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Volvo XC90: Lease Questions

1548 messages, Last post on Dec 05, 2009 at 2:13 PM
You are in the Volvo XC90 / XC60 Forum. Your Hosts are steve_ & tidester
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Replying to: autoboy19 (Oct 22, 2009 8:05 pm) I just ordered an R-Design |
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Hello, My wife has an '08 XC90 3.2 AWD with 17 inch wheels. The tires are due for replacement, but the car is a lease and we are looking to return it next March when the lease is up. Since we are going into winter, I am tempted to take advantage of a really good deal on winter tires and just keep them on for the next 15 months til the lease finishes up. I am wondering if there are any issues with returning a lease with winter tires on the car (assuming tread level is ok)?
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Replying to: steveinvt (Oct 31, 2009 2:05 pm)
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Replying to: hjh22 (Oct 20, 2009 11:00 am) I just bought out my '08 XC90 from Volvo finance. It was 2 years old with 21K miles First off Volvo finance will only give you the buy-out price to the dealer. So you have to go through a dealer. Second expect to pay the buy-out price in your lease. Back when gas prices were over $4 the buttom fell out of SUV prices and you could get offers $4,000 below buy-out . Well the gas prices are down and the SUV market has fully recovered. I converted my car to CPO (Certified Pre-owned) when I bought it out for an additional cost of $1,500. This gives me 4 more years of warranty, I will not come near the mileage ceiling. So for $32,000 plus tax and tags I bought a CPO car that I knew everything about since I was the previous owner! I have AWD, 3rd Row, Premium, Versatility, and Convience package with backup system, Pollen Filter, and folding mirrors. I could not get a 2010 XC90 fully loaded for anywhere near $32,000. I have about 90% of the safe and sound with the CPO. $4k or more difference to get into a 2010 was not worth it in my opinion. Plus, I cannot tell the difference from a 2010 vs 2008. HD radio might be the only real difference. Note: I believe a well maintained Volvo goes forever. I have a '96 850 with 160K (the kids car), and a '01 S80 (mine) with 90k. I get a new Volvo every 7 years or so whether I need one or not. My wife loves her XC90 she will drive it for many years. |
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Replying to: jayrider (Nov 01, 2009 7:47 am) |
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This morning I got an email from Costco offering: Purchase a new Volvo XC60, XC70 or XC90 between November 3, 2009, and January 4, 2010, to receive: * Volvo employee pricing for the XC60 * $500 off Volvo employee pricing for the XC70 and XC90 * PLUS all available rebates and incentives * PLUS a $500 Costco Cash Card How do I figure out what "employee pricing" is for the XC90? Thanks! (Notice that the email specifically says "purchase" so I don't know if these incentives would apply to a lease)
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Replying to: crestonave (Nov 15, 2009 4:44 am)
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Replying to: adampratt (Nov 15, 2009 7:00 am) I'm going to check with Costco tomorrow. It will be interesting to see what the numbers are. Just poking around Overstock, I am getting prices below invoice, so I can't imagine how much better "employee prices" are, if at all. I personally think this thing is a slug, but my wife seems to like it, and I guess she should drive what she likes. I'll post what I come up with.
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I have a 2007 XC90 (Climate, Premium 12k a year) with 30000 miles and a lease ending in May. The lender (Huntingdon Bank) is anxious to have me buy the car early and has made the following offer: based on a purchase price of $23,395, they will waive some fees, charge me 5.99 percent on the loan and no money down. they calculate $456 a month with some extended warranties, $426 a month without. Both figures are less than my current lease price, and owning would allow me to increase the insurance deductibles too. Questions: 1) is this a good deal? 2) are there better deals coming -- is it wiser to wait a few months and see if they are willing to charge even less? When I talked to them about 6 months ago, they were not as flexible as they seem to be now.
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Replying to: rundeep3 (Nov 15, 2009 10:45 am)
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