2020 Volvo S60 Lease Deals and Prices

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  • kyfdxkyfdx Moderator Posts: 267,571
    e500e said:

    kyfdx said:

    e500e said:

    2020 T5 FWD Momentum residual/mf (36/12)
    Zip 01545, what incentives do I qualify for that can be stacked with the $2000, for medical professional/teacher incentives and want to see what else I qualify for. Not a returning Volvo customer.

    .00086 MF and 52% residual

    $2000 Volvo Allowance
    $2500 lease bonus

    No info on the other possible incentives
    $2000 Volvo Allowance
    $2500 lease bonus
    PLUS $2000 medical? All stacked, so $6,500 total??
    I have no info on medical

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  • CJLMIRAGECJLMIRAGE Member Posts: 9
    Medical does not stack with conquest or loyalty afaik.
  • mully1983mully1983 Member Posts: 26
    I read somewhere that Volvo has a $1,000 conquest for current owners of Acura, Infiniti, or Lexus. Can someone validate this is accurate? Also, is the MF and Residual national for Volvo or Regional?
  • kyfdxkyfdx Moderator Posts: 267,571
    mully1983 said:

    I read somewhere that Volvo has a $1,000 conquest for current owners of Acura, Infiniti, or Lexus. Can someone validate this is accurate? Also, is the MF and Residual national for Volvo or Regional?

    MF and residual is national. Incentives vary by region.

    Conquest incentives could also vary by region. What is your location?

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  • mully1983mully1983 Member Posts: 26
    60540- Suburbs of Chicago, IL. Thank you.
  • kyfdxkyfdx Moderator Posts: 267,571
    mully1983 said:

    60540- Suburbs of Chicago, IL. Thank you.

    I don't see a conquest bonus in your region (The NE has one).

    Don't take that as gospel, though. Check with a local dealer.

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  • mully1983mully1983 Member Posts: 26
    Makes sense, thank you. The person talking about the conquest was in New Jersey. What are the current incentives on S60's in 60540?
  • kyfdxkyfdx Moderator Posts: 267,571
    mully1983 said:

    Makes sense, thank you. The person talking about the conquest was in New Jersey. What are the current incentives on S60's in 60540?

    Which trim?
    What term and mileage allowance?

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  • luxhomeatlluxhomeatl Member Posts: 9
    Could I please have numbers on T6 Momentum AWD and T6 R-design AWD, 24/12k for 30305. Thanks!
  • SEMI_345SEMI_345 Member Posts: 54
    Michaell said:

    SEMI_345 said:

    kyfdx said:

    SEMI_345 said:

    Hello,
    MF/Rv and incentives
    2020 Volvo S60 R design T6 and T5
    Zip 10549

    36/15

    T5: .00032 MF and 49% residual
    T6: .00095 MF and 52% residual

    $2500 lease bonus
    Does that lease bonus include the 2000, for medical professional/teacher incentives
    No
    So $4500 should rebates? Is that different for everyone or everyone gets that lease bonus and some dealerships are just using it to discount there vehicles with it
  • kyfdxkyfdx Moderator Posts: 267,571
    SEMI_345 said:

    Michaell said:

    SEMI_345 said:

    kyfdx said:

    SEMI_345 said:

    Hello,
    MF/Rv and incentives
    2020 Volvo S60 R design T6 and T5
    Zip 10549

    36/15

    T5: .00032 MF and 49% residual
    T6: .00095 MF and 52% residual

    $2500 lease bonus
    Does that lease bonus include the 2000, for medical professional/teacher incentives
    No
    So $4500 should rebates? Is that different for everyone or everyone gets that lease bonus and some dealerships are just using it to discount there vehicles with it
    The only incentive we know about is the $2500 lease bonus

    That is a Volvo-to-dealer incentive that will hopefully result in a lower selling price for you.

    Again, we have no information about your other potential incentives

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  • kyfdxkyfdx Moderator Posts: 267,571

    Could I please have numbers on T6 Momentum AWD and T6 R-design AWD, 24/12k for 30305. Thanks!

    MOM: .00129 MF and 60% residual
    RDES: .00095 MF and 61% residual

    $4000 lease bonus

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  • mully1983mully1983 Member Posts: 26
    T5 Momentum 36/15 and T5 R Design 36/15. MF, Residual, and incentives. Thank you. Zip Code 60540.
  • kyfdxkyfdx Moderator Posts: 267,571
    mully1983 said:

    T5 Momentum 36/15 and T5 R Design 36/15. MF, Residual, and incentives. Thank you. Zip Code 60540.

