- #348 of 1164
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Re: Is this a good lease deal in NJ? [speedfish]
by 23109vc
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Dec 17, 2006 (3:13 pm)
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Replying to: speedfish (Dec 17, 2006 6:59 am)
i went to the local volvo dealer today to check out an XC90.
they had one I liked. Nice white V8 with light leather. it had a few options, but not too much.
MSRP was $50,400.
I asked the guy to run numbers on a 24 month lease with $2000 out of pocket. That would be just to cover inception fees.
he ends up coming back wih the actual selling price being $50,400..so he acted as if I'd buy it AT MSRP.
the MF was .00117.
24 months. 10,500/year.
the monthly payment came out to like $715.
I told the guy that was insane...I told him I'd been on "inside line" and seen cheaper deals, and that I'd never seen ANYONE actually pay MSRP on al ease... he said he'd never heard of inside line, said all the numbers were "from volvo..we can't deviate".
he tried to tell me that the deals I'd seen on inside line msut have been from some othe state and the deals would vary greatly state to state and dealer to dealer.
anyway... is this highway robbery or waht? $715/month..and that was BEFORE taxes...
I was expecting that a $50,400 MSRP XC90, with about $2000 total payment to drive off..would net me somewhee in the mid 500s....
someone educate me...
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- #349 of 1164
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Re: Is this a good lease deal in NJ? [23109vc]
by njsteve1
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Dec 17, 2006 (5:31 pm)
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Replying to: 23109vc (Dec 17, 2006 3:13 pm)
I think you're getting a bad story. I've been looking at a XC 90 (3.2) well equippted, MSRP over $48,000, invoice price of over $44,000 and a selling price of around $41,000 - about $7000 off of MSRP.
I used the Edmund site to request multiple quotes in central/northern NJ. One came back at MSRP, 3 significantly less. As I emailed back and forth between the dealers, ended up with the deal quoted above. BTW, lease with about $2000 down to cover inception fees was $450 + tax per month.
Good luck.
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- #350 of 1164
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Re: Is this a good lease deal in NJ? [njsteve1]
by 23109vc
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Dec 17, 2006 (8:40 pm)
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Replying to: njsteve1 (Dec 17, 2006 5:31 pm)
that's exactly what I was thinking...
the salesguy was a moron. I told him I was leaning toward a V8 b/c the 3.2 would not have enough power. the salesguy told me not to worry because it was turbocharged... I asked him if he was sure the 3.2 had a turbo and he again said yes. I told him I knew it wasn't and he looks at the window sticker and then tells me how he got confused with the 2.4T...whatever...guy dind't even know his product...
I figured a car that had an MSRP around 50k should be at or near $500/month if I put down about $2000 to cover the basic fees.
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- #351 of 1164
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xc90
by 23109vc
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Dec 17, 2006 (8:41 pm)
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what do you mean you used the edmunds site to get quotes? you told them you KNEW about edmunds... or you somehow obtained quotes via this website?
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- #352 of 1164
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Re: xc90 [23109vc]
by qbrozen
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Dec 18, 2006 (9:00 am)
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Replying to: 23109vc (Dec 17, 2006 8:41 pm)
you get quotes through edmunds. Look at the top of this page you are reading right now and you'll see a link under the topic heading and to the left of the consumer rating that says, "get a quote on a volvo XC90."
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- #353 of 1164
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Re: Current December Terms in Northeast [yingxiong]
by Car_man HOST
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Dec 22, 2006 (10:50 am)
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Replying to: yingxiong (Dec 04, 2006 9:42 am)
Hi yingxiong. 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 .00071 and 68%, respectively. Unfortunately, I do not believe that the $1,000 lease loyalty cash that Volvo is currently providing on the 2007 XC90 is compatible with this special lease program.
Car_man
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Prices Paid Forum
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- #354 of 1164
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Re: Lease parameters [cscds]
by Car_man HOST
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Dec 22, 2006 (11:04 am)
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Replying to: cscds (Dec 04, 2006 11:25 am)
Hello Cynthia. Volvo Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2007 XC90 3.2 AWD 5-Passenger with 10,500 miles per year are .00064 and 71%, respectively. The numbers for an otherwise identical lease of a 2007 XC90 AWD 7-Passenger are .00071 and 71%, respectively. The acquisition fees and security deposits that you were quoted for these trucks are correct. The selling prices that you were quoted for these trucks look good to me, but you definitely should stop by the following discussion to see how much other community members have paid for similar vehicles lately: "Volvo XC90: Prices Paid & Buying Experience".
Car_man
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Prices Paid Forum
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- #355 of 1164
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Re: Overseas Delivery Leases??? [23109vc]
by Car_man HOST
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Dec 23, 2006 (11:36 am)
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Replying to: 23109vc (Dec 04, 2006 10:38 pm)
Hi 23109vc. The XC90 V8 is definitely going to be more expensive to lease than the 3.2. Exactly how much will depend upon how the models you want are equipped and what sort of price you negotiate on them. I would be happy to calculate exactly how much the trucks you are interested in would cost to lease through Volvo Finance if you provide me with their MSRPs and selling prices. For now, I can tell you how much base models of these trucks would cost to lease if you were to pay say, $500 over dealer invoice for them. According to my calculations, if you were to lease a base 2007 Volvo XC90 3.2 2WD with an MSRP of $36,830 and a selling price of $35,197 ($500 over invoice) through Volvo Finance right now for 36 months with 15,000 miles per year, its zero down, pre-tax monthly payment would be around $463. The payment for an otherwise identical lease of a base 2007 XC90 V8 with an MSRP of $47,120 and a selling price of $44,869 would be around $577. So this will give you an idea of how much more the V8 will cost to lease. Again, if you provide me with the exact MSRPs and selling prices of the trucks you want I can work up lease payments on them for you.
Car_man
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Prices Paid Forum
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- #356 of 1164
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Re: XC90 Deal [justmi1011]
by Car_man HOST
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Dec 23, 2006 (12:16 pm)
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Replying to: justmi1011 (Dec 08, 2006 12:41 pm)
Hello justmi1011. This selling price is well below dealer invoice, which is a very good deal. The lease payment looks very attractive as well. If you like this truck, I don't see any problem with pulling the trigger on this deal.
Car_man
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Prices Paid Forum
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- #357 of 1164
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Re: NJ info request [njsteve1]
by Car_man HOST
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Dec 23, 2006 (12:25 pm)
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Replying to: njsteve1 (Dec 10, 2006 7:35 am)
Greetings Steve. This vehicle's lease program varies depending upon the exact trim level that you want. For now I will provide you with information on what the numbers are like for the 2007 XC90 3.2T AWD 7 passenger model is like. Let me know if you want something else. Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2007 XC90 3.2T AWD 7 passenger with 10,500 miles per year are .00139 and 61%, respectively. The acquisition fee that you were quoted for a lease through Volvo Finance is too high. Its base acquisition fee is currently only $595. Dealers often try to mark this fee up to add additional hidden profit to deals. Make sure that you don't pay more than $595. Let me know if you have any other questions.
Car_man
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Prices Paid Forum
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