Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
http://www.bankrate.com/calculators/auto/auto-lease-calculator.aspx
The deal comes with climate, premium and versatility package
You can really slice these payments any way you want; money down vs monthly payment so it was a monthly budgetary thing that determined how we wanted to pay. Our tax rate is 7%. We get 12k per year. Last lease we had 10k. it didn't work outr very well.
Good luck.
M
HELP!
Went today for the Costco deal of the day at Volvo in Fremont, CA.
Got all the stuff- $500 under invoice, $500 additional Costco incentive, 4250 lease incentive.
MSRP 42350
(37,700 base, plus had metallic paint, climate, bluetooth, AWD, and he added 250 for fun) which totalled the 42350
Invoice on all this was 40,042
39% residual, 36 month lease, 12K miles/yr
Money Factor: .00230
Monthly payment including 9.75% CA tax= 604.17
Drive off= 4885.22
(2499. cap cost reduction, initial fees 976.75, annual fees (DMV) 470, tax 2267.42)
Going in, I told them I wanted a payment around $500 and drive off 1K or less.
What's wrong with this picture?!?!?!? I walked away and they couldn't have cared less.
I really want this car. I have an ML350 that I hate, lease up in 3 months, and want a 3rd row seat. Any advice is appreciated!
First post to this board- so thanks for any help you guys can offer!
I am an Acura car owner (2 actually), but due to a new job, need cargo space. Looked at MDX, but the Acura board gives it horrible reviews for the transmission.
I've decided on the XC90, and finally found one that isn't going to cost me a kidney.
A local dealer has a base model 2009 XC90, and they want $29,900. Will not budge on price, and don't even want to take my trade (which isn't a big deal).
Here's the stats:
Leather seats - only upgrade on the whole car
No sunroof or moonroof
5 passenger only (no third row seat)
1 disc CD
I am fine with all of the above- using it for work, so the new 60K mile wear/tear warranty is really pushing me to go ahead. Hubby however, thinks there might be room, and is pressing for additional $$.
I have been down this road with another dealer last week, who absolutely insisted that they don't have $2k to budge on the XC90's, which is when I walked away.
So, do you think $29,900 is a decent price for an 09 XC90? They are selling it as new since it's never been titled, which is how I'm getting the warranty, but it has been in their loaner car program for a week. Salesman told me that's how they can offer it so cheap- that they got a $4500 rebate from Volvo for flipping it to a loaner. Hmmmm..... fact or fiction?
Thanks so much- we really appreciate any help we can get!
The reason Im not a big fan of my old ML350 and now my NEW one (Yep, got suckered back in)
is that its a HUGE money sucker. The tires, brakes, service, all about 4x every other car. And I don't go to the dealer!
Thats the real only reason,. I have to say, its all pimped out this year, and I love the ride and all the extras. (I got the P1). The rear camera is great- I havent hit a pole yet!
It's looks like you're trying to purchase a base model XC90 from the beginning of the model year. Midway through the year, the premium package (leather, moonroof, power passenger seat) and versatility (3rd row seat) became standard but the base price remained the same. For that reason, Volvo put more incentives on the earlier model. Currently, XC90s without a 3rd row seat have a $4000 rebate (the one you're looking at) vs. $1500 for those with 3rd rows.
http://www.edmunds.com/incentives/RebateController?styleid=101063593&popuppage=o- n
However, it's interesting that you said it has leather but no moonroof because the premium package includes both of these items. Did the dealer install the leather, maybe you should get that clarified. Either way, I went over to cars.com (edmunds no longer has the option to build the early model year 09 XC90s) and assumed it DID have the premium package, and also metallic paint.
MSRP: $39,345 / Invoice: $37,034
http://www.cars.com/go/configurator/summary.jsp
With the $4000 rebate, $29,900 seems like a pretty decent deal especially with Safe and Sound.
No premium package; the dealer DID install the leather. Also, no metallic paint- it's Black stone. Still a good deal?
I tried before the post to build it on edmunds.com,. and it came up N/A on all counts. I'll head back over to cars.com and see what I get.
Sticker $ is $37,825, same as the newer base models (with premium pkg). We're serious, it's super basic and stripped down. So if the 5 passenger is discontinued, would resale down the road be an issue?
