SwedeSpeed - Volvo Performance Forum banner

1 - 10 of 10 Posts

·
Registered
Joined
·
159 Posts
Discussion Starter · #1 ·
2006 XC70<br>Ext: Black<br>Int: Graphite<br>Premium Package<br>Convenience Package<br>Climate Package<p>Stickers at: $41,660<br>Residual: $16,664<br>Term: 36 Months<br>Milage: 12k per year<br>Out of Pocket: $744<br>Monthly Payment: $537.56
 

·
Premium Member
Joined
·
12,052 Posts
Re: Is this a good lease? (hewinutah)

Does Utah have a personal property tax? If so, it is included in the payment or billed separtely? Finally....try googling "lease calculation tables" and run some #'s.
 

·
Registered
Joined
·
159 Posts
Discussion Starter · #3 ·
Re: Is this a good lease? (hewinutah)

We do have tax, and I am under the impression the monthly rate includes the taxes. Thanks I will do some googling
 

·
Premium Member
Joined
·
12,052 Posts
Re: Is this a good lease? (hewinutah)

If the info you provided is accurate...I would say that this is not a Volvo Fin lease and probably DOES NOT include any pers. prop tax. <br>A residual of $16,664 is 40%???...that is low! Volvo uses 51%. Makes a big difference in the payment. Ask for a Volvo Finance lease quote. You should get @ the same payment with ALL the taxes.
 

·
Registered
Joined
·
159 Posts
Discussion Starter · #5 ·
Re: Is this a good lease? (universityvolvoOSD)

I asked for a better break down from my dealer:<p>It is not a volvo lease, he is telling me in my area 84084 he has better insentives with US Bank.<p>With the incentives, the selling price is <br>29,064 + <br>399 + (Theif Deterent Registration what the heck is this and do i need it?)<br>595.00 (Acquistion Fee)<br>--------------<br>30,058<p>(30,058 - 16,664) / 36 = 372.06 (Depreciation Fee)<br>+ <br>(30,058 + 16,664) * .00283 = 132.22 (Finance Fee)<br>----------------------<br>504.28 + 6.6% Tax = 537.56<p><br>The 774.06 due at delivery includes<br>Dealer Doc Fee $1<br>State Registration $47,.50<br>State Personal Property Tax $153<br>Tire Tax $5.00<br>First Months Payment $537.56<p><br>Does this seem out of wack???
 

·
Registered
Joined
·
555 Posts
Re: Is this a good lease? (hewinutah)

Thief Deterent Registration? With whom? If your car is stolen is is recovered for free...I hope so for 400 bucks <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/eek.gif" BORDER="0"> <p>Tire Tax $5? Dealer Doc Fee of $1. What is going on in Utah?
 

·
Registered
Joined
·
159 Posts
Discussion Starter · #7 ·
Re: Is this a good lease? (rodlentino)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>rodlentino</b> »</i></TD></TR><TR><TD CLASS="quote">Thief Deterent Registration? With whom? If your car is stolen is is recovered for free...I hope so for 400 bucks <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/eek.gif" BORDER="0"> <p>Tire Tax $5? Dealer Doc Fee of $1. What is going on in Utah?</TD></TR></TABLE><p>I believe the tire tax is for disposal, when you buy new tires here you get hit with that too. The doc fee is low because I think he is confusing this lease a little with an x-plan lease. I wont tell if you wont <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/tongue.gif" BORDER="0">
 

·
Premium Member
Joined
·
12,052 Posts
Re: Is this a good lease? (hewinutah)

I am certainly no expert on anything except OSD and North Carolina Lease programs( and sometimes that is even suspect <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/wink.gif" BORDER="0"> )....but I don't see why they can't give you a Volvo Fin quote...just so you can compare. The Volvo residuals are higher and the money factors may vary from US Bank...but giving you an option is certainly no threat!.<br>Never heard of "theft deterrant registration".....I am not going to speculate as to what uit migt be...but proceed with "eyes open" and make your decisons accordingly!
 

·
Registered
Joined
·
159 Posts
Discussion Starter · #9 ·
Re: Is this a good lease? (universityvolvoOSD)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>universityvolvoOSD</b> »</i></TD></TR><TR><TD CLASS="quote">I am certainly no expert on anything except OSD and North Carolina Lease programs( and sometimes that is even suspect <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/wink.gif" BORDER="0"> )....but I don't see why they can't give you a Volvo Fin quote...just so you can compare. The Volvo residuals are higher and the money factors may vary from US Bank...but giving you an option is certainly no threat!.<br>Never heard of "theft deterrant registration".....I am not going to speculate as to what uit migt be...but proceed with "eyes open" and make your decisons accordingly!</TD></TR></TABLE><p>Thanks for the advice Bob <IMG NAME="icon" SRC="http://********************/smile/emthup.gif" BORDER="0">
 

·
Premium Member
Joined
·
12,052 Posts
Re: Is this a good lease? (hewinutah)

hewinutah..............<p>FYI....The lease you described is certainly not a "bad" proposal...but I would look at all the available programs and ask whether the theft deterrant deal is required. Also...ask the fin mgr if he participates in Volvo's Driver Care Program. The cost is @$260 and a much better bang for the buck for road hazard/tire and rim replacement...vs a theft deterent reg....that's what your auto ins is for!<br>Just a thought!
 
1 - 10 of 10 Posts
Top