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Volvo XC90 Lease Questions

1533 messages,  Last post on Nov 30, 2009 at 4:05 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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#1207 of 1533
Re: Car_Man [bcd79] -- XC 90 Purchase by coopcar
Sep 22, 2008 (10:13 pm)
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Replying to: bcd79 (Sep 22, 2008 5:28 pm)

Car Man,
If I purchase a 2008 Volvo XC90 8cyl. Sport, can I still get the $10,000 factory rebate, or is it only available on a lease? If so, is this deal only available through 9/30/08? What are the best deals on purchases that are available now? Can I purchase the car for at or below dealer invoice, plus the $10,000 rebate? Thanks for your help.
#1208 of 1533
Re: Car_Man [bcd79] -- XC 90 Purchase [coopcar] by volvomax
Sep 24, 2008 (11:19 am)
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Replying to: coopcar (Sep 22, 2008 10:13 pm)

That incentive is lease only.
#1209 of 1533
Re: Car_Man [bcd79] -- XC 90 Purchase [coopcar] [volvomax] by coopcar
Sep 24, 2008 (12:54 pm)
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Replying to: volvomax (Sep 24, 2008 11:19 am)

For the group, I've done major research on the XC90 v8 Sport deals, although I presume that some of these terms would apply to other XC90s as well. Lease rebate from Volvo is at $12,000 and purchase rebate from Volvo is at $4,250. Dealers seem willing to quickly sell for $2,000 over invoice, although I suppose there is still some room for negotiation. The best available money factor on this car is through US Bank (assuming you take the $12,000 rebate, which is only available with 3rd party leasing companies), which is at .00253. The residual is very low (36% of MSRP), so that even though a car with $55,000 MSRP can be bought with a cap cost of around $40,000, with the MF and low residual, the monthly payment is in the mid 700s without tax. Some dealers are offering lease deals in the high 600s, but those are only for cars on their lots. At the end of the day, the rebates don't save too much, as they get you back on the lease terms. It's just an expensive car, but it sure does drive great. Hope this helps.
#1210 of 1533
Re: Car_Man [bcd79] -- XC 90 Purchase [coopcar] [volvomax] [coopcar] by stim
Sep 25, 2008 (3:32 am)
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Replying to: coopcar (Sep 24, 2008 12:54 pm)

Second coopcar's research. Have been looking since the end of July. The supplies of V8's are almost nonexistent in the Midwest. The lease deals are terrible. Leasing is dying a slow death - for Suv's - you can still get deals on S80's but the manufacturers and banks are very nervous about writing leases where end lease values are uncertain. The only reasonable deal, if you want one is on Pathfinder, Acura MDX and the Infiniti QX56 (lots of inventory). On the QX56 they were willing to discount below 50 with a 60% residual and near 0% MF.
 
Looked at Lexus and quickly walked away. MF was about 4.5% and they were only taking off 4K on a 08 GX. Payment in the 7's.
 
I'm paying 349 for a two year V8 (52500$) Volvo XC90 - would have to double that to get the same car and terms today. Love it but the numbers are way too high. My dealer hinted that Nov/December will show the best deals but V8 are going to be almost nonexistent this year. May have to do a purchase with the rebates and keep the car for a period of time 5 years or more to get the most out of it. But with Volvo phasing out the XC90 in 2010 it may be a really bad financial decision if I want to sell it.
#1211 of 1533
Re: Car_Man [bcd79] -- XC 90 Purchase [coopcar] [volvomax] [coopcar] [stim] by volvomax
Sep 25, 2008 (3:31 pm)
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Replying to: stim (Sep 25, 2008 3:32 am)

XC90 is not being phased out.The new XC90 will arrive in 2012.
The XC60 is being introduced for the 2010 model yr.
#1212 of 1533
Re: Car_Man [bcd79] -- XC 90 Purchase [coopcar] [volvomax] [coopcar] [stim] by qbrozen
Sep 26, 2008 (9:03 am)
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Replying to: stim (Sep 25, 2008 3:32 am)

But with Volvo phasing out the XC90 in 2010 it may be a really bad financial decision if I want to sell it.
 
Phase out their best selling vehicle and biggest hit they've had in ... well forever? Who started that rumor?
#1213 of 1533
by stim
Sep 26, 2008 (9:44 am)
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Found this, but I think it may be retracted on the cancellation:
 
http://www.autoblog.com/2007/12/17/report-volvo-xc90-replacement-cancelled/2
#1214 of 1533
Re: [stim] by qbrozen
Sep 26, 2008 (10:04 am)
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Replying to: stim (Sep 26, 2008 9:44 am)

I think they worded it poorly.
If parts of the article were true, I believe it would only mean the replacement is put on hold, but they would continue building and selling the current XC90. Pretty much the same thing Ford has done with the F150.
#1215 of 1533
Re: [qbrozen] by volvomax
Sep 26, 2008 (2:41 pm)
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Replying to: qbrozen (Sep 26, 2008 10:04 am)

Old news, the article is 100% wrong.
#1216 of 1533
Re: Car_Man [bcd79] by Car_man HOST
Sep 30, 2008 (5:35 pm)
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Replying to: bcd79 (Sep 22, 2008 5:28 pm)

Hi bcd79. The $10,000 cash incentive that I mentioned is only for leases of the '08 XC90 V8 through banks other than Volvo Finance. Volvo is providing a cash incentive on leases of the '08 XC90 3.2 7 Passenger AWD through independent banks, but it is lower...$7,750.
 
This cash incentive is not compatible with the special 0.0% to 3.9% financing offer that Volvo is currently providing on this truck. It is not compatible with conventional loans through independent banks either, but $4,250 dealer cash is.
 
Car_man
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