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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: bcd79 (Sep 22, 2008 5:28 pm) 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 Host Prices Paid: Buying & Leasing Experiences Forum |
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To Coopcar: Are you paying $349.00 for XC90 V8? This is truly terrific as my 39 month lease on 2006 V8 is $500.00. Anyway, what do you all think about buying proposition for 2006 V8 that I received from the bank: they want me to buyout it early for $26000 under 7.5% interest for 5 years and to forgo my remaining 7 payments? Will be curious to learn your opinion |
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Replying to: Car_man (Dec 05, 2005 2:59 am) 2008 vehicle, this would be my third Volvo form the same dealership- I called the dealership and have yeat to see the #'s on paper, but right now- - Live in NJ, Deal in PA - $1526.00 out of pocket/walk away -$514.71 per mth 36 mths, 15K per yr - they will pay final three mths off current lease Please give me your thoughts. I love this site and am glad to finally actively post.
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Replying to: bellemolly (Oct 04, 2008 4:33 pm) |
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Replying to: coopcar (Sep 24, 2008 12:54 pm) I just got some strange numbers from my local Volvo dealership: MSRP $42,675 SP $31,350 Res $15,624 MF 0.00217 36month 12k/yr $1512 due at signing $558+tax ($597/m) Seems like the residual is out of whack. Edit: just got word from the dealership. Bank is US Bank hence the low residual.
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Replying to: srexy (Oct 08, 2008 7:05 am) Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2008 XC90 3.2 5 Passenger AWD with 12,000 miles per year are .00136 and 43%, respectively in the areas that Volvo is still providing lease support on it. If you decide to lease through an independent bank instead of Volvo Finance, you can take advantage of the following cash incentives: Base XC90: $8,500 XC90 3.2 5 Passenger 2WD: $9,750 XC90 3.2 7 Passenger 2WD: $9,750 XC90 3.2 5 Passenger AWD: $9,750 XC90 3.2 7 Passenger AWD; $9,750 XC90 V8: $12,000 Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Oct 14, 2008 3:46 am) the figures I got were on a 3.2 FWD 7 seater - versatility and premium packages MSRP $42,675 Lease Price $ 31,350 Residual $15,624 MF .00217 I guess this was through US Bank and they would eat $982's worth of my remaining lease payments. Based on your figures there's more to be had from this deal... |
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I would like to get your thoughts on the lease deal presented to me on a 08 XC90 AWD 7 Passenger, silver w/ black interior, wood steering wheel, includes convenience package. 15,000 mi/yr MSRP $47,515 $1,600 down $512 mo for 36 months I remember dealer stating Residual around $17,000. Also, I am coming out of a 2 year Volvo lease the beginning of Nov. and have gone over my miles. I will owe about $900. I have never been in this situation before. Dealer says over the mileage not negotiable. Is this true? Any help would be greatly appreciated
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Replying to: ggv5 (Oct 16, 2008 5:46 pm) Mileage charge is non negotiable. You can use any available rebate to offset the fee. My guess is that all rebates are already applied to the new lease. |
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Replying to: Car_man (Oct 14, 2008 3:46 am) Can you clarify whether the cash incentives mentioned above are incentives against the MSRP or the dealer invoice. My understanding is that they normally come off the dealer's invoice price. If that's the case, then I'll go back to my Volvo salesperson to further negotiate a lease on a 2008 XC90 V8. He told us he could take $14K off the MSRP, but residual is so low ($15,568 - ouch) that payments end up being high (in the $600 range). If Volvo is offering a $12K incentive off dealer invoice, then that means there's more room to negotiate, right? Thanks, DaisyR
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