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Prices Paid: Buying & Leasing Experiences Volvo XC90 Lease Questions
1536 messages, Last post on Dec 01, 2009 at 8:30 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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
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Replying to: davidg11 (Oct 21, 2008 4:32 am) 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 |
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Replying to: daisyr (Oct 20, 2008 6:51 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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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?
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Replying to: zachman1 (Oct 28, 2008 7:52 am) 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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Replying to: zachman1 (Oct 28, 2008 7:52 am) Both 2008 and 2009 Example: Volvo Finance MF/ Resid/ Incentives (rebates/ Cash back) 12000 miles and 15000 miles on 5 pass non AWD From what I see from your earlier posts: 15K miles on a 2008 with 24 month lease 2.5 5 pass AWD - .00132 and 54% 15K miles on a 2008 with 36 month lease 2.5 5 pass AWD - .00182 and 46% Incentive on 2008 7 pass awd is $ 7,750 2008 5 pass AWD for 3 yrs 12K miles is .00136 and 43%, Other Banks (and their name) with MF/ Resid/ Incentives (rebates/ Cash back) 12000 and 15000 miles on 5 pass non awd Here are the incentives you listed from independent banks: 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 What bank are these from and do you know the MF & Resid? Thanks in advance for doing this. You do great work. Its just hard to follow all the possibilities and would be great to have them summarized once a month (if time permits). PS can you get the 500 loyalty if you own a volvo and trade it in but use an independant bank? Also see there is 4000 in marketing support - any limitations on that? Cheers |
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Carman: Lease would be based on 36/12K with only inception fees for the 3.2L with the following options: Premium, climate, versatility, RSE and maybe the convenience package. Any lease incentives with Volvo or independent banks on the 2009? Loyalty incentive? Costco incentive? Money factor with Volvo and independent bank? Residual with Volvo and other bank?
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CarMan: This is what I was recently quoted: $620 per month for 36 months on the 3.2model with inception fees of $1700 and 12K. Options include: AWL, premium, climate, versatility, DVD, convenience and metallic paint. residual was 40% and interest rate 5.4% Is this a good deal?
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Replying to: zachman1 (Nov 04, 2008 11:20 am)
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Anyone have November lease info on Volvo XC90? I'm helping a friend who is turning in an XC90. The more info the better as he hasn't decided which model and options yet. Thanks!
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