2017 Volvo S60 Lease Deals and Prices

loncherie99

Hello all!!

I'm thinking about purchasing the 2017 Volvo S60, inscription FWD. The msrp is about $40k, and the salesperson keeps promising me a good monthly payment. What's a good monthly payment?? Ps. This is a loaner car with 4000 miles already on it, but it's still eligible for lease. Any insight would be helpful. Thanks!!

Michaell

loncherie99 said:

Hello all!!

I'm thinking about purchasing the 2017 Volvo S60, inscription FWD. The msrp is about $40k, and the salesperson keeps promising me a good monthly payment. What's a good monthly payment?? Ps. This is a loaner car with 4000 miles already on it, but it's still eligible for lease. Any insight would be helpful. Thanks!!

Purchase, or lease?

We don't track pricing - use the make / model / year tabs at the top of the page to link to the price tools.

loncherie99

Michaell said:

loncherie99 said:

Hello all!!

I'm thinking about purchasing the 2017 Volvo S60, inscription FWD. The msrp is about $40k, and the salesperson keeps promising me a good monthly payment. What's a good monthly payment?? Ps. This is a loaner car with 4000 miles already on it, but it's still eligible for lease. Any insight would be helpful. Thanks!!

Purchase, or lease?

We don't track pricing - use the make / model / year tabs at the top of the page to link to the price tools.

Thank you for the prompt response!! This is for a 36 month lease with 15000 miles per year in the Cleveland, Ohio market (44146). It would be great if you could tell me the residual value, money factor, and current incentives for a 36/15 and a 24/15, 2017 S60 FWD Inscription.

Additionally, I guess I'm just wondering how much of a discount is common on a "new" car with 4000 miles. The price tools don't help with this specific situation. Any help will be greatly appreciated!!

Michaell

loncherie99 said:

Michaell said:

loncherie99 said:

Hello all!!

I'm thinking about purchasing the 2017 Volvo S60, inscription FWD. The msrp is about $40k, and the salesperson keeps promising me a good monthly payment. What's a good monthly payment?? Ps. This is a loaner car with 4000 miles already on it, but it's still eligible for lease. Any insight would be helpful. Thanks!!

Purchase, or lease?

We don't track pricing - use the make / model / year tabs at the top of the page to link to the price tools.

Thank you for the prompt response!! This is for a 36 month lease with 15000 miles per year in the Cleveland, Ohio market (44146). It would be great if you could tell me the residual value, money factor, and current incentives for a 36/15 and a 24/15, 2017 S60 FWD Inscription.

Additionally, I guess I'm just wondering how much of a discount is common on a "new" car with 4000 miles. The price tools don't help with this specific situation. Any help will be greatly appreciated!!

.00001 and 40% / 47%
$1500 Volvo allowance
$7200 lease bonus

Demo or service loaner vehicles are tough to price - you could deduct .20 to .50 per mile and see where that gets you with the dealership.

loncherie99

Ok, thank you for the response and information. Is this deal accurate?? They're offering a money factor of 0.00031, is that better or worse than 0.00001?? Additionally, none of the rebates are reflected on the deal. Is that common?? Thanks again!!

Michaell

loncherie99 said:

Ok, thank you for the response and information. Is this deal accurate?? They're offering a money factor of 0.00031, is that better or worse than 0.00001?? Additionally, none of the rebates are reflected on the deal. Is that common?? Thanks again!!

.00031 is higher than .00001, so that deal is worse.

Politely respond by saying you won't sign a deal where the MF is inflated.

kyfdx

@loncherie99 Not intimately familiar with how Volvo handles demo leases. In this case, it looks like the dealer gets all the incentives, and it's passed along to you with a big discount. On the plus side, this means you aren't paying sales tax on rebates.

Your discount is about $13,200. This car has $8700 of incentives. But, you are losing $940 to a lower residual, due to existing mileage. That takes your effective discount (assuming the car was new) down to about $3500, after subtracting incentives and residual reduction.
That seems pretty decent, except they are marking up the acquisition fee (base $695, $995 charged), and bumping the money factor up from .00001 to .00031. (adds about $16/mo.). Those two finance office bumps add about $875 to your deal.

