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2013 and earlier Volvo XC90 Lease Questions
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Comments
Okay, call me dense but I cannot figure out the part about Hoboken and an Odyssey? It's also 3am so that might be an issue too
Anyone know if Volvo changed their tune this month with m.f. or anything else to motivate us?
Cheers!
I'll let you know Saturday whether I get the Highlander or Volvo. Right now, Highlander deal is no money down 36 mths, 12k/yr zero down $640/mth. I hope to get it down under 600 for a fully loaded limited 7psgr awd.
Current volvo deal i am getting is same as another post: 39mths / 39k miles 1950 down and $555 / mth. For a V8 w/ climate and blis. Going to try to get dvd thrown in to mix.
All depends on which car my wife likes better.
i still think you could potentially go lower? which dealership is giving you that deal?
good luck. as to the minivan issue, i totally understand. but i think we are just delaying the inevitable, eh?
What's with the Volvos? Their deals don't seem too fabulous. My guy said they'd get better later this year with m.f. and certainly then residuals but I'm not sure he even knows - just a guess.
jk - what does the volvo lease do w/zero down? Is it comparable to the Highlander? My money's on your wife liking the Volvo for the status and because the Highlander looks more truck-ish. Just my 2 cents
Let us know what you do and good luck!
Marinite
ps - I have no help here because my husband would drive his old Tercel (!) if he still had it. Sigh.
No one was willing to do the 39mth/39k lease for $1950 down and $555/mth. At 36 months/36k lease was coming out at $3800 and $555 / mth for the 2008 XC90 V8 w/ climate and blis. Dealer supposedly losing $500 with those numbers but willing to do the deal to move the car. So after negotiating this is what we got:
2008 XC90 V8 with climate / blis / rear ent. system (at dealer cost - $1547) / cross rails ($175) for 48 months - $3600 down (includes all costs & first payment) and $559/month. Residual is around $14,000 (35%). Cost of the car was $37,050 (w/ taxes etc). MSRP is $52k.
Not a great deal but in the end I'm ok with it. I was willing to leave and go to another dealer but my wife - who is 5 mths pregnant was just like "oh let's take it." I was like "you're killing me here." In retrospect I should have gotten the cost of the car down to $35k. Damn it.
What kills is that there is no residual on the rear ent. system. So basically, I am going to remove the head rests when I turn it in 4 years because they will be mine. Or I'll just buy the car.
Also re: minivan - friends just bought a 2008 Odyssey Touring (all bells & whistles). I drove that and definitely didn't like the way it handled.
If anyone is in NJ, I found out after had leaseed from a different Volvo dealer that Montclair Volvo is going out of business and that they are having a fire sale. So go there first.
Cheers.
Yep, I suspected that about the Highlander. Plus, I can't recall what the iihs safety ratings on it were but I do know that while the Sienna says it's top-rated, what they don't say is that is has the worst rear crash rating! Wouldn't be surprised if Highlander did too. And yes, all minivans tend to drive like that - land yachts really - another ugh factor.
Thanks for sharing your numbers and mf, too. That's a decent deal for a $52k car!
Enjoy
Marinite
funny ... we returned our '05 outback for the xc90. similar taste in cars i suppose. definitely agree that it is tough to get a kid in and out of that car.
good luck w/ your choice. our 2 year old is obsessed w/ the volvo. when we drove to grandma's she ran out and was like "my car!" she calls it a bus b/c of the rear 2 seats. can't seem to get her out of it - esp. when the middle seat is down and she can roam from front to back (when parked of course). must be the new car smell or leather seats ...
Love that the 2y.o. is obsessed. Mine are 2 too and would likely do the same - especially if we got the dvd! ? for you since I haven't looked at the xc90 for a few months in person... when the middle seat goes down, is it to the floor? That was my biggest complaint about the 3rd row - with 2 giant Britax carseats in the middle, there's no utilizing the 3rd row w/out removing a carseat - so not functional. Maybe I'm wrong?
Cheers!
If you are looking to use the 3rd row a lot for passengers, minivan is probably best bet as it is at least 10 inches longer than the xc90 and easy to access even if you have 2 car seats in the middle row. good luck.
Can you please tell me the MF and Residual #'s for a 2008 Volvo 3.2 7-Passenger AWD XC-90 on a 36-month, 15K lease?
Enjoy your new ride and the relative calm before the new baby arrives!
Marinite
Really? We've been been repeat customers there until just last month. We were looking for a used XC90 but all the ones they had were a bit overpriced and they would not come down enough in price. I had offered what I felt was a fair price based on information gathered here, but they would not budge. We ended up buying a CPO MDX from the DCH Acura store down the road. Ironically, I just looked at the website and still saw the exact XC90 we were haggling over listed for almost what I had offered them originally.
We still have our S70 that is my daily driver, but it'll still be a few years before we are ready to replace that. I guess then I'll have to look elsewhere.
Peeter
Yes, it was Volvo Financial, I think he made a comment that they were the only ones willing to write leases on the XC90's right now because everyone is losing money on them. I was told my return is going straight to Volvo Financial because they can't sell it for a profit on their lot. If you have the time, contact their internet departement. That's who I went through when I negotiated my deal and was very happy dealing with them because they were straight shooters.
What was the cap cost on your volvo and what was the money factor?
Only had the car two days, so I am hopeful that I will get used to it!!
