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Volvo XC90 Lease Questions

1553 messages,  Last post on Dec 09, 2009 at 2:44 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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#629 of 1553
Re: Lease in DC/MD Area [rfalls] by Car_man HOST
Jun 27, 2007 (2:27 am)
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Replying to: rfalls (Jun 22, 2007 12:52 pm)

Hey Rfalls. Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Volvo XC90 3.2 AWD 7 Passenger with 12,000 miles per year are .00167 and 54%, respectively. Volvo is definitely not only offering 24 month leases right now, but its 2 year lease program is pretty attractive. The numbers for an otherwise identical 24 month lease are .00053 and 65%.
 
Car_man
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#630 of 1553
Re: Grade My Lease Terms [tdkeator] by Car_man HOST
Jun 27, 2007 (2:29 am)
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Replying to: tdkeator (Jun 22, 2007 1:09 pm)

Hi tdkeator. Do you know what your XC90's MSRP is? That would be a very useful number because it would show me how much of a discount you are being given on it and it would enable me to use Volvo Finance's lease program to estimate what your payment should be. Let me know what it is and I'll tell you what I think.
 
Car_man
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#631 of 1553
Re: Incentives [bodid] by Car_man HOST
Jun 27, 2007 (2:30 am)
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Replying to: bodid (Jun 22, 2007 1:25 pm)

Hi Bo. Volvo is currently providing a $2,000 cash incentive on leases of any 2007 XC90 through Volvo Finance. Its cash incentives on leases through independent banks are much higher than this. Specifically, Volvo is providing an $8,500 cash incentive on leases of the '07 XC90 V8 through third parties right now.
 
Car_man
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#632 of 1553
Re: Volvo Financing Lease incentative on XC90 [radoncgs] by Car_man HOST
Jun 27, 2007 (2:44 am)
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Replying to: radoncgs (Jun 24, 2007 9:34 am)

Greetings radoncgs. Volvo is currently providing a $2,000 cash incentive on leases of any 2007 XC90 model through Volvo Finance. It has much larger cash incentives for leases of the XC90 through independent banks, but they vary by trim level. If you tell me exactly which XC90 you are interested, how long you want to lease it for, and what mileage allowance you need I would be happy to give you an idea of what Volvo Finance's current money factor and residual value are like.
 
Car_man
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#633 of 1553
Re: Residuals [jkloss] by Car_man HOST
Jun 27, 2007 (2:51 am)
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Replying to: jkloss (Jun 25, 2007 5:15 am)

Here's the information that you're looking for, jkloss. Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Volvo XC90 V8 with 12,000 miles per year are .00171 and 56%, respectively. The numbers for an otherwise identical 48 month lease are .00186 and 47%, respectively. When negotiating your lease on this vehicle, make sure to take the $2,000 lease cash that Volvo is providing on Volvo Finance leases of it into account.
 
Car_man
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#634 of 1553
Re: Lease in DC/MD Area [Car_man] by rfalls
Jun 27, 2007 (4:14 am)
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Replying to: Car_man (Jun 27, 2007 2:27 am)

Car_man:
 
I want to confirm this is correct. 24 months though Volvo finance for 2007 Volvo XC90 3.2 AWD 7 Passenger is MF of .00053 and residual of 65% and lease cash of $2000. Through a third party lender, the lease cash increases to $8000 (what are the MF and residuals being offered by third party lenders).
 
It sounds like I could still do much better with the deal I am being offered.
 
2007 Volvo XC90 3.2 AWD 7 Passenger
Climate, Premium, Versatility & Wood Steering.
Lease through Volvo Finance
 
MSRP: $44,925.00.
Invoice: $41,657.00
Sales price: $38,837.47
Spread between MSRP and invoice: $3268
Spread betweeen MSRP and sales price: $6087.53
Acquisition Fee: $595.00
Processing Charge: $100.00
Tag & Title: $227.00
Taxes (.05% in MD): $1946.8
Total Net Cap Cost: $41741.34
MF: .00164
Resid: 65%
 
Monthly payment of $638.85 (everything rolled in); no money down.
 
I would appreciate your further thoughts and thanks for your input.
#635 of 1553
Re: XC90 AWD 3.2 pending lease offer [utexas06] by bodid
Jun 27, 2007 (6:42 am)
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Replying to: utexas06 (Jun 26, 2007 4:41 pm)

You can do better. Same car at 35,500 and I can do better but it doesn't come with bi-xenons and that's a requirementr for me (I'll never go back). Where are you? This was quoted out of Keystone Motors Volvo. I've heard quotes around that number, so you can still do a lot better...
 
Bo
#636 of 1553
Car Man..Need help on Money Factors... by bodid
Jun 27, 2007 (7:17 am)
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Car Man,
 
Why am I seeing such a range of MF's with the third party banks? Got an intial quote for 3.2 AWD 48,902 MSRP/38,300 selling price, 36 mo/15K miles, mf of .00260 from Ameribank Credit. Can I request using another bank? How muck leeway do dealers have with the mf's? Is there a third party bank that has the best numbers?
 
Bo.
#637 of 1553
XC90 Offer by jkloss
Jun 27, 2007 (7:28 am)
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I was offered the following on a V-8 Sport with MSRP of $53997 - 24 month - 120000 miles - $37217 residual and a monthly payment of $569 with no payment at closing - Sign and drive.
 
Anybody have any thoughts as if this is a good deal?
#638 of 1553
Re: XC90 Offer [jkloss] by bodid
Jun 27, 2007 (8:12 am)
Reply

Replying to: jkloss (Jun 27, 2007 7:28 am)

Yes, that's the best I've heard on a sport yet. That's a 16K drop. We need more people to give us their quotes. I've been quoted for a V8, not the Sport...52,077 MSRP/39,670 residual. What were you quoted for money factor and residual?
 
Bo.

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