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You are in the Prices Paid - Buying & Leasing Experiences
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Volvo XC90, Car Leasing, SUV
Oct 29, 2008 (3:44 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.
Prices Paid: Buying & Leasing Experiences Forum
#1235 of 1658 All lease rates in one place
Oct 29, 2008 (1:05 pm)
Car_man can you post all known offers in one place when you have a chance?
Both 2008 and 2009
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?
Nov 03, 2008 (12:52 pm)
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?
Nov 04, 2008 (11:20 am)
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?
#1238 of 1658 Re: Lease Quote [zachman1]
Nov 04, 2008 (11:31 am)
$620/mo & 5.4% are too high - it's not worth it unless they give you the car when the lease is over. Shoot for a lease < $500/mo.
#1239 of 1658 08 and 09 XC90 November Lease Info
Nov 10, 2008 (5:51 pm)
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!
#1240 of 1658 Re: Lease Quote [fluid15]
Nov 10, 2008 (6:55 pm)
Good luck with that. AL those deals are gone.
Nov 10, 2008 (7:28 pm)
I was offered the following:
2008 xc90 SE $ 31792, 48 months lease with 12k miles per year is $ 485 per month with $4500 total out of pocket. This is a demo model with 500 miles on it. Any thoughts on this deal?
The same car is being offered by two local dealerships. One is a demo with a sticker of $37995 and the other is new with a sticker of $36547. The lease offer is for the demo as I said and I am currently looking to see what the other dealership is offering.
#1242 of 1658 Re: Lease Quote [patriot21]
Nov 10, 2008 (8:10 pm)
Not a very good lease deal at all. You should be able to get a much better deal on an '09 with that much money down. There is $2000 loyalty money for current Volvo owners regardless of the model year, $750 holiday gift money that can be used towards the deal and also if you have a Costco membership that's another $1,000.- If anyone wants a reality check if they are getting a good deal or not.. Just pm me I may be able to help.
Nov 10, 2008 (8:46 pm)
Are you saying I can get a better deal on an 09 SE? I thought $31792 is pretty good price for a car that has an MSRP of $46595. I'm still trying to get the money factor and residual so I can calculate things myself.