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Volvo XC60, Car Buying, Car Leasing, SUV
#190 of 349 Re: February deals for 3.2 XC60 AWD [njvehiclelover]
by Car_man HOST
Feb 16, 2011 (5:26 pm)
Hi njvehiclelover. A 5% discount on a 2011 XC90 sounds like a good deal to me. It's difficult to say exactly, but this is probably equivalent to less than $500 over dealer invoice.
Having said that, the payment that you were quoted, $645/month with $3,000 down, looks a little high to me. Make sure that the dealer is using Volvo's current money factor and residual value of .00134 and 53% to calculate your payment.
Prices Paid: Buying & Leasing Experiences Forum
Feb 16, 2011 (6:07 pm)
I read with interest the comment about a 5% AAA Discount. I am a member of AAA and am not aware of such a discount. Can anyone shed some light on the program and details?
#192 of 349 Re: volvo xc60 fwd [Car_man]
Feb 16, 2011 (7:15 pm)
I'm considering a XC60 T6 AWD vs an Audi Q5 3.2 Premium Plus.
Could you please tell me the current money factor and residuals?
For the volvo dealer is telling me 687- does that sound like a good deal?
#193 of 349 March, 2011 Lease rates
Feb 17, 2011 (8:03 pm)
Do you have the five year lease money factor and residual for March, 2011 on a 2011 XC60 R design front wheel drive in Illinois?
#194 of 349 Volvo xc60 lease residual and money factor
Feb 20, 2011 (4:57 pm)
I am considering an xc60 lease for 36 months, 12,000 mi/yr starting in April. Looking at an AWD model, 3.2L w/moonroof, expecting an msrp of 37,000. Do you have an estimated residual value and money factor? Also, any known incentives on leases? I am a current Volvo owner so wondering if there is a loyalty incentive? I will purchase in either Pennsylvania or New Jersey. Also considering an xc90 but can post that question in the proper form. Thanks for any help.
#195 of 349 xc60 lease / buy question : good deal ??
Feb 23, 2011 (7:14 pm)
I am looking for a XC60 lease / buy
Got the following from the dealer (NJ)
xc60 3.2 AWD, premium and the climate packages, 15K miles per year
Selling price $36,061.23
Monthly Payment $499.00
No money down
$3,252.56 up front including:
MV fee's $425.00,
doc fee $199.00
acq fee $795.00
and 1st payment $499.00
Gap is included,there is a dispo fee of $395.00
Also included would be the free maintainence for 3 years or 36k miles
The money facter is .00134, and residual 53% or $20,842.25
If I want to buy the APR is 2.9 % for 72 months or $15.50 per 1000 financed
I ran it by some colleagues at work and they told me it looks like a good deal, what do you think ?
#196 of 349 Re: xc60 lease / buy question : good deal ?? [joelg2k]
Feb 24, 2011 (7:40 pm)
I just got a very similar quote, also from a dealer in NJ, for the exact same model. My monthly payments were a bit lower, but I asked for 12,000 mi/yr. Interestingly, the residual I was quoted was lower at 52% which seems odd since it's a lower mileage lease. Overall, the numbers worked out and it seemed like an acceptable deal, however, I might wait until March to see if next month's leasing options are any better. C70s, s80s and xc70s are leasing for 450/month right now with less money out of pocket. I'm hoping that as winter is ending, they will be pushing the AWD vehicles harder, but who knows.
#197 of 349 Re: xc60 lease / buy question : good deal ?? [joelg2k]
Feb 28, 2011 (9:20 am)
I am also in Jersey and it looks like you are getting a much better deal than what was offered to me. Are you willing to say which dealer? I would love to get the same deal.
#199 of 349 Re: AAA Discount [scharrock]
Mar 10, 2011 (10:22 am)
I asked about available leasing discounts at Cherry Hill Volvo in New Jersey and they said AAA provided a 5% discount off of the monthly payment. I've seen some discussions on this message board about Costco as well. I am not familiar with it though.
As it turns out I am going with another dealership who gave me a better deal, but it was good to know about the AAA program.