2016 Volvo XC90 Lease Questions

kyfdx

dtopgear said:

Hello all. Looking for the number for a 36month/10000 mile lease on a T8 AWD and a T6 AWD here in So FL. Seems to be a lot of XC90's on dealer lots so hoping I have some bargaining room now.

Thank you!

Momentum, Inscription or R-Design?

dtopgear

Momentum and R-Design. Is there really that much of a difference between the three? Cheers.

Michaell

dtopgear said:

Hello all. Looking for the number for a 36month/10000 mile lease on a T8 AWD and a T6 AWD here in So FL. Seems to be a lot of XC90's on dealer lots so hoping I have some bargaining room now.

Thank you!

dtopgear said:

Momentum and R-Design. Is there really that much of a difference between the three? Cheers.

Don't know until we look ... (flip, flip, flip) ... ah, here we go:

T6 Momentum AWD - .00061 and 57%
T6 R-Design AWD - .00100 and 57%

T8 Momentum AWD - .00148 and 48%
T8 R-Design AWD - .00168 and 48%

(wow, those are some pretty bad residuals on the T8)

vettevert

Now that Volvo #s seem to be found, do we have them for 24mo. leases? This is for NC. Not sure which model, so all 3 would be awesome (T6 only, 12k/yr). Debating this or an RX450h (currently in a '15 RX350 Fsport up in September) The lease numbers given to me by the Volvo dealership are SO MUCH worse than Lexus for 24 mo.

kyfdx

vettevert said:

Now that Volvo #s seem to be found, do we have them for 24mo. leases? This is for NC. Not sure which model, so all 3 would be awesome (T6 only, 12k/yr). Debating this or an RX450h (currently in a '15 RX350 Fsport up in September) The lease numbers given to me by the Volvo dealership are SO MUCH worse than Lexus for 24 mo.

Momentum: .00061 MF and 66% residual
Inscription: .00070 MF and 62% residual
R-Design: .00070 MF and 65% residual

dtopgear

Wow, what is up with the T8 residuals, even the MF is up there. Guess they think that the extra cost for the hybrid system is not going to hold up in the used car market. Is like they are pushing you to buy it so they don't have to take it back later. Very disappointing.

Seeing all the numbers it seems that the Momentum at 36months is the sweet spot. What does everyone else think?

harrymed38

Do you have numbers for July, in MA? And is there any changes in price for the 2017 XC90 models? Will the MF and residual be the same of 2016 models?
T6 Momentun MF? And Residuals for 39/10, 36/10 and 24/10?

skylanderbc

oghowie said:

skylanderbc said:

Hey Everyone,

Just got my XC90 (been an Audi customer for the past 12 years and was very disappointed how they treated me as a customer when I was trying to buy a Q7). I am now a proud owner of an T6 XC90 R-Design AWD with the Vision and Convenience Package. Details below

MSRP: 59,365
Discount: 5000
Money Down: 4000
Cap Cost Reduction: 2640 (Registration is 250 + Title Fee 450 + first months payment)
MF: .0010
Residual: 57%
36month/10000 miles
Monthly Payment: 660 with CA 9% sales tax.

Dealership was super chill and I am very happy with the deal that I got. Feel free to ask any questions to help your buying experience (I researched the F-Pace, Q7, X5 and the XC90)

Btw, Edmunds was super helpful in the whole process too.

May I ask which dealer you went with to get $5k off? Are you in SoCal?

Hi, of course. Sorry for the delay in the reply as I just came back from a vacation. I am in SoCal and got my car from Santa Monica Volvo. Ask for Jason G. Obviously they wont give you the deal until you are there ready to sign. I negotiated this as I knew I was driving out with the XC90 that day if they hit my number. I went to Galpin as well, and honestly they were great too. All the Volvo dealers I went to were great and made the car buying process bearable

kyfdx

harrymed38 said:

Do you have numbers for July, in MA? And is there any changes in price for the 2017 XC90 models? Will the MF and residual be the same of 2016 models?
T6 Momentun MF? And Residuals for 39/10, 36/10 and 24/10?

