2016 Volvo V60 and V60 Cross Country Lease Questions

zigster38

Glad to see the Volvo numbers are back. The s60 and v60 are looking like good lease deals from the nationally advertised prices, which I'm sure I could beat .

What are they MF and residual and incentives for June for the s60 Premier and v60 Premier? Thank you!

zigster38

FWD, 36/12k and in Cali much appreciated.

coolbluesi

Hi, what are the numbers on a V60 T6 AWD R Design (not drive-e) this month in california, looking at 36/10K and 36/12K scenarios, thanks in advance.

Michaell

coolbluesi said:

Hi, what are the numbers on a V60 T6 AWD R Design (not drive-e) this month in california, looking at 36/10K and 36/12K scenarios, thanks in advance.

.00001 and 53% / 52%

$1833 summer sales bonus
$2000 Volvo allowance
$1000 lease bonus

zackslater

Hi,
i was quoted $389/mo for 39 mos for a 2016 v60 CC 12k/year. Approx $3500 out of pocket including tax. Dealer would not share MF or residual figures. I'm in NY. 

Car at has climate, convenience and 19" options, MSRP of $47,525. 

1- do you have MF & residual figures for this deal?
2- with all the money Volvo is throwing at this car, is this a good deal?
3- how do figures change for 15k/yr?

any assistance would be very much appreciated. 

Thx. 

kyfdx

zigster38 said:

Glad to see the Volvo numbers are back. The s60 and v60 are looking like good lease deals from the nationally advertised prices, which I'm sure I could beat .

What are they MF and residual and incentives for June for the s60 Premier and v60 Premier? Thank you!

zigster38 said:

FWD, 36/12k and in Cali much appreciated.

S60: .00001 MF and 49% residual.
$2491 Summer Sales bonus
$3300 Lease bonus

V60: .00001 MF and 53% residual
$1833 Summer Sales Bonus
$2000 Volvo allowance
$1000 Lease bonus

kyfdx

zackslater said:

Hi,
i was quoted $389/mo for 39 mos for a 2016 v60 CC 12k/year. Approx $3500 out of pocket including tax. Dealer would not share MF or residual figures. I'm in NY. 

Car at has climate, convenience and 19" options, MSRP of $47,525. 

1- do you have MF & residual figures for this deal?
2- with all the money Volvo is throwing at this car, is this a good deal?
3- how do figures change for 15k/yr?

any assistance would be very much appreciated. 

Thx. 

.00028 MF and 50% residual.
$1833 summer sales bonus
$2000 Volvo allowance
$1000 lease bonus

Subtract 2% for 15K/yr
Subtract 1% if Platinum trim.

Find out the adjusted CAP cost, and don't make deals until they are forthcoming with all of the numbers.

coolbluesi

Michaell said:

coolbluesi said:

Hi, what are the numbers on a V60 T6 AWD R Design (not drive-e) this month in california, looking at 36/10K and 36/12K scenarios, thanks in advance.

.00001 and 53% / 52%

$1833 summer sales bonus
$2000 Volvo allowance
$1000 lease bonus

Thank you!

Do you have numbers on the v60 polestar, same scenarios?

kyfdx

coolbluesi said:

Michaell said:

coolbluesi said:

Hi, what are the numbers on a V60 T6 AWD R Design (not drive-e) this month in california, looking at 36/10K and 36/12K scenarios, thanks in advance.

.00001 and 53% / 52%

$1833 summer sales bonus
$2000 Volvo allowance
$1000 lease bonus

Thank you!

Do you have numbers on the v60 polestar, same scenarios?

.00014 MF and 48%/47% residual
$3000 Volvo allowance
$1000 lease bonus

tedcars476

Glad Volvo numbers are back. Can I get the residual and MF, 36/12k for a V60 R-Design T6 Drive-E Platinum?

In Iowa.

Thanks!

Michaell

tedcars476 said:

Glad Volvo numbers are back. Can I get the residual and MF, 36/12k for a V60 R-Design T6 Drive-E Platinum?

In Iowa.

Thanks!

Wow - that is a mouthful. Good thing they don't try to put all of that on the rear of the car - I don't think it would fit.

