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Volvo XC90 Lease Questions

1650 messages,  Last post on Apr 13, 2013 at 11:29 AM

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

Messages Page 132 of 166

#1306 of 1650 XC90 Lease 36 month E.D? (European Delivery) by GeeSlimmy

Jan 24, 2009 (10:18 pm)

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 1650 Re: 08 and 09 XC90 November Lease Info [speck37] by Car_man HOST

Jan 27, 2009 (4:59 am)

Replying to: speck37 (Jan 13, 2009 9:41 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 1650 Re: XC90 Lease 36 month E.D? (European Delivery) [GeeSlimmy] by volvomax

Jan 27, 2009 (10:48 am)

Replying to: GeeSlimmy (Jan 24, 2009 10:18 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 1650 Re: XC90 Lease 36 month E.D? (European Delivery) [volvomax] by GeeSlimmy

Jan 29, 2009 (11:51 pm)

Replying to: volvomax (Jan 27, 2009 10:48 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?

#1310 of 1650 Re: XC90 Lease 36 month E.D? (European Delivery) [GeeSlimmy] by volvomax

Jan 30, 2009 (4:38 pm)

Replying to: GeeSlimmy (Jan 29, 2009 11:51 pm)
I am saying that you CANNOT lease a car via the European Delivery program UNLESS you use the standard VFNA rates.
No bank or lease co will finance ot lease a European Delivery car.
 
If you are leasing, take a car that is already at the dealership.
If you can pay cash for a car, take the European Delivery option.

#1311 of 1650 XC90 3.2AWD Lease Rates and Incentives by sluurrpee

Jan 30, 2009 (6:17 pm)

Volvomax - Do you think that Volvo will increase the incentives to lease through independent banks at the beginning of Feb? Even with the current incentives and dealer discounts the residual and MF are not good enough to make the XC90 an attractive lease. Any insight is appreciated.
 
What selling price should I be able to negotiate on a 2009 XC90 3.2 AWD before the incentives? Invoice less xxxx? Invoice + xxxx?
 
Anyone know if Volvo will partner with Costco again soon on this as well?
 
Thanks to all!

#1312 of 1650 Re: XC90 3.2AWD Lease Rates and Incentives [sluurrpee] by volvomax

Jan 31, 2009 (9:01 am)

Replying to: sluurrpee (Jan 30, 2009 6:17 pm)
We don't know what the new programs will be.
 
The residuals and MF's are real world numbers. The days of really cheap leases are over I'm afraid.
 
Right now, there are no plans for another costco deal anytime soon.
If there is going to be another one, it won't happen until summertime.

#1313 of 1650 XC90 Lease Price by elonlaura

Feb 04, 2009 (10:18 pm)

Hello,
I'm selling my 06 Audi Avant to make room for my growing family. I've decided to lease an XC90 because I don't want to commit long term to a non-hybrid SUV. I want leather, heated seats, and a third row. I don't care about the rest. Here's the deal I've been offered (not impressed, especially because it's for 48 not 36 months):
2009 XC90 LEASE SPECIAL
> 3 years / 36000 miles free maintenance
> All Wheel Drive
> Metallic paint
> Climate
> Premium
> Versatility
> Hands free Bluetooth
> Wood steering wheel
> Retail price $ 44895.00
> 48 months lease, 12000 miles per year for $539.63 per months.
> $2500.00 cap cost (includes first month payment & owner loyalty) plus applicable taxes and tag fee. Residual value at the end $13468.00.
 
Please give me your feedback. I'm new to SUVs and new to leasing. I have a new baby, so I don't want to waste a lot of time negotiating, but I want the best deal.
Thanks so much!

#1314 of 1650 2/09 lease rates by tim916

Feb 06, 2009 (12:40 pm)

Car man,
 
Do have the lease terms for February on the XC90? Thanks.
 
Tim

#1315 of 1650 Re: XC90 Lease Price [elonlaura] by zamo

Feb 06, 2009 (12:51 pm)

Replying to: elonlaura (Feb 04, 2009 10:18 pm)
Residuals have tanked dramatically on SUVs, so I might say that your deal is fair.
 
$13468.00 residual is just horrible. I will be buying this one 4 years from now.

Messages Page 132 of 166

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