2015.5 Volvo S60 Lease question

Michaell

mszkoda said:

Does anyone have the June numbers for the 2015.5 S60? 12k/36 (or whatever month term is better), Northeast, T5 S60 AWD Premier Trim.

We haven't seen any Volvo numbers for a couple of months now....

mszkoda

Michaell said:

mszkoda said:

Does anyone have the June numbers for the 2015.5 S60? 12k/36 (or whatever month term is better), Northeast, T5 S60 AWD Premier Trim.

We haven't seen any Volvo numbers for a couple of months now....

Thanks!

I can at least give out what the dealer just sent me in terms of Money Factor, but I'm not sure they aren't inflated at 36 months at least since my dealer is very small and probably doesn't move a lot of volume:

For 36 months it is .000394
For 24 months it is .000010

Michaell

mszkoda said:

Michaell said:

mszkoda said:

Does anyone have the June numbers for the 2015.5 S60? 12k/36 (or whatever month term is better), Northeast, T5 S60 AWD Premier Trim.

We haven't seen any Volvo numbers for a couple of months now....

Thanks!

I can at least give out what the dealer just sent me in terms of Money Factor, but I'm not sure they aren't inflated at 36 months at least since my dealer is very small and probably doesn't move a lot of volume:

For 36 months it is .000394
For 24 months it is .000010

Could be inflated, but we have no way of knowing ...

psten37

Hello, if available, could you please provide July MF and Residual on 2015.5 / 2016 S60 AWD T5? 30 or 36 months with 10 or 12K/year.

Thank you.

Michaell

psten37 said:

Hello, if available, could you please provide July MF and Residual on 2015.5 / 2016 S60 AWD T5? 30 or 36 months with 10 or 12K/year. Thank you.

2015.5 - .00001 and $1250 lease cash. 56% or 52% for 30/12 and 36/12. Add 1% for 10k

2016 - .00001 and 61% for 30/12. .00023 and 56% for 36/12. Add 1% for 10k

flycat

Is this a good price? Thank you.

2015.5 S60 T5
Premier
Sport Wheels
Blis
Navigation
Front and rear park assist
Keyless drive

39 months 10k/yr
$955.00 Drive Off
$400/month includes tax

I'm in SC. tax is around 8%. Any one can post a price for similar lease?

kyfdx

flycat said:

Is this a good price? Thank you.

2015.5 S60 T5
Premier
Sport Wheels
Blis
Navigation
Front and rear park assist
Keyless drive

39 months 10k/yr
$955.00 Drive Off
$400/month includes tax

I'm in SC. tax is around 8%. Any one can post a price for similar lease?

Doesn't SC have a $300 cap on automobile sales tax? Maybe that's changed?

We need MSRP and selling price to assess your deal.

jfrancisny

Hello. I'm looking into leasing either an S60 R-design Platinum, or V60 R-design Platinum. Can you provide MF and Residual on both a 36/12 and 48/12 for both cars? Thank you very much for your help.

Michaell

jfrancisny said:

Hello. I'm looking into leasing either an S60 R-design Platinum, or V60 R-design Platinum. Can you provide MF and Residual on both a 36/12 and 48/12 for both cars? Thank you very much for your help.

2015.5 or 2016?

jfrancisny

Michaell said:

jfrancisny said:

Hello. I'm looking into leasing either an S60 R-design Platinum, or V60 R-design Platinum. Can you provide MF and Residual on both a 36/12 and 48/12 for both cars? Thank you very much for your help.

2015.5 or 2016?

I was under the impression that the 2015.5 was the only model out right now. If the 2016 is indeed available, I'd like the numbers on both, if that's ok.

Also, outside a few pics, I couldn't find any info regarding changes on the 2016 model, not even on Edmunds site. Any idea where I can find more details?

Michaell

jfrancisny said:

Hello. I'm looking into leasing either an S60 R-design Platinum, or V60 R-design Platinum. Can you provide MF and Residual on both a 36/12 and 48/12 for both cars? Thank you very much for your help.

I was under the impression that the 2015.5 was the only model out right now. If the 2016 is indeed available, I'd like the numbers on both, if that's ok.