Thanks!
Anyhow, Thanks in advace
Nayan
So basically you're paying $1700 below invoice on the stripped 09. That's a tough call. I know Safe and Sound is a really attractive part of the deal but I think you can do slightly better since it is almost 2010 AND this model is discontinued. Also, since this has been a demo for a week, how many miles are on it? If its less than a couple hundred miles, I'd squeeze for maybe an extra thousand; if there's more miles, go lower.
All in all, its not a horrible deal but I think you may be able to do a little better since I think you will take a hit on resale.
Thanks
Contact me @ tonyg310@hotmail.com
Looking at the Courtesy Vehicle with 7300 miles. Sticker was $40,225.
It has Climate Pkg, Metallic Paint, Wood Wheel. Also has cross bars but I think the dealer put that on.
Anywho, the lowest they will go is $33,250. Seems like I can get a brand new one for just a couple thousand more, no? Why isn't there a bigger spread here btwn new and used?? Is this a good price? I want to pull the trigger if they get to $31,000ish. Thanks for any help.
It is a 2010. 2WD. Lets assume it was a loaner. How do I find out invoice? Will they just tell me (not used to dealing with dealers). Thanks!
I am trying to figure out what to do. Can someone please list all of the incentives on a new XC90 for us?
I know the Costco program is offering $500 off of employee pricing + $500 Costco gift card
Manufacturer to Dealer is $500
Owner Loyalty is $1500
Are there any other incentives out there for US bank or leasing through a 3rd party bank?
How to I figure out the employee pricing starting point to see if I am getting a good deal? We are looking for an XC90 with AWD, 3rd row, climate and bluetooth.
Thank you so much for all of your help. I really really appreciate it.
volvogirl2
I offered them $30.5k just now. We'll see if they bite. I'm not willing to go up much more, if anything at all. I think that is a fair price for a car that is stickered at $40k with 7k miles on it...and has been in loaner service since June.
I will give you some suggestions by the end of day along with current values? Your location? ( ex. Albany NY) this sometimes comes into play not looking for anything exact
Lease is through VCF. I live on Long Island. Current payments on 2008 XC90 AWD, 3rd row, climate, versatility and rear seat entertainment system is $430 per month. Buy back is $31,400 + taxes. It currently has less than 18,000 miles on it. Lease is up by the end of the month, but I can extend it through VCF for 2 extra months.
I am trying to figure out whether I should buy my 2008 back or lease/buy a new 2010 XC90 similarly equipped (minus rear seat entertainment system). MSRP of new vehicle would be $42,350. What would the invoice be? Then if I minus the current incentives of $2500 - where would I be? What would be a good deal on this car? And with the new leasing deals, residuals are very low (something like less that $16,000 buy back after 48 months) - does it make sense to lease and then buy after 48 months?
Thank you for your help with this!!
I am assuming it is 6 cyl, I am retired GM from volvo,the programs are horrendous, I just turned in two cars and after 35 years this is the first time there will not be a Volvo in my driveway.
I would definetly extend the lease for the 2 months contact me, some things I just cant post in a public forum somethingnew53 yahoo
here is a copy of what I posted in the Honda pilot forum
No I do not charge a fee, sometimes you just have to give back and be thankful for what you have. I do this for local people that need some help or dont like the whole process, and in todays economic times if I can save people a couple of dollars a month it is reward enough. I am not looking to help those whos only interest is to beat a dealer over the head but to help those that need to be educated about there deal.
I have helped numerous people on the volvo xc90 and xc 60 boards already as to availabilty and programs, have provided MF, residuals, rebates and incentives etc.
Coming from an industry that sometimes doesnt have the best reputaion there are dealers that do business the right way and those that take advantage of people.
If I see someone posting a deal that I feel is not equitable, I will let them know and try to help, keep in mind that like everything else in life it must be balanced. Deals can tilt both ways sometimes a little to the dealer sometimes a little to the consumer and that is OK but it should never be totally tilted in either direction, if they all tilted in the consumers benefit than someday that dealer may not be there to provide service.
