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2013 and earlier Volvo XC90 Lease Questions



  • Hi sluurrpee. Unfortunately, I don't know what US Bank's lease program is like on this model right now, but I can tell you that Volvo is currently providing a $5,000 cash incentive on 2009 XC90 V6 models that are leased through banks other than Volvo Finance.

    Prices Paid: Buying & Leasing Experiences Forum
  • You're welcome, daisyr. Dealer invoice minus the long list of cash incentives that you mentioned is a very good price. The main thing that I would have done differently on this deal is not use the proceeds from your trade as a capitalized cost reduction. I would have had the dealer cut me a check for it instead. Also, I can't imagine myself leasing a car that has a 28% residual value. That is unbelievably low. At that point one might as well just finance the entire vehicle. If I was set on leasing, I would lease something that has a 36 month residual value in the 50% or high 40% range.

    Prices Paid: Buying & Leasing Experiences Forum
  • eights38eights38 Posts: 137

    2009 Volvo XC90 3.2L AWD
    36 Months - 12,000 Miles per Year - 0.00250 Money Factor - 36% Residual
    39 Months - 12,000 Miles per Year - 0.00250 Money Factor - 34% Residual
    42 Months - 12,000 Miles per Year - 0.00250 Money Factor - 32% Residual
    48 Months - 12,000 Miles per Year - 0.00250 Money Factor - 28% Residual
    51 Months - 12,000 Miles per Year - 0.00250 Money Factor - 27% Residual
    * Subtract 1% from Residual for 15,000 Miles per Year. 10,000 Miles per Year Not Available.

  • Hi Folks,
    I am currently leasing a 2007 XC90 and my lease expired this month. I am 10k miles over my leasing aggrements mileage and looking to lease a V70 2008 fwd msrp $33 685. I want to reduce the monthly payment and would like not to have any cash outlay. Any information would be appreciated.
  • Hi Car man - you had mentioned a new program for the Volvo XC90 for January. Is there a new program? Is the program you had outlined (the one with major cash incentives) still active? Thanks so much for the great info.
  • volvomaxvolvomax Posts: 5,274
    2008's can't be leased anymore.
    Even when they could, the V70 didn't lease well as Volvo didn't support the car.
    You are better off looking at another XC90, although lowering your payment is going to be very very difficult.
  • Carman,
    Do you think it would be in my best interest to buy out my current XC90 and will my payments be less?
  • Just went to a dealership in NJ and looked at a 2009 XC90 3.2 AWD. Premium Package and Climate Package. 5 - passenger.
    Factory to dealer incentive. $1500
    Volvo Lease support. $5000

    MSRP: $41795.00
    price: $32918.00 (with dealer incentive and lease support)
    Miles: 15000
    Term: 36 Months
    Residual: .37
    Adj Residual: $16354 (on sheet. doesn't add up to 37% of MSRP)
    MF: .00240
    AQ Fee: $995.00
    Govt Fees: $500.87
    Taxes: $1541.05
    Doc Fee: $199.00
    Security: $0

    Due at signing: $3814.28 (Taxes + Govt fees + Aquisition Fee + Doc Fee + first Payment).

    monthly payment: $578.36

    Salesman said they could move a little bit on the price to lower the payment. hundreds not thousands. We are just shopping around at this point but since he printed out the exact terms for me I figured I could post it here and see how the deal stacked up. Any input would be appreciated.

    Thanks, Tom.
  • I am currently leasing a Nissan Xterra Suv 2006 that will expire in 120 days and I have been talking to three volvo dealerships in Los Angeles that do European Delivery. Recently, I was quoted a very high rate and told that Standard Rates must be used: (Here's the message below from one dealer)
    --------------------------------------------------------------------------------- - - - - - -----------------------------------------
    Hi Gary,

    Worked up a 2009 lease on a base XC90 and your payments were 932.00!
    This is because we must use standard rates, no lease discounts, etc

    --------------------------------------------------------------------------------- - - - - - --------------------------------------- :confuse:

    Is there any way I can make this payment less per month without having to pay a very high down payment? And why are the rates so high with Volvo for E.D lease program? I thought this would be reasonable? My first expectations were $2000 walk off lot with a $400 dollar or less monthly fee for Base XC90 that would be in stock and not having to worry about the building the vehicle fees. I'm going to phone Volvo Customer Care and see if this Standard Rate is legit! It seems really high. I heard that the sales people do not make that much money off of E.D lease deals compared to selling or leasing a car off from there own lot and it seems like some of these dealers will try to sway you into buying or leasing a car off from there lot.
  • Hi speck37. Here are the details of the new January lease program for you. The following numbers are for 36 month leases with 15,000 miles per year:

    XC90 5 Passenger 3.2 AWD: .00257 / 39%
    XC90 7 Passenger 3.2 AWD: .00229 / 39%
    XC90 5 Passenger 3.2 FWD: .00244 / 37%
    XC90 7 Passenger 3.2 FWD: .00210 / 37%
    Base XC90 3.2 FWD: .00022 / 35%
    XC90 V8 AWD: .00139 / 38%

    Volvo is currently providing a $1,500 cash incentive on leases of this model through Volvo Finance.

