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You can lease one through an independent bank and take advantage of the $5,500 dealer cash and $1,500 cash incentive for leases through anyone other than Volvo Finance if you want though.
Car_man
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Many thanks.
Good luck with your decission, if you want a list of all the problems I´ve had I will be more than happy to give it to you.
We have a 2007 lease that is ending soon, and we're trying to decide whether to extend the lease for a few months, get a new lease or try a different model.
Anyone have any advice on extending a lease?
Car_man
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XC60 T6
MSRP $38200
Money Factor .00225 (is this good? I have Excellent credit)
Local tax 8.75%
Residual $13000 (this seems low to me)
$1861 down payment
monthly payment of $532
48 month lease
going through USB Leasing
I am happy to try to work with them but feel like I am not getting a "fair" deal...
There has been some double talk about USB "Buying down" the MSRP by $6000 - can you tell me what this might mean...
I have had two leases back to back with Volvo and have never had any issues in the past... same dealer...
I appreciate any help you can give -
Should I worry about paying a penalty when I return the car if the tire size is different from OEM?
Car_man
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I think you can probably sell the car for around $22,000 (my refinance bank said it was worth) so $21,500 might be pushing it. If they need a wagon, I would look at Subaru Outback (to buy) or Passat if they just want to lease. At 21,500, their monthly payments wont be that different and they wont need to fix up the 3 year old car.
I suppose there's no harm in trying to negotiate a better price...
Of course everyone has to choose the deal that works for them. However, in my opinion, that is a terrible deal (see leasing info on edmunds.com as a backgrounder as well). I am the proud owner of a 2007 XC 70 (premium, Xenon) which I originally leased and then opted to buy. I also LOVE Volvos.
However, I am unlikely to lease another XC 70. Volvo and their lending partner USA bank do not offer good interest (money factor) rates and frankly speaking, the new XC 70 is not worth the asking price when you compare it to other cars out there (BMW, Audi, VW, and Subaru).
If you really have your heart set on this car, it seems that buying it will cost you about the same. Also, never put a lot of money down on a lease (see edmunds for reason). If you are a Costco member, you should get another $1000 off the price. See edmunds true value for a good price but I wouldn't pay more that the low 30's for a new XC 70, Volvo is way over charging. If they dont come down, then simply look at some of the other wagons out there. Although it doesnt have the name, the Subaru Outback (V6), is a great alternative if you need a big wagon.
Anyway, this is just my opinion, but I wanted to help you out with my thought, hope it helps.
Have leased all of my cars over the last 20+years. This is the first time I'm considering exercising the buy option and keeping it. Also wondering if I should buy it and then trade it in on something else... Or just return it ($395 return fee) and lease again....
Goal is to keep my monthly payment as low as possible....Have been paying $453/month (48 mo lease) and would like to lower that amount.
Any advice would be greatly appreciated....venturing into unknown territory here and it's all pretty overwhelming. THanks.
We purchased our 2007 XC 70 at the end of our lease and are extremely happy with the decision. We chose to do the financing through with our own bank. If you are comfortable with the car (feel its reliable), then there is no better car you can get for $15,000. That was our logic. Anyway, I love the 2007 XC70 model. The 2008 body style does not appeal to me (not as nimble). Its solid and rugged but still drives well.
We did it after 3 years and still are under warranty until December (4th year). We also changed the tires - heavy car = more tire wear and tear and had the car detailed. Our baby looks brand new. There is nothing better out there for a comparable car with that 15,000 price.
Enjoy it
I've been looking for a used xc70 for a few months....dealers, ebay, craigslist. A 2007 xc70 with under 40k miles is worth above 20k. I just bought one from a private party for under 20 but it was hard to find this one and it took me months.
Let us know what you decided.
PS: also, the reliability of the 07 xc70 is very good compared to audi, bmw, subaru etc according to actual repair data reported by users via TrueDelta
We're looking at an XC 70 with a MSRP of $44k and a sales price of $35,669.
Volvo isn't providing lease support on the 2010 XC70 any longer.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
T-6 Premier Plus for 36 and 48 months 15k per year
3.2 AWD Premier Plus for 36 and 48 months 15k per year
Thanks
The numbers for an otherwise identical 48-month lease are .00170 and 43%.
The numbers for the XC70 3.2 Premier Plus AWD are .00143 / 52% and .00170 / 42%.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Could you provide the current money factor and residual for the following vehicles for 36 months and 15k miles per year?
