2017 Volvo S60 Lease Deals and Prices

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  • MichaellMichaell Moderator Posts: 254,064
    vadimr1 said:

    Michaell said:

    vadimr1 said:

    kyfdx said:

    vadimr1 said:

    Could you please post the MF/RV for 2017 S60 T5 for 24/10,000? Thank you.

    Dynamic, Inscription or Inscription Platinum?
    FWD or AWD?
    Can you do on all? AWD and FWD? As well all 3 trims? Trying to figure out what would be the best deal and which configuration.
    .00001 and 54% - Dyn, Dyn AWD, Insc
    .00003 and 54% - Insc AWD
    .00001 and 52% - Insc Plat
    .00003 and 52% - Insc Plat AWD

    $1500 Volvo allowance for all
    $2750 lease bonus for Dyn
    $4050 lease bonus for the rest
    Thank you so much, could you also share the MF and residual for 36/10?
    Same MF and incentives.

    36/10 residuals:

    49% - Dyn, Dyn AWD, Insc
    50% - Insc AWD
    48% - Insc Plat, Insc Plat AWD

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  • vadimr1vadimr1 Member Posts: 15
    Thank you for that info. Could you confirm that the incentives are valid for NJ? A dealer says that it's $3300 for inscription instead of $4050.
  • MichaellMichaell Moderator Posts: 254,064
    vadimr1 said:

    Thank you for that info. Could you confirm that the incentives are valid for NJ? A dealer says that it's $3300 for inscription instead of $4050.

    There may be regional differences for the incentives; but we don't have the documentation for all regions.

    Confirm with a couple different Volvo dealers to see if the 1st dealer is giving you the straight scoop.

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  • nsolisnsolis Member Posts: 17
    New offer on table, 2017 S60 AWD Inscription - Convenience Package, Blind Spot, Spare, Heated Seats, etc. Sticker $43,205.

    36 month lease, 15K miles per year. Massachusetts dealer.

    Offer:
    MF for Tier 1 credit = .00027
    Residual: 47%
    Sale price: First offer to me from them was $35,995 with absolutely no negotiation..
    Volvo Owner Rebate of $500.
    No money down.
    They calculated the monthly payment to be $476.07 + $29.75 (tax) = $505.82 month, but all of my calculations have it coming out far less; they must have a baked in the dealer acquisition fee, etc. on the back end and didn't show it on the up front paper work.

    Thinking of going back at $34,000, but do the Residual and MF sound about right? Thought the MF seemed a bit high. Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 255,814
    nsolis said:

    New offer on table, 2017 S60 AWD Inscription - Convenience Package, Blind Spot, Spare, Heated Seats, etc. Sticker $43,205.

    36 month lease, 15K miles per year. Massachusetts dealer.

    Offer:
    MF for Tier 1 credit = .00027
    Residual: 47%
    Sale price: First offer to me from them was $35,995 with absolutely no negotiation..
    Volvo Owner Rebate of $500.
    No money down.
    They calculated the monthly payment to be $476.07 + $29.75 (tax) = $505.82 month, but all of my calculations have it coming out far less; they must have a baked in the dealer acquisition fee, etc. on the back end and didn't show it on the up front paper work.

    Thinking of going back at $34,000, but do the Residual and MF sound about right? Thought the MF seemed a bit high. Thanks in advance.

    .00003 MF and 47% residual

    Using .00027, I get $451/mo.+tax.

    Looks like they are adding about $975 to the price, besides the markup

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  • jmangajmanga Member Posts: 15
    vadimr1 said:

    Thank you for that info. Could you confirm that the incentives are valid for NJ? A dealer says that it's $3300 for inscription instead of $4050.

    I believe that is correct, dealer in Brooklyn told me the same thing and it also shows on the lease estimator on the volvo site
  • jmangajmanga Member Posts: 15
    Just made a deal in NYC
    S60 Inscription FWD
    MSRP 39970
    7.5 k miles per year
    36 months
    500 loyalty rebate
    total drive off 2100
    375 per month including tax
    seemed like a fair deal, There weren't a ton of FWD inscriptions around with my color choice so i jumped on this one.
    I don't know the exact selling price but i believe it was around 37500 minus the rebates for a cap cost around 32300. They didn't break anything down so i am not sure


  • nsolisnsolis Member Posts: 17
    kyfdx said:

    nsolis said:

    New offer on table, 2017 S60 AWD Inscription - Convenience Package, Blind Spot, Spare, Heated Seats, etc. Sticker $43,205.

