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Volvo XC90 Lease Questions

1549 messages,  Last post on Dec 05, 2009 at 9:37 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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#1414 of 1549
Re: Thanks Car-man! [tredvr6] by sgt1
Jul 10, 2009 (6:55 pm)
Reply

Replying to: tredvr6 (Jul 10, 2009 5:06 am)

I'm looking at a similar combination of packages - but I just went thru the Edmunds pricing and clicked on incentives and rebates - I'm not seeing the $3245 discount or the $1500 Volvo loyalty. Is that a regional thing that is based on your zipcode? The only one that showed up for me was the $500 allowance.
 
Have you gotten any prices yet from a dealer? If you get a quote for purchase versus lease, I hope you'll post it. I'm at $37000 (not including tax/tag) for AWD, 3.2, with prem,. versatility (so 7 passenger) and climate. I'm thinking that's not as good as it ought to be. Maybe my dealer has not already factored in the Volvo loyalty - I'll ask and let him know I assume he hasn't.
 
Thanks.
#1415 of 1549
Re: Thanks Car-man! [sgt1] by tredvr6
Jul 12, 2009 (7:31 am)
Reply

Replying to: sgt1 (Jul 10, 2009 6:55 pm)

sgt1, i don't think the $3245 or the $1500 discounts are regional. I found it on the Volvo website. I'm not sure why Edmunds is not showing them....
 
http://www.volvocars.com/us/Documents/PDF/Volvo_Loyalty_Offers/09VOL_SummerSales- EventJUL_OnlinePDF_fin2.pdf
 
FYI, when determining invoice price on Edmunds you need to add the Premium and Versatility packages and then subtract the $3245. You'll find that the $3245 equals the MSRP on those packages. I believe Volvo is offering the Versatility (7 passenger) option for free due to the introduction of the XC60.
 
Hope this helps...
#1416 of 1549
Re: Thanks Car-man! [tredvr6] by sgt1
Jul 13, 2009 (7:45 pm)
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Replying to: tredvr6 (Jul 12, 2009 7:31 am)

This does help - thanks, tredvr6!
#1417 of 1549
Re: Thanks Car-man! [sgt1] by volvomax
Jul 14, 2009 (9:26 am)
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Replying to: sgt1 (Jul 10, 2009 6:55 pm)

The cars were all repriced in April,so that $3245 reflects the new lower MSRP.
A someone pointed out, the Premium and Versatility packages are now free.
#1418 of 1549
Re: Thanks Car-man! [volvomax] by zamo
Jul 14, 2009 (9:57 am)
Reply

Replying to: volvomax (Jul 14, 2009 9:26 am)

They were always free, for the dealer. It was never published though. How do you think they leased so well in the past?
#1419 of 1549
2008 XC90 Lease Buy-out by binsky33
Jul 14, 2009 (10:18 am)
Reply
Hi All,
 
Way back at Message #837 I did a 2 year lease for an 2008 XC90. I am in the last 90 days of the lease. I want to keep the car and only have 18k on the odometer.
 
The lease is through Volvo Finance. The original buy-out is $30,373. I believe I need to go through a dealer not directly with Volvo finance.
 
I have seen offers in the past for nearly $5,000 below the original buy-out.
 
Is this still the case or has the residual market changed?
 
I also would like to convert to a CPO (Cert pre-owned) car with Volvo. Does this cost extra too or part of the deal of closing out the lease?
 
Does it pay to try different Volvo dealers to get a better deal?
 
Any suggestions are appreciated.
#1420 of 1549
Re: Thanks Car-man! [zamo] by volvomax
Jul 14, 2009 (1:04 pm)
Reply

Replying to: zamo (Jul 14, 2009 9:57 am)

Actually, the XC90 went a couple of years without any real incentives.
Car came out in 03,and it wasn't until 06 that Volvo had to get creative.
#1421 of 1549
Re: 2008 XC90 Lease Buy-out [binsky33] by volvomax
Jul 14, 2009 (1:09 pm)
Reply

Replying to: binsky33 (Jul 14, 2009 10:18 am)

Yes, you will have to go through a dealer. VFNA sets the number,not the dealer. So, going to a bunch of dealers is pointless. CPO costs extra. Partly it will depend on what the car needs to pass the inspection. Dealer won't just rubber stamp it.
Prices have been going up at auctions all over the country,So I don't know that you will see a $5000 price adjustment. Should be able to get a couple grand,plus the cost of CPO.
#1422 of 1549
Re: 2008 XC90 Lease Buy-out [volvomax] by zamo
Jul 14, 2009 (2:46 pm)
Reply

Replying to: volvomax (Jul 14, 2009 1:09 pm)

Any idea why prices have gone up on auctions? I spotted a 2 year old S80 with sport package and 18K miles for $19K 2 months ago, now they are not even going bellow $22K. Is there a higher demand of used cars lately?
#1423 of 1549
Re: 2008 XC90 Lease Buy-out [zamo] by volvomax
Jul 15, 2009 (7:40 am)
Reply

Replying to: zamo (Jul 14, 2009 2:46 pm)

Just like a stock, the cars value was oversold. It just got too cheap too fast.
Market is correcting itself now. Generally speaking during recessionary times used car sales go up. People who need cars are less comfortable spending NC money. With Volvo's(and other lux brands) CPO program buying used can be very beneficial.

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