2016 S60 - 56% and .00019

2016 V60 - 57% and .00090

2015.5 S60 - 53% and .00026. $1250 lease cash.

2015.5 V60 - 54% and .00065. $750 lease cash

gpb59

Hi, could you please provide July MF and Residual on 2015.5 S60 FWD , 36 mos with 10k miles per year, thanks

Michaell

gpb59 said:

Hi, could you please provide July MF and Residual on 2015.5 S60 FWD , 36 mos with 10k miles per year, thanks

T5 Drive-E 36/10:
Base - .00001 and 53%
Premier - .00001 and 55%
Platinum - .00001 and 54%

$1250 lease cash for all three.

flycat

The dealer does not tell me the MSRP. What I'm looking for is s60 primer+BLIS+Parking [non-permissible content removed]. My target price is 0 down, $350/m, 10K miles for 24/36 month lease.Not sure if I can get this.

kyfdx said:

flycat said:

Is this a good price? Thank you.

2015.5 S60 T5
Premier
Sport Wheels
Blis
Navigation
Front and rear park assist
Keyless drive

39 months 10k/yr
$955.00 Drive Off
$400/month includes tax

I'm in SC. tax is around 8%. Any one can post a price for similar lease?

Doesn't SC have a $300 cap on automobile sales tax? Maybe that's changed?

We need MSRP and selling price to assess your deal.

kyfdx

flycat said:

The dealer does not tell me the MSRP. What I'm looking for is s60 primer+BLIS+Parking [non-permissible content removed]. My target price is 0 down, $350/m, 10K miles for 24/36 month lease.Not sure if I can get this.

kyfdx said:

flycat said:

Is this a good price? Thank you.

2015.5 S60 T5
Premier
Sport Wheels
Blis
Navigation
Front and rear park assist
Keyless drive

39 months 10k/yr
$955.00 Drive Off
$400/month includes tax

I'm in SC. tax is around 8%. Any one can post a price for similar lease?

Doesn't SC have a $300 cap on automobile sales tax? Maybe that's changed?

We need MSRP and selling price to assess your deal.

If you don't have the MSRP, we can't help. Frankly, if you don't know the MSRP, then you don't know what you are getting. You are just taking the dealer's word for it.

flycat

Just got the quote:
2015 Volvo S60 2015.5 4dr Sdn T5 Drive-E Premier, FWD
(BLIS) PACKAGE: Front & Rear Park Assist, Blind Spot Information System, cross traffic alert (CTA) and lane change merge aid (LCMA), TEMPA SPARE (UNDER FLOOR SOLUTION), CASPIAN BLUE METALLIC, KEYLESS DRIVE, ACCESSORY PREP CABLE FOR REAR PARK CAMERA, SOFT BEIGE, LEATHER SEATING SURFACES.

MSRP: $40,215
Sale Price: $36,651
0 from you,
10k miles/yr
24 months $475 plus tax
36 months $375 plus tax （my tax is 8%, I think)

I'm eligible for loyalty program. What will be a reasonable price for the car?

kyfdx said:

flycat said:

The dealer does not tell me the MSRP. What I'm looking for is s60 primer+BLIS+Parking [non-permissible content removed]. My target price is 0 down, $350/m, 10K miles for 24/36 month lease.Not sure if I can get this.

kyfdx said:

flycat said:

Is this a good price? Thank you.

2015.5 S60 T5
Premier
Sport Wheels
Blis
Navigation
Front and rear park assist
Keyless drive

39 months 10k/yr
$955.00 Drive Off
$400/month includes tax

I'm in SC. tax is around 8%. Any one can post a price for similar lease?

Doesn't SC have a $300 cap on automobile sales tax? Maybe that's changed?

We need MSRP and selling price to assess your deal.

If you don't have the MSRP, we can't help. Frankly, if you don't know the MSRP, then you don't know what you are getting. You are just taking the dealer's word for it.

Michaell

flycat said:

Just got the quote:
2015 Volvo S60 2015.5 4dr Sdn T5 Drive-E Premier, FWD
(BLIS) PACKAGE: Front & Rear Park Assist, Blind Spot Information System, cross traffic alert (CTA) and lane change merge aid (LCMA), TEMPA SPARE (UNDER FLOOR SOLUTION), CASPIAN BLUE METALLIC, KEYLESS DRIVE, ACCESSORY PREP CABLE FOR REAR PARK CAMERA, SOFT BEIGE, LEATHER SEATING SURFACES.

