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Volvo XC90 Lease Questions

1219 messages,  Last post on Oct 04, 2008 at 6:10 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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#663 of 1219
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 1219
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 1219
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 1219
Re: July 10th - New Programs [volvomax] by jeffrobinson
Jul 03, 2007 (6:35 am)
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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.
#667 of 1219
Re: July 10th - New Programs [jeffrobinson] by volvomax
Jul 03, 2007 (10:42 am)
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Replying to: jeffrobinson (Jul 03, 2007 6:35 am)

VFNA came out w/ new programs today,so your offer is no longer vaild.
Residuals dropped 5 points.
MF hardly changed.
Better get a new quote from your dealer.
#668 of 1219
Re: July 10th - New Programs [volvomax] by jeffrobinson
Jul 03, 2007 (12:52 pm)
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Replying to: volvomax (Jul 03, 2007 10:42 am)

Well, that's annoying. I just got the offer yesterday, set up the test drive for Thursday, and he said it was good until the 10th. Well, I guess I'll see what happens next time I speak with him. That lower residual changes the deal quite a bit, and won't quite cut it for me. Thanks for the info.
#669 of 1219
Re: July 10th - New Programs [jeffrobinson] by volvomax
Jul 03, 2007 (2:43 pm)
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Replying to: jeffrobinson (Jul 03, 2007 12:52 pm)

Not his fault.
Volvo swore the programs were good thru the 9th.
They are the ones who changed the timeframe.
 
That is why you have to be ready to more at the end of the model year.
#670 of 1219
Re: July 10th - New Programs [volvomax] by czm3136
Jul 03, 2007 (7:09 pm)
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Replying to: volvomax (Jul 03, 2007 2:43 pm)

Can I chime in here, because I'm in a similar situation due to the new dates but in my case, it's backwards - was quoted one figure on 7/2 which I told the salesperson was an awful deal and he actually called back on 7/3 and told me the new numbers had dropped significantly. And, my current lease is a volvo, so I was even more upset with the numbers they gave with all those incentives that were supposed to be out there.
 
So for July, what are the actual money factors/residuals through Volvo Finance for a 3.2 AWD 24 month lease/12,000 miles a year? And what date do they start/end?
 
On 7/2 his number was $499 with $2500 out of pocket for a 3.2 AWD with premium, versatility and climate packages. Now his number is $449 for a 2008 with all of the above plus the Blind Spot Information System. I'm not sure how this deal looks because I don't have info on new residuals, money factors...
 
Any help is appreciated!!
#671 of 1219
Lease on new '08 model by commendatori
Jul 04, 2007 (9:12 pm)
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Here's what I was quoted, let me know what you guys think:
 
2008 XC90 3.2 AWD with everything--
Premium, Versatility, Climate (with xenon lights), Convenience, Nav, wood steering wheel, DVD entertainment system, and BLIS.
15K miles/24 months
Down: $1,800 (including first month, tax, title, etc)
Monthly: $660 including 7% tax
#672 of 1219
2008 Lease by king31
Jul 05, 2007 (11:19 am)
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Here's a deal I was quoted on a 2008 3.2 AWD climate, premium, versatility, wood steering wheel. Let me know if you think its ok.
 
X-Plan MSRP: 44,725
MF: .00061
LEV: 66%
Cash cap reduction (incentives) $3564.85
Trade-In value: $5200.00
Adjusted Cap cost: 35,822.68
Monthly including taxes is $329.76. $302.53 w/o taxes.

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