2018 Volvo XC60 Lease Deals and Prices

kyfdx

not_so_new said:

Michaell said:

not_so_new said:

Thanks.  They actually started with a higher monthly lease number and when I mentioned the web price they came down.

That's what seems odd to me, they came down to the Web number but they say they can't deal on the car at all.  And now they are saying this is their best number.

I am not really comfortable with that but they are the only dealer that will do remote pick for service and all the dealers are an hour + away from us.

I want to get a fair deal but the are my only option I think

Would it be worth a two hour round trip to save $1000? $2000?

The more dealers you get involved in the process, the better the price is you'll ultimately get.

The problem is, I  only have this dealer to go back to for service. 

 They will pick up my car and give me a loaner right at my house (an hour away from them).

  I  don't know if they will do that if I get the car from someone else. ... unless they have to according to Volvo, but I  think this specifically something this dealership does because the other dealers I spoke with don't.




If they don't have any competition, then you don't have a lot of leverage

kyfdx

gofigure000 said:

Michaell said:

.00008 and 54%; $800 lease bonus

So far as we know, the Volvo numbers are national.

MF and residual do not change based on packages or options.

We don't not recommend using trade equity to lower your payment; that money would be lost if the car is stolen or totaled.

MF is also marked up, which the dealer is allowed to do.

Might be time to try finding another dealer.

Holy guacamole, you could fit all of heaven and hell and then some between .00008 and .00056!

would it be reasonable to expect the dealer to go all the way down to .00008 given how new the 2018s are at this point?

Regarding the money factor question i initially posted, how come as I scroll through all the posts, similar lease term money factors in other states are much higher than the .00008 you just shared with me? Just curious, thats all.

Money factor varies by trim. The T6 Momentum has the lowest money factor. Location has nothing to do with it.

When I negotiate a lease, I tell the dealer that any deal is dependent on me getting the buy rate. If that's a problem, I walk.

gofigure000

kyfdx said:

Money factor varies by trim. The T6 Momentum has the lowest money factor. Location has nothing to do with it.

When I negotiate a lease, I tell the dealer that any deal is dependent on me getting the buy rate. If that's a problem, I walk.

got it, thank you very much

misterniceguy

Hi,

What are the MF, RV, and Incentives for the new 2018 XC60 AWD in Upstate, NY 14610? I'm looking at 36 months, 12k miles (unless 24 months is a better value). T5 + T6 in all trims please.

Thanks!

Michaell

misterniceguy said:

Hi,

What are the MF, RV, and Incentives for the new 2018 XC60 AWD in Upstate, NY 14610? I'm looking at 36 months, 12k miles (unless 24 months is a better value). T5 + T6 in all trims please.

Thanks!

MF ranges between .00008 and .00047

24/12 residuals 63-65%

36/12 residuals 53-56%

$800 lease bonus for all T5 / T6

wsrobert

Looking for MF and residuals for the following (NJ):

'18 R-Design and Inscription, T5

12k and 15k for 36 and 39 months.

Thanks!

Michaell

wsrobert said:

Looking for MF and residuals for the following (NJ):

'18 R-Design and Inscription, T5

12k and 15k for 36 and 39 months.

Thanks!

15K numbers; add 2% for 12K

RDES - .00041 and 54% 52%
INSC - .00044 and 53% 51%

$800 lease bonus

jnyz

Hello, Could you post the mf, residual and any insentives for the 2018 Volvo Momentum? AWD, T5, 36/39 15,000/year. Thank you very much

kyfdx

jnyz said:

Hello, Could you post the mf, residual and any insentives for the 2018 Volvo Momentum? AWD, T5, 36/39 15,000/year. Thank you very much

.00047 MF and 53%/51% residual
$800 lease bonus

not_so_new

As I mentioned earlier in the thread, we are looking at a 2018 T8 with pretty much every add on available for the car. I asked the dealer to give me numbers on the lease and this is what they came back with... the residual looks off? Do these numbers seem to line up with the market or is something out of line here?

