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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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#1188 of 1550
Re: Volvo xc90 Lease [stim] by floridamom1
Sep 17, 2008 (5:36 pm)
Reply

Replying to: stim (Sep 17, 2008 4:28 pm)

The cap cost was 30k and the money factor .00190. Financing through US Bank.
 
Only had the car two days, so I am hopeful that I will get used to it!!
#1189 of 1550
Re: Volvo xc90 Lease [floridamom1] by marinite
Sep 17, 2008 (10:18 pm)
Reply

Replying to: floridamom1 (Sep 17, 2008 5:36 pm)

Cap cost was really $30k?? Wow.
 
I'd love to know what the $2000 down/fees were. That seems high but only in comparison to Honda - which really, is no comparison.
 
Congrats and I hope you like it - if not, I might be interested in assuming your lease - that's a good deal.
 
Cheers,
Marinite
#1190 of 1550
Re: Volvo xc90 Lease [marinite] by floridamom1
Sep 18, 2008 (3:13 am)
Reply

Replying to: marinite (Sep 17, 2008 10:18 pm)

We've never leased a vehicle before so this was new to us. Are you saying you think we got a good or bad deal, Marinite?? Here's the numbers as I recall them
MSRP 45350
Cost after incentives, discounts, etc. 30000 (This is the cap cost right?)
Residual 12698
mf .00190
Payment $441
The $2000 included title, regist, dealer fee and first months payment.
This was $100 less per month than the local dealer. We ended up traveling 35 minutes noroth to get this deal. The local dealer said he couldn't/wouldn't match the price, which often seems to be the case Naples!!
 
I'll give the car a fair chance, but if I cant find a comforatble setting for the seat and steering wheel, I may take you up on your offer to assume the lease!!
#1191 of 1550
Re: Volvo xc90 Lease [stim] by fluid15
Sep 18, 2008 (9:33 am)
Reply

Replying to: stim (Sep 17, 2008 4:28 pm)

We took a few 5-6 hour trips and one long 10-12 hr trip. I didn't have a problem with the seats except for the headrests which are not adjustable. They angle uncomfortably forward - which is purely a safety design - which I wish was adjustable.
#1192 of 1550
Re: Volvo xc90 Lease [floridamom1] by marinite
Sep 19, 2008 (1:47 am)
Reply

Replying to: floridamom1 (Sep 18, 2008 3:13 am)

Good deal, I personally think!
 
I was just curious about the $2000 which sounded high but not when I see what it covers. I think the only difference between the Honda Odyssey cost/fee is the dealer fee - any idea how much that charge was? Not that the van compares AT ALL to the Volvo! The van is not.cool.whatsoever. ...but we have twins and it's super easy for loading them.
 
Yes, let me know if you still can't stand the seats - they are something to get used to. I have a Volvo sedan now myself. I find that putting the seat bottom flat and getting lots of lumbar support is key - also I put the steering wheel close to my leg so my arms aren't reaching too high. Also helps so you don't notice the headrests which are huge if you really look at them. Part of the big safety package. Hope any of these ideas help.
 
Marinite
ps - I'm in NoCal but hey, could meet you in Texas if you really, really need an assumption and I haven't used some of your numbers to score an amazing lease deal, too!
#1193 of 1550
Re: Good deal? [ellisn03] by Car_man HOST
Sep 19, 2008 (3:18 am)
Reply

Replying to: ellisn03 (Aug 26, 2008 6:29 pm)

HI ellisn03. It is difficult for me to tell how good a deal this is without knowing either this truck's MSRP or its dealer invoice price. These numbers will show me how much of a discount or how much over invoice you are paying for this vehicle. Plus it will enable me to use Volvo Finance's current lease program to work up a monthly payment to compare to the one that you mentioned. Let me know what this number is and I'll tell you what I think. You can look up the MSRP and invoice price for this model right here at Edmunds.com by visiting the New Vehicle Pricing section of this site.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1194 of 1550
Re: How far below MSRP are dealers willing to go? [dt78] by Car_man HOST
Sep 19, 2008 (3:22 am)
Reply

Replying to: dt78 (Sep 01, 2008 12:52 am)

Hi dt78. The size of the discount that you will be able to negotiate on the XC90 that you are interested in will depend upon whether you are leasing it through Volvo Finance or through an independent bank. If you lease is through a bank other than Volvo Finance then you probably will be able to come close to the sort of massive discount that you mentioned because Volvo is currently providing a $6,750 cash incentive on leases of base'08 XC90 models through independent banks.
 
If you opt to go with Volvo Finance's lease program, which has much better money factors and residuals than independent banks would, then the cash incentive is reduced to $2,000.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1195 of 1550
Re: How far below MSRP are dealers willing to go? [Car_man] by stim
Sep 19, 2008 (3:25 am)
Reply

Replying to: Car_man (Sep 19, 2008 3:22 am)

What are the current incentives on 2008 V8's? How are the residuals (know they are bad just how bad) and MF's either through VF or independents?
#1196 of 1550
Re: [jk764] by Car_man HOST
Sep 19, 2008 (3:29 am)
Reply

Replying to: jk764 (Sep 06, 2008 12:35 pm)

Hi jk764. I'm sorry to hear about your rough Toyota experience, but at least everything worked out well and you got a new Volvo from a decent dealer. If you'd like, you can share your recent dealer experiences with everyone by hopping on over to the Dealer Ratings & Reviews section of Edmunds.com. Thanks and enjoy your new XC90 .
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1197 of 1550
Re: How far below MSRP are dealers willing to go? [Car_man] by floridamom1
Sep 19, 2008 (3:35 am)
Reply

Replying to: Car_man (Sep 19, 2008 3:22 am)

Just curious Car_man.....will my experience turning the car in at the end of the lease be different leasing with a bank vs Volvo finance? By that, I mean , will Volvo finance be less "picky" about nickel and diming us for wear and tear on the vehicle? The Finance Manager tried to scare me into adding insurance of $16 per month to my payment to cover "normal wear and tear". He said that the bank would scrutinize the car and that I could end up owing thousands at the end. Having never leased before, I was concerend, but said no in the end.

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