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2015.5 Volvo V60 Lease Questions

vics1vics1 Posts: 3
edited December 2014 in Volvo
Hi All, I'm looking for leasing 2015.5 Volvo V60 T5 Drive-E Platinum trim with front heated seats and BLIS. I have got a quote from a Dealer and details are below. Can someone suggest if this is the best offer in market.

MSRP: 44175
Invoice: 42080
Selling: 41280
Residual: 65% (24 months/12k miles), 56% (36 months/12k miles)
MF: 0.0001 (24 months/12k miles), 0.0002 (36 months/12k miles)

Monthly payment before tax: 464 (24 months), 427 (36 months)

I also wants to understand, if I will go with Premier Plus trim, and get additional things using packages, would that reduce the overall payments.

Thanks
«1

Comments

  • vics1vics1 Posts: 3
    Sorry I forgot to add, there will be a down payment of 2500
  • kyfdxkyfdx Posts: 120,318
    vics1 said:

    Hi All, I'm looking for leasing 2015.5 Volvo V60 T5 Drive-E Platinum trim with front heated seats and BLIS. I have got a quote from a Dealer and details are below. Can someone suggest if this is the best offer in market.

    MSRP: 44175
    Invoice: 42080
    Selling: 41280
    Residual: 65% (24 months/12k miles), 56% (36 months/12k miles)
    MF: 0.0001 (24 months/12k miles), 0.0002 (36 months/12k miles)

    Monthly payment before tax: 464 (24 months), 427 (36 months)

    I also wants to understand, if I will go with Premier Plus trim, and get additional things using packages, would that reduce the overall payments.

    Thanks


    Premier residuals are 1% higher... That will reduce the payment by $18/mo. on the shorter term and $12/mo. on the 36 month term.

    Of course, assuming the Premier is cheaper MSRP and selling price, there will savings there, as well.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • What is the MF and residual value for 39 (or 36) month, 12K 2015 (not.5) V60 T5 wagon in Florida? MSRP 36320 but (allegedly) dealer willing to lower price by 5-6 thousand (I don't know if I believe this)
  • kyfdxkyfdx Posts: 120,318

    What is the MF and residual value for 39 (or 36) month, 12K 2015 (not.5) V60 T5 wagon in Florida? MSRP 36320 but (allegedly) dealer willing to lower price by 5-6 thousand (I don't know if I believe this)


    FWD?

    .00165 MF and 58% residual for Premier, Premier Plus, 57% for Base, 56% for Platinum.
    $2000 lease cash.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hi Kyfdx,
    Cld you pls tell me for WA state:
    MF and ResidualV, any lease cash
    36mo 
    15K/mo and 
    12k/mo


    2015.5 V60 T5 Drive E FWD
    PLATINUM, BLIS, Technology packages


    Thank you so much

  • MichaellMichaell ColoradoPosts: 111,014
    edited January 2015
    alexfrnch said:

    Hi Kyfdx,
    Cld you pls tell me for WA state:
    MF and ResidualV, any lease cash
    36mo 
    15K/mo and 
    12k/mo


    2015.5 V60 T5 Drive E FWD
    PLATINUM, BLIS, Technology packages


    Thank you so much

    .00013 and 54% for 36/15. $750 lease cash.

    Add 2% for 12K

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Could I get the details for a lease with 10k and 12k miles for a 2015.5 Premier AWD V60 wagon?

    Thanks, Nick
  • kyfdxkyfdx Posts: 120,318

    Could I get the details for a lease with 10k and 12k miles for a 2015.5 Premier AWD V60 wagon?

    Thanks, Nick

    36 months?

    .00013 MF and 58%/57% residual. $750 lease cash.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx said:
    Could I get the details for a lease with 10k and 12k miles for a 2015.5 Premier AWD V60 wagon?

    Thanks, Nick
    36 months? .00013 MF and 58%/57% residual. $750 lease cash.
    Thanks!
  • gusbufgusbuf Posts: 55
    I am interested to know if there are any number available to lease a 2015 v60 Cross Country? I am interested in Residual and MF for T5 AWD v60 Cross Country, 12k/36mo or 12k/39mo. I am in the Buffalo, NY area 14221. Thanks!
  • MichaellMichaell ColoradoPosts: 111,014
    gusbuf said:

    I am interested to know if there are any number available to lease a 2015 v60 Cross Country? I am interested in Residual and MF for T5 AWD v60 Cross Country, 12k/36mo or 12k/39mo. I am in the Buffalo, NY area 14221. Thanks!

    .00001 and 55% for 36/12. Subtract 2% for 39 months. $750 lease cash.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • stewvtstewvt Posts: 2
    Hi gang. Looking for the March lease details on a v60 fwd premier 2015 model 36 months with 10k miles a year. Thanks!
  • kyfdxkyfdx Posts: 120,318
    stewvt said:

    Hi gang. Looking for the March lease details on a v60 fwd premier 2015 model 36 months with 10k miles a year. Thanks!

    .00031 MF and 59% residual. $750 lease cash

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • stewvtstewvt Posts: 2
    Thanks kyfdx!
    kyfdx said:

    stewvt said:

    Hi gang. Looking for the March lease details on a v60 fwd premier 2015 model 36 months with 10k miles a year. Thanks!