No info yet on July Volvo numbers. Probably next week.

nicksmu17

WHen you get the July numbers will you also include the 36/10 and 39/10 on the T6 inscription and r-design? Bummer about the hybrid, I really would go into it if the numbers were decent.

Michaell

nicksmu17 said:

WHen you get the July numbers will you also include the 36/10 and 39/10 on the T6 inscription and r-design? Bummer about the hybrid, I really would go into it if the numbers were decent.

We will likely get the July numbers next week, if we are lucky.

reldausa

Hi guys

2016 Volvo XC90 AWD 4dr T5 Momentum in SoCal. MSRP is $49,815.00. Looking to see differences on MF and residuals depending on mileage per year (10k, 12k or 15k) and term (36 or 39 mos).

awsu0812

I'm in the suburban Cook County area of IL, but looking to lease a 2016 XC90 T8 Inscription located in Indiana. (Chicago area dealers are laughably offering only $1k discount off MSRP on remaining 2016s - Ridiculous!)
Dealer has provided the following numbers for a 24 month lease/12k miles a year, and $1,122.08 a month payment.
MSRP: $78525
Rebate: $4585
Lease Sale Price: $65352
IL taxes: $2980.42
Doc fee: $199
IN tire fee: $1.25
Residual %: 58%
Upfront money + First Payment: $1,017.41

I am completely confused, and can't understand these figures. The numbers just don't add up.
For example:
I know the IL sales tax (8.25%) is wrong as sales tax no longer applies to the entire capitalized cost - now only down payment and monthly lease payment.
That percentage residual is awfully low - like for a 39mth lease, and not for a 24 month lease.

What is the correct MF and residual for a 24 month lease at 12k miles per year, and 15k miles per year? If no July #s out, can you please provide me June #s as reference?
Thanks.

kyfdx

reldausa said:

Hi guys

2016 Volvo XC90 AWD 4dr T5 Momentum in SoCal. MSRP is $49,815.00. Looking to see differences on MF and residuals depending on mileage per year (10k, 12k or 15k) and term (36 or 39 mos).

.00126 MF and 55%/53% residual for 36/39 mo, 15K/yr

Add 2% for 12K/yr or 3% for 10K/yr

kyfdx

awsu0812 said:

I'm in the suburban Cook County area of IL, but looking to lease a 2016 XC90 T8 Inscription located in Indiana. (Chicago area dealers are laughably offering only $1k discount off MSRP on remaining 2016s - Ridiculous!)
Dealer has provided the following numbers for a 24 month lease/12k miles a year, and $1,122.08 a month payment.
MSRP: $78525
Rebate: $4585
Lease Sale Price: $65352
IL taxes: $2980.42
Doc fee: $199
IN tire fee: $1.25
Residual %: 58%
Upfront money + First Payment: $1,017.41

I am completely confused, and can't understand these figures. The numbers just don't add up.
For example:
I know the IL sales tax (8.25%) is wrong as sales tax no longer applies to the entire capitalized cost - now only down payment and monthly lease payment.
That percentage residual is awfully low - like for a 39mth lease, and not for a 24 month lease.

What is the correct MF and residual for a 24 month lease at 12k miles per year, and 15k miles per year? If no July #s out, can you please provide me June #s as reference?
Thanks.

The T8 has terrible residuals.

.00100 MF and 58% residual is correct for 24/12. 56% for 24/15.
The sales tax appears to be correct. If the 8.25% was applied to the full sale price, the number would be almost $5400. (rebates count as upfront money and are taxable, as well).

You've picked the model (T8) and trim (Inscription) with the worst residuals.

vettevert

Have July numbers come in? 24/12k

I know Lexus #s update quarterly, are Volvo's monthly?

mike01680

Hi,

Looking for the MF and Residuals in NJ for a T5 AWD Momentum and T6 AWD Momentum for 36/12 and 39/12.

Thanks

Mike

radelow

Any July numbers yet? I need the following for a 2016 Inscription. Also are 2017 numbers available yet?

36/12
36/15

Michaell

vettevert said:

Have July numbers come in? 24/12k

I know Lexus #s update quarterly, are Volvo's monthly?

What trim level?

Current numbers are valid through 8/1.

