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Wagons Volvo XC70 Volvo XC70: Lease Questions
269 messages, Last post on Dec 05, 2009 at 6:20 PM
You are in the Volvo XC70 Forum. Your Host is kcram
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I just received a quote on a base xc 70 with the x-plan for a 36 month 15K lease 787 due on delivery with a monthly of $407. Is this a goo deal I am in Ohio
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Replying to: rogerbalser (Oct 17, 2008 2:50 pm) I just had my 2007 XC70 in for a service appointment and got a 2008 XC70 as a loaner. Eventhough the 2008 has more horsepower (235) on paper, I found it underpowered and sluggish compared to the 2007 (208 hp). I also wasn't crazy about the look inside. If I decide to turn in my car and lease a new one, I would get one of the 2009's with the V6 3.0 l engine that has 281 hp. That being said, if you really want to get the car and its the 2008, you should at least get the premium package and climate package (possibly something else thrown in) and convenience package at that price. Its a bit of tough negotiating but unfortunately times are tough and 2008 Volvo XC70's are not flying off the stores. Check the dealer inventory and see how many they have and what comes with those cars, then choose one and negotiate on that one (preferrably using email). You live in Ohio but times are tough, I bet a dealer a few hours away from you would still love to sell you a car. Don't let yourself be limited by the local dealer, you can always service it there. Also, the local dealer might try to not lose your business and therefore may give a better deal. Also, the X-plan (I also tried it), VIP, etc. are all marketing gimmicks. Just email them and say I dont want to know what plan you are using, etc. Just give me your best price. One last thing, unless you havev your heart set on the XC70, also checkout the passat wagon, Subaru Outback, and I really like Mazda CX-9s. All three have a better ride that the new volvos. Sorry for the long answer. Again, I am just a consumer not a professional and these are just my opinions.
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Replying to: vancouver83 (Oct 17, 2008 3:29 pm) I'm not surprised. Its 400 lbs heavier and has the same torque as yours. And your torque peaks 1700 rpms sooner, to boot. OH, AND the new one gets worse gas mileage! So much for advancing the model. |
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Replying to: qbrozen (Oct 20, 2008 11:17 am) I'll probably keep mine or weight until the 2009's go on sale (with the better power). But still, I dont really like the look of the new XC70's. I also heard that SAAB is completely redesigning their cars, maybe their new wagon (due in 2009 or 2010) will be nice. Who knows.
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Replying to: vancouver83 (Oct 20, 2008 3:51 pm)
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Replying to: qbrozen (Oct 21, 2008 6:59 am) |
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Replying to: qbrozen (Oct 20, 2008 11:17 am) My wife loves the 2008 XC70 for the ride quality, but it is an extremely inefficient vehicle. We're lucky to get 20 mpg. The engine is harsh. The transmission is unresponsive. The vehicle is heavy and so slow that it's almost dangerous to merge into fast moving highway traffic. Contrast that with my 2008 BMW 535xi wagon with 300hp six cylinder engine that goes 0 - 60 in 5.4 seconds and averages 26 mpg on the highway. Volvo is no BMW, but surely they can invest in an efficient engine and shave a couple hundred pounds off the vehicle. The XC70 is a safe, comfortable pig of a vehicle. Several manufacturers, including Volvo, are turning to twin sequential turbo chargers to improve performance efficiently. Unfortunately, we'll pay more than $2,000 extra for a 2009 turbo XC70 T6 just to get barely adequate performance and mediocre fuel efficiency. |
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I think this may be an ok lease deal, but compared to the deal I got on my acura MDX a year ago it sort of sux. I guess RV's are way up now, with the credit crunch. Anyway, I want to get a new 2009 XC70 with most of the bells and whistles, no turbo. We are on the A plan, and the invoice is roughly 42.5K. There is an invoice rebate of over 5K, and our trade in value is 6K, plus they are giving us 2K loyalty incentive on the trade in (2004 S60). I know that sounds like a helluva lot of incentives. The RV is 19k. I don't know the money factor. There were a couple of more incentive thrown in. --Overall the price was $36,450 after incentives, not including the trade in. --The trade in went to fees and up front costs plus first month payment, a total of $1500, and the rest toward reducing the monthly payments. --The monthly fee ends up at 496.68 including tax. Is this an ok deal? I ask because my 46K acura with a 6K trade in and no other incentives costs me $515/month, way less. I don't remember the #'s, but I suspect the RV was much higher. Are the lease prices actually higher now, because of the credit situation? Thanks SR
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Replying to: srmd22 (Nov 13, 2008 6:44 pm) As for the deal, I am no expert but I always thought that incentives were just "flash" to get you in. Basically, you have to ask them what is the lowest they can do for you given every factor. After that, go to another dealer and see whats "their best." Of course, I recommend doing this all via email (maybe a call). Anyway, the residuals have come down which means that you pay more. Also, I don't think you are getting a fantastic interest rate but you can find that out for yourself. The other thing is not to tie yourself down to one car, I like my Volvo but for example the Mazda cx-9 is rated better on many levels and without any incentives their price beats what you are quoting for the XC70. They need you, you dont need them, I think you can shave some more off. Whats the worse that can happen, you go back and they give you the same deal. Again, this is just my opinion, whatever decision you make will be the right one for you. |
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