MSRP: $40,215
Sale Price: $36,651
0 from you,
10k miles/yr
24 months $475 plus tax
36 months $375 plus tax （my tax is 8%, I think)

I'm eligible for loyalty program. What will be a reasonable price for the car?

kyfdx said:

flycat said:

The dealer does not tell me the MSRP. What I'm looking for is s60 primer+BLIS+Parking [non-permissible content removed]. My target price is 0 down, $350/m, 10K miles for 24/36 month lease.Not sure if I can get this.

kyfdx said:

flycat said:

Is this a good price? Thank you.

2015.5 S60 T5
Premier
Sport Wheels
Blis
Navigation
Front and rear park assist
Keyless drive

39 months 10k/yr
$955.00 Drive Off
$400/month includes tax

I'm in SC. tax is around 8%. Any one can post a price for similar lease?

Doesn't SC have a $300 cap on automobile sales tax? Maybe that's changed?

We need MSRP and selling price to assess your deal.

If you don't have the MSRP, we can't help. Frankly, if you don't know the MSRP, then you don't know what you are getting. You are just taking the dealer's word for it.

24/10 numbers are .00001 and 60%
36/10 numbers are .00001 and 55%

Using your MSRP and selling price, I get a 24 month payment of $564 (with tax) or a 36 month payment of $437.

Something seems off with the numbers from the dealer ... ask them for the net cap cost ...

neopho

jfrancisny said:

Michaell said:

jfrancisny said:

Hello. I'm looking into leasing either an S60 R-design Platinum, or V60 R-design Platinum. Can you provide MF and Residual on both a 36/12 and 48/12 for both cars? Thank you very much for your help.

2015.5 or 2016?

Also, outside a few pics, I couldn't find any info regarding changes on the 2016 model, not even on Edmunds site. Any idea where I can find more details?

I was at a Volvo dealership the other day and was told 2016 and 2015.5 S60 are basically the same except the wheel. Not sure how accurate the statement is, though.

neopho

Can you provide the MF and RV for 2015.5 / 2016 S60 T5 Drive-E Premier and Platinum, 10k per year, 24/30/36 months? I am in NJ. Thanks so much!

Michaell

neopho said:

Can you provide the MF and RV for 2015.5 / 2016 S60 T5 Drive-E Premier and Platinum, 10k per year, 24/30/36 months? I am in NJ. Thanks so much!

2015.5:
Premier - .00001 and 60% / 57% / 55%
Platinum - .00001 and 61% / 56% / 54%
$1250 lease cash

2016:
Premier - .00001 and 67% / 64% for 24/10 and 30/10. .00023 and 60% for 36/10.
No Platinum trim level for 2016

jginnyc

Deal done in Metro NY - Platinum 2015.5 S60, MSRP $43375
36 month lease
12k miles
Residual - .53
$ factor - .00001

$400 up front and $420 per month (taxes/fees included)
Sales price I figure is approx $36,000 or 83% of MSRP

Michaell

jginnyc said:

Deal done in Metro NY - Platinum 2015.5 S60, MSRP $43375 36 month lease 12k miles Residual - .53 $ factor - .00001 $400 up front and $420 per month (taxes/fees included) Sales price I figure is approx $36,000 or 83% of MSRP

Congrats! Enjoy your new Volvo. 

neopho

Michaell said:

neopho said:

Can you provide the MF and RV for 2015.5 / 2016 S60 T5 Drive-E Premier and Platinum, 10k per year, 24/30/36 months? I am in NJ. Thanks so much!

2015.5:
Premier - .00001 and 60% / 57% / 55%
Platinum - .00001 and 61% / 56% / 54%
$1250 lease cash

2016:
Premier - .00001 and 67% / 64% for 24/10 and 30/10. .00023 and 60% for 36/10.
No Platinum trim level for 2016

Thank you, Michael, for your information.

In addition, do you know whether Volvo usually chargess disposition fee? Or it's up to the dealer?

Michaell

neopho said:

Michaell said:

neopho said:

Can you provide the MF and RV for 2015.5 / 2016 S60 T5 Drive-E Premier and Platinum, 10k per year, 24/30/36 months? I am in NJ. Thanks so much!

2015.5:
Premier - .00001 and 60% / 57% / 55%
Platinum - .00001 and 61% / 56% / 54%
$1250 lease cash

2016:
Premier - .00001 and 67% / 64% for 24/10 and 30/10. .00023 and 60% for 36/10.
No Platinum trim level for 2016

Thank you, Michael, for your information.

In addition, do you know whether Volvo usually chargess disposition fee? Or it's up to the dealer?

