Volvo XC70 Lease Questions

Michaell

lsej said:

CarMan
Sorry to bother you again wondering if the October numbers were out yet?
MF, residual and incentives for the 2015 and 2015.5 XC70 T5, Drive E, FWD , Platinum, Dual Stage Child Booster?
36/10K & 39/10K
THANKS Again!

2015 - .00165 and 55% for 36/10. Subtract 2% for 39 months. $2000 lease cash.

2015.5 - .00039 and 56% for 36/10. Subtract 1% for 39 months. No lease cash.

lsej

Thank you... Possibly a stupid question but how does the "$2000 lease cash" break down?
I currently lease 2 cars neither of them are Volvo's though.
Many thanks!

Michaell

lsej said:

Thank you... Possibly a stupid question but how does the "$2000 lease cash" break down?
I currently lease 2 cars neither of them are Volvo's though.
Many thanks!

Lease cash is like a rebate. Can either be used to lower the transaction price or it can be used to cover the up front fees, taxes, etc.

lsej

Can't thank you enough for the quick response!
So lease cash is different then say "loyalty" or "conquest"?
If Volvo is offering any other incentives such as loyalty or conquest can I combine them with the 2k lease cash?

Michaell

lsej said:

Can't thank you enough for the quick response!
So lease cash is different then say "loyalty" or "conquest"?
If Volvo is offering any other incentives such as loyalty or conquest can I combine them with the 2k lease cash?

Yes, lease cash is different than loyalty or conquest.

Use the Car Research tab at the top of the page to get a list of current incentives. I believe the lease cash is stackable with the others.

lsej

CarMan
Another question...
Can you give me the MF, residual and incentives for the 2015 XC70 T6, AWD, Premier Plus, BLIS, Dual Stage Child Booster?
Thanks again for this!

kyfdx

lsej said:

CarMan
Another question...
Can you give me the MF, residual and incentives for the 2015 XC70 T6, AWD, Premier Plus, BLIS, Dual Stage Child Booster?
Thanks again for this!

.00165 MF and 55% residual for 36mo, 15K/yr. $2000 Volvo lease cash.

lsej

Sorry CarMan I should have specified... 10k/36mo?
Thanks

kyfdx

lsej said:

Sorry CarMan I should have specified... 10k/36mo?
Thanks

Add 3% to go from 15K/yr to 10K/yr

lsej

CarMan (or anyone else that might have some insight)
Would it be unreasonable of me to ask a dealer to apply the "$2000 lease cash" on the 2015 XC70 on top of "Price Promise" or "True Car" pricing?
For example: Say the MSRP for the 15' XC70 that I'm looking at is $48,825 and the "True Car" price estimate is $43,101, Should I be asking for 2K in lease cash on top of that?
So a sale price of $41,101.
So far it most dealers are telling me the 2k lease cash was used to arrive at the "Price Promise" or "True Car" price.
Thanks for all your help.

kyfdx

lsej said:

CarMan (or anyone else that might have some insight)
Would it be unreasonable of me to ask a dealer to apply the "$2000 lease cash" on the 2015 XC70 on top of "Price Promise" or "True Car" pricing?
For example: Say the MSRP for the 15' XC70 that I'm looking at is $48,825 and the "True Car" price estimate is $43,101, Should I be asking for 2K in lease cash on top of that?
So a sale price of $41,101.
So far it most dealers are telling me the 2k lease cash was used to arrive at the "Price Promise" or "True Car" price.
Thanks for all your help.

The $2000 is a dealer incentive, so it most likely was accounted for in any price quote.

lsej

The dealer just mentioned an acq fee of $995 they then called it a "bank" fee. Is this legit? This $995 fee is on-top of the destination fee.
I'm trying to get all the numbers so I can post them for you guys.
Thanks, this forum is truly great!

lsej

Okay I won't say this is the last time I will bug you, but I hope it is!
When I calculate the lease on a 2015.5 xc70 with an msrp of $42,950 and a sale price of $38,995 using 56% residual, MF of .00039, and 9% So. Cal Sales Tax, I get a monthly payment of $446.31 including tax. Am I doing something wrong?
Below is what I just got from the dealer:
1) MSRP: $42,950
2) Residual: 56% 24,052
3) Cash Price: $38,995
4) TTL Add to Cap: 1,075 - ???? I'm not sure what this is?
5) Adjusted Cap Cost: $40,070
6) Money Factor: .00039
7) Term: 36months
8) License Fee: $354
9) Doc Tax: 9%
10) Cap Tax1 RT/Amt: 9%
11) Ttl UpFrnt Fees: $37.75
12) Acq Fee Tax: 9%
13) Base Monthly Payment: $469.95
14) Monthly Use Tax 9%: $42.30
15) Ttl Monthly Payment: $512.25
16) Drive Off: $904.00

kyfdx

lsej said:

The dealer just mentioned an acq fee of $995 they then called it a "bank" fee. Is this legit? This $995 fee is on-top of the destination fee.
I'm trying to get all the numbers so I can post them for you guys.
Thanks, this forum is truly great!

