Lease Options XC90

Ask the Hackrs
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1

I’m getting closer to the mileage than I anticipated on my 2025 XC90 Plug In. The original lease was 24/10. After doing some further reading it seems that you’re unable to just do a regular trade-in with a different manufacturer because Volvo does not allow this? Can anyone confirm? With getting close to mileage, what would your recommendations be moving forward? I’m about a year ahead of schedule due to mileage. Yikes

Originally I did a one pay. I’m not really wanting to keep the vehicle. Don’t get me wrong, it’s nice, just lacks some items for an 80K vehicle.

I’m not 100% opposed to another vehicle from Volvo if that’s my only option, although EV incentives suck right now.

With getting close to mileage, what would your recommendations be moving forward? I’m about a year ahead of schedule due to mileage. Yikes

2

You cannot trade in a volvo lease to any dealer/brand period - even a volvo dealer cannot buyout your lease, unless you are getting into a new volvo lease.

How many miles are you @? What are you going to finish at? Figure .25c per mile on the overage to get your expected charge(s).

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3

What’s causing the overage or what changed from the initial lease assumptions? I’m inquiring if it is daily driving or a few long trips that have caused the increase.

If it’s a few trips then rent a car for those trips, if it is daily driving then it’s more of what your willing to pay in terms of options.

4

Still some cheap EV possibilities out there. Run some quick numbers on Marketplace lease deals plus insurance vs paying the overage on your Volvo lease

5

About 15, with about a year left to go.

6

I’ll take a glance.

7

Just daily driving. Since it was a one time pay lease, would I still be able to turn in the vehicle once the mileage comes close to 20k even if the length of time hasn’t passed?

8

Volvo does offer a 6 month pull ahead for another volvo

9

I do not think this is relevant to my situation as I did a one time pay at signing.

10

Ugh, I didn’t notice that. I wonder if you can still do it.

But wow you are already over miles after only 1 year?

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11

I guess you got this XC90 during 2024 November craziness with ultra low effective monthly payment. Keeping the car for another year will cost you additionally around $312 plus tax.

Trading the current car and going with a similar size new Volvo for sure will cost you much, much more.

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I have about 5K to go, just trying to get my ducks in a row.

13

if you are at 19k after 1 year, a lease is probably not a good replacement.

14

How do you figure $312? Id rather not get into another Volvo. Just wasn’t sure if I could just drop the car off prior to 20K miles even though I’ll probably be 8-10 months ahead of schedule.

15

Why did you do one-pay? Just curious because Volvo doesn’t provide any benefits for this.

16

just situational at the time

17

You basically pre-paid your lease, AKA downpayment. Read your contract if there is anything about one-pay. You may lose all your money if the car is totaled.

18

(15k miles x $.25 per mile)÷12.

If you are looking for the cheapest option, keep the car for another year and pay for extra miles.

Remember you have full warranty and 3 free maintenance during the lease.

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But if OP is flexible with the brand some deals are still popping up.