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2013 and earlier Volvo XC90 Lease Questions

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Comments

  • pkh540pkh540 Posts: 21
    According to our Volvo dealer, the lease special you reference (06 XC90-V8 for 389 / 24 mos.) ended on July 31. Do you have a dealer who is able to still offer that lease money factor and residual? (And if so, who and where?)

    Thanks!
  • dhogue1dhogue1 Posts: 14
    I am told that the lease special is good until August 31st (extended perhaps?). Problem is the dealer wants invoice plus (even with x-plan) and won't allow any other cash incentives. I'm ready to sign if I can get this under invoice. Another problem is that not many cars are left.
  • MSRP $47,605 (06 2.5 Climate, Convenice, Versatility, Premium, Entertainment)
    Initial Cap Cost $45,000
    Residual 70%
    Money Factor .00036

    $4000 Drive off
    $446 Month excluding taxes
    24M 10,500 miles year

    Is this consistent with 06 promo? I know I cant negotiate the money factor, but should I be able to do better on the Cap Cost? Thanks!
  • cabaistecabaiste Posts: 31
    This deal sounds high. Here in the Northeast many dealers are doing $389 on the new 2007 3.2 model with little or no money down ($800 - $1,500) drive off. I'd check around other dealers in your area also. The residuals on same term and mileage leases for 2007's is 75%. Cap cost is also high. A lot will depend on how many dealers you have in your proximity. I have 40+ dealers in a 100 mile radius so I was able to leverage a deal by nature of the intense competition between Volvo dealers here.
  • Local dealer is only offering $1,500 off MSRP ($55,450) for the XC90 with all options. This is for the 06 V8 lease special ($0 down, $539/month) Should there be a better cap cost for this lease, or is the 74% residual and .00001 money factor for 24 months pretty fair with only the $1,500 off?
  • ecloueclou Posts: 16
    This is a pretty good deal. I am paid about the same on a $55k 06 V8, with them also giving me a tax credit.
  • pkh540pkh540 Posts: 21
    Hi hoopspix - is your dealer still honoring the July lease special (.00001 MF & 74% residual - advertised as '06 XC90-V8 @ 389 for 24 mo.)? I thought that ended on July 31? Are they going through Volvo financial or using another source?

    I was negotiating on one on July 31 but they started playing games with acquistion fee/sec. dep. and wouldn't go below 1500 over invoice so I walked.

    Thanks!
  • l00q6227l00q6227 Posts: 16
    I got an offer of 1800 down (1st month and security deposit included) for the Volvo XC90 2007 3.2 6 cyl. Premium, Climate, Versatility, DVD and NAV with 15,000 miles for $540 a month tax included. Any thoughts? This would be my first lease so any help would be appreciated.
  • Hi cabaiste
    Does the $358 include Sales Tax and/or Property Tax?
    Are you paying anything as a dealer fee or any thing else like license and registration ?
    In addition, do you know anything about purchasing more miles then you have, 15k or more?

    Thanks
  • cabaistecabaiste Posts: 31
    My monthly payment of $358 on the 2007 XC90 3.2 AWD does not include sales tax. I left that out for comparison purposes because those rates vary all over the place. We do not have property tax in my county. The only fees I paid were a bank fee ($595), a refundable security deposit ($400) and DMV Fees of $61.06. I had the option of rolling these into the payment if I wanted.

    You can purchase more miles up front - the lease residual on the 24 months will drop from 75% on the 10,500 mile lease to 74% on a 12,000 mile lease to 72% on a 15,000 miler, so that will bump your payment a bit (not as much as paying 20 cents a mile on excess though.

    I'm very happy with the deal based on the research I'd done. Its a great price for a 2007 AWD with Premium, Versatility and Climate. My wife has been driving this car all week and loves it.

    Email me if you want more information - I go on Edmunds somewhat sporadically, and less so now that I've gotten the car!
  • zamozamo Posts: 120
    Awesome deal. I guess there is more competetion from sorrounding cities/states. Those rates are a dream in South Florida.
  • pkh540... Yes, they were honoring the rates from July. Going through Volvo Finance. Reason that the payment is higher than the $389 is that I am putting no money down and getting NAV&DVD added. With money factor this low, I don't want to put any money down.
  • pkh540pkh540 Posts: 21
    Hoopspix, thank you for getting back to me. Sound's like you've done very well for yourself and got a great deal! We have a 2000 Land Cruiser and while we like the XC90 a lot it's tough to give up. But that lease deal is almost too good to pass up so maybe I'll see if I can get one of my local dealers to honor the terms as well.

    Cheers, pk
  • jag14jag14 Posts: 1
    Who was your sales person. Did they give you any quotes for 12,000 miles
  • kyfdxkyfdx Posts: 30,458
    You may include the dealership name, city and state in your post. Please do not post names of salespeople, telephone numbers, email addresses, or other contact information.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • lortzpalortzpa Posts: 1
    Can you tell me the dealer and location you used for this deal. Sounds great to me and I would like to get the same deal with all these options. Is this a 2 year lease or 3?
  • l00q6227l00q6227 Posts: 16
    Keystone Motors in Montgomeryville, PA. 15,000 2 year lease.
  • chuckjrchuckjr Posts: 61
    It sounds like some people on the east coast are getting great rates on 07 XC90s.
    I wanted to run the socal offer by you to see if better could be had.