All leases have an acquisition fee.. The base fee on the Volvo is $695. Your dealer is marking up the fee for extra profit.

Beware of any quote that breaks out the destination fee.... the price is the price. Adding the destination fee on to a negotiated price is just obfuscation.

kyfdx

lsej said:

Okay I won't say this is the last time I will bug you, but I hope it is!
When I calculate the lease on a 2015.5 xc70 with an msrp of $42,950 and a sale price of $38,995 using 56% residual, MF of .00039, and 9% So. Cal Sales Tax, I get a monthly payment of $446.31 including tax. Am I doing something wrong?
Below is what I just got from the dealer:
1) MSRP: $42,950
2) Residual: 56% 24,052
3) Cash Price: $38,995
4) TTL Add to Cap: 1,075 - ???? I'm not sure what this is?
5) Adjusted Cap Cost: $40,070
6) Money Factor: .00039
7) Term: 36months
8) License Fee: $354
9) Doc Tax: 9%
10) Cap Tax1 RT/Amt: 9%
11) Ttl UpFrnt Fees: $37.75
12) Acq Fee Tax: 9%
13) Base Monthly Payment: $469.95
14) Monthly Use Tax 9%: $42.30
15) Ttl Monthly Payment: $512.25
16) Drive Off: $904.00

4) The Add to CAP is that inflated acq.fee and the $80 dealer doc fee (max allowed in CA).

Your payment calculates exactly.. If you are happy with the $4000 discount (minus the extra $300 on the acq.fee markup), then it's a solid deal.

lsej

CarMan I want to confirm:
2015.5 XC70 T5 Drive E, Premier, 10k/36Month
What is the Residual & MF?
Acquisition fee?
Many many thanks!

Michaell

lsej said:

CarMan I want to confirm:
2015.5 XC70 T5 Drive E, Premier, 10k/36Month
What is the Residual & MF?
Acquisition fee?
Many many thanks!

.00039 and 57%. No lease cash.

Acquisition fee is $695.

jcarlough

Another request-

2015.5. Both AWD trims (T5 and T6). Preferably in premier trim.

39/10 (or 36 whichever one is their sweet spot).

Thanks!

kyfdx

jcarlough said:

Another request-

2015.5. Both AWD trims (T5 and T6). Preferably in premier trim.

39/10 (or 36 whichever one is their sweet spot).

Thanks!

I don't show a T5 AWD.. just 3.2 AWD: .00085 MF and 56% residual
T6 AWD: .00109 MF and 58% residual

suspiciousal

Can I have numbers for the following please:

2015.5 Platinum T6 36/15
2015.5 Premier Plus T6 36/15
2015 Platinum T6 36/15

Thanks a bunch,
Nathan

kyfdx

suspiciousal said:

Can I have numbers for the following please:

2015.5 Platinum T6 36/15
2015.5 Premier Plus T6 36/15
2015 Platinum T6 36/15

Thanks a bunch,
Nathan

2015.5 Platinum T6 36/15
.00109 MF and 54% residual

2015.5 Premier Plus T6 36/15
.00109 MF and 56% residual

2015 Platinum T6 36/15
.00165 MF and 53% residual. $2000 lease cash.

loganross01

CarMan,

Hello,
Can you please provide the following:

1) 2015 XC70 T6 Platinum lease numbers (24 and 36 months/12k miles)
2) 2015.5 XC70 T6 Platinum lease numbers (24 and 36 months/12k miles)
3) 2015.5 XC70 T6 Platinum finance options (60 and 72 months12k miles)
4) 2015.5 XC70 incentives

Thank you very much!

Michaell

loganross01 said:

CarMan,

Hello,
Can you please provide the following:

1) 2015 XC70 T6 Platinum lease numbers (24 and 36 months/12k miles)
2) 2015.5 XC70 T6 Platinum lease numbers (24 and 36 months/12k miles)
3) 2015.5 XC70 T6 Platinum finance options (60 and 72 months12k miles)
4) 2015.5 XC70 incentives

Thank you very much!

