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Volvo XC60 Lease Questions

77 messages,  Last post on Nov 01, 2009 at 5:12 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#30 of 77
Re: XC60 Lease Questions [mandeson] by Car_man HOST
May 07, 2009 (2:35 am)
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Replying to: mandeson (Apr 21, 2009 1:01 pm)

Hello mandeson. I have seen Volvo Finance's current lease program for the XC60, but not US Bank's. Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a non-base 2010 XC60 with 12,000 miles per year are .00243 and 54%, respectively.
 
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#31 of 77
Re: Volvo XC60 Lease Questions [chipk] by Car_man HOST
May 07, 2009 (2:36 am)
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Replying to: chipk (Apr 21, 2009 5:19 pm)

No problem chipk.
 
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#32 of 77
Re: 5K Incentive [teamv] by Car_man HOST
May 07, 2009 (2:39 am)
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Replying to: teamv (May 01, 2009 3:04 pm)

Hi teamv. The $5,000 cash incentive for leases of the XC60 through independent banks is still available in May. Dealers receive this cash for every lease that they run through a bank other than Volvo Finance. They are free to use the cash as they choose. Make sure that they reduce the selling price that you have negotiated by that amount.
 
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#33 of 77
Re: Z Plan XC60 Lease [ucjjg] by tsh11
May 07, 2009 (8:46 am)
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Replying to: ucjjg (May 01, 2009 9:09 am)

Hi ucjjg,
 
I am also in Michigan and looking for an XC60. What dealer did you use to purchase your XC60?
 
Thanks,
 
Terry
#34 of 77
Re: Combination color/interior [westiethewilly] by maxload
May 07, 2009 (8:51 am)
Reply

Replying to: westiethewilly (May 01, 2009 3:00 pm)

Black/Lemon Green is available with all exterior colors except Red, Silver, and Bronze. If you configure the car on Volvo's website it show you want combinations are not available. I ordered a Saville Grey with Black/Lemon Green interior.
#35 of 77
Re: Combination color/interior [maxload] by westiethewilly
May 07, 2009 (11:17 am)
Reply

Replying to: maxload (May 07, 2009 8:51 am)

Thanks for the reply ! How do you like the combo ? I can not find this combo in any dealership in NJ for a personal look. So, I am hesitant in putting a order in. I think the Lemon color offers a lighter twist in the darkness of the rest of the car. And I am tired of beige interiors, refering to the expresso combo.
I want the climate, convenience, and multimedia pkgs with xenon . Do you or anyone think in the mid 500.00 a month on 36 month lease w/15k. with tax nothing down except inception, 1st month, MV, and bank fee. Do able ? I know the $ 5000 plus $ 1000 incentives are still available.
 
Also, did yours come with the wood or not ? or you prefer the all metal.
#36 of 77
XC60 Lease Details by tsh11
May 08, 2009 (5:05 pm)
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What do you guys think of the following offer to lease:
 
MSRP: $44,495.00
A-Plan Price: $42,125.00
Rebate: $5,000.00
Gross Cap Cost: $37,125.00
MF: 0.0024
Residual:. .46% for 36 month lease with 15,000 miles per year
Due at Signing:$1,478.59
Final Payment:$639.39
 
The lease is through US Bank and the dealership also offered me an extra $1000 for coming out of an Infiniti lease.
 
Thoughts?
 
Thanks in advance!
#37 of 77
Re: XC60 Lease Details [tsh11] by westiethewilly
May 09, 2009 (3:18 am)
Reply

Replying to: tsh11 (May 08, 2009 5:05 pm)

I am looking for a similar car with that MSRP. With the extra 1k, that brings the sales price to $ 36,125. I am sure you can go another 1k lower to bring it closer to invoice. I would not get the car other than at invoice or lower which should lower payments to High 500. or low 600 depending your sale tax rate.
 
The rebate of $ 5k and $1k are misleading in that without them the car would be price out. Because of the low residual and high money factor. the payment is not far from a ML350, GLK, RX350, MDX. All these cars have a lot higher MSRP but high residual and lower money factor.
#38 of 77
Re: 5K Incentive [Car_man] by westiethewilly
May 11, 2009 (6:36 am)
Reply

Replying to: Car_man (May 07, 2009 2:39 am)

Can anyone tell me why the independent bank offer sure a low residual and higher moeny factor than Volvo ? is it the they are offering the 5k incentive ? it defeats the savings. I am being quoted a 45% res. and a money factor of .00240 for a $ 44,345 MSRP XC 60. This is with the 3 pkgs, Climate, Convenience, & multimedia. They say the sell price is $ $ 35,234 with 15k and 39 months. $ 577 a month seems high for that selling price. That why I am questioning if they are using a higher money factor to make some money. Anyone can help
 
Thank You
#39 of 77
Volvo XC60 Deal? by volvo_guy
May 14, 2009 (12:59 pm)
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Can anyone tell me if this is a good deal or not?
 
Here are the numbers I have...
****I owe 3 payment on current XC90 Lease - Total $1605.00***
 
2010 XC60
Metallic paint, Climate Package, Convenience Package, BLIS, and Personal Car Communicator. MSRP $41,795
 
Term 36 mos
15000 miles per year
Residual 46%
Residual Value $19225.70
Rate factor 0.00250
Approx Int rate 6.0%
Payment $585.21/mo
 
Upfront fees
 
1st Payment 585.21
8% tax 1685.40
Origination fee 695.00
Cap reduct cash 0.00
Tax on Orig fee 55.60
DMW etc 190.50
Total fees 3211.70
Total fees less equity 4816.70
 
Loyalty credit (1000.00)
 
Net due at signing 3816.70
 
Thanks...Mike
 
 

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