The disposition fee, if any, is set by the bank and cannot be waived or altered by the dealer.

neopho

Thanks a lot! That is very helpful.

neopho

jginnyc said:

Deal done in Metro NY - Platinum 2015.5 S60, MSRP $43375
36 month lease
12k miles
Residual - .53
$ factor - .00001

$400 up front and $420 per month (taxes/fees included)
Sales price I figure is approx $36,000 or 83% of MSRP

Hi jginnyc,

Congrats!

Do you mind if I ask which dealer you used and whether you were eligible for the loyalty or conquest bonus? Also is this a T5 AWD or T5 Drive-E? Thanks!

jginnyc

neopho said:

jginnyc said:

Deal done in Metro NY - Platinum 2015.5 S60, MSRP $43375
36 month lease
12k miles
Residual - .53
$ factor - .00001

$400 up front and $420 per month (taxes/fees included)
Sales price I figure is approx $36,000 or 83% of MSRP

Hi jginnyc,

Congrats!

Do you mind if I ask which dealer you used and whether you were eligible for the loyalty or conquest bonus? Also is this a T5 AWD or T5 Drive-E? Thanks!

Its a T5 Drive-E. Prefer not to disclose dealer but I would say any Metro NY dealer should be comfortable matching this deal. I was eligible for loyalty. also depending upon your sales tax rate pricing could be slightly different.

neopho

Thanks!

neopho

Just received this offer (NJ)
2015.5 T5 Drive-E Premier w/ convenience and BLIS packages and heated seats
MSRP $41,025
Sales price $34,202
7% tax rate
Acquisition fee $995 :@
Doc fee $299
All fees and taxes rolled into the net cap
10k/36mo
Monthly payment $367
Up front payment $431 (DMV fees)
Will sign the lease and pick up the car tomorrow. Fingers crossed ....

speids8

Was this a demo or brand new Volvo? I am in WI and don't seem to be getting close to this kind of payment. Maybe I need to go to Chicago to try and negotiate.

speids8

I would like the lease info on a 2015.5 S60 Premier Edrive. I need 15K for 36 months unless there is a better way to get this done. There is limited access to this model here in the color and options I am looking for. Would it be better to go for the Platinum? I was trying to get the MSRP below $38K so my payment would be lower, but after reading your article "Four ways to spot a good lease" I may be over thinking it and need to find that sweet lease. Thanks for any and all help in advance. I really want my next car to be the S60 but would like to be around $400/mo (give or take) without having to put $3K down to get there.

neopho

It's a brand new car. At lease, that is what I was told. Will find out soon

speids8 said:

Was this a demo or brand new Volvo? I am in WI and don't seem to be getting close to this kind of payment. Maybe I need to go to Chicago to try and negotiate.

neopho

OK. Got the car. Luckily, everything is as promised, and here is the final break down
MSRP $41,025 (destination included)
Sales price $33,591 (destination included)
7% tax rate
Sales tax $863.93
Acquisition fee $995
Doc fee $299
All fees and taxes rolled into the gross cap: $36,092.63
10k/36mo
RV 55%
MF .00001
Monthly payment $367 (first month waived)
Up front payment $343.70 (DMV fees)
Thanks to everyone for the information you have shared. It has been a tremendous help for me.

At the end, I also want to ask a hypothetical question, how much am I over paying if I buy out at lease end, compared to I buy the car directly w/ cash, assuming all the numbers are the same?
If I pay with cash right now, what do I have to pay other than the sales price, the tax, and the DMV fees: 1.07 * sales price + $343.70 = $36,286.07?
And if I buy out at the end, other than the sales price and the tax, 1.07 * RV * MSRP = $24,143.21, do I need to pay the DMV fees again? Do I need to pay any other fee?
Thanks again!

neopho said:

Just received this offer (NJ)
2015.5 T5 Drive-E Premier w/ convenience and BLIS packages and heated seats
....

kyfdx

speids8 said:

I would like the lease info on a 2015.5 S60 Premier Edrive. I need 15K for 36 months unless there is a better way to get this done. There is limited access to this model here in the color and options I am looking for. Would it be better to go for the Platinum? I was trying to get the MSRP below $38K so my payment would be lower, but after reading your article "Four ways to spot a good lease" I may be over thinking it and need to find that sweet lease. Thanks for any and all help in advance. I really want my next car to be the S60 but would like to be around $400/mo (give or take) without having to put $3K down to get there.