    .00031 MF and 59% residual. $750 lease cash
  • deropusderopus Posts: 36
    Hi, would you provide RV, MF and lease cash for V60 Cross Country T5 and T5 Platinum, 12k/36m and 15k/36m. I am in So. Cal. Thanks!!!
  • kyfdxkyfdx Posts: 120,318
    deropus said:

    Hi, would you provide RV, MF and lease cash for V60 Cross Country T5 and T5 Platinum, 12k/36m and 15k/36m. I am in So. Cal. Thanks!!!


    .00001 MF and 55% (T5)/54% (Plat) residual for 36/15

    $750 lease cash. Add 2% for 12K/yr

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • deropusderopus Posts: 36
    Thanks!
  • Hello Kyfdx

    I've got a first quote from a dealer in So Cal for a V60 Cross Country T5 Premier with some options for $42'162, starting off an MSRP of 45'765, after allowance & wagon bonus and 'A Plan pricing' (which puts you at invoice price without having to negotiate)

    He's getting to $471 a month, including tax, with 2500 downpayment for a 36mo lease with 10k/yr

    I have asked him to break down the downpayment but wonder if he's marking me up on the MF?

    The close to 8% discount on the MSRP looks ok to me, so I would be inclined to follow more the MF route for a second round of talks.

    Please advise. Thanks!
  • On the above, trim is just T5...no Premier, my confusion. Rest is accurate. They did quote it though with options like Blis, metallic paint, etc...
  • kyfdxkyfdx Posts: 120,318
    chapulin1 said:

    On the above, trim is just T5...no Premier, my confusion. Rest is accurate. They did quote it though with options like Blis, metallic paint, etc...

    .00001 MF and 58% residual for 36/10. $750 lease cash.

    I think the CC only comes in Base and Platinum

    I get $435/mo.+tax, using that MSRP and selling price.. Assuming the $2500 covers everything else.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hi, may I please have the MF and RV and any incentives you are aware of for:
    2015.5 V60 Premier T5 Drive-E FWD...state of Georgia...term 36/12
    Thanks!
  • MichaellMichaell ColoradoPosts: 111,014

    Hi, may I please have the MF and RV and any incentives you are aware of for:
    2015.5 V60 Premier T5 Drive-E FWD...state of Georgia...term 36/12
    Thanks!

    .00031 and 58%. $750 lease cash.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Thanks for the quick reply. Dealer said the 39 month was "better"...can you also please tell me the 36/10, 39/10, 39/12?
  • MichaellMichaell ColoradoPosts: 111,014
    edited April 2015
    Thanks for the quick reply. Dealer said the 39 month was "better"...can you also please tell me the 36/10, 39/10, 39/12?

    Same MF subtract 1% for 39 months months. Add 1% for 10k

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Lease done! Here is what I got:
    2015.5 V60 Premier FWD T5 Drive-E, Convenience Pkg, 19" Sport Pkg, Sport Seats, BLIS, Heated Front Seats.
    MSRP $42,975
    Selling Price $39,574
    Down Payment $250
    39 months, 12,000 miles
    Monthly $519.97
    PLUS they gave me $2155.00 in a check to cover remaining lease payments on my current vehicle.
    Overall, I feel like I got a good/great deal considering the Selling Price minus the Check is a few hundred bucks cheaper than even the "outstanding" price TrueCar/PricePromise was telling me I could get.
  • MichaellMichaell ColoradoPosts: 111,014

    Lease done! Here is what I got:
    2015.5 V60 Premier FWD T5 Drive-E, Convenience Pkg, 19" Sport Pkg, Sport Seats, BLIS, Heated Front Seats.
    MSRP $42,975
    Selling Price $39,574
    Down Payment $250
    39 months, 12,000 miles
    Monthly $519.97
    PLUS they gave me $2155.00 in a check to cover remaining lease payments on my current vehicle.
    Overall, I feel like I got a good/great deal considering the Selling Price minus the Check is a few hundred bucks cheaper than even the "outstanding" price TrueCar/PricePromise was telling me I could get.

    Congrats! Enjoy the new Volvo

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • epyx1995epyx1995 Posts: 9
    Hello,
    Looking for May MF and residual for T5 FWD, premier. 36/12k.
    thank you,

  • kyfdxkyfdx Posts: 120,318
    epyx1995 said:

    Hello,
    Looking for May MF and residual for T5 FWD, premier. 36/12k.
    thank you,

    Sorry... we haven't got our hands on the Volvo numbers for May, yet.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • epyx1995epyx1995 Posts: 9
    No problem - for what it's worth to others, quoted 57% residual and .00045 today for 36/10k.  Seems in line with past months.  Not much movement from MSRP so I'm still working there.  Quoted on the t5 premier with sport seats and convenience group. 

    Anyone ever use the lease as a way to finance for the first three years and then buy on the back end (sort of a balloon payment).  It seems to work out to be less expensive than traditional financing. Am I missing something?

    thanks
  • adebhadebh Posts: 9
    edited July 2015
    Hi,

    Looking for July MF and residual for T5 FWD, premier. 39/12k. I am Hartford,CT

    Thanks
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