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2013 and earlier Volvo XC90 Lease Questions



  • volvomaxvolvomax Posts: 5,274
    Answer is very simple, don't buy the car at the end of the lease.

    VFNA does not negotiate the buyout on their leases, and chances are the car won't be worth the buyout.
  • nyc55nyc55 Posts: 4
    I planning to lease a XC 90 3.2 liter 5 seater with the following options
    premium pkg.
    convenience pkg
    climate pkg
    blind spot info sys
    naviga sys
    wood steering wheel
    electronic control all wheel drive
    metalic paint
    What is a Lease for 24 month in NYC with no money down and the Taxes in the monthl. payment, max miles I drive in 36 month is 23000 miles.
  • nyc55nyc55 Posts: 4
    I was at the dealer today with the options posted on #943

    for a 24 month lease 10,500 miles a yr MSRP $47,470

    however with the discount dealer gave us
    he based the lease on this price: $42,870

    not paying the taxes at signing but dividing that into 24 months
    at signing COD is $1,749.84 includes: 1 month lease 1 month tax banking fee etc.

    Buy back $29,906.10

    Monthly lease payment including tax $621.63
  • My wife and I are getting ready to lease an 2008 XC90 3.2 with various packages. I want to be armed with numbers before we go into the negotiations. Can someone please tell me what the lease rate and residual value would be for this vehicle if it is leased for either 36 or 48 months?

  • This is the offer I received today from our local Volvo dealer. What do you think? Residual seems low, but I don't think there is much wiggle room there. I wonder however, if it is realistic to get a bit more knocked off the initial cap cost. Thoughts?

    MSRP $44,725.00 Cap Cost Reduction $0.00
    Initial Cap Cost $36,255.00 Refundable Security Dep $0.00
    Accessories $325.00 Acquisition Fee $895.00
    Cost added to Lease $0.00 First Month Payment $599.51
    Cap Cost Reductions $0.00 VT Tax $1,071.03
    Adjusted Cap Cost $36,580.00 VT Reg $60.00
    Mileage per year 15000 Title Fee $28.00
    Residual Value $18,784.50 42 % Lien Fee $0.00
    Money Factor 0.0019 Interest rate(%) 4.56 Doc Fee $55.00
    Term(months) 36

    Monthly payment $599.51
    Total due at signing $2,708.54
  • Hi nyc55. The lease payment for the XC90 that you are interested in will vary depending upon what its MSRP and selling price are. I can estimates these numbers and work up a sample monthly payment for you. According to my calculations, if you were to lease a 2008 Volvo XC90 5 passenger AWD that has an MSRP of $44,927 and a selling price of $39,138 ($500 over invoice minus $3,000 lease cash) through Volvo Finance right now for 36 months with 10,500 miles per year, your zero down, pre-tax monthly payment would be around $578.

    Prices Paid: Buying & Leasing Experiences Forum
  • Hey nyc55. See my previous post. I think that you will probably be able to do better than the payment that you were quoted.

    Prices Paid: Buying & Leasing Experiences Forum
  • Here's the information that you're looking for, efreeman. Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Volvo XC90 3.2 AWD 7 passenger with 15,000 miles per year are .00235 and 50%, respectively. The numbers for an otherwise identical 48 month lease are .00251 and 41%. I made some assumptions about the trim level of the XC90 that you want and the mileage allowance that you need. Let me know if they are not correct. When negotiating your lease, make sure to take advantage of the huge $3,000 cash incentive that Volvo currently is providing on leases of this model through Volvo Finance.

    Prices Paid: Buying & Leasing Experiences Forum
  • Hi steveinvt. The money factor that you were quoted looks good, but you're right the residual value looks low. Vehicles' residual values are typically not negotiable. Unless you are getting a really high mileage allowance on your lease, this residual is lower than the ones that are available through Volvo Finance right now. Perhaps the dealer is running your lease through an independent bank to take advantage of the larger cash incentives that are available for non-Volvo Finance leases.

    You are being given a massive discount on the XC90 that you are interested in. There is only a spread of a little over $3,000 between this vehicle's full MSRP and its dealer invoice price, but Volvo is providing huge cash incentives for leases of the '08 XC90 through independent banks. They vary from $3,500 to $6,000, depending upon the trim level that you get. It appears as though the dealer that you are working with is applying most of the cash incentive to your truck's selling price. It is difficult to say for certain without knowing exactly which model you are getting, but this looks like a good deal to me.

    Prices Paid: Buying & Leasing Experiences Forum
  • Car man,

    I also thought the residual looked pretty low, so I pushed the dealer and got the residual knocked up to 45%, which brought the payment down to $526/month. I think we are going to go for it.

    Thanks for the help.
    Monthly payment

    Total due at signing
  • I got numbers today from a PA dealer, 2008 XC90, 3.2, with Climate, Premium, Versatility, Navigation and Metallic paint, MSRP of $47320, negotiated price of $40141, $29811 buyout, MF of .00087, residual 63% all resulting in a monthly of $528 and $1594 out of pocket (1st mo., bank fee, dmv fee). How does this sound, does this work out in everyone's else calculation?
  • kitkat14 i am also looking for an xc90 right now what deslership hsve you went to that seems to be a great deal
  • I was told that Volvo Corp. is currently "propping up" the residual on the XC90 in order to make a 2 year lease attractive. The salesman said he doesn't know if this offer will still be good in March, which is when my Honda Pilot lease expires. I know things jump around, but does anyone know anything about this "special deal," and whether or not it's just a 1 month thing, or whether it's even a special deal at all? I don't want to double up on payments, but if this is some kind of great deal I might be willing to consider it. Pricing seems consistent with what I've seen on other posts. I live in Wisconsin.

