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Volvo XC90 Lease Questions

1546 messages,  Last post on Dec 02, 2009 at 7:22 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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#1225 of 1546
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 1546
by serdarfl
Oct 18, 2008 (10:36 pm)
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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.
#1227 of 1546
Re: October Lease rates [daisyr] by Car_man HOST
Oct 20, 2008 (5:09 pm)
Reply

Replying to: daisyr (Oct 18, 2008 7:20 pm)

Hi DaisyR . The aforementioned cash incentives are completely paid for by Volvo and have nothing to do with your ability to negotiate a dealer discount. Shop around and negotiate the lowest possible selling price that you can on the XC90 that you want and then have the dealer subtract any available cash incentives from that.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1228 of 1546
2009 XC90: Confused Lease by jnalpak
Oct 20, 2008 (5:48 pm)
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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
 
#1229 of 1546
Re: October Lease rates [Car_man] by daisyr
Oct 20, 2008 (6:51 pm)
Reply

Replying to: Car_man (Oct 20, 2008 5:09 pm)

Hello Car_Man. Thank you for your message. So given that it is close to the end of the year, what can one expect to pay a dealer for 2008 XC90 V8 with the following:
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.
#1230 of 1546
XC90 Lease by davidg11
Oct 21, 2008 (4:32 am)
Reply
Would anyone be kind enough to comment on the following lease? My wife and I wound up in the dealership with two young children and we've only bought cars outright in the past. We went into the Volvo dealership not having a clue about the XC90, liked it quite a bit and decided to take the plunge. Recipe for disaster?
 
2008 Volvo XC90
6K mi. (loaner car)
6 cyl.
Met. paint
Climate package
Blind spot protection
Premium package
Versatility
 
36 month lease
10.5K mi./yr
 
486.62/mo.
At signing: 1579.52 (incl. tax) + 795 bank fee + 486.62 1st month + misc. small fees = 2928.64
#1231 of 1546
Re: XC90 Lease [davidg11] by srexy
Oct 21, 2008 (7:32 am)
Reply

Replying to: davidg11 (Oct 21, 2008 4:32 am)

Here's a so-called "give-away" offer from my local dealer.
 
08 i6 3.2l Versatility and Premium package:
 
12,000 miles per year
39 months
$474 per month plus tax
$1,475.72 Due at signing
 
I've yet to hit him up for the sale price MF and residuals yet.
 
We'll be test-driving the XC90 & Mazda CX9 back to back tomorrow. Personally I'd rather go w/the CX9 due to the $$ available on that car but my wife will be the one to make the call ultimately.
 
It's ironic that I find myself shopping for a Volvo again. We did this 2yrs ago, and my preferred choice was the XC90, but we were lured away by an amazing lease on the M-B R350
#1232 of 1546
Re: October Lease rates [daisyr] by Car_man HOST
Oct 23, 2008 (4:28 pm)
Reply

Replying to: daisyr (Oct 20, 2008 6:51 pm)

You're welcome, daisyr. If you lease the XC90 that you are interested in through Volvo Finance then it is not eligible for the $12,000 cash incentive, it only gets $4,000. If I was in the market for this truck right now, I personally would shoot for a selling price that's withing a couple hundred dollars of invoice and then have the dealer subtract the cash from that, again four grand for a Volvo Finance lease and $12,000 for a lease through any other bank.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1233 of 1546
XC90 2009 by zachman1
Oct 28, 2008 (7:52 am)
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What are the residuals for a 2 or 3 yr. lease on this vehicle and the money factor? Any rebates on the 2009?
#1234 of 1546
Re: XC90 2009 [zachman1] by Car_man HOST
Oct 29, 2008 (3:44 am)
Reply

Replying to: zachman1 (Oct 28, 2008 7:52 am)

Hi zachman1. Volvo Finance's lease program for the XC90 varies by trim level. You never provided any details on the exact model that you want, so for now I will assume that you are interested in a 2009 XC90 3.2 5 Passenger AWD. Let me know if you want something different. If you were to lease this model through Volvo Finance right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value would be .00132 and 54%, respectively. The numbers for an otherwise identical 36 month lease are .00182 and 46%.
 
Other than a $500 incentive for loyal customers, Volvo is not providing any cash incentives on leases of the '09 XC90 through Volvo Finance. It does however have $4,750 to $7,750 in cash incentives for leases of this vehicle through independent banks.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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