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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 33 of 35

#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!

#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 MSRP
24-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
Host
Prices Paid: Buying & Leasing Experiences Forum

#329 of 349 Re: What is the buy rate on a 2013 xc60 right now? [Car_man] by cpoeclass

Feb 07, 2013 (9:24 am)

Replying to: Car_man (Feb 05, 2013 5:32 pm)
Carman -
 
Can you confirm what the associated residuals are for the MF rates that you provided in message # 328. Interested in the 3.2 AWD and T6.
 
Thanks.

#330 of 349 my recent quote by nkf2008

Feb 12, 2013 (2:04 pm)

I got several quotes from volvo in nyc area; Do these numbers add up to the current money factor / residuals or are there better deals to be had ? Thanks
 
1) xc60 AWD T6 Base Model MSRP 41,500
1700 drive off fees, which include first month, bank fee, dmv fee, Taxes NYS included in payments
$430.00
 
2) xc60 AWD T6 with Power Tail gate Package MSRP 42,800
1750 drive off fees, which include first month, bank fee, dmv fee, Taxes NYS included in payments
$460.00
 
3) xc60 AWD T6 with Premier Package MSRP 43,500
1750 drive off fees, which include first month, bank fee, dmv fee, Taxes NYS included in payments
$495.00

Messages Page 33 of 35

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