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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 31 of 35

#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.

#303 of 349 Re: September Money Factor and residual [cliffpoz] by Car_man HOST

Sep 30, 2012 (7:14 am)

Replying to: cliffpoz (Sep 23, 2012 5:44 pm)
Hi cliffpoz. US Bank's September buy rate lease money factor and residual value for a 36-month lease of a 2013 XC60 T6 with 10,000 miles per year are .00152 and 57%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#304 of 349 October lease rates by trentonl

Oct 11, 2012 (11:28 am)

Car Man! If available, please provide the October money factor and residuals for
 
1: 2013 XC60 T6 AWD Platinum
2: 2013 XC60 T6 AWD Premium Plus
 
36 month, 10,000 miles/year, top credit tier. Thanks.

#305 of 349 Re: October lease rates [trentonl] by Car_man HOST

Oct 17, 2012 (3:12 pm)

Replying to: trentonl (Oct 11, 2012 11:28 am)
Hi trentonl. US Bank's October buy rate lease money factor and residual value for a 36-month lease of a 2013 XC60 T6 AWD Platinum with 10,000 miles per year are .00112 and 54%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical lease of a T6 Premier Plus are .00112 and 56%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#306 of 349 November Lease Rates by sfgiant

Nov 12, 2012 (11:26 am)

Hi. I am looking at leasing a 2012 XC 60 (there's some leftover inventory here at dealers in Northern CA).
 
Basically either an R or T6 AWD with Platinum package.
 
Can anyone shed some light on discounts?
 
Also, what are the November money factor and residual rates?
 
Thanks.

#307 of 349 November Lease Rates by sfgiant

Nov 12, 2012 (11:28 am)

Additional clarification:
 
Lease would be 36 months/12k miles per year.
 
Thanks!

#308 of 349 Re: November Lease Rates [sfgiant] by 4mercoachrick

Nov 12, 2012 (3:52 pm)

Replying to: sfgiant (Nov 12, 2012 11:28 am)
I haven't kept up since trading back in August; but I was told by a Volvo salesperson that the leases were either 10k or 15k with no 12k on the 'menu'.

Messages Page 31 of 35

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