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Volvo S60 Lease Questions

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

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

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

Messages Page 72 of 74

#709 of 735 Re: September S60 Lease Rates [gtg478z] by Car_man HOST

Nov 15, 2012 (3:08 pm)

Replying to: gtg478z (Nov 02, 2012 12:09 pm)
Certainly gtg478z. US Bank's November buy rate lease money factor and residual value for a 36-month lease of a 2013 S60 T6 R-design with 15,000 miles per year are .00092 and 52% for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical lease of a '13 S60 T5 Premier Plus FWD are .00058 and 54%.
 
The numbers for an otherwise identical lease of a '13 S60 T5 Premier Plus AWD are .00090 and 54%.
 
When negotiating your deal on any of these cars, make sure to take advantage of the $500 cash incentive that is currently available on leases of them.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#710 of 735 LEASE OF A 2013 S60 T6 AWD - PLATINUM by intelixis

Nov 17, 2012 (7:52 pm)

Hi Car Man,
 
Is this a good deal? (I'm in area cod 06106) - I'm quoting all these numbers from the "Quote Worksheet the dealer gave me today.
 
2013 S60 T6 AWD WHITE WITH BEIGE INTERIOR
Platinum Package
Climate Package
Spoiler
Sport pedals
 
MSRP: $46,470.00
Sales Price: $44,220.00
Rebate: $1,000.00
Term: 36 mos 660.35 per month - 15K miles per year.
Residual: 51.00% (23,699.70)
Money Factor: 0.00109
Capped fees: $199.00
Total taxes: $1,577.85
Adjusted capitalized cost: $43,419.00
Upfront fees: $1,679.00
 
TOTAL DUE AT START: $2,497.72 (See breakdown below.)
$ 660.35 first month payment
$ 499.99 conveyance fee
$ 995.00 bank fee
$ 185.00 registration fee
$158.37 tax
 
THANKS!

#711 of 735 Re: LEASE OF A 2013 S60 T6 AWD - PLATINUM [intelixis] by qbrozen

Nov 18, 2012 (8:47 am)

Replying to: intelixis (Nov 17, 2012 7:52 pm)
Whoa!
$2500 down and $660/mo for an S60?!
I realize this is a discussion just for the S60, but for alot less money, I'd be leasing 335xi instead.

#712 of 735 Good Deal by romil01

Dec 15, 2012 (11:48 am)

Car_Man,
 
This is the quote I got from Volvo of Las Vegas:
 
2013 S60 FWD, Platinum, with BLIS, Climate Package, Heated Rear Seats, Spoiler
36 months / 15K per year
MSRP: $40,920
Invoice: $38,666
Selling Price: $38,000
Net Cap Cost: $38,691 (includes acq fee)
Drive Off: $1,095
MF: 0.00001
Residual: 52%
Monthly Payment with 8.1% tax: $524
 
They also plan to write me a check for $1,395 to payoff the remaining 4 lease payments I have on my Hyundai Sonata.
 
What do you (or anyone else) think of this deal? The residual obviously isn't great, but the money factor is.

#713 of 735 New S60 Lease Deal by jtk27

Dec 17, 2012 (8:44 am)

Replying to: romil01 (Dec 15, 2012 11:48 am)
CarMan,
 
Can you tell me the current money factor and residual Volvo is using on the new $359 per month lease deal on the 2013 T5 S60?
 
I want to calculate how much the monthly nut would rise if I added a few options.
 
http://www.volvocars.com/us/all-cars/volvo-s60/tools/Pages/offers.aspx
 
Thanks in advance.

#714 of 735 Re: Good Deal [romil01] by romil01

Dec 17, 2012 (11:21 am)

Replying to: romil01 (Dec 15, 2012 11:48 am)
Forgot to mention in my original post that it is a T5.

#715 of 735 Re: New S60 Lease Deal [jtk27] by autoboy19

Dec 17, 2012 (6:43 pm)

Replying to: jtk27 (Dec 17, 2012 8:44 am)
jtk27,
 
Money factor is .00001
 
Residual for 24 months and 10K miles (terms in the ad) is 66%
 
Other residuals are as follows:
 
Premier 66%
Premier Plus 65%
Platinum 63%

#716 of 735 2013 S60 FWD with Premier Plus and Climate by bpvolvo8

Dec 20, 2012 (12:46 pm)

I just entered into a 39 month lease for a 2013 S60 T5 FWD with premier plus and climate packages. I got 15,000 miles/year. I put $267 down at signing total. I am paying $400/month including taxes. I played several dealers against each other. Was this a good deal? Please advise.

#717 of 735 Re: 2013 S60 FWD with Premier Plus and Climate [bpvolvo8] by romil01

Dec 20, 2012 (1:34 pm)

Replying to: bpvolvo8 (Dec 20, 2012 12:46 pm)
What are the MSRP, selling price, net cap cost, and money factor on the vehicle? Those are important to know to determine if it is a good deal.

#718 of 735 Re: Good Deal [romil01] by Car_man HOST

Dec 20, 2012 (4:54 pm)

Replying to: romil01 (Dec 15, 2012 11:48 am)
Hi romil01. Why do you say that this isn't a good deal? You got the lowest possible money factor, a selling price that's under dealer invoice AND they cut you a check for nearly $1,400. I'd say that looks like a pretty darn good deal to me.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 72 of 74

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