    MOM: .00086 MF and 50% residual
    RDES: .00032 MF and 49% residual

    $4500 lease bonus

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  • Mojitojorge1Mojitojorge1 Member Posts: 24
    Hi there...a couple questions if you don't mind helping me out, sorry in advance if they're complicated.

    I am looking at a Demo S60 T5M at a local dealer...the MSRP on the car is $40,490, advertised price after "Dealer discounts" is $32,846.
    Do you happen to know if Demo's or Loaners fall under the same programs as "new" and get the same $4k incentives or is there something different for them? Salesperson was mentioning that "the program is different" for the Demo car. Not sure if I'm being jerked around or if there is in fact something different.

    Also, are the $4k incentives for everyone or does that include something for current Volvo owners?

    Zip Code 34655
    Terms: 36/10
    S60 T5M

    Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 267,571

    Hi there...a couple questions if you don't mind helping me out, sorry in advance if they're complicated.

    I am looking at a Demo S60 T5M at a local dealer...the MSRP on the car is $40,490, advertised price after "Dealer discounts" is $32,846.
    Do you happen to know if Demo's or Loaners fall under the same programs as "new" and get the same $4k incentives or is there something different for them? Salesperson was mentioning that "the program is different" for the Demo car. Not sure if I'm being jerked around or if there is in fact something different.

    Also, are the $4k incentives for everyone or does that include something for current Volvo owners?

    Zip Code 34655
    Terms: 36/10
    S60 T5M

    Thanks in advance!

    We don't know how Volvo handles loaner leases.

    Also, a price quoted might not be valid with the lease programs.

    You really have to ask the dealer for a quote, then compare that to what you think you can get a new unit for.

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  • MichaellMichaell Moderator Posts: 264,064

    Hi there...a couple questions if you don't mind helping me out, sorry in advance if they're complicated.

    I am looking at a Demo S60 T5M at a local dealer...the MSRP on the car is $40,490, advertised price after "Dealer discounts" is $32,846.
    Do you happen to know if Demo's or Loaners fall under the same programs as "new" and get the same $4k incentives or is there something different for them? Salesperson was mentioning that "the program is different" for the Demo car. Not sure if I'm being jerked around or if there is in fact something different.

    Also, are the $4k incentives for everyone or does that include something for current Volvo owners?

    Zip Code 34655
    Terms: 36/10
    S60 T5M

    Thanks in advance!

    .00086 and 53%
    $4000 lease bonus, exclusive of any loyalty

    If they haven't been titled, demo or loaner vehicles are subject to the new car lease program.

    However, it's possible there will be an adjustment to the residual value for the existing miles, but we don't have any insight as to how Volvo manages that.

    If the selling price is inclusive of the incentive, then you may be able to get a better price. Not sure of the targets for Volvo, but for BMW we recommend 15-18% off MSRP, before incentives.

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  • Mojitojorge1Mojitojorge1 Member Posts: 24
    kyfdx said:

    Hi there...a couple questions if you don't mind helping me out, sorry in advance if they're complicated.

    I am looking at a Demo S60 T5M at a local dealer...the MSRP on the car is $40,490, advertised price after "Dealer discounts" is $32,846.
    Do you happen to know if Demo's or Loaners fall under the same programs as "new" and get the same $4k incentives or is there something different for them? Salesperson was mentioning that "the program is different" for the Demo car. Not sure if I'm being jerked around or if there is in fact something different.

    Also, are the $4k incentives for everyone or does that include something for current Volvo owners?

    Zip Code 34655
    Terms: 36/10
    S60 T5M

    Thanks in advance!

    We don't know how Volvo handles loaner leases.

    Also, a price quoted might not be valid with the lease programs.

    You really have to ask the dealer for a quote, then compare that to what you think you can get a new unit for.
    Thanks, unfortunately she was unwilling to provide any information over the phone/text without me physically going into the dealership. The most I got from her was the following information, but not sure that any of the information adds up:

    MSRP: $40,490
    Dealer has it advertised online $32,846 however they're giving a "total discount of $10,644" so the "selling price" would be $29,846.
    With that information, this is the deal she offered:

    36/7,500
    $750 TOP
    $499/month tax included



    As a comparison, they have an advertised deal on a base model T5M without premium package, here's what she quoted me for that based on my requested TOP, instead of their "$2600" that they require...

    MSRP: $37,045
    36/7,7500
    $750 TOP
    $390/month tax included


    Throughout all of this, I asked her for a breakdown of the lease with residual and what MF they're using, however she refused to provide that, so not sure that I can make an informed decision here, or even know WTH they're quoting me for. I find that even $390 for a base model is still too much, but not sure if I'm calculating this incorrectly.

    I appreciate your help with this!
  • kyfdxkyfdx Moderator Posts: 267,571

    kyfdx said:

    Hi there...a couