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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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#1317 of 1547
Re: Lease Numbers [speck37] by osyabender1
Feb 10, 2009 (1:41 pm)
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Replying to: speck37 (Feb 10, 2009 7:44 am)

Congrats speck37!
Looks pretty good. Would you mind sharing the dealer contact info, as I'm in NYC and XC90 is one of my choices.
Thanks.
#1318 of 1547
$499 Lease Buyout Dealer Fee... is this legit??? by flufjet
Feb 11, 2009 (2:26 am)
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My 2006 XC90 V8 AWD is coming off lease this month. Volvo Finance has lowered the buyout (residual) from $31,600 to $23,000.
 
The local dealer says my out-the-door cost will be $23,000 plus tax and a dealer fee of $499.
 
I know that I have to pay tax... but what about this dealer fee? I could not find it anywhere on my original lease contract with Volvo Finance.
 
Is this fee legit or a negotiable item?
 
Thank you!
#1319 of 1547
Re: $499 Lease Buyout Dealer Fee... is this legit??? [flufjet] by qbrozen
Feb 11, 2009 (8:12 am)
Reply

Replying to: flufjet (Feb 11, 2009 2:26 am)

Well, who are you buying from? If you are using the dealer to negotiate the lease, then I guess they can charge you. If you deal with volvo Finance direct, however, you owe what the contract states.
#1320 of 1547
Re: $499 Lease Buyout Dealer Fee... is this legit??? [qbrozen] by flufjet
Feb 11, 2009 (3:35 pm)
Reply

Replying to: qbrozen (Feb 11, 2009 8:12 am)

Well I assume the lease buyout is from Volvo Finance...
 
FWIW, I called other Volvo dealers here in Georgia and apparently they all charge a dealer fee on a lease buyout. This fee is supposedly for doing all of the "paperwork" involved in the ownership transfer (yeah right).
#1321 of 1547
Re: $499 Lease Buyout Dealer Fee... is this legit??? [flufjet] by mroctober
Feb 11, 2009 (4:17 pm)
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Replying to: flufjet (Feb 11, 2009 3:35 pm)

If the dealer fee was not disclosed before hand, I don't see why you are obligated to pay them. How about paying Volvo Finance directly? When I was inquiring about lease-end with another car, I had the impression I could just pay the financing company directly, although I opted to return the car eventually.
#1322 of 1547
Feb 09 lease numbers???? by zombieman
Feb 11, 2009 (4:27 pm)
Reply
Car_man,
 
Can you please post the Volvo XC90 lease numbers for Feb 2009 and any known incentives?
 
I'm looking at a 2009 3.2 AWD with Climate, Convenience, Versatility, & Premium pkgs.
 
And want to know money factors and residuals on 36 month, & 48 month, 15K/yr mileage leases.
 
Thanks!!!
#1323 of 1547
Re: $499 Lease Buyout Dealer Fee... is this legit??? [mroctober] by volvomax
Feb 12, 2009 (6:52 am)
Reply

Replying to: mroctober (Feb 11, 2009 4:17 pm)

In most states Volvo Finance isn't set up to deal directly with the public, so the dealer has to do it.
There is nothing in this for the dealer, so you do have to pay for the dealers time.
Nobody wants to work for free. Especially these days.
If $500 is going to break you buying out your lease, don't buy the car. Return it and buy something else.
#1324 of 1547
Re: $499 Lease Buyout Dealer Fee... is this legit??? [volvomax] by flufjet
Feb 12, 2009 (7:50 am)
Reply

Replying to: volvomax (Feb 12, 2009 6:52 am)

If $500 is going to break you buying out your lease, don't buy the car. Return it and buy something else
 
Whether or not I can afford to pay $500 for the dealer fee is irrelevant. My only question was if this was a legitimate fee since it was not shown on ANY of my lease agreement contracts. Since it appears to be legitimate, I'll pay it.
 
Don't get me wrong, I want the dealers to make enough money to stay in business, but I'll be damned if it's going to be from "paint protection", pinstripe, and nonsense "market adjustment" schemes (or made-up dealer "fees").
 
Lastly, I don't appreciate the sneering tone of your reply.
#1325 of 1547
Re: $499 Lease Buyout Dealer Fee... is this legit??? [flufjet] by fantom
Feb 12, 2009 (7:51 am)
Reply

Replying to: flufjet (Feb 11, 2009 2:26 am)

I hope I get a buyout deal that lowers my residual $8,600 this December.
 
While everything is negotiable, I suspect the dealership will be firm, make some profit (not a bad word), and if you buy it, you'll get an unexpected great deal.
 
Enjoy!
#1326 of 1547
Re: $499 Lease Buyout Dealer Fee... is this legit??? [flufjet] by qbrozen
Feb 12, 2009 (12:59 pm)
Reply

Replying to: flufjet (Feb 12, 2009 7:50 am)

Lastly, I don't appreciate the sneering tone of your reply.
 
chill, dude. internet posts can't really have a "tone." I read vmax's reply as being very matter-of-factly. I don't believe any offense was intended.

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