Michaell

mike01680 said:

Hi,

Looking for the MF and Residuals in NJ for a T5 AWD Momentum and T6 AWD Momentum for 36/12 and 39/12.

Thanks

Mike

T5 - .00126 and 57% / 55%

T6 - .00061 and 56% for 36/12 or .00069 and 55% for 39/12

Michaell

radelow said:

Any July numbers yet? I need the following for a 2016 Inscription. Also are 2017 numbers available yet?

36/12
36/15

T5? T6? T8? FWD or AWD?

Yes, we have 2017 XC90 lease numbers; I just created a separate discussion for that model year:

http://forums.edmunds.com/discussion/41974/volvo/xc90/2017-volvo-xc90-lease-questions/p1?new=1

mike01680

Thanks for the quick response.

mike01680

Do you have the MF and Residuals for an T6 AWD Inscription.

Thanks

FadyDizzle

Hi, is there a forum for the new Volvo S90 where we can get rates for MF and residual?

grabber2

Got a offer for T5 Momentum 36/10K after test drove. They did a run down & gave me the below:

MSRP: $49405 (Options: Heat seat ($500), Metallic paint($560), Leather Upholstery ($1400)
Sale Price: $44440
10% off MSRP

Residual %: unknown (but saw $28,5xx balance if i decide to purchase after lease)
Money Factor: N/A

Monthly payment: $508

Upfront money: $3236
First month ($508) + Title & Plate ($341) + Bank Fee ($695) + Taxes 36 months (1691)

I think its a good price.

I just can't figure out the MF & residual.

Michaell

grabber2 said:

Got a offer for T5 Momentum 36/10K after test drove. They did a run down & gave me the below:

MSRP: $49405 (Options: Heat seat ($500), Metallic paint($560), Leather Upholstery ($1400)
Sale Price: $44440
10% off MSRP

Residual %: unknown (but saw $28,5xx balance if i decide to purchase after lease)
Money Factor: N/A

Monthly payment: $508

Upfront money: $3236
First month ($508) + Title & Plate ($341) + Bank Fee ($695) + Taxes 36 months (1691)

I think its a good price.

I just can't figure out the MF & residual.

FWD or AWD? Different numbers for the T5 Momentum based on drivetrain.

grabber2

Michaell said:

FWD or AWD? Different numbers for the T5 Momentum based on drivetrain.

2016 XC90 T5 Momentum AWD 36/10K

MSRP: $49405
Sale Price: $44440
10% off MSRP
Residual: 58%
Money Factor: 0.0096

Monthly payment: $508

Upfront money: $3236
First month ($508) + Title & Plate ($341) + Bank Fee ($695) + Taxes 36 months (1691)

Michaell

grabber2 said:

Michaell said:

FWD or AWD? Different numbers for the T5 Momentum based on drivetrain.

2016 XC90 T5 Momentum AWD 36/10K

MSRP: $49405
Sale Price: $44440
10% off MSRP
Residual: 58%
Money Factor: 0.0096

Monthly payment: $508

Upfront money: $3236
First month ($508) + Title & Plate ($341) + Bank Fee ($695) + Taxes 36 months (1691)

I'm showing the MF on that model as .00126 .. are you eligible for a fleet discount of some sort?

With your numbers, I too get $508/mo

mike01680

Hi,

Looking for the MF and Residuals in NJ for a T5 AWD Momentum and T6 AWD Momentum for 36/10 and 39/10.

Thanks

Mike

dyl

Hi,
Looking for the MF and Residuals in Ohio for a T6 AWD R-DESIGN 36/10 and 39/10.

Thanks

YL

kyfdx

mike01680 said:

Hi,

Looking for the MF and Residuals in NJ for a T5 AWD Momentum and T6 AWD Momentum for 36/10 and 39/10.

Thanks

Mike

T5
.00126 MF and 58%/56% residual

T6
.00061 MF and 57% residual
.00069 MF and 56% residual

kyfdx

dyl said:

Hi,
Looking for the MF and Residuals in Ohio for a T6 AWD R-DESIGN 36/10 and 39/10.

