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Prices Paid: Buying & Leasing Experiences Volvo XC60 Lease Questions
77 messages, Last post on Nov 01, 2009 at 5:12 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Carman: Do you think this $5,000 wil be around in May? A rep at the NY autoshow also told me that in addition to the 5K, they offer an ADDITIONAL $1,000 conquest cash for owners of Audi, BMW, Mercedes. I am trying to lease a XC60 with an MSRP of 44,000, cold weather, nav, etc. 15,000 miles a year 36 months. What type of discount can I expect off teh MSRP, before the incentives? What should the monthy payment be, assuming I can get the car for 42500 minus the $6,000, so a selling price of 36500? Thanks!!!! |
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Replying to: dpeck1 (Apr 13, 2009 4:15 pm) 2- Conquest money is $1,000 if a person in the same household owns a Mercedes, BMW, Audi, Acura or Lexus. For instance, your wife is driving a Mercedes, then yes you do get the conquest money. 3- Panoromic sunroof is free of charge until further notice. Most if not all the cars in South Florida have panaromic roof. 4- Dpeck1, more than likely they will keep the $5,000. Without any additional money on the car lease would have been thru the roof. 5- Keep in mind that usually when a new car launches the residuals are set high. Volvo will introduce the 3.2 FWD version of the car though there is no specific date yet.
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Replying to: serdarfl (Apr 14, 2009 1:27 pm) 2. I was told last week that the dealerships should find out on 4//15when Volvo updates their incentives if it includes a loyal customer incentive of $1000 since so many people have been upset that there wasn't one. 3. Also, we could only get them to drop the MSRP by $1000 off our fully loaded model and they only did that after we said we were going to look at Lexus again. So we'll get $6000 off the MSRP. 4. We also found out that US Bank has a maximum they are willing to residual of $43,400, so while that actually lowers the residual value of the car, it doesn't affect the actual incentive amount they take off the MSRP. So, in the end if we decide to buy it, then we'd get it for a lower amount than if the full MSRP had been residualized. 5. My car just came in on the truck this afternoon. Picking it up Saturday! It's a real beauty! I bought a black sapphire body with black on black interior (which looks dark gray) with the stainless interior. Looks a LOT sharper than the blond wood and mixed color seats.
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Replying to: baygirl1 (Apr 14, 2009 2:49 pm) 2- Volvo tweaked the XC90 lease program by releasing additional money($500). Everything stays the same on the XC60. 3- You got a fair price regardless of the economy. This is Volvo dealerships one and only chance to make some profitable deals if they can until the '11 S60. 4- You are right on the car being only residualized up to 43,200. So if the car is 45,000 the 2,000 dollar portion does not residualize and it pretty much becomes 2,000/39= around $50 increase on a 39 month lease. Pretty stupid. But it is not Volvo who sets the residuals. 5-I agree on the aluminium inlay being better looking than the wood. Have fun with the car! |
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Replying to: krusemark (Mar 26, 2009 9:46 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: dpeck1 (Apr 13, 2009 4:15 pm) Volvo's current lease program for the XC60 is only scheduled to run through the end of the month. If I had to make an educated guess though, I'd say that it will probably be around in some similar form through the end of the quarter. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I was hoping to give others some information and maybe get feedback on this deal. I don't have the paperwork right in front of me, but here's the big stuff: Black (non metallic) with BLIS and PCC as only options MSRP about 39000 48 months, 15,000 miles per year $539/month, only first month paid at signing Residual value around 14100 It was through US Bank taking advantage of the $5000 incentive and X-Plan discount through my employer. Any thoughts? |
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Car_man: I'm looking to lease an XC60 and was able to confirm the available lease cash of $5000 and conquest offer of $1000. I'm told with US Bank tier 1 approval the money factor is .00222 and residual is 47% with 12,000 miles per year. Is this the same information you have? What are the rates and residuals for April through Volvo Financial?
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Replying to: Car_man (Apr 16, 2009 1:44 am)
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Replying to: chipk (Apr 21, 2009 5:19 pm) |
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