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6Can you please provide MF and residual information for a 2008 S60 2.5T AWD and FWD?

24 month 12k

36 month 12k

Also, can you please confirm what incentives are available?

Thank you

5I spoke to my Volvo sales consultant yesterday and he mentioned that Volvo just announced aggressive lease programs on S60s and S80s. I am considering both models, so I would be curious if you knew the current MF and residual for both (24 mo and/or 36 mo; 12K per year). I was in the car, so I couldn't write down the numbers but I think he said there is $6500-$7000 lease support on the S60 and S80. We are coming off lease in February (V70), and I don't know if any loyalty cash is out there as well. I just would like to be prepared before I go in to see him next weekend. Any info would be great.

Thanks.

353The monthly payment for this car came to $366.87 before state tax.

Actual MSRP - $35,625

But he used what he called CRV of $38,100 to caluclate residual

Adj. Grs Cap cost - $26,895 ( after all his rebate money available off the $35,625)

Residual - .43% (x $38,100) = $16,383

Total Depreciation - $10,512 ( $26,895 - $16,383)

Monthly Dep - $292.00

Mo. lease chg. $ 74.87

Total due at signing - $1394.96 (1st mo+tax385.21+ $39.75 tax + $970 GAP ins./ Acq Fee / lic & registration fees)

I did this deal in Massachusetts.

7Based on what you listed above. You can write a check for $1,394.96 for a car with a $35,625 msrp and then pay $385.21 per month. These numbers even include the 5% sales tax. I am not shocked so much by the payment as I have been able to lease an S60 in the past for $399 per month tax included. What surprises me is the residual of $16,383.

If you took this deal and paid the $1394.96 and then 35 payments of $385.21, that totals $14,877.31. Now at the end of the lease, you buy it for $16,383 + 5% sales tax, which is $17,202.15. You now own the car and have a total of $32,079.49 invested.

Compare this with a purchase. The invoice on this car is $33,395 and Edmunds shows a $2500 dealer cash incentive. If you could get the car at invoice and get the entire $2500 incentive, that puts you at a price of $30,895. Add the 5% sales tax gets you up to $32,439.75. So, if you had the money in your hand to buy the car at this price. It actually saves you $360 to take the lease and that assumes that you did absolutely nothing with the $32,000 to earn interest over the next three years.

I have seen some deals where the lease was almost equal to a purchase but nothing where it was actually cheaper. There most be a lot of incentive money available that is not published.

Anyway, thanks again for posting and I would say very sweet deal.

447-8k miles. here is the pricing.....

MSRP: 35150

Invoice: 32987

Sellling based on:23955.39

43 % resi.

36 month

warranties are good for 36 months. miles start at 0

premium/climate/AWD

Black/Black

$349mth-taxes included

$ 741 down

If anyone can tell me what they think greatly appreciate it!

19,256'14 CTS Vsport; '98 Volvo S70 base; '14 Town&Country Limited; '09 LR2 HSE. 40-car history and counting!

4This is what I found.

MF .00173

Fees 349/1st payment

7.50 tires

125 doc fee

359 reg

I look forward to your response.

19,256That is a GREAT deal, from what I can see.

You've got a good money factor on top of a deep rebate, and no unreasonable fees.

I plugged all your numbers into Edmunds lease calculator and came up with ~$351. So it sounds like the $349 payment you were quoted is right on.

And I must say, a damned nice car for $350/mo. congrats!

'14 CTS Vsport; '98 Volvo S70 base; '14 Town&Country Limited; '09 LR2 HSE. 40-car history and counting!

4I came up with 335.09? I'm not great at this.

Tell me if you would where I went wrong.

MSRP: 35150

Resi: 43%

--------

Resi$: 15114.50

Selling Pr: 23955.39

Res: 15114.50

--------------

Used: 8840.89

/36 mths

--------------

245.58

Selling Pr. 23955.39

Res $: 15114.50

--------------

39069.89

MF .00173

-----------------

Interst 67.59

Payment 245.58

----------------

Mth/Int 313.17

Tax .07

----------------

21.92/mth

Mth/Int 313.17

-------------

335.09

They quoted me $349 plus 741 down. According to my calc. I think they should come down another 10/mth to be fair?

3She currently has a 2002 Mazda Tribute with only 36,000mi, all paid for. So in 3 more years this should have about 55K, it will easily go another 3 years. With no car payments for another 3 years.

5,274So, there is prob an acquisition fee rolled into the lease.

Unless the bank is M&I.

Your dealer quote makes sense w/ an acq fee.

19,256'14 CTS Vsport; '98 Volvo S70 base; '14 Town&Country Limited; '09 LR2 HSE. 40-car history and counting!

4Is this bad?

5,274Correct. It is a 3rd party bank. Not Volvo/Ford.Is this bad?

No, not at all.

You just don't have all the numbers,which is why the payment you come up w/ is off.

