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Prices Paid: Buying & Leasing Experiences Volvo XC90 Lease Questions
1549 messages, Last post on Dec 05, 2009 at 9:37 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Petemichaels (Nov 25, 2008 3:54 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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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. $46,595.00 MSRP $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 13,750.00 Discounts ________ 29,358.00 Lease Sale price $11,935 - residual .00248 - money factor - US Bank 15,000 miles/year $2,000 down 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.
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Replying to: lmarti (Dec 16, 2008 7:39 pm) 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.
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Replying to: zamo (Dec 16, 2008 7:48 pm) 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. |
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Carman, 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. Thanks!
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i am leasing a 2007 xc 90 awd, v6, leather, 3rd row, moonroof in philadelphia area. 19,000 miles. 24 month lease expires in march 09 and buyout price per lease is 30,328. dealer said he would sell it to me this month for 25,000. good deal or can i get better buyout price?
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my lease on my 06 XC 90 end next week and thinking about buying it 06 XC90 AWD V6 , vers package DVD, premium package, met paint, Convenience package, climate package..46K miles on it US bank has adjusted the buyout to 19,500 but im not sure that's even a good deal also just had the vehicle inspected for the lease expiration and they are trying to ding me 250 for Maintenance light and 200 for slight ding to the rim..
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Replying to: Car_man (Nov 12, 2008 6:35 pm) 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% Hello Carman, Saw that you posted these rates on Nov 12, 2008. I was wondering if these numbers are still good. Furthermore, is the 0.00004 MF on the Base XC90 3.2 real or a typo? That translates to 0.1% financing, seems almost too good to be true. Look forward to your input and thanks in advance. ucbsupafly |
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Lease 12/28/2008 US Bank I thought this was too good to pass up and jumped on it!!! METALLIC PAINT $494.00 EXECUTIVE PKG $3,332.00 CONVENIENCE PKG $2,162.00 CLIMATE PKG $634.00 (BLIS) $653.00 $695.00 DUAL-SCREEN REAR SEAT ENTERTAINMENT SYSTEM $1,692.00 MSRP $59,220.00 Gross Cap Cost $38,772 Aquisition fee $695 Total Due $6,000 48 Monthly $540 Residual Value $14,612
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