1) 2015 XC70 T6 Platinum lease numbers (24 and 36 months/12k miles) .00158 and 63% for 24/12; .00165 and 55% for 36/12. $2000 lease cash.

2) 2015.5 XC70 T6 Platinum lease numbers (24 and 36 months/12k miles) .00077 and 66% for 24/12; .00109 and 56% for 36/12

Use the "Car Research" tab at the top of the page to link to finance and other incentives available.

suspiciousal

Hi Guys,

I ordered a car in December and it will finally be here around the end of Feb. Can I get the #'s for a 2015.5 xc70 T6 36/15?

Thanks,
Nate

Michaell

suspiciousal said:

Hi Guys,

I ordered a car in December and it will finally be here around the end of Feb. Can I get the #'s for a 2015.5 xc70 T6 36/15?

Thanks,
Nate

.00086 and 56% (base) or 54% (Platinum) $750 lease cash.

suspiciousal

Thank you I was able to pick the car up on 2/28 using above #s.

jcarlough

Hi - do you happen to have info on a xc70 t6? 36 (or 39)/10k.

thanks!

kyfdx

jcarlough said:

Hi - do you happen to have info on a xc70 t6? 36 (or 39)/10k.

thanks!

.00105 MF and 60%/59% residual. $750 lease cash.

tifighter

Any visibility on 15.5 XC70 rates for 3 years/36k miles? T6 AWD Premier and Platinum? Volvo site now only shows offers on the 16's.,,

Michaell

tifighter said:

Any visibility on 15.5 XC70 rates for 3 years/36k miles? T6 AWD Premier and Platinum? Volvo site now only shows offers on the 16's.,,

Looks like the 15.5 lease info is gone, so no more support.

tifighter

Thanks Michaell, You are quick on the draw...

wgsii82

Looking for residual and MF for a XC70 T5 Platinum (24/15k, 36/15k, 39/15k).

Thank you! I acknowledge I asked for the same information for the xc60 and v60 cc -- cross shopping the three models. Your help is much appreciated.

kyfdx

wgsii82 said:

Looking for residual and MF for a XC70 T5 Platinum (24/15k, 36/15k, 39/15k).

Thank you! I acknowledge I asked for the same information for the xc60 and v60 cc -- cross shopping the three models. Your help is much appreciated.

.00062 MF and 64%/56%/54% residual

vfaust2

Hello,
Could you please provide the MF and residual for 2016 XC70 T5 AWD 10k/36months.

Thank You

Michaell

vfaust2 said:

Hello,
Could you please provide the MF and residual for 2016 XC70 T5 AWD 10k/36months.

Thank You

.00082 and 59%

rnathan

Hi

I am looking for MF and residual on a 2016 XC70 T5-Drive-E for 10k/36 months, and 12k/36 months. There is also an offer ending today on no lease payments for 3 months - will this be included in the dealer's calculations?

This is the deal that I am evaluating, but has a $4000 downpayment - I am trying to negotiate MSDs instead of downpayment.

Special $369 for 36 months with $3,995 down payment offer valid on new and unregistered 2016 XC70 FWD 4dr Wgn T5 Drive-E Premier (XC70T5) to well-qualified lessees approved by Volvo Car Financial Services. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $43,940 (includes Volvo destination and handling fee, excludes tax, federal/state fees, license, title, registration, emissions, $80.00 documentation/processing fee, options not listed, dealer installed equipment not listed, dealer installation fees (if applicable), dealer fees, insurance and the like.) Actual net capitalized cost $37,560. Net capitalized cost excludes $695 acquisition fee, and may include all applicable offers and incentives of up to $500 for qualified lessees which includes 2016 Volvo Loyalty Customer Cash [] ($500). Total monthly payments $13,284. Option to purchase at lease end $25,925.

Thanks
Ranga.

Michaell

rnathan said:

Hi

I am looking for MF and residual on a 2016 XC70 T5-Drive-E for 10k/36 months, and 12k/36 months. There is also an offer ending today on no lease payments for 3 months - will this be included in the dealer's calculations?

This is the deal that I am evaluating, but has a $4000 downpayment - I am trying to negotiate MSDs instead of downpayment.

