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Volvo S60 Lease Questions

735 messages,  Last post on May 19, 2013 at 9:03 AM

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

Messages Page 37 of 75

#354 of 735 S60 R lease questions by dm13850

May 14, 2007 (10:48 am)

Car_Man and others -
 
First, thanks for providing so much great information on this forum. I'm about to lease for the 8th time and I'm sure the advice I've gotten here has saved me many thousands of dollars over the years.
 
I'm looking to lease a 2007 S60 R with the following options:
- Manual transmission
- Premium package
- Climate package
- Interior air quality system
- Sat. radio prep
 
MSRP is $42,975, and I have two questions:
 
What are the current MF and residual for 36 months, 12k per year from Volvo?
 
What incentives are available right now on this specific model? I've seen reference to the $7k lease incentive through other banks, $1k conquest cash (assume this means I can get it as long as I have a non-Volvo right now), and $2k in general lease cash. Are these all still available?
 
Thanks in advance!

#355 of 735 Re: S60 R lease questions [dm13850] by dm13850

May 17, 2007 (6:40 am)

Replying to: dm13850 (May 14, 2007 10:48 am)
Anyone know the answer to my questions above? I would especially appreciate any info on the current incentives for this model.

#356 of 735 Re: S60 R lease questions [dm13850] by vtdog

May 17, 2007 (8:02 pm)

Replying to: dm13850 (May 17, 2007 6:40 am)
I can't speak to your lease, however I just leased the following: '07 S-60 AWD with the 3 big options,cold weather package, upgraded auto-transmission, fog lights, etc.
 
The lease was made with 750 down and includes the 8,000 rebate for leasing and is a 48 month-15k/year miles. The residual was 33%. I can't remember the exact figure, but the buy out at the end was about 12500.
 
Working the numbers, the lease will cost me $ 500 more than just an outright buy. However, buying only had a 4,500 rebate and I can keep the purchase price (about 32k after 4,500 rebate/dealing with salesman, etc) in the bank and can make 5% easy these days in just a CD. So, for me leasing works out financially.

#357 of 735 Re: S60 R lease questions [vtdog] by dm13850

May 18, 2007 (12:43 pm)

Replying to: vtdog (May 17, 2007 8:02 pm)
Thanks, vtdog. Sounds like a good deal.

#358 of 735 Re: Numbers on S60 don't add up [spiderdan] by Car_man HOST

May 23, 2007 (4:03 am)

Replying to: spiderdan (Apr 27, 2007 12:23 pm)
Hi spiderdan. It appears as though this lease is being run through an independent bank. Volvo is currently providing large cash incentives on S60s leased through banks other than Volvo Finance. The exact amount of this cash varies by trim level. The exact cash incentives that are available on the S60 are $8,500 on the '07 2.5T and $9,500 on the '07 T5. Make sure to negotiate as low a selling price as possible on the car that you want and then have the special cash incentive subtracted from that.
 
Car_man
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#359 of 735 Re: Numbers on S60 don't add up [Car_man] by qbrozen

May 23, 2007 (5:56 am)

Replying to: Car_man (May 23, 2007 4:03 am)
$9500 on the T5??? HOLY COW! Any idea if that applies to the V70?

#360 of 735 Re: Numbers on S60 don't add up [Car_man] by dm13850

May 23, 2007 (6:55 am)

Replying to: Car_man (May 23, 2007 4:03 am)
Car_man, do you know what lease incentives Volvo is offering for the S60R? Thanks!

#361 of 735 Re: Need Assistance on S60 lease! [amoreno] by Car_man HOST

May 29, 2007 (2:24 am)

Replying to: amoreno (Apr 28, 2007 3:05 pm)
Thanks for the additional information, Andy. The fact that you didn't know about the $2,000 lease cash that is being provided on the 2007 Volvo S60 does not necessarily mean that it wasn't being taken into account on your deal. A base 2007 Volvo S60 2.5T only has a spread of around $1,800 between its full MSRP and its dealer invoice price. You are being given a discount of $5,600 on the car that you are interested in. If your lease is being run through Volvo Finance. This is an outstanding deal and probably as good a price as you are going to get.
 
Car_man
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Prices Paid Forum

#362 of 735 Re: Is this a good deal? [realtorken1] by Car_man HOST

May 29, 2007 (2:28 am)

Replying to: realtorken1 (Apr 28, 2007 4:54 pm)
Hi realtorken1. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.
 
Car_man
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Prices Paid Forum

#363 of 735 Re: Is this a good deal? [realtorken1] by Car_man HOST

May 29, 2007 (2:29 am)

Replying to: realtorken1 (May 01, 2007 7:20 am)
Hey realtorken1. Ahhh, I see that you did mention this car's selling price. It still would be very helpful if you were able to provide me with its MSRP so that I can see what sort of discount you are being given on it.
 
Car_man
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Prices Paid Forum

Messages Page 37 of 75

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