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Volvo XC90 Lease Questions

1111 messages,  Last post on Jul 22, 2008 at 3:59 PM

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What is this discussion about? Volvo XC90, Car Leasing, SUV


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#657 of 1111
Re: Finalized Deal [bodid] by jkloss
Jun 28, 2007 (12:25 pm)
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Replying to: bodid (Jun 28, 2007 12:02 pm)

Miles per year is 11,000
#658 of 1111
Re: Finalized Deal [jkloss] by bodid
Jun 28, 2007 (1:13 pm)
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Replying to: jkloss (Jun 28, 2007 12:25 pm)

I thought the MF for the V8 was .00105? Excellent deal for 24 months, especially through Volvo. What was invoice, and the residual? I've been offered a loaded V8 Sport for 582. for 3 years, but he hasn't given me any numbers to work off of yet. Where did you get this deal?
 
Bo
#659 of 1111
Re: Finalized Deal [bodid] by jkloss
Jun 28, 2007 (1:24 pm)
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Replying to: bodid (Jun 28, 2007 1:13 pm)

As far as I can tell from the paperwork the MSRP is 53,997 and the cost would be 50,762 and from that price the reduced it further by 2,862 for a cap cost of 47,900 then they added the Acquisition cost of 595 and doc fee of 58.45 (the doc fee was taken off the up from money.)
 
This was done in Chicago but registered in Wisconsin so that amounted to a savings of almost 4000 over 24 months because of the Illinois tax situation.
#660 of 1111
Re: Finalized Deal [jkloss] by radoncgs
Jun 28, 2007 (9:36 pm)
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Replying to: jkloss (Jun 28, 2007 1:24 pm)

Is there a termination fee ($395)at the end of the lease with Volvo Finance ? thanks.
#661 of 1111
Re: Finalized Deal [radoncgs] by volvomax
Jun 29, 2007 (12:30 pm)
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Replying to: radoncgs (Jun 28, 2007 9:36 pm)

Yes.
Waived if you lease a new car thru Volvo Finance
#662 of 1111
Price Paid for XC90 in LA by vgupta_98
Jul 01, 2007 (12:08 am)
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Its time to give back to the board that helped me negotiate this great lease.
 
I just signed up for a 2yr / 24K lease on a new XC90. Here are the details.
 
1) 2007 XC90 w/ Premium and Versatility Package
2) MSRP: $44500
3) Term 24mo / 12K /yr
4) Residual: $26806.5
5) Cap Cost: $36190
6) Money factor: .0004 or .95%
7) O Down / O Drive Off
6) $455 + Tax = $489 / mo
#663 of 1111
Price paid for xc90 in LA by max63
Jul 01, 2007 (8:52 pm)
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Can you let me know the name of the dealership in LA you got that 24 month lease.
#664 of 1111
July 10th - New Programs by jeffrobinson
Jul 02, 2007 (3:19 pm)
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A bunch of dealers I have spoken with recently have said that new lease programs are coming out from Volvo on July 10th. They are being coy about whether these will be better programs than the current ones, which don't seem to be outstanding. Anyone have any idea if these new programs on July 10th will be strong programs or not?
 
We're at a weird time, with the 2008's being phased in (and the 2007's being phased out) at most dealers, so it's been hard getting a handle on current pricing, and deciding between jumping in now or waiting for the 10th.
 
Any thoughts from anyone?
#665 of 1111
Re: July 10th - New Programs [jeffrobinson] by volvomax
Jul 02, 2007 (4:15 pm)
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Replying to: jeffrobinson (Jul 02, 2007 3:19 pm)

Won't be better in all likelihood.
Bank residuals dropped 2-3 points on XC90's for July.
Volvo is not stuck w/ a bunch of 07's at the the ports.
 
While there will be some support for the 08's,they won't be less than the 07's.
#666 of 1111
Re: July 10th - New Programs [volvomax] by jeffrobinson
Jul 03, 2007 (6:35 am)
Reply

Replying to: volvomax (Jul 02, 2007 4:15 pm)

Thanks for the insight volvomax. Just curious if you, or carman, or anyone else for that matter, would chime in on an offer I've received for the following car (offer valid until the 10th):
 
2008 XC90 3.2 AWD
metallic paint
convenience, versatility, premium and climate packages
 
MSRP: $46,495
Selling price: approx. $40,700
residual: 65%
money factor: .00101
24 months/12,000 miles per year
Lease through Volvo Finance
 
Monthly payment of approx. $510/month with $1600 in fees up front plus paying $900 in taxes up front.
 
Monthly payment of approx. $550/month with the same $1600 in fees up front, but with the taxes rolled into the monthly lease payment.
 
Any thoughts? On a brand new model, it seems like a decent deal to me. I guess the main question is whether I could do better on the selling price. By the way, I got an offer from a different dealer of $643 plus tax on the same car. Thanks in advance.

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