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Volvo XC90 Lease Questions

1171 messages,  Last post on Sep 06, 2008 at 4:49 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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#374 of 1171
Re: Volvo XC90: Lease Questions [Car_man] by musgravefam
Jan 11, 2007 (9:47 am)
Reply

Replying to: Car_man (Aug 31, 2005 5:37 pm)

Hi all:
 
New to from as of today. I have a question about a lease on a 2007 XC90 3.2
 
It will have the Premium and Versatility packages. It will have the 19''Camulus Alloy Wheels. The Silver Metallic with the Sandstone Beige Leather.
 
I do not know much about leasing at all. We did lease a 01 Dodge Durango and sold it before e the lease up us and was upside down so we are not to sure to lease again.
 
We can afford a high payment but we do not want to. We want to get them as low as possible.
 
The terms the dealer in Tucson AZ gave me are:
Selling price before taxes ex. is $41,183
Lease will be fore 24mo. 12k a year
we will put down 12,500 (max by Volvo's 25%)
payments will be $184.00
residual will be $28,145
 
I know with the high down why not just buy but even with 12k down we still have a payment over 350. just wanted to see what you all thought. I have a appointment this Saturday the 13th to get it, but still not 100% sure we will get it.
 
Thanks in adv. for all the help.
 
Anthony
Peoria AZ
#375 of 1171
Re: Volvo XC90: Lease Questions [musgravefam] by bandemommy
Jan 12, 2007 (10:59 am)
Reply

Replying to: musgravefam (Jan 11, 2007 9:47 am)

I would not put that much down on a lease, ever. At the end of the 24 month period you still have to buy/lease a new car and that 12,000 is GONE. You would be better off leasing the car and putting the 12,000 in a money market and pulling from it monthly to cover your expenses above the $350 you would be comfortable paying. You can also look for a very gently used XC90 and put the 12k down on that, you won't worry about being upside down and you have a car you can drive for many years to come.
#376 of 1171
Re: JAN 07 Lease Rates [ranger82] by amcdad
Jan 27, 2007 (10:04 am)
Reply

Replying to: ranger82 (Jan 07, 2007 10:23 am)

Here are the rates I got from a dealer in CT recently for January:
 
Through Volvo Financing:
 
3.2 AWD, 24 months, 15K: 65% residual and .00087 money factor.
 
V8 AWD, 24 months, 15K: 68% residual and .00120 money factor
 
Through Chase:
 
3.2 AWD, 36 months, 15K: 48% residual, .00260 MF, $5500 rebate
 
V8 AWD, 39 months, 15K: 47% residual, .00260 MF, $6500 rebate
 
Hope that helps.
#377 of 1171
Lease Quote in Los Angeles by jco11
Jan 29, 2007 (3:21 pm)
Reply
CarMan, I need your advice:
I was recently quoted the following lease:
 
2007 XC90 3.2L FWD w/
Convenience Package
Versatility Package
Premium Package
18" Camulus Wheels
Rear Seat Entertainment
Wood Steering Wheel
 
MSRP $46,440
Capitalized Cost: $41,020
48 mos lease
$0 Capitalized Cost Reduction
$615/mo + tax
 
Does this sound like a good deal???
#378 of 1171
Help with lease quote please by mkar2
Jan 30, 2007 (10:07 pm)
Reply
Still confused about leasing, and am looking for a little help. Should I Lease???
 
XC90 3.2 2007
MSRP $45,605
Cap cost $35,628
residual: $20,978
lease factor .00236
driveoff $1726
payment: 583 w/tax 36 month lease
 
thanks!
#379 of 1171
Re: JAN 07 Lease Rates [amcdad] by kylechoffman
Feb 01, 2007 (9:20 am)
Reply

Replying to: amcdad (Jan 27, 2007 10:04 am)

Can someone tell me from rangers post which of these is better:
 
Through Volvo Financing:
  
3.2 AWD, 24 months, 15K: 65% residual and .00087 money factor.
 
Through Chase:
  
3.2 AWD, 36 months, 15K: 48% residual, .00260 MF, $5500 rebate
 
I own a 2006 XC90, its worth more than we owe. We put nothing down on it and its in mint condition but we dont drive enough to justify the monthly payment price and Volvo is running a 24 month deal. We also will need another car in two years so trying to prep for that now.
#380 of 1171
Re: JAN 07 Lease Rates [kylechoffman] by kylechoffman
Feb 06, 2007 (7:39 am)
Reply

Replying to: kylechoffman (Feb 01, 2007 9:20 am)

Volvo is running a 399 a month lease for 24 months promotion on a FWD 3.2 XC90.
 
I would like to know how much this payment goes up based upon adding the following features:
 
15000 miles per year or 18000 per year
Premium Package
Climate Package
 
Also, can you put multiple sec deposits down to pay down the money factor?
 
I live in San Diego, CA if that matters.
 
I also have xplan pricing on all ford/ volvo vehicles if its a better deal.
 
Thanks in advance
#381 of 1171
2007 XC90 V6 lease - $379 Carman ? by bassmiesternj
Feb 11, 2007 (9:35 am)
Reply
Local advertisment:
 
2007 XC90 V6 AWD - MSRP $44,600 with 7 passenger, Climate pkg, premium pkg, Vers pkg.
 
Residual - $22,054
 
36 month/10k
 
Due at signing: $0 sec/$1995 cap cost red/first month/$845 bank fee/MV,tax, tag, title
 
What do you make of this one ?
 
Note: The out of pocket would be covered with cap insurance
#382 of 1171
Money Factor for Volvo vs Other Cars by dfarber
Feb 11, 2007 (10:20 am)
Reply
I understand the money factor for the xc90 3.2 AWD is .00029. When I looked at the Escalade forum, they have rates of 6.15 which is .0025625. This is a HUGE difference and makes the monthly payments for an escalade a hell of a lot more.
 
My question- why would Volvo's money factor be so much lower than GM's?
 
What determines whether a car has a high or low money factor?
 
Thanks!
#383 of 1171
Re: 2007 XC90 V6 lease - $379 Carman ? [bassmiesternj] by dfarber
Feb 11, 2007 (10:25 am)
Reply

Replying to: bassmiesternj (Feb 11, 2007 9:35 am)

if the ad is for $379, that sounds like a good deal. WHen I tried to recalc the lease using the lease calculator mentioned on this site somewhere, I got a higher monthly payment.
 
where did you see the ad? I'm in the NY tri state area and am shopping around as well.
 
best i saw was montclair volvo for 399/month for a msrp 46200 xc90 3.2 awd with around $3K down.

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