I feel like this is about $25/mo. higher than I would be happy with.

With ZERO out of pocket, I would shoot for $400/mo. even.

qbrozen

That spreadsheet confuses the hell out of me. $28k gross cap cost minus $3229 in cap cost reduction equals $28k cap cost? Huh??
and where does $429 come from when the sheet shows $368? I would say taxes but there is a line item for nearly $1k in tax in the gross cap cost.

kyfdx

qbrozen said:

That spreadsheet confuses the hell out of me. $28k gross cap cost minus $3229 in cap cost reduction equals $28k cap cost? Huh??
and where does $429 come from when the sheet shows $368? I would say taxes but there is a line item for nearly $1k in tax in the gross cap cost.

The amounts listed aren't added in a linear fashion.
The $1229 CAP reduction is what's left out of the $2000, after paying upfront amounts. (1st payment, doc fee, other fees, etc)
The Gross CAP doesn't include the CAPPED taxes. So, the Net CAP adds the CAPPED taxes, then subtracts the $1229 to get the Net Cap cost.

The screenshot is with $2000 out of customer pocket and $368.76/mo.
The $429/mo is with ZERO out of pocket ($60/mo. more, instead of $2000 upfront)

loncherie99

Thanks for the info everyone!! We'll see what happens when I go see them next. Have a great day!!

landonsun

Hello,

Can anyone please share what is current MF and RV for a 2017 S60 Dyn basic FWD, 36/10? I'm in south California.

Thanks

qbrozen

kyfdx said:

That spreadsheet confuses the hell out of me. $28k gross cap cost minus $3229 in cap cost reduction equals $28k cap cost? Huh??
and where does $429 come from when the sheet shows $368? I would say taxes but there is a line item for nearly $1k in tax in the gross cap cost.

The amounts listed aren't added in a linear fashion. The $1229 CAP reduction is what's left out of the $2000, after paying upfront amounts. (1st payment, doc fee, other fees, etc) The Gross CAP doesn't include the CAPPED taxes. So, the Net CAP adds the CAPPED taxes, then subtracts the $1229 to get the Net Cap cost. The screenshot is with $2000 out of customer pocket and $368.76/mo. The $429/mo is with ZERO out of pocket ($60/mo. more, instead of $2000 upfront)

They go through a great deal of trouble to confuse people

cyan1978

Hi, what are the numbers for 2017 s60 inscription awd, mf, rv, allowance and bonus for 68022, 3/15000? Also would the allowance and bonus be different in Oct? I was told by the dealer the numbers would only be good for this month, Sept. thanks!

Michaell

landonsun said:

Hello,

Can anyone please share what is current MF and RV for a 2017 S60 Dyn basic FWD, 36/10? I'm in south California.

Thanks

.00001 and 43%
$7250 lease incentives

Michaell

cyan1978 said:

Hi, what are the numbers for 2017 s60 inscription awd, mf, rv, allowance and bonus for 68022, 3/15000? Also would the allowance and bonus be different in Oct? I was told by the dealer the numbers would only be good for this month, Sept. thanks!

.00001 and 41%
$8700 lease incentives

Program numbers are valid through 2 October.

cyan1978

Michaell said:

Hi, what are the numbers for 2017 s60 inscription awd, mf, rv, allowance and bonus for 68022, 3/15000? Also would the allowance and bonus be different in Oct? I was told by the dealer the numbers would only be good for this month, Sept. thanks!

.00001 and 41% $8700 lease incentives Program numbers are valid through 2 October.

cyan1978

Thanks for quick response on the weekend. Dealer gave 0.00016 mf. Is mf negotiable?
Also, sale price is invoice price. Anybody getting price lower than invoice on 17 models?

Michaell

cyan1978 said:

Thanks for quick response on the weekend. Dealer gave 0.00016 mf. Is mf negotiable?
Also, sale price is invoice price. Anybody getting price lower than invoice on 17 models?

