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2016 Volvo XC90 Lease Questions

kyfdxkyfdx Posts: 113,441
edited July 2015 in Volvo
Ask your 2016 XC90 lease questions here!

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Comments

  • dallasmandallasman Posts: 51
    Can you tell me MF and Residual for 36mo 12k and 10k lease?
    Also, does Volvo do MSD's or Single Payment Leases? Thanks!!
  • kyfdxkyfdx Posts: 113,441
    dallasman said:

    Can you tell me MF and Residual for 36mo 12k and 10k lease?
    Also, does Volvo do MSD's or Single Payment Leases? Thanks!!

    .00150 MF and 59%/60% residual for Momentum..

    Add 1% for R-Design, Subtract 2% for Inscription.

    I'm sure Volvo does single payment leases, but haven't heard anyone do MSDs. I don't have details on either, though.

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    Edmunds Moderator

  • ctdanctdan Posts: 38
    I am trying to figure out lease on Inscription, 39mo with 15k. What is MF and Residual for that combo?

    Dealer wont move on MSRP but i can get $1000 Volvo loyalty for turning in my 2011 xc90. He said they wont honor USAA disc on this vehicle. I'm pretty sure if I shopped around I can find someone who would.

    It appears they are trying to create a somewhat artificial demand. They only had 1 in the lot for test drives and 1 in the showroom that they are "not allowed to sell" yet when I expressed interest in that vehicle (same options, color, etc.) i got the old....i spoke to my mgr who called the regional GM and I can sell/lease you the one on the floor, BUT when other sales people find out it wont be here for long, yadda, yadda,

    Anyway we sat down to run numbers and they seemed way too high for this car. I had not done any homework beforehand because I didnt think I would like the new xc90, but I must say i was impressed and if we can work out reasonable numbers i'll probably go back and get it.

    Also he said that I would qualify for full tax credit with my 2011 xc90 trade in, what exactly does that mean and what impact would that have on my payment (in Fairfield County,CT).

    Thx
  • kyfdxkyfdx Posts: 113,441
    ctdan said:

    I am trying to figure out lease on Inscription, 39mo with 15k. What is MF and Residual for that combo?

    Dealer wont move on MSRP but i can get $1000 Volvo loyalty for turning in my 2011 xc90. He said they wont honor USAA disc on this vehicle. I'm pretty sure if I shopped around I can find someone who would.

    It appears they are trying to create a somewhat artificial demand. They only had 1 in the lot for test drives and 1 in the showroom that they are "not allowed to sell" yet when I expressed interest in that vehicle (same options, color, etc.) i got the old....i spoke to my mgr who called the regional GM and I can sell/lease you the one on the floor, BUT when other sales people find out it wont be here for long, yadda, yadda,

    Anyway we sat down to run numbers and they seemed way too high for this car. I had not done any homework beforehand because I didnt think I would like the new xc90, but I must say i was impressed and if we can work out reasonable numbers i'll probably go back and get it.

    Also he said that I would qualify for full tax credit with my 2011 xc90 trade in, what exactly does that mean and what impact would that have on my payment (in Fairfield County,CT).

    Thx

    .00150 MF and 53% residual.

    Not sure how tax credits work in CT, but it sounds like he is saying there would be no tax due on the lease.

    No discount? I'd wait, or choose something else. When you see their quote, you'll see why.

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    Edmunds Moderator

  • ctdanctdan Posts: 38
    Appreicate the insight @kyfdx - no way I am going to shell out almost 1100/mo on a lease for an XC90. I realize I can put money down to lower pymt but personally I don't think it makes sense to put money down on a lease.

    Think I am going to check out the BMW X5 next.
  • MichaellMichaell ColoradoPosts: 103,498
    ctdan said:

    Appreicate the insight @kyfdx - no way I am going to shell out almost 1100/mo on a lease for an XC90. I realize I can put money down to lower pymt but personally I don't think it makes sense to put money down on a lease.

    Think I am going to check out the BMW X5 next.

    X5 will lease better, but only slightly. I've been seeing payments between $700-900/mo depending on options.

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  • dwill2dwill2 Posts: 11
    Do you have the August MF and residual numbers for the XC90? I'd be looking at 36 month/12,000 mile, not sure which of the 3 trims yet. Thanks.
  • Kirstie_HKirstie_H Posts: 11,076
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  • kyfdxkyfdx Posts: 113,441
    dwill2 said:

    Do you have the August MF and residual numbers for the XC90? I'd be looking at 36 month/12,000 mile, not sure which of the 3 trims yet. Thanks.

    .00136 MF and

    R-Design: 60% residual
    Momentum: 59%
    Inscription: 57%

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    Edmunds Moderator

  • Looking to estimate my payments for a Momentum Plus, either 36 or 48 month, 10k miles. I'll have a total of $5k towards the deal between a deposit and trade in. It's sitting on the lot waiting for this airbag stuff to clear. 
  • MichaellMichaell ColoradoPosts: 103,498
    2016xc90 said:

    Looking to estimate my payments for a Momentum Plus, either 36 or 48 month, 10k miles. I'll have a total of $5k towards the deal between a deposit and trade in. It's sitting on the lot waiting for this airbag stuff to clear. 

    Not enough information .. what is the MSRP and the negotiated selling price? How much of the $5K will go to cap cost reduction?

    Current lease numbers are .00136 and 60% for 36/10; .00142 and 52% for 48/10

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  • geeldeegeeldee Posts: 1
    edited August 2015
    I was quoted for xc90 momentum plus with a price of 55,255.00. Numbers they came back with for lease were 2k down @ 915.24 (per month) 5K down @ 823.99 and 671.91 at 10k down. This was for 36 months/10k miles.

