The monthly cost of leasing a Volvo XC90 will vary greatly depending on trim level, down payment, the final negotiated price, your credit score, and other factors—but you can expect to pay somewhere between $790 and $1,055 a month.

If you want a premium SUV that combines comfort and elegance with advanced safety features, a Volvo XC90 with seating for seven could be a great option for you and your family. To save some money and avoid the commitment of a

car loan

, consider leasing.

Although leasing comes with more restrictions than owning a vehicle, the benefits are significant. In addition to paying a lower monthly rate, you’ll be able to drive a brand-new vehicle that’s still protected under warranty.

You likely have lots of questions about leasing, which is why the

car insurance

broker app

Jerry

put together this helpful guide. Read on to discover how car leases work, what you can expect to pay for a Volvo XC90, what to do at the end of your lease term, and how to save on

Volvo XC90 car insurance costs.

How to lease a Volvo XC90

Your local Volvo dealer will walk you through all of the steps of leasing the vehicle of your dreams, but it’s important to arrive prepared. Start by checking off each item on this list:

Evaluate your credit. A better credit score will result in a better rate. Although there are exceptions, most dealers require a minimum credit score of 620 for leases. A score above 680 will put you in the best position for a great deal.

Create a budget. Whether you lease or buy, it’s a good idea to cap your car payment at 10 to 15% of your monthly income. If your monthly income is around $3,500, you’ll want to look for a lease that costs somewhere between $350 and $525.

Consider a down payment. The amount you can pay upfront—known as a capitalized cost reduction—will have a big effect on your monthly payments. You can make a down payment in cash, and/or trade in an existing vehicle.

Estimate how much you drive. A lease will always include an annual mileage limit, typically somewhere between 10,000 and 15,000 miles per year. A lower limit will result in a lower rate, but if you go over your allotted miles, you’ll be charged additional fees at the end of your term.

After your finances are in order, visit your local Volvo dealership to

compare lease offers

. Having this knowledge before you go will help you understand exactly what car you can afford and give you a little bit more negotiation power.

The final step: shop for insurance

Great car insurance is a must, whether you decide to buy or lease your new Volvo. The car insurance broker super app,

Jerry

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How much does a Volvo XC90 lease cost?

The average cost to lease a Volvo XC90 can range from about $790 to $1,055 a month, before taxes and fees.

But your exact cost may be higher or lower depending on a variety of factors. The vehicle’s trim level and options, your agreed-upon lease term, your credit score, whether or not you have a down payment, and even your geographic location will all affect the final price of your lease.

Perhaps the biggest factor that will dictate your monthly lease payments will be your vehicle's

trim level

. Different trims are basically different versions of the model, each including slightly different features, options, and price points.

The Volvo XC90 comes in three styles—the Momentum, the Inscription, and the Recharge—and each style includes a wide variety of trims.

Let’s take a look at how your monthly payment could change based on which of the 2022 Volvo XC90 trim levels you select. Note that the following estimates are based on a 36-month lease with 12,000 annual mileage, and for a customer with excellent credit (above 680). The monthly payments listed do not include local taxes and fees.

Trim level	Estimated monthly payment
T5 Momentum 4dr SUV AWD Turbo	$790
T6 Momentum 4dr SUV AWD Twincharger	$870
T6 Inscription 4dr SUV AWD Twincharger	$995
Recharge Plug-In Hybrid T8 R-design 4dr SUV AWD	$1,000
Recharge Plug-In HybridT8 Inscription Expression 4dr SUV AWD	$925
Recharge Plug-In Hybrid T8 Inscription 4dr SUV AWD	$1,025

Another factor that will largely affect your payment for a 2022 Volvo XC90 lease is your credit score. An excellent credit score (above 680) will score you the best deals, whereas if your credit score is fair (620-680), you can expect to pay an extra $100+ per month. It will be difficult to secure a lease with a score below 620.

MORE: What is a good credit score for a car loan?