The 36/12 numbers are .00015 and 52%

$1833 summer bonus
$2000 Volvo allowance
$1000 lease bonus

PokerOker

I'm new here... looking for 2016 v60 premier. incentives, Residual and Mf for 36 and 39 in florida. thanks in advance !!

kyfdx

PokerOker said:

I'm new here... looking for 2016 v60 premier. incentives, Residual and Mf for 36 and 39 in florida. thanks in advance !!

Assuming FWD?

.00001 MF and 51%/48% residual for 36/39 months, 15K/yr.

$1833 Summer Sales event bonus
$2000 Volvo allowance
$1000 lease bonus

deuce_fan

Can you please provide me the incentives MF and Residual for a 2016 V60 premier fwd with 36.12k in Oregon. Thank you!

Michaell

deuce_fan said:

Can you please provide me the incentives MF and Residual for a 2016 V60 premier fwd with 36.12k in Oregon. Thank you!

No July numbers available yet. Will be next week before we see them.

jrod13

Do we have july numbers 24/12 or 24/15 in NJ? thanks

Michaell

jrod13 said:

Do we have july numbers 24/12 or 24/15 in NJ? thanks

For which drive train and trim level?

There are 13 distinct options for the V60 and V60 CC.

dps06

Could you provide the lease rates and incentives for the V60 Polestar, V60 T-6 R-Design Platinum, and V60 T-5 Premier for 24 and 36 months and 12k miles per year?

Thanks.

Michaell

dps06 said:

Could you provide the lease rates and incentives for the V60 Polestar, V60 T-6 R-Design Platinum, and V60 T-5 Premier for 24 and 36 months and 12k miles per year?

Thanks.

24/12
Polestar - .00014 and 53% (24/12) or 46% (36/12)

T6 R-Design Platinum - 6-cylinder or Drive-E?
T5 Premier - FWD or AWD?

Polestar has $3000 Volvo Allowance and $1800 lease bonus.

dps06

T6- R-Design Platinum ( I would like to see both the 6-cylinder and Drive-E)
T5 Premier FWD

Thanks

kyfdx

dps06 said:

T6- R-Design Platinum ( I would like to see both the 6-cylinder and Drive-E)
T5 Premier FWD

Thanks

T6 - 6cyl
.00001 MF and 58%/51% residual
T-6- DriveE
.00001 MF and 57%/51% residual

T5 premier:
.00001 MF and 57%/51% residual

$1833 + $2000 + $1800 incentives on all.

sc0013z

Any lease numbers and incentives for V60 Cross Country T5 Platinum for 36/10? Thanks.

Michaell

sc0013z said:

Any lease numbers and incentives for V60 Cross Country T5 Platinum for 36/10? Thanks.

.00062 and 50%. $3500 Volvo allowance.

double_j

Hi, do you have the MF and residual for a 2016 T5 Platinum FWD? 36/10 or 24/10? Same for the Premier trim if it makes a difference.

Michaell

double_j said:

Hi, do you have the MF and residual for a 2016 T5 Platinum FWD? 36/10 or 24/10? Same for the Premier trim if it makes a difference.

.00069 and 57% (24/10) or 51% (36/10). $3500 Volvo allowance.

Both trims have the same numbers.

jkipster

Please provide the T5 and T6 numbers for November for a 36/12k lease. Thanks. 

Michaell

jkipster said:

Please provide the T5 and T6 numbers for November for a 36/12k lease. Thanks. 

What trim level? FWD or AWD?

11 different models to choose from.

jkipster

Michaell said:

Please provide the T5 and T6 numbers for November for a 36/12k lease. Thanks. 

What trim level? FWD or AWD? 11 different models to choose from.

T6 Drive-E R-Design Platinum AWD

kyfdx

jkipster said:

Michaell said:

Please provide the T5 and T6 numbers for November for a 36/12k lease. Thanks. 

What trim level? FWD or AWD?

11 different models to choose from.

T6 Drive-E R-Design Platinum AWD

.00050 MF and 45% residual.
$3500 Volvo Allowance
$450 Lease Bonus

jkipster

kyfdx said:

Michaell said:

Please provide the T5 and T6 numbers for November for a 36/12k lease. Thanks. 

