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2013 and earlier Volvo XC90 Lease Questions
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Comments
The local dealer says my out-the-door cost will be $23,000 plus tax and a dealer fee of $499.
I know that I have to pay tax... but what about this dealer fee? I could not find it anywhere on my original lease contract with Volvo Finance.
Is this fee legit or a negotiable item?
Thank you!
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
FWIW, I called other Volvo dealers here in Georgia and apparently they all charge a dealer fee on a lease buyout. This fee is supposedly for doing all of the "paperwork" involved in the ownership transfer (yeah right).
Can you please post the Volvo XC90 lease numbers for Feb 2009 and any known incentives?
I'm looking at a 2009 3.2 AWD with Climate, Convenience, Versatility, & Premium pkgs.
And want to know money factors and residuals on 36 month, & 48 month, 15K/yr mileage leases.
Thanks!!!
There is nothing in this for the dealer, so you do have to pay for the dealers time.
Nobody wants to work for free. Especially these days.
If $500 is going to break you buying out your lease, don't buy the car. Return it and buy something else.
Whether or not I can afford to pay $500 for the dealer fee is irrelevant. My only question was if this was a legitimate fee since it was not shown on ANY of my lease agreement contracts. Since it appears to be legitimate, I'll pay it.
Don't get me wrong, I want the dealers to make enough money to stay in business, but I'll be damned if it's going to be from "paint protection", pinstripe, and nonsense "market adjustment" schemes (or made-up dealer "fees").
Lastly, I don't appreciate the sneering tone of your reply.
While everything is negotiable, I suspect the dealership will be firm, make some profit (not a bad word), and if you buy it, you'll get an unexpected great deal.
Enjoy!
chill, dude. internet posts can't really have a "tone." I read vmax's reply as being very matter-of-factly. I don't believe any offense was intended.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
$475 ,monthly lease on a VC90 with $3800 down (includes bank fee), 36 month lease, 15k miles. Features: navigation, premium seating, climate.
Just came to me and was hoping for a quick reaction. Thanks for the help.
1) Is the $475 the complete monthly payment ("out the door") or do you still need to add tax?
2) Does the $3800 include First/Last month payment, Security Deposit, Registration, etc?
If $475 is the total payment and there is no "Cap Cost Reduction" in your downpayment then i would say it's ok.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
Car model facts: v6, awd, 3rd row, MSRP = $48k
Terms: Tax not included -- it's on the top unfortunately. No security deposit.
Volvo Finance's lease program for the XC90 varies by trim level, term, and mileage allowance. You never mentioned what any of these variables are, so for now I will assume that you are interested in a 36 month lease of an '09 XC90 3.2 AWD 7 Passenger with 15,000 miles per year. Let me know if you want something different.
Volvo Finance's current buy rate lease money factor and residual value for the aforementioned vehicle and terms are .00188 and 39%, respectively.
When negotiating your lease on this vehicle, make sure to take advantage of the $1,500 dealer cash that Volvo is currently providing on it.
If you opt to lease your XC90 through a bank other than Volvo Finance, you can take advantage of an additional $6,000 cash incentive.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
When negotiating your lease on this truck, make sure to take advantage of the $1,500 cash incentive that it currently available on it.
If you choose to lease it through a bank other than Volvo Finance, you are eligible for an additional $6,000 cash incentive.
Car_man
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I have deal on the table for an 09 Volvo XC90 3.2AWD at $500 below invoice before the $6k lease incentive and $1,533 stimulus incentive. How low below invoice should I expect the dealer to go before rebates/incentives?
Thanks!
3.2 AWD Climate, Premium, bluetooth its 5 seats not 7
12000 miles a year
36 months
2550 down
529 a month taxes and all included
MSRP was 41390 took just over 10k off the MSRP
I thought it was a fair deal was I right or should I have looked to get it less?
I current own 2 Volvo's; V70 2.5T and V50 T5. The V70 is coming up on the end of it's lease in May 09.
I want a 3 year deal with 12,000 miles a year.
Feedback would be appreciated.
Whole sale is about $14K high, and that was for an SUV at about $38K (final cap cost) just 3.5 years ago with 55K miles.
Our end of lease purchase option is around $20k 6 months from now, seriously considering dumping Volvo for something else.
Lease co's are taking it on the chin. Many have stopped leasing all together because of the losses they are taking.
But, that is why as a consumer you lease.
You don't have to worry about resale value.
Interesting enough Volvo is the only one of the few that still offers attractive leasing. I guess they figured they have nothing to lose.
I hope the special leases will still be there in 6 to 8 months.
$500 below dealer invoice minus all of the available cash incentives sounds like an excellent deal to me. I personally doubt that you are going to bee able to do much better than that.
Car_man
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we just looked at our 4th volvo and are about to sign a new lease. Can you let me know if you think this deal is good? I'm also wondering if the incentives or givebacks negotiate the price of the vehicle and how this effects the residual.
thx
09 xc90
4 year lease
12,000 miles
premium, climate, versatility packages, dvd and bluetooth
577 per month
2k down
$46,370 price of vehicle
$34, 664 after incentives/give backs
29% residual
they will pay the final 3 months of current lease (1700 and excess miles $600)
Is it better for me to buy a 2007 Pre-owned or lease a nicely equipped 09?
Im looking at one with, Convenience, Versatility, and Climate packages with Rear Seat DVD's? Would like to lease and buy out at the end.
42,234 is the Invoice Price on carsdirect.
What do you think a fair price is?
It's a 36 month 15K mi/yr.
They told me $661 month with $1175 due at signing.
http://www.ridewithg.com/index.php/2009/03/09-volvo-xc90-lease-rates-march-2009
I went through the Costo program and when I sent that number to 3 other dealerships in NJ one said they couldn't match it or beat it because it was almot $2000 below invoice, 2 said they would only match it because things are slow.
Invoice $44184
Selling $35659 includes all rebates and discounts
Residual $$16864
money factor .0024
This is based on a lease with US bank top tier credit.
Also, I see that my money factor i s .0024, but while I was sitting at the desk of the salesperson I saw a sheet on the desk that said the March money factor for 7 passenger, AWD, 3.2 was .00190.
Am I being cheated here or is this a good deal????
PLEASE HELP! I need to make a decision by March 31st!
I think we'll go take a look tomorrow or Wednesday. If we do, I'll let you know what the local dealer here on LI quotes me.
The residual values for the 5- and 7-Passenger models appear to be the same right now to me.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
A 29% residual value? Ouch.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Invoice $44184
Selling $35659 includes all rebates and discounts
Residual $$16864
money factor .0024
2009, AWD, Volvo XC 90, 3.2, Black Metallic, Premium, Climate, Convienence, Versatility.
36 months, 15K mi/yr, $1776 das
$650/mo.?
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$675.98 X 36 with the rear seat, $33 less a month without RSE
Can you tell me the residual on a 2 and 3 year lease through volvo finance? It is a 8 cyl 7 passenger version.
Thanks!
Bob
http://www.motorauthority.com/volvo-cuts-xc90-pricing-by-8-for-2009.html
The A-plan price will be adjusted accordingly.