My wife had an XC90 T8 and traded it for an Audi Q7. She’s regretting her decision and wants to get a new XC90. I’ve found a few 2025.5 Ultra 7-seater models and I’m wondering if it’s worth leasing one and then paying it off to get the rebates.
The MSRP is $81,495. The dealership is discounting the vehicle 10% and the applicable rebates are $15k. They quoted me on a 36 month lease with 10k miles per year. The money factor is high at 0.0045 and the residual is $45,637.
I’ve never leased. Is this a good deal and can I buy it out after the first payment?
I don’t think Volvos are particularly well-known for high real-world resale value or being particularly relialble, so I don’t know if buying the car out is a great idea.
Regarding if the lease is a good deal or not, can you post your best attempt at a calculator and/or discuss how what you’ve been offered compares to deals you’ve seen here?
Before you decide to buy anything out, do some research on leasing and then contact the brokers on here that may handle your area for a Volvo so you don’t get screwed:
If I can get an amazing lease deal, I’ll just lease it one move on to something else. If we buy one, she’ll probably keep it for 4-5 years. She would have kept the last XC90 longer, but there was an odd smell in it after hundreds of crickets got loose inside of it.
These cars are for leasing, not for buying. Volvo used to have an amazing enhanced CPO warranty (for purchase) with 100k or unlimited miles, but they destroyed the value of that offering.
Think it would also be helpful to have an open discussion on replacing the Q7 with something better. It shouldn’t be a binary choice between a Q7 and an almost 10yr old platform (the XC90).
Why do you think his wife cares or knows anything about the age of the platform? My wife doesn’t give a shit about it and she loves her xc90 t8.
Cut this nonsense already.
I didn’t know about the elementary school part, but, believe it or not, this is actually sort of what I had thought! And a horde-of-crickets stories are a dime a dozen here.
But back on topic… OP, post your best attempt at a calculator and see what the brokers can offer on the same model/trim. You’ll probably have a good sense of how your deal compares (and what is possible) after that.
I’ll bite since I’m putting together a deal for my wife on the 2025.5 xc90 t8 ultra or 2025ex90 now as well. She loves both. I don’t care about typical lease figures like MF or residual since I just want the tax credits for early buyout, but I curious if you have suggestions on an alternative make model I should push her to! Thx.
That’s really what I’m interested in too. I’ve read mixed things about the buyout though. Some people say that you have to wait, some say that you can buy it out after the first payment, and what are you really paying with the buyout?
Come on… if I wanted a pathfinder with outdated tech I’d walk into a Nissan dealership .
In all seriousness - it is a nice ride; but if the convo is about aiming for early lease buyout to take advantage of tax credits and avoiding depreciation - QX60 is not that.
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