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Volvo S60 Lease Questions

742 messages,  Last post on Jun 06, 2013 at 6:34 PM

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What is this discussion about? Volvo S60, Volvo S60 R, Car Leasing, Sedan

Messages Page 75 of 75

#733 of 742 Re: 2013 S60 FWD with Premier Plus and Climate [carfan310] by amosz

May 14, 2013 (11:41 am)

Replying to: carfan310 (Apr 16, 2013 9:54 pm)
I think I am close to deciding between this and an infiniti g sedan (see a few left over g25s here locally, although it would be for purchase).
 
Considering leasing a S60 T5 Premier or Premier AWD. I think I have a monthly calculation of ~$330/month. (AWD isn’t necessary, just a nice feature..)
 
Tax is 8.25% on the cap cost of the car ….
 
Assuming MSRP of 36945 (climate package) and sale price of $30792.
 
I plugged in the numbers above (as close as possible) with a MF of 0.00001 and Residual of 65% for 24 months. I assume I would qualify for best rate.
 
Not sure what other fees would be included (1st time leasing).
 
Does what I say above sound about correct?
 
Thank you

#734 of 742 Re: 2013 S60 FWD with Premier Plus and Climate [amosz] by theras

May 15, 2013 (11:36 am)

Replying to: amosz (May 14, 2013 11:41 am)
Dear Amosz,
 
I am still on the notification list for this forum although we leased our S60 T5 last summer. I can't weigh in on the leasing data since I reviewed these figures so long ago, but after 10 months with the S60 and having owned a G, and driven my cousin's G25, I thought I'd offer my advice if you need help deciding between the cars. While the Infiniti is a very good vehicle, the S60 is a vastly superior car, with a much stronger engine AND better gas mileage.
 
Good luck with your car shopping.

#735 of 742 S60 T5 AWD Platinum by ranjohn

May 19, 2013 (9:03 am)

Hey Carman:
 
I'm considering a S60 T5 AWD Platinum +Blind spot + Climate = 42,245 MSRP. What's the approximated monthly payment, MF and RV on a 36/12 0 down, top credit lease?
 
Thanks!!!

#736 of 742 Re: 2013 S60 FWD with Premier Plus and Climate [theras] by amosz

May 24, 2013 (12:56 am)

Replying to: theras (May 15, 2013 11:36 am)
Thanks for the advice. I think we are decided on the S60 at a 24 month or 36 month lease. Attracted to the utility of the xc60 though, but don't want to get into a lease that expensive at this time.
 
It will be a 1st lease for me, but I'll put money aside in 2-3 years to purchase a car we want.
 
Major reservation is the lack of space if we start a family, which is 1 reason I think a lease works out better for us.
 
My other hesitation is that I'll be about 2 hours from the closest volvo dealership.

#737 of 742 Re: 2013 S60 FWD with Premier Plus and Climate [amosz] by theras

May 24, 2013 (7:23 am)

Replying to: amosz (May 24, 2013 12:56 am)
Good luck amosz! We have a 6 year old who fits well in the S60, and the trunk is decently laid out. Sounds like you have a great idea with the short-term lease.
 
I've only been back to the dealer for the first year maint, but ours is 2 minutes away!

#738 of 742 S60 T5 AWD Premier Plus with Climate by eve4tmw

May 27, 2013 (11:15 pm)

Hi CarMan,
I am looking to lease an S60 T5 AWD, Premier Plus with Climate package, and was quoted a price of $36,813 (they say it is 750 below invoice).
 
For a 2 year lease, 10k miles per year, they are quoting a money factor of .00026, residual 68%
asking for $1500 down.
Payments with monthly tax (8.5%) are $509.17
 
Also charging a bank fee of $995 and Disposition fee of $350 (is that normal with Volvo finance?)
 
I feel like it's high, and really could use advice on if this is a good deal, or if I should keep looking, and what monthly payments I should be asking for with this package.
 
Thanks!!

#739 of 742 Re: S60 T5 AWD Platinum [ranjohn] by Car_man HOST

May 29, 2013 (3:39 pm)

Replying to: ranjohn (May 19, 2013 9:03 am)
Hi ranjohn. The dealer invoice price of the $42,245 MSRP S60 T5 AWD that you described is $39,764. There's a $500 loyalty / conquest cash offer and probably around $500 dealer cash available on top of that, lowering the invoice price to around $38,764.
 
According to my calculations, if you were to lease this car at $500 over invoice minus incentives through Volvo Finance right now for 36-months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $440 assuming that you qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#740 of 742 Re: S60 T5 AWD Premier Plus with Climate [eve4tmw] by Car_man HOST

May 29, 2013 (3:43 pm)

Replying to: eve4tmw (May 27, 2013 11:15 pm)
Hi eve4tmw. You can verify if the selling price that you were quoted is really $750 under invoice by looking up this car's invoice price in the New Vehicle Pricing section of Edmunds.com.
 
The disposition fee is normal, but the dealer is marking up Volvo Finance's normal $695 acquisition fee. Make sure that you take this mark-up into account when evaluating this deal.
 
The money factor that you were quoted is too high as well. Volvo Finance's current buy rate lease money factor for a 24-month lease of this car is only .00001.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#741 of 742 current rates by kjboyd

May 31, 2013 (3:12 pm)

hello: appreciate all the info above: but can you tell me what the numbers are for 13 S60, T5, 24 and 36 month lease, 10,000 miles per year?
 
residual? looks like .00001 for the 24 month.
money factor?

#742 of 742 June MF and residual for S60 T5 AWD by gusbuf

Jun 06, 2013 (6:34 pm)

Hello Carman. I was wondering if you have the June MF and residual for an S60 T5 AWD Platinum package with 12k miles/yr for both 24 and 36 months. I am in the Buffalo, NY area, 14221. Thanks so much!

Messages Page 75 of 75

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