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I would suggest that you call the OSD specialist @ Volvo Cars for further clarification.
Also, there is no special program for military personnel for regular dealer delivery.
Normal Volvo programs would apply.
.00174 for 36 mo, 61% residual.
24 mo lease is the way to go.
thanks
PLEASE, if you're reading this, tell us which dealership you leased from and how you were able to get such a good price. Was it an unusual color? Was it an '06? Or are you just a great negotiator?
Thank you.
Hope this helps,R80401
New to your forum and find it tremendously beneficial and helpful. I am in the market for a 2007 XC90. Can you tell me if these are good lease deals for the NYC area?
option #1) XC90 5 pass Base Truck: Black w/Beige Interior
MSRP $36,830; Dealer Price $34,070;
24/10.5K miles; $375 fixed per month;
buy rate lease: .00024;
residual value: 67%;
$2,351.08 upon signing with breakdown:
- $375.00 fixed monthly payment;
- $803.00 8.375% NYS Tax;
- $202.50 MV Fees;
- $375.00 Security Deposit;
- $595.00 Bank Fee;
option #2) XC90 7 pass/leather (all the bells and whistles) Truck: Silver w/Black Interior
MSRP $45,075; Dealer Price $40,960;
24/10.5K miles; $425 fixed per month;
buy rate lease: .00071;
residual value: 70%;
$2,551.08 upon signing with breakdown:
- $425.00 fixed monthly payment;
- $903.00 8.375% NYS Tax;
- $202.50 MV Fees;
- $425.00 Security Deposit;
- $595.00 Bank Fee;
Thanks in advance,
Cynthia Dell
Thanks.
option#2 is a XC90 3.2L w/climate, prem., & conv. -(not sure about NAV)-
I thought that the mileage was low for these deals and s/b 24/15K (.00071 & 68%) or 36/15K (.00139 & 58%).
What are your thoughts about negotiating the deal through the internet?
Cynthia Dell
"ctowner, Hi!
option#2 is a XC90 3.2L w/climate, prem., & conv. -(not sure about NAV)-
I thought that the mileage was low for these deals and s/b 24/15K (.00071 & 68%) or 36/15K (.00139 & 58%). "
So can you please tell us what the Mthly payments are? And does this include AWD?
Thanks,
-Skee
see message #316 for breakdown:
option#1 is FWD: $375/mo
option#2 is AWD: $425/mo
Cynthia Dell
The vehicle is a 24 month lease, 12K per year, no cap cost, with AWD, DVD in back, conv., sunroof and 3rd row, 2007 model, metallic paid, xenon lights. Inception fees were sec. deposit, 1st month, DMV, doc. fee and bank fee.
What are the current lease incentives for the month of December for a 24 month/15k mile per year term? Also, is the $1000 customer loyalty cash available to use for the curent lease incentives?
Thanks in advance!
"So here is the deal. It on a 5 passenger base Xc-90 (there are so few around)with an MSRP of $39830. Comes with All wheel, climate and metalic paint. I can buy it for cash at $35,526 or lease for $325 per month for 24 months with cap reduction of $3602. Waiting to see it in writing but should confirm this by this evening. Color is Metallic Silver."
Did you get this deal in writing?
What were the final numbers?
e.g., was it $325/mo for 10.5K, 12K, or 15K miles?
Where is this dealership located?
Thanks,
Cynthia Dell
"Volvo Finance's current buy rate lease money factor and residual value for a 24 month lease of this truck with 15,000 miles per year are .00071 and 68%, respectively. The numbers for an otherwise identical 36 month lease are .00139 and 58%."
Do these numbers hold for Dec?
I'm reposting my two NYC deals, can you tell me if these are good leases for the NYC area?
option #1) XC90 AWD 5 pass Base Truck: Black w/Beige Interior.
