-July 2024 Special Lease Deals-

2024 Chevy Blazer EV lease from Bayway Auto Group Click here

2024 Jeep Grand Cherokee lease from Mark Dodge Click here

2025 Ram 1500 Factory Order Discounts from Mark Dodge Click here
Options

2016 Volvo V60 and V60 Cross Country Lease Questions

2»

Comments

  • Options
    zigster38zigster38 Member Posts: 117
    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!
  • Options
    zigster38zigster38 Member Posts: 117
    FWD, 36/12k and in Cali much appreciated.
  • Options
    coolbluesicoolbluesi Member Posts: 78
    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.
  • Options
    MichaellMichaell Moderator Posts: 245,180

    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

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    zackslaterzackslater Member Posts: 1
    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. 
  • Options
    kyfdxkyfdx Moderator Posts: 243,462
    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

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Options
    kyfdxkyfdx Moderator Posts: 243,462

    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.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Options
    coolbluesicoolbluesi Member Posts: 78
    Michaell 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?
  • Options
    kyfdxkyfdx Moderator Posts: 243,462

    Michaell 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

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Options
    tedcars476tedcars476 Member Posts: 102
    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!
  • Options
    MichaellMichaell Moderator Posts: 245,180

    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. :sunglasses:

    The 36/12 numbers are .00015 and 52%

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

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    PokerOkerPokerOker Member Posts: 1
    I'm new here... looking for 2016 v60 premier. incentives, Residual and Mf for 36 and 39 in florida. thanks in advance !!
  • Options
    kyfdxkyfdx Moderator Posts: 243,462
    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

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Options
    deuce_fandeuce_fan Member Posts: 3
    edited July 2016
    Can you please provide me the incentives MF and Residual for a 2016 V60 premier fwd with 36.12k in Oregon. Thank you!
  • Options
    MichaellMichaell Moderator Posts: 245,180
    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.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    jrod13jrod13 Member Posts: 38
    Do we have july numbers 24/12 or 24/15 in NJ? thanks
  • Options
    MichaellMichaell Moderator Posts: 245,180
    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.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    dps06dps06 Member Posts: 89
    edited July 2016
    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.
  • Options
    MichaellMichaell Moderator Posts: 245,180
    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.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    dps06dps06 Member Posts: 89
    edited July 2016
    T6- R-Design Platinum ( I would like to see both the 6-cylinder and Drive-E)
    T5 Premier FWD

    Thanks
  • Options
    kyfdxkyfdx Moderator Posts: 243,462
    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.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Options
    sc0013zsc0013z Member Posts: 18
    Any lease numbers and incentives for V60 Cross Country T5 Platinum for 36/10? Thanks.
  • Options
    MichaellMichaell Moderator Posts: 245,180
    sc0013z said:

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

    .00062 and 50%. $3500 Volvo allowance.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    double_jdouble_j Member Posts: 10
    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.
  • Options
    MichaellMichaell Moderator Posts: 245,180
    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.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    jkipsterjkipster Member Posts: 272
    Please provide the T5 and T6 numbers for November for a 36/12k lease. Thanks. 
    2001 Passat
    2010 G37S Sedan
    2013 G37xS Sedan
    2014 QX60
    2015 Q40
    2016 QX60
    2016 E350 Sedan
    2017 QX60
    2019 E450 Wagon
    2021 Sienna XSE AWD
    2022 Lexus RX350
    2022 Chrysler Pacifica Hybrid Limited
    2023 Nissan Pathfinder Platinum 4WD
  • Options
    MichaellMichaell Moderator Posts: 245,180
    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.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    jkipsterjkipster Member Posts: 272
    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
    2001 Passat
    2010 G37S Sedan
    2013 G37xS Sedan
    2014 QX60
    2015 Q40
    2016 QX60
    2016 E350 Sedan
    2017 QX60
    2019 E450 Wagon
    2021 Sienna XSE AWD
    2022 Lexus RX350
    2022 Chrysler Pacifica Hybrid Limited
    2023 Nissan Pathfinder Platinum 4WD
  • Options
    kyfdxkyfdx Moderator Posts: 243,462
    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

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Options
    jkipsterjkipster Member Posts: 272
    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?
    2001 Passat
    2010 G37S Sedan
    2013 G37xS Sedan
    2014 QX60
    2015 Q40
    2016 QX60
    2016 E350 Sedan
    2017 QX60
    2019 E450 Wagon
    2021 Sienna XSE AWD
    2022 Lexus RX350
    2022 Chrysler Pacifica Hybrid Limited
    2023 Nissan Pathfinder Platinum 4WD
  • Options
    kyfdxkyfdx Moderator Posts: 243,462
    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.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Options
    nyccarguynyccarguy Member Posts: 16,623
    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

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD

  • Options
    MichaellMichaell Moderator Posts: 245,180
    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.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    nyccarguynyccarguy Member Posts: 16,623
    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.

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD

  • Options
    bcofbubbabcofbubba Member Posts: 14
    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
  • Options
    kyfdxkyfdx Moderator Posts: 243,462
    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?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Options
    bcofbubbabcofbubba Member Posts: 14
    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!
  • Options
    MichaellMichaell Moderator Posts: 245,180
    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.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    kyfdxkyfdx Moderator Posts: 243,462
    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.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Options
    bcofbubbabcofbubba Member Posts: 14
    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.
  • Options
    nyccarguynyccarguy Member Posts: 16,623
    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!

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD

  • Options
    kyfdxkyfdx Moderator Posts: 243,462
    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.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Options
    bcofbubbabcofbubba Member Posts: 14
    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?
  • Options
    MichaellMichaell Moderator Posts: 245,180
    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.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    kkleen77kkleen77 Member Posts: 11
    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
  • Options
    MichaellMichaell Moderator Posts: 245,180
    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

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

Sign In or Register to comment.