- #1372 of 1546
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Re: Lease offer - can I do better? [jkloss]
by radoncgs
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Apr 08, 2009 (8:47 am)
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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.
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- #1373 of 1546
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Re: Lease offer - can I do better? [jkloss]
by crestonave
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Apr 08, 2009 (9:13 am)
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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.
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- #1374 of 1546
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Re: Lease offer - can I do better? [crestonave]
by jkloss
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Apr 08, 2009 (1:39 pm)
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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+
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- #1375 of 1546
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Re: Lease offer - can I do better? [jkloss]
by crestonave
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Apr 09, 2009 (6:58 am)
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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.
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- #1376 of 1546
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Re: Lease offer - can I do better? [crestonave]
by jkloss
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Apr 09, 2009 (7:14 am)
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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.
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- #1377 of 1546
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Re: Car Man - Is this a good deal? [nikjreece]
by Car_man HOST
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Apr 16, 2009 (2:17 am)
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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
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- #1378 of 1546
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Re: Residual on 2009 XC 90 [macsrul]
by Car_man HOST
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Apr 16, 2009 (2:19 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
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- #1379 of 1546
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Re: Car Man - Is this a good deal? [Car_man]
by crestonave
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Apr 16, 2009 (2:31 am)
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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.
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- #1380 of 1546
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Re: Residual on 2009 XC 90 [Car_man]
by stockwatch
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Apr 16, 2009 (12:51 pm)
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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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- #1381 of 1546
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Re: Residual on 2009 XC 90 [stockwatch]
by stockwatch
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Apr 17, 2009 (9:52 am)
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Replying to: stockwatch (Apr 16, 2009 12:51 pm)
Car_man:
Do you have MF and residual value for a 36 month lease with 15,000 miles for a 2009 3.2 AWD?
Base price 37000.00
premium 00.00
versatility 00.00
climate 675.00
all wheel drive 1850.00
freight 825.00
blind spot 695.00
msrp 41045.00
Sale price $32175.00 plus $825.00 park assist = $33000.00
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