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Volvo XC90 Lease Questions

1542 messages,  Last post on Dec 02, 2009 at 12:44 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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#1217 of 1542
Is that a good deal? by yoreet1
Oct 01, 2008 (11:50 am)
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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
#1218 of 1542
Re: 2006 Volvo XC90 2.5 AWD [Car_man] by bellemolly
Oct 04, 2008 (4:33 pm)
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Replying to: Car_man (Dec 05, 2005 2:59 am)

I am looking at a 2008 Volvo V6 with AWD, climate, premium and versatility packages and met.paint-
 
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.
#1219 of 1542
Re: 2006 Volvo XC90 2.5 AWD [bellemolly] by zamo
Oct 04, 2008 (5:10 pm)
Reply

Replying to: bellemolly (Oct 04, 2008 4:33 pm)

Deal sounds good to me, considering that they will be eating 3 payments. Its almost a sign and drive deal.
#1220 of 1542
October Lease rates by srexy
Oct 08, 2008 (7:05 am)
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Replying to: coopcar (Sep 24, 2008 12:54 pm)

Does anyone have the October lease rates for the 08 XC90?
 
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.
#1221 of 1542
Re: October Lease rates [srexy] by Car_man HOST
Oct 14, 2008 (3:46 am)
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Replying to: srexy (Oct 08, 2008 7:05 am)

Hi srexy. I can give you an idea of what Volvo Finance's lease program for the XC90 is like right now, but its specific money factors and residual values vary by trim level. You never fully described the XC90 that you are interested in, so for now I will assume that you want an '08 XC90 3.2 5 Passenger AWD. Let me know if you want something different.
 
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
#1222 of 1542
Re: October Lease rates [Car_man] by srexy
Oct 14, 2008 (4:40 am)
Reply

Replying to: Car_man (Oct 14, 2008 3:46 am)

Thanks Car_man,
 
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...
#1223 of 1542
XC90 Lease by ggv5
Oct 16, 2008 (5:46 pm)
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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
#1224 of 1542
Re: XC90 Lease [ggv5] by zamo
Oct 16, 2008 (6:23 pm)
Reply

Replying to: ggv5 (Oct 16, 2008 5:46 pm)

Lease terms look good.
 
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.
#1225 of 1542
Re: October Lease rates [Car_man] by daisyr
Oct 18, 2008 (7:20 pm)
Reply

Replying to: Car_man (Oct 14, 2008 3:46 am)

Hi Car_Man,
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
#1226 of 1542
by serdarfl
Oct 18, 2008 (10:36 pm)
Reply
There is also Volvo Loyalty money $500 that goes towards purchase or lease if you currently own a Volvo. Anyone who is in South Florida area I can give them more info via pm.

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