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Volvo XC90 Lease Questions

1537 messages,  Last post on Dec 01, 2009 at 2:57 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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#1371 of 1537
Re: Lease offer - can I do better? [crestonave] by jkloss
Apr 08, 2009 (8:05 am)
Reply

Replying to: crestonave (Apr 07, 2009 3:00 am)

Just got a quote on a 09 XC 90 AWD V8 R
 
36 Months - will not due shorter
120000 miles - will not due less miles
Residual - 35%
Money Factor - 0.00257 (6.2%)
 
With the "X" plan the monthly came to $972
 
This is with $9200 worth of incentives. My current lease is on a 07 AWD V8 Sport with monthly of $547 and $578 with taxes - nothing down except first month - 24 month lease and 10500 miles per year. Just proves that the bottom has fallen out of the SUV lease market. My buyout of the lease is $37K but the car is on worth $25K on the market - Volvo just lost $12K.
#1372 of 1537
Re: Lease offer - can I do better? [jkloss] by radoncgs
Apr 08, 2009 (8:47 am)
Reply

Replying to: jkloss (Apr 08, 2009 8:05 am)

Hi, wondering what is the MSRP of the 09 V8 R? I am also in a 24 month lease program of a 07 V8 sport.and I am paying $600 per month and it is ending in June 09. I am also considering either 09 V8 R or 08 V8 sport if I can still find one available.
#1373 of 1537
Re: Lease offer - can I do better? [jkloss] by crestonave
Apr 08, 2009 (9:13 am)
Reply

Replying to: jkloss (Apr 08, 2009 8:05 am)

Jkloss:
 
Do you really mean $972 a month? They will not do a lease for 24 months or for less than 12k a year?
 
They were just advertising $499 a month for the 3.2.
 
That's insanity.
#1374 of 1537
Re: Lease offer - can I do better? [crestonave] by jkloss
Apr 08, 2009 (1:39 pm)
Reply

Replying to: crestonave (Apr 08, 2009 9:13 am)

The list of the car was about $53K and that was with the new pricing.
This was with $0 down on a V8 AWD R. - they may due less months but with a residual of 35% on 36 months and a MF well over 6% - you are right at $970+
#1375 of 1537
Re: Lease offer - can I do better? [jkloss] by crestonave
Apr 09, 2009 (6:58 am)
Reply

Replying to: jkloss (Apr 08, 2009 1:39 pm)

That's absolute insanity. You could probably get close to two of a lot of comparable cars for that payment.
#1376 of 1537
Re: Lease offer - can I do better? [crestonave] by jkloss
Apr 09, 2009 (7:14 am)
Reply

Replying to: crestonave (Apr 09, 2009 6:58 am)

Oh yeah - may three or small fords. But on the last two years we beat the market or shall we say Volvo lost on the suv. Car is worth about $22-23K on trade and the residual is $38K. If you purshased the car on a 60 loan you spent with payments and down payment approx. $29k over 24 months and you still owe $27K for a car that is worth 24K max. At that time the 2007 lease made sense but we probably did not know that at that time.
#1377 of 1537
Re: Car Man - Is this a good deal? [nikjreece] by Car_man HOST
Apr 16, 2009 (2:17 am)
Reply

Replying to: nikjreece (Mar 25, 2009 4:53 am)

Hi nikjreece. $8,500 below dealer invoice and the use of a .00240 money factor to calculate your XC90's payment is indeed a very good deal for this model right now. Of course, one can debate whether this vehicle is worth $650 per month (in my opinion it's not) but this is probably about as good as it is going to get for this lease.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1378 of 1537
Re: Residual on 2009 XC 90 [macsrul] by Car_man HOST
Apr 16, 2009 (2:19 am)
Reply

Replying to: macsrul (Mar 25, 2009 6:27 pm)

Hi Bob. Here's the information that you're looking for. Volvo Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2009 XC90 V8 with 15,000 miles per year are .00146 and 48%, respectively. The numbers for an otherwise identical 36 month lease are .00200 and 41%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1379 of 1537
Re: Car Man - Is this a good deal? [Car_man] by crestonave
Apr 16, 2009 (2:31 am)
Reply

Replying to: Car_man (Apr 16, 2009 2:17 am)

My wife likes the XC90 but I think for that payment you could drive a Mercedes GLK or Audi Q5. I want her to drive what she likes but I'm going to do my darndest to steer her away from the XC90.
#1380 of 1537
Re: Residual on 2009 XC 90 [Car_man] by stockwatch
Apr 16, 2009 (12:51 pm)
Reply

Replying to: Car_man (Apr 16, 2009 2:19 am)

Car_man:
 
Do you have MF and residual value for a 36 month lease with 15,000 miles for a 2009 3.2 AWD?

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