    These seemed really high to me so I walked (and they were unwilling to budge). With that price I thought it'd be closer to sub-700 with 5k down or 814 with no money down. Or is it my numbers that are way off and not theirs?

    This is in Los Angele County.

    Thanks all the help!
  • kyfdxkyfdx Posts: 113,441
    geeldee said:

    I was quoted for xc90 momentum plus with a price of 55,255.00. Numbers they came back with for lease were 2k down @ 915.24 (per month) 5K down @ 823.99 and 671.91 at 10k down. This was for 36 months/10k miles.

    These seemed really high to me so I walked (and they were unwilling to budge). With that price I thought it'd be closer to sub-700 with 5k down or 814 with no money down. Or is it my numbers that are way off and not theirs?

    This is in Los Angele County.

    Thanks all the help!

    It's a brand new model and they are maxing out their profit margins..
    I'd buy the vehicle before I'd lease at those prices...

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    Edmunds Moderator

  • dalemadalema Posts: 62
    Could you tell me the MF and residual for the inscription and momentum - 10K miles and 24 months. Thanks!
  • kyfdxkyfdx Posts: 113,441
    dalema said:

    Could you tell me the MF and residual for the inscription and momentum - 10K miles and 24 months. Thanks!

    .00108 MF
    66% residual for Momentum
    65% residual for Inscription

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • dalemadalema Posts: 62
    kyfdx said:

    dalema said:

    Could you tell me the MF and residual for the inscription and momentum - 10K miles and 24 months. Thanks!

    .00108 MF
    66% residual for Momentum
    65% residual for Inscription

    And if could trouble you for the 36 month of these as well.
  • kyfdxkyfdx Posts: 113,441
    dalema said:

    kyfdx said:

    dalema said:

    Could you tell me the MF and residual for the inscription and momentum - 10K miles and 24 months. Thanks!

    .00108 MF
    66% residual for Momentum
    65% residual for Inscription

    And if could trouble you for the 36 month of these as well.
    .00136 MF
    60%
    58%

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • ROMILROMIL 89131Posts: 97
    Please post MF/Residual for a 2016 Volvo XC90 Inscription in NV for a 36 mo/10K lease.
  • MichaellMichaell ColoradoPosts: 103,498
    ROMIL said:

    Please post MF/Residual for a 2016 Volvo XC90 Inscription in NV for a 36 mo/10K lease.

    .00136 and 58%

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  • Thanks for the help here!  How about MF / Residual for Momentum Plus 12K / 36 month and 15K in Texas. Thx!
  • MichaellMichaell ColoradoPosts: 103,498
    blmoss said:

    Thanks for the help here!  How about MF / Residual for Momentum Plus 12K / 36 month and 15K in Texas. Thx!

    .00136 and 57% for 36/15. Add 2% for 12K

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  • dwill2dwill2 Posts: 11
    Hi, do you have October MF and residual for Momentum 36 month / 12k and 15k? Thanks!
  • MichaellMichaell ColoradoPosts: 103,498
    dwill2 said:

    Hi, do you have October MF and residual for Momentum 36 month / 12k and 15k? Thanks!

    .00136 and 57% for 36/15. Add 2% for 12K

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

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  • rob34rob34 Posts: 58
    In Seattle, 36 or 39 month lease, whichever is better monthly payments, 10,000 miles per year, looking at xc90 r-design. what should my monthly payment be with 10% tax? Also, are they negotiating at all on the MSRP? Was just quoted $55,355 which is sticker price, 39 month, 58% residual, $1275 for first payment, $848.45 inc tax after that. Money factor .00170. I know this is high but what should i ask for and where should the monthly payment be including tax? another dealer quoted 0 cash due and $827 a month for 39 months but have no other details. Thanks for your help!
  • MichaellMichaell ColoradoPosts: 103,498
    rob34 said:

    In Seattle, 36 or 39 month lease, whichever is better monthly payments, 10,000 miles per year, looking at xc90 r-design. what should my monthly payment be with 10% tax? Also, are they negotiating at all on the MSRP? Was just quoted $55,355 which is sticker price, 39 month, 58% residual, $1275 for first payment, $848.45 inc tax after that. Money factor .00170. I know this is high but what should i ask for and where should the monthly payment be including tax? another dealer quoted 0 cash due and $827 a month for 39 months but have no other details. Thanks for your help!

    .00120 MF and 60% (36/10) or 58% (39/10). Dealer is marking up the MF on you for extra profit.

    Can't help you with pricing, but assuming that MSRP and net cap cost are the same, I get a payment of $771/mo with 10% tax added in when I use the base MF.

    The pricing tools at the top of the page (make / model / year) should give you some idea of the discounts that may be available. Also, read back through this forum to see what others have negotiated.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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  • rob34rob34 Posts: 58
    Thanks! The $771 is based on 36 or 39 month? Including tax? so the 36 month has a higher residual yet lower monthly payment than 39 month because they quoted me the opposite.
  • rob34rob34 Posts: 58
    i see you added the tax.
  • MichaellMichaell ColoradoPosts: 103,498
    rob34 said:

    Thanks! The $771 is based on 36 or 39 month? Including tax? so the 36 month has a higher residual yet lower monthly payment than 39 month because they quoted me the opposite.

    $771/mo is the 39 month payment. If I switch to the 36 month residual and term, payment jumps to $794/mo.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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  • rob34rob34 Posts: 58
    so the 36 month payment has a higher money factor?
  • kyfdxkyfdx Posts: 113,441
    rob34 said:

    so the 36 month payment has a higher money factor?

    No.. same money factor.

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