1. MSRP - $67,240

2. Adjusted CAP cost - $55,991

3. Money factor - the rate now is .00112

4. Amount due on signing - $4,733

5. Please list all seperate incentives available (including but not only tax rebates) and how are they being applied to the car? - $5,002 tax lease rebate $800 allowance

6. Residual % - For 36 months 49%

Thanks in advance

Michaell

not_so_new said:

As I mentioned earlier in the thread, we are looking at a 2018 T8 with pretty much every add on available for the car. I asked the dealer to give me numbers on the lease and this is what they came back with... the residual looks off? Do these numbers seem to line up with the market or is something out of line here?

1. MSRP - $67,240

2. Adjusted CAP cost - $55,991

3. Money factor - the rate now is .00112

4. Amount due on signing - $4,733

5. Please list all seperate incentives available (including but not only tax rebates) and how are they being applied to the car? - $5,002 tax lease rebate $800 allowance

6. Residual % - For 36 months 49%

Thanks in advance

For T8 Inscription, .00112 and 49% are correct for 36/15

With the MSRP and adjusted CAP provided, I get $740/mo plus tax.

not_so_new

Thanks, technically it's a 35/10, does that change the MF or residual?

Also, he is saying the monthly number is $711, but that's probably because of the 10k miles.

Michaell

not_so_new said:

Thanks, technically it's a 35/10, does that change the MF or residual?

Also, he is saying the monthly number is $711, but that's probably because of the 10k miles.

52% residual for 36/10

kyfdx

not_so_new said:

Thanks, technically it's a 35/10, does that change the MF or residual?

Also, he is saying the monthly number is $711, but that's probably because of the 10k miles.

Technically, it's 36/10. Just because you aren't making the first payment, doesn't make it a 35 month lease. You have the car for 36 months, right?

not_so_new

kyfdx said:

not_so_new said:

Thanks, technically it's a 35/10, does that change the MF or residual?

Also, he is saying the monthly number is $711, but that's probably because of the 10k miles.

Technically, it's 36/10. Just because you aren't making the first payment, doesn't make it a 35 month lease. You have the car for 36 months, right?

That was a typo on my part. Yes, 36 months.

And you are saying I should have a 52% residual on 36/10. Based on that because the dealer has 49% that means they either made a mistake or they are trying to do something with the numbers?

gofigure000

Hi there, thank you for all the information, i've got a phenomenal deal from a dealer in GA on a T6 Momentum.

That being said, I'm being to told to sign a GA Department of Revenue Motor Vehicle Division Limited Power of Attorney form.

Since i'm a resident of TN and am not paying any GA taxes (confirmed by the dealer), shouldn't I only have to sign a TN Power of Attorney form to transfer the title to my home state (TN)?

Any help would be much appreciated!

Michaell

gofigure000 said:

Hi there, thank you for all the information, i've got a phenomenal deal from a dealer in GA on a T6 Momentum.

That being said, I'm being to told to sign a GA Department of Revenue Motor Vehicle Division Limited Power of Attorney form.

Since i'm a resident of TN and am not paying any GA taxes (confirmed by the dealer), shouldn't I only have to sign a TN Power of Attorney form to transfer the title to my home state (TN)?

Any help would be much appreciated!

sorry, can't offer up any legal advice - check with the TN DMV to see what the procedure is. I've got to believe you aren't the first person to buy or lease a car in GA as a TN resident

gofigure000

Michaell said:

sorry, can't offer up any legal advice - check with the TN DMV to see what the procedure is. I've got to believe you aren't the first person to buy or lease a car in GA as a TN resident

ok no worries, appreciate you letting me know

kyfdx

not_so_new said:

kyfdx said:

not_so_new said:

Thanks, technically it's a 35/10, does that change the MF or residual?

Also, he is saying the monthly number is $711, but that's probably because of the 10k miles.

Technically, it's 36/10. Just because you aren't making the first payment, doesn't make it a 35 month lease. You have the car for 36 months, right?

That was a typo on my part. Yes, 36 months.

And you are saying I should have a 52% residual on 36/10. Based on that because the dealer has 49% that means they either made a mistake or they are trying to do something with the numbers?