.00001 MF and 52% residual. $1250 lease cash.

gpb59

can I get the August MF and Residual on 2015.5 S60 FWD , 36 mos with 10k miles per year, thank you

Michaell

gpb59 said:

can I get the August MF and Residual on 2015.5 S60 FWD , 36 mos with 10k miles per year, thank you

2015.5 S60 T5 Drive-E FWD Base - .00001 and 53%. $1250 lease cash.

gpb59

when you say there's 1250 lease cash, how do you figure that into the pmt? Do you deduct that from the negotiated selling price?

Michaell

gpb59 said:

when you say there's 1250 lease cash, how do you figure that into the pmt? Do you deduct that from the negotiated selling price?

You can either do that or use the $1250 to offset some of the up front costs of the lease (bank fee, first payment, etc.)

gpb59

this was an offer I got, sounds like he payment is too high, can someone tell me if the deal is right?
s60 is $420/month with Zero Drive Off Msrp$41355 sell price:$36500 plus an additional $1800 in rebates!

Michaell

gpb59 said:

this was an offer I got, sounds like he payment is too high, can someone tell me if the deal is right? s60 is $420/month with Zero Drive Off Msrp$41355 sell price:$36500 plus an additional $1800 in rebates!

 What lease term and how many miles per year? 

gpb59

Michaell said:

gpb59 said:

this was an offer I got, sounds like he payment is too high, can someone tell me if the deal is right?
s60 is $420/month with Zero Drive Off Msrp$41355 sell price:$36500 plus an additional $1800 in rebates!

 What lease term and how many miles per year? 

36 mos, 10k per year

kyfdx

gpb59 said:

Michaell said:

gpb59 said:

this was an offer I got, sounds like he payment is too high, can someone tell me if the deal is right?
s60 is $420/month with Zero Drive Off Msrp$41355 sell price:$36500 plus an additional $1800 in rebates!

 What lease term and how many miles per year? 

36 mos, 10k per year

T5 Drive E?
T5 AWD?
T6 Drive E?
R-Design AWD?

Since you have ZERO drive off, what you really need to know is the CAP cost. That's the selling price, plus all additions. Also, if that price includes tax, the state and tax rate.

caren1

can I get the August MF and Residual on 2015.5 S60 AWD Premier, 36 mos with 15k miles per year, thank you?

caren1

can I also get the August MF and Residual on 2016 S60 FWD Premier Drive-E, 36 mos with 15k miles per year, thank you?

gpb59

kyfdx said:

gpb59 said:

Michaell said:

gpb59 said:

this was an offer I got, sounds like he payment is too high, can someone tell me if the deal is right?
s60 is $420/month with Zero Drive Off Msrp$41355 sell price:$36500 plus an additional $1800 in rebates!

 What lease term and how many miles per year? 

36 mos, 10k per year

T5 Drive E?
T5 AWD?
T6 Drive E?
R-Design AWD?

Since you have ZERO drive off, what you really need to know is the CAP cost. That's the selling price, plus all additions. Also, if that price includes tax, the state and tax rate.

The selling price is the cap cost, for T5 Drive E, dealer states before rebates includes tax , not sure what that means. State is Nevada (8.75%). Dealer is in California

Michaell

caren1 said:

can I get the August MF and Residual on 2015.5 S60 AWD Premier, 36 mos with 15k miles per year, thank you?

.00001 and 52%. $1250 lease cash.

caren1 said:

can I also get the August MF and Residual on 2016 S60 FWD Premier Drive-E, 36 mos with 15k miles per year, thank you?

Also .00001 and 52%, with $1250 lease cash.

gpb59

can I get the Sep MF and Residual on 2015.5 S60 Premier, 36 mos with 10k miles per year, thank you? Also if there is a 30 month lease

kyfdx

gpb59 said:

can I get the Sep MF and Residual on 2015.5 S60 Premier, 36 mos with 10k miles per year, thank you? Also if there is a 30 month lease

Sorry, but we don't have any info on the 2015.5 model year, this month. Just 2016.

gpb59

ok, how bout for the 2016, thanks

kyfdx

gpb59 said:

can I get the Sep MF and Residual on 2016 S60 Premier, 36 mos with 10k miles per year, thank you? Also if there is a 30 month lease

2016 S60 T5 Drive-E Premier: .00001 MF and 58% residual. $1750 lease bonus