2018 Volvo S60 Lease Deals and Prices

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Comments

  • jrogers5jrogers5 Member Posts: 11
    Hi, do you have numbers for 2018 S60 Cross Country T5 AWD in NY/CT?

    24/10, 24/12, 36/10, 36/12

    Thanks again for all your help!
  • bekisovbekisov Member Posts: 25
    kyfdx,

    I appreciate all your help. I am not expert by any means, just trying to understand better how leases work and hopefully through education I can get good deals.

    On my current lease, MSRP was $42,665 as stated earlier. The agreed upon value of the vehicle is stated as 31,131.57. This is 27% less than the MSRP. These are all my numbers as they appear on my lease agreement:

    1. Amount Due at Lease Signing $3,818.00
    2. First payment of $249.00 (at lease signing) and 23 payments of $249.00. The total of monthly payments $5,976.00.
    3. Other Charges: 350.00 (turn in fee).
    4. Total Payments $9,895.00
    5. a. Capitalized cost reduction $3,569.00
    b. First Monthly payment $249.00
    Total $3,818.00
    6. a. Net trade-in allowance: N/A
    b. Rebates and Noncash credits $1,000.00
    c. Amount to be paid in cash $2,818.00
    Total $3,818.00
    7. Gross Capitalized Cost (agreed vehicle cost $31,131.57): $32,998.13
    8. Capitalized Cost Reduction: $3,569.00
    9. Adjusted Capitalized Cost: $29,429.13
    10. Residual Value $23,465.75
    11. Depreciation and Any Amortized Amounts $5,963.38
    12. Rent Charge $12.62
    13. Total of Base Monthly Payments $5,976.00
    14. Lease Pmts 24
    15. Base Monthly Pmt $249.00
    16. N/A
    17. N/A
    18. N/A
    19. N/A
    20. Total Monthly Payment $249.00

    25. Itemization of Gross Capitalized Cost
    a. Agreed upon value #31,131.57
    b. Sales/use Tax $607.06
    c. License, Title, and Registration Fees $265.50
    e. Dealer Documentation Fee $299.00
    h. Acquisition Fee $695.00
    m. Total = Gross Capitalized Cost $32,998.13

    Would you say this was a good dear or great deal.
    In my limited understanding of leases, I am just plugging in similar numbers.

    Thanks,

    Bek
  • MichaellMichaell Moderator Posts: 251,931
    jrogers5 said:

    Hi, do you have numbers for 2018 S60 Cross Country T5 AWD in NY/CT?

    24/10, 24/12, 36/10, 36/12

    Thanks again for all your help!

    .00068 and 57% (24/12) or 52% (36/12)
    Add 1% for 10K
    $2000 Volvo allowance
    $2500 lease bonus

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  • qbrozenqbrozen Member Posts: 33,289
    Were you targeting $249 for some reason? Maybe I'm reading it wrong, but if I back out all the fees and tax from the cap cost reduction, it looks like you are putting down about $1700? I THINK if you roll that in you should be around $319? Maybe?

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  • kyfdxkyfdx Moderator Posts: 253,271
    bekisov said:

    kyfdx,

    I appreciate all your help. I am not expert by any means, just trying to understand better how leases work and hopefully through education I can get good deals.

    On my current lease, MSRP was $42,665 as stated earlier. The agreed upon value of the vehicle is stated as 31,131.57. This is 27% less than the MSRP. These are all my numbers as they appear on my lease agreement:

    1. Amount Due at Lease Signing $3,818.00
    2. First payment of $249.00 (at lease signing) and 23 payments of $249.00. The total of monthly payments $5,976.00.
    3. Other Charges: 350.00 (turn in fee).
    4. Total Payments $9,895.00
    5. a. Capitalized cost reduction $3,569.00
    b. First Monthly payment $249.00
    Total $3,818.00
    6. a. Net trade-in allowance: N/A
    b. Rebates and Noncash credits $1,000.00
    c. Amount to be paid in cash $2,818.00
    Total $3,818.00
    7. Gross Capitalized Cost (agreed vehicle cost $31,131.57): $32,998.13
    8. Capitalized Cost Reduction: $3,569.00
    9. Adjusted Capitalized Cost: $29,429.13
    10. Residual Value $23,465.75
    11. Depreciation and Any Amortized Amounts $5,963.38
    12. Rent Charge $12.62
    13. Total of Base Monthly Payments $5,976.00
    14. Lease Pmts 24
    15. Base Monthly Pmt $249.00
    16. N/A
    17. N/A
    18. N/A
    19. N/A
    20. Total Monthly Payment $249.00

    25. Itemization of Gross Capitalized Cost
    a. Agreed upon value #31,131.57
    b. Sales/use Tax $607.06
    c. License, Title, and Registration Fees $265.50
    e. Dealer Documentation Fee $299.00
    h. Acquisition Fee $695.00
    m. Total = Gross Capitalized Cost $32,998.13

    Would you say this was a good dear or great deal.
    In my limited understanding of leases, I am just plugging in similar numbers.