MSRP $36,830; Dealer Price $34,070;
24/10.5K miles; $375 fixed per month;
buy rate lease: .00024;
residual value: 67%;
$2,351.08 upon signing with breakdown:
- $375.00 fixed monthly payment;
- $803.00 8.375% NYS Tax;
- $202.50 MV Fees;
- $375.00 Security Deposit;
- $595.00 Bank Fee;
option #2) XC90 AWD 7 pass/leather Truck: Silver Metallic w/Black Interior; CLIM., CONV., PREM pkgs.
MSRP $45,075; Dealer Price $40,960;
24/10.5K miles; $425 fixed per month;
buy rate lease: .00071;
residual value: 70%;
$2,551.08 upon signing with breakdown:
- $425.00 fixed monthly payment;
- $903.00 8.375% NYS Tax;
- $202.50 MV Fees;
- $425.00 Security Deposit;
- $595.00 Bank Fee;
Thanks,
Cynthia Dell
"(The same dealer also said it is impossible to lease with the OSD program)."
According to a OSD specialist you can lease an OSD model. However the only program that can be used with this is Volvo Fin. The bad thing is that this does not result in the lowest payment arrangements. In addition, with most leases, people want to put down as little as possible...and with the $2K-$4K required deposits...most of the time you find that the monthly payment on a conventional finance is less than an OSD lease.
Hope this helps!
Cynthia Dell
I'd rather have a V8, but can live with a 3.2. I want to get the lowest monthly paymenht. ON average..assuming similar levels of equipment..how much more expensive on a lease will a V8 be vs the 3.2?
the cheapest i have seen a used V8 for sale was a 2005 in my area it had 18,000 miles. no dvd no nav. but most other options. they wanted $38k. on a deal where i put little to nothing down, i'd have a pretty big monthly payment. close to $600 to buy it. i'm guessing I can lease a V8 for less.
if I didn't splurge on options like DVD or NAV..but most other options...how cheap should I expect a dealer to be willing to go on a V8? could you get one for $450/month or less? assume I only put down $2000-2500..enough to cover inception fees.
Thanks for the response. Thanks for clarifying. I am amazed at the amount of misinformation out there regarding OSD in general. I spoke with a dealer this weekend and he said he would attempt to structure an OSD lease using the published Volvo lease rates. So, I am going to put together an offer using rates provided by Volvomax - for a XC90 V8, 24/15k, 72% residual and .00117 money factor. I don't understand the difference in lease rates since Volvo still owns the equity in the car wether I take delivery here or in Europe. I've leased several BMWs on European Delivery and they make it very easy - there is no difference structuring the lease. Once I know the answer, I intend to call Vovlo OSD and will post the outcome here.
Only the "normal" rates can be used.
VFNA's current standard lease rate is .00453!
BMW doesn't subvent their rates like VFNA does. Since the car is already discounted, plus the free airfare they can't afford to give you the rate as well.
Where were you quoted these prices?
Thanks
Mind you my lease is
24 mo
15k/yr mileage (yey!)
$399/mo (before tax)
1,000 out the door
I think I got a pretty good deal... reason I posted is, if they're not "losing money" on me, you guys should have some idea of what to shoot for
MSRP: $36,830
Invoice: $35,047
Cash price: $30,975
Residual: $24,676.10
Monthly Payment: $345 + Tax = $373.46
Down Payment: $2410 (includes first month with tax, acquisition fee, security deposit of $375)
Let me know. Thanks.
- money factor
- residual
- approximate bank acquisition fee (I'm being told it is $845 through Volvo finance which seems very high)?
- approximate MV fees?
I've been given some great lease and purchase rates from a local dealer but some of the other costs seem out of line a bit.
Thanks,
Steve
I'm also waiting for a response on my car data and Dec '06 M.F. & residual numbers.
My quotes for bank acquisition fees in Nov. was $595 on one deal and $795 on another deal within the same dealership.
Cynthia Dell
That is pretty interesting. Did they have an answer as to why there was a $200 differnece between the two quotes?
Thanks,
Steve
One deal was with bank financing, "Wells Fargo" (12K mileage) and the other "Volvo Fin" (10.5K mileage).
