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Volvo XC70: Lease Questions

269 messages,  Last post on Dec 05, 2009 at 6:20 PM

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What is this discussion about? Volvo XC70, Car Leasing, Wagon

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#256 of 269 Re: 2009 XC70 [dpeck1] by Car_man HOST Apr 16, 2009 (2:02 am)
Replying to: dpeck1 (Apr 15, 2009 3:27 pm) I sure do, dpeck1. Unfortunately, Volvo is not currently providing any lease support on the 2009 XC70. You definitely don't want to lease one through Volvo Finance right now, its lease money factors are around .00500, which is equivalent to an interest rate of around 12% .   You can lease one through an independent bank and take advantage of the $5,500 dealer cash and $1,500 cash incentive for leases through anyone other than Volvo Finance if you want though.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#257 of 269 Lease or Purchase, 2009 XC70 T6 by shs111 Apr 17, 2009 (2:47 pm)
I've got a 2004 XC70 which is starting to run up some pretty sizeable service bills. I'm thinking about getting a 2009, I know it's not the best car out there but I just happen to like the dealer, the service, the car itself (previously also had a 1998 V70). I find that I tend to keep a car between 5 and 6 years, and have always purchased, not leased. I put somewhere between 12K and 14K annually on the car. What would you recommend: purchase or lease?   Many thanks. Replies to this message: luisja2000 (Apr 17, 2009 5:14 pm) shs111 (Apr 18, 2009 2:20 am)
#258 of 269 Re: Lease or Purchase, 2009 XC70 T6 [shs111] by luisja2000 Apr 17, 2009 (5:14 pm)
Replying to: shs111 (Apr 17, 2009 2:47 pm) I have a 2008 and I've wasted too much time at the dealer, the dealer people are nice, no question about it, but I cannot be there every other week, my recommendation is stay away from this car for a couple years until they can improve it, see reliability at consumerreports or even the editors score at edmunds, they failed pretty badly with this model. I am like you, I like the car inside and out but too many problems that are not worth the money, evn when they are giving almost $7500 rebate away, that should tell you that they are not selling this car, not just becuase the recession but because people are realizing that is not worth the headache. I can wait to december 24th to return mine and be free again. Good luck with your decission, if you want a list of all the problems I´ve had I will be more than happy to give it to you. Replies to this message: shs111 (Apr 18, 2009 2:20 am)
#259 of 269 Re: Lease or Purchase, 2009 XC70 T6 [luisja2000] by shs111 Apr 18, 2009 (2:20 am)
Replying to: luisja2000 (Apr 17, 2009 5:14 pm) Many thanks for the reply, Luisaja. This surely reinforces my thoughts about leasing rather than purchasing. I'm actually starting to think about the XC60 instead, although obviously the car is too new for us to know about reliability.
#260 of 269 2009 Volvo XC70 -- two-year lease? by jaa37jaa37 Jun 20, 2009 (8:30 am)
Hi Car_man (and others) -- anyone know what the money factor and residual, etc., would be for a two-year, 12,000-a-year lease would be on XC70s? Any cash back deals? We have a 2007 lease that is ending soon, and we're trying to decide whether to extend the lease for a few months, get a new lease or try a different model. Anyone have any advice on extending a lease? Replies to this message: Car_man (Jun 23, 2009 2:24 am) luisja2000 (Jun 23, 2009 5:36 am)
#261 of 269 Re: 2009 Volvo XC70 -- two-year lease? [jaa37jaa37] by Car_man HOST Jun 23, 2009 (2:24 am)
Replying to: jaa37jaa37 (Jun 20, 2009 8:30 am) Hello jaa37jaa37. I don't believe that Volvo is currently providing any lease support on the 2009 XC70 through Volvo Finance. If you really want to lease one, you would be better off doing so through an independent bank than through Volvo Finance. Volvo is currently providing a $1,750 cash incentive on leases of XC70 3.2s through independent banks.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#262 of 269 Re: 2009 Volvo XC70 -- two-year lease? [jaa37jaa37] by luisja2000 Jun 23, 2009 (5:36 am)
Replying to: jaa37jaa37 (Jun 20, 2009 8:30 am) If I were you I would not even consider to get a Volvo, read my postings from before the 2008 XC70 is just a pool of problems, I get something new every other week and of course Volvo US or the dealership could care less. I imagine their sales are down so badly due to quality and reliability issues that they have to put the 5 year Complimentary Maintenance Program but unless you are willing to go to the shop every other week and suffer your car experience throughout your lease term I would not purchase a Volvo. Check Consumer reports or Edmunds and you will see what I am talking about.
#263 of 269 XC60 Lease help needed by red35 Jul 07, 2009 (8:18 pm)
We are completely frustrated... I am trying to negotiate a lease with the local dealer and feel like I am getting the "run-around" I can not seem to get the lease numbers written down on paper from them - what it looks like I am getting is: XC60 T6 MSRP $38200 Money Factor .00225 (is this good? I have Excellent credit) Local tax 8.75% Residual $13000 (this seems low to me) $1861 down payment monthly payment of $532 48 month lease going through USB Leasing   I am happy to try to work with them but feel like I am not getting a "fair" deal...   There has been some double talk about USB "Buying down" the MSRP by $6000 - can you tell me what this might mean...   I have had two leases back to back with Volvo and have never had any issues in the past... same dealer...   I appreciate any help you can give -
#264 of 269 Tire Debate by meteop34 Oct 14, 2009 (8:42 am)
I am leasing a 2007 XC70 and the lease is up in about 9 months. I now need to replace all 4 tires and have heard a lot of great reviews from XC70 owners on Nokian tires. All of these owners have upgraded the size from OEM 215/65/16 to 235/60/16.   Should I worry about paying a penalty when I return the car if the tire size is different from OEM? Replies to this message: Car_man (Oct 16, 2009 1:55 am)
#265 of 269 Re: Tire Debate [meteop34] by Car_man HOST Oct 16, 2009 (1:55 am)
Replying to: meteop34 (Oct 14, 2009 8:42 am) Hi meteop34. It wouldn't hurt to check with the bank that you are leasing through to make certain, but generally speaking most banks don't care of a vehicle has different tires on it than the ones that it originally came with...as long as all four new tires match.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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