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Volvo XC90 Lease Questions

1548 messages,  Last post on Dec 05, 2009 at 2:13 PM

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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#1319 of 1548
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 1548
Re: $499 Lease Buyout Dealer Fee... is this legit??? [qbrozen] by flufjet
Feb 11, 2009 (3:35 pm)
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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 1548
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 1548
Feb 09 lease numbers???? by zombieman
Feb 11, 2009 (4:27 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!!!
#1323 of 1548
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 1548
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 1548
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 1548
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.
#1327 of 1548
VC 90 by swagner5
Feb 17, 2009 (12:52 pm)
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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.
#1328 of 1548
Re: VC 90 [swagner5] by fluid15
Feb 17, 2009 (3:08 pm)
Reply

Replying to: swagner5 (Feb 17, 2009 12:52 pm)

A few questions about your deal:
 
1) Is the $475 the complete monthly payment ("out the door") or do you still need to add tax?
2) Does the $3800 include First/Last month payment, Security Deposit, Registration, etc?
 
If $475 is the total payment and there is no "Cap Cost Reduction" in your downpayment then i would say it's ok.

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