I'd say they just quoted you a number off the sheet. The default mileage is 15K/yr. You have to add 3% for 10K/yr. The dealer can't alter the residual.

kyfdx

gofigure000 said:

Hi there, thank you for all the information, i've got a phenomenal deal from a dealer in GA on a T6 Momentum.

That being said, I'm being to told to sign a GA Department of Revenue Motor Vehicle Division Limited Power of Attorney form.

Since i'm a resident of TN and am not paying any GA taxes (confirmed by the dealer), shouldn't I only have to sign a TN Power of Attorney form to transfer the title to my home state (TN)?

Any help would be much appreciated!

I buy across state lines often. You sign the power of attorney for the state where the dealer is located. (at least, in my experience)

sport123

Are there any numbers available for a 2017 T5 AWD Inscription ? 36mos / 10k. There are a few around with $10k off. Thanks

Michaell

sport123 said:

Are there any numbers available for a 2017 T5 AWD Inscription ? 36mos / 10k. There are a few around with $10k off. Thanks

This is the 2018 XC60 thread; the 2017 thread can be found here:

https://forums.edmunds.com/discussion/43090/volvo/xc60/2017-volvo-xc60-lease-questions#latest

not_so_new

So the dealer is saying the the residual is 49%, above you said that should be 52%.... does that mean the dealer is trying to keep that 3%? Is this a negotiable or something? I just wanted to see what I should expect.

Michaell

not_so_new said:

So the dealer is saying the the residual is 49%, above you said that should be 52%.... does that mean the dealer is trying to keep that 3%? Is this a negotiable or something? I just wanted to see what I should expect.

The residual is not negotiable; it is set by the bank.

49% is the 15K residual.

philipp030

You guys have the November numbers for a 2018 Volvo XC60 AWD T5 Momentum, MSRP $43,090, 36mos / 10k in South Florida? Thank you!

kyfdx

philipp030 said:

You guys have the November numbers for a 2018 Volvo XC60 AWD T5 Momentum, MSRP $43,090, 36mos / 10k in South Florida? Thank you!

.00047 MF and 56% residual
$800 lease cash

bdogs13

Please provide MF and RV for 2018 Volvo XC60 T8 Insciption in CO for 36 and 48 mo. lease at 15k miles/year. Thanks!

vrtheone

Can you please share the MF and RV numbers for T5, T6 and T8 (all Momentum Trim) for 24m/10k lease in SoCal ?

Michaell

bdogs13 said:

Please provide MF and RV for 2018 Volvo XC60 T8 Insciption in CO for 36 and 48 mo. lease at 15k miles/year. Thanks!

Skip 48 months; the numbers are terrible

36/15 - .00112 and 49%
$800 lease bonus
$5002 non-cash credit

Michaell

vrtheone said:

Can you please share the MF and RV numbers for T5, T6 and T8 (all Momentum Trim) for 24m/10k lease in SoCal ?

T5 MOM - .00047 and 66%
T6 MOM - .00008 and 64%
T8 MOM - .00127 and 61%
$800 lease bonus
$5002 non-cash credit on T8 only

JulieM1024

Can I have the MF and residual for a 2018 Volvo xc60 T5 R Design 36mos 12k in NY?

speedydash

2018 XC60 Inscription T6 AWD (Vision, Luxury, Convenience, Advance) 36mo/15K in Mass 01801. Top credit. Any lease cash, incentives or bonuses? Any dealer incentives?

What is a fair purchase price?  Any special cash, incentives or bonuses? Any dealer incentives?

Thank you

Michaell

JulieM1024 said:

Can I have the MF and residual for a 2018 Volvo xc60 T5 R Design 36mos 12k in NY?

.00041 and 56%
$800 lease bonus

Michaell

speedydash said:

2018 XC60 Inscription T6 AWD (Vision, Luxury, Convenience, Advance) 36mo/15K in Mass 01801. Top credit. Any lease cash, incentives or bonuses? Any dealer incentives?

What is a fair purchase price?  Any special cash, incentives or bonuses? Any dealer incentives?