Thanks

YL

.00100 MF and 57% residual
.00107 MF and 55% residual

m_kothuri@yahoo.com

MSRP: $59325
Sale Price: $55289
Residual: 56%
Money Factor: 0.00069
cap cost reduction 3850
cap cost including taxes 58940
cash due at signing 4669 includes 1st month payment
10k/39
t6 momentum awd 2016 model
Monthly payment: $605
in NJ 

any thoughts??

harrymed38

Number for Inscription in MA, MF, residuals for 39/10?

Michaell

harrymed38 said:

Number for Inscription in MA, MF, residuals for 39/10?

T5 FWD?
T5 AWD?
T6 AWD?
T8 AWD?

Volvo model naming conventions are a bit, shall we say, particular?

Michaell

m_kothuri@yahoo.com said:

MSRP: $59325
Sale Price: $55289
Residual: 56%
Money Factor: 0.00069
cap cost reduction 3850
cap cost including taxes 58940
cash due at signing 4669 includes 1st month payment
10k/39
t6 momentum awd 2016 model
Monthly payment: $605
in NJ 

any thoughts??

Using your MSRP and cap cost, I get $723/mo.

Is the $4669 inclusive of the $3850 cap reduction, or are you expected to give the dealer a check for $8519?

m_kothuri@yahoo.com

Michaell said:

MSRP: $59325
Sale Price: $55289
Residual: 56%
Money Factor: 0.00069
cap cost reduction 3850
cap cost including taxes 58940
cash due at signing 4669 includes 1st month payment
10k/39
t6 momentum awd 2016 model
Monthly payment: $605
in NJ 

any thoughts??

Using your MSRP and cap cost, I get $723/mo. Is the $4669 inclusive of the $3850 cap reduction, or are you expected to give the dealer a check for $8519?

4669 Includes cap cost reduction. Only due at signing is 4669.

grabber2

Michaell said:

I'm showing the MF on that model as .00126 .. are you eligible for a fleet discount of some sort?

With your numbers, I too get $508/mo

That was the calculation i got from the number i see from the computer. It somewhat changed by the finance manager & Volvo only offer 39mo. No 36 mo lease. I'm stuck with it for extra 3 mon, but monthly payment remain $508. See my actually lease number:

harrymed38

Michaell said:

harrymed38 said:

Number for Inscription in MA, MF, residuals for 39/10?

T5 FWD?
T5 AWD?
T6 AWD?
T8 AWD?

Volvo model naming conventions are a bit, shall we say, particular?

Sorry I meant T6 AWD, tsk!

Michaell

m_kothuri@yahoo.com said:

Michaell said:

m_kothuri@yahoo.com said:

MSRP: $59325
Sale Price: $55289
Residual: 56%
Money Factor: 0.00069
cap cost reduction 3850
cap cost including taxes 58940
cash due at signing 4669 includes 1st month payment
10k/39
t6 momentum awd 2016 model
Monthly payment: $605
in NJ 

any thoughts??

Using your MSRP and cap cost, I get $723/mo.

Is the $4669 inclusive of the $3850 cap reduction, or are you expected to give the dealer a check for $8519?

4669 Includes cap cost reduction. Only due at signing is 4669.

So, we need to find out the adjusted cap cost, since you aren't paying all the fees up front.

Then we can calculate the payment to ensure it matches what the dealer is quoting you.

Michaell

grabber2 said:

Michaell said:

I'm showing the MF on that model as .00126 .. are you eligible for a fleet discount of some sort?

With your numbers, I too get $508/mo

That was the calculation i got from the number i see from the computer. It somewhat changed by the finance manager & Volvo only offer 39mo. No 36 mo lease. I'm stuck with it for extra 3 mon, but monthly payment remain $508. See my actually lease number:

Volvo does offer a 36 month lease, though the numbers may not be as good as for 39 month terms, this month.

There is one model that offers a .00069 MF for 39 months - the T6 AWD Momentum. Is this the trim level you are getting?

Michaell

harrymed38 said:

Michaell said:

harrymed38 said:

Number for Inscription in MA, MF, residuals for 39/10?

T5 FWD?
T5 AWD?
T6 AWD?
T8 AWD?

