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Volvo XC60 Lease Questions

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

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

Messages Page 25 of 36

#234 of 349 Re: volvo lease [asteinberg] by Car_man HOST

Oct 12, 2011 (4:27 pm)

Replying to: asteinberg (Oct 05, 2011 12:15 pm)
Hey asteinberg. Volvo's October buy rate lease money factor and residual value for a 36-month lease of a base 2012 XC60 AWD with 15,000 miles per year are .00178 and 54%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical lease of a FWD model are .00178 and 52%.
 
Volvo runs its special lease through US Bank. US Bank charges a $695 acquisition fee on leases.
 
Car_man
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#235 of 349 Lease seems expensive by skspgh

Oct 13, 2011 (12:18 pm)

Replying to: Car_man (Oct 12, 2011 4:27 pm)
Hello, I'm new here so excuse the questions if its been answered (please point me to it). What is the residual for 10K miles on t6 2012 (I'm told around 54% also) But when considering the lease vs. buy on the xc60 t6 2012 the residuals seems awful (in favor of the bank). Dealers tell me Banks got burned in the past and now very conservative with price of 3 yr old cars. Do folks agree it makes buying more attractive vs. lease when you consider other leases offer better residuals. That makes me feel the xc60 has bad after-market value 3 yrs out - true? And while I love the 2012 xc60 t6, I see so FEW on the road that it makes me nervous to buy it. Q5 and X3 and GLK I see plenty and I'm scratching my head because the xc60 rocks.

#236 of 349 Re: Lease seems expensive [skspgh] by Car_man HOST

Oct 27, 2011 (4:31 pm)

Replying to: skspgh (Oct 13, 2011 12:18 pm)
Welcome skspgh. US Bank's October buy rate lease money factor and residual value for a 36-month lease of a 2012 XC60 T6 with 10,000 miles per year are .00178 and 59%, respectively for consumers who qualify for its top credit tier.
 
It is true to some degree that banks got fairly burned by overestimating vehicles' residual values prior to the credit crisis. They were uber conservative coming out of it, but have loosened up somewhat lately. It doesn't hurt that the values of used vehicles is very strong right now.
 
Car_man
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#237 of 349 November Lease Rates Info and End of Year Incentives by tbbuc

Nov 10, 2011 (8:03 am)

Does anyone know what the November lease variable are or what December lease variables will be? Or if there are any other incentives, like 1st mo. lease paid by Volvo. I am not sure if Volvo is running any end of year incentives, like Audi, etc. are.
 
I am looking at 2012 3.2 FWD Prem. Plus, +BLIS, +Climate, for 36 mos. lease with 12k miles, or a 2012 T6 with same options and same terms. Thanks so very much!

#238 of 349 Re: November Lease Rates Info and End of Year Incentives [tbbuc] by Car_man HOST

Nov 17, 2011 (4:26 pm)

Replying to: tbbuc (Nov 10, 2011 8:03 am)
Hi tbbuc. US Bank's November buy rate lease money factor and residual value for a 36-month lease of a 2012 XC60 Prem. Plus FWD with 12,000 miles per year are .00122 and 48%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical lease of an XC60 T6 Prem. Plus FWD are .00122 and 51%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#239 of 349 Nov residual & MF by tanc

Nov 25, 2011 (7:45 pm)

Stoped by one of the dealer in NYC
For XC60 3.2 AWD Premier Plus w climate package & blind spot
MSRP 43045
Residual 52%
MF: 0.00122
10,000 miles/year for 36 mos
 
If I am thinking about making an offer what will be a godd starting point? 38,500 sound reasonable starting point?

#240 of 349 XC-60 December Lease Numbers by autoboy19

Dec 05, 2011 (9:18 am)

Carman,
 
Do you have the the following December money factors and residuals:
 
T-6 R-Design for 36 and 48 months 15k per year
 
T-6 Premier Plus for 36 and 48 months 15k per year
 
3.2 AWD Premier Plus for 36 and 48 months 15k per year
 
Thanks

#241 of 349 Re: XC-60 December Lease Numbers [autoboy19] by Car_man HOST

Dec 12, 2011 (4:53 pm)

Replying to: autoboy19 (Dec 05, 2011 9:18 am)
Hi autoboy19. According to the latest information that I have seen, US Bank's current buy rate lease money factor and residual value for a 36-month lease of a 2012 XC60 T6 R-Design with 15,000 miles per year are .00122 and 48%. The numbers for an otherwise identical 48-month lease are .00148 and 38%.
 
The numbers for the XC60 T6 Premier Plus are .00122 / 50% and .00148 / 39%.
 
The numbers for the XC60 3.2 Premier Plus AWD are .00122 / 49% and .00148 / 38%.
 
Car_man
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#242 of 349 Jan XC-60 Lease Numbers by txcosmo

Jan 05, 2012 (9:49 pm)

Car-man-
 
Can you advise of current money factors and residuals for an XC-60 with the Premier Plus package for 3 yrs and 12,000 miles/year.
 
Invoice for the car (with a few other options) was $42,740 and they agreed to $41,500 (the XC-60 is really tough to find here in Dallas for whatever reason). Without giving me the money factor or residual, they are saying a 3 yr/36k mile lease would be $731 after a $3000 down payment. That number just doesn't make any sense to me. It's basically the same as the 60 month loan at 2.9%.
 
Thanks in advance.

#243 of 349 Re: Jan XC-60 Lease Numbers [txcosmo] by autoboy19

Jan 07, 2012 (5:11 pm)

Replying to: txcosmo (Jan 05, 2012 9:49 pm)
Is the MSRP 42,740 or the invoice? I assume you mean the sticker price was $42,740 and they are giving you a $1,240 discount?
 
I would ask for A-plan pricing. It equates to invoice pricing and basically almost anyone can qualify for it. You can find the eligibility list on the Volvo of Dallas website.
 
Based on last months numbers of .00122 money factor and 48% residual, that $731 doesn't seem too far off. I get about $680 a month on my lease calculator taking into account the fact that Texas charges the full tax price of the car on the lease.
 
I don't know if the $3000 was all cap cost reduction or included other fees, but it is likely the dealership is marking up the money factor a bit to get to that $731 number.
 
This car is a better purchase candidate at 2.9% APR for 60 or 72 months.
 
Also, is this at Park Place or Volvo of Dallas?

Messages Page 25 of 36

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