Volvo S60 Lease Questions

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

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

#7 of 742 Re: S60 Lease Offer by Car_man HOST

Oct 24, 2005 (3:01 am)

Hi mycle. After taking the down payment into account, it appears as though the advertised lease that you mentioned is based upon a selling price that is just over $1,600 under full MSRP. This is a reasonable selling price, so let's use it to estimate the revised lease payment that you are interested in. According to my calculations, if you were to lease a 2006 Volvo S60 2.5T with an MSRP of $34,710 and a selling price of $33,041 through Volvo Finance right now for 36 months with 12,000 miles per year, its zero down pre-tax monthly payment should be around $411.
 
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#8 of 742 November MF & Residuals for S60 2.5T FWD by rugby_s2k

Nov 24, 2005 (5:08 am)

Trying to tie-down the November MF & Residuals for a 2006 S60 2.5T.
  
Can't seem to find any info on MF.
  
Residuals for would be for the following terms:
24/12k
24/15k
  
36/12k
36/15k
  
I need to close a lease prior to month end as my current car is due back on Nov 29. Your assistance would be appreciated.
 
Lastly if a 'host' is responding, could you check my similar post in the Saab 9.3 forum as those are the two cars in the running.
 
Thanks,
Michael

#9 of 742 Re: November MF & Residuals for S60 2.5T FWD [rugby_s2k] by Car_man HOST

Dec 04, 2005 (8:03 am)

Replying to: rugby_s2k (Nov 24, 2005 5:08 am)
Here's the info that you're looking for, Michael. If you were to lease a 2006 Volvo S60 2.5T through Volvo Finance right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00001 and 61%, respectively. Its numbers for an otherwise identical 36 month lease should be .00008 and 51% in most areas.
 
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#10 of 742 Re: S60R Lease [urnuts] by philzey

Dec 21, 2005 (1:54 pm)

Replying to: urnuts (Oct 05, 2005 7:04 pm)
I got my lease in Dec. of 2002 and it was through Chase Manhattan. My acquisition fee was $650. I formerly worked at a car dealership and can tell you that acquisition fees vary among banks. In the future, it's just one more thing to remember when you're negotiating, if it's that important. Even with my experience, it's difficult to remember every little detail to make sure I'm getting the best deal. Leases can be complicated. I can also tell you that Chase is better and fairer than most other banks when it comes to leases. Definitely better than Wells Fargo or B of A. The extra $300 is very little in comparison to what the overall cost might have been through a different bank, including Volvo Finance (they're on drugs).

#11 of 742 Re: Volvo S60: Lease Questions [Car_man] by carsmart1

Dec 27, 2005 (2:38 pm)

Replying to: Car_man (Aug 31, 2005 5:34 pm)
I've received the following "deal" for leasing a 2006 Volvo S60 2.5T with a MSRP of $35185. "X"plan pricing of $33468 less complimentary premium package of $2995, making the purchase/lease price $30,493. I've been quoted the following lease amount. 15,000 annual miles, 36 month lease, $434.49 (includes personal property taxes) with initial $933 payment. Does this sound reasonable? Any suggestions to lower amounts?

#12 of 742 Re: S60R Lease [Car_man] by jcanal

Dec 30, 2005 (12:16 pm)

Replying to: Car_man (Oct 13, 2005 3:53 am)
But would putting a down payment effect your monthly payments by making them lower?
 
Jen

#13 of 742 Interested in 2006 S-60 by newbeetle04

Dec 30, 2005 (6:32 pm)

Was in a NJ dealership today and spoke about lease pricing on a new S-60. When I asked about a manual tranny, the salesman told me the lease would be worse with a manual. Is this because the resale at end of lease would be less due to a stick? For an automatic,He had me at 450 per mo., 3 yr lse w/15,000 miles per year, with refundable security of 325, first months payment 450, bank charge of 650 and a 1000 down payment. I'd much rather a manual tranny. Any thoughts on this deal, good/bad and ideas about the manual versus automatic?

#14 of 742 Re: Interested in 2006 S-60 [newbeetle04] by guyf

Dec 30, 2005 (8:41 pm)

Replying to: newbeetle04 (Dec 30, 2005 6:32 pm)
Did you road test both? With a turbo engine, a manual tranny is not necessarily the best choice. Everytime you lift off the accelerator pedal to shift, you loose turbo pressure which has to rebuild after you completed the shift.
 
No such thing with the automatic.
 
And yes, the residual is less on the manual, as there is less demand for it.

#15 of 742 Volvo S60- is this a good deal? by jcanal

Jan 09, 2006 (5:40 pm)

The best lease quote I have gotten from 5 dealers in my area, for a volvo s60- premium package, for 3 years, 10,000 K, with $2000 down is $412 a month. Does this sound like a good deal?

#16 of 742 Re: Volvo S60: Lease Questions [carsmart1] by Car_man HOST

Jan 17, 2006 (4:47 am)

Replying to: carsmart1 (Dec 27, 2005 2:38 pm)
Hi carsmart1. Obviously since you are purchasing through Volvo's X-Plan, the selling price that you were quoted for this car looks very reasonable to me. Volvo is running a special lease program on this car right now, but this special program is not compatible with its "Complimentary Premium Package" offer. Ignoring the free package, if you were to lease a 2006 Volvo S60 2.5T with an MSRP of $35,185 and a selling price of $33,468 through Volvo Finance right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $426. If you didn't lease this car in December, shoot for this monthly payment.
 
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