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Volvo XC90 Lease Questions

1570 messages,  Last post on Mar 08, 2010 at 9:03 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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#893 of 1570
Purchase vs. Lease by jules81480
Nov 30, 2007 (11:47 am)
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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 1570
Re: Purchase vs. Lease [jules81480] by qbrozen
Nov 30, 2007 (1:14 pm)
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Replying to: jules81480 (Nov 30, 2007 11:47 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 1570
What's the Catch? by amj05
Dec 01, 2007 (1:10 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?
#896 of 1570
Lease Help for XC90. Please help a troop!!! by jarhead169
Dec 02, 2007 (7:57 am)
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Hello to all. I have a few questions regarding all these lease terms, as I've never leased a vehicle before. I am a Marine currently in Iraq and the wife wants a new XC90. The current lease offers look enticing, but all the language and numbers on this site are confusing. SoCal Volvo dealers are adveritsing an 08 FWD V6 with premium and versatility packages and the "free" DVD system. MSRP is $44,000, $399/month for 24 mo. at 10.5K miles per year, with $3700 out of pocket. Is this a good deal, or could it get a lot better? Any suggestions and/or help would be greatly appreciated!
#897 of 1570
My XC90 lease in Ft. Lauderdale by mbeam
Dec 02, 2007 (3:16 pm)
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I received telephone quotes from 8 different Volvo dealerships in the Miami/ Ft. Lauderdale/ Orlando area. This is what I ended up negotiating. I know it is a great deal and you just have to work the competition in your area or within a 250 mile radius to save the money. I ended up with a 3.2 FWD with premium package, BLIS, convenience package, versatility package, and the wood steering wheel. My payment is $527.36 without tax, with tax it is $559/mo. It is 24 months with 12, 000 miles per year. This is with $0 down. The first payment and tag were included in the original price. So, I will only make 23 payments. I didn't write a check to drive away. My advice to the marine is to e-mail the internet sales guys with what you want and the best that they can do. Then ask each one to de better than the other. Don't take your first offer.
#898 of 1570
Re: My XC90 lease in Ft. Lauderdale [mbeam] by fantom
Dec 03, 2007 (8:49 am)
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Replying to: mbeam (Dec 02, 2007 3:16 pm)

Great deal mberm....
 
Do you mind sharing the dealer and contact? I'm in South Florida also.
#899 of 1570
The dealership in south Florida was Margate Volvo by mbeam
Dec 03, 2007 (2:33 pm)
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I also failed to mention that I have the metallic paint also. And it came with the $1000 Lease WearCare. I received a new plate and didn't have to pay the $100 Florida new plate fee either. Like I said previously, I didn't have to pay a cent to drive off the lot. I will give you the name of the salesperson if you e-mail me. I received a higher quote from a different salesperson at the same dealership. I didn't realize at the time that Margate Volvo purchased Gold Coast Volvo. The first maintenence from Volvo at 7500 miles is free from Volvo also. Margate Volvo will wash your car for free anytime you bring it in.
#900 of 1570
Re: The dealership in south Florida was Margate Volvo [mbeam] by fantom
Dec 03, 2007 (6:05 pm)
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Replying to: mbeam (Dec 03, 2007 2:33 pm)

Copy Margate Volvo....it's very close, and that's probably all I need. Thanks.
 
I can't email you unless you enable that function.
#901 of 1570
Good Deal? by 1batman
Dec 05, 2007 (10:55 am)
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Car-Man,
Can yo please let me know if this is a good deal.
2008 Volvo XC 90 - 3.2 V6
Black with Black Leather Interior
Convenience Package
Versatility Package
Premium Package
Climate Package
Entertainment System
BLIS
Navigational System
 
24 months
15,000 miles
Sign and Drive, nothing out of pocket, (Tax, Title, all payments, included in monthly Payment.)
 
$680 a month
 
Also, I am considering getting this without Nav, what is the feedback regarding the Nav system.
 
Thank you,
 
Bruce
#902 of 1570
Trade in question with new lease by rm65
Dec 05, 2007 (2:37 pm)
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I am looking to lease an XC90 with just taxes and inceptions out of pocket. I have a trade that would be roughly worth 15k. So will a dealership take the taxes, inceptions, etc..out of the trade and give me back the rest in cash? I have never done this and not sure if it is even possible.-Any help would be great! Thanks!

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