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2013 and earlier Volvo XC90 Lease Questions
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
I have negotiated a price of 36,404 on a new 2008 xc90 fwd 7 seater v6 with convienience,versatility,and premium packages. It also includes blis. The msrp is 45,630. I have been offered .00226 as money factor and 27% residual for 60 months and 15k miles annual. Is this a good deal? Is this the correct mf and residual for 60 months and 15k?
Thanks,
Randy
edmunds.com shows the following "cash to dealer" incentives:
$3000 and $400 Bonus Cash to those who finance with Volvo Finance North America. Can these $3400 be used as capitalized cost reduction in price negotiation?
Thanks for your help
Thank you!!
Expect around 17 MPG for the 3.2
Volvo XC90/V6/AWD/Premium/Versatility/Climate/Navigation/12k mi/yr
Down Payment: $2,451 (includes first mo. payment & $550 sec. deposit)
Per month: $549
Is it a good deal? Besides the mo. pmt. and down pmt., which other factors should I consider? Thanks a lot in advance.
thanks!!
2008 XC90 FWD
premium
convenience
versatility packages
navigation and DVD system for 24 months, 10,500 miles a year, $2,000 drive off, and monthly payments of $475 + tax.
For 20 cents more on a 19 gallon tank, pay 4 bucks a week more and have better horsepower.
I was quoted 375 lease payment per month. can anyone give me advice what my payment should be and factors. The msrp is 43500.
Thanks for any help!
hub
Premium
Climate
third row
I am looking for a realistic range before taxes for upfront fees and monthly payment. Any help would be appreciated.
Just one question, as to " $1000 excess wear and tear allowance" you mentioned, how does that works? Any additional fees for it ? or it's included in the monthly payment? Does it mean that at the end of the lease term, the wear and tear can not be over $1000?. I leased BMW prior and never heard this term before.
IN addition, do you have any idea what will be the maintenance fee like for 24 months and 36 months.
Thanks a lot
http://www.volvocars.us/salesandservices/maintenance/FactoryScheduledMaintenance- /
Your WearCare lease includes waiving up to $1,000 in excess wear and use charges*
http://www.volvocarfinance.com/lease/features_benefits.jhtml
premium and versatility packages
24 months, 12k miles a year, $4352 drive off, and monthly payments of $338 (taxes imcluded)
Bought a 2 yrs mainteance service plan for $352 which covered oil changed and standard maintenance service. According to dealer, it's a 50% off the regular cost.
Wish this would help
as per dealer, starting tomorow 11/15, volvo will be including their dual screen entertainment system for free. Does this mean that not only the DVD system will be free, the lease will also go down since MSRP and residuals will reflect the $1500 but cap cost will not. Please let me know if i am correct
Thanks
I'm still trying to decide what to do. The car I've been looking at has an MSRP of $44,725 but a dealer listed price of $38,499. What's my chances of getting it under $500 with no money down?
I'm still going back and forth between the XC70 and the 90. Anyone have an opinion on which I can get a better deal on? Mileage is not an issue for me, I'm always under 10,000 a year. I don't want to put any $$ down either.
You EITHER get the free DVD player OR the $2000 lease support
Not both.
Payment went up a couple of dollars,but he wanted the DVD system.
there are $3000 and another $400 in cash to dealer incentives are listed on edmunds. Can those be applyed to leases?
XC90 2008 Awd 7 seat dvd and sunroof
What do you think is this a good deal or is there a better one out there?
XC90, FWD 3.2 MSRP 44,500
Prem, Versatility, Navi, Grey Titanium, Black Leather Interior
Cap cost- $39,500 (including $595 acq fee and the $2000 rebate)
Money factor .00078
Residual 63%
24 month, 12k
$559 per month.
$967 drive off which includes first month.
I have seen some $37,000 and $38,000 for this model- I am wondering if those are just one offs or can I keep pushing? It seemed to slow down here during the negotiation.
Thanks
Yesterday, I got an offer for a 24 month lease for a 2008 XC-90 AWD 3.2 with metallic paint (apparently that's extra), with the Climate, Versatility and Premium packages, and with DVD's for two in the head rests (the DVD's being "free" because of a current incentive). Because I suscribe to Edmunds' advice to pay as little down as possible on a lease, the money up front would be $1,526.03 (which, I think, includes the first month's payment, the bank fee, and a $600 security deposit which may be waived if my credit score is more than 720).
The monthly payment would be $592.90 - which I negotiated down from a first offer of $608.32.
Several Questions:
1. How does this monthly payment strike you? Is it good, fair, bad, or what?
2. I can wait a month or two before getting a new car since I have until January 22 on my current lease (not a Volvo). Any sense of whether the money factor, residual value, and other potential incentives, in the aggregate, will enable me to strike a better better or worse deal in December? January?