    $1300 out of pocket due at pick-up
    $574 per mo/24 mo.s
    12K miles/yr
    XC90 Premium Package
    Climate Pckg
    Metallic Paint
    Metallic Paint
  • volvomaxvolvomax Posts: 5,274
    Chances are, you will see a residual adjustment in March.
    On a 24 mo lease, 1 point of residual is @$20-25/mo.
  • Volvomax, thanks! Can you look into your crystal ball and tell me what you might expect the adjustment to be? (: Would it usually just be a point, or can it sometimes be several? Trying to weigh whether or not to do the deal end of Feb. or hold out. I know there aren't any guarantees, just curious...
  • Just Leased a new 08 xc90 just wanted to know how well i did.

    10,500 miles 24 month
    XC90 Premium Package
    Climate Pckg
    7 Passanger
    Metallic Paint

    $2,500 Due at signing
    $463 a month
    Leased in PA
  • Hi there,

    I'm going to trade in my 2006 Volvo XC90 (2.5; premium/3rd, 24 mo. $399/mo, 12,000m/yr, $2600 drove off 4/2006), love every bit of the car, btw, and getting a new one for another 24 month.

    here are some lease quotes I got from different dealers (southern California):
    The advertised special in the region is:

    $42,675 MSRP of 2008 XC90 3.2 FWD 7 Passenger (includes Premium Package, Versatility Package, and Metallic Paint)
    24 month $399 10500 miles/year, and $3769 d/o.
    My quotes are:
    1. 24 Months Lease
    12,000 Miles per Year
    $3,769 Drive-Off
    $451 per Month + plus tax
    Money Factor 0.00076

    2. 24 Months Lease
    12,000 Miles per Year
    Cap $36500.00
    $1550.14 Drive-Off (incls 1st pmt/taxes/registration/doc fee)
    Mthly pmt $479.99 plus tax $519.59

    3. 24 Months Lease
    12,000 Miles per Year
    $2,600 Drive-Off
    $473 + plus tax

    I think the 2rd one is a better deal, has anyone seen better ones? Do they still have backseat DVD player offer? Is it true that the deal and discount will end after February?

  • Does the $463 a month include tax? If so, what is the tax in PA. What dealer in PA? Sorry for all the questions, but I just got a quote from a dealer in PA. I think you did pretty good. Thank you.
  • Hi there,
    Is 24 month lease better than 36 month lease, as far as money factor and such concerned?

  • volvomaxvolvomax Posts: 5,274
    Crystal ball is cloudy right now.

    One thing I do know is that Volvo isn't going to subsidise the cars like they did last year.
    If you can take advantage of the current program, you might want to do so.
  • 2008 Volvo XC90 3.2 AWD
    Premium Package
    Climate Package
    Versatily Package

    Monthly payment $599

    Due at signing $810 (that's first month's payment of $599 and motor vehicle fee of $211).

    Let me know what you guys think.

  • You didn't mention the terms... how many months & how many miles per year?
  • Using Volvo Financing was told lease mandated $395 disposition fee if I chose not to purchase and $150 fee with purchase option. Is this standard with Volvo Financing?

    Was also told Volvo Financing charges $0.25 per mile (not the $0.20 I've seen on all Volvo adverts) for excess mileage for vehicles with a sticker greater than $50,000. Anyone else run into this?
  • My husband and I just leased an 08 that was 42,000 and got a 5,000 discount and we put down 3500 and out payments are for 4 yrs. $550. Is that OK? I am seeing that a lot of you put less $$$ down and your payments are less. This is a 2.5 7 passenger and it is not an all wheel drive. Please let me know?
  • awedioawedio Posts: 46
    I assume, this is for a 3.2 FWD. (XC90 is available 3.2 or 4.4)
    To me, It doesn't sound like a good deal.

    Leasing 101 (I learnt that from these boards), NEVER put any money down, always lease with minimum drive off.

    I'm getting ready to lease a V8 7 pass. AWD
    msrp = 57100
    24 mo lease, 10,500 miles, 60% residual
    drive off = 1200
    mo. pmt + tax = 635

    btw, what is Volvo Finance acquisition/bank fee?
  • volvomaxvolvomax Posts: 5,274
    Both numbers are correct.
  • I was quoted on XC90 3.2 AWD with premium package, climate package, versatility package and Rear seat DVD. $47,000 MSRP
    $1,500 out of pocket
    24 month lease
    10,500 per year
    $549 including taxes
    This is a Pennsylvania lease
    Do you think this is a good deal?
  • qbrozenqbrozen Posts: 21,964
    but who read it?

    I read every darned thing on whatever I sign.

    '17 F150 Crew 2.7; '67 Coronet R/T; '14 Town&Country Limited; '09 LR2 HSE. 44-car history and counting!

  • I have an '07 XC90 3.2 AWD Lease with nearly the same options. No DVD but MSRP was ~ $47k and mypayments are $535/mo. including AZ tax.

    This is a 24 mo. lease with 15k miles/year.
  • Just a heads-up, I'm turning in my 06 X90, and it's over 24,000 miles, I thought the charge was 10 or 15 cents per mile, but it turned out to be 25 cents! I know it's written somewhere in the contract, but who read it? This is through credit union car leasing of america, I think all credit union car leasing go through them, so just be aware, and check the numbers before signing the contract!

This discussion has been closed.