Yes, MF is negotiable.

But, don't negotiate. Simply tell them that you won't sign a deal unless the base MF is used. They know what the rate is.

innovisn

Would you have the MF, RV, and incentives for 2017 S60 AWD Platnium for zip 10001. Thanks.

Michaell

innovisn said:

Would you have the MF, RV, and incentives for 2017 S60 AWD Platnium for zip 10001. Thanks.

What lease term and how many miles per year?

innovisn

Ah...yes. 36 months. 7500 miles. Thank you.

innovisn

Pehaps, should have said Inscription also with the term and miles.

Michaell

innovisn said:

Would you have the MF, RV, and incentives for 2017 S60 AWD Platnium for zip 10001. Thanks.

innovisn said:

Ah...yes. 36 months. 7500 miles. Thank you.

innovisn said:

Pehaps, should have said Inscription also with the term and miles.

Inscription Platinum AWD 36/7.5K - .00001 and 44%; $8700 total lease incentives

innovisn

Thanks.

donm2303

Would you have the MF, RV, and incentives for 2017 S60 T5 AWD Dynamic for zip 11746 with 10k miles yearly 36 months?

Michaell

donm2303 said:

Would you have the MF, RV, and incentives for 2017 S60 T5 AWD Dynamic for zip 11746 with 10k miles yearly 36 months?

.00025 and 44%
$8250 lease incentives

woolykris

Any numbers on a 2018 Volvo S60 T5 AWD Dynamic for 36 months 15k a year?

Michaell

woolykris said:

Any numbers on a 2018 Volvo S60 T5 AWD Dynamic for 36 months 15k a year?

The 2018 S60 lease thread is here:

https://forums.edmunds.com/discussion/46586/volvo/s60/2018-volvo-s60-lease-deals-and-prices#latest

gsr8

What is current MF, lease incentives and RV for a 2017 S60 T6 AWD R-design Patinum, 36/12 in South California please

Michaell

gsr8 said:

What is current MF, lease incentives and RV for a 2017 S60 T6 AWD R-design Patinum, 36/12 in South California please

R-Des - .00001 and 42%; $8900 lease incentives
Platinum - .00001 and 41%; $8700 lease incentives

gsr8

Michaell said:

gsr8 said:

What is current MF, lease incentives and RV for a 2017 S60 T6 AWD R-design Patinum, 36/12 in South California please

R-Des - .00001 and 42%; $8900 lease incentives
Platinum - .00001 and 41%; $8700 lease incentives

Wait, so base R-design RV is 42% and Platinum R-design is 41% ? And Platinum has lower incentives, even though the MSRP is higher? I didnt know that in MY2017 R-design was even available in base version - only Platinum...

Michaell

gsr8 said:

Michaell said:

gsr8 said:

What is current MF, lease incentives and RV for a 2017 S60 T6 AWD R-design Patinum, 36/12 in South California please

R-Des - .00001 and 42%; $8900 lease incentives
Platinum - .00001 and 41%; $8700 lease incentives

Wait, so base R-design RV is 42% and Platinum R-design is 41% ? And Platinum has lower incentives, even though the MSRP is higher? I didnt know that in MY2017 R-design was even available in base version - only Platinum...

That's what my information shows me ....

I don't see an R-Design Platinum

gsr8

Michaell said:

gsr8 said:

Michaell said:

gsr8 said:

What is current MF, lease incentives and RV for a 2017 S60 T6 AWD R-design Patinum, 36/12 in South California please

R-Des - .00001 and 42%; $8900 lease incentives
Platinum - .00001 and 41%; $8700 lease incentives

Wait, so base R-design RV is 42% and Platinum R-design is 41% ? And Platinum has lower incentives, even though the MSRP is higher? I didnt know that in MY2017 R-design was even available in base version - only Platinum...

That's what my information shows me ....

