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Volvo XC90 Lease Questions

1549 messages, Last post on Dec 05, 2009 at 9:37 PM
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Replying to: floridagator (Aug 09, 2008 2:30 pm) |
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| How has the lease end / turn-in process been for you XC90 guys n gals? How are the Volvo dealers regarding excess wear and tear? | |
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Replying to: thechairman1 (Aug 04, 2008 2:50 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jonnyboy7 (Aug 13, 2008 7:54 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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hi all. first time long time. is it true that for leasing the 2008 xc90 in august that a 36mos/12k lease will place a 40% (37% on V8s) residual on these cars? isn't that crazy? i mean i guess it makes sense but c'mon!
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Think residual numbers are pretty accurate. Just had an out of town quote for a V8 in the color combo I'm interested (or was) and I almost had a stroke. For a V8 with premium leather and navi for a two year the price was something like 950 to 980 per month with 1500 down. Have Tier 0/1 credit rating. He tried Volvo Finance which was higher. The three year was 799-809 range same down. Really discounted as well to something like $41727 from list of 55K. At these prices for basically a leftover to pay this amount is crazy. If they want to move cars they are going to have to subsidize for September as the 09's are well on their way - most XC90's are in port. I looked at the monster QX56 from Infiniti which has a list of 59210 - fully loaded with more electronics then Volvo including navi, XM for free for three years, rear DVD, bluetooth phone integration, Ipod interface, power rear hatch and rear seats, heated wheel and front and rear heated. Residual was and still is 60% and financing rate is .00007. Discounted pretty decently. Payment in the mid to upper 5's. Gas mileage isn't so great but acceptable at 18-19 on highway - real number had it for the night and tested it. Love my 06 V8 but I'm only paying 349+taxes (per prop and state) for a grand total of 429 per month with 1500 down. Obviously heavily subsidized by Volvo. Unfortunately there are better deals out there and the residual is a deal killer. |
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... is anyone still leasing 2008 xc90s? my deal (rough numbers): 39m/39k V8 white with climate/BLIS msrp 50600 lease price 34150 residual 35%/MF .00194 upfront 1950 (1st m/bank/mv/doc) 555/m (tax included) |
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Replying to: dicodoco (Aug 19, 2008 3:56 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I'm renewing 2 leases this quarter and was thinking about getting an xc90 for my wife & the s80 for myself. the local dealers have pretty aggressive lease packages on the 2008s right now, and i'm wondering what I should expect as further discount off the published numbers for getting 2 at once. they quote 499 plus tax for the XC90 and 419 plus tax for the S80 both no money down and 10,500 miles on 42 month leases. any coaching here? |
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Car Man - Wanted to get your read on this deal. 2008 Volvo XC90 (new not a demo) Sale price:$31,490 On a 36 month/15k per year lease term. Nothing down except first payment of $587.58 and have 35 additional payments of $587.58. The residual would be $15,746.50. The total of the payments is $21,152.88 + $15,746.50 yields a total price over the term of the lease of $36,899.38. I am likly to buy this out at the end of the lease (we keep cars a long time but they are willing to deal more on the lease). I have not hit him with my trade in yet a 1996 Jeep Cherokee Country. 112K miles. Never been in a wreck, good condition for age. No mechanical problems. Normal wear and tear. Thoughts? Should I keep shopping?? Thanks for all your help
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