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Volvo XC60

LuisSLuisS FloridaPosts: 6
edited January 8 in Volvo
HI! What is the residual, MF and lease or loyalty credit( if any) for 2019Volvo XC60 T5 Insc or T6 Insc, 36/12 Zip 33635
Thank You!
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  • MichaellMichaell ColoradoPosts: 107,333
    LuisS said:

    HI! What is the residual, MF and lease or loyalty credit( if any) for 2019Volvo XC60 T5 Insc or T6 Insc, 36/12 Zip 33635
    Thank You!

    T5 - FWD or AWD?
    T6 INSC - .00062 and 54%; no lease incentives

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • LuisSLuisS FloridaPosts: 6
    T5 - AWD
  • MichaellMichaell ColoradoPosts: 107,333
    LuisS said:

    HI! What is the residual, MF and lease or loyalty credit( if any) for 2019Volvo XC60 T5 Insc or T6 Insc, 36/12 Zip 33635
    Thank You!

    LuisS said:

    T5 - AWD

    .00063 and 55%
    no lease incentives

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mfreemottmfreemott Deer park il Posts: 2
    What’s residual and mf for 2018 xc60 t6 for 36/12k. Has 4K miles ex demo car
  • mfreemottmfreemott Deer park il Posts: 2
    What’s residual and mf for 2018 xc60 t6 for 36/12k. Has 4K miles ex demo car zip 600610
  • MichaellMichaell ColoradoPosts: 107,333
    mfreemott said:

    What’s residual and mf for 2018 xc60 t6 for 36/12k. Has 4K miles ex demo car zip 600610

    What trim level?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • PA27PA27 98027Posts: 8
    Hi,
    I am planning to lease XC60 T6 Inscription AWD with MSRP - $61760 and Total Discounts - $7038
    Zip 98027, Tax- 10.3%, Money Factor - .00132 and Down payment $2500
    36 Month Lease - Residual - 55% - $803
    39 Month Lease - Residual - 54% - $770

    When I am calculating the numbers using online tools I am getting a lesser monthly payment. Please advise if this is a good deal. Is the discounting good enough?
  • kyfdxkyfdx Posts: 116,380
    PA27 said:

    Hi,
    I am planning to lease XC60 T6 Inscription AWD with MSRP - $61760 and Total Discounts - $7038
    Zip 98027, Tax- 10.3%, Money Factor - .00132 and Down payment $2500
    36 Month Lease - Residual - 55% - $803
    39 Month Lease - Residual - 54% - $770

    When I am calculating the numbers using online tools I am getting a lesser monthly payment. Please advise if this is a good deal. Is the discounting good enough?

    10K/yr?

    Is $2500 the full amount Due at Signing? If so, you can't enter it as all downpayment, as the first payment has to be paid out of that amount.

    Did you add in the $695 acquisition fee (often marked up to $995)?

    The money factor is marked up from the .00062 base rate. (that's a big markup)

    What about WA DMV registration fees? Those are very high.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • PA27PA27 98027Posts: 8
    The miles are 10k/ur. 2500$ is drive off payment which includes licensing and first down payment. The licensing cost has increased a lot in king county (600$ included) The acquisition fees is included in the lease calculations which is 995$. The above quote is given by a dealer.

    What should the payment look like with 1500$ drive off payment ( first month payment and licensing ) with base money factor .00062 for the same car with 39 months and 54 % residual. According to my calculations it should be $650-$670. In my calculations I added the acq fees to capital value of the car and subtracted the licensing fees from the 1500$ payment.
  • kyfdxkyfdx Posts: 116,380
    PA27 said:

    The miles are 10k/ur. 2500$ is drive off payment which includes licensing and first down payment. The licensing cost has increased a lot in king county (600$ included) The acquisition fees is included in the lease calculations which is 995$. The above quote is given by a dealer.

    What should the payment look like with 1500$ drive off payment ( first month payment and licensing ) with base money factor .00062 for the same car with 39 months and 54 % residual. According to my calculations it should be $650-$670. In my calculations I added the acq fees to capital value of the car and subtracted the licensing fees from the 1500$ payment.

    $629/mo. plus tax = $694/mo.

    I added in $995 for acquisition, and subtracted your savings for an adjusted CAP of $55,717.
    That assumes you make first payment and all other fees upfront.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • PA27PA27 98027Posts: 8
    Thanks a lot for sharing the details and helping me in understanding the breakup.

    What should be the payments for the following:

    Volvo XC60 T5 inscription
    MSRP - 55150
    Discount - 6000
    Lease Term - 39
    Miles - 10k/yr
    Sales Tax - 10.3
    Zip code 98027

    Drive off payment - first month payment and licensing cost (~800$)

    In addition does the residual change with 12k/yr.

  • kyfdxkyfdx Posts: 116,380
    PA27 said:

    Thanks a lot for sharing the details and helping me in understanding the breakup.

    What should be the payments for the following:

    Volvo XC60 T5 inscription
    MSRP - 55150
    Discount - 6000
    Lease Term - 39
    Miles - 10k/yr
    Sales Tax - 10.3
    Zip code 98027

    Drive off payment - first month payment and licensing cost (~800$)

    In addition does the residual change with 12k/yr.

    FWD or AWD?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • PA27PA27 98027Posts: 8
    Its an AWD
  • kyfdxkyfdx Posts: 116,380
    edited February 12
    PA27 said:

    Thanks a lot for sharing the details and helping me in understanding the breakup.

    What should be the payments for the following:

    Volvo XC60 T5 inscription
    MSRP - 55150
    Discount - 6000
    Lease Term - 39
    Miles - 10k/yr
    Sales Tax - 10.3
    Zip code 98027

    Drive off payment - first month payment and licensing cost (~800$)

    In addition does the residual change with 12k/yr.

    PA27 said:

    Its an AWD

    .00063 MF and 55% residual
    Adding the $995 acquisition fee to the CAP
    $559/mo.+tax = $617/mo.
    Assuming all other fees and first payment are paid upfront

    12K lowers the residual by 1%, and raises the payment to $632/mo

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • PA27PA27 98027Posts: 8
    Thanks a lot for sharing the numbers, now I am able to relate how the lease calculations are computed :). I will post the final numbers once I finalize the deal.
    The car which I am looking for will be coming in the month of march 1st week, does it affect anything on the payments?
  • MichaellMichaell ColoradoPosts: 107,333
    PA27 said:

    Thanks a lot for sharing the numbers, now I am able to relate how the lease calculations are computed :). I will post the final numbers once I finalize the deal.
    The car which I am looking for will be coming in the month of march 1st week, does it affect anything on the payments?

    There will be new program numbers in March. No predictions on what, if anything, will change.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

This discussion has been closed.