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Volvo XC90 Lease Questions

1503 messages,  Last post on Nov 01, 2009 at 10:13 AM

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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#1420 of 1503
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 1503
Re: 2008 XC90 Lease Buy-out [binsky33] by volvomax
Jul 14, 2009 (1:09 pm)
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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 1503
Re: 2008 XC90 Lease Buy-out [volvomax] by zamo
Jul 14, 2009 (2:46 pm)
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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 1503
Re: 2008 XC90 Lease Buy-out [zamo] by volvomax
Jul 15, 2009 (7:40 am)
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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.
#1424 of 1503
Current Incentives by fyddych
Jul 15, 2009 (1:55 pm)
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Others have posted about this, but I haven't seen anyone respond with a definitive answer. What are the current incentives offered by Volvo on the 2009 XC90. I've seen these :
 
$3750 Dealer Incentive (is this for 5 pass. only? or both 5 and 7 pass.?)
$5000 Lease incentive for outside financing
$1500 Volvo Loyalty
$1500 NEA discount
 
Any other incentives available? Are these incentives stackable? Does this mean that you can lease a car, be a prior customer, and a teacher, and start negotiations with $11,750 lopped off immediately?
 
Thanks for some real clarification.
#1425 of 1503
Re: Current Incentives [fyddych] by dpeck1
Jul 16, 2009 (11:15 am)
Reply

Replying to: fyddych (Jul 15, 2009 1:55 pm)

Don't forget about the discout off of msrp, which could be another 4,000.
#1426 of 1503
Re: 2008 XC90 Lease Buy-out [volvomax] by bogusbogus32
Jul 17, 2009 (6:24 am)
Reply

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

When you say price adjustment, do you mean that VFNA will negotiate on the residual value? I was told that they have a insurance policy that protects them if the car sells at auction for less than the residual. In other words, VFNA doesn't have any incentive to negotiate the buy out. Any thoughts are greatly appreciated!
#1427 of 1503
Why? by crestonave
Jul 17, 2009 (10:30 am)
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Does Edmunds show the 3.2 version listed twice in it's new car pricing section, with two very different prices for the same equipment depending on which line item you select? Is one the five passenger, and one the seven passenger?
 
Also, does the "what others are paying" price include the incentives which are shown under the "view" screen?
 
Thanks. Confusing.
#1428 of 1503
3 year residual, Money Factor & Bank by naut_online
Jul 17, 2009 (11:11 am)
Reply
OK, I'm looking at a 2009 XC90 R-Design (love the uniqueness) MSRP = $46,033
My local dealer is telling me a few things that I would like verification on…
1) The 3 Yr. residual is only 34%
2) US Bank is the only bank leasing Volvos
3) The best money factor I can get with a 750+ credit score is .00230
Is this all true, is it really that bad??? I can’t believe that they feel this vehicle will only be worth $15,651 in 3 years.
#1429 of 1503
Out of 2009s by crestonave
Jul 17, 2009 (3:57 pm)
Reply
Just found out tonight that my local guy is out of 2009s. Has the 2010 in stock but no info on programs until August. As far as he knows the scheduled maint that's included will be for 30k miles, no wear and tear, standard 4 year warranty.

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