really unique and YMMV, your mile may vary...
Find a dealership doing the tri state area $299 for a 7 pass AWD 3.2L, with $4989 down, who is ALSO doing both the GPS deal AND the $500 trade in deal. And then get them to make all of these subtract against the lease.
 
I'll tell you guys what comes out of tomorrows transaction and post all the final details.
#1016 of 1152
final offer (I added a DVD system and BLISS) by bomb27
Mar 25, 2008 (11:30 am)
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MSRP
$47695
 
Residual of 63%
$30048
 
2 year lease with 10500 miles
$400 * 24 months + $2800 down = 12400 (there is also 1840 in tax, title, dock, 1st payment which I will not include)
 
Lease cost(12400) + Residual(30048) = 42448
 
Savings off or MSRP
MSRP (47695) - (Lease + Residual) = $5247 off MSRP
Invoice (44018) - (Lease + Residual) = $1570 off Invoice
 
After taxes, 1438.95 (removed the $400 1st payment) I pay $140 off invoice.
 
Not the most impressive price for a straight up purchase, but for a 2 year lease, it's not bad I think.
 
bo
#1017 of 1152
2008 xc90 lease special by scottso2
Mar 30, 2008 (6:41 am)
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Hads anyone seen this new lease special on the 2008 xc90 in the tri state area?
MSRP 42500
Cap Cost ~35000
Cap Cost reduction 2995
36 mos/12K miles
residual 21275 (47.5%)
mf .002
pmt $399
 
Looks like a good deal to me. It even posses the possibilty of buying out at below market in 3 years, maybe..
 
Another thing Volvo is takign me out of my remaining volvo lease (3/mos at $500 a month).
 
Am i missing something?
 
Thanks
#1018 of 1152
Re: 2008 xc90 lease special [scottso2] by scottso2
Mar 30, 2008 (9:58 am)
Reply

Replying to: scottso2 (Mar 30, 2008 6:41 am)

Sorry thats an MSRP of $45200; not 42500
#1019 of 1152
XC 90 Special Edition by djru
Apr 06, 2008 (7:58 pm)
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I was wondering if anyone has leased/purchased the XC 90 3.2 AWD Special Edition yet, if so what their numbers looked like.
 
Also, can someone please tell me what the money factor and residual is for this car on a 3 year lease?
Thanks
#1020 of 1152
Re: 2008 xc90 lease special [scottso2] by jperrapato
Apr 07, 2008 (5:53 am)
Reply

Replying to: scottso2 (Mar 30, 2008 6:41 am)

Can you tell me what dealer you received the above lease special from in the tri-state area? I am looking for a similiar deal but need to be bought out of my current lease which has 4 mos remaining ($450/mnth). I wen to the dealer this past weekend and received a quote of $550/month (no money down).
#1021 of 1152
Carman: April MF & res XC90 3.2 AWD 7 pass by nvnick1
Apr 07, 2008 (12:04 pm)
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Carman -
 
I think I missed the boat by waiting until April; can you tell me the current money factor, residual, and any lease cash available this month. In March, the 24 month lease was the best deal; I'll go 24mo or 36mo depending on current offers with 12k miles/yr. Looking at either the XC90 or the 09 Lexus RX 350 (I assume all 08's are gone by now; I think the 09's went on sale in early February). If you have the Lexus info (Toyota is regional; I'm in Indiana), can you put that in your reply; I'll also post in the RX forum. Thanks! Great forum.
#1022 of 1152
Re: 2008 xc90 lease special [jperrapato] by scottso2
Apr 07, 2008 (4:32 pm)
Reply

Replying to: jperrapato (Apr 07, 2008 5:53 am)

This was at Volvo of Danbury but the special expired March 31st. I turned it down becasue they would not take me out of my remaining 3 months on my Volvo lease ($500.mnth).
 
I'm sure it will come around again probably in June.

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