    It's more out of pocket than i wanted to part with and the deal is for an 06 not an 07.

    Leasing is not my forte so any help would be great.

    Solcalvolovodealers:
    $3,904 Due At Signing plus taxes, title and registration fees

    **Offered through Volvo Car Finance North America, by participating Volvo retailers through 8/31/2006. Subject to availability from existing retailer inventory. Delivery by 8/31/2006 required. Retailer prices will vary and affect customer cost. Lease Program: Payment based on a 24-month closed-end lease for a new 2006 Volvo XC90 2.5T FWD with premium package, versatility package with a gross capitalized cost of $40,274. Total of monthly payments is $9,336. Cash due at signing includes Capitalized Cost Reduction: $2,495; Required Refundable Security Deposit: $425; Acquisition Fee: $595; and First Months Payment: $389. Lessee has option to purchase vehicle at lease end at price negotiated with retailer at lease signing plus any official fees, taxes and other charges. If purchase option is not exercised, customer liable for $.20/mile over 10,500 miles/year and a $395 disposition fee. Payments will be higher for residents of CT, MA, RI.


    A leasing company came back with a quote of $549+ tax on an 07 with about $1000 oop.
  • 23109vc23109vc Posts: 218
    what's the best deal I can get on a V8 with no money down if i do a 2 yr lease?

    i see some people are listing prices BEFORE tax....how much is the ACTUAL payment after you add tax? much more?

    thanks.
  • Please confirm if this lease is a 2006 V8.signed during August My dealer in Langhorne is trying to get Volvo to bring back deal from last month that was on Ocean racer model.I have been waiting for 5 days for answer from Volvo Dealer accepted car in from Volvo dealer in Atlantic City that went bankrupt.With help from Volvo. Problem was they could not get car released from impound customer walked on deal could not wait leaving dealer stuck with car. They could not get car released for 8 days. customer needed a car.
  • shellzshellz Posts: 34
    I just leased a 2006 XC90 V8 Ocean Race in Houston, Texas. Lease was based on Volvo Finance's 24 month special of 73% Residual (12k miles) and .00001 finance rate.

    MSRP $55,520
    Capitalized Cost: $52,921
    Adjusted Cap Cost: $53,830.78
    Residual Value: $40,529
    Sales Tax: 1.25% (utilized a tax credit)
    Monthly Payment: $555.16
    Money due at signing was $1130.16: $575 refundable security deposit and first month's payment of $555.16.

    Dealerships in Texas, Louisiana, and Mississippi all said that there was no money from Volvo if you take the sub vented lease deal.

    Hope this helps!
  • l00q6227l00q6227 Posts: 16
    No 2007 V6 but now my dealer is having trouble finding a car with a NAV in it. Can anyone tell me why Volvo does not make a lot of models with NAV in it? It is driving me crazy. I tried Volvo at Langhorne and did not have a lot of success. It is really frusturating i have a yukon and I got a NAV in a day.
  • 23109vc23109vc Posts: 218
    what options/packages were on the XC90 you got at this price?
  • Good question on available cars with NAV. I see that alot of dealers in North Jersey have them. Good luck in trying to find a 2007 V6. No availabilty. I picked up a 2007 V8 last night.
  • mpfolsempfolse Posts: 1
    I welcome your comments on this proposal: Volvo XC90, 2006, 6 cylinder, premium package, versatility package, rear entertainment package, convenience package, metallic paint. MSRP $45,955; sales price $42,500; 48 months; 12,000 miles per year; residual $22,058; money factor .0015; nothing down; monthly payment before tax of $515.

    Thanks!
  • l00q6227l00q6227 Posts: 16
    Dealer called a little while ago NO Nav so going with everything else. How much do you think they should knock off my monthly payment since the NAV is out- got them down to 520 a month with NAV, 15k miles and 1800 down but I get the security deposit back. should they take off 20-30 bucks off a month?
  • Is this for a V8 ? and is that 520 including taxes Their are some dealer incentives on this from what I hear. They can't apply to lease but I think they can sink into trade if that is part of deal. Depends on how bad they want to sell car. Availability is tight on 2007 I6 almost non existant. 2007 V8 are only one available now.
  • ursusursus Posts: 48
    Can you give more details on your deal? I'm about to order 07 3.2 with everything (inlcuding 18" wheels), but without versatility package.
  • zkaudiozkaudio Posts: 60
    I just got offered this, I think I can do better still:

    2006 XC90 2.5T FWD with premium package, versatility package and metallic paint
    MSRP 42,340
    1,399$ total down
    24 months
    12k miles per year
    429 + tax....

    What u guys think? I really want nav and an 07...
  • zamozamo Posts: 120
    they should be able to give the same payment but with $0 due at signing
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