I don't see an R-Design Platinum

Interesting... I don't see a single 2017 R-design without a Platinum package at over 20 dealers I looked - I think Volvo stopped offering BASE R-design after MY2016. Which would explain why you see only one listing for R-design - they are all Platinum for MY2017. The only other trim that is still offered with or without Platinum package is Inscription - maybe that is the one listed simply as "Platinum" on your end?.

kyfdx

gsr8 said:

Michaell said:

gsr8 said:

Michaell said:

gsr8 said:

What is current MF, lease incentives and RV for a 2017 S60 T6 AWD R-design Patinum, 36/12 in South California please

R-Des - .00001 and 42%; $8900 lease incentives
Platinum - .00001 and 41%; $8700 lease incentives

Wait, so base R-design RV is 42% and Platinum R-design is 41% ? And Platinum has lower incentives, even though the MSRP is higher? I didnt know that in MY2017 R-design was even available in base version - only Platinum...

That's what my information shows me ....

I don't see an R-Design Platinum

Interesting... I don't see a single 2017 R-design without a Platinum package at over 20 dealers I looked - I think Volvo stopped offering BASE R-design after MY2016. Which would explain why you see only one listing for R-design - they are all Platinum for MY2017. The only other trim that is still offered with or without Platinum package is Inscription - maybe that is the one listed simply as "Platinum" on your end?.

Yes.. the only model we have listed with Platinum as a separate model is the Inscription Platinum.

amandasf

Hi all-
Can you tell me if this sounds ok?
2017 S60 inscription fwd- msrp $40,020
15k/ 36 mo
Includes $995 excess wear and tear

$2400 down
$380 a month which includes 7% monthly usage tax In zip 33179

Don't have exact numbers yet- they want me to come in. I don't want to unless it's decent. Do you think there's more wiggle room?

Thanks!

Michaell

amandasf said:

Hi all-
Can you tell me if this sounds ok?
2017 S60 inscription fwd- msrp $40,020
15k/ 36 mo
Includes $995 excess wear and tear

$2400 down
$380 a month which includes 7% monthly usage tax In zip 33179

Don't have exact numbers yet- they want me to come in. I don't want to unless it's decent. Do you think there's more wiggle room?

Thanks!

.00001 and 40%, with $8700 of lease incentives.

What is the adjusted cap cost? Ask for the breakdown of the $2400, as well.

I wouldn't put up so much money when you sign the papers, and I would also skip the wear and tear.

amandasf

Michaell said:

Hi all- Can you tell me if this sounds ok? 2017 S60 inscription fwd- msrp $40,020 15k/ 36 mo Includes $995 excess wear and tear $2400 down $380 a month which includes 7% monthly usage tax In zip 33179 Don't have exact numbers yet- they want me to come in. I don't want to unless it's decent. Do you think there's more wiggle room? Thanks!

.00001 and 40%, with $8700 of lease incentives. What is the adjusted cap cost? Ask for the breakdown of the $2400, as well. I wouldn't put up so much money when you sign the papers, and I would also skip the wear and tear.

amandasf

Thanks! That is the residual and MF they are giving me. 
I am getting the wear and tear as I am really hard on my cars.

28,893.08 Is the adjusted cap cost. 

$2400 is the number I gave them for cash I wanted to put down. 

Michaell

amandasf said:

Thanks! That is the residual and MF they are giving me. 
I am getting the wear and tear as I am really hard on my cars.

28,893.08 Is the adjusted cap cost. 

$2400 is the number I gave them for cash I wanted to put down. 

I get $383/mo with tax using those prices; pretty close to your quote.

amandasf

Michaell said:

amandasf said:

Thanks! That is the residual and MF they are giving me. 
I am getting the wear and tear as I am really hard on my cars.

28,893.08 Is the adjusted cap cost. 

$2400 is the number I gave them for cash I wanted to put down. 

I get $383/mo with tax using those prices; pretty close to your quote.

In the end, I put $2000 down, including first month payment. They gave me the wear and policy for $825. I walked out paying $385.00 for 36 mo/15k with tax.

