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Volvo XC90 Lease Questions

1550 messages,  Last post on Dec 06, 2009 at 3:00 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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#1047 of 1550
Re: XC90 V8 Deals? [stim] by hphilip
Jun 16, 2008 (6:02 am)
Reply

Replying to: stim (Jun 13, 2008 1:49 pm)

Sitting on the same situation. If you come up with an answer please let me know. I'll commit to do the same.
#1048 of 1550
Re: Fees? [gpar] by zamo
Jun 16, 2008 (6:04 am)
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Replying to: gpar (Jun 15, 2008 5:48 pm)

NO and NO. The Acq. fee might be absorved by dealer incentives tho.
#1049 of 1550
4 package by gpar
Jun 16, 2008 (6:27 am)
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Climate
Versatility
Premiun
Convenience
 
BLIS Blind Spot Info System
 
I do not know the bank.
 
This is what the dealer offered. What are your thoughts?
 
New 2008 VOLVO XC90 AWD XC90 4dr Wgn 3.2L 7 Pass w/Snrf
 
Lease Term: 39
Total Payment: 481.32
Out of Pocket: 1,642.22
MSRP: 48,695.00
Residual: 20,451.90
Mileage: 15,000
 
option 2 would be 36 months at $485.28 $1,642.22 due at signing
#1050 of 1550
Re: HELP!! Lease questions! [mcg9900] by jperrapato
Jun 16, 2008 (7:44 am)
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Replying to: mcg9900 (Jun 04, 2008 1:14 pm)

Looks like a great deal...where in NJ?
#1051 of 1550
Re: Carman: April MF & res XC90 3.2 AWD 7 pass [skoontz] by Car_man HOST
Jun 18, 2008 (1:58 am)
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Replying to: skoontz (Jun 08, 2008 7:39 am)

Hello Sean. What you were told simply is not true. Volvo Finance's 36 month lease money factors for the '08 XC90 are actually lower than its 48 month money factors. Having said this, the additional twelve payments that you can spread out this vehicle's large initial depreciation hit out over might make a 48 month lease have a slightly lower monthly payment, but that does not necessarily make it the better deal.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1052 of 1550
Re: June XC90 lease #'s [john255] by Car_man HOST
Jun 18, 2008 (2:07 am)
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Replying to: john255 (Jun 11, 2008 7:55 am)

Hi john255. The XC90's lease program varies by trim level. You never mentioned the exact XC90 that you want, so for now I will assume that you are interested in a '08 XC90 3.2 AWD with 5-passenger seating. Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of this vehicle with 12,000 miles per year are .00212 and 49%, respectively. The numbers for an otherwise identical 48 month lease are .00226 and 40%.
 
When negotiating your lease on this vehicle, make sure to take advantage of the $3,500 lease cash that is currently available on it. There is an additional $1,000 loyalty incentive on top of this if you are a current XC90 lessee.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1053 of 1550
Re: more on june xc90 lease #s [bhloo] by Car_man HOST
Jun 18, 2008 (2:19 am)
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Replying to: bhloo (Jun 13, 2008 7:32 am)

You're welcome, bhloo. The 36% residual value that you were quoted for Volvo Finance is slightly low...but not that far off. Volvo Finance's 48 month residual values for the '08 XC90 vary by trim level, but they range from 37% to 38% for leases with 15,000 miles per year.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1054 of 1550
Re: Fees? [gpar] by Car_man HOST
Jun 18, 2008 (2:34 am)
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Replying to: gpar (Jun 15, 2008 5:48 pm)

Hi gpar. Volvo Finance charges a $595 acquisition fee on every vehicle that it leases. Individual dealers are not allowed to waive this charge. You can either pay it at lease signing or roll it into your vehicle's capitalized cost to make it part of your monthly payment.
 
Many banks charge a disposition fee of a couple hundred dollars at lease-end as well. I do not know if Volvo Finance charges one, but I would not be surprised if it does. Consumers who lease another vehicle from the same bank are usually able to have this charge waived.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1055 of 1550
Re: 4 package [gpar] by tmbtexas
Jun 23, 2008 (6:57 pm)
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Replying to: gpar (Jun 16, 2008 6:27 am)

Can you please tell me the name, location, and contact for your Volvo dealer? This seems like a decent offer, and would like to explore myself. Thanks.
#1056 of 1550
Chicago Zero Down Lease by volvo4life94
Jun 25, 2008 (7:41 pm)
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I am looking into leasing an XC90 special edition with zero down and for about 36 months. I live in Lake County Illinois if that makes a difference and I don't really understand most of the terms used in this forum except for the actual cost per month. Thanks in advance!

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