What trim level? FWD or AWD? 11 different models to choose from.

T6 Drive-E R-Design Platinum AWD

.00050 MF and 45% residual. $3500 Volvo Allowance $450 Lease Bonus

Thank you. That's a ridiculous residual.

Do you have the 24 and 30 month residuals for the same car?

kyfdx

jkipster said:

kyfdx said:

jkipster said:

Michaell said:

Please provide the T5 and T6 numbers for November for a 36/12k lease. Thanks. 

What trim level? FWD or AWD?

11 different models to choose from.

T6 Drive-E R-Design Platinum AWD

.00050 MF and 45% residual.
$3500 Volvo Allowance
$450 Lease Bonus

Thank you. That's a ridiculous residual.

Do you have the 24 and 30 month residuals for the same car?

Add 6%/3% to 36 month residual for 24/30 months.

It's a top trim-line model, that's already a year old. I wouldn't expect great residuals.

nyccarguy

Here's one for you:

2016 Volvo V60 T6 R-Design AWD

BLIS
Metallic Paint
Polestar
Heated Front Seats
Destination

$50,265 MSRP

What is the residual value & money factor on a 36 month/15K per year lease?
Are there any better programs than 36 months? Any lease cash aside from the $1K Conquest Incentive & 1st 3 payments waved?

http://www.rileyvolvocarsstamford.com/new/Volvo/2016-Volvo-V60-stamford+ct-28a3a4a10a0e0a6b5e67fb3e6e710cf1.htm

Michaell

nyccarguy said:

Here's one for you:

2016 Volvo V60 T6 R-Design AWD

BLIS
Metallic Paint
Polestar
Heated Front Seats
Destination

$50,265 MSRP

What is the residual value & money factor on a 36 month/15K per year lease?
Are there any better programs than 36 months? Any lease cash aside from the $1K Conquest Incentive & 1st 3 payments waved?

http://www.rileyvolvocarsstamford.com/new/Volvo/2016-Volvo-V60-stamford+ct-28a3a4a10a0e0a6b5e67fb3e6e710cf1.htm

There are four different T6 AWD R-Design trims:

AWD R-Design (6-cyl)
AWD R-Design Drive-E
AWD R-Design Platinum (6-cyl)
AWD R-Design Platinum Drive-E

Plus a separate Polestar trim.

Looking at the link, it looks like an R-Design Drive-E - 36/15 numbers on this are .00050 and 44%

$3500 Volvo allowance and $450 lease bonus.

nyccarguy

Michaell said:

nyccarguy said:

Here's one for you:

2016 Volvo V60 T6 R-Design AWD

BLIS
Metallic Paint
Polestar
Heated Front Seats
Destination

$50,265 MSRP

What is the residual value & money factor on a 36 month/15K per year lease?
Are there any better programs than 36 months? Any lease cash aside from the $1K Conquest Incentive & 1st 3 payments waved?

http://www.rileyvolvocarsstamford.com/new/Volvo/2016-Volvo-V60-stamford+ct-28a3a4a10a0e0a6b5e67fb3e6e710cf1.htm

There are four different T6 AWD R-Design trims:

AWD R-Design (6-cyl)
AWD R-Design Drive-E
AWD R-Design Platinum (6-cyl)
AWD R-Design Platinum Drive-E

Plus a separate Polestar trim.

Looking at the link, it looks like an R-Design Drive-E - 36/15 numbers on this are .00050 and 44%

$3500 Volvo allowance and $450 lease bonus.

Yes it looks like an R Design E AWD

It says "Polestar" as a $1,290 option with an asterisk. Not sure what that means. Is it a Polestar? Is it not a Polestar?

I'd probably have to negotiate a very hefty discount off sticker to account for that 44 % residual. Even with close to $5K in incentives.

bcofbubba

Is this a good deal in CA?

2016 Fwd V60, with premier, climate, and convenience.

Msrp: $43,400
Cap Cost: $32K

12K/36 months: $3K down and $390/month

Thanks

kyfdx

bcofbubba said:

Is this a good deal in CA?

