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Volvo S80 Lease Questions

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  • osu18osu18 Posts: 17
    After a long wait for the car to be produced and shipped, I took delivery of my 3.2 S80, Silver on Black with the additions of PCC, Nav and Park Assist. One Pay deal for 24 Months and 30K miles, $13,489.00 Including all fees. part of the deal was the Volvo loyalty program. Love the Car but hate the ABS Check procedure that is felt on the accelerator every time after start up....
  • jeffw2121jeffw2121 Posts: 2
    I have just been offered the following lease. We are just preliminary looking so I dont have the exact numbers they are using for residual or money factor. Please let me know if this is a good deal or if I can do better:

    2007 Silver Mettallic 3.2 S80 with Black Perforated Leather
    24 month lease/ 12k miles per year
    Sport, Climate, Navigation, Parking Assist, Blind Spot, PCC
    1k down payment
    $479/month plus tax

    They let me take it for the weekend to test so I have to return on Monday and let them know.

    Thanks for your help
  • zamozamo Posts: 120
    If the 1K is due at signing (meaning that includes everything, like tax, tag, first payment and other fees), andconsidering the options (certainly almost all options included), I would say it is a pretty good deal.

    I love the sport package. I wish I could see any with navi in stock.
  • thebradthebrad Posts: 16
    I have been looking for an S80 lease and the dealer offered me the following deal:
    S80 3.2 silver metallic with comfort package only
    419/month + personal property tax ea month
    10.5 mi/yr, 24 months
    $2200 for taxes, title, dealer fees

    The dealer is trying to yank me around on my trade..by a few grand. Is the lease offer a good deal or can I do better? I've read a few people are paying sub 400 for monthly payments.

    Thanks in advance for the input
  • zamozamo Posts: 120
    You should be able to get the same deal with just $0 down. Just First payment, tax and tag. Maybe they are adding the difference of your trade in to the mix. Trade-ins are usually equivalent to throwing cash through the window.
  • carsmart1carsmart1 Posts: 3
    I'm starting the process of deciding if to lease a 2007 3.2 S80. The current lease offer sounds appealing, but I'm trying to understand the math behind the numbers. I'm qualified for "X" plan pricing, customer loyalty (I'm currently leasing a 2006 S60), as well as another available incentives. I've read about the $11K incentive to finance through a bank other than volvo-finance (although my dealer acts like he's never heard anything about this!). Can someone please help me understand what I should look at before walking into the dealership? Residual? Money Factor?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here you go Ray. According to the latest information that I have seen, Volvo Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Volvo S80 3.2 with 12,000 miles per year are .00037 and 64%, respectively. The numbers for an otherwise identical 36 month lease are .00132 and 51%.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hey Bo. Here's the information that you're interested in. According to the latest information that I have seen, Volvo Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Volvo S80 T6 with 18,000 miles per year are .00132 and 47%, respectively.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Congratulations on getting such a good deal on your new car, zamo. Make sure to stop by the new Edmunds.com Dealer Ratings & Reviews section of this site to share your thoughts on your dealer experience with everyone. Enjoy your new ride :) .

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi thebrad. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this what car's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what these numbers are.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Greetings carsmart1. It sounds as though you are new to leasing. If so, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    In short, the best way to get a good deal on a new vehicle is to negotiate the lowest possible selling price on it and then have the dealer calculate your lease payment using its buy rate lease money factor. You should be in good shape as far as the price of your vehicle is concerned because you will automatically be given an excellent price for purchasing through Ford's X-Plan. If you decide to lease this car through Volvo Finance, and while I am not sure it is possible that you may have to if you want to use the X-Plan, make sure that the dealer uses its buy rate lease money factor to calculate your monthly payment. This car's money factors vary by term, but its current 36 month buy rate is .00132.

    Car_man
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  • iaswedeiaswede Posts: 4
    what was the negotiated price on your deal? I have been trying to figure a 3.2 with climate only and am not getting that close to your payment. Anyone with any suggestions on how to get this car to sub 400 with only fp, tax and tag it would be appreciated. I don't want to put much down since I have to sell a 2000 XC70 in the paper.
  • zamozamo Posts: 120
    This was at the end of June at closing hours. They might have given me a deal to just close the books. At that time there was a 2 grand customer loyalty rebate too.

    MSRP was around 44.5K and negotiated price was around 40K. Residual was a bit more than 30K. 24 month lease, 10.5K miles per year. The 2 grand were used as cap cost. Another 750 bucks paid by the dealer were used as part of the cap cost too. I paid first payment, tax and tag due at signing.

    Hope it helps. Where are u located btw?
  • iaswedeiaswede Posts: 4
    Iowa. I have it figured as an s80 with climate only. 39,430 msrp. if i can get them to invoice of 37,031, use 2k to get it to 35,031. .00037, 24 months, 12k miles. 64 percent or 25, 235 residual. i am getting a payment of 456 which includes tax. What am I missing here? Is it the 12k miles that is affecting the bottom line?
  • stop

    you have msrp way too high on this car. 36K would be a better msrp for you and somewhere in the ballpark of what the dealer should take to get rid of this car.

    things to remember the s80 has moved at an incredibly slow pace, therefore, you have the upper hand not the dealership. otherwise I think you are on the right track
  • tclantontclanton Posts: 15
    What are the current incentives on the 2008 S80 T6 (Volvo and non-Volvo finance)? What are the MF and residual on a (12K mile/year 24 month) and on a (12K mile/year 36 month lease)?
  • Carman, can you please answer tclanton's message on 8/11? I'm interested in the same. Can you also let us know figures for 10K/yr as well along with what the acquisition fee is and over mileage cost?

    Thanks,
    Jabber
  • I would like to close a deal on a Volvo S80, 3.2 liter car very shortly for a 24 month lease. I live in Long Island, NY and have been given the following quotes:
    1.$525 per month with no money down(tax in payment) and 12,000 miles. The MSRP is 40,600,the selling price is 36,130 and the residual is 25,985.
    2. With Navigation,$571.83 per month and no money down
    and 12k miles. The MSRP is 42,770, the selling price is 38,516
    and the residual is 27,372.
    Thanks for your prompt advice.
    Spencer
  • I heard new incentives come out today.

    I've been driving an 08 S80 MRSP 49k (obviously this is fully laoded), sport, climate, nav, park assist.. very sweet car..

    I'm wondering what I can get this for.. I've leased two vehicles from the same dealer in last (1998 s70 and 2006 s60).. so now Im not sure what to get this s80, xc90 or just an s60

    I love the s80... (did note the weird pedal thing when driving first time...)

    I am trying to figure out what this car has that others are quoting msrp 42k with nave.. how do I have 7k more in options??
  • Just leased a 2007 S80 3.2 in NJ with nav, metallic paint, runflats and climate. 24 months, 10,500 miles/yr, I paid the sales tax/motor vehicle fees + 1st month pymt. out of pocket. Monthly payment $ 409.
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