In addition, they did not like when I started talking about calculating the deal(s) with M.F.'s & residual values, so I will be approaching my deal via the Internet Sales Department...or an OSD.
Cynthia Dell
Yes,I am now driving the car purchased in Denver at $35,526 cash with AWD, Climate, and Metallic paint. I didn't go with the lease as it was only for $10.5k miles and they wanted to write the lease at invoice not the lower price I got.
Good luck, Ralph
Not sure of your question but I just purchased an XC90 in Denver for under invoice.
Ralph
#316 of 338 Help in finding XC90 Lease offers in NYC area?
option
#2) XC90 AWD 7 pass/leather Truck: Silver Metallic w/Black Interior; CLIM., CONV., PREM pkgs.
MSRP $45,075; Dealer Price $40,960;
24/10.5K miles; $425 fixed per month;
buy rate lease: .00071;
residual value: 70%;
$2,551.08 upon signing with breakdown:
- $425.00 fixed monthly payment;
- $903.00 8.375% NYS Tax;
- $202.50 MV Fees;
- $425.00 Security Deposit;
- $595.00 Bank Fee;
#1 The question on this lease is what would a lease be with MSRP at $45,075 for 36 months and 12,000 miles be with all wheel drive in Denver Colorado?
#2 Was the option# 2 above and All Wheel Drive XC90?
so has anyone crunched the numbers...and assuming all other factors are held constant... is it cheaper to lease an XC90 for 24 months or 36? in terms of monthly payment??
i'm assuming minimal money down - just inception fees. mileage can be 10,500, 12k, or 15k i don't care. just hold it all the same, and see what's cheaper 24 or 36.
Its cheaper than 48 months!
MSRP: $45075
Sell Price: $42000
Money Factor: 0.00071
Residual: 71%
Milage: 10,5000/year
Bank fee: $795
Security Deposit: $425
Registration: $218
Document fee: 175
Cash down: $2000
Initial payment: $4000
Monthly payment: $420
Is this a good deal? Thanks!
i thought the general idea was to put as little down as possible on a lease. if you drive off the lot and it gets totalled..you runt he risk of losing all that money.
Thanks for the reply.
they had one I liked. Nice white V8 with light leather. it had a few options, but not too much.
MSRP was $50,400.
I asked the guy to run numbers on a 24 month lease with $2000 out of pocket. That would be just to cover inception fees.
he ends up coming back wih the actual selling price being $50,400..so he acted as if I'd buy it AT MSRP.
the MF was .00117.
24 months. 10,500/year.
the monthly payment came out to like $715.
I told the guy that was insane...I told him I'd been on "inside line" and seen cheaper deals, and that I'd never seen ANYONE actually pay MSRP on al ease... he said he'd never heard of inside line, said all the numbers were "from volvo..we can't deviate".
he tried to tell me that the deals I'd seen on inside line msut have been from some othe state and the deals would vary greatly state to state and dealer to dealer.
anyway... is this highway robbery or waht? $715/month..and that was BEFORE taxes...
I was expecting that a $50,400 MSRP XC90, with about $2000 total payment to drive off..would net me somewhee in the mid 500s....
someone educate me...
I used the Edmund site to request multiple quotes in central/northern NJ. One came back at MSRP, 3 significantly less. As I emailed back and forth between the dealers, ended up with the deal quoted above. BTW, lease with about $2000 down to cover inception fees was $450 + tax per month.
Good luck.
the salesguy was a moron. I told him I was leaning toward a V8 b/c the 3.2 would not have enough power. the salesguy told me not to worry because it was turbocharged... I asked him if he was sure the 3.2 had a turbo and he again said yes. I told him I knew it wasn't and he looks at the window sticker and then tells me how he got confused with the 2.4T...whatever...guy dind't even know his product...
I figured a car that had an MSRP around 50k should be at or near $500/month if I put down about $2000 to cover the basic fees.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
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