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Volvo XC90: Lease Questions

1550 messages,  Last post on Dec 06, 2009 at 3:00 PM

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What is this discussion about? Volvo XC90, Car Leasing, SUV

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#1444 of 1550 Re: Residuals... [kyfdx] by naut_online Jul 20, 2009 (1:02 pm)
Replying to: kyfdx (Jul 20, 2009 12:40 pm) I wish I could get a deal buying out my lease... Volvo Finance did a pretty good job getting my residual right two years ago. All the 20000 mile 2008 XC90s like mine are right around $28K, and that is exactly what my buy out is. I doubt they will be willing to negotiate very much. Replies to this message: volvomax (Jul 20, 2009 2:09 pm)
#1445 of 1550 Re: Residuals... [kyfdx] by volvomax Jul 20, 2009 (2:06 pm)
Replying to: kyfdx (Jul 20, 2009 12:40 pm) Cheap leases are going to be hard to find for awhile...   Agreed!
#1446 of 1550 Re: Residuals... [naut_online] by volvomax Jul 20, 2009 (2:09 pm)
Replying to: naut_online (Jul 20, 2009 1:02 pm) VFNA got lucky. Wholesale prices on XC90's have gone up about $3,000 in the last 5 months! I don't think that will last.
#1447 of 1550 Re: 3 year residual, Money Factor & Bank [volvomax] by naut_online Jul 21, 2009 (4:26 am)
Replying to: volvomax (Jul 20, 2009 12:29 pm) 36% is 3 yrs 15k/yr. BMW is 46% thru US Bank.   Last question, I promise… Does US Bank offer a 2 year 10,500/year lease like Volvo Finance did, if so, what is the residual and money factor on that option?   Thanks, Joe Replies to this message: zamo (Jul 21, 2009 6:11 am) volvomax (Jul 22, 2009 2:21 pm)
#1448 of 1550 Re: 3 year residual, Money Factor & Bank [naut_online] by zamo Jul 21, 2009 (6:11 am)
Replying to: naut_online (Jul 21, 2009 4:26 am) I don't have the numbers handy but 2 years leases for US are way expensive. The residual difference is minimal between 2 and 3 years.   Also, cheap leases are gone. It is better to extend the current VCFNA leases; it MIGHT get better by the end of the year but not as good as 2 years ago. The SUV market has tanked and the wholesale value is still low (has got better a bit lately though).
#1449 of 1550 Re: 3 year residual, Money Factor & Bank [naut_online] by volvomax Jul 22, 2009 (2:21 pm)
Replying to: naut_online (Jul 21, 2009 4:26 am) No, they don't.
#1450 of 1550 Re: 2008 XC90 Lease Buy-out [binsky33] by binsky33 Jul 22, 2009 (2:54 pm)
Replying to: binsky33 (Jul 14, 2009 10:18 am) Well I just made my July payment, so I guess I will see what August holds for me when I get another buy-out number. My lease is up on 9/30 so I guess I can play it until the end. I think August is my last payment. I guess worst case is I pay $30.373 for a 2008 with 20K miles. I will probably convert to the CPO for about $1,600, it seems worth it. I got the convenience package in the 2008, so $30,373 seems like a fair price for a 2008 seven seater with versatility, premium package and convenience package and 20k miles.. Plus its my car, so I know its history!   I will keep you posted on the process
#1451 of 1550 XC90 lease by onc Jul 23, 2009 (7:21 pm)
I just leased 2009 XC90, 3.2 with versatility and convenience packages. The dealer installed DVD player, park sensors and Garmin Navigation dash mount (I have the Gramin unit itself). So the car became pretty loaded. It is 4y lease with 12,000 miles/yr. Nothing down, and monthly payment of 510 (through US bank of course) Residual was %32. But I can buy it at the end for $11,400. I shopped for other brands. You can not beat this. Lexus, Acura, MB and BMW SUV are much more expensive for same equipment. My Volvo quote was cheaper than slightly less-equipped Honda Pilot 2009. Add to that, the 5 yr 60k warranty, which includes maintenance and wear/tear and one would be foolish to pass this. You can just buy the XC90 at the end and sell it next day to Carmax. You will make few thousands if you have a clean car. Good luck to all. Replies to this message: crestonave (Jul 24, 2009 3:21 am) onc (Aug 09, 2007 7:07 am) rlongo76 (Jul 31, 2009 10:53 pm) onc (Aug 03, 2009 8:56 am)
#1452 of 1550 Re: XC90 lease [onc] by crestonave Jul 24, 2009 (3:21 am)
Replying to: onc (Jul 23, 2009 7:21 pm) That looks like a great deal. Would you mind sharing the MSRP of the vehicle with us? Negotiated price? AWD or FWD? Is tax included in your payment? Thanks! Replies to this message: onc (Aug 09, 2007 7:07 am)
#1453 of 1550 Re: XC90 lease [crestonave] by onc Jul 26, 2009 (3:09 pm)
Replying to: crestonave (Jul 24, 2009 3:21 am) I meant versatility and premuim packages rather than versatility and convenience. Sorry. It is FWD. MSRP was $37,684, selling $31580 with all the fees. $0 down, 48 months, monthly payment is $510 (tax included).

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