    36 month lease, 15K miles per year. Massachusetts dealer.

    Offer:
    MF for Tier 1 credit = .00027
    Residual: 47%
    Sale price: First offer to me from them was $35,995 with absolutely no negotiation..
    Volvo Owner Rebate of $500.
    No money down.
    They calculated the monthly payment to be $476.07 + $29.75 (tax) = $505.82 month, but all of my calculations have it coming out far less; they must have a baked in the dealer acquisition fee, etc. on the back end and didn't show it on the up front paper work.

    Thinking of going back at $34,000, but do the Residual and MF sound about right? Thought the MF seemed a bit high. Thanks in advance.

    .00003 MF and 47% residual

    Using .00027, I get $451/mo.+tax.

    Looks like they are adding about $975 to the price, besides the markup
    Do I challenge them on the MF or is that determined by dealer? Seems .00003 is standard across Volvo but they are saying .00027 is their best.
  • MichaellMichaell Moderator Posts: 254,064
    jmanga said:

    Just made a deal in NYC
    S60 Inscription FWD
    MSRP 39970
    7.5 k miles per year
    36 months
    500 loyalty rebate
    total drive off 2100
    375 per month including tax
    seemed like a fair deal, There weren't a ton of FWD inscriptions around with my color choice so i jumped on this one.
    I don't know the exact selling price but i believe it was around 37500 minus the rebates for a cap cost around 32300. They didn't break anything down so i am not sure

    Congrats!

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  • MichaellMichaell Moderator Posts: 254,064
    nsolis said:

    kyfdx said:

    nsolis said:

    New offer on table, 2017 S60 AWD Inscription - Convenience Package, Blind Spot, Spare, Heated Seats, etc. Sticker $43,205.

    36 month lease, 15K miles per year. Massachusetts dealer.

    Offer:
    MF for Tier 1 credit = .00027
    Residual: 47%
    Sale price: First offer to me from them was $35,995 with absolutely no negotiation..
    Volvo Owner Rebate of $500.
    No money down.
    They calculated the monthly payment to be $476.07 + $29.75 (tax) = $505.82 month, but all of my calculations have it coming out far less; they must have a baked in the dealer acquisition fee, etc. on the back end and didn't show it on the up front paper work.

    Thinking of going back at $34,000, but do the Residual and MF sound about right? Thought the MF seemed a bit high. Thanks in advance.

    .00003 MF and 47% residual

    Using .00027, I get $451/mo.+tax.

    Looks like they are adding about $975 to the price, besides the markup
    Do I challenge them on the MF or is that determined by dealer? Seems .00003 is standard across Volvo but they are saying .00027 is their best.
    It's determined by the dealer in so far as they determine to mark it up from the base rate set by the bank.

    Politely tell them you won't sign a deal where the MF is inflated. And, start shopping other Volvo dealers.

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  • vadimr1vadimr1 Member Posts: 15
    Michaell,

    I am noticing bunch of dealers still have 2016 and 2015.5 in stock. Do they still have any incentives? If so, could you share?
  • kyfdxkyfdx Moderator Posts: 255,814
    vadimr1 said:

    Michaell,

    I am noticing bunch of dealers still have 2016 and 2015.5 in stock. Do they still have any incentives? If so, could you share?

    No lease programs on those models.

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  • vadimr1vadimr1 Member Posts: 15
    Any changes for July?
  • kyfdxkyfdx Moderator Posts: 255,814
    vadimr1 said:

    Any changes for July?

    Probably.. What trim, term and mileage?

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  • vadimr1vadimr1 Member Posts: 15
    17 Inscription FWD&AWD, Inscription Platinum - 24/10 & 36/10.

