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Wagons Volvo V70 Volvo V70: Lease Questions
30 messages, Last post on Nov 20, 2008 at 10:27 PM
You are in the Volvo V70 Forum. Your Host is kcram
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this topic gets little attention, huh? well, anyone know current MF and residuals on '08 or even '07 V70s? any trunk money we should know about?
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Replying to: qbrozen (Jan 05, 2008 1:23 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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We have currently a 2006 V70 2.5t. We leased it for 36 months and we will hit 2 year mark in July 2008. We have now have three young boys who require car seats and it is next to impossible to get 3 car seat in the back seat. We are considering moving up to a xc90 with a third row but obviously don't want to pay a major penalty. Our car only has 14,000 miles on it and it's residual is $19,500 at the end of the lease. Is trading it in now even a possiblity?  
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Replying to: murphy4 (Mar 01, 2008 11:53 am) Second, you may want to reconsider the vehicle. If you believe you will have a carseat in the 3rd row of an SUV and live with it, I think you may be mistaken. Every time you go to put one child in the back, you will have to remove a carseat from the 2nd row so you can fold the seat to get to the 3rd row. Then put seat back and reinstall carseat. Not a process I would want to go through everytime I get in the car, personally. |
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What is it about this model Volvo that the car maker is afraid of...I have been into 3 New York area dealers and I can barely get them to talk to me about the car and they show it only relunctantly. They keep pushing their suv or cx model. I repeated that I came in to see the V70 and they still won't budge. One dealership (in Riverhead New York) would not even talk to me and I left after waiting 30 minutes. They keep saying people do not want to lease this car and once you can get them to give you a quote you see why. The CX costs more but leases for far less. I love the V70 but Volvo seems to run in the other direction when you try to purchase this model. Can anyone explain to me what's up with the V70?
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Replying to: murphy4 (Mar 01, 2008 11:53 am) You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: bill165 (Mar 07, 2008 2:41 pm)
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Car Man- My significant other is finally ready to pull the trigger on either a new '08 V70 or XC70 lease. In advance of the visit to the showroom, I'd like to get updated figures (residuals & money factors) on 36 month / 10k mile leases for both the '08 V70 and XC70. The lease will be completed in May. Thanks again! As always, very helpful!
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Replying to: ctorrey (May 13, 2008 5:29 am) 2008 V70 3.2 Seashell metallic with anthracite black leather Premium package Convenience package Personal Car Communicator 17" alloy wheels Silver roof rails MSRP: $39,420 Invoice: $37,003 Your price (lease): $31,650.00 36 month lease with 12,000 miles/year = *$476.99 + tax/month with minimum drive-off of $793.71 36 month lease with 15,000 miles/year = *$487.69 + tax/month with minimum drive-off of $805.24 Hope this helps. I do have a quote on the XC70 as well.. 2008 XC70 3.2 AWD Ice white with sandstone beige leather Premium package Climate package MSRP: $41,390 Invoice: $39,041 Your price (lease): $31,450 36 month lease with 15,000 miles/yr = *$471.15 + tax/month with minimum drive-off of $786.41 |
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Replying to: westend2 (May 08, 2008 6:54 pm) Hear! Hear! I just went through all this and when the dust settled, ended up with a Saab 9-5 Sportcombi. The V70 was actually going to cost me more than the XC70 - but I didn't want an XC70. I don't get it.
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