    Thanks,

    Bek

    It might have been a very good deal, but with $3818 due at signing on a 24 month lease, your actual cost per month was $399/mo. Not very different from your current offer (though for 36 months, this time).

    It's not really relevant to your current situation, though. Now, you've got $3750 of extra charges to deal with.

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  • kyfdxkyfdx Moderator Posts: 253,271
    qbrozen said:

    Were you targeting $249 for some reason? Maybe I'm reading it wrong, but if I back out all the fees and tax from the cap cost reduction, it looks like you are putting down about $1700? I THINK if you roll that in you should be around $319? Maybe?

    Those figures are from his last lease, not the one he is negotiating now.

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  • bekisovbekisov Member Posts: 25
    Thank you all. This forum is very informative and helpful.

    Staying with 2018 S60 Inscription AWD, for NJ

    What would be the numbers for:

    24/10, 24/12, 24/15
    36/12, 36/15

    I already have the numbers for 36/10.
  • MichaellMichaell Moderator Posts: 251,931
    bekisov said:

    Thank you all. This forum is very informative and helpful.

    Staying with 2018 S60 Inscription AWD, for NJ

    What would be the numbers for:

    24/10, 24/12, 24/15
    36/12, 36/15

    I already have the numbers for 36/10.

    Starting with the 36/10 numbers, subtract 1% for 36/12, and 3% for 36/15

    Same MF for 24/10, residual is 57%; same adjustments as above for 12K or 15K

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  • lapaddlerlapaddler Member Posts: 25
    Can I have the MF, residual and incentives for 2018 S60 T5 Inscription in So. Cal?
    Can you provide the same for S60 T5 Dynamic?
  • MichaellMichaell Moderator Posts: 251,931
    lapaddler said:

    Can I have the MF, residual and incentives for 2018 S60 T5 Inscription in So. Cal?
    Can you provide the same for S60 T5 Dynamic?

    FWD or AWD?

    What lease term and howmany miles per year?

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  • lapaddlerlapaddler Member Posts: 25
    Michaell said:
    Can I have the MF, residual and incentives for 2018 S60 T5 Inscription in So. Cal? Can you provide the same for S60 T5 Dynamic?
    FWD or AWD? What lease term and howmany miles per year?


    36/10.  FWD
  • MichaellMichaell Moderator Posts: 251,931
    lapaddler said:


    Michaell said:

    lapaddler said:

    Can I have the MF, residual and incentives for 2018 S60 T5 Inscription in So. Cal?
    Can you provide the same for S60 T5 Dynamic?

    FWD or AWD?

    What lease term and howmany miles per year?


    36/10.  FWD

    .00105 and 51%
    $2000 Volvo allowance
    $2500 lease bonus

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  • lapaddlerlapaddler Member Posts: 25
    Is that for dynamic or inscription? Can you give numbers for both?
  • kyfdxkyfdx Moderator Posts: 253,271
    lapaddler said:

    Is that for dynamic or inscription? Can you give numbers for both?

    That was for Dynamic.

    Inscription money factor is .00030.
    All other variables are the same

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  • lapaddlerlapaddler Member Posts: 25
    Went to the dealer today in So. Cal. I am turning in a 2015 S60. I assume I get the $1000 loyalty plus the 2000 allowance and 2500 lease cash. Based on the deal below they discounted the car $2500 off the sticker then added another $500 "rebate"

    They had acquisition fee listed as 995. Is this too high? Land Rover is $875.

    Inscription FWD 36/10 lease

    MSRP 42,035
    Discount 8000
    Sell Price 34035
    Doc Fee . 80
    Acquisition 995
    LIcense 437
    Cap Fee 37.75
    Gross Cap 35147.75

    Customer
    Cash 959.35
    Rebate . 500

    Amt Applied upfront 908.03
    Total Cap Reduction 551.32
    Net Cap Cost 34,596.43

    Upfront charges 489.38
    Initial Payment . 1459.35
    Due on Delivery 959.35

    Base Monthly Payment 382.33
    Tax (9.25%) . 36.32
    Total Monthly . 418.65

    This was basically the first go around without negotiating. Think I can do better?
  • kyfdxkyfdx Moderator Posts: 253,271
    lapaddler said:

    Went to the dealer today in So. Cal. I am turning in a 2015 S60. I assume I get the $1000 loyalty plus the 2000 allowance and 2500 lease cash. Based on the deal below they discounted the car $2500 off the sticker then added another $500 "rebate"

    They had acquisition fee listed as 995. Is this too high? Land Rover is $875.

