Last post on Nov 23, 2013 at 9:48 AM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Volvo S60, Volvo S60 R, Car Leasing, Sedan
#248 of 789 Re: Volvo S60 2007 Lease Using Ford A-Plan [severancehall]
Sep 10, 2006 (7:20 am)
Hi severancehall. The fact that you can lease your new Volvo through the "A-Plan" will enable you to get an attractive selling price on it without having to haggle. Just make sure that the dealer you are working with uses Volvo Finance's buy rate lease money factor to calculate your car's monthly payment. If you tell me what state you are in, I can tell you what that number should be right now. I can even work up a lease payment on this car for you if you tell me the exact MSRP and selling price that you are able to get on it through the A-Plan.
Prices Paid Forum
#249 of 789 Re: Found great lease deal in NJ for '07 S60 2.5T [neednewcacar]
Sep 10, 2006 (7:29 am)
Hi neednewcacar. The dealer that you spoke with is correct. Volvo's lease program varies by region. By far its most aggressive lease promotions are in the Northeastern U.S. It has its best lease promotions in the New York area, which probably includes New Jersey. Unfortunately, one can get a much lower monthly payment on a lease of a Volvo there than they can get in California right now.
Prices Paid Forum
#250 of 789 Re: 2006 S60 Lease Question [3rdvolvo]
Sep 10, 2006 (7:32 am)
Hi 3rdvolvo. It is difficult to say how good this deal is without knowing this car's full MSRP and selling price. These numbers will show us how much off a discount you are being given on your car and they will enable us to use Volvo Finance's actual lease program to estimate what its monthly payment should be. Let me know what these prices are and I'll tell you what I think.
Prices Paid Forum
#251 of 789 Volvo S60 Lease Deal
Sep 10, 2006 (4:49 pm)
Is the following a good deal:
2006 Volvo S60, Premium Package, Sport Package, Met. Silver, Automatic MSRP: $35,675
For 36 month lease, 12K miles a year - $2,000 down and $357 a month. (includes all fees i.e. tax, title, acq. fee, etc.)
#252 of 789 Any Sept deals for S60 in tristate area?
Sep 11, 2006 (9:39 am)
Has anyone heard about any deals similar to the one being offered last month for 289 per month?
#253 of 789 Re: Any Sept deals for S60 in tristate area? [nycars]
Sep 12, 2006 (5:15 am)
From what i have heard, the deal is over. The same vehicle I got S 60 climate premium for $299. month is now $349 a month. I took advantage of it last month, and am trying to get the same deal for a buddy. Its just not available.
#254 of 789 Car man - need your help on an S60 lease
Sep 18, 2006 (7:41 am)
This is in Connecticut on behalf of my father. Want to make sure he's not being taken for a ride...
For a 2007 S60 w/ premium, climate and metallic paint and an MSRP of $37,575, he has been quoted a purchase price of $33,145.
For a 39 mo., 10k/yr lease, he's been quotes a monthly payment of $499.26 including 6% CT sales tax with $1,877 down (which includes first month's payment).
Do you have the current residual % and money factors on S60's for Sep. through Volvo finance?
Also, there are obviously incentives at work here since the purchase price is lower than invoice - do you have details of what the incentives are?
Thanks in advance!
#255 of 789 Re: Volvo S60 2007 Lease Using Ford A-Plan [Car_man]
Sep 18, 2006 (7:02 pm)
Thanks, car man. Decided to buy a Zephyr on the Ford A plan w/ a 72 mo. purchase 0% interest. $500 down = $425/mo. with a $28.8K buy price for leather, THX stereo, moon, dual power seats, 6 cyl., black on black, etc. The S60 will have to wait. Darn ... always wanted a Volvo.
#256 of 789 S60 lease - update
Sep 25, 2006 (11:45 am)
Just thought I would update the group on the S60 leasing experience from my previous post asking for help.
Right now (late Sep. 2006) Volvo is offering $7,500 of incentives on the S60. No lease support as far as I can tell. It took some digging and persistence to learn this info.
We originally got a quote from a Volvo dealership in CT for an S60 AWD w/ premium, climate and metallic paint for the $499/mo. I almost choked on this price because I knew it was BS. This is not a 330xi...
We called four other dealerships - two in CT, one in NJ and one in NY. Over the course of about a week, the $7,500 of incentives became clear. We ended up getting a lease on the same car for $392/mo. from the dealership in NJ. Money factor of 0.00204 (about 5% APR) and residual of 45% (crappy but pretty standard for Volvos it appears). $1450 up front including 1st mo. payment. This is basically dealer invoice less the incentives. I feel this is a very good deal.
My advice is to shop around. Don't be afraid to go to three, four, or more dealerships, and definitely don't be afraid to go out of state. About the only thing you lose by purchasing from a dealer that is not near your home is the convenience of the free loaner program that some dealerships offer.
Also, don't pay attention to MSRP. You should walk away from any salesperson who insists on using this as a starting point. Try to deal w/ the internet or fleet sales person. And plan to finalize a deal the last week of the month if possible - you may be helped by dealership quotas.
One other mental trick that is to multiply the monthly payment by the lease term when you get down to final negotiations. Even $25/mo. can add up over three years (I know...I'm ignoring time value but whatever...)
These all helped us in getting this deal. Good luck to everyone.
#257 of 789 Re: S60 lease - update [acm741]
Sep 26, 2006 (9:04 am)
acm741, these incentives are on the 2006 S60s, right? I can't believe this would exist on the 07s.