Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Volvo XC60 Lease Questions

191012141519

Comments

  • disladisla Posts: 55
    why would you want a 48-mo lease?? You will have to probably replace the tires and possibly do other maintenance not covered by their plan.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi xc602012. According to the latest information that I have seen, US Bank's current buy rate lease money factor and residual value for a 36 month lease of a 2012 XC60 3.2 AWD with 10,000 miles per year are .00199 and 58%, respectively. This may have changed though because I haven't seen a copy of Volvo's program in a while.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi, I'm looking at a Volvo XC60 3.2 AWD for a 3 yr / 36k mile lease. Are the MF and residual for a 2011 model still 0.0011 and 47%? If so, does it make more sense to get a 2012 model when the residual is at 58% or is there enough discounting done to make an '11 model cheaper?
    Thanks in advance for any input!
  • But it's a 5-year plan. I don't see why 48 months would be a problem at all.
  • Hi dmeinbach. Volvo's September buy rate lease money factor and residual value for a 36 month lease of a 2011 XC60 3.2 AWD with 12,000 miles per year are .00178 and 45%, respectively.

    The numbers for an otherwise identical lease of a 2012 model are .00178 and 54%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • For October: What is MF, esidual, for 2012 XC60AWD and regular? What is acquisition fee?
    Thanks,
  • Hey asteinberg. Volvo's October buy rate lease money factor and residual value for a 36-month lease of a base 2012 XC60 AWD with 15,000 miles per year are .00178 and 54%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of a FWD model are .00178 and 52%.

    Volvo runs its special lease through US Bank. US Bank charges a $695 acquisition fee on leases.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • skspghskspgh Posts: 28
    Hello, I'm new here so excuse the questions if its been answered (please point me to it). What is the residual for 10K miles on t6 2012 (I'm told around 54% also) But when considering the lease vs. buy on the xc60 t6 2012 the residuals seems awful (in favor of the bank). Dealers tell me Banks got burned in the past and now very conservative with price of 3 yr old cars. Do folks agree it makes buying more attractive vs. lease when you consider other leases offer better residuals. That makes me feel the xc60 has bad after-market value 3 yrs out - true? And while I love the 2012 xc60 t6, I see so FEW on the road that it makes me nervous to buy it. Q5 and X3 and GLK I see plenty and I'm scratching my head because the xc60 rocks.
  • Welcome skspgh. US Bank's October buy rate lease money factor and residual value for a 36-month lease of a 2012 XC60 T6 with 10,000 miles per year are .00178 and 59%, respectively for consumers who qualify for its top credit tier.

    It is true to some degree that banks got fairly burned by overestimating vehicles' residual values prior to the credit crisis. They were uber conservative coming out of it, but have loosened up somewhat lately. It doesn't hurt that the values of used vehicles is very strong right now.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • tbbuctbbuc Posts: 2
    Does anyone know what the November lease variable are or what December lease variables will be? Or if there are any other incentives, like 1st mo. lease paid by Volvo. I am not sure if Volvo is running any end of year incentives, like Audi, etc. are.

    I am looking at 2012 3.2 FWD Prem. Plus, +BLIS, +Climate, for 36 mos. lease with 12k miles, or a 2012 T6 with same options and same terms. Thanks so very much!
  • Hi tbbuc. US Bank's November buy rate lease money factor and residual value for a 36-month lease of a 2012 XC60 Prem. Plus FWD with 12,000 miles per year are .00122 and 48%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of an XC60 T6 Prem. Plus FWD are .00122 and 51%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • tanctanc Posts: 1
    Stoped by one of the dealer in NYC
    For XC60 3.2 AWD Premier Plus w climate package & blind spot
    MSRP 43045
    Residual 52%
    MF: 0.00122
    10,000 miles/year for 36 mos

    If I am thinking about making an offer what will be a godd starting point? 38,500 sound reasonable starting point?
  • Carman,

    Do you have the the following December money factors and residuals:

    T-6 R-Design for 36 and 48 months 15k per year

    T-6 Premier Plus for 36 and 48 months 15k per year

    3.2 AWD Premier Plus for 36 and 48 months 15k per year

    Thanks
  • Hi autoboy19. According to the latest information that I have seen, US Bank's current buy rate lease money factor and residual value for a 36-month lease of a 2012 XC60 T6 R-Design with 15,000 miles per year are .00122 and 48%. The numbers for an otherwise identical 48-month lease are .00148 and 38%.

    The numbers for the XC60 T6 Premier Plus are .00122 / 50% and .00148 / 39%.

    The numbers for the XC60 3.2 Premier Plus AWD are .00122 / 49% and .00148 / 38%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Car-man-

    Can you advise of current money factors and residuals for an XC-60 with the Premier Plus package for 3 yrs and 12,000 miles/year.

    Invoice for the car (with a few other options) was $42,740 and they agreed to $41,500 (the XC-60 is really tough to find here in Dallas for whatever reason). Without giving me the money factor or residual, they are saying a 3 yr/36k mile lease would be $731 after a $3000 down payment. That number just doesn't make any sense to me. It's basically the same as the 60 month loan at 2.9%.

    Thanks in advance.
  • autoboy19autoboy19 Posts: 90
    edited January 2012
    Is the MSRP 42,740 or the invoice? I assume you mean the sticker price was $42,740 and they are giving you a $1,240 discount?

    I would ask for A-plan pricing. It equates to invoice pricing and basically almost anyone can qualify for it. You can find the eligibility list on the Volvo of Dallas website.

    Based on last months numbers of .00122 money factor and 48% residual, that $731 doesn't seem too far off. I get about $680 a month on my lease calculator taking into account the fact that Texas charges the full tax price of the car on the lease.

    I don't know if the $3000 was all cap cost reduction or included other fees, but it is likely the dealership is marking up the money factor a bit to get to that $731 number.

    This car is a better purchase candidate at 2.9% APR for 60 or 72 months.

    Also, is this at Park Place or Volvo of Dallas?
  • Carman,

    Can you tell me if the above numbers have changed since last month?
  • Car Man-

    Sorry that wasn't clear. Yes, the MSRP was 42,740 and they came down to 41,500. This was Park Place. I'll check the Volvo of Dallas website.

    After asking twice for the residual and money factor, they finally came back with 48% and .00163. With 3000 down (basically the sales tax) they calculated the lease payment as $669. I was wondering if the money factor really went up that much from December to January.

    We're still considering the purchase option... Just not sure we will want to keep it for that long as the main consideration.

    Thanks again.
  • xchelpxchelp Posts: 3
    Hello,

    I drove a 2012 XC60 with premier and climate packages awd 3.2, i was told the sticker was around 37.5k, with the inception fee 0f 4200 does a 36month 10k mile per yea lease at $531 month sound reasonable? It was their first offer but i had to leave the dealership in a hurry not sure how low it can go from there, the rsidua was .58. Thanks
  • autoboy19autoboy19 Posts: 90
    edited January 2012
    It's very unlikely the money factor went up that much, most likely they are marking up the money factor for extra profit.

    It sounds like the money factor is the same as last month and they are marking it up by .00041, which I think might be the maximum allowed. Tell them you want the base rate money factor.

    Also, make sure you are being given the base acquisition fee of $795.
Sign In or Register to comment.