Special $369 for 36 months with $3,995 down payment offer valid on new and unregistered 2016 XC70 FWD 4dr Wgn T5 Drive-E Premier (XC70T5) to well-qualified lessees approved by Volvo Car Financial Services. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $43,940 (includes Volvo destination and handling fee, excludes tax, federal/state fees, license, title, registration, emissions, $80.00 documentation/processing fee, options not listed, dealer installed equipment not listed, dealer installation fees (if applicable), dealer fees, insurance and the like.) Actual net capitalized cost $37,560. Net capitalized cost excludes $695 acquisition fee, and may include all applicable offers and incentives of up to $500 for qualified lessees which includes 2016 Volvo Loyalty Customer Cash [] ($500). Total monthly payments $13,284. Option to purchase at lease end $25,925.

Thanks
Ranga.

I don't believe Volvo does an MSD program. I agree that putting any amount down on a lease is a bad idea - if the car is stolen or totaled, you lose that money.

36/12 numbers for XC70 T5 Drive-E are .00062 and 56%. Add 1% for 10K.

You should be able to beat the advertised deal with some decent negotiating skills.

rnathan

Thanks.. For 10K, does it change the MF or is it still .00062?

Michaell

rnathan said:

Thanks.. For 10K, does it change the MF or is it still .00062?

MF is not affected by the miles per year.

rnathan

The dealer states that the residual for a XC70 T5 drive-E FWD is 56+3 = 59%. Is that right?

kyfdx

rnathan said:

The dealer states that the residual for a XC70 T5 drive-E FWD is 56+3 = 59%. Is that right?

59% for Premier model, only, for 36/10

57% for base or Platinum for 36/10

rnathan

Thanks. It is the premier model. Signing one for $430 per month with a $2k down payment (offset partially by $1400 of 3 monthly payments).

satanzilla

I am looking for MF and residual on a 2016 XC70 T5-Drive-E for 10k/39 months.

kyfdx

satanzilla said:

I am looking for MF and residual on a 2016 XC70 T5-Drive-E for 10k/39 months.

.00094 MF and 57% residual. $750 lease cash

pdxfour

To the Moderrators: Thank you for your helpfulness with everyone's questions - it's definitely appreciated!

I have a similar request: I'm looking for MF and Residual for 2016 XC70 T-5 AWD Platinum.
36/10k | 36/12k | 39/10k | 39/12k

Is anybody able to achieve sub-invoice pricing for the purchase price (i.e. $500 or $1k under invoice)?
And, how flexible has Volvo been with negotiating MF's, or are those fixed based on the current leasing programs being offered?

kyfdx

pdxfour said:

To the Moderrators: Thank you for your helpfulness with everyone's questions - it's definitely appreciated!

I have a similar request: I'm looking for MF and Residual for 2016 XC70 T-5 AWD Platinum.
36/10k | 36/12k | 39/10k | 39/12k

Is anybody able to achieve sub-invoice pricing for the purchase price (i.e. $500 or $1k under invoice)?
And, how flexible has Volvo been with negotiating MF's, or are those fixed based on the current leasing programs being offered?

.00094 MF and 57%/56% residual for 36/39 months, 12K/yr.

Add 1% for 10K/yr. $750 lease cash.

.00094 is the base rate. That is the best you can get. Your dealer may attempt to mark up the money factor for additional profit.

cbarrs

Hi Guys,

I am considering picking up a new xc70.

My preference is the 2015 so I can get the T6 (and the polestar upgrade). I see a few in stock near me, but is volvo still supporting leases on that model year?

would be looking at 36/15.

Thanks!

kyfdx

cbarrs said:

Hi Guys,

I am considering picking up a new xc70.

My preference is the 2015 so I can get the T6 (and the polestar upgrade). I see a few in stock near me, but is volvo still supporting leases on that model year?

would be looking at 36/15.

Thanks!

No lease program for 2015 models.

pdxfour

My dealer is telling me that for a 48 month lease, the residual value is 50%. This seems like a huge departure from 57% for 36 mos. Can anyone confirm? MF seems to have improved to .00084 as well. At least, that's what I'm being quoted.

Michaell

pdxfour said:

My dealer is telling me that for a 48 month lease, the residual value is 50%. This seems like a huge departure from 57% for 36 mos. Can anyone confirm? MF seems to have improved to .00084 as well. At least, that's what I'm being quoted.

Sorry, we didn't get any Volvo numbers for March.

That said, a drop like that from 36 to 48 months isn't unheard of .. primarily to encourage folks to go with a 36 month lease term.