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2013 and earlier Volvo S60 Lease Questions

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  • qbrozenqbrozen Posts: 17,209
    Yup. Sounds that way.
    And I think that is one of the good parts of leasing. At least when it works out like this. You have paid less for the car over this term than you would have had you purchased it.

    I have 2 leases right now, too. And neither is worth now what the end of the lease buyout is. So, in other words, come the end of the lease, the cars will be worth far less than the buyout amount. Lucky me because I just need to turn them in and walk away, allowing the manufacturer to eat the negative.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • qbrozenqbrozen Posts: 17,209
    ya know, something else you might want to consider is early termination. I mean, depending on your per mile charge on the S80, if you are already at the mileage limit, it may behoove you to turn it in with a check for the remaining payments. Granted, you lose the use of the car from now till June, but it may not be worth it if the per mile charge is too high. something to think about.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • Ill look at the #s. @.20/mile over,and at this rate Ill put on another $100 in mileage fees, so the 3 remaining payments doesn't (S'cuse the pun) ...pay.. But thanks-good to look at all the angles...
  • arvanarvan Posts: 6
    Does anyone have the lease rate and residual for '09 Volvo S60 and xc90 for October?
  • My 2003 S-60 gas door hinge broke when I opened it. The hinge is very fragile. I guess I opened it too hard. Be careful and open slowly or it's off to the dealer to have it replaced.
  • Hi arvan. Volvo is not currently providing support on leases of the 2009 S60 through Volvo Finance, but it is providing a $1,500 cash incentive on lease of it through independent banks.

    Volvo Finance's special lease program for the 2009 XC90 varies by term, mileage allowance, and trim level. You never mentioned what any of these variables are, so for now I will assume that you are interested in a 36 month lease of a 2009 XC90 3.2 5 Passenger AWD with 15,000 miles per year. Let me know if you want something different. The numbers for the aforementioned variables are .00182 and 46%, respectively.

    Car_man
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  • rss62rss62 Posts: 2
    my 3 year lease is up 12/31/08. I will have 26k miles on car at that time and otherwise car is in very good shape. Residual value buyout option is $19k. Edmunds.com values are: $17.85 trade-in, $19.5 private party, $21.1 dealer and $23.4 certified.

    Is buyout option a good deal?
    What are chances I can negotiate a lower buyout price from Volvo Finance?

    thx for advice.
  • Hi rss62. The values of used vehicles have absolutely fallen off of a cliff over the past several months. They are dropping so fast that most on-line price guides can't even keep up with them. Chances are that your S60 is worth less as a trade right now than the value that you mentioned.

    It would be a good idea to shop around with a few actual dealers to see how much a similar used vehicle is really going for right now before pulling the trigger on buying your S60 at lease-end. Also, it wouldn't hurt to place a call directly to Volvo Finance, or whichever bank you are leasing your car through, to see if they would be willing to negotiate your car's end-of-term purchase price. More likely than not they won't, but you don't have anything to lose by trying.

    Car_man
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  • chadlchadl Posts: 11
    What are they currently for the S60 on a 3 year / 15,000 mile per lease ? Thanks !!
  • Hi chadl. Volvo's January buy rate lease money factor and residual value for a 36 month lease of a 2011 S60 with 15,000 miles per year are .00157 and 56%, respectively.

    Car_man
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  • ez627ez627 Posts: 4
    edited January 2011
    Car_Man,

    What is the money factor and residual value for a 36 month/12,000 m lease? Thanks.
  • Hi ez627. US Bank's current buy rate lease money factor and residual value for a 36 month lease of a 2012 S60 with 12,000 miles per year are .00198 and 68%, respectively.

    Car_man
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  • qbrozenqbrozen Posts: 17,209
    68%??! Wow! Volvo hasn't seen a projected residual like that in a helluva LONG time!

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • Hi. Could I get the must current money factor and residual values on a 2011 Volvo S60 T6 AWD, 36 and 24 months, with 15k miles per year. Thanks!
  • fantomfantom Posts: 211
    edited February 2011
    Hope Car Man can come to the rescue once again.

    The base cost of this special is advertised a $299 per month on a 36 month, 10,000 mile per year, with $2,993 cash at signing, for an$30,975 MSRP car excluding destination. For each additional $1,000 financed the lease goes up $28 per month.

