1650 messages,
Last post on Apr 13, 2013 at 11:29 AM
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Volvo XC90, Car Leasing, SUV
#1027 of 1650 Re: Question About Volvo Finance Leases [jordon26]
by nvnick1
Apr 25, 2008 (11:10 am)
Hi nvnick1. Lexus Financial Services' April buy rate lease money factor and residual value for a 24 month lease of a 2009 Lexus RX 350 AWD without the entertainment system with 12,000 miles per year are .00190 and 62%, respectively for consumers who qualify for its Tier 1+ credit tier. The numbers for an otherwise identical 36 month lease are .00190 and 56%.
For the sake of comparison, Volvo Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Volvo XC90 3.2 AWD 7 passenger with 12,000 miles per year are .00168 and 58%. The numbers for an otherwise identical 36 month lease are .00209 and 49%.
Car_man
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Carman posted this in the Lexus RX forum.
#1028 of 1650 DID I GET A GOOD LEASE DEAL
by investorcg
Apr 28, 2008 (12:29 pm)
Did I get a good deal on my lease, which I signed yesterday :
3 yr / 15,000 miles ........ 3.2 AWD
Climate Package
Versatility Package
Premium Package
Convenience Package
Blue metallic paint
$4000 out of pocket (includes all taxes, fees, 1st month, etc...no other charges)
$500 a month
What do you think?
#1029 of 1650 Re: Carman: April MF & res XC90 3.2 AWD 7 pass [nvnick1]
by Car_man HOST
May 30, 2008 (3:15 am)
Hi nvnick1. Volvo Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2008 XC90 3.2 AWD 7 pass with 15,000 miles per year are .00168 and 56%, respectively. The numbers for an otherwise identical lease are .00209 and 47%. When negotiating your lease on this car, make sure to take the $3,500 cash incentive that is currently available on Volvo Finance leases of it into account. There is an additional $1,000 incentive for current XC90 lessees.
Car_man
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#1030 of 1650 Re: Can the marketing support be used with a Volvo lease [nvnick1]
by Car_man HOST
May 30, 2008 (3:33 am)
Volvomax is right, nvnick1. The $4,250 cash incentive that you mentioned is only available on XC90s that are paid for with cash or financed through a bank other than Volvo Finance. Having said this, Volvo is currently providing a $3,500 cash incentive on leases of this model through Volvo Finance. In addition to that, it is providing another $1,000 to current XC90 lessees.
Car_man
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#1031 of 1650 Re: Question About Volvo Finance Leases [jordon26]
by Car_man HOST
May 30, 2008 (3:36 am)
Hi jordon26. Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Volvo XC90 3.2T 2WD 5-passenger with 15,000 miles per year are .00247 and 46%, respectively. The money factor for an otherwise identical lease with only 12,000 miles per year would be the same, but its residual value would be 2% higher. When negotiating your lease on this truck, make sure to take the $3,500 lease cash and $1,000 XC90 owner loyalty cash that are currently available on it into account.
Car_man
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#1032 of 1650 HELP!! Lease questions!
by mattiefeb
May 30, 2008 (9:06 am)
I would really appreciate someone helping me with my lease negotiations. I love the XC90 and am surprised that I went into a Volvo dealership yesterday and found it within my price range. I didn't sign anything yet, and I am happy because it seems that the deals here are better and I really need help negotiating. My first offer from delership is:
MSRP - $38,700
Down incl inception and taxes - $3,000
Payment $598 for 33 months
I don't know any of the other details, residual or money factor. What should they be?
(I have $2,200 in remaining lease payments on my current car and this includes Volvo eating that $2,200)
Any ideas??
Thanks, Mattie
#1033 of 1650 Re: HELP!! Lease questions! [mattiefeb]
by mcg9900
Jun 04, 2008 (2:14 pm)
I was at a dealer in NJ and this was my quote: (#'s rounded off)
MSRP 45,000
Selling Price 33,500
$3020 Total due out of pocket
$20,500 residual
36 mos $468
42 mos $445
Has all the extras etc... I thought it was a good deal
Any thoughts?
#1034 of 1650 Lease buyout
by hphilip
Jun 05, 2008 (9:26 am)
Have an 06 XC90 V8 which is approaching lease end. Willing to purchase at market price which is substantially less than lease residual. Anyone know who to reach at Volvo Financial that can make that decision?
#1035 of 1650 Re: Lease buyout [hphilip]
by zamo
Jun 05, 2008 (10:15 am)
I dont think they will allow you to do so. Call Volvo Finance.
#1036 of 1650 Re: Lease buyout [hphilip]
by volvomax
Jun 06, 2008 (10:12 am)
VFNA doesn't negotiate.