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Volvo XC60 Lease Questions

77 messages,  Last post on Nov 01, 2009 at 5:12 PM

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What is this discussion about? Volvo XC60, Car Buying, Car Leasing, SUV

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#23 of 77 Re: Volvo XC60 Lease Questions [chipk] by serdarfl Apr 22, 2009 (11:41 am)
Replying to: chipk (Apr 21, 2009 5:19 pm) US Bank base rate up to 39 months is 0.00224 and between 39 to 48 months is 0.00214. Dealers can mark up this rates but cannot lower them.
#24 of 77 European Delivery and Conquest Cash by checkitfast Apr 25, 2009 (10:50 pm)
Does anyone know whether #2- the Conquest cash is available if I take European Delivery for the XC60?   Drove this car and it's great...will trade bmw for it. and that's sayin a lot.   Thanks
#25 of 77 Z Plan XC60 Lease by ucjjg May 01, 2009 (9:09 am)
Thought I'd share with you the facts & figures of our new XC60 Z plan lease:   Options: Black sapphire paint, convenience, climate, BLIS, PCC, booster seats, panoramic roof, Dual DVDs, front bumper bar, rear skid plate.   MSRP: $46,140 (incl. $825 destination) MRM (maximum residualized value): $43,000 Selling price: $42,152 (invoice price) - $5000 (incentive) = $37,152   Residual = 47% MF = .00023 Term = 39 months / 15,000 miles Michigan tax = 6% Payment = $614.92   Drive off cost: ~$700 (1st payment, registration, etc.)   Bonus: The dealer presented us with a check for $505 to cover the final lease payment on my wife's existing GM vehicle. They wanted to make a sale and this was a pretty cool angle.   Excited to pick the car up next week. Replies to this message: bmhaven (May 01, 2009 5:22 pm) ucjjg (May 05, 2009 5:33 pm) tsh11 (May 07, 2009 8:46 am)
#26 of 77 Combination color/interior by westiethewilly May 01, 2009 (3:00 pm)
Does anybody know if interior color of Black/Lemon Green come with any other exterior color than Green ? I like the Savile Gray with the two tone of Black/Lemon.   Also, I was told that for MAY, the incentive program of $ 5,000 stays. I was not told about the extra $ 1k off if you cuurently drive a Lexus, Acura, Mercd., ect. But I would that offer too.   Even with $ 6000 off the price at invoice with the car loaded, you are talking around $ 600 a month with tax. Nothing down across ! except for inception.   This seems to me around the same monthly lease for a RX,and GLK. Even, the ML 350 is close with its own incentive. Replies to this message: maxload (May 07, 2009 8:51 am) westiethewilly (May 07, 2009 11:17 am)
#27 of 77 5K Incentive by teamv May 01, 2009 (3:04 pm)
Does anyone know if this incentive is still good for May? And how is it applied? To the sales price, MSRP, or total - sales price + taxes + fees?   Thanks. Replies to this message: Car_man (May 07, 2009 2:39 am) westiethewilly (May 11, 2009 6:36 am) Car_man (Jun 23, 2009 2:18 am)
#28 of 77 Re: Z Plan XC60 Lease [ucjjg] by bmhaven May 01, 2009 (5:22 pm)
Replying to: ucjjg (May 01, 2009 9:09 am) ucjjg,   What outside lender was used to get the .00023 MF? From what I understand the MF through US Bank is .00224. Nice deal with all the options you got. Replies to this message: ucjjg (May 05, 2009 5:33 pm)
#29 of 77 Re: Z Plan XC60 Lease [bmhaven] by ucjjg May 05, 2009 (5:33 pm)
Replying to: bmhaven (May 01, 2009 5:22 pm) It is a small institution called Lake Michigan Credit Union. My sense is that there was some markup on the money factor given that we have A+ credit and the .0023 rate is less than stellar. With so few comparative data points I figured it was within the "range" and not worth pressing. One way to look at it is that given the $505 check the dealer cut to us...there was clearly some profit margin left in the deal. One source could definitely be a markup of the money factor. I will say that the dealership experience was outstanding and reduced my interest in nickel & diming much further.
#30 of 77 Re: XC60 Lease Questions [mandeson] by Car_man HOST May 07, 2009 (2:35 am)
Replying to: mandeson (Apr 21, 2009 1:01 pm) Hello mandeson. I have seen Volvo Finance's current lease program for the XC60, but not US Bank's. Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a non-base 2010 XC60 with 12,000 miles per year are .00243 and 54%, respectively.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#31 of 77 Re: Volvo XC60 Lease Questions [chipk] by Car_man HOST May 07, 2009 (2:36 am)
Replying to: chipk (Apr 21, 2009 5:19 pm) No problem chipk.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#32 of 77 Re: 5K Incentive [teamv] by Car_man HOST May 07, 2009 (2:39 am)
Replying to: teamv (May 01, 2009 3:04 pm) Hi teamv. The $5,000 cash incentive for leases of the XC60 through independent banks is still available in May. Dealers receive this cash for every lease that they run through a bank other than Volvo Finance. They are free to use the cash as they choose. Make sure that they reduce the selling price that you have negotiated by that amount.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: westiethewilly (May 11, 2009 6:36 am) Car_man (Jun 23, 2009 2:18 am)

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