    Under Edmunds Incentives and Rebates, it shows as $339 per month, 10,000 miles per year, with $2,384 due at signing, for a $32,325 MSRP car.

    So, I have 3 questions.

    1. Are both senerios above correct?

    2. Can the $1,000 Loyalty Rebate be applied to the cap price?

    3. What is the residual on a 36 month T5 with Premium Package and under 10,000 miles a year?

    As spec'd out on a custom order the car has an MSRP of $36,705 and an Invoice of $33,982.

    Thanks in advance for your help.
  • You sure can, bxxxmartin.

    Volvo's February buy rate lease money factor and residual value for a 36 month lease of a 2011 Volvo S60 T6 AWD with 15,000 miles per year are .00157 and 56%, respectively.

    I don't believe that Volvo is currently providing support on 2 year leases of this car at this time.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited February 2011
    Hi fantom. Let's answer the easy questions first :). Yes, the loyalty cash is available on leases.

    Volvo's current buy rate lease money factor and residual value for a 36 month lease of a 2011 S60 T5 with 10,000 miles per year are .00157 and 59%, respectively.

    Using the prices that you mentioned in your post, an MSRP of $36,705 and a selling price of $33,482 ($500 over invoice minus the loyalty cash), I estimate that this car would have a zero down, pre-tax monthly payment of around $416.

    Car_man
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  • What are the February lease rates for the 2012 AWD T6 S60 models at 36 months with both 12,000 miles and 15,000 miles per year?
  • fantomfantom Posts: 211
    Thanks Car Man!
  • fantomfantom Posts: 211
    I guess, not surprisingly, the numbers my local (good guys) Volvo dealer is quoting are different.

    On a 2012 Volvo S60 T5, 3 year, 10,000 mile per year, lease, the US Bank money factor is .001980, and the residual is a high 68%. Makes for a low lease cost, but a problematic buy out at the end of the lease. Loyality Cash was applied to the cap cost. Deal is $500 over invoice.

    How does this sound to you, Car Man?
  • georgec1georgec1 Posts: 12
    Can anyone (Car Man??) post the MF and residual for s60T5 2012 for March; 12K miles on 36 month lease. Thanks.
    I am either going to lease (if MF and % residual are good) or purchase through overseas delivery. Premium package, Climate Package, Tech Package, and PCC. Drove the car this week and loved it.
  • Just leased a 2012 S60 T5.

    Premium package, multi-media package, climate package and PCC.

    The deal:

    MSRP: $37,995
    Invoice: $36,175
    Sales Price: $35,175
    Gross Cap Cost: $36,125 (Rolled in bank fee of $950)
    Total Drive off: $1,140 (First month and registration)

    Residual - 66% (12k miles)
    Money Factor - .00183

    $458 per month (including tax)
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi mike_in_nepa. According to the latest information that I have seen, Volvo Finance's buy rate lease money factor and residual value for a 36 month lease of a 2012 S60 T6 AWD with 15,000 miles per year are .00198 and 66%, respectively.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're welcome fantom.

    Car_man
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  • Hi I was wondering what the money factor and residual for the 2012 S60 T6 is for the month of April for a 36 month lease at 12000 or 15000 miles. Thanks.
  • carneydocarneydo Posts: 3
    Could anyone post the April Money Factor and RV for a 2012 S60 T5 for 48 months at 12000 and 15000? Thank you.
  • rnmtrnmt Posts: 11
    edited April 2011
    What are the money factors and residuals (April/May) for 2011 C70 and 2012 S60?

    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi isitsummeryet. Through May 2nd, Volvo's buy rate lease money factor and residual value for a 36 month lease of a 2012 S60 T6 with 15,000 miles per year are .00199 and 62%, respectively.

    I believe that the residual value for a lease with only 12,000 miles per year would be 2% higher, but I'm not 100% positive about that.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I'd be happy to carneydo. Through May 2nd, Volvo's buy rate lease money factor and residual value for a 48 month lease of a 2012 S60 T5 with 15,000 miles per year are .00197 and 55%, respectively.

    Please feel free to check with me in a couple of days and I'll gladly provide you with an update that includes the new May programs.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi rnmt. Through May 2nd, Volvo's buy rate lease money factor and residual value for a 36 month lease of a 2011 C70 T5 .00048 and 55%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of a 2012 S60 T5 are .00183 and 65%.

    Car_man
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