- #714 of 1219
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Re: Price Paid for XC90 in LA [vgupta_98]
by Car_man HOST
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Aug 09, 2007 (3:58 am)
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Replying to: vgupta_98 (Jul 01, 2007 12:08 am)
Congratulations on your new XC90, vgupta_98. Thanks for taking the time to share the details of your lease with everyone. Make sure to share your thoughts on your dealer experience by stopping by the new Edmunds.com Dealer Ratings & Reviews section. Enjoy your new ride  .
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #715 of 1219
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Re: July 10th - New Programs [czm3136]
by Car_man HOST
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Aug 09, 2007 (4:03 am)
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Replying to: czm3136 (Jul 03, 2007 7:09 pm)
Hello czm3136. Volvo Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2008 XC90 3.2 AWD 7 passenger with 12,000 miles per year are .00061 and 65%, respectively. When negotiating your lease on this model, make sure to take advantage of the $2,000 cash incentive that Volvo Finance is providing on 36 month leases of it.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #716 of 1219
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Re: Lease on new '08 model [commendatori]
by Car_man HOST
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Aug 09, 2007 (4:09 am)
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Replying to: commendatori (Jul 04, 2007 9:12 pm)
Greetings commendatori. You never mentioned the selling price or MSRP of the XC90 that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this what vehicle's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #717 of 1219
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Re: Lease on new '08 model [Car_man]
by epiney
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Aug 09, 2007 (8:07 am)
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Replying to: Car_man (Aug 09, 2007 4:09 am)
Hi Car_man
Can you tell me what the mfs and residuals are for a 2008 XC90 V8? Does the $2000 incentive apply as well.
Also is the $7000 incentive available for 2007 V8 models?
Thanks very much.
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- #718 of 1219
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Re: 2007 XC90 Lease [pannikattk]
by Car_man HOST
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Aug 10, 2007 (2:38 am)
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Replying to: pannikattk (Jul 06, 2007 12:16 pm)
Hi pannikattk. The money factor and residual value that you were quoted for this lease are right in line with Volvo Finance's current program for it. This is a good thing.
Now let's take a look at this truck's selling price. The XC90 that you described probably has a spread of around $3,300 between its full MSRP and its dealer invoice price. Additionally, Volvo is providing a $4,000 cash incentive on leases of the '07 XC90 through Volvo Finance. This gives you a total of $7,300 to play with. You were quoted a discount of $7,660. This looks like a very attractive selling price to me.
At first glance this looks like a very good deal, but something is off with the payment that you were quoted. I come up with a zero down, pre-tax monthly payment of around $483 on this model. Make sure to find out why the payment that the dealer is quoting you is so much higher.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #719 of 1219
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Re: 2007 XC90 Lease [rgrand]
by Car_man HOST
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Aug 10, 2007 (2:43 am)
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Replying to: rgrand (Jul 06, 2007 9:43 pm)
Hello rgrand. The lease program that you were quoted for this vehicle is right in line with Volvo Finance's current program for it. That is a good thing. The selling price that you were quoted for it looks very attractive as well. I just worked up a lease payment on this vehicle using the info that you provided in your post and I came up with exactly $479 per month. This looks like an excellent deal. If you like the vehicle, go for it.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #720 of 1219
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Re: 2007 XC90 V6 3.2 Lease Deal [palleg33]
by Car_man HOST
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Aug 10, 2007 (2:46 am)
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Replying to: palleg33 (Jul 07, 2007 3:31 pm)
Hi palleg33. The Volvo XC90's lease program varies by trim level, i.e. its money factors and residual values are different for the AWD 5 passenger model than they are for the FWD 7 passenger model. If you tell me exactly which model you are interested in, I would be happy to give you an idea of what its current lease program is like.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #721 of 1219
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Re: XC90 [wrasq]
by Car_man HOST
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Aug 10, 2007 (2:48 am)
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Replying to: wrasq (Jul 09, 2007 12:55 pm)
Hello wrasq. You never mentioned the selling price of the XC90 that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the vehicle that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #722 of 1219
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Re: XC90 [archmama]
by Car_man HOST
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Aug 10, 2007 (3:10 am)
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Replying to: archmama (Jul 09, 2007 7:32 pm)
Welcome archmama. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
Volvo Finance's lease program for this vehicle varies by trim level. For example, its money factor and residual value are different for the XC90 3.2 AWD 5 passenger model than they are for the XC90 3.2 FWD 7 passenger model. If you tell me exactly which version of this truck that you want I can give you an idea of what its money factor and residual value are currently like. Furthermore, if you provide me with the full MSRP and approximate selling price for the XC90 that you want I will gladly estimate what its monthly payment should be.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #723 of 1219
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Re: XC90 Lease [jw766]
by Car_man HOST
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Aug 10, 2007 (3:15 am)
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Replying to: jw766 (Jul 11, 2007 9:09 am)
Hi jw766. The XC90 that you described probably has a spread of around $3,300 between its full MSRP and its dealer invoice price. Plus Volvo is providing a $4,000 cash incentive on leases of it through Volvo Finance. That gives you a total of $7,300 to play with. You were quoted a discount of $6,889 on the XC90 that you want. That is probably around $500 over invoice or so, which is an excellent deal. Just make sure to have the dealer that you are working with use Volvo Finance's current buy rate lease money factor to calculate your monthly payment. I would be happy to tell you what that number is right now if you provide me with a more detailed description of the model that you are getting. I need to know if it is AWD or FWD and if it is the 5 passenger or the 7 passenger model.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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