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Volvo XC90 Lease Questions

1553 messages,  Last post on Dec 09, 2009 at 2:44 AM

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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#1095 of 1553
woops... that was 478 a mont by bg516
Jul 11, 2008 (12:57 pm)
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i mistyped, i am paying 478 a month plus tax, not 428
#1096 of 1553
09's? by zkaudio
Jul 16, 2008 (8:06 am)
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Anyone know if the pricing on 09's is going to change at all? I have heard rumors that there will actually be some changes (still skeptical) on the 09 for once... maybe some electronics that can finally compete with japanese cars from the 90's?
#1097 of 1553
Re: 09's? [zkaudio] by qbrozen
Jul 16, 2008 (8:51 am)
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Replying to: zkaudio (Jul 16, 2008 8:06 am)

maybe some electronics that can finally compete with japanese cars from the 90's?
 
Huh. Interesting. Does that mean current japanese cars can't compete with '90s japanese car? Because my '06 Accord is absolutely no competition for our '05 XC90s sound system. It can't even compete with my '98 S70 (I think our XC90 is slightly below that probably because it has so much more space to fill with sound), which was by far the best stock sound system I've ever had in any car (and I've had alot of cars from alot of different manufacturers).
#1098 of 1553
help re buying XC90 at lease end by czall
Jul 16, 2008 (11:37 am)
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I have 2 months left on my lease at $500/month and I am going to buy the car its a 2005 xc90 2.5T AWD, the bank is not sticking with the original residual but is negiotating aggressively on the price they offered to sell me the vehicle now for $22,000 OTD. last month their offer was $22,700. By paying last months payment i actually saved $200 since my payment was $500 but the price of the vehicle went down by $700 now im not sure what to do should i wait another month or two send in the $500 lease payments and see if the price of the car declines by more than $500 per month. anybody have a sense of whether this car in this market will depreciate by more or less than $500/month? Its a bit of a gamble my inclination is too roll the dice and wait and make the final two lease payments and hope the price of the car goes down by more than $500/month. Any help would be greatly appreciated
#1099 of 1553
Re: help re buying XC90 at lease end [czall] by volvomax
Jul 16, 2008 (1:55 pm)
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Replying to: czall (Jul 16, 2008 11:37 am)

I don't think you have anything to lose by waiting.
Those payments have to be made anyway.
#1100 of 1553
08 service loaners at 26 to 29500 by bg516
Jul 16, 2008 (2:37 pm)
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i was picking up my car at volvo of gwinnett in duluth GEORGIA last week and they had lots of 08 service loaners with about 8 to 10 miles on them.l they really wanted to lose them and i bet they would but a deal equal to what i got my 08 v8 sport for. they seem despirate to lose the xc's before the xc60 model comes in soon.
 
the internet guy is brett maxwell, check my earlier posts on this page and the prior page for the contact information. they seem really motivated, and you would get a newer car with a warranty from volvo and a good transmission.
 
barry
#1101 of 1553
Latest XC90 V8 Lease Info Received by stim
Jul 17, 2008 (9:21 am)
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Called a dealer in Missouri which is out of my area and spoke to the sales manager. Interested in a V8 he has on the lot with the colors/options I want. He emailed me some numbers:
 
The 24 month MF for the deal is .00041 or .984% which is excellent
Residuals for 24 month lease at 10500 per year is 56%
 
Was willing to drop price 5000 without any negociating.
 
The fixed numbers are OK but how much lower should he go. 09's on incoming VERY SOON so when they hit the US you also have to depreciate even more.
Right now the sweatener is the MF which is pretty low for a two year lease.
 
My local dealer this weekend said there is 8500 total incentives on the XC90 V8 and I'm not sure if he is blowing smoke.
 
Figuring current depreciation which has to be taken into account since it is at the end of the model year plus incentives I should get the list down from 55K to about 45 or less.
 
Is is reasonable?
#1102 of 1553
Re: Latest XC90 V8 Lease Info Received [stim] by zamo
Jul 17, 2008 (9:53 am)
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Replying to: stim (Jul 17, 2008 9:21 am)

Sounds pretty good.
 
I thought they no longer had the 24-month lease programs.
#1103 of 1553
Re: Latest XC90 V8 Lease Info Received [stim] by qbrozen
Jul 17, 2008 (11:33 am)
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Replying to: stim (Jul 17, 2008 9:21 am)

MF is good, but residual is painful. I'm not saying its inaccurate ... just painful.
#1104 of 1553
Re: Latest XC90 V8 Lease Info Received [qbrozen] by stim
Jul 17, 2008 (12:11 pm)
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Replying to: qbrozen (Jul 17, 2008 11:33 am)

I thought so too, but thats what he quoted. The residuals are painful but probably more realistic. My current end of 06 V8 seemed to have a jacked up residual of 75%. The finance companies are terrified of SUV leases especially when we really don't know the market value of oil two or three years out. The three year finance rate was actually much higher - .00102. Someone in the risk department probably figures that taking back a two year old car has less of a resale risk (price of oil) than a three year which could potentially have a much higher rate and be less attractive for resale. Look at the residuals of Escalades, Hummers, Tahoes, etc. and they are in the 40's, yet there finance rates are pretty high for leases. They want them to sell not get them back. My dad was looking at a Infiniti 56 which is a BEAST - loaded to the gills with a list of over 62. Dealer would take 47 and they have a zero percent rate. Quality is ok, ride is terrible and fuel economy is really pretty low - around town about 14 if you are lucky and have a soft foot.
 
Local inventory in St Louis is pretty slim - would love to deal locally but the color/option combos are pretty slim. Few Willow Greens, a Silver and thats about it - more V6's. Don't want black interior and there is one black/black but pretty stripped.
 
If I wait a few weeks maybe the price will drop but the finance rate may go up. Really have to negociate pretty hard I think for this one but I'm in no rush - have a lease extension that I can terminate any time up to six months, since it has almost a zero percent finance rate its pretty much a no brainer.

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