Selling price of the car was just about $12k off MSRP.

Thought it was a pretty good deal. Was originally looking at a VW Passat SEL and this came out to less than $5 more per month (VW and Volvo share a dealer). While the Passat actually had a couple more safety features than the Inscription, this is a much nicer car and drives a hell of a lot better.

Michaell

amandasf said:

Michaell said:

amandasf said:

Thanks! That is the residual and MF they are giving me. 
I am getting the wear and tear as I am really hard on my cars.

28,893.08 Is the adjusted cap cost. 

$2400 is the number I gave them for cash I wanted to put down. 

I get $383/mo with tax using those prices; pretty close to your quote.

In the end, I put $2000 down, including first month payment. They gave me the wear and policy for $825. I walked out paying $385.00 for 36 mo/15k with tax.

Selling price of the car was just about $12k off MSRP.

Thought it was a pretty good deal. Was originally looking at a VW Passat SEL and this came out to less than $5 more per month (VW and Volvo share a dealer). While the Passat actually had a couple more safety features than the Inscription, this is a much nicer car and drives a hell of a lot better.

That's pretty good - the deals I've been seeing on the S60 are almost too good to be believed.

eric_in_sf

Can I get the RV/MF for a 2017 S60 T5 Dynamic? 24 and 36 months, 15k miles/year, 94109 zip code.
Thanks!

Michaell

eric_in_sf said:

Can I get the RV/MF for a 2017 S60 T5 Dynamic? 24 and 36 months, 15k miles/year, 94109 zip code.
Thanks!

FWD or AWD?

donm2303

Do the same lease terms apply to loaners or is the residual and money factor different?

Michaell

donm2303 said:

Do the same lease terms apply to loaners or is the residual and money factor different?

The residual is adjusted downward by a fixed amount per mile - likely .15-.25 per mile.

eric_in_sf

Can I get the RV/MF for a 2017 S60 FWD T5 Dynamic? 24 and 36 months, 15k miles/year, 94109 zip code.

Michaell

eric_in_sf said:

Can I get the RV/MF for a 2017 S60 FWD T5 Dynamic? 24 and 36 months, 15k miles/year, 94109 zip code.

.00001 and 48% / 40%
$8250 total lease incentives

lvs2393

Hello,

Can I have RV/MF and incentives for 2017 S60 AWD Inscription Platimun for 24/36 months and 15k miles.
zip code 06484.

Thank you in advance.

Michaell

lvs2393 said:

Hello,

Can I have RV/MF and incentives for 2017 S60 AWD Inscription Platimun for 24/36 months and 15k miles.
zip code 06484.

Thank you in advance.

.00001 and 47% / 40%; $8700 lease incentives

yamaha593

So, I went to Volvo yesterday. We worked on a 2017 Volvo S60 T5 AWD Inscription with 1800 miles (service loaner), MSRP of $44,995, discounted price of $37,995. For a 36/12k lease, I was offered $430 per-month with a total of $1000 due at signing. The price for what the car is (basically fully loaded) was great; however, it was a little out of my budget. We then worked on a 2017 S60 T5 AWD Dynamic with an MSRP of $38,940, discounted price of $29,994 with 4900 miles (service loaner). For a 36/12k lease, I was offered $379 per-month with a total of $1000 due at signing. The salesperson was filling out the buyers order so I could leave a deposit, until I found out this Dynamic trim level did not even come with a backup camera! The salesperson said they could install an aftermarket camera, but the price would go from $379 to $399 and I simply did not think the $20 extra per-month was worth it. I loved the car and felt like I was getting a good deal (if I was willing to swing for the $430 per-month). This also included free maintenance (including wear and tear), NYS inspections, loaners, car-washes, and towing/rescue all through the life of the lease. That offer was exclusive to the dealership. I'm bummed! I guess I'll have to opt for the 2017 Honda CR-V EX-L that I was quoted $379 per-month, 36/12k, 1st month and DMV due at signing. Fell in love with the Volvo, though. Maybe in 3 years! Thanks for your help.