    Volvo is providing a $5,000 cash incentive on leases of non-V8 models through independent banks and $8,250 on the V8,

    Prices Paid: Buying & Leasing Experiences Forum
  • volvomaxvolvomax Posts: 5,274
    The reason why the Volvo standard rates have to be used is because no outside lender will do a lease on a European Delivery car.
    Also, since you are already getting the European Delivery discount on the car, the special rates that apply to the normal cars bought at the dealer do not apply either.

    If you want to lease, take a car out of stock.

    Overseas Delivery is a wonderful experience, we are one of the top OSD retailers in the country. But, it doesn't work unless you can pay cash.
    99.9% of our OSD customers do just that.
  • Hi,

    When you say "take a car out of stock". Do you mean have the car built for me? If this is what you mean then I know that this will cost twice as much for the drive off. I asked the dealers about getting a vehicle in stock to save myself around 3 grand. Basically the difference was from 2 grand to possibly 5 grand for drive off cost if I get the car built that's not in stock.

    Also when you say, "But, it doesn't work unless you can pay cash." Do you mean it's better if I purchase the vechicle and do a 5 Year payment plan European Delivery instead of trying to do a 36 month lease European Delivery?
  • volvomaxvolvomax Posts: 5,274
    I am saying that you CANNOT lease a car via the European Delivery program UNLESS you use the standard VFNA rates.
    No bank or lease co will finance ot lease a European Delivery car.

    If you are leasing, take a car that is already at the dealership.
    If you can pay cash for a car, take the European Delivery option.
  • Volvomax - Do you think that Volvo will increase the incentives to lease through independent banks at the beginning of Feb? Even with the current incentives and dealer discounts the residual and MF are not good enough to make the XC90 an attractive lease. Any insight is appreciated.

    What selling price should I be able to negotiate on a 2009 XC90 3.2 AWD before the incentives? Invoice less xxxx? Invoice + xxxx?

    Anyone know if Volvo will partner with Costco again soon on this as well?

    Thanks to all!
  • volvomaxvolvomax Posts: 5,274
    We don't know what the new programs will be.

    The residuals and MF's are real world numbers. The days of really cheap leases are over I'm afraid.

    Right now, there are no plans for another costco deal anytime soon.
    If there is going to be another one, it won't happen until summertime.
  • Hello,
    I'm selling my 06 Audi Avant to make room for my growing family. I've decided to lease an XC90 because I don't want to commit long term to a non-hybrid SUV. I want leather, heated seats, and a third row. I don't care about the rest. Here's the deal I've been offered (not impressed, especially because it's for 48 not 36 months):
    > 3 years / 36000 miles free maintenance
    > All Wheel Drive
    > Metallic paint
    > Climate
    > Premium
    > Versatility
    > Hands free Bluetooth
    > Wood steering wheel
    > Retail price $ 44895.00
    > 48 months lease, 12000 miles per year for $539.63 per months.
    > $2500.00 cap cost (includes first month payment & owner loyalty) plus applicable taxes and tag fee. Residual value at the end $13468.00.

    Please give me your feedback. I'm new to SUVs and new to leasing. I have a new baby, so I don't want to waste a lot of time negotiating, but I want the best deal.
    Thanks so much!
  • Car man,

    Do have the lease terms for February on the XC90? Thanks.

  • zamozamo Posts: 120
    Residuals have tanked dramatically on SUVs, so I might say that your deal is fair.

    $13468.00 residual is just horrible. I will be buying this one 4 years from now.
  • Just signed on an XC90 lease. I think I got a pretty good deal, here are the numbers

    3.2 AWD, Climate, versatility, Premium, Bluetooth, Backup Sensors, metallic paint
    12,000 Miles
    3 Years
    $1450 Down (7% NJ tax rolled into payments)
    $606 per month
    No Volvo loyalty applied to final numbers

    If I didn't roll taxes in, it would have been 557 per month with 2800 Down
  • Congrats speck37!
    Looks pretty good. Would you mind sharing the dealer contact info, as I'm in NYC and XC90 is one of my choices.
This discussion has been closed.