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Prices Paid: Buying & Leasing Experiences Volvo XC90 Lease Questions
1547 messages, Last post on Dec 04, 2009 at 4:23 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: hurley8564 (Jul 28, 2008 9:52 am) ummmm... no its not. MSRP means sticker price. Ain't no XC90 that stickers for $31k.
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Replying to: qbrozen (Jul 28, 2008 10:04 am)
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Replying to: hurley8564 (Jul 28, 2008 10:21 am) MSRP is NOT the price you get from the dealer. MSRP is what is printed on the window sticker at the factory. The XC90's MSRP STARTS at around $37k. Your SELLING price, however, may be $31k.
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Replying to: qbrozen (Jul 28, 2008 12:06 pm) Sorry about that the MSRP is $45,200
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Basic Model MSRP $36,995 Gross Cap $26,255 Adj Cap $25,690 Residual $15,168 $1000 down includes 1st pmnt 36 mo lease 12k miles/yr Not sure about this but rent charge $2795, I assume this involves MF? Trying to figure out apr? Please let me know if you think this is a good deal and about the rent charge? Thanks
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Replying to: etimes (Jul 28, 2008 6:04 pm) Divide that number by the term (36 months), and that gives you the monthly finance charge... Divide the monthly finance charge by the sum of the adjusted cap and the residual, and that gives you the money factor.. In this case, it is .0019 Multiply .0019 by 2400 to get the roughly equivalent APR, which is 4.56%. Don't focus on the money factor, though... The cheap lease payment comes from the big discount from MSRP... regards, kyfdx Host-Prices Paid Forums
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Replying to: kyfdx (Jul 28, 2008 6:40 pm) |
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Replying to: nyc101 (Jul 10, 2008 11:30 am) |
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How does this deal sound? 2008 v6 metallic paint climate, versatility, premium, rear-seat entertainment packages 39 months 12k/year $1000 out of pocket for first month, etc. $610/month. I have loyalty as I'll be turning in a 2006 XC90. I was hoping to do better for an 08. Any thoughts? Anyone done better with any dealers in the NYC/northern NJ area?
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Replying to: hurley8564 (Jul 28, 2008 4:54 pm) |
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