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Volvo XC60 Lease Questions

349 messages,  Last post on May 17, 2013 at 5:09 AM

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

What is this discussion about? Volvo XC60, Car Buying, Car Leasing, SUV

Messages Page 20 of 35

#190 of 349 Re: February deals for 3.2 XC60 AWD [njvehiclelover] by Car_man HOST

Feb 16, 2011 (5:26 pm)

Replying to: njvehiclelover (Feb 13, 2011 9:56 am)
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.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#191 of 349 AAA Discount by scharrock

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] by cassiee

Feb 16, 2011 (7:15 pm)

Replying to: Car_man (Jan 23, 2011 11:59 am)
Hi
 
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?
 
Thanks
 
Cassie

#193 of 349 March, 2011 Lease rates by kmcvickers

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 by aspen19128

Feb 20, 2011 (4:57 pm)

Replying to: kyfdx (Mar 15, 2009 5:57 am)
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 ?? by joelg2k

Feb 23, 2011 (7:14 pm)

Hello,
 
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
 
MSRP $39,325.00
Invoice $37,268.00
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
tax $1,327.06
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 ?
 
Thank you
 
Joelg2k

#196 of 349 Re: xc60 lease / buy question : good deal ?? [joelg2k] by aspen19128

Feb 24, 2011 (7:40 pm)

Replying to: joelg2k (Feb 23, 2011 7:14 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] by njvehiclelover

Feb 28, 2011 (9:20 am)

Replying to: joelg2k (Feb 23, 2011 7:14 pm)
Joelg2K,
 
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] by njvehiclelover

Mar 10, 2011 (10:22 am)

Replying to: scharrock (Feb 16, 2011 6:07 pm)
Hi Scharrock,
 
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.

Messages Page 20 of 35

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