736 months at 12k miles/year

$1000 total cash due at signing (have not recieved the breakout yet)

$393 total monthly payment (includes 7% sale tax)

Question: Given that I do not have the particulars from dealer (MF, residual, cap, etc.), does this look like a good deal on the surface? Or, do you think I can hold out for the same terms on a AWD model or a better deal on the FWD?

Any thoughts?

1371Please help me determine if good deal based on this info from dealer:

MSRP of the vehicle is $33,775 and with Volvo's Value Pack savings you are at $36,300. **What's a value pack and why is it costing me money?**

"Z" plan price is my invoice price of $31,656 minus the "Z" plan incentives brings you down to $26,656., which is the Cap Cost or sale price of the lease.

**Salesman keeps trying to say I'm saving 10K - $36300 to $26656; really?!**

Premium and climate packages plus metallic paint

**Cleveland, heated seats....hope I use them**

The Lease is for 48 months w/12,000 miles per year. The monthly payment, including tax, is $334.82 with Inception Fee's due at signing of $1,023.76 which break down as follows: $334.82-- First months payment

$625.00-- Bank Fee

$ 48.44--Tax on Bank Fee

$ 15.50-- Title Fee and Temporary 30 day tag.

$ 0.00-- Security Deposit and Documentary Fee are waived on "Z"

_________

$1,023.76-- Total due at signing

5. Lease Rate or Money Factor is 1.86 which equates to an interest rate of 4.46%.

The Residual or Buyout price at lease end is $15,609.00.

=========

Okay, so the payment's not too bad, loving rate versus buying. Trying to refi home before leasing but of course the special is only good to 2/29. Anyone have any scoop on March lease specials .Any advice?

Thanks!

45,784wouldbe $36,300.Of course you really aren't saving that money...

But, on the plus side, it looks like they use the higher number ($36,300), to calculate the residual (43% of $36,300), so that is why the payment is nice and low...

It's a decent lease deal... if you can live with a 4-year lease.. (I can't..lol)

regards,

kyfdx

MODERATORPrices Paid, Lease Questions, SUVs

5,274Bank residuals are gonna drop in March.

Plus, Volvo is not committed to lease incentives for the S60 much past March anyway.

So, I doubt you will see any increase in factory support, and you will have a lower residual to boot.

753My 2 Volvo leases are up in June. I am happy to buy them out OR lease new ones-My main concern is COST.

Here are the #s

S-80-2.5Tawd,leather,40K miles(by June)1)My Cost to buy out lease:$24,000 plus 5% interest rate /5 year loan on $ I would use to buy,or $481/Mo,total Interest paid over life of loan=$3,200.

2) My cost to turn in car, $2kmileage,$2Krepairs- $1K allowance=$3,000

3)Kelly Blue Book Value=Trade-$16.2,PrivParty-$18.8,Retail-$22.7

4) My cost to lease a new s80, which is what I would do, for a similarly equipped car and 36 m,15K lease I estimate at $450/mo, but have done very little research.

S60 2.5Tawd,leather,30kmiles (by June)1) My cost to buy out lease=$20,400 plus 5% interest rate /5 year loan on $ I would use to buy, or $384/mo.Total Interest paid over loan=$2700

2) My cost to turn in car= $3K repairs less $1K repair allowance=$2,000

3) Kelly BBValue=Trade-$15.8,privPrty-$18.2,Retail-$22.1

4) My cost to lease a new s-60, similarly equipped, 36M, 15K, which I would do, is approx. $350-$400/mo, but I have done very little research.

So,do I start shopping or buy the cars-or just one of them-when the lease is up in June? I am trying to reduce my expenses- and I have 3 teenage drivers in the family(that explains all the repair costs...)

Any help is much appreciated.

19,256I'm making that assumption since you say the S80 with 40k miles will cost you $2k in mileage fees (10k miles x 20 cents?).

And, if that is the case, you probably shouldn't lease another one at 15k/yr since you will go over by 15k total miles over the 3 years.

53Yes they are both 2005, both are 10K miles/year, so I could go with 15K and be OK. THe s80 is currently at 36K but I assume 40K by lease end.The s60 is fine with miles, but needs Cosmetics @2K

Does that help?

Do you think the RV is negotiable on these?

19,256You also may want to think twice about financing them for 5 years if you do buy them out. I mean, you gotta do what you want, but just think that they will be 8 years old before you are done paying for them.

53So if they won't negotiate buyout, then it looks like turning them in is your best option.Even if I have to pay $ for mileage and cosmetic/repair to turn in?

Thanks so much for the input. I hadn't considered the "8 yrs old" point..

19,256Of course, that is $5k over trade-in value, which is different than retail value. Retail value would be $1500-$2k over trade-in. So, even at $17k retail, you'd be paying $3k more than that. (if I'm recalling the S60 number correctly, which was about $15k, correct?) I think the S80 was even worse, was it not?

53