2007 volvo xc70 lease deal...is it a deal?

I found a lease deal for a 2007 vovlo xc70. 12k miles a year for 3 years. $2000 down, $418 a month. Buyout the car at the end for $17,500. The car is not loaded, but it does have the climate package. Any thoughts? It seems like a very cheap buyout at the end. Am i missing... Read More

  • Volvo's last so why take the hit , if a 3yr. old is currently 20 plus k. i would most certainly start shopping for a lease turn in that went over the annual mileage [but had all services and verifiable proof of this and passed a complete independent inspection]. these are still good cars but will run more like17-20k... Read More
  • OK, the estimated total price of the car would be just shy of $35000. You will essentially rent the car for three years and then still owe $17,500 on a three year old car. If you finance that amount, the price goes up accordingly. If you decide you don't want to keep the car, you paid about $15K and have no trade-in... Read More
  • I wouldn't recommend you the xc70 in the first place...It's an old model already and it'll probably be redesigned within an couple of years, besides, resale value is terrible...that's probably the reason they're offering you a "nice" deal Reference:used to have a 2002 xc70..had to sell it half what it cost me in... Read More
  • listen...leasing is ALWAYS a ripoff...always. just buy a slightly used volvo...they last longer than hondas and anything out there.

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