2012 and 2013 XC-70 3.2 Premier Plus
2012 and 2013 XC-70 T-6 Premier Plus
Thanks in advance.
The numbers for an otherwise identical lease of a 2012 XC70 T6 Premier Plus are .00113 and 50%.
The numbers for the 2013 versions of this vehicle are .00178 / 56% and .00178 / 58%.
Car_man
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Could update the XC-70 rates as well for September?
Thanks.
US Bank's current buy rate lease money factor and residual value for a 36-month lease of a 2013 XC70 3.2 Premier Plus with 15,000 miles per year are .00178 and 54%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a 2012 XC70 T6 Premier Plus are .00178 and 56%.
Volvo isn't providing lease support on 2012 models any longer.
Car_man
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Could you provide the December lease rates for the XC-70 T-6 Premier Plus and XC-70 3.2 AWD Premier Plus for 24 and 36 months with 15K miles per year?
I have held off over rumors that Volvo Finance was coming back in December, and judging by the offers on the website, it seems it has.
Thanks
The numbers for an otherwise identical 36-month lease are .00115 and 53%.
The money factors for a 3.2 AWD non-Premier Plus are the same, but the residual values would be 3% higher.
Car_man
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Could you please provide the current lease rates for:
1) XC70 3.2 FWD Base
2) XC70 3.2 FWD Premier
for 24 and 36 months with 15K miles per year?
Does adding the technology package factor into the lease rates or just an add-on?
Thanks!
The numbers for an otherwise identical 36-month lease are .00120 and 54%.
the money factors for the Premier are the same, but the residual values are 64% and 53%.
The addition of the technology package does not impact this vehicle's money factor or residual value.
Car_man
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Can you provide the base money factor and residual for March for 24 and 36 months with 15K miles per year for the following XC-70 trims:
3.2 AWD Premier Plus
T-6 AWD Premier Plus
Thanks!
The numbers for an otherwise identical 36-month lease are .00120 and 53%.
The numbers for the '13 XC70 T6 AWD Premier Plus are .00120 / 67% and .00120 / 55%.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Could you update the above for the month of April?
2013 XC-70 3.2 AWD Premier Plus 15k 24 and 36 months
2013 XC-70 T-6 AWD Premier Plus 15k 24 and 36 months
Thanks.
We have leased for the last eight years (hondas) and turn them in with approx 23,000 miles on them.
Can you help me with the numbers on this vehicle??
We are working through the Costco program which gives $750.00 below invoice and all other available incentives. Thanks in advance for your time.
Caleb
The Costco purchase program for Volvos is a good one.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Trying to decide if the Volvo Costco offer is good enough that I should try to end my 42 month lease on a 2010 Audi A4 4 months early. Any recommendations? Should I pay off the 17500 RV on the Audi and trade to the Volvo dealer?
Thanks!
Could you tell me the base rate money factor and residual for the following vehicles for 24 and 36 months and 15k miles per year?
XC-70 T-6 Premier Plus
XC-70 3.2 AWD Premier Plus
XC-70 T-6 Premier Plus
XC-70 3.2 AWD Premier Plus
Thanks
.00040 MF and 56% residual
24mo, 15K lease
.00001 MF and 66% residual
2014 XC-70 3.2 AWD Premier Plus
Residuals are 55% and 64%...
Money factors are the same as the T-6
regards,
kyfdx
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What is MF and residual on a platinum AWD T6 XC70 please. Lease 10k m.p.a. Term 24 and 36 months
2015
24/10 - .00110 and 70%
36/10 - .00133 and 61%
2014
24/10 - .00112 and 64%
36/10 - .00135 and 55%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
New to this forum, but I've been a long time lurker. Thinking about pulling the trigger before the month is out on either an XC60 or XC70... unless the experts think I should wait until next month?
Do you have the current MF, residual and incentives for the 2015 and 2015.5 XC70 T5, Drive E, FWD , Platinum, Dual Stage Child Booster?
36/10K & 39/10K
Thanks in advance!
2015: .00070 MF and 55%/53% residual. $500 lease cash.
2015.5: .00165 MF and 52%/51% residual.
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Sorry to bother you again wondering if the October numbers were out yet?
MF, residual and incentives for the 2015 and 2015.5 XC70 T5, Drive E, FWD , Platinum, Dual Stage Child Booster?
36/10K & 39/10K
THANKS Again!