- #28 of 80
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Re: Z Plan XC60 Lease [ucjjg]
by bmhaven
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May 01, 2009 (5:22 pm)
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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.
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- #29 of 80
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Re: Z Plan XC60 Lease [bmhaven]
by ucjjg
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May 05, 2009 (5:33 pm)
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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.
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- #30 of 80
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Re: XC60 Lease Questions [mandeson]
by Car_man HOST
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May 07, 2009 (2:35 am)
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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
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- #31 of 80
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Re: Volvo XC60 Lease Questions [chipk]
by Car_man HOST
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May 07, 2009 (2:36 am)
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Replying to: chipk (Apr 21, 2009 5:19 pm)
No problem chipk.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #32 of 80
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Re: 5K Incentive [teamv]
by Car_man HOST
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May 07, 2009 (2:39 am)
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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
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- #33 of 80
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Re: Z Plan XC60 Lease [ucjjg]
by tsh11
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May 07, 2009 (8:46 am)
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Replying to: ucjjg (May 01, 2009 9:09 am)
Hi ucjjg,
I am also in Michigan and looking for an XC60. What dealer did you use to purchase your XC60?
Thanks,
Terry
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- #34 of 80
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Re: Combination color/interior [westiethewilly]
by maxload
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May 07, 2009 (8:51 am)
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Replying to: westiethewilly (May 01, 2009 3:00 pm)
Black/Lemon Green is available with all exterior colors except Red, Silver, and Bronze. If you configure the car on Volvo's website it show you want combinations are not available. I ordered a Saville Grey with Black/Lemon Green interior.
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- #35 of 80
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Re: Combination color/interior [maxload]
by westiethewilly
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May 07, 2009 (11:17 am)
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Replying to: maxload (May 07, 2009 8:51 am)
Thanks for the reply ! How do you like the combo ? I can not find this combo in any dealership in NJ for a personal look. So, I am hesitant in putting a order in. I think the Lemon color offers a lighter twist in the darkness of the rest of the car. And I am tired of beige interiors, refering to the expresso combo.
I want the climate, convenience, and multimedia pkgs with xenon . Do you or anyone think in the mid 500.00 a month on 36 month lease w/15k. with tax nothing down except inception, 1st month, MV, and bank fee. Do able ? I know the $ 5000 plus $ 1000 incentives are still available.
Also, did yours come with the wood or not ? or you prefer the all metal.
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- #36 of 80
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XC60 Lease Details
by tsh11
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May 08, 2009 (5:05 pm)
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What do you guys think of the following offer to lease:
MSRP: $44,495.00
A-Plan Price: $42,125.00
Rebate: $5,000.00
Gross Cap Cost: $37,125.00
MF: 0.0024
Residual:. .46% for 36 month lease with 15,000 miles per year
Due at Signing:$1,478.59
Final Payment:$639.39
The lease is through US Bank and the dealership also offered me an extra $1000 for coming out of an Infiniti lease.
Thoughts?
Thanks in advance!
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- #37 of 80
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Re: XC60 Lease Details [tsh11]
by westiethewilly
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May 09, 2009 (3:18 am)
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Replying to: tsh11 (May 08, 2009 5:05 pm)
I am looking for a similar car with that MSRP. With the extra 1k, that brings the sales price to $ 36,125. I am sure you can go another 1k lower to bring it closer to invoice. I would not get the car other than at invoice or lower which should lower payments to High 500. or low 600 depending your sale tax rate.
The rebate of $ 5k and $1k are misleading in that without them the car would be price out. Because of the low residual and high money factor. the payment is not far from a ML350, GLK, RX350, MDX. All these cars have a lot higher MSRP but high residual and lower money factor.
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