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Prices Paid: Buying & Leasing Experiences 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
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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! |
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Replying to: flufjet (Feb 11, 2009 2:26 am)
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Replying to: qbrozen (Feb 11, 2009 8:12 am) 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).
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Replying to: flufjet (Feb 11, 2009 3:35 pm)
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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!!!
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Replying to: mroctober (Feb 11, 2009 4:17 pm) 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.
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Replying to: volvomax (Feb 12, 2009 6:52 am) 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.
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Replying to: flufjet (Feb 11, 2009 2:26 am) 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! |
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Replying to: flufjet (Feb 12, 2009 7:50 am) 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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Any thoughts on the following lease deal? $475 ,monthly lease on a VC90 with $3800 down (includes bank fee), 36 month lease, 15k miles. Features: navigation, premium seating, climate. Just came to me and was hoping for a quick reaction. Thanks for the help.
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