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Prices Paid: Buying & Leasing Experiences Volvo XC90 Lease Questions
1550 messages, Last post on Dec 06, 2009 at 3:00 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hello Carman, 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. Best, Joy |
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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. Thank you |
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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? |
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Hi, 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! |
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I haved decided on purchasing a v8 xc90 2008. A dealer gave me the following lease offer through Costco. $51,670 MSRP 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? |
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I desperately need to get a car by the weekend! So, can someone please please help me by replying to my earlier post # 1250. Best, Joy
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Replying to: rameshr (Nov 15, 2008 11:04 am) Specifically, Volvo is providing a $4,750 cash incentive on non-Volvo Finance leases of this model plus an additional $750 holiday bonus cash. Add to this the likely $2,800 or so spread between this model's MSRP and dealer invoice price and you have a total of around $8,300 to play with during your negotiations. Anyhow, the point of all of this was the $11,000 discount that you were quoted looks very attractive. If you like the truck, I personally don't see any reason not to go for it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: rameshr (Nov 19, 2008 2:11 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Nov 21, 2008 4:12 am) Thanks for your advise. By virtue of having good credit score, I was able to negotiate a better money factor (.002158) that lowered my monthly payments by approx $50. In fact, they threw in 'blue tooth' for free. I tried to increase the rebate but they just wouldn't budge anymore and was told that I have "maxed" out by being enrolled in the Costo program. I would have gotten much higher rebate (over $4k) had I been a prior Volvo owner. Overall, I am happy with the deal  Thanks again. Rgds, Joy.
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Hi Car Man, I am thinking about getting the xc-90 3.2 with versatility (3rd row seat), climate, premium (leather int.) and convenience packages (nav system and seat back monitors). The lease rate is $549 with $3971 down ($558 first payment, $1991 tax, $351 paperwork and $895 non-volvo bank fee) for a 48 month term. The residual value is $15,314 based on 31% of the $46,440 sticker price after add'l packages. This is based on 12K miles a month and the lease payments are based on $37,000. I think the base price is $34,780, plus upgrades, minus rebates and incentives, gets me to $37,000. Any thoughts on whether this is a fair deal? Thanks, Mike
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