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
#377 of 789 Re: 2007 Volvo S60 T5 Price Opinion [hts666]
Jun 05, 2007 (12:19 pm)
Wow, that's a big difference in payments. My payment originally started at $524 a month and I negotiated down to $499. Do you remember what the first offer was they gave you or how much you negotiated it down? I'd prefer a 36 month lease but they insisted it would be much more expensive. I just have no idea of how much they're actually profiting on this, so I have no idea how much to negotiate. Any help would be appreciated!
#378 of 789 Re: 2007 Volvo S60 T5 Price Opinion [djkronik57]
Jun 05, 2007 (1:39 pm)
Actually that was the first quote I got from the dealership, I didnt do any negotiating and I dealt directly with the fleet manager. I called up a few other dealers and nobody could match it. The closest they came was higher by about $20/month.
I asked about the difference between 36 and 48 month leases and 36 months was a bit lower. Also, the difference between 12k and 15k miles was about $15 per month.
The dealership is in Los Angeles, so I'm not sure if there would be a price difference in other parts of the country, or if they would have better incentives.
Here are the exact terms of the lease.
15k/month for 36 months
msrp was around 45k
cap cost: $29989.76
drive off: 2k (tax, registration, doc fees, 1st months payment and $250 down payment)
monthly: 438.96 + 36.04(tax), $475.00 total
its through US Bank.
Hope this helps.
#379 of 789 Re: 2007 Volvo S60 T5 Price Opinion [hts666]
Jun 06, 2007 (4:43 am)
Thank you for your help hts666. Was yours an automatic S60R? That's the only thing I can think of that my explain the difference in price, as they said the leases were better on automatics. My cap cost is $35,000 but my residual is $15,000. The residual I understand due to the difference in lease lengths. But the cap cost is $5000 different!
#380 of 789 Re: 2007 Volvo S60 T5 Price Opinion [djkronik57]
Jun 06, 2007 (11:15 am)
Yes, its an automatic. No manuals to be found in LA unfortunately.
Have you contacted other dealerships in your area? Are they offering the same deals? If all other offers are very similar then its probably safe to say that thats the best deal available.
#381 of 789 Good Deal? - need help
Jun 09, 2007 (6:01 pm)
is this a good deal on a 2007 S60R? if not, please tell me what would be.
Term: 48 months, 18K miles
MF: .00320 = 7.68%
Negotiated Price: 35,200.00 (this includes 10K reduction from volvo special
total trade info: $1,0000
I have a $3,000 milage penalty becuase i really need 20K miles a year
sales tax $1,512.50
Adjusted cap: $34,372.30 (I have a car I own I am trading in)
Monthly payment $599.25
Total amount due at signing incld 1st mo. payment 4,000.
The MF and residual is what i was quoted by the dealership using Chase
#382 of 789 Re: Good Deal? - need help [mlroberts55]
Jun 10, 2007 (4:30 am)
I would have to say no, but wait for the experts.
#383 of 789 Re: Good Deal? - need help [mlroberts55]
Jun 10, 2007 (8:14 am)
I'm about to close a deal on an S60R, and although the terms are different, I'd say your deal has significant room for improvement. Here's my deal, at a high level:
Car: S60R with premium and climate
Cap cost: ~$31k
Term: 39 months, 12k mi/year
Due at signing: Only 1st month and DMV (~$550)
Pre-tax payment: $453
Payment with 8% tax: $489
Once I finalize the deal, I'll post all the details, but hopefully this gives you some useful data for comparison.
#384 of 789 Re: s60 lease [explorer1]
Jun 13, 2007 (5:49 pm)
SORRY ROOKIE LIKE YOU BUT HAVE YOU SEEN THE 379 A MONTH NO MONEY DOWN NO FEES JUST SIGN AND DRIVE THEY ARE ADVERTISING IT HERE IN CALIF.
#385 of 789 Re: s60 lease [rallyfan]
Jun 14, 2007 (11:25 am)
BUT IS IT AN R for $379 per month?
#386 of 789 Re: s60 lease [volvo_r]
Jun 14, 2007 (4:17 pm)
Its for the 2.5T, I just got the ad on top of this page.
2007 Volvo XC90 3.2 - $459 lease per month for 24 months
2007 Volvo S60 2.5T - $379 lease per month for 36 months
2007 Volvo S40 2.4i - $329 lease per month for 36 months