2016 Volvo XC90 Lease Questions

patrickjlpatrickjl Member Posts: 2
edited August 2016 in Volvo
Seeking money factor and residual for a 2016 Volvo XC90 Momentum in FL. Lease term: 36 months/12,500 miles or 39/12,500 miles. Thanks in advance!

Answers

  • kyfdxkyfdx Moderator Posts: 249,012
    patrickjl said:

    Seeking money factor and residual for a 2016 Volvo XC90 Momentum in FL. Lease term: 36 months/12,500 miles or 39/12,500 miles. Thanks in advance!

    FWD or AWD?

    T5 or T6?

    Mileage allowances are 12K/yr, not 12.5K/yr.

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  • coonies19coonies19 Member Posts: 10
    Trying to determine if this is a good lease offer. ...3yr/36K

    MSRP..............................................$68,155
    Selling Price....................................$65,792
    Gross Capitalized cost....................$67,186; all inclusive
    Capitalized cost reduction...............$0...by definition no money down per your request means no Cap Cost Reduction
    1st monthly payment ......................$967 plus MD TAX as assessed per MD DOR
    Amt of first security deposit ............NONE
    Acquisition fee.................................$995; Includes GAP Coverage and is included in the Gross Cap Cost
    Disposition fee.................................$350
    money factor .................................. .001
    Residual value..................................$36,122

    Couple of questions: Besides wanting to know if this is a decent offer:

    Is the MF predetermined or is it negotiable? Also does volvo have a MSD program where you can buy down the rate?
  • coonies19coonies19 Member Posts: 10
    Should have mentioned that this is a T6 Inscription with climate, convenience, B&W stereo, air suspension
  • kyfdxkyfdx Moderator Posts: 249,012
    coonies19 said:

    Should have mentioned that this is a T6 Inscription with climate, convenience, B&W stereo, air suspension

    The calculations are correct. That is the base MF from Volvo Finance. I don't recall Volvo ever having MSD program.

    The acquisition fee is marked up from the base $695. Also, be aware that Maryland taxes the full sale price of the vehicle, and collects it upfront. If you roll it in, that will add about $115/mo. to your payment.

    No idea if it's a good deal, but it's an expensive lease payment for a $68K MSRP vehicle. About $1080/mo. with tax.

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  • coonies19coonies19 Member Posts: 10
    Thanks. One follow up question when you say that this is the base MF from Volvo Finance does that mean its a negotiable element based on an individual's credit history, ability to negotiate, etc or is it a predetermined non-negotiatable element?
  • patrickjlpatrickjl Member Posts: 2
    Thank you kyfdx!

    Lease Terms:
    36/12k or 39/12k

    Vehicle Details:
    2016 or 2017 Volvo XC90 T6 Momentum AWD

    Options:
    Momentum Plus Package
    Convenience Package
    Vision Package
    Osmium Grey Metallic Paint
    Heated front contour seats
    Apple Carplay
    Leather & Flame Birch Wood Steering Wheel
    Wheels: 19" 10-Spoke Turbine Silver Bright

  • kyfdxkyfdx Moderator Posts: 249,012
    coonies19 said:

    Thanks. One follow up question when you say that this is the base MF from Volvo Finance does that mean its a negotiable element based on an individual's credit history, ability to negotiate, etc or is it a predetermined non-negotiatable element?

    It's the lowest money factor possible for top tier credit.

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  • kyfdxkyfdx Moderator Posts: 249,012
    patrickjl said:

    Thank you kyfdx!

    Lease Terms:
    36/12k or 39/12k

    Vehicle Details:
    2016 or 2017 Volvo XC90 T6 Momentum AWD

    Options:
    Momentum Plus Package
    Convenience Package
    Vision Package
    Osmium Grey Metallic Paint
    Heated front contour seats
    Apple Carplay
    Leather & Flame Birch Wood Steering Wheel
    Wheels: 19" 10-Spoke Turbine Silver Bright

    2016: .00069 MF and 55% residual for 39/12.

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

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  • hangoverhangover Member Posts: 6
    I spoke to the dealer about XC90 T6 with momentum plus and Vision package for 686 per month with zero down and told no tax and tag at the time of delivery is it the best deal or can be neogitated. please let me know ASAP
    I am in New Jersey
  • MichaellMichaell Moderator Posts: 248,823
    hangover said:

    I spoke to the dealer about XC90 T6 with momentum plus and Vision package for 686 per month with zero down and told no tax and tag at the time of delivery is it the best deal or can be neogitated. please let me know ASAP
    I am in New Jersey

    What lease term and how many miles per year?

    What is the MSRP and the adjusted cap cost?

    Hard to rate your deal without these details... :sunglasses:

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  • josad99josad99 Member Posts: 35
    Hello - Looking for residual and money rate for 2016 T8 Inscription 36/12 and 39/12 - thanks in advance
  • MichaellMichaell Moderator Posts: 248,823
    josad99 said:

    Hello - Looking for residual and money rate for 2016 T8 Inscription 36/12 and 39/12 - thanks in advance

    .00114 and 44% or 45% - yes, 39 month residual is 1% higher.

    $4585 non cash credit.

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  • sea_bobsea_bob Member Posts: 8
    Hi; what's the residual and MF for 33/36/39 10k on 2016 T6 AWD Momentum please. Thank you in advance!
  • MichaellMichaell Moderator Posts: 248,823
    sea_bob said:

    Hi; what's the residual and MF for 33/36/39 10k on 2016 T6 AWD Momentum please. Thank you in advance!

    .00111 and 62% / 57% / 57% for 30/36/39

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  • whale1660whale1660 Member Posts: 8
    edited October 2016
    Hi!
    Seeking MF and Residual for 36/39 12k on 2016 T5 AWD Momentum in CA. Thanks so much!
  • kyfdxkyfdx Moderator Posts: 249,012
    whale1660 said:

    Hi!
    Seeking MF and Residual for 36/39 12k on 2016 T5 AWD Momentum in CA. Thanks so much!

    .00126 MF and 56%/55% residual for 36/39 months.

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  • whale1660whale1660 Member Posts: 8
    kyfdx said:

    whale1660 said:

    Hi!
    Seeking MF and Residual for 36/39 12k on 2016 T5 AWD Momentum in CA. Thanks so much!

    .00126 MF and 56%/55% residual for 36/39 months.
    Thank you!!
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