    Inscription FWD 36/10 lease

    MSRP 42,035
    Discount 8000
    Sell Price 34035
    Doc Fee . 80
    Acquisition 995
    LIcense 437
    Cap Fee 37.75
    Gross Cap 35147.75

    Customer
    Cash 959.35
    Rebate . 500

    Amt Applied upfront 908.03
    Total Cap Reduction 551.32
    Net Cap Cost 34,596.43

    Upfront charges 489.38
    Initial Payment . 1459.35
    Due on Delivery 959.35

    Base Monthly Payment 382.33
    Tax (9.25%) . 36.32
    Total Monthly . 418.65

    This was basically the first go around without negotiating. Think I can do better?

    .00030 MF and 51% residual
    I think the $500 rebate is the loyalty. We don't show $1000

    $8000 off is the incentive + $3500 discount, not $2500.

    Acquisition fee is marked up maximum allowed from $695 base.

    Given the rest of the numbers, the payment calculation is exact.

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  • lapaddlerlapaddler Member Posts: 25
    Thanks. Volvo USA website says there is a $1000 loyalty bonus. Looks like only way to do better is knock off $300 from the acquisition fee and/or try to get a bigger discount.
  • cmancdf1cmancdf1 Member Posts: 18
    lapaddler said:

    Thanks. Volvo USA website says there is a $1000 loyalty bonus. Looks like only way to do better is knock off $300 from the acquisition fee and/or try to get a bigger discount.

    Good luck getting the acquisiton fee reduced. None of the Volvo dealers in my area (4 dealerships) would budge on that marked-up fee, but did budge on marked-up money factor. Very frustrating because I know they're obviously making money on other aspects of the deal and are just being greedy...
  • mgrmitchmgrmitch Member Posts: 30
    edited April 2018
    Can I get RV and MV on 2018 Volvo S60 inseption AWD 36/15k and 36/12k
  • weedyweedy Member Posts: 7
    DO we know anything yet about May incentives or changes?
  • kyfdxkyfdx Moderator Posts: 253,271
    mgrmitch said:

    Can I get RV and MV on 2018 Volvo S60 inseption AWD 36/15k and 36/12k

    Incentives are regional. What zip?

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  • kyfdxkyfdx Moderator Posts: 253,271
    weedy said:

    DO we know anything yet about May incentives or changes?

    We have the May programs.
    Trim, term, mileage, zip code?

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  • weedyweedy Member Posts: 7
    36 mos
    15k
    10566
    Momentum

    thanks
  • mgrmitchmgrmitch Member Posts: 30
    kyfdx said:

    mgrmitch said:

    Can I get RV and MV on 2018 Volvo S60 inseption AWD 36/15k and 36/12k

    Incentives are regional. What zip?
    MASS 01720
  • weedyweedy Member Posts: 7
    edited May 2018
    weedy said:

    36 mos
    15k
    10566
    Momentum

    thanks

    should have said Dynamic T5 FWD
    (sorry, I had the xc40 on the brain)
  • MichaellMichaell Moderator Posts: 251,931
    mgrmitch said:

    kyfdx said:

    mgrmitch said:

    Can I get RV and MV on 2018 Volvo S60 inseption AWD 36/15k and 36/12k

    Incentives are regional. What zip?
    MASS 01720
    36/15 - .00022 and 48%; add 2% for 12K
    $2000 Volvo allowance
    $2750 lease bonus

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  • MichaellMichaell Moderator Posts: 251,931
    weedy said:

    weedy said:

    36 mos
    15k
    10566
    Momentum

    thanks

    should have said Dynamic T5 FWD
    (sorry, I had the xc40 on the brain)
    .00100 and 47%
    $2000 Volvo allowance
    $2750 lease bonus

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  • donbute1donbute1 Member Posts: 11
    Hi,

    Can I can have the numbers for a T5 Dynamic AWD in RI?  I am looking for the MF and residual for 36 month/10K lease.  Thanks - Don
  • kyfdxkyfdx Moderator Posts: 253,271
    donbute1 said:

    Hi,

    Can I can have the numbers for a T5 Dynamic AWD in RI?  I am looking for the MF and residual for 36 month/10K lease.  Thanks - Don

    .00090 MF and 50% residual
    $2000 Volvo Allowance
    $2750 Lease Bonus

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  • shadyshadesshadyshades Member Posts: 9
    2018 VOLVO S60 T5 FWD DYNAMIC 36/12k

    RV and MF for 46278

    Incentives are 2k + 2.75k?
  • MichaellMichaell Moderator Posts: 251,931

    2018 VOLVO S60 T5 FWD DYNAMIC 36/12k

    RV and MF for 46278

    Incentives are 2k + 2.75k?

