This seems like a great deal for someone with a garbage record or DUI. I have friends who have some major dings on their record and are paying +$500/mo in insurance alone making the ‘effective’ on this a lucrative option.
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Well, you have to input your driver’s license number/details prior to finalizing the application online, and it’s a liberty mutual URL. I’m pretty sure a DUI driver is going to get declined. They ask no questions about your driving history, just the details, so I’m sure there’s an internal check.
The program is actually called “Care By Volvo”
We did this back in September 2021 when we needed a 7 Passenger SUV for a year until our new 2023 BMW X7 LCI would arrive
It’s a great program for a short term lease. You can go in and exchange it for a new car every 5 months if you like. There are no Acquisition fees that typical leases have.
The actual lease contract is for 24 months and is a typical lease contract from VFS with a paragraph added that lets you turn it in after 5 months except in Illinois which is 12 Months. You would never have to pay for tires or brakes. All scheduled maintenance is free. We used the tire insurance twice for 2 free new tires. 22 inch so they were $550 each at dealer.
Ours was a Loaded 2022 XC90 T8 Recharge R Design with Bowers & Wilkins and Air Suspension. MSRP $83,675 and the payment including Arizona tax was $1,286.00. The Drive Off is just the first month’s payment. That’s it !!
At that time during Covid car shortages a similar XC90 would have leased for $1000 per month plus tax so it was a great deal. Now these $85,000 XC90’s can be had for under $750 plus tax so depends on your situation.
We kept it for one year and 14,500 miles, turned it in with a few dings and that was it.
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I agree with everything you’re saying but the tidbit about $750. Not a single broker on here can touch that price on an $85k model with truly $0 down. I know as I inquired with multiple.
I just checked one using their calculator posted with 10% off msrp and it was $746 plus tax with MSD’s and just the first payment due at signing like Care by Volvo and $810 plus tax without MSD’s with just 1st payment due on a $85,000 msrp T8, so yea, can be done today on a 24/12K
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which broker?, I might have a friend interested
EDIT- you talking ab NYC broker and only for NE, right? Yeah when you make it 15k miles to accurately compare to Care by Volvo it’s $811/mo pre tax with MSD, or $874/mo pre tax without MSD. Not nitpicking, just doing an accurate comparison. Not sure what broker fee is either but that’s good for another $20-$30/mo.
Realistically, best price I could get on a 24/15k lease for an $85k T8 was ~$900/mo after tax, with only first month DAS (and forking over cash for MSD). So I’m paying about a 10% premium for CBV over the best lease deal to be found in the country, and it has extra perks such as tire/wheel coverage, $1k excess and ability to break early. I think it’s not a bad deal at all, even just somebody wanting a normal 24mo lease. This is if you’re in an area with higher insurance rates like me though, as if you’re somewhere where it would be only $150/mo to insure this car, the savings would be negated a bit.
The care by volvo is for 15k miles/year?
I can’t remember which one, I just needed the calculator with the money factor and residual to compute. I’m positive here in SoCal you could get at least 12% off msrp on one of these now. The current XC90 is a dinosaur. It’s been around for 8 years now with minimal changes except the longer range
Correct , 1250mi/mo
If you think you can find a XC90 T8 leasing at 0.8 of sticker price, well under the 1 number most aspire for, please post it on here so people can purchase immediately. Despite the infotainment being a bit behind the times, most consider the XC90 to be aging gracefully and better looking than a lot of the more ‘forward’ design elements of other full size SUVs in this segment.
Again, zero beef with you and not nitpicking, but I’m going based off real data and reaching out to 4 different brokers.
I did the same. Already on my second cycle.
Benefits of this deal.
FULL tire replacement. you get a new car every 5 months. You get 1K in damage waiver, which for me is HUGE because I can use it every 5 months.
I do however hate my XC90, it drives bad and the pilot assist is BAD. Oh, and Android Automotive SUCKS, very buggy. Can you imagine a backup camera not coming up when putting your car in reverse? NEVER had this with any other vehicle.
Can you elaborate on the pilot assist part? Does it bounce in lane?
xc90 was one of the options I was looking for. Interested about driving confort and general satisfaction with the car if you can elaborate more…
Pilot assist is very barebone. Does not work like Tesla at all. Drive comfort is not the best. It doesn’t have a good pickup. Volvo is a lipstick on a pig car. Looks good and luxury,but drives bad. Hard to explain, it you gotta try it to understand. My main concern is the software bugginess. You can out the car in reverse and the camera doesn’t come up…These are real concerns. Customer service is great, you can call from the vehicle. Seats are also pretty good if you’re not to BIG. Vehicle has a luxury feel and rolls eyes.
Doesn’t have good pickup means you don’t have the recharge lol. My ride comfort is pretty fantastic with the air suspension.
Also do you have a 21-22 or 23-24? As they switched to google in 23 and I don’t have any of the bugginess you speak of.
Also lipstick on a pig car is a pretty far reach. I’m not even a Volvo fan boy but my XC90 recharge is zero slouch and has a definite premium feel. And yes, I’ve driven all the typical luxury brands extensively. This was actually my first Volvo ever and I think it’s great, with some minor quirks.
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Volvo is a lipstick on a pig car
Did it hurt your feelings?
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Even at the 10% off he used on his estimates isn’t easy to get.
The best I could find within 6h driving from Raleigh, NC was 6% off on a Plus.
I do t have the recharge, can’t talk about that. I have the '23 B6 XC90.
Do you agree that the pilot assist does not work well? You never had the screen freeze on you? Maybe the recharge is made differently?
I have a XC90 and I would have to disagree. Anyone under 6 or under will be fine(taller may also be fine, but I can’t confirm). AAOS works fine for me and Pilot Assist has been on par with other ADAS like Autopilot, HDA etc. May be a bit worse than HDA because you need to keep hands on often comparatively. T8 solves any pickup related issues
Please dm me the quote. I am intere