Benefits of leasing a Volvo XC90

As stated above, leasing can be a bit more restrictive than buying; however, Volvo offers plenty of perks for XC90 leases:

Flexible lease options allow you to choose terms as short as 24 months and as long as 48 months. You’ll be able to drive a new Volvo every few years, and your car will always be under the manufacturer’s warranty. Additionally, you can select from mileage plans that offer anywhere between 7,500 and 30,000 miles annually.

A single payment lease option allows you to pay a single, reduced fee upfront, rather than make monthly payments.

Business lease options are available for business owners to lease a Volvo through their company—either for themselves or their employees.

Volvo’s guaranteed auto protection waiver is always included at no additional cost to you. If your leased vehicle is totaled due to an accident, theft/vandalism, or a natural disaster, Volvo will cover the difference between your insurance payout and the remaining balance of your lease agreement.

You can purchase an optional excess wear and use protection plan, which will cover any damages to the vehicle beyond everyday wear and tear.

Volvo offers you the option to lower your monthly payment by placing a refundable security deposit at your lease signing.

Every Volvo lease includes complimentary factory-scheduled maintenance, which covers your first three services at 10,000 miles, 20,000 miles, and 30,000 miles at no charge.

MORE:

Car leases vs. subscriptions. What are the differences?

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What to do when your Volvo XC90 lease is up

When your lease term approaches its maturity date, you’ll have three basic options to consider:

If you no longer want to drive a Volvo or no longer need a vehicle, you can simply turn your vehicle in.

If you want a newer model, you can return your Volvo and lease a new one.

If you love the car you have, you can request a payoff quote and buy it.

How to return a leased Volvo XC90

Whether you want a new Volvo, want to switch to a different car make, or simply don’t need a car anymore, returning your Volvo XC90 at the end of your lease term is quite easy.

Following this basic timeline can help ensure the smoothest return process possible:

90 days prior to lease end: Research your options and decide how you’ll want to proceed when your lease is up. If you’re going to want a new car, start thinking about what make and model you’ll be interested in.

60 days prior to lease end: Call Volvo for a complimentary vehicle inspection. (You won’t even need to go to the dealership—someone will meet you at your home or office!) They’ll let you know if your car has any excess wear and if you need to have any repairs done before turning it in. Make sure to keep all of your receipts to confirm that the necessary repairs were completed.

30 days prior to lease end: Contact your Volvo retailer to schedule your turn-in appointment, and make sure any outstanding payments are settled prior to your turn-in date.

At lease end: When you turn in your vehicle, be sure to include the owner’s manual as well as all keys, fobs, spare tires, tire sealant kits, and anything else that came with the vehicle. After drop-off, call Volvo Car Financial Services at 1-866-499-6793 to confirm your final mileage. Then, contact your local DMV to find out how to turn in your license plates or transfer them over to your new vehicle.

After lease end: Within a couple of weeks of returning your Volvo, you may receive an invoice for any excess wear and use that wasn’t repaired prior to turning it in. Additionally, if you paid a security deposit when signing your lease, it will be refunded via a check in the mail.

How to purchase a leased Volvo XC90

If you love your current Volvo and want to commit to it long-term, you can easily exercise your purchase option at the end of your lease term.

Simply call Volvo at 1-866-537-3339 to request a payoff quote. You can then head to the dealer to discuss financing options if necessary. Just make sure to do this no later than 15 days prior to your lease end date!

MORE:

The top 10 cheapest SUVs to insure

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How to find the best car insurance for a Volvo XC90 lease

You’ll want to protect your lease with quality car insurance, and

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You’ll get customized quotes from brand-name insurance providers in minutes, simply by downloading the app and entering in your information. If you have any questions, a team of licensed brokers is available to assist you every step of the way.

Plus, rest assured knowing that Jerry will never sell your information, nor will we call you (unless you ask us to)! You’ll experience great savings without the hassle—Jerry users save an average of $887 annually on car insurance.