Last post on Dec 06, 2013 at 9:06 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Volvo XC90, Car Leasing, SUV
#1273 of 1659 Re: Lease Buy-Out Negotiation? - 2006 XC90 V8 [flufjet]
Dec 11, 2008 (8:31 pm)
To answer some questions...
1- Leasing is better on '09 models. Loyalty+Gift card+Costco applies to 08 and 09 models.
2- I would suggest anyone who is thinking about buying/financing an 09 XC90 to lease it first then buy it. There is so much alternative leasing money that works out alot better than financing it.
3- If your lease is with Volvo Finance and you are looking to buy your current lease vehicle, you need to go to your dealership to buy the vehicle. Volvo Finance.does not allow customers to buy their vehicles thru them. Fifth Third and US bank is another story.
4- Above applies to Southeastern market as I do not have the information for the other markets.
Hope this helps
#1274 of 1659 Re: Volvo XC90 V8 Leasing [volvomax]
Dec 12, 2008 (1:41 pm)
Thank you! Would you be able to recap the current lease deals being offered for both the 2008 and 2009 XC90 3.2 AWD? I'm interested in 36 months/15k per year. I live in NY. Thanks very much!
#1275 of 1659 Re: Volvo XC90 V8 Leasing [crestonave]
Dec 13, 2008 (8:20 pm)
I won't be able to help you on that since we do not have AWD vehicles around in South Florida. 39/15K miles with loyalty and Costco with 2,000 out of pocket if you can get them anywhere near close 430 tax inc or around there. It would be a very good deal on a FWD 3.2. Just to give you an idea.
#1276 of 1659 Re: 2009 XC 90 3.2A AWD 7 passenger [rameshr]
Dec 15, 2008 (3:53 pm)
You're very welcome, Joy. I'm glad that everything worked out well for you. Enjoy your new ride and make sure to stop by the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others.
Prices Paid: Buying & Leasing Experiences Forum
#1277 of 1659 Re: XC-90 2009 [Petemichaels]
Dec 15, 2008 (4:21 pm)
Hi Mike. Is the lease that you described on a 2009 or a 2008 model? A $9,500 discount is substantial for an '09 model, but a 31% residual value and an $895 acquisition fee are pretty bad. I guess that's just the price that one has to pay to lease an XC90 right now.
Prices Paid: Buying & Leasing Experiences Forum
#1278 of 1659 Is this a good deal?
Dec 16, 2008 (7:39 pm)
I've never leased and never planned on doing so, but was presented with some pretty good numbers (i think). I've been doing some research but since I've never done a lease before was hoping for some guidance.
2008 XC90 SE AWD – premium, versatility, climate, retractable mirrors, rear park assist, BLISS, Met. Paint, and 18” Camulus alloy wheels.
$43,108.00 Dealer Invoice
4,000.00 retail market discount
750.00 holiday bonus
2,000.00 owner loyalty discount
6,000.00 lease assistance
1,000.00 Costco discount
13,750.00 Total Discounts
43,108.00 Dealer Invoice
29,358.00 Lease Sale price
$11,935 - residual
.00248 - money factor - US Bank
Monthly payment - $492.58 / 48 months
Any ideas on wehre I can negotiate some more? The residual seems pretty high but, again, I'm clueless here.
#1279 of 1659 Re: Is this a good deal? [lmarti]
Dec 16, 2008 (7:48 pm)
Wow, look at all those discounts.
I wish I had the Camulus wheels; I wanted them, but it was either that or the Active Bi-Xenons (dealer couldn't swap rims for me).
Anyways, what is the term of the lease (months)? Based on the residual, it seems to be a 48-month term
Is it $2,000 down or $2,000 down total out of pocket?
The payment looks ok. I guess the low residual is whats killing the deal a bit, but again, based on the current market conditions, that might be something that wont be able to be negotiated.
#1280 of 1659 Re: Is this a good deal? [zamo]
Dec 16, 2008 (7:55 pm)
Forgot that detail..... lease is for 48 months.
I'm actually looking at keeping a car for the long haul and hence why I never considered leasing, but the residual value seems like it could be an attractive number at lease end (??). I'm just so lost right now.
Is it possible to negotiate the residual??
I need clarification on whether the money down is to cover expenses or just to bring the price down. good question.
#1282 of 1659 Dealer Cash on 2008 V8 models
Dec 20, 2008 (6:00 pm)
Can you recap the current dealer cash available on 2008 V8 XC90's. We are looking at a V8 with Nav, Convenience, climate, bi-xenon lights, MSRP $53962, residual $14030 and MF .00257 on an alternate bank (US Bank) 48 month lease. Dealer quoting $525+tax on monthly lease payments with $6250 driveoff ($2750 loyalty rebates/gift card + $3500 from tradein, with balance cashed out - trade amount still TBA). At first glance, this seems a little high, but wanted you to weigh in.