    Thank you.
  • kyfdxkyfdx Moderator Posts: 255,814
    vadimr1 said:

    17 Inscription FWD&AWD, Inscription Platinum - 24/10 & 36/10.

    Thank you.

    .00001 MF
    $1500 Volvo Allowance
    $4900 Lease Bonus

    36/10 residual are 45%/46%/44%, respectively
    Add 7% for 24/10 residuals

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  • solomongrundysolomongrundy Member Posts: 21
    edited July 2017
    Could I see the RV and MF for a 17 dynamic FWD? 36/10 and 24/10. Also, same numbers for a 17 T6 R Design AWD, seeing a few of them lying around and curious what the rates look like. Thank you!
  • ashleigh919ashleigh919 Member Posts: 79
    nsolis said:
    New offer on table, 2017 S60 AWD Inscription - Convenience Package, Blind Spot, Spare, Heated Seats, etc. Sticker $43,205. 36 month lease, 15K miles per year. Massachusetts dealer. Offer: MF for Tier 1 credit = .00027 Residual: 47% Sale price: First offer to me from them was $35,995 with absolutely no negotiation.. Volvo Owner Rebate of $500. No money down. They calculated the monthly payment to be $476.07 + $29.75 (tax) = $505.82 month, but all of my calculations have it coming out far less; they must have a baked in the dealer acquisition fee, etc. on the back end and didn't show it on the up front paper work. Thinking of going back at $34,000, but do the Residual and MF sound about right? Thought the MF seemed a bit high. Thanks in advance.
    .00003 MF and 47% residual Using .00027, I get $451/mo.+tax. Looks like they are adding about $975 to the price, besides the markup
    Do I challenge them on the MF or is that determined by dealer? Seems .00003 is standard across Volvo but they are saying .00027 is their best.
    Hi, I know it's a few weeks later, but I was curious what prices were like since I was shopping at this time last year and ended up with an early 2017.

    Did the price you were given include the excise tax? When I lived in MA, the lease I had (different make) baked the excise tax into my lease, so my payment was a good $35 a month higher. Since it's based on the value of the car, and my car was "only" $36,000-ish then, a car with an MSRP of $7,000 more can easily add a good $10-$15 more per month, plus the rates are determined by city and town. That's my two cents; hope it provided some insight!
  • MichaellMichaell Moderator Posts: 254,064

    Could I see the RV and MF for a 17 dynamic FWD? 36/10 and 24/10. Also, same numbers for a 17 T6 R Design AWD, seeing a few of them lying around and curious what the rates look like. Thank you!

    T5 Dynamic FWD - .00001 and 45% / 53%. $5000 total incentives
    T6 R-Design AWD - .00006 and 45% / 51%. $6400 total incentives

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  • tmk4297tmk4297 Member Posts: 16
    Can you tell me MF & RV on 2017 S60 inscription AWD ?
    Thx forgot zip 14223
  • kyfdxkyfdx Moderator Posts: 255,814
    tmk4297 said:

    Can you tell me MF & RV on 2017 S60 inscription AWD ?
    Thx forgot zip 14223

    .00001 MF and 43% residual for 36/15.
    $1500 Volvo Allowance
    $4900 Lease Bonus

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  • tmk4297tmk4297 Member Posts: 16
    36 months 10k?
  • MichaellMichaell Moderator Posts: 254,064
    tmk4297 said:

    36 months 10k?

    46% residual

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  • mario707mario707 Member Posts: 5
    What is the mf and residual in so Florida on an 2017 s60 inscription on a 36mo 7.5 k lease? I got a $42850 msrp for $355 paying only  $355 at closing (07-01) and hoping to use the numbers to leverage another deal on an xc60. 
  • kyfdxkyfdx Moderator Posts: 255,814
    mario707 said:

    What is the mf and residual in so Florida on an 2017 s60 inscription on a 36mo 7.5 k lease? I got a $42850 msrp for $355 paying only  $355 at closing (07-01) and hoping to use the numbers to leverage another deal on an xc60. 

    FWD?