Volvo model naming conventions are a bit, shall we say, particular?

Sorry I meant T6 AWD, tsk!

.00107 and 52% for 39/10

grabber2

Michaell said:

grabber2 said:

Michaell said:

Volvo does offer a 36 month lease, though the numbers may not be as good as for 39 month terms, this month.

There is one model that offers a .00069 MF for 39 months - the T6 AWD Momentum. Is this the trim level you are getting?

Mine was the T5 AWD Momentum with option for MRSP $49405

rickway

Hi, I'm looking for MF and residual on the T6 Momentum (with Momentum Plus package if that makes a difference) in Southern California.

Can you please show 36/10, 39/10, 36/12 and 39/12? Thank you!

kyfdx

rickway said:

Hi, I'm looking for MF and residual on the T6 Momentum (with Momentum Plus package if that makes a difference) in Southern California.

Can you please show 36/10, 39/10, 36/12 and 39/12? Thank you!

.00061 MF and 57%/56% for 36 months
.00069 MF and 56%/55% for 39 months.

harrymed38

Hi all, I was hopping to get some inputs from you....I learned that some dealerships are offering good discounts on their XC90 Demo models. What do you all think? Should i consider? Is there anything that I should be aware ?

Lastly I heard that Volvo did a recall to fix a sunroof bug and see in other review people complaining about screen freeze.

I love the XC90, i want one but felt disappointed when learned some bad reviews. Not so confident anymore if this is the best buy..... looking at review from Audi or Mercedes it's all good.

I mean i don't want to pay for a very expensive car and then be disappointed. What you guys are hearing from people who bought the XC90...any major complains?

Any thoughts?

miketocho

Hi All,

Looking for MF and residual on the 2016 T6 AWD Momentum (perhaps with Momentum Plus package) in NYC. If 2017 model year is different in the same configuration, please let me know the numbers for that year as well. Can you please provide 36/10K, 39/10K, 36/12K and 39/12K options.

Also, what discounts off MSRP are people able to negotiate for 2016 cars that are still on dealer's lots? Are there any current incentives/dealer rebates going on?

Thank you.

kyfdx

miketocho said:

Hi All,

Looking for MF and residual on the 2016 T6 AWD Momentum (perhaps with Momentum Plus package) in NYC. If 2017 model year is different in the same configuration, please let me know the numbers for that year as well. Can you please provide 36/10K, 39/10K, 36/12K and 39/12K options.

Also, what discounts off MSRP are people able to negotiate for 2016 cars that are still on dealer's lots? Are there any current incentives/dealer rebates going on?

Thank you.

.00061 MF and 57%/56% for 36 months
.00069 MF and 56%/55% for 39 months.
No incentives

Ask 2017 questions here, please:
http://forums.edmunds.com/discussion/41974/volvo/xc90/2017-volvo-xc90-lease-questions#latest

skylanderbc

harrymed38 said:

Hi all, I was hopping to get some inputs from you....I learned that some dealerships are offering good discounts on their XC90 Demo models. What do you all think? Should i consider? Is there anything that I should be aware ?

Lastly I heard that Volvo did a recall to fix a sunroof bug and see in other review people complaining about screen freeze.

I love the XC90, i want one but felt disappointed when learned some bad reviews. Not so confident anymore if this is the best buy..... looking at review from Audi or Mercedes it's all good.

I mean i don't want to pay for a very expensive car and then be disappointed. What you guys are hearing from people who bought the XC90...any major complains?

Any thoughts?

I have had mine for 2 months now and fingers crossed no issues whatsoever. I love driving it and its the best looking SUV out there. Living in SoCal I see so many BMW X5's, GLE's and Range Rovers, they might as well be high volume Camrys and Accords. The Q7 was my initial choice and my neighbors just bought the new one and I just cant get past how bad the new one looks. Audi has gone lazy IMO. On the road everytime I see an XC90 it stands out. The only other SUV in the market right now that turns my head is the Jaguar F-Pace. If you are worried about issues, I would just wait for the MY17 XC90.

toddlerdad

does Volvo have a 36 month/7.5K lease? How about 24 month or 30 month?
interested in XC90 T6 inscription AWD
thank you