I'd love to know what the $2000 down/fees were. That seems high but only in comparison to Honda - which really, is no comparison.
Congrats and I hope you like it - if not, I might be interested in assuming your lease - that's a good deal.
Cheers,
Marinite
MSRP 45350
Cost after incentives, discounts, etc. 30000 (This is the cap cost right?)
Residual 12698
mf .00190
Payment $441
The $2000 included title, regist, dealer fee and first months payment.
This was $100 less per month than the local dealer. We ended up traveling 35 minutes noroth to get this deal. The local dealer said he couldn't/wouldn't match the price, which often seems to be the case Naples!!
I'll give the car a fair chance, but if I cant find a comforatble setting for the seat and steering wheel, I may take you up on your offer to assume the lease!!
I was just curious about the $2000 which sounded high but not when I see what it covers. I think the only difference between the Honda Odyssey cost/fee is the dealer fee - any idea how much that charge was? Not that the van compares AT ALL to the Volvo! The van is not.cool.whatsoever. ...but we have twins and it's super easy for loading them.
Yes, let me know if you still can't stand the seats - they are something to get used to. I have a Volvo sedan now myself. I find that putting the seat bottom flat and getting lots of lumbar support is key - also I put the steering wheel close to my leg so my arms aren't reaching too high. Also helps so you don't notice the headrests which are huge if you really look at them. Part of the big safety package. Hope any of these ideas help.
Marinite
ps - I'm in NoCal but hey, could meet you in Texas if you really, really need an assumption and I haven't used some of your numbers to score an amazing lease deal, too!
Car_man
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If you opt to go with Volvo Finance's lease program, which has much better money factors and residuals than independent banks would, then the cash incentive is reduced to $2,000.
Car_man
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Car_man
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Car_man
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I don't know what the money factors and residual values for this truck would be for leases through independent banks, but if you lease through a bank other than Volvo Finance, Volvo is providing an unbelievable $10,000 cash incentive on this model right now.
Car_man
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If you are worried about absurd excess wear and tear charges, Volvo Finance is probably the safest way to lease because it is in its best interest to keep you as a happy customer. Nickeling and diming lessees to death would be pretty foolish for them because it would anger lessees and possibly cost its parent company future business.
Car_man
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Car_man
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I have finally found a comfortable position for the seat and steering wheel! I think that I had the steering wheel too high and I felt like I was driving a bus!!! I dont know if I will ever get used to the headrest, but it makes it a little more tolerable knowing we got a pretty good deal.
Replying to: stim (Sep 19, 2008 4:25 am)
Good morning stim. Volvo Finance's lease program varies by term and mileage allowance. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2008 XC90 V8 with 15,000 miles per year are an amazingly low .00001 and 43%, respectively. Volvo is currently providing a $2,000 cash incentive on '08 XC90s that are leased through Volvo Finance.
I don't know what the money factors and residual values for this truck would be for leases through independent banks, but if you lease through a bank other than Volvo Finance, Volvo is providing an unbelievable $10,000 cash incentive on this model right now.
Car_man
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* Replies to this message: stim (Sep 19, 2008 4:52 am)
o Car_man (Sep 19, 2008 5:02 am)
Last weekend looked at Lexus, Mercedes and Volvos. No V8's on two of the local dealer's lots and I'm only interested in a V8. Lexus rates are VERY high something like 750 for a three year lease on a RX330 and about 725 for a 08 GX470 - two grand down.
Mercedes offered the best deal so for. ML with Premium 1 and heated front seats the total price is about 595 monthly with 2K down for 36 months. MB seems to be subing some of the lease as the car lists for 52K.
Overall, the leasing situation is pretty bad considering numbers from two years ago and even last year were significantly better. No real incentives and no padded residuals. You think taking 10K of list is a good deal - not really since the car as of the 15th has now become a 1 year old car as the 09's are on the lots and stacking up at the port - so the 10K is really depreciation off list. From an accounting standpoint they still are making money on the car - just writing the depreciation off the books for the year. Not providing that in a Volvo Finance lease deal and working off the list on a 08 isn't giving you anything.
If I purchase a 2008 Volvo XC90 8cyl. Sport, can I still get the $10,000 factory rebate, or is it only available on a lease? If so, is this deal only available through 9/30/08? What are the best deals on purchases that are available now? Can I purchase the car for at or below dealer invoice, plus the $10,000 rebate? Thanks for your help.
Looked at Lexus and quickly walked away. MF was about 4.5% and they were only taking off 4K on a 08 GX. Payment in the 7's.
I'm paying 349 for a two year V8 (52500$) Volvo XC90 - would have to double that to get the same car and terms today. Love it but the numbers are way too high. My dealer hinted that Nov/December will show the best deals but V8 are going to be almost nonexistent this year. May have to do a purchase with the rebates and keep the car for a period of time 5 years or more to get the most out of it. But with Volvo phasing out the XC90 in 2010 it may be a really bad financial decision if I want to sell it.
The XC60 is being introduced for the 2010 model yr.
Phase out their best selling vehicle and biggest hit they've had in ... well forever? Who started that rumor?
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
http://www.autoblog.com/2007/12/17/report-volvo-xc90-replacement-cancelled/2
If parts of the article were true, I believe it would only mean the replacement is put on hold, but they would continue building and selling the current XC90. Pretty much the same thing Ford has done with the F150.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S