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Volvo XC90 Lease Questions

1549 messages,  Last post on Dec 05, 2009 at 9:37 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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#1071 of 1549
bank by bg516
Jul 02, 2008 (5:58 pm)
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see post 1064 , same bank and same type of great deal.
 
by the way, the reality is that the xc90 is a gas hog and long overdue for an update, but it is classy, sophisticated and a good safe vehicle. and they now throw in the first service at 7500 miles for free.
#1072 of 1549
Fifth Third Bank by kyfdx HOST
Jul 03, 2008 (3:19 am)
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The are a large regional bank, based in Cincinnati.. They've been doing 3rd party leases for a long, long time..
#1073 of 1549
Re: Fifth Third Bank [kyfdx] by volvomax
Jul 03, 2008 (7:00 am)
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Replying to: kyfdx (Jul 03, 2008 3:19 am)

We use 5/3rd for XC90 leases.
However, given the lease structure, and XC90 incentives the math doesn't add up.
#1074 of 1549
i got the car, you play with the math! by bg516
Jul 03, 2008 (10:57 am)
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i got my deal from volvo of gwinnett place in duluth ga.
their phone number is 800-651-3788
the internet manager is Brett Maxwell,
i just spoke to them and said that the residual dropped on the 1st. so maybe the deals aren't as good. this was the only sport they had, but they do have a v8 in stock and a bunch of those 6's.
 
i told them that everyone will say i am a shill for them and that it was all a fake.
I noticed someone said that the math doesn't work, they may be correct, but i got the car for 478 plus tax for a total of 511 a month including gap.
that is 36 months and 12k per year.
also don't forget the free service in the georgia region at 7500 miles.
I gave them a check for $4500 as drive off.
 
so if the math doesn't work, who cares, like I said, I have the car and will pick it up next week. The bummer is that the state farm insurance is about 150 more per year than the accura, but what the heck. it feels like more car to me.
barry
#1075 of 1549
xplan by bg516
Jul 03, 2008 (11:01 am)
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i also got the explan discount on the new xc90 v8 sport, that is worth some extra money off the price also.
#1076 of 1549
Re: i got the car, you play with the math! [bg516] by volvomax
Jul 03, 2008 (12:52 pm)
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Replying to: bg516 (Jul 03, 2008 10:57 am)

Near as I can figure,that deal was a $1500 loser,even using the old program.
Good job you.
Lucky break that you got to deal w/ an idiot dealer.
 
I seriously doubt anyone else will be able to come close. Esp now that the residuals have changed.
#1077 of 1549
by stim
Jul 07, 2008 (12:23 pm)
Reply
I'm waiting until near the end of July, the lease prices more than likely till plummet for the 2008 leftovers. Did it two years ago and my payments INCLUDING all taxes is $424 for a two year 10.5K a year lease with 3K down. This is on a fully equiped V8 (no nav or entertainment) Spoke to my dealer and said wait until the 10th and the next series of deals will be out. Will let you all know the numbers this weekend.
 
How bad did the residuals drop on the 1st compared to last years numbers for the same month?
#1078 of 1549
Re: [stim] by shermtime
Jul 07, 2008 (3:17 pm)
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Replying to: stim (Jul 07, 2008 12:23 pm)

The current dealer incentive program ($6500 for the XC70 and $7500 for the XC90) expired today, but my dealer told me he should have the new numbers in by tomorrow and expects the incentive to go up even further. Sweet! (My dealer passes on the full incentive to the buyer, and then some. How about yours?) I believe the residual on the XC90 dropped 2 points from June to July and the residual on the XC70 dropped only 1 point. I am not sure whether to take delivery of the XC70 (my current car of choice) at the end of this month (to hedge against a further drop in the residual) or on August 15th (when I need a new car by) in the hope that the residual may not drop at all in August (or even go up). Is that possible? What would you do? (My current lease on my Lexus doesn't expire until Aug. 23 but we need a new car by August 15th for our summer trip.)
#1079 of 1549
Re: [shermtime] by jamaraz
Jul 07, 2008 (6:12 pm)
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Replying to: shermtime (Jul 07, 2008 3:17 pm)

Hi. I've been lurking for a little bit and I would love your opinion about a deal I just got on an XC90. I got the 3.2 AWD with climate, versatility and I think convenience. I added the entertainment system and the BLIS. I am paying $550/month for 15k/miles. I put down total $2,400 out of pocket and the dealer paid $772 to my Honda lease that is due to expire. I didn't want to wait until the last minute on my Honda lease so I decided to lease a new car earlier than I needed. 3 years ago I got a great deal in August on my Honda lease but I didn't want to settle this time for what was left on the dealers lot. What do you think of my deal?

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