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Prices Paid: Buying & Leasing Experiences Volvo XC60 Lease Questions
80 messages, Last post on Nov 30, 2009 at 7:47 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: kimber7 (Sep 20, 2009 4:12 am) For a lease on any non-base XC60, you will probably be better off going through a bank other than Volvo Finance and taking advantage of the $3,000 to $4,000 in additional cash that is available on leases of this truck through independent banks. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: fantom (Sep 23, 2009 5:12 pm) the $3,000 that you mentioned is "Alternative Lease Assistance." This means that it is only available on leases of this truck through any bank other than Volvo Finance. If you decide to lease the XC60 that you are interested in say through US Bank it would be eligible for this additional cash on top of the one grand dealer cash. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Sep 24, 2009 2:14 am) This is my best understanding on a 3.2L XC60 lease this month: * $1,000 Dealer cash incentive applies. * $3,500 Customer cash incentive applies, but ONLY if leased through US Bank. * 5/5/5 Safe+Sound coverage special may end on 9/30, along with the two incentives, above. * No data is available on ordering the R option for an XC60 yet. * The 36 month residual from US Bank is 42%; the 48 month residual is 33%; and the lease money factor calculates out to about 5.2% APR. Assuming the above is correct, I'm hoping that like for the past several years, incentives will not be reduced through the end of the year, that I will be able to custom order an R, and that maybe, Costco will again run an end of year super special. Please comment on my "facts", and my assumptions. Why is US Bank the only leasing agency I can use, and who the heck are they? Your knowledge, insights, and help is most appreciated!
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Hi Everyone, Really need your help here. I'm interested in buying or leasing (which ever is the better bang for the buck) a 2010 XC60 with Premium pkg, climate package and BLIS. I'm willing to even order the car but still want to ensure a great deal... What's the lowest they'd be willing to go on a selling price for such a car? Thanks |
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Replying to: Car_man (Sep 24, 2009 2:14 am) When and where does this information become available? I was at the dealer last night, and this mirrored exactly what they were able to offer me, invoice minus $1000 dealer incentive and $4000 Alternative Lease Assistance plus the 5 year/60K maintenance/warranty, etc... Unfortunately the car was missing the BLIS feature and I hitch, and they are trying to locate one for me with the equipment I want, but if it does not happen today, how will I know tomorrow what the October incentives are? Most people are confident the safe & sound will continue, but I don't know about the other incentives. Thanks! MC
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Replying to: mkny83 (Mar 22, 2009 4:40 pm)
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Replying to: cmarselle (Sep 30, 2009 1:27 pm) The dealer with whom I've been working has been very forthcoming with all the information needed to calculate the lease payment (cap cost, money factor, residual), however, not all dealers are willing to share this information. My opinion is to not do business with a dealer who does not share all the information required to determine the lease payment. |
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Can anyone confirm the lease cash amount for an XC60 3.2? Edmunds lists it as both $3,750 and $4,250 with no differentiation in the qualifications. My dealer is saying the lease cash is only $3,250 and then is mentioning another $750 which I assume is the dealer cash. Can anyone confirm what the actual lease cash is?
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Replying to: fantom (Sep 25, 2009 2:34 pm) US Bank is a major national lending institution. I recently heard that Volvo is essentially shutting down Volvo Finance and that it will run all of its future lease specials through USB. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: microchip (Sep 30, 2009 10:56 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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