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Prices Paid: Buying & Leasing Experiences Volvo XC90 Lease Questions
1503 messages, Last post on Nov 01, 2009 at 10:13 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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| 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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Replying to: daisyr (Oct 18, 2008 7:20 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Hi there, long time viewer first time poster. I was quoted a 2009 XC90 MSRP: 44.8k QUOTE: 35,362 DOWN: 2944.00 LEASE: 39 mth/12k miles for 500.00 silver ext /black int pkg: climate & premium addon: ipod/bluetooth when i go to the volvo website i see a MSRP of 44.3k with the following: Convenience Package Climate Package Premium Package iPodŽ Music Interface Park Assist Camera Sirius Satellite Radio Bluetooth Hands-Free System Can someone help make sense of this? I am very confused, could i use this information to my advantage? thanks for the help |
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Replying to: Car_man (Oct 20, 2008 5:09 pm) Real-Time Navigation Convenience Package Climate package Bi-Xenon headlights Dynaudio stereo system BLIS MSRP is $56057, Invoice $51708. Can we ask for below invoice price and then get the $12K cash incentive on top of that? We are in Marin County, California. The current sales price we were quoted for a USBank lease was $42708, residual of $16256, MF 0.0025, $1000 loyalty rebate, $5000 partial trade-in. monthly payment of $589, exlcuding sales tax. My inclination is to ask for Invoice less the $12k cash incentive for sales price of $39708. Any thoughts? Tks.
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