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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
#319 of 349 XC-60 R-Design with Platinum Package by mdrivero
Jan 28, 2013 (10:58 am)
Hi,can someone help me with the numbers for 24, 30, 36 and 39 months MF and residuals?
10K and 12K miles per year.
thank you.
- Car_man (Jan 29, 2013 4:59 pm)
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#320 of 349 Re: Anything new in 2013? [drdrakeramore] by Car_man HOST
Jan 29, 2013 (4:56 pm)
Replying to: drdrakeramore (Jan 06, 2013 5:18 pm)
Hi drdrakeramore. Volvo Finance's January buy rate lease money factor and residual value for a 36-month lease of a 2013 XC60 3.2 AWD with 12,000 miles per year are .00025 and 53% for consumers who qualify for its top credit tier. The residual value for a lease with only 10,000 miles per year would be 1% higher.
the money factors for the Premier and Premier Plus would be the same, but the residual values would be 1% and 2% lower, respectively.
Car_man
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#321 of 349 Re: Lease Number for T6 Platinum [mdrivero] by Car_man HOST
Jan 29, 2013 (4:57 pm)
Replying to: mdrivero (Jan 19, 2013 7:21 pm)
Hello Miguel. Volvo Finance's January buy rate lease money factor and residual value for a 24-month lease of a 2013 XC60 T6 with 12,000 miles per year are .00005 an 69% for consumers who qualify for its top credit tier. The numbers for an otherwise identical 36-month lease are .00040 and 55%.
If you were to lease with only 10,000 miles per year, this car's residual value would be 1% higher.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#322 of 349 Re: XC-60 R-Design with Platinum Package [mdrivero] by Car_man HOST
Jan 29, 2013 (4:59 pm)
Replying to: mdrivero (Jan 28, 2013 10:58 am)
Hey mdrivero. Volvo Finance's January buy rate lease money factor and residual value for a 24-month lease of a 2013 XC60 R-Design with 12,000 miles per year are .00005 and 66% for consumers who qualify for its top credit tier. The numbers for an otherwise identical 36-month lease are .00040 and 53%.
The numbers for an otherwise identical 39-month lease are .00040 and 51%.
The residual values for leases with 10,000 miles per year would be 1% higher.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#323 of 349 Is this a good deal on a lease for 2013 xc60? by starsf
Jan 29, 2013 (7:52 pm)
I was given this quote on a lease for a 2013 xc60 (Premier Plus w/ Climate and BLIS). I'm wondering if and/or where there is room to negotiate on this deal:10K mi/36 months
Money Factor: .0041
Residual Value: 52%
Cost of Car: $39,898
This is my first experience leasing so I have no idea if this is a good deal. Any advice would be very much appreciated!
- starsf (Jan 30, 2013 11:53 am)
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#324 of 349 Re: Is this a good deal on a lease for 2013 xc60? [starsf] by starsf
Jan 30, 2013 (11:53 am)
Replying to: starsf (Jan 29, 2013 7:52 pm)
I forgot to mention, the monthly payment was quoted at $570 per month. No drive off fee and volvo pays first payment as part of their sign and drive promotion, so only $500 for dmv fees etc due before I get the car.
#325 of 349 What is the buy rate on a 2013 xc60 right now? by starsf
Jan 30, 2013 (2:38 pm)
Does anyone know how I can locate that information? I'm trying to figure out if the money factor I am being offered is good or if it's being marked up.#326 of 349 Re: What is the buy rate on a 2013 xc60 right now? [starsf] by drdrakeramore
Jan 31, 2013 (3:47 pm)
Replying to: starsf (Jan 30, 2013 2:38 pm)
I'm not car_man, but looking at his responses earlier this week the numbers you have are in the ballpark, if one assumes that the MF you quote (".0041") is actually .00041, that your monthly includes taxes and that it's spread over 35 payments (not 36). Residual seems to be right on based on what car_man told me, but I'm not sure how AWD (which I asked for) affects the %.
Anyway, one thing you can do is work on your price (cap cost) - you were quoted ~4% off MSRP. By my rough math, each % point off MSRP will reduce your monthly by about $12, so the more you reduce that, the better. Make sure you're good with 10K miles too.
Oh, you can plug your numbers into www.shrewdlease.com and see what you think. Most of the improvement is in the discount.
#327 of 349 2013 XC60 T6 AWD by jbaril
Feb 04, 2013 (9:46 pm)
Climate, Tailgate, Remote Start. White / Beige. $44244 MSRP24-mo. lease/10K $0 out of pocket; 23 payments of $480.14 + tax = $515.95
Metro Denver area.
I was pleased; I spent a month having three dealers fight. Looking forward to trying out the remote start early tomorrow morning.
John
#328 of 349 Re: What is the buy rate on a 2013 xc60 right now? [starsf] by Car_man HOST
Feb 05, 2013 (5:32 pm)
Replying to: starsf (Jan 30, 2013 2:38 pm)
Hi starsf. Volvo Finance's February buy rate lease money factor for a 36-month lease of a 2013 XC60 is .00001 on the 3.2 FWD, .00025 on the 3.2 AWD and .00040 for the T6 for consumers who qualify for its top credit tier. Car_man
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Prices Paid: Buying & Leasing Experiences Forum
- cpoeclass (Feb 07, 2013 9:24 am)
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