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Volvo XC90 Lease Questions

1148 messages,  Last post on Aug 19, 2008 at 6:40 PM

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


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#1076 of 1148
Re: i got the car, you play with the math! [bg516] by volvomax
Jul 03, 2008 (1:52 pm)
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Replying to: bg516 (Jul 03, 2008 11:57 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 1148
by stim
Jul 07, 2008 (1:23 pm)
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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 1148
Re: [stim] by shermtime
Jul 07, 2008 (4:17 pm)
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Replying to: stim (Jul 07, 2008 1:23 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 1148
Re: [shermtime] by jamaraz
Jul 07, 2008 (7:12 pm)
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Replying to: shermtime (Jul 07, 2008 4:17 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?
#1080 of 1148
for comparison by zkaudio
Jul 08, 2008 (4:10 pm)
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My lease is about up and I figured I would share what I am paying...
 
I signed the lease August 31, 2006 for a 2007 xc90 3.2 with premium, metallic paint, and convenience.
 
I ended up with a 2 year, 15k/yr lease paying only 1000 out the door and 399/mo INCLUDING TAX.
 
I have not seen anyone touch this deal and am wondering if now that I am an existing volvo customer, can I get this deal again? I'd like to add some more options like BLIS and Xenon lights... I'd add NAV but it seems like the xc90 has the lowest tech junky non-integrated Nav system of ANY suv on the market. Worth it?
 
Can I get a similar deal again? (a bit more clearly due to options but similar nonetheless)
#1081 of 1148
Re: for comparison [zkaudio] by fluid15
Jul 08, 2008 (4:28 pm)
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Replying to: zkaudio (Jul 08, 2008 4:10 pm)

Not sure you can get that deal agains since I assume your low payment was largely in part to the good MF you received.
 
You are one of the FEW people who received a better deal than me - I thought mine was fair and yours was better! Your lease was one month before mine. Here is my deal:
 
Sept. 30, 2006 - 2 yr Lease
15k/year mileage allowed
72% residual
MF = 0.00077
Options: 3.2 AWD, Premium, Versatility, Convenience, Metallic, Bi-Xenon, Wood Inlays, Tint.
 
I test drove several other comparable SUVs and the Volvo Nav was the worst. I really thought I wanted Nav but after the demo I dropped that idea. I had thought about getting another XC90, but it doesn't handle very good and higher mpg would be nice ... so I'm looking at mid-size sedans or wagons (A6 or A4/6 Avant). German cars are just flat-out are more fun to drive. I didn't use the 3rd row much so I'm willing to compromise the space at this point. As the family grows I may change my mind.
#1082 of 1148
Re: for comparison [zkaudio] by zamo
Jul 08, 2008 (6:23 pm)
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Replying to: zkaudio (Jul 08, 2008 4:10 pm)

That is pretty tough, considering that:
 
1. Volvo no longer provides lease deals with 24-month term. Just 36 months and the best payments with 48 month.
2. MSRPs are up.
3. MFs are up
4. Residuals are way down (partly due to the euro-dollar difference)
 
I was gonna wait until This month as my lease was also expiring. But I locked into a deal back on Feb, having my remaining lease payments taken care of.
 
Ask the local dealer. See what they have.
 
BTW. That deal you had back in 2006, was terrific.
#1083 of 1148
Re: for comparison [fluid15] by zamo
Jul 08, 2008 (6:25 pm)
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Replying to: fluid15 (Jul 08, 2008 4:28 pm)

When I got mine in July 11th 2006 (car is gone btw), my was a true sign & drive ($0 due at signing), and the MF was 0.000004. The best I have ever seen. I was a no-Volvo customer so I could not get to the $429 a month. Got $459 a month instead.
#1084 of 1148
Re: for comparison [fluid15] by stim
Jul 08, 2008 (8:51 pm)
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Replying to: fluid15 (Jul 08, 2008 4:28 pm)

Was a good deal and I'm not expecting to pay in the low 4's but I'm willing to pay a bit more for the 2008, but will have to see this week or next to start the process. Have to do something before the end of the month. What helped was the end of year depreciation since the 07's were trickling on the lot. Don't know what the 09' status is as of yet. The MF was a huge deal deal, but what helped at the time was the significant adjustment of the list price and the bumped up residual. Don't know what the MF is currently - see 0% on the loans for the 6 cyl's - nothing on the 8's as of yet. Don't think they imported as many this year. Almost afraid to see what the numbers are going to look like. Was quoted a few weeks ago and the monthly for 36 months 2500 down was in the mid 6's including tax which is too high.
 
Drove the Audi Q - for me a love hate relationship. I prefer the higher seating of the Volvo and I prefer the SUV like ride - very cushy and the handling on mine is fine. I have a sports car and don't need a "sports" SUV. The fit and electronics of the Audi is better than the Volvo which feels dated. Would like at least the radio station or track on the speedo like most of the cars built today. Have the rear seat AC which can only be adjusted from the rear and resets itself when you turn off the car - not really smart as I use it to cool the car down. Picky stuff but when you look at a Lexus GX470, Audi or BMW it is a wish item.
 
Cannot complain about the mileage on long trips - average at 22. at speeds of 80mph. Has to have premium - use regular and the MPG's drop in to the 17-18 range. Tested this a few times - premium does make a difference. Highway travel is quiet and smooth - nearly Lexus GX which I do like - just no deals available and the gas MPG's are pretty dismal.
 
Audi has more rear seat room but not room in the third row. In the Volvo I can put my 73 year old father back there and he doesn't complain! No way in the Audi or BMW X series. I drove one of those and you feel every stone and expansion joint - very stiff. Don't even try to negociate a lease - negociation and low APR is nonexistant.
 
For two or three more years will stick with the Volvo if I can get a decent deal but in today's market its going to be tough. Manufacturer's can't afford to really give out the incentives even though the cars are really NOT moving off the lots. The Mercedes, Volvo, BMW and Audi lots are full or 08's and I've seen a few 07's as well. Tough times!
#1085 of 1148
what do you think by nyc101
Jul 10, 2008 (12:30 pm)
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here is the deal i got from a local ny dealer:
xc90 3.2
premium
versitility
climate
metalic paint
 
$1395 up front (ist month, bank fee, NY registration fees)
36 months
12k $487 or 15K $499 including Tax (7.625%)
 
Coming off 2006 xc90 lease ($548 24 month $1800 up front which included security deposit)
 
Sound like a fair deal?
thanks

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