Thank you

.00024 and 52%
$800 lease bonus

Yong Woo An

2018 XC60 Momentum T5 AWD (Vision), 36mo/12K, in NM. Top credit. Any lease cash? Thanks!

kyfdx

navyseal_47 said:

2018 XC60 Momentum T5 AWD (Vision), 36mo/12K, in NM. Top credit. Any lease cash? Thanks!

.00047 MF and 55% residual
$800 Lease Bonus

pbenson1

Could you please provide me numbers for a 2018 XC60 Momentum, 36mo/15k in both T5 and T6 in southeast Michigan? Thank you!

kyfdx

pbenson1 said:

Could you please provide me numbers for a 2018 XC60 Momentum, 36mo/15k in both T5 and T6 in southeast Michigan? Thank you!

T5: .00047 MF and 53% residual
T6: .00008 MF and 51% residual

$800 lease bonus

Yong Woo An

Hi, I have received an email from a dealership with the following information.
Wondering if you can tell me if it is reasonable.

Volvo XC60 T5 AWD 39 month lease with 12k miles.

MSRP- 44,190
Money Factor- .0015
Residual Value- 53%
Cap cost, includes 800 dealer bonus - 43,390
Your drive off which includes first payment plus fees-1204

I remember MF in NM is 0.00047 and 55% RV with $800 Lease Bonus for 36mo/12k.

Is that b/c of 39mo instead of 36mo?

Michaell

navyseal_47 said:

Hi, I have received an email from a dealership with the following information.
Wondering if you can tell me if it is reasonable.

Volvo XC60 T5 AWD 39 month lease with 12k miles.

MSRP- 44,190
Money Factor- .0015
Residual Value- 53%
Cap cost, includes 800 dealer bonus - 43,390
Your drive off which includes first payment plus fees-1204

I remember MF in NM is 0.00047 and 55% RV with $800 Lease Bonus for 36mo/12k.

Is that b/c of 39mo instead of 36mo?

.00047 and 55% are correct for 36/12; 53% is the 39/12 residual

With the prices provided, I get $562/mo plus tax for 36 months, or $543/mo plus tax for 39 months.

What payment is the dealer quoting you?

Yong Woo An

They have not provided me price yet. Should I ask how much it will be including tax?

Michaell

navyseal_47 said:

They have not provided me price yet. Should I ask how much it will be including tax?

Sure, and let us know the tax rate, as well.

ibis8181

Hello. Could you please share the RV and MF for a T6 Inscription for 36 and 39 months - 10k miles / year. Excellent Credit.

Thanks

Yong Woo An

Once I hear back from the dealer, I will post here. Thank you for your help!!!

Yong Woo An

I personally sent a message to Michaell because I was not sure if it is appropriate posting a document they sent me.

kyfdx

ibis8181 said:

Hello. Could you please share the RV and MF for a T6 Inscription for 36 and 39 months - 10k miles / year. Excellent Credit.

Thanks

.00024 MF and 55%/53% residual
$800 Lease Bonus

Michaell

navyseal_47 said:

I personally sent a message to Michaell because I was not sure if it is appropriate posting a document they sent me.

If you edit the document to remove any contact information, post away.

mateuz

Can I get MF and Residual for T5 Momentum for 24, 36, and 39 at 7500, 10000, and 12000 miles? In PA.

mateuz

Michaell said:

vrtheone said:

Can you please share the MF and RV numbers for T5, T6 and T8 (all Momentum Trim) for 24m/10k lease in SoCal ?

T5 MOM - .00047 and 66%
T6 MOM - .00008 and 64%
T8 MOM - .00127 and 61%
$800 lease bonus
$5002 non-cash credit on T8 only

Wait. They're giving an extra $5K on the T8? Is that just SoCal?

Michaell

mateuz said:

Michaell said:

vrtheone said:

Can you please share the MF and RV numbers for T5, T6 and T8 (all Momentum Trim) for 24m/10k lease in SoCal ?

T5 MOM - .00047 and 66%
T6 MOM - .00008 and 64%
T8 MOM - .00127 and 61%
$800 lease bonus
$5002 non-cash credit on T8 only

Wait. They're giving an extra $5K on the T8? Is that just SoCal?

No, it's national.