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Volvo XC90 Lease Questions

1547 messages,  Last post on Dec 04, 2009 at 4:23 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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#886 of 1547
Re: Free DVD entertainment system [lyakir] by volvomax
Nov 14, 2007 (5:26 pm)
Reply

Replying to: lyakir (Nov 14, 2007 12:05 pm)

No
#887 of 1547
my deal by jimmyjohn215
Nov 24, 2007 (1:54 am)
Reply
I was quoted $2000 out of pocket 580 per month 24 month lease. but I will actually only have 23 payments because the first month is included in the $2000
 XC90 2008 Awd 7 seat dvd and sunroof
What do you think is this a good deal or is there a better one out there?
#888 of 1547
XC90 3.2 by godfather9
Nov 24, 2007 (8:24 pm)
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Here is what I am being offered-
 
XC90, FWD 3.2 MSRP 44,500
Prem, Versatility, Navi, Grey Titanium, Black Leather Interior
Cap cost- $39,500 (including $595 acq fee and the $2000 rebate)
Money factor .00078
Residual 63%
24 month, 12k
 
$559 per month.
$967 drive off which includes first month.
 
I have seen some $37,000 and $38,000 for this model- I am wondering if those are just one offs or can I keep pushing? It seemed to slow down here during the negotiation.
 
Thanks
#889 of 1547
leasing XC90 V8 by xc91
Nov 24, 2007 (11:49 pm)
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hi, been offered 24 month lease on a new XC90 Executive, with Nav, DVD, everything except BLIS and backup camera. offer is $575 per month (which includes taxes) for 24 months with a $5000 dollar downpayment which includes taxes, docs, and first months lease payment. is this a good offer?
#890 of 1547
Any thoughts re: this lease offer? by drubin
Nov 25, 2007 (8:02 am)
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Hi all.
 
Yesterday, I got an offer for a 24 month lease for a 2008 XC-90 AWD 3.2 with metallic paint (apparently that's extra), with the Climate, Versatility and Premium packages, and with DVD's for two in the head rests (the DVD's being "free" because of a current incentive). Because I suscribe to Edmunds' advice to pay as little down as possible on a lease, the money up front would be $1,526.03 (which, I think, includes the first month's payment, the bank fee, and a $600 security deposit which may be waived if my credit score is more than 720).
 
The monthly payment would be $592.90 - which I negotiated down from a first offer of $608.32.
 
Several Questions:
 
1. How does this monthly payment strike you? Is it good, fair, bad, or what?
 
2. I can wait a month or two before getting a new car since I have until January 22 on my current lease (not a Volvo). Any sense of whether the money factor, residual value, and other potential incentives, in the aggregate, will enable me to strike a better better or worse deal in December? January?
 
Any thoughts or advice would be greatly appreciated.
#891 of 1547
GOOD DEAL???? by moremoremore
Nov 28, 2007 (7:57 pm)
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I was shocked at the deal I am getting...I think it's good-
 
It was either high 47,000s or low 48,200 MSRP for a few hundred under invoice. 2 year lease, 12,000 miles, $2500 total out of my pocket, NY tri-state lease
..Oh, and it has the DVD in the back...3 row seating.
 
$497 a month and I still want to get him down.
 
Any input? Thanks!
#892 of 1547
Old Promo - better than now? by eastbeast
Nov 30, 2007 (6:48 am)
Reply
Here's what I am scheduled to drive off with this weekend (end of november)... It's a promo from about 2 months ago - saved for me by volvo finance because the vehicle had to be special ordered for me. I'm told that I cannot get the "free" dvd's because I have the old promos saved:
xc90, 3.2, awd, premium, climate, metallic paint, BLIS, it's NOT at 7 seater...
resid. .66
mf: .00064
24 month
10,500 miles
$476/month x 23 months (my out of pocket includes 1st month)
$2547 total due at signing
NJ/NY area
How does this look??
#893 of 1547
Purchase vs. Lease by jules81480
Nov 30, 2007 (10:47 am)
Reply
Quick question:
 
 Is it smart to put money down when financing to purchase a car or is it best just to get the money from the trade-in and apply it towards that?
Need responses ASAP!
#894 of 1547
Re: Purchase vs. Lease [jules81480] by qbrozen
Nov 30, 2007 (12:14 pm)
Reply

Replying to: jules81480 (Nov 30, 2007 10:47 am)

when financing? yes, it is typically smart to put money down. BECAUSE car loans are usually not very low APRs. However, for something like a 0% or 1.9% promotional APR, I would suggest borrowing as much as possible and keep your cash in an interest-bearing account that gains you more interest than you are paying on the car.
 
I earn ~5% on average through my money market. So anytime someone wants to lend me money at a rate lower than that, I take the loan and keep the money in the account. Of course, there are other considerations to keep in mind, such as gap insurance. So you can't lose sight of that, either.
#895 of 1547
What's the Catch? by amj05
Dec 01, 2007 (12:10 pm)
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CarMan and fellow lessees,
 
I have a quote of $549 per month for a Volvo XC90 (up to but NOT including the convenience package; no navi; 10.5K/year; 24 months). The price is with nothing down, including taxes rolled in and with the Costco $1000 reduction; I would still have to pay $1549 out of pocket for first month, dmv and bank fee. The bank fee is about $790.
 
I have 5 payments left on my current leased car (not a volvo) at $320 per month. Volvo is telling me that they will pay three of the months (i.e., $960). They say that they will net the $960 left on my current lease against the $1549.
 
Something doesn't feel right about this. For nothing down and taxes rolled in, $1549 (or really $1000 b/c $549 is the first month) seems too high. Is the bank fee something that the dealer will usually waive?
 
Fyi, every other dealer (volvo or not) that I went to said that they would not pay the $960 left on my current lease - that if anything, they would roll it in to the cost of the lease. So, I feel like these guys are getting me to pay it somehow.
 
What do you all think?

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