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Volvo XC90 Lease Questions

1544 messages,  Last post on Dec 02, 2009 at 1:59 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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#1240 of 1544
Re: Lease Quote [fluid15] by zamo
Nov 10, 2008 (6:55 pm)
Reply

Replying to: fluid15 (Nov 04, 2008 11:31 am)

Good luck with that. AL those deals are gone.
#1241 of 1544
Lease Quote by patriot21
Nov 10, 2008 (7:28 pm)
Reply
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 1544
Re: Lease Quote [patriot21] by serdarfl
Nov 10, 2008 (8:10 pm)
Reply

Replying to: patriot21 (Nov 10, 2008 7:28 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.
#1243 of 1544
by patriot21
Nov 10, 2008 (8:46 pm)
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thanks serdarfl.
 
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.
#1244 of 1544
by patriot21
Nov 11, 2008 (8:58 am)
Reply
I got the lease figures this morning.
 
2008 xc90 SE
 
price: 31792 (still need to get the 1k costco discount)
money factor: 0.00248 (5.95 APR)
residual: 26% after 48 months ($12114 at lease end)
money down: $4500
 
$485/month for 48/months at 12k/yr
 
I'd love some help negotiating this if anyone can offer some advice. It seems the residual is low considering the 46% for 3yr/15k I read in an earlier post.
#1245 of 1544
Re: [patriot21] by zamo
Nov 11, 2008 (9:07 am)
Reply

Replying to: patriot21 (Nov 11, 2008 8:58 am)

residual: 26% after 48 months ($12114 at lease end)
 
Jeez!!
 
I am in for the buyout at month 48!
#1246 of 1544
Re: Lease [zachman1] by Car_man HOST
Nov 12, 2008 (6:28 pm)
Reply

Replying to: zachman1 (Nov 03, 2008 12:52 pm)

Hi zachman1. Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Volvo XC90 3.2 7 Passenger AWD with 12,000 miles per year are .00197 and 47%, respectively.
 
For November, Volvo introduced a $750 Holiday gift card on this model that is compatible with all other offers.
 
There also is $500 owner loyalty cash on all deals.
 
Volvo is providing a $4,750 cash incentive on leases of '09 XC90 3.2 models through independent banks.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1247 of 1544
Re: 08 and 09 XC90 November Lease Info [jmcbmw] by Car_man HOST
Nov 12, 2008 (6:35 pm)
Reply

Replying to: jmcbmw (Nov 10, 2008 5:51 pm)

Hi jmcbmw. Here's Volvo Finance's current buy rate lease money factors and residual values for a 36 month lease of the 2009 XC90 with 15,000 miles per year:
 
XC90 5 Passenger 3.2 AWD: .00182 / 46%
XC90 7 Passenger 3.2 AWD: .00197 / 45%
XC90 5 Passenger 3.2 FWD: .00169 / 44%
XC90 7 Passenger 3.2 FWD: .00185 / 44%
Base XC90 3.2 FWD: .00004 / 41%
XC90 V8 AWD: .00122 / 44%
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1248 of 1544
Correction-Car man by serdarfl
Nov 14, 2008 (9:14 pm)
Reply
Carman,
 
The loyalty money applies to XC90, XC70, V70 and S80 only. It is $2,000.- Costco money($1,000) applies to XC90, XC70 and V70. Just want to clarify. For the Costco money you need to be a Costco member as of October 31,2008. You can't just open an account and take advantage of it in another words.
#1249 of 1544
Patriot by serdarfl
Nov 14, 2008 (9:17 pm)
Reply
Patriot,
 
What is the invoice on the car?

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