I know the Costco program is offering $500 off of employee pricing + $500 Costco gift card
Manufacturer to Dealer is $500
Owner Loyalty is $1500
I am not a current Volvo owner so we are not eligibile for this incentive.
Finance rate is 4.34%
I have a copy of the invoice
Base 37130
All Wheel Drive Traction 1880
Climate package 752
Metallic Paint 517
Destination 850
Advertising 250
Total 41,379.00
They would be offering 500.00 OFF the above invoice.
Is there any room for negotiation on this or should we go ahead with the deal?
For all posters please list your area with your questions, Sometimes what is happening in some major markets is not happening elsewhere. the incentives are usually the same, what varies is the advertising fees and the degree of dealer discounts.
They agreed to the additional $500 mfg to vendor bringing my price to
Invoice less $1000.
Deal or no deal???
Thank you very much
2010 2WD w/ 7k miles
Metallic
Wood Wheel
Climate
3rd Row
I think everything else is standard. Park Assist as well, but I think that is standard? Sticker was just over $40k (I think $40,225).
They came down to $32,500. But it does not sound like they will budge another inch. Dealer broke down a new car with same equipment and it came to $35k and change (w/ loyalty, costco, $500 manufacturer). I would think that 7k miles would depreciate the car a little more than $2,500. Frustrating. I feel like they just want to get me into a new car if they can. That, or the incentives really don't allow a loaner car to make financial sense.
Happy Holidays
cost = 38113 including adv fee
Minus 500 market support
minus 500 costco
minus 2000 holdback
minus 2000 loaner car support
minus 1500 loyalty if you qualify for all the above
plus 300 park asst ( this is not standard but might have been dealer installed)
total= 31913 this is what is called dealer net net cost
I would ask for oil change and new front brake pads, at the 32500, that 7k was all local driving as a loaner car outside of that a good deal.
Happy Holidays
Yes invoice minus $1000. Plus you get a $500 costco card from Costco. You can't really count that in the deal but it is part of the incentive.
Thanks for your help!
Happy Holidays
Quick question, I just noticed that USAA has discounted prices...looks like $1000 below invoice. Can I stack with Costco, or is it either one or the other?
This is the math I'm getting for one with $37,411 ($39,425 MSRP) - FWD, Metallic, Wood Wheel
-$1,000 - USAA
-$500 - Manufacturer Support
-$500 - Costco
-$1,500 - Loyalty
TOTAL: $33,911 (or $34,411 if I have to add back Costco)
Is this correct, or do I need to add back the $500 due to offers not being able to combine? Obviously I use USAA program if not. Also, I am in Atlanta. Can the dealer offer any discounts? Thanks for all your help!
$37,807 Invoice ($39,900 MSRP)
-$1500 Loyalty
-$1000 USAA
-$500 Costco
TOTAL: $34,807
Final question. There is $250 in advertising included in the invoice pricing. Is it possible to get any more $$ off from the dealer? Thanks again for all your help!
I'm in the market for a 2008 XC90 AWD. I'm located in the Boston area and shopping at Boston Volvo and 128 Volvo. Both dealerships have a decent inventory to choose from and most vehicles are just off lease. I'm wondering how much negotiating room there is from the dealer's listed selling price? Also, I'm looking to make a purchase in the next few weeks. Is it worth it for me to get done by the end of the year? Will the dealer be looking to move inventory before year end which in turn may get me a better deal? Any similar experiences or advice? Any help is much appreciated! Thank you!
I get all of the incentives. Question is, can the dealer come down beyond invoice minus the $3k in incentives (Loyalty, USAA, Costco). Thanks!
My wife and I are also looking at used 2008 XC90 AWDs at Boston Volvo and 128 Volvo. Have you visited either dealership? We have spoken with Jerry at 128 who is one of the internet salesmen. He indicated that it is roughly $2k more to make their used XC90's certified used Volvo's with the 7/100k warranty. I have not contacted Boston Volvo, but I assume it is the same case there.
I'd be interested to know how much lower either dealer is willing to go on the price. Based on the online inventories, it seems like 128 has better initial prices.
If I get a chance to visit either dealership, I'll post any other information I obtain.
Good luck!
Thanks,
SK