    Volvo incentives are regional; what ZIP is this?

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  • shadyshadesshadyshades Member Posts: 9
    Michaell said:

    2018 VOLVO S60 T5 FWD DYNAMIC 36/12k

    RV and MF for 46278

    Incentives are 2k + 2.75k?

    Volvo incentives are regional; what ZIP is this?
    46278
  • MichaellMichaell Moderator Posts: 251,931

    Michaell said:

    2018 VOLVO S60 T5 FWD DYNAMIC 36/12k

    RV and MF for 46278

    Incentives are 2k + 2.75k?

    Volvo incentives are regional; what ZIP is this?
    46278
    .00100 and 49%
    $2000 Volvo allowance
    $2750 lease bonus

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  • volvoagainvolvoagain Member Posts: 1
    Hello what do you see for a 2018 T5 Inscription 36/12K for zip 33412 FLA?
  • MichaellMichaell Moderator Posts: 251,931

    Hello what do you see for a 2018 T5 Inscription 36/12K for zip 33412 FLA?

    Assuming FWD, .00022 and 49%
    $2750 lease bonus
    $2000 Volvo allowance

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  • roubaudroubaud Member Posts: 80
    T5 dynamic FWD, 36/10, 68522 -- and incentives please. TY!
  • kyfdxkyfdx Moderator Posts: 253,271
    roubaud said:

    T5 dynamic FWD, 36/10, 68522 -- and incentives please. TY!

    .00100 MF and 50% residual
    $2000 Volvo Allowance
    $2750 lease bonus

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  • jester6435jester6435 Member Posts: 15
    May I please have MF/RV for: T5 Inscription and Momentum in AWD - Region 05641 - 36/12
    Thank you!
  • MichaellMichaell Moderator Posts: 251,931

    May I please have MF/RV for: T5 Inscription and Momentum in AWD - Region 05641 - 36/12
    Thank you!

    T5 INSC - .00022 and 50%; $2750 lease bonus and $2000 Volvo allowance
    T5 MOM - I do not see this trim level available in the S60

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  • craigscott39craigscott39 Member Posts: 14
    2018 S60 Polestar T6 Sedan, 10K per year or 7.5K per year, 36 months, 91030... RV, MF with Max msd, and incentives with Costco and a-plan?
  • craigscott39craigscott39 Member Posts: 14
    Also same for 2018 S60 T5 Platinum AWD Cross Country Sedan, 91030
  • MichaellMichaell Moderator Posts: 251,931

    2018 S60 Polestar T6 Sedan, 10K per year or 7.5K per year, 36 months, 91030... RV, MF with Max msd, and incentives with Costco and a-plan?

    .00123 and 50% for 36/10; add 1% for 7.5K
    $4750 lease incentives

    No info on Costco or A-Plan

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  • MichaellMichaell Moderator Posts: 251,931

    Also same for 2018 S60 T5 Platinum AWD Cross Country Sedan, 91030

    .00039 and 51% / 52%
    Same $4750 incentives

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  • MZA212MZA212 Member Posts: 355
    Hello Need numbers for S60 Inscription FWD in 33025
    36/7.5, 10, 12 and 15k.
    24/7.5, 10, 12 and 15k.
    Thanks.
  • MichaellMichaell Moderator Posts: 251,931
    mzia said:

    Hello Need numbers for S60 Inscription FWD in 33025
    36/7.5, 10, 12 and 15k.
    24/7.5, 10, 12 and 15k.
    Thanks.

    .00022 and 51% (24/15) or 47% (36/15)
    $4750 lease incentives
    Add 4% / 3% / 2% for 7.5/10/12

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  • rlembkerlembke Member Posts: 39
    Can I get numbers for S60 Inscription Platinum AWD in KS 66224

    36/12

    Thanks!
  • MichaellMichaell Moderator Posts: 251,931
    rlembke said:

    Can I get numbers for S60 Inscription Platinum AWD in KS 66224

    36/12

    Thanks!

    .00022 and 49%
    $4750 lease incentives

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  • sport123sport123 Member Posts: 18
    Would you have the numbers for a FWD Dynamic ? 36kmos / 7500 miles in MO ? Thanks
  • MichaellMichaell Moderator Posts: 251,931
    sport123 said:

    Would you have the numbers for a FWD Dynamic ? 36kmos / 7500 miles in MO ? Thanks

    .00100 and 51%
    $2750 lease bonus
    $2000 Volvo allowance

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  • masonhkbmasonhkb Member Posts: 14
    Hi, Can I please get numbers for S60 AWD Inscription platinum 36/12 in 20120-northern virginia?
    Thank you in advance.
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