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2013 and earlier Volvo XC90 Lease Questions

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Comments

  • I desperately need to get a car by the weekend! So, can someone please please help me by replying to my earlier post # 1250.

    Best,
    Joy
  • Greetingws Joy. The money factor that you were quoted is not nearly as attractive as the one that Volvo Finance is offering on the 2009 XC90 right now. This probably means that your deal is being run through an independent bank. There's nothing wrong with that, because Volvo is providing special additional cash incentives on XC90s that are leased through banks other than Volvo Finance.

    Specifically, Volvo is providing a $4,750 cash incentive on non-Volvo Finance leases of this model plus an additional $750 holiday bonus cash. Add to this the likely $2,800 or so spread between this model's MSRP and dealer invoice price and you have a total of around $8,300 to play with during your negotiations. Anyhow, the point of all of this was the $11,000 discount that you were quoted looks very attractive. If you like the truck, I personally don't see any reason not to go for it.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hey Joy. Please see my previous post for an evaluation of your deal. Thanks and good luck in your negotiations this weekend.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Car_man,
    Thanks for your advise. By virtue of having good credit score, I was able to negotiate a better money factor (.002158) that lowered my monthly payments by approx $50. In fact, they threw in 'blue tooth' for free. I tried to increase the rebate but they just wouldn't budge anymore and was told that I have "maxed" out by being enrolled in the Costo program. I would have gotten much higher rebate (over $4k) had I been a prior Volvo owner. Overall, I am happy with the deal :)
    Thanks again.
    Rgds,
    Joy.
  • Hi Car Man,

    I am thinking about getting the xc-90 3.2 with versatility (3rd row seat), climate, premium (leather int.) and convenience packages (nav system and seat back monitors).

    The lease rate is $549 with $3971 down ($558 first payment, $1991 tax, $351 paperwork and $895 non-volvo bank fee) for a 48 month term. The residual value is $15,314 based on 31% of the $46,440 sticker price after add'l packages. This is based on 12K miles a month and the lease payments are based on $37,000.

    I think the base price is $34,780, plus upgrades, minus rebates and incentives, gets me to $37,000.

    Any thoughts on whether this is a fair deal?

    Thanks,
    Mike
  • I noticed a typo. The first payment in parenthesis should have been $549. Thanks, Mike
  • I do not know where you live. However, you will be well advised to check with Lawrance Volvo in Walnut Creek, CA. They are offering $13,000 off MSRP from their 08 XC90s (leasing only). On top of that, current Volvo owners get a $2K loyalty discount, a $750 gift card and two ski season tickets.

    Too bad I am not in the market, otherwise I'll jump on it.
  • Thanks, for the note. I am in the NYC area.
  • Can you recap for me the final details of your deal? I'm in Suffolk County and I plan on shopping Georgetown, Hassel and probably Volvoville in Massapequa. Thanks! I'm also a Costco member so I wonder if I could add that incentive to whatever your bottom line was.
  • Hi,

    I am looking to lease a 2008 XC90 V8, and the dealer quote me the following price, can anyone let me know if it is a good deal?

    Trade in: 2006 Volvo XC90 2.5 Liter 36K mile with $16K balance with Volvo Finance,

    Dealer offered:

    Pay off remaining balance of the 2006 car
    $0 drive off
    12K Miles/year
    42 Month @ $615 + tax

    They said this is what they can do through the Costco program, but I have a feeling they can do better than that... any adivise will be much appreciated.
  • Is it possible that you could do better leasing a 2009? I stopped at Volvoville in Massapequa New York yesterday and saw a 2008 in the showroom which was very deeply discounted, but the salesman told me that the Costco program and the lease deals only applied to the 2009 model. Also it's hard to comment on your deal without knowing the msrp of the car you're looking at as well as the price that you negotiated.
  • Hi Crestonave,

    The volvo I was looking at is a XC90 V80 model the MSRP is $55k, and after the negotiated prices is around $39K
  • qbrozenqbrozen Posts: 16,911
    2006 Volvo XC90 2.5 Liter 36K mile with $16K balance with Volvo Finance

    And what did they give you for your car?

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '08 Town&Country

  • they said they will pay off the balance
  • qbrozenqbrozen Posts: 16,911
    They love saying that.

    Yes, they will pay off the balance. They have to pay off the balance. But that doesn't mean they are giving you $16k for the car. They may, for instance, credit you $14k, pay off the balance, and add the $2k balance to your new vehicle.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '08 Town&Country

  • volvomaxvolvomax Posts: 5,274
    That information is incorrect.
    Costco can be used on either the 08 or 09 XC90's.
    The lease incentives are greater on the 08's.
  • Are you suggesting that my sales consultant told me a non-truth :mad: ????

    Thanks so much for this information. Would it be possible for you to recap the lease incentives on the 2008 XC90s? This particular dealer told me that he has five in stock. I went back a bit in the forums and I didn't see any posts detailing the current incentives on 2008s.

    Very much appreciate! Thanks!
  • I have a 2006 XC90 V8 coming off lease next month. The residual is about $31,000. My dealer told me that in the current market the wholesale is around $22,000. I would like to buy the car but will not pay anything close to $31K. Is there any way to negotiate a lower buyout with Volvo finance? Thanks!
  • To answer some questions...
    1- Leasing is better on '09 models. Loyalty+Gift card+Costco applies to 08 and 09 models.
    2- I would suggest anyone who is thinking about buying/financing an 09 XC90 to lease it first then buy it. There is so much alternative leasing money that works out alot better than financing it.
    3- If your lease is with Volvo Finance and you are looking to buy your current lease vehicle, you need to go to your dealership to buy the vehicle. Volvo Finance.does not allow customers to buy their vehicles thru them. Fifth Third and US bank is another story.
    4- Above applies to Southeastern market as I do not have the information for the other markets.
    Hope this helps
  • Thank you! Would you be able to recap the current lease deals being offered for both the 2008 and 2009 XC90 3.2 AWD? I'm interested in 36 months/15k per year. I live in NY. Thanks very much!
This discussion has been closed.