Ask the Car People.SM


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 31 of 36

#293 of 349 Re: Volvo XC60 v Audi Q5 [zzaarr] by Car_man HOST

Aug 20, 2012 (4:17 pm)

Replying to: zzaarr (Aug 13, 2012 2:13 pm)
Thanks zzaarr . Here's the information that you're looking for.
 
US Bank's August buy rate lease money factor and residual value for a 36-month lease of a 2012 XC60 T6 AWD Platinum Package with 12,000 miles per year are .00092 and 50%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical lease of a 2013 model are .00178 and 53%.
 
Volvo is currently waiving the first four payments on leases of the 2012 model.
 
The numbers for 36, 12k lease of a 2012 Q5 2.0 Premium Plus are .00131 and 52%, respectively for consumers who qualify for its top credit tier.
 
I don't think that the 2013 Q5 is out yet.
 
Good luck in your quest for a new SUV. Make sure to let us know how everything turns out.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#294 of 349 Re: Volvo XC60 v Audi Q5 [zzaarr] by Car_man HOST

Aug 20, 2012 (4:19 pm)

Replying to: zzaarr (Aug 13, 2012 5:41 pm)
Hey zzaarr. The numbers for a 36 mo. / 12k lease of a 2012 Q5 3.2 Premium Plus are .00094 and 52%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#295 of 349 Re: XC-60 Lease Rates [lsr2k12] by Car_man HOST

Aug 20, 2012 (4:22 pm)

Replying to: lsr2k12 (Aug 20, 2012 9:27 am)
Yes I was lsr2k12. Thanks for the reminder.
 
US Bank's current buy rate lease money factor and residual value for a 36-month lease of a 2013 XC60 3.2 Premier Plus AWD with 15,000 miles per year are .00178 and 53%, respectively for consumers who qualify for its top credit tier.
  
The numbers for an otherwise identical lease of a 2012 XC60 T6 Premier Plus AWD are .00178 and 57%. The R-Design factor is the same, but that trim level knocks 2% off of the residual value.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#296 of 349 Re: XC-60 Lease Rates [Car_man] by lsr2k12

Sep 19, 2012 (9:09 am)

Replying to: Car_man (Aug 20, 2012 4:22 pm)
Carman,
 
Could you update the above for the month of September if there have been any changes.
 
Thanks.

#297 of 349 Re: XC-60 Lease Rates [lsr2k12] by Car_man HOST

Sep 23, 2012 (7:10 am)

Replying to: lsr2k12 (Sep 19, 2012 9:09 am)
Certainly lsr2k12.
 
US Bank's current buy rate lease money factor and residual value for a 36-month lease of a 2013 XC60 3.2 Premier Plus AWD with 15,000 miles per year are .00060 and 50%, respectively for consumers who qualify for its top credit tier.
   
The numbers for an otherwise identical lease of a 2012 XC60 T6 Premier Plus AWD are .00152 and 54%. The R-Design factor is the same, but that trim level knocks 2% off of the residual value.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#298 of 349 September Money Factor and residual by cliffpoz

Sep 23, 2012 (5:44 pm)

What is the money factor and residual on a 2013 xc60 t6 with 10k miles per year for 36 months?

#299 of 349 2012 XC60 by iontrap

Sep 26, 2012 (6:02 pm)

I'm going tomorrow or Friday to look at a 2012 FWD w/premium plus, BLIS, climate and electric silver metallic paint. MSRP with destination is $40,770. If I like it, should I start my offer at Edmunds TMV, $37,358 before subtracting incentives? There are $2,000 ($1,000 of this expires on 10/1/12) in incentives if you currently own a Volvo and the salesman mentioned another $1,000 on 2012 models. So, $34,358?
I'm considering either a 36 or 48 month lease w/15,000 miles per year.

#300 of 349 Re: 2012 XC60 [iontrap] by 4mercoachrick

Sep 26, 2012 (7:19 pm)

Replying to: iontrap (Sep 26, 2012 6:02 pm)
Having just leased our first vehicle after 7 purchases, I have mixed feelings about your deal. IF you got it $34K and financed 1.5-1.9%, you might find that purchase deal to be better than trying to cover 15K miles a year(Of course, check the residual...you could always buy at the end of the lease BUT would have to deal with the 'disposition' fee). I believe there is $2K in 'dealer cash' that shouldn't be overlooked. Take a good look at the 'down payment' that would be out of pocket and compare the lease to an outright purchase. Even with all the incentives a few weeks ago, Volvo wanted over $5K down PLUS incentives rolled in AND a hefty monthly payment to cover 12K miles per on a three year lease(and that was factoring in the $1800 to be 'paid' by Volvo/US Bank).
 
Of course, only you know your tolerance for leasing vs buying and how a zero-down purchase would compare to a 'few' thousand down on a lease.
 
Good luck!

#301 of 349 Re: 2012 XC60 [4mercoachrick] by iontrap

Sep 27, 2012 (3:03 am)

Replying to: 4mercoachrick (Sep 26, 2012 7:19 pm)
So there is an additional $2,000 in dealer cash? Thanks for the heads up. Ok, just looked at the incentives on the 2012's, $2,000 is listed until 10/1 also. I'm guessing that the $1,000 mentioned by the salesman is probably coming from this dealer cash.

#302 of 349 Re: 2012 XC60 [iontrap] by 4mercoachrick

Sep 27, 2012 (9:30 am)

Replying to: iontrap (Sep 27, 2012 3:03 am)
IF you decide to lease, that 'extra' thousand bucks will disappear in a flash! Probably won't result in a ten dollar reduction in monthly payments.
 
Remind this dealer that it's the last week of the last month of the quarter...he REALLY wants to make this deal happen before the weekend, I gar-ron-tee . I still think you should consider buying with a zero down, 1.49% loan(or better) IF you are getting the vehicle closer to $34-35K. IF those 'incentives' result in true attendant reductions in payments on the lease, I'll eat my hat.

Messages Page 31 of 36

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement