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 32 of 35

#309 of 349 Re: November Lease Rates [sfgiant] by Car_man HOST

Nov 15, 2012 (3:13 pm)

Replying to: sfgiant (Nov 12, 2012 11:26 am)
Congrats on winning the World Series sfgiant. I'm not a Giants fan, but this year's team was such a likable group that I found myself rooting for them. What they were able to do after losing an MVP candidate mid-year is impressive.
 
Anyhow, Volvo is not providing lease support on 2012 models any longer. As a result, if you really went to lease you should go with a 2013 model.
 
If you just want the 2012 XC60 and don't really care whether you lease it or not, you can always finance it at 2.49% for 6 years and take advantage of the $2,000 dealer cash that is currently available on it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#310 of 349 Re: November Lease Rates [Car_man] by trentonl

Nov 15, 2012 (3:28 pm)

Replying to: Car_man (Nov 15, 2012 3:13 pm)
$2000 dealer cash is good money. You can get 0.49% for 48 months and 0.99% for 72 months from Pen Fed. Anyone can become a member of that credit union. Deal expires Dec 31.
 
https://www.penfed.org/PenFed-Car-Buying-Service/?intcid=ad-ZAG-ProductPages-208- x173

#311 of 349 Re: November Lease Rates [trentonl] by lcharlton3

Nov 20, 2012 (10:40 am)

Replying to: trentonl (Nov 15, 2012 3:28 pm)
Hey Carman,
 
Could you provide the lease factors for November 12k miles 36 months XC60 platinum T6?
 
Thanks in advance,

#312 of 349 XC60 Lease Information by mgarc

Nov 28, 2012 (11:57 am)

Hello, I'm in South Florida and looking to lease a 2013 XC60 T6. Can anyone please provide the depreciation rate and money factor for top tier credit, 36 month 15k mile lease?
 
Thank you!

#314 of 349 December Lease Rates by eitzel60

Dec 01, 2012 (3:47 pm)

Hey Car_Man,
 
Great forums and super helpful info as I am shopping for our first luxury SUV. We were looking at Q5's and your info helped us a bunch, but it turns out we prefer Volvo XC60's.
 
I could use your help with some numbers, specifically around December, now that Volvo seems to have moved from USBank to Volvo's own financing.
 
I'm looking at: Volvo XC60 3.2 AWD, Platinum Trim, AWD and Climate Package.
 
36 MO
15K m/yr
MSRP: 45,760 (include $895 destination charge)
Selling Price: 42,011
Residual: 48%
Lease Factor: 0.00025
NY Sales Tax: $1585
DMV: $265
Bank Fee: $795
 
Monthly - $572.83 (without taxes)
Total Due at Delivery - $3305
 
There is a sign and drive event going on that should reduce first payment by $500 or so.
 
I'm impressed by the lease factor, but the residual value seems low. Perhaps because of the Platinum trim? What can I do better on? Selling Price, Residual Value, remove bank fee? Also, is it preferred to roll in taxes to monthly payment or pay up front?
 
Thanks!

#315 of 349 Re: December Lease Rates [eitzel60] by 4mercoachrick

Dec 01, 2012 (5:02 pm)

Replying to: eitzel60 (Dec 01, 2012 3:47 pm)
I'm not Car Man and I've never played him on TV; but I'll chime in. With 15K miles/year, I wouldn't expect the residual to improve...in fact, that seems a little high since I got that kind of number on a 10K lease That's one reason I'm driving an RDX instead of another XC. I'd be very interested in the 'sign and drive' numbers you'll get, since paying up front on a lease defeats some of the advantage of leasing(especially at the current interest rates).
 
Also, like any 'down payment', paying the taxes up front is a 'no-no' in my book. May be a requirement where you are, but I would roll taxes into the monthly payment, if possible.
 
A sign and drive deal should be just that, IMO(perhaps with first payment due immediately, but not over three grand ).
 
The Safe and Secure program from Volvo is worth a fair amount(more in the fourth year), so that's something to consider. A cycling acquaintance recently paid over $1500 for her Audi Q brakes(around 30K miles, IIRC).

#316 of 349 Re: December Lease Rates [4mercoachrick] by eitzel60

Dec 02, 2012 (7:34 pm)

Replying to: 4mercoachrick (Dec 01, 2012 5:02 pm)
Thanks for the feedback. Safe and Secure is actually a great selling point, though the salesperson said that on leases I will only get 3/36, so if i do a 15k lease i will be at risk for 9k miles...
 
I'll ask about pulling all the upfront costs into the lease payments, given that the moneyfactor seems to be pretty good.
 
Curious what Car_Man's thoughts are still....

#317 of 349 Anything new in 2013? by drdrakeramore

Jan 06, 2013 (5:18 pm)

Hey Car_Man -
 
Curious what the current rates are - we don't need much by way of mileage, so curious as to residual and MF for a 10K/12K '13 XC60 3.2 with AWD. If you have the data handy for the upgraded trims that'd be great too, but my wife is most interested in less options this time around.
 
thanks!

#318 of 349 Lease Number for T6 Platinum by mdrivero

Jan 19, 2013 (7:21 pm)

Hello Carman
I would like to know the residuals and money factor for 24, 36 months for 10K and 12K per year.
I'm in the market for one of this SUV with almost all the options.
Thank you.
 
Regards. Miguel

Messages Page 32 of 35

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