Last post on Nov 23, 2013 at 9:48 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Volvo S60, Volvo S60 R, Car Leasing, Sedan
#233 of 789 Re: 2007 S60 lease
Aug 30, 2006 (6:26 pm)
Your numbers seem a little bit higher than the best deal
in NJ, but are still quite good. The best deal that I was quoted
was by Bridgewater Volvo (based on a recommendation by the
famous biggerdaddynj). My payments were also coming to
$320 a month for 15K per year, except that was with no tax
upfront: just bank/doc fees and registration and first month's
payment. Your deal sounds similar to some of the other
numbers that I was quoted in NJ.
Except I took my accountant's advice and rolled _everything_ into
the payments, including the registration, bank/doc fees,
everything. The reason to do that is that in case the car gets
stolen or totalled, the insurance pays the owner the cost of
the car, and you don't get back any money you put down! If
I roll that amount into the monthly payments, I end up paying
interest on this amount, but that's only 5% (based on a money
rate of 0.00207) on about $40 a month, or $2 per month. I
think of it as added insurance!
So now the payments come to a little under $360, and I drove
out with just the first month's payment down.
But AFAIK this deal expires on August 31st, so hurry hurry!!
#234 of 789 Re: 2007 S60 lease [nagnihot]
Aug 30, 2006 (8:03 pm)
What goes away after August 31st?
#235 of 789 2006 S60 Lease Question
Aug 30, 2006 (8:09 pm)
I am being offered $390/month for 36 months, 12K/year, $1250 total drive off on a 2006 S60, leather, non-metallic paint, no geartronic, sirius prepped, etc.. Due to credit score I do not qualify for US Bank, only Volvo Finance. 2007 S60 would be $415 for same term. Is this a good deal? What should I ask for?
Thanks in advance for any help!
#236 of 789 Re: 2006 S60 T5 Questions - Please Help!! [carforevan]
Aug 31, 2006 (9:24 am)
Complaining about an $8.75 fee is hardly a "surprise"
AZ charges a $5.00 Tire Tax, has for years.
As for bait and switch, that has nothing to do w/ leasing.
Thats just a bad dealer practice.
#237 of 789 Re: 2006 S60 T5 Questions - Please Help!! [volvomax]
Aug 31, 2006 (10:37 am)
RE: 8.75 tire fee...
I never was told that this is $8.75.
I asked "8.75 what?, dollars, per cent/per tire, per car,per year?" and was never answered.
I'm complaining that I can't get a straight answer, not that there may be a fee.
#238 of 789 Re: 2006 S60 T5 Questions - Please Help!! [bgl90291]
Aug 31, 2006 (11:11 am)
You should have been given an answer.
AZ's fee is an "environmental impact" fee.
It is a one time charge.
The only thing on a lease contract that is not a one time charge is the monthly payment itself.
#239 of 789 September S60 Offers??
Sep 01, 2006 (10:20 am)
Well I let August pass without pulling the trigger on a new S60...does anyone know what is being offered for September on 2006 S60's?? 2.5T or T5's
Thanks in advance
#240 of 789 Re: September S60 Offers?? [az_shopper]
Sep 01, 2006 (11:14 am)
Yes, you will lose $1000 of lease incentive on the 07's.
06 lease residuals dropped 2 points.
#241 of 789 Re: September S60 Offers?? [volvomax]
Sep 01, 2006 (11:42 am)
Thanks Volvomax. So on a 2006 the cap cost should be the same as it was in August, but the residual will be 2 percent less?
What is the residual percentage on a 2006 S60 2.5T? Is that number negotialbe or is it set by Volvo?
#242 of 789 Re: September S60 Offers?? [az_shopper]
Sep 02, 2006 (8:06 am)
residuals are set by the banks.
They are not negotiable.
A lower residual means a higher payment.