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Volvo XC90 Lease Questions

1553 messages, Last post on Dec 09, 2009 at 2:44 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: jimmyjohn215 (Nov 24, 2007 1:54 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: godfather9 (Nov 24, 2007 8:24 pm) Let's take a look at the selling price that you were quoted. The '08 XC90 that you are interested in probably has a spread of around $3,200 between its full MSRP and its dealer invoice price. Plus, Volvo is providing a $2,000 cash incentive on leases of XC90s that don't have the entertainment system. That gives you a total of $5,200 to play with. The $5,000 discount that you were quoted looks reasonable to me. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: xc91 (Nov 24, 2007 11:49 pm) As far as this specific deal goes, 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 what this 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 Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: drubin (Nov 25, 2007 8:02 am) As far as when to lease goes, Volvo's current lease program for the XC90 is scheduled to run through the end of the year. I do not anticipate it making any revisions to it prior to then, but one never knows what will happen for certain. Volvo's January lease program for the XC90 will likely be fairly similar to its current program, but it's difficult to predict exactly what an automaker will do with its future programs with 100% certainty. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: moremoremore (Nov 28, 2007 7:57 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: amj05 (Dec 01, 2007 12:10 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Car Man - Can you share what the current MF and residual would be on a 2008 3.2 AWD 5 Passenger? Thanks! I am currently sitting with a quote of .00078 and 65% for the 24 month with 10,500 annual miles. What's the best I can expect do you think?
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Replying to: jarhead169 (Dec 02, 2007 6:57 am) In short, the best way to get a good deal on a leased vehicle is to negotiate as low a selling price as you possibly can on the model that you want and then have the dealer you decide to go with calculate your monthly payment using its buy rate lease money factor. You should be able to get an idea of how much you will have to pay for the XC90 that you want right now by visiting the "Volvo XC90 Prices Paid and Buying Experience" discussion. Volvo Finance's lease program for the XC90 varies by term level, term, and mileage allowance. For now I will assume that you and your wife are interested in a 24 month lease of a 2008 Volvo XC90 3.2 FWD 7-passenger with 12,000 miles per year. Volvo Finance's buy rate lease money factor and residual value for a lease using those variables are currently .00036 and 63%, respectively. If you negotiate a low selling price and have the dealer use this money factor you will be in good shape. Let me know if you have any questions. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: mbeam (Dec 02, 2007 2:16 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I'm debating a few cars now for a lease and it appears that the XC90 has finally made the cut, and passed my wife's inspection. I'm wondering what the money factor and residual would be for a 36 month - 15K/year lease. I should also mention that I'm looking at the base model with premium package, so 3.2 FWD. I'm X-plan eligible, so think that with that and what I believe are good terms, lease rates are comparable to much lesser cars. Thanks
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