Any thoughts or advice would be greatly appreciated.
It was either high 47,000s or low 48,200 MSRP for a few hundred under invoice. 2 year lease, 12,000 miles, $2500 total out of my pocket, NY tri-state lease
..Oh, and it has the DVD in the back...3 row seating.
$497 a month and I still want to get him down.
Any input? Thanks!
xc90, 3.2, awd, premium, climate, metallic paint, BLIS, it's NOT at 7 seater...
resid. .66
mf: .00064
24 month
10,500 miles
$476/month x 23 months (my out of pocket includes 1st month)
$2547 total due at signing
NJ/NY area
How does this look??
Is it smart to put money down when financing to purchase a car or is it best just to get the money from the trade-in and apply it towards that?
Need responses ASAP!
I earn ~5% on average through my money market. So anytime someone wants to lend me money at a rate lower than that, I take the loan and keep the money in the account. Of course, there are other considerations to keep in mind, such as gap insurance. So you can't lose sight of that, either.
'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
I have a quote of $549 per month for a Volvo XC90 (up to but NOT including the convenience package; no navi; 10.5K/year; 24 months). The price is with nothing down, including taxes rolled in and with the Costco $1000 reduction; I would still have to pay $1549 out of pocket for first month, dmv and bank fee. The bank fee is about $790.
I have 5 payments left on my current leased car (not a volvo) at $320 per month. Volvo is telling me that they will pay three of the months (i.e., $960). They say that they will net the $960 left on my current lease against the $1549.
Something doesn't feel right about this. For nothing down and taxes rolled in, $1549 (or really $1000 b/c $549 is the first month) seems too high. Is the bank fee something that the dealer will usually waive?
Fyi, every other dealer (volvo or not) that I went to said that they would not pay the $960 left on my current lease - that if anything, they would roll it in to the cost of the lease. So, I feel like these guys are getting me to pay it somehow.
What do you all think?
Do you mind sharing the dealer and contact? I'm in South Florida also.
I can't email you unless you enable that function.
Can yo please let me know if this is a good deal.
2008 Volvo XC 90 - 3.2 V6
Black with Black Leather Interior
Convenience Package
Versatility Package
Premium Package
Climate Package
Entertainment System
BLIS
Navigational System
24 months
15,000 miles
Sign and Drive, nothing out of pocket, (Tax, Title, all payments, included in monthly Payment.)
$680 a month
Also, I am considering getting this without Nav, what is the feedback regarding the Nav system.
Thank you,
Bruce
Assuming that the rade is free and clear.
If not, then any equity can be applied to the tax and license fees.
We have an offer from Volvo of Charlotte (in NC) on a 3.2L, 5 seater, Metallic paint, premium pkg, climate pkg, navi and the "free" rear seat ent system. The MSRP on the vehicle is 43,220.
Offer (using Costco's services)
Invoice = 40,205
Minus incentive of 2500
Minus Cosco saving of 1000
PRICE = 36,705 plus TTL
Quoted a residual of 62% (dealer quoted residual value of 27,827)
Quoted a money factor of .0009
I haven't finalized the lease agreement, but the salesman is quoting me a monthly payment of 541 with tax (property and sales) included. That is with a 1000 down (including first month).
My questions:
1) I feel good about the purchase price but want to know if I am leaving any money on the table.
2) How was the residual calculated? I cannot figure how 62% is 27,827 of MSRP or negotiated price.
3) Does the lease payment seem high with the info given?
4) What should I look at closely on the lease agreement when it get presented in a couple days?
5) Is it common for property tax to be included in a lease? I am accustomed to paying County/City prop tax on my vehicles, but didn't know it would be included in the lease.
6) NC sales tax (or "highway use tax" is 3%). In a lease, do I only pay the tax on the depreciation amount or the whole sales price?
I appreciate ANY help/comments I can get. I won't let 5-10 bucks a month keep me from getting my wife her car, but want to do the best I can.
Thanks in advance for any feedback and sorry for the long post.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Let's take a look at the selling price that you were quoted. The '08 XC90 that you are interested in probably has a spread of around $3,200 between its full MSRP and its dealer invoice price. Plus, Volvo is providing a $2,000 cash incentive on leases of XC90s that don't have the entertainment system. That gives you a total of $5,200 to play with. The $5,000 discount that you were quoted looks reasonable to me.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
As far as this specific deal goes, you never mentioned the selling price or MSRP of the XC90 that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing what this vehicle's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
As far as when to lease goes, Volvo's current lease program for the XC90 is scheduled to run through the end of the year. I do not anticipate it making any revisions to it prior to then, but one never knows what will happen for certain. Volvo's January lease program for the XC90 will likely be fairly similar to its current program, but it's difficult to predict exactly what an automaker will do with its future programs with 100% certainty.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum