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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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#1130 of 1550
Lease return by zkaudio
Jul 31, 2008 (9:15 am)
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So... upon signing my lease, I was informed that I have something like 1k in waived wear and tear... anyone know if the 1k allowance is also for mileage excess? Or does that 1k only apply to wear/tear items? Also, is volvo/ford credit known for dinging leaseholders excessively upon lease turn in? I just had great experiences returning BMW and Infiniti cars, hoping Volvo is as easy as they were.
#1131 of 1550
Re: Lease return [zkaudio] by zamo
Jul 31, 2008 (9:23 am)
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Replying to: zkaudio (Jul 31, 2008 9:15 am)

They are great. Mileage is not covered of course.
 
I turned in my car on Feb this year, and had $0 used of the allowance. Car had a couple of dings, and scratched leather on the front seat.
 
More info here:
http://www.volvocarfinance.com/lease/features_benefits.jhtml
#1132 of 1550
Re: Lease return [zkaudio] by fluid15
Jul 31, 2008 (9:45 am)
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Replying to: zkaudio (Jul 31, 2008 9:15 am)

I return mine end of September. I'll follow up this thread. At this point, mine is in pretty good shape. Just one or two small dents/scratches. Interior in good condition.
 
Anyone know how/if they address the maintenance schedule? I've done most of the oil/filter/fluid changes on my own, so they only have a few records at their dealership.
#1133 of 1550
3.2 AWD by thechairman1
Aug 04, 2008 (2:50 pm)
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Interested in leasing a 2008 3.2 AWD in northern NJ. 12,000 miles per year, 36 months. What is the current residual and money factor on the lease, and are there any lease incentives being offered by Volvo? Many thanks.
#1134 of 1550
Re: Lease return [fluid15] by stim
Aug 04, 2008 (3:03 pm)
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Replying to: fluid15 (Jul 31, 2008 9:45 am)

They just did my V8's inspection recently, don't think they checked records but they could through the dealer. If the scratch and dent is covered by the card they send you they won't charge. They did check tires, glass for chips,cracks. They guy is pretty through.
#1135 of 1550
2008 XC-90 3.2 V6 FWD. Premium $408.14 Plus Tax by floridagator
Aug 09, 2008 (2:30 pm)
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We just leased a 2008 XC-90 3.2 V6 AWD. Premium
 
I really do not know what additional options it may have besides (sunroof, leather, third row).
 
51 month lease, 48,000K total miles (11,294 / year) through fifth third bank
MSRP $42,675
Price Paid: $28,058.23
Total Fees: $2114 (Dealer Doc, Gap Insurance, Lessor Admin Fee)
Adj Cap Cost $30,172.23
Residual Value $14,791.70
Total out of pocket $0
Base payment $408.14
Plus Local Tax: 6%
 
Based upon what we have researched, this appears to be a pretty good deal. This board has been very helpful so we wanted to share what we experienced.
 
We were looking at an XC90 and a Mazda CX-9 Touring with leather/sunroof. We really liked both vehicles for different reasons, but figured since both were about the same price per month with $0 down; the Volvo was the obvious choice.
 
This was purchased in Marietta, GA.
#1136 of 1550
Re: 2008 XC-90 3.2 V6 FWD. Premium $408.14 Plus Tax [floridagator] by zamo
Aug 09, 2008 (8:06 pm)
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Replying to: floridagator (Aug 09, 2008 2:30 pm)

51-month?
 
jeez
#1137 of 1550
Re: 2008 XC-90 3.2 V6 FWD. Premium $408.14 Plus Tax [floridagator] by duck10
Aug 12, 2008 (5:49 pm)
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Replying to: floridagator (Aug 09, 2008 2:30 pm)

I am in the market for a similar lease in Georgia, originally quoted $560 approx for a 3 year lease. Was there a significant difference in monthly lease between 3 and 4 years? I'm in Savannah, GA, can you provide the dealership and sales person name. Big difference monthly between the 2. Appreciate info. Thank you DB
#1138 of 1550
Re: 2008 XC-90 3.2 V6 FWD. Premium $408.14 Plus Tax [duck10] by floridagator
Aug 12, 2008 (6:55 pm)
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Replying to: duck10 (Aug 12, 2008 5:49 pm)

We purchased it from Nally. I called and specifically asked for the GM. I went with the 51 month lease versus the 48 or 36 due to the pmt.
 
The vehicle we purchased has the premium and versatility pkg.
 
I also spoke with Mark Kops the GM at North Point Volvo. On Friday he told me the best he could do was $475/mo for the same car based upon a 48 month lease.
 
The North Point quote actually seems more accurate as we received a call from the dealer today that they messed up with the residual by over $1000 (equating to the low lease price). They honored the deal and ate the difference.
 
Both dealers were very professional and Nally was easy to work with.
 
I recommend negotiating the discount off of MSRP. Based upon the price we paid, it appears that they went into their holdback quite a bit.
 
Your local dealer may come close knowing that you are willing to drive to Atlanta to purchase the vehicle.
 
The last car we purchased was a Mercedes R350. We got a local dealer to get close to the price of a dealer in Columbia SC knowing that we were willing to purchase it there.
 
Best of luck!
#1139 of 1550
Re: 2008 XC-90 3.2 V6 FWD. Premium $408.14 Plus Tax [floridagator] by duck10
Aug 13, 2008 (3:50 pm)
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Replying to: floridagator (Aug 12, 2008 6:55 pm)

I just wanted to say thanks for the information. I continue to arm myself with information and plan to go into both the Savannah and Hilton Head dealerships this weekend.
 
DB

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