2016 Fwd V60, with premier, climate, and convenience.

Msrp: $43,400
Cap Cost: $32K

12K/36 months: $3K down and $390/month

Thanks

.00069 MF and 46% residual.
$3500 Volvo Allowance
$450 lease bonus

With that CAP, I get $370/mo.+tax, so pretty close.
Why put $3000 upfront?

bcofbubba

kyfdx said:

bcofbubba said:

Is this a good deal in CA?

2016 Fwd V60, with premier, climate, and convenience.

Msrp: $43,400
Cap Cost: $32K

12K/36 months: $3K down and $390/month

Thanks

.00069 MF and 46% residual.
$3500 Volvo Allowance
$450 lease bonus

With that CAP, I get $370/mo.+tax, so pretty close.
Why put $3000 upfront?

They are saying $3000 as drive off. Is that considered to be a down? If so, would I be able to get the same monthly with $0 drive off?

Thank you!

Michaell

bcofbubba said:

kyfdx said:

bcofbubba said:

Is this a good deal in CA?

2016 Fwd V60, with premier, climate, and convenience.

Msrp: $43,400
Cap Cost: $32K

12K/36 months: $3K down and $390/month

Thanks

.00069 MF and 46% residual.
$3500 Volvo Allowance
$450 lease bonus

With that CAP, I get $370/mo.+tax, so pretty close.
Why put $3000 upfront?

They are saying $3000 as drive off. Is that considered to be a down? If so, would I be able to get the same monthly with $0 drive off?

Thank you!

Ask the dealer what the $3000 covers. There is a difference between "down payment" and "drive off costs". Drive off includes first payment, acquisition fee, dealer fee, taxes on incentives and DMV costs.

kyfdx

bcofbubba said:

kyfdx said:

bcofbubba said:

Is this a good deal in CA?

2016 Fwd V60, with premier, climate, and convenience.

Msrp: $43,400
Cap Cost: $32K

12K/36 months: $3K down and $390/month

Thanks

.00069 MF and 46% residual.
$3500 Volvo Allowance
$450 lease bonus

With that CAP, I get $370/mo.+tax, so pretty close.
Why put $3000 upfront?

They are saying $3000 as drive off. Is that considered to be a down? If so, would I be able to get the same monthly with $0 drive off?

Thank you!

No, anything you don't pay upfront will be rolled into the lease payment. Just no point in putting money upfront on a monthly bill. You wouldn't give your landlord $3000 upfront to lower the rent by $250/mo. for the next year.

bcofbubba

kyfdx said:

bcofbubba said:

kyfdx said:

bcofbubba said:

Is this a good deal in CA?

2016 Fwd V60, with premier, climate, and convenience.

Msrp: $43,400
Cap Cost: $32K

12K/36 months: $3K down and $390/month

Thanks

.00069 MF and 46% residual.
$3500 Volvo Allowance
$450 lease bonus

With that CAP, I get $370/mo.+tax, so pretty close.
Why put $3000 upfront?

They are saying $3000 as drive off. Is that considered to be a down? If so, would I be able to get the same monthly with $0 drive off?

Thank you!

No, anything you don't pay upfront will be rolled into the lease payment. Just no point in putting money upfront on a monthly bill. You wouldn't give your landlord $3000 upfront to lower the rent by $250/mo. for the next year.

Makes sense. Sorry I am new to leasing so I don't understand what goes into the upfront cost. My guess is that you would only pay for the fees and other things in the beginning, correct? Or you should pay NOTHING at all in the beginning?

Thanks for the help.

nyccarguy

Try to roll as much as you can into the payment such as sales tax. Some people like to roll the acquisition fee (sometimes called a bank fee) into the payment as well.

Up Front Fees you should pay are:

First Month's Payment
Security Deposit
DMV Fees
Rebate Tax

Don't be sorry. Leasing isn't easy if you are new to it. Besides negotiating a discount off of MSRP, many dealers try to inflate the money factor (interest rate) for extra back end profit. Some luxury brands (BMW & MB) are even allowed to mark up the Acquisition Fee by $200 or $300 for extra profit. It is very easy for dealers to try to lure you into becoming a "payment buyer."

Good luck & let us know how it turns out!

kyfdx

bcofbubba said:

kyfdx said:

bcofbubba said:

kyfdx said:

bcofbubba said:

Is this a good deal in CA?