    .00001 MF and 46% residual
    $1500 Volvo Allowance
    $5900 Lease Bonus

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  • solomongrundysolomongrundy Member Posts: 21
    Any info on '18 dynamics? 36/12k, 32308. 
  • MichaellMichaell Moderator Posts: 254,064

    Any info on '18 dynamics? 36/12k, 32308. 

    Just created a 2018 S60 lease thread, here:

    https://forums.edmunds.com/discussion/46586/volvo/s60/2018-volvo-s60-lease-questions/p1?new=1

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  • cheongocheongo Member Posts: 5
    Hi Michael, can you share rv/mf/any incentives for s60 fwd dynamic, 36mos/7.5k for zip 60601? Thank you!
  • cheongocheongo Member Posts: 5
    Just got an offer from the dealer. Can you review if this is correct? Message from dealer below. I get $350 per month with $1,659 for drive-off.

    ------------------------------------------------------------------------------------------------------------------------------------

    MSRP $37,990
    Savings $ 10,009.00
    Net Price $27,981.00

    $0 Down at 36 months you are at $439 a month.
    7,500 miles a year.

    Residual is $17,475.

    Manufacturer rebate is $5,000
    Dealer Discount $5,009.00

    You get taxed on the whole thing. So, yes the rebate.


    Money Factor 00001

    Doc Fee $172.15
    License/Title $196.00
    Acquisition fee $995
  • MichaellMichaell Moderator Posts: 254,064
    cheongo said:

    Hi Michael, can you share rv/mf/any incentives for s60 fwd dynamic, 36mos/7.5k for zip 60601? Thank you!

    .00001 and 46%

    $5000 total incentives

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  • MichaellMichaell Moderator Posts: 254,064
    cheongo said:

    Just got an offer from the dealer. Can you review if this is correct? Message from dealer below. I get $350 per month with $1,659 for drive-off.

    ------------------------------------------------------------------------------------------------------------------------------------

    MSRP $37,990
    Savings $ 10,009.00
    Net Price $27,981.00

    $0 Down at 36 months you are at $439 a month.
    7,500 miles a year.

    Residual is $17,475.

    Manufacturer rebate is $5,000
    Dealer Discount $5,009.00

    You get taxed on the whole thing. So, yes the rebate.


    Money Factor 00001

    Doc Fee $172.15
    License/Title $196.00
    Acquisition fee $995

    What state is this?

    With the prices you've shared, I get $270/mo, plus tax.

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  • cheongocheongo Member Posts: 5
    Illinois (Code 60601). Tax is 9.25% if I am not mistaken. Do I get taxed on the entire $10,009 savings below?

    MSRP: $37,990
    Dealer contribution: $5,009 (It's a loaner, so I think I can do more negotiation here).
    Manufacturer rebate: $5,000
    Term: 36 months
    Money factor: .00001
    Residual: 46%
    Doc Fee $172.15
    License/Title $196.00
    Acquisition fee $995

    What would be the after-tax monthly total? What would be due at signing?

    Thank you, sir! Appeciate it!
  • MichaellMichaell Moderator Posts: 254,064
    cheongo said:

    Illinois (Code 60601). Tax is 9.25% if I am not mistaken. Do I get taxed on the entire $10,009 savings below?

    MSRP: $37,990
    Dealer contribution: $5,009 (It's a loaner, so I think I can do more negotiation here).
    Manufacturer rebate: $5,000
    Term: 36 months
    Money factor: .00001
    Residual: 46%
    Doc Fee $172.15
    License/Title $196.00
    Acquisition fee $995

    What would be the after-tax monthly total? What would be due at signing?

    Thank you, sir! Appeciate it!

    Oh, dear - City of Chicago.

    You'll be paying two levels of sales tax. IL taxes the sum of the payments, and collects the money up front. You can pay that amount when you sign the paperwork, or roll it into the cap cost and pay it monthly. With the MF being practically 0, I would recommend the second option.

    Then, Chicago will tax the payment each month. No way to pre-pay that amount, it's added to the monthly payment.

    Total tax rate is something like 17%. Ouch.

