- #294 of 1257
-
Re: Recent Lease XC 90 [jmcavagnol]
by Car_man HOST
-
Nov 22, 2006 (5:35 am)
-
|
|
Replying to: jmcavagnol (Nov 06, 2006 12:31 pm)
Congratulations on your new ride, jmcavagnol. The main negative of leasing for only two years are that two year lease payments are usually higher than three and four year payments on equivalent vehicles. This is because new vehicles experience their highest rate of depreciation during the first year of ownership. Consumers who lease for longer terms, like two or three years, have a larger number of monthly payments to spread out this large initial depreciation hit out over than consumers who only lease for two years. Of course, there are exceptions to the shorter is more expensive rule. From time to time some manufacturers actually provide additional support on short leases to make them less expensive, but this is not the norm.
Also, when consumers lease new vehicles they have to pay an acquisition fee at signing. I believe that Volvo Finance currently charges a $595 fee. Consumers who lease for shorter terms do not get to ride their initial acquisition fee for as long as consumers who lease for longer terms do.
The bottom line is that there's nothing wrong with short leases, especially if you get bored with vehicles and want a new one every couple of years. Consumers who only lease for two years usually have to pay a little more than consumers who lease for longer terms though.
Car_man
Host
Prices Paid Forum
|
- #295 of 1257
-
Re: *** Hey Car_Man is this a Good Deal? *** [bschurr]
by Car_man HOST
-
Nov 22, 2006 (5:39 am)
-
|
|
Replying to: bschurr (Nov 06, 2006 5:48 pm)
Hi bschurr. You never mentioned the selling price of the XC90 that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to work up a sample lease payment on the car that you are interested in for you if you let me know what its selling price is.
For now I can tell you that the lease money factor and residual value that you were quoted for this model are right on the month. The acquisition fee that you were quoted is right, too. This is always a good sign because it means that the dealer that you are working with is being straightforward with you about this aspect of your deal.
Anyhow, let me know what this truck's selling price is I'll give a more detailed analysis of this deal.
Car_man
Host
Prices Paid Forum
|
- #296 of 1257
-
Re: Carman - General Timing Question [fletchedm]
by Car_man HOST
-
Nov 22, 2006 (5:42 am)
-
|
|
Replying to: fletchedm (Nov 09, 2006 7:14 am)
Hey Fletch. Volvo's current lease program is scheduled to run through the end of the year. It is difficult to say if it will make any unscheduled enhancement to its lease program for the XC90 in December or what its January program will be like at this point. Volvo dealers themselves probably don't even know what this truck's lease program will be like in the coming months. I can give you an idea of what this vehicle's current lease program is like if you want.
Car_man
Host
Prices Paid Forum
|
- #297 of 1257
-
Re: 2007 V6 model [zachman1]
by Car_man HOST
-
Nov 22, 2006 (5:48 am)
-
|
|
Replying to: zachman1 (Nov 13, 2006 11:36 am)
Hi zachman1. The lease program that you were quoted for this truck is right in line with Volvo Finance's current lease program for it. The selling price that you were quoted looks good, too. If you like the truck, I personally don't see any reason not the pull the trigger on this deal.
Car_man
Host
Prices Paid Forum
|
- #298 of 1257
-
Re: Good internet deal? [dmstrot]
by Car_man HOST
-
Nov 22, 2006 (5:51 am)
-
|
|
Replying to: dmstrot (Nov 16, 2006 8:19 am)
Hi there Debbie. Is $41,660 this vehicle's selling price or its MSRP. I really need to know what both numbers are to give you a detailed analysis of this deal. For now I can tell you that the money factor that you were quoted is a little on the high side. Volvo Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2007 XC90 3.2 AWD 7-Passenger with 15,000 miles per year are are .00071 and 68%, respectively. Make sure that the dealer you are working with uses this money factor to calculate your truck's monthly payment. If you provide me with all of the price data that I mentioned, I will give you a more detailed analysis of this deal.
Car_man
Host
Prices Paid Forum
|
- #299 of 1257
-
Car_Man--Thoughts on This Offer in CT?
by ctowner
-
Nov 22, 2006 (11:50 am)
-
|
Hi Car-Man. What do you think of this offer for a 2007 AWD XC90, w/prem., conv., climate and navigation, 36-month lease, 12k miles per year?
MSRP $46,240
Cap Cost $43,940
Residual .59
Money Factor .000134
Monthly Payment $638
ALSO--I'm running into problems finding a five-seater WITH navigation. I'd take the third row but don't want to pay extra. Do I just have to suck it up? Any word on Volvo's nav system? I really want to avoid buying one that's not built in.
THANK YOU.
|
- #300 of 1257
-
Overseas Delivery Leases???
by ranger82
-
Nov 22, 2006 (5:59 pm)
-
|
Hi Car_man,
New to your forum but find the discussion tremendously beneficial. I am in the market for a 2007 XC90 V8. Can you tell me if it is possible to construct a lease for the overseas delivery program. If so, can you please tell me the money factor and residual for both a 24/15k and 36/15k lease? Specifically I am interested in buying at the published military price posted on the Volvo website but was told today by a local dealer that the military price does not include the roundtrip airfare/hotel stay - is that true? (The same dealer also said it is impossible to lease with the OSD program). I searched the forum and didn't get any hits so perhaps this new discussion will generate some interest in others leasing with the OSD program.
Thanks in advance,
Ranger82
|
- #301 of 1257
-
Re: Overseas Delivery Leases??? [ranger82]
by volvomax
-
Nov 24, 2006 (9:31 am)
-
|
|
Replying to: ranger82 (Nov 22, 2006 5:59 pm)
Military sale doesn't include airfair. The Mil program stipulates that you be posted outside the US when the car is ordered.
Also, the reason for the difference in price between the Tourist and Mil programs is the customs duty. Some military personnel are required to pay that customs duty themselves, so you would have to look into it.
Finally, none of the special VFNA leases or incentives can be used w/ the OSD program.
You are probably better off taking the special 24 mo lease and buying the car directly from your dealer.
|
- #302 of 1257
-
Re: Car_Man--Thoughts on This Offer in CT? [ctowner]
by volvomax
-
Nov 24, 2006 (9:32 am)
-
|
|
Replying to: ctowner (Nov 22, 2006 11:50 am)
5 seat XC90's are rare period.
The Volvo Nav system can be installed by the dealer. It does cost more, but your only alternative would be a 7 seater w/ Nav.
|
- #303 of 1257
-
Re: Overseas Delivery Leases??? [volvomax]
by ranger82
-
Nov 24, 2006 (4:14 pm)
-
|
|
Replying to: volvomax (Nov 24, 2006 9:31 am)
Volvomax - Is there a reason Volvo doesn't make the caveats associated with the military pricing clear on their web site? Plus, I am aware that Volvo has two different programs - one for military stationed abroad (Volvo Cars International Sales and prices are much better than here!) and one for military serving in the US. I would assume the prices on the Volvo US website are for military serving in the US. I've spoken with 3 different dealers here in Atlanta and get a different answer each time. Is there someone at Volvo you can me to inorder to seek clarification? If I wanted to lease an XC90 V8 here, what is the money factor and residual Volvo is offering for 24/15K and 36/15k leases? Thanks!
|
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences 
