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Volvo XC90, Car Leasing, SUV
Nov 12, 2008 (6:28 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.
Prices Paid: Buying & Leasing Experiences Forum
#1247 of 1658 Re: 08 and 09 XC90 November Lease Info [jmcbmw]
Nov 12, 2008 (6:35 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%
Prices Paid: Buying & Leasing Experiences Forum
#1248 of 1658 Correction-Car man
Nov 14, 2008 (9:14 pm)
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.
Nov 14, 2008 (9:17 pm)
What is the invoice on the car?
#1250 of 1658 2009 XC 90 3.2A AWD 7 passenger
Nov 15, 2008 (11:04 am)
I would appreciate if you would please evaluate the following deal.
MSRP: 47,225 (Includes following options - premium, versatility, climate, metallic paint)
Sale price: 35,533
Term: 39 Months
Total out of pocket: 3,418
Customer Rebate: 1,750
Miles per year: 10,000
Purchase Option: 19,834 (i guess this is the residual?)
Cap reduction: 0
Money factor: .002708
1st Payment: 489.13
Base pmt: 498.13
Sales Tax: 8.25%
Dealer: Hassel Volvo in New York
Thanks for your help.
Nov 15, 2008 (5:43 pm)
I'm considering leasing an 08 xc90 AWD, and I live in Denver. I have been quoted $37k on 2008 3.2 ($45k MSRP) and $41k on a v8 (MSRP $50k). I have three questions that I would appreciate any opinions on:
1) is the 3.2 too underpowered, for example for trips to the mountains. Or is it sufficient
2) I am reading so many bad things about reliability, if I buy a 2008 can expect a maintenance nightmare? Note I am thinking of getting the 3.2 because the reliability issue has scared me to the point I think I should limit my investment
3) do these purchase prices seem reasonable?
It's too bad I read all of these posts about reliability and maintenance issues because before I read them I had no reservations about this car choice.
Nov 15, 2008 (9:23 pm)
The price on the '08 xc90 SE is $37995.
I've gotten the $485/mo down to $457 after getting a $455 price from Lexus on an 09 RX350. Adding NAV I got $495 for RX350 & $515 on the Volvo.
I'm really not sure which to get at this point. Any suggestions?
#1253 of 1658 08 XC90 lease incentives
Nov 17, 2008 (5:47 pm)
I have read in earlier posts that Volvo is offering incentives for non-Volvo finance leases on MY2008 XC90's. It was my understanding that the figures were $9750 for 3.2 and $12000 for V8 models, as well as $4000 dealer cash and $2000 loyalty rebates. I am also a Costco member, but in looking at their promotion online, it seems to be valid on 2009 models only.
I emailed a local Volvo sales manager (my current XC90 is from his dealership) to verify these figures. He told me the numbers are as follows for independent bank leases:
3.2 Base 11/07/2008 - 11/30/2008 $4,750
3.2 Non Base 11/07/2008 - 11/30/2008 $6,000
V8 11/07/2008 - 11/30/2008 $9,250
Residual/Money Factor for 36 month lease/12K miles/year
MY 2008 33% .00254
He also mentioned that Volvo is offering special lease rates on the 08 (not combinable with the $4000 dealer cash) ranging from .00001 to .00164 depending on term and model (I have asked for specifics on this, but haven't had a reply just yet).
Do these numbers sound correct to you? My current lease of a 2006 XC90 is over in April, and I was thinking about leasing another one sooner if the deal was significantly better than what I am currently paying. ($450/mo for 7 pax FWD w/premium & versatility pkgs).
Thanks in advance for your help!
#1254 of 1658 Good deal on 08 xc90 v8?
Nov 19, 2008 (12:50 pm)
I haved decided on purchasing a v8 xc90 2008. A dealer gave me the following lease offer through Costco.
money factor .00275
36 month lease
12,000 miles per year
$586 a month (excluding taxes), with $1500 due at signing (increased to $599 for 15k miles).
Does this sound like a good deal?
#1255 of 1658 2009 XC 90 3.2A AWD 7 passenger
Nov 19, 2008 (2:11 pm)
I desperately need to get a car by the weekend! So, can someone please please help me by replying to my earlier post # 1250.