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Volvo XC90 Lease Questions

1547 messages,  Last post on Dec 04, 2009 at 4:23 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Volvo XC90, Car Leasing, SUV


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#1300 of 1547
Re: 08 and 09 XC90 November Lease Info [Car_man] by eights38
Jan 12, 2009 (6:17 am)
Reply

Replying to: Car_man (Jan 12, 2009 4:04 am)

All,
 
2009 Volvo XC90 3.2L AWD
36 Months - 12,000 Miles per Year - 0.00250 Money Factor - 36% Residual
39 Months - 12,000 Miles per Year - 0.00250 Money Factor - 34% Residual
42 Months - 12,000 Miles per Year - 0.00250 Money Factor - 32% Residual
48 Months - 12,000 Miles per Year - 0.00250 Money Factor - 28% Residual
51 Months - 12,000 Miles per Year - 0.00250 Money Factor - 27% Residual
* Subtract 1% from Residual for 15,000 Miles per Year. 10,000 Miles per Year Not Available.
 
Best,
Matt
eights38gmail.com
#1301 of 1547
Trade-in questions by pangilinan09
Jan 12, 2009 (3:12 pm)
Reply
Hi Folks,
   I am currently leasing a 2007 XC90 and my lease expired this month. I am 10k miles over my leasing aggrements mileage and looking to lease a V70 2008 fwd msrp $33 685. I want to reduce the monthly payment and would like not to have any cash outlay. Any information would be appreciated.
#1302 of 1547
Re: 08 and 09 XC90 November Lease Info [Car_man] by speck37
Jan 13, 2009 (8:41 am)
Reply

Replying to: Car_man (Jan 03, 2009 2:54 pm)

Hi Car man - you had mentioned a new program for the Volvo XC90 for January. Is there a new program? Is the program you had outlined (the one with major cash incentives) still active? Thanks so much for the great info.
#1303 of 1547
Re: Trade-in questions [pangilinan09] by volvomax
Jan 13, 2009 (10:21 am)
Reply

Replying to: pangilinan09 (Jan 12, 2009 3:12 pm)

2008's can't be leased anymore.
Even when they could, the V70 didn't lease well as Volvo didn't support the car.
You are better off looking at another XC90, although lowering your payment is going to be very very difficult.
#1304 of 1547
Re: Trade-in questions [volvomax] by pangilinan09
Jan 14, 2009 (6:07 pm)
Reply

Replying to: volvomax (Jan 13, 2009 10:21 am)

Carman,
Do you think it would be in my best interest to buy out my current XC90 and will my payments be less?
#1305 of 1547
XC90 Lease numbers by tpcleary
Jan 21, 2009 (11:04 am)
Reply
Just went to a dealership in NJ and looked at a 2009 XC90 3.2 AWD. Premium Package and Climate Package. 5 - passenger.
Factory to dealer incentive. $1500
Volvo Lease support. $5000
 
MSRP: $41795.00
price: $32918.00 (with dealer incentive and lease support)
Miles: 15000
Term: 36 Months
Residual: .37
Adj Residual: $16354 (on sheet. doesn't add up to 37% of MSRP)
MF: .00240
AQ Fee: $995.00
Govt Fees: $500.87
Taxes: $1541.05
Doc Fee: $199.00
Security: $0
 
Due at signing: $3814.28 (Taxes + Govt fees + Aquisition Fee + Doc Fee + first Payment).
 
monthly payment: $578.36
 
Salesman said they could move a little bit on the price to lower the payment. hundreds not thousands. We are just shopping around at this point but since he printed out the exact terms for me I figured I could post it here and see how the deal stacked up. Any input would be appreciated.
 
Thanks, Tom.
#1306 of 1547
XC90 Lease 36 month E.D? (European Delivery) by GeeSlimmy
Jan 24, 2009 (9:18 pm)
Reply
I am currently leasing a Nissan Xterra Suv 2006 that will expire in 120 days and I have been talking to three volvo dealerships in Los Angeles that do European Delivery. Recently, I was quoted a very high rate and told that Standard Rates must be used: (Here's the message below from one dealer)
--------------------------------------------------------------------------------- - - - - - -----------------------------------------
Hi Gary,
 
Worked up a 2009 lease on a base XC90 and your payments were 932.00!
This is because we must use standard rates, no lease discounts, etc
 
--------------------------------------------------------------------------------- - - - - - ---------------------------------------
 
Is there any way I can make this payment less per month without having to pay a very high down payment? And why are the rates so high with Volvo for E.D lease program? I thought this would be reasonable? My first expectations were $2000 walk off lot with a $400 dollar or less monthly fee for Base XC90 that would be in stock and not having to worry about the building the vehicle fees. I'm going to phone Volvo Customer Care and see if this Standard Rate is legit! It seems really high. I heard that the sales people do not make that much money off of E.D lease deals compared to selling or leasing a car off from there own lot and it seems like some of these dealers will try to sway you into buying or leasing a car off from there lot.
#1307 of 1547
Re: 08 and 09 XC90 November Lease Info [speck37] by Car_man HOST
Jan 27, 2009 (3:59 am)
Reply

Replying to: speck37 (Jan 13, 2009 8:41 am)

Hi speck37. Here are the details of the new January lease program for you. The following numbers are for 36 month leases with 15,000 miles per year:
 
XC90 5 Passenger 3.2 AWD: .00257 / 39%
XC90 7 Passenger 3.2 AWD: .00229 / 39%
XC90 5 Passenger 3.2 FWD: .00244 / 37%
XC90 7 Passenger 3.2 FWD: .00210 / 37%
Base XC90 3.2 FWD: .00022 / 35%
XC90 V8 AWD: .00139 / 38%
 
Volvo is currently providing a $1,500 cash incentive on leases of this model through Volvo Finance.
 
Volvo is providing a $5,000 cash incentive on leases of non-V8 models through independent banks and $8,250 on the V8,
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1308 of 1547
Re: XC90 Lease 36 month E.D? (European Delivery) [GeeSlimmy] by volvomax
Jan 27, 2009 (9:48 am)
Reply

Replying to: GeeSlimmy (Jan 24, 2009 9:18 pm)

The reason why the Volvo standard rates have to be used is because no outside lender will do a lease on a European Delivery car.
Also, since you are already getting the European Delivery discount on the car, the special rates that apply to the normal cars bought at the dealer do not apply either.
 
If you want to lease, take a car out of stock.
 
Overseas Delivery is a wonderful experience, we are one of the top OSD retailers in the country. But, it doesn't work unless you can pay cash.
99.9% of our OSD customers do just that.
#1309 of 1547
Re: XC90 Lease 36 month E.D? (European Delivery) [volvomax] by GeeSlimmy
Jan 29, 2009 (10:51 pm)
Reply

Replying to: volvomax (Jan 27, 2009 9:48 am)

Hi,
 
When you say "take a car out of stock". Do you mean have the car built for me? If this is what you mean then I know that this will cost twice as much for the drive off. I asked the dealers about getting a vehicle in stock to save myself around 3 grand. Basically the difference was from 2 grand to possibly 5 grand for drive off cost if I get the car built that's not in stock.
 
Also when you say, "But, it doesn't work unless you can pay cash." Do you mean it's better if I purchase the vechicle and do a 5 Year payment plan European Delivery instead of trying to do a 36 month lease European Delivery?

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