2016 Fwd V60, with premier, climate, and convenience.

Msrp: $43,400
Cap Cost: $32K

12K/36 months: $3K down and $390/month

Thanks

.00069 MF and 46% residual.
$3500 Volvo Allowance
$450 lease bonus

With that CAP, I get $370/mo.+tax, so pretty close.
Why put $3000 upfront?

They are saying $3000 as drive off. Is that considered to be a down? If so, would I be able to get the same monthly with $0 drive off?

Thank you!

No, anything you don't pay upfront will be rolled into the lease payment. Just no point in putting money upfront on a monthly bill. You wouldn't give your landlord $3000 upfront to lower the rent by $250/mo. for the next year.

Makes sense. Sorry I am new to leasing so I don't understand what goes into the upfront cost. My guess is that you would only pay for the fees and other things in the beginning, correct? Or you should pay NOTHING at all in the beginning?

Thanks for the help.

1st payment plus non-taxable fees. Roll everything else in.

bcofbubba

kyfdx said:

bcofbubba said:

kyfdx said:

bcofbubba said:

kyfdx said:

bcofbubba said:

Is this a good deal in CA?

2016 Fwd V60, with premier, climate, and convenience.

Msrp: $43,400
Cap Cost: $32K

12K/36 months: $3K down and $390/month

Thanks

.00069 MF and 46% residual.
$3500 Volvo Allowance
$450 lease bonus

With that CAP, I get $370/mo.+tax, so pretty close.
Why put $3000 upfront?

They are saying $3000 as drive off. Is that considered to be a down? If so, would I be able to get the same monthly with $0 drive off?

Thank you!

No, anything you don't pay upfront will be rolled into the lease payment. Just no point in putting money upfront on a monthly bill. You wouldn't give your landlord $3000 upfront to lower the rent by $250/mo. for the next year.

Makes sense. Sorry I am new to leasing so I don't understand what goes into the upfront cost. My guess is that you would only pay for the fees and other things in the beginning, correct? Or you should pay NOTHING at all in the beginning?

Thanks for the help.

1st payment plus non-taxable fees. Roll everything else in.

This is what they said the $3000 covers.

-COVER CAP REDUCTION , TAXS, LIC, DOC FEE, ACQUISTION FEE

Is the correct or should be reduced?

Michaell

bcofbubba said:

kyfdx said:

bcofbubba said:

kyfdx said:

bcofbubba said:

kyfdx said:

bcofbubba said:

Is this a good deal in CA?

2016 Fwd V60, with premier, climate, and convenience.

Msrp: $43,400
Cap Cost: $32K

12K/36 months: $3K down and $390/month

Thanks

.00069 MF and 46% residual.
$3500 Volvo Allowance
$450 lease bonus

With that CAP, I get $370/mo.+tax, so pretty close.
Why put $3000 upfront?

They are saying $3000 as drive off. Is that considered to be a down? If so, would I be able to get the same monthly with $0 drive off?

Thank you!

No, anything you don't pay upfront will be rolled into the lease payment. Just no point in putting money upfront on a monthly bill. You wouldn't give your landlord $3000 upfront to lower the rent by $250/mo. for the next year.

Makes sense. Sorry I am new to leasing so I don't understand what goes into the upfront cost. My guess is that you would only pay for the fees and other things in the beginning, correct? Or you should pay NOTHING at all in the beginning?

Thanks for the help.

1st payment plus non-taxable fees. Roll everything else in.

This is what they said the $3000 covers.

-COVER CAP REDUCTION , TAXS, LIC, DOC FEE, ACQUISTION FEE

Is the correct or should be reduced?

Find out how much cap reduction. We recommend against it.

kkleen77

Hi, i am looking for the MF and residual on a 2017 Volvo V60 and V60 CC on a 36 month lease at 10K per year

Michaell

kkleen77 said:

Hi, i am looking for the MF and residual on a 2017 Volvo V60 and V60 CC on a 36 month lease at 10K per year

The 2017 V60 lease discussion is here:

https://forums.edmunds.com/discussion/43095/volvo/v60/2017-volvo-v60-lease-questions#latest