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North Carolina Volvo Car Dealers

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Help with lease on XC90
by g_p on Sat Dec 08 16:16:29 PST 2007
We have decided on an 08 XC90 and plan to lease for 24 mo/12K year. I would appreciate anyone who has some feedback on the following offer. I have always purchased and need some experienced voices with my first lease. 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.
Re: 2004 XC70 with 72,000 miles and Resale of Volvo Certified Vehicle [ronsteve]
by tlamb on Thu Jul 19 19:05:45 PDT 2007
Ron, I would like to compare notes about our experiences with Toyota of Wilmington as soon as possible. FYI: Volvo warranty person at Parkway said the CPO does not transfer. Do a Google search for "benzidine lawsuits nc" for my info. I'll be in the office tomorrow. (My wife and I looked at that same 2006 V70 over at Parkway, ironically.) Tom
Re: 2004 XC70 with 72,000 miles and Resale of Volvo Certified Vehicle [tlamb]
by ronsteve on Thu Jul 19 04:42:56 PDT 2007
Hi Tom... I'm surprised the Toyota dealer gave you a price and let you escape without buying the car! To your first question, that looks like a damn good price, at least compared to the asking prices I saw on a lot of other Volvos in the Carolinas... even if the CPO warranty doesn't transfer. As for the warranty, that sounds like a question for Volvo corporate/warranty folks. If there's a way to send a message offline, try it... I think we're dealing with some of the same people here. I bought my '06 V70 from Parkway, and early in the process I had shopped a RAV4 at the Toyota dealer, so perhaps I could share a tidbit or two. --Ron
New V70 owner
by ronsteve on Thu May 17 10:52:15 PDT 2007
Nowhere near the greatest price on earth, working with a small dealer in a strong market for Volvos (eastern NC)... picking up a 2006 V70 2.5T with premium and climate packages... retired demo (never titled so "new") with 11000 miles... $28642 plus 379 doc plus TTL I'm sure I could have done better but not within at least 100-200 miles of here! I feel like it's a good, but not great deal. --ron
Re: I just bought a new XC90
by gmayer on Tue Jan 16 14:18:28 PST 2007
New Volvo owner. Just purchased (12/28/06): 07 XC90 3.2 FWD Metallic Paint Climate Premium Wood Steering Wheel MSRP: $41,300 Price: $36,400 So far, love the vehicle, esp. ride. :)
XC90 lease in NC
by colland on Thu Jan 04 18:57:53 PST 2007
I'm looking at an 07 xc90 in NC with AWD, premium, climate and versatility packages. MSRP is $45,075. Cap cost is $38,575, which sounds like a good deal??? I want to lease 36 mos with 15k miles per year. Money factor seems really high - .004275. Makes payment $725/mo with $1000 down. Any help with current lease rates??? Thanks.

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