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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: daisyr (Dec 20, 2008 6:00 pm) For now, I can tell you that Volvo is currently providing an enormous $12,000 cash incentive on leases of the '08 XC90 V8 through independent banks. Add to this the $750 holiday bonus cash, $2,000 owner loyalty cash, and $1,000 Costco bonus cash (it makes it worth your while to join) and whatever dealer discount you are able to negotiate (you should be able to get close to dealer invoice) we're talking a very low selling price. I see that you are considering making a $3,500 capitalized cost reduction on your lease. It would be in your best interest not to use any of the proceeds from your trade as a cap cost reduction. Consumers who make large down payments on leases risk losing part or all of them if their vehicle is totaled in an accident. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: redtail1 (Dec 20, 2008 6:28 pm) Also, make sure to place a call directly to Volvo Finance, or whichever bank you are leasing your vehicle through. You may be able to negotiate a lower selling price directly through them than by involving the dealer. There's no guarantee that you'll be able to, but you don't have anything to lose by trying. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: ucbsupafly (Dec 25, 2008 4:39 pm) However, Volvo is scheduled to introduce a new program any day now. Please feel free to check back with me towards the end of the week and I should be able to provide you with an update on what its new January program is like. Talk to you then, Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Jan 03, 2009 2:54 pm) MSRP: $44,570 Cap Cost: $34,000 Total Drive Off: $2,500 36 months 15k miles/yr MF = .00222 Residual: 37% US Bank Lease What do you think? I didn't get the break down on the drive off but it includes bank fee ($695), DMV, etc. I'm mainly wondering if the residual and MF are correct and the best available? Car Man do you know the residuals, MF and cash incentives on the XC90 AWD V6 through US Bank? Thanks!
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Replying to: Car_man (Jan 03, 2009 2:38 pm) We did end up getting the car at invoice less all the dealer cash incentive ($13800) with a lease through Bank of the West. We also got the $750 giftcard and the $2000 loyalty cash (we own a V70XC). Residual is at 28% with MF of .00257. We did use $3500 from our tradein, and payments ended up at $505 + tax. This was done through Volvo of Marin in Northern California. We loved our salesmen. This is the 2nd car we've gotten through him. Very straightforward and no haggling. What do you think we could have done better, for future reference? Thanks!
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Replying to: Car_man (Jan 03, 2009 2:54 pm) need some advice - i am coming of my lease next month. my mercury mountaineer is a 2006 premier v8 awd, navigation, loaded. the lease was 3 yr 45k miles through an x plan in 2006. I had put 2k down paying about $442 month. while i had 45k mile lease, i only used 35k so if i lease again then i plan on doing 36k. i am looking to downsize both vehicle and cost. i do however want a car that can transport family - wife & 2 kids in cars seats. do not want a minivan. i have test drove the following mercury mariner ford escape and edge subaru b9 tribeca, outback and forrester nissan murano sl volvo XC90 honda pilot i have found that the x plan seems to get me nothing as cars are going for less than invoice - would you agree? i asked for a lease price on a ford escape and they gave me $480 month. i didn't even bother negotiating since i wasn't buying - though i was amazed at the rather large amount. fact is the residual is pretty low so monthly is high i didn't ask for a price on the subaru's but the salesman suggested that the residuals were pretty decent. my wife has an outback and i wouldn't be opposed to getting tribeca, outback or forrester. i test drove a 2009 xc90 today. msrp was 44,570, sale price was 37,000 and with 3,500 down i could pay $595 a month. residual was 41%. with nothing down it would be close to $700 month - ridiculous. i was initially drawn to the volvo dealership b/c of good looking prices on 2008 models - though they said effective in november you can't get a lease on a 2008. also the msrp on a stripped down xc90 was only $36k, but it seems like those don't exist. i have x plan type access to all the ford, lincoln, mercury, volvo, nissan, volkswagon, GM, but probably wont do much for me. I like my mountaineer. the paperwork indicates i could buy it at lease end next month for 18750 + 500 + tax. I wonder if i could offer the lease company some insane low price and they would sell it to me rather than taking it in. looking on edmunds, the trade in value seems to be around $13k. thoughts on doing this and how to approach this/what to offer? Long story short - my goal is to get some sort of suv/wagon etc. Ideally if i could pay $300-400 month with no money down that would be great. lease or buy. i don't necessarily need bells & whistles though that is how the cars on the lot seem to be. maybe i need to look at buying with a 60 month loan. live in MA thoughts? |
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Replying to: sluurrpee (Jan 08, 2009 6:37 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: daisyr (Jan 08, 2009 7:35 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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