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SUVs Volvo XC90 / XC60 Volvo XC90: Lease Questions
1550 messages, Last post on Dec 06, 2009 at 3:00 PM
You are in the Volvo XC90 / XC60 Forum. Your Hosts are steve_ & tidester
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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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Replying to: crestonave (Nov 15, 2009 8:56 pm)
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Replying to: rundeep3 (Nov 16, 2009 8:43 am) |
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Replying to: crestonave (Nov 15, 2009 7:31 am) Regarding your comment about it being a "slug" - I agree. My wife picked out and loved our '07. She was happy with it until she drove an X3 and really, really enjoyed the newfound handling/drivability. We only have 1 child so the reduced space hasn't been an issue yet. Child #2 is on the way and she tells me she wants a Thule roof carrier instead of upsizing because it's more fun to drive and easier to park in day to day use. If we need more room we'll most likely consider the XC90 again because we were both happy with it.
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