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  • cheongocheongo Member Posts: 5
    Really, 17%??????? I searched web and it only shows 9.5% for cook county resident. Didn't know City of Chicago also tax the payments... So, roughly $270 plus 17% tax? Does this include other charges rolled over, e.g., doc fee, registration, and acquisition fee?
  • MichaellMichaell Moderator Posts: 254,064
    cheongo said:

    Really, 17%??????? I searched web and it only shows 9.5% for cook county resident. Didn't know City of Chicago also tax the payments... So, roughly $270 plus 17% tax? Does this include other charges rolled over, e.g., doc fee, registration, and acquisition fee?

    Anything added to the cap cost is subject to sales tax...

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  • solomongrundysolomongrundy Member Posts: 21
    Anything for August yet?
  • kyfdxkyfdx Moderator Posts: 255,814

    Anything for August yet?

    Sure.. what trim, term and mileage?

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  • tmk4297tmk4297 Member Posts: 16
    What is August RV & MF for 36/10k lease for 2017 S60 Inscription AWD & S60 Inscription AWD Platinum in 14223?
    Thanks
  • MichaellMichaell Moderator Posts: 254,064
    tmk4297 said:

    What is August RV & MF for 36/10k lease for 2017 S60 Inscription AWD & S60 Inscription AWD Platinum in 14223?
    Thanks

    .00001 and 46% (Insc) or 44% (Insc Plat).
    $7900 total incentives on both

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  • ttwashingtonttwashington Member Posts: 11
    What is August RV,MF and incentives for s60 inscription (AWD and FWD) for 98004? Thanks!
  • MichaellMichaell Moderator Posts: 254,064

    What is August RV,MF and incentives for s60 inscription (AWD and FWD) for 98004? Thanks!

    What lease term and how many miles per year?

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  • ttwashingtonttwashington Member Posts: 11
    Michaell said:

    What is August RV,MF and incentives for s60 inscription (AWD and FWD) for 98004? Thanks!

    What lease term and how many miles per year?
    Sorry I left that out, wanted to compare 36/10 vs 36/15. Thanks!
  • kyfdxkyfdx Moderator Posts: 255,814

    Michaell said:

    What is August RV,MF and incentives for s60 inscription (AWD and FWD) for 98004? Thanks!

    What lease term and how many miles per year?
    Sorry I left that out, wanted to compare 36/10 vs 36/15. Thanks!
    36/15. Add 3% for 36/10

    FWD: .00001 MF and 42% residual
    AWD: .00001 MF and 43% residual

    $1500 Volvo Allowance
    $6400 Lease Bonus

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  • cheapdad0000cheapdad0000 Member Posts: 173
    edited August 2017
    What are MF and RV on S60 Cross Country, 36/12 in 27519?  Both FWD and AWD
  • MichaellMichaell Moderator Posts: 254,064

    What are MF and RV on S60 Cross Country, 36/12 in 27519?  Both FWD and AWD

    .00001 and 46%

    $6200 total incentives

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  • stlvdubstlvdub Member Posts: 69
    Looking for MF/RV for the Dynamic model, 36/15. Is it the same lease cash as Inscription or less?
  • MichaellMichaell Moderator Posts: 254,064
    stlvdub said:

    Looking for MF/RV for the Dynamic model, 36/15. Is it the same lease cash as Inscription or less?

    FWD or AWD?

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  • stlvdubstlvdub Member Posts: 69
    Oh, I guess both. Seems the dealer near me only has AWD models, but if they're different I'd love to know both. Thanks!
  • MichaellMichaell Moderator Posts: 254,064
    Michaell said:

    stlvdub said:

    Looking for MF/RV for the Dynamic model, 36/15. Is it the same lease cash as Inscription or less?

    FWD or AWD?
    stlvdub said:

    Oh, I guess both. Seems the dealer near me only has AWD models, but if they're different I'd love to know both. Thanks!

    Whoops - they are both the same.

    42% and .00001. $6500 total incentives

    Inscription has $7900 total incentives

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  • morgansrunmorgansrun Member Posts: 3
    Could you please advise on what you think my payment should be? I think there's $1,900 left on the hood, the Acq Fee is marked up $300 and RV should be .00001. I'm looking for 36/10.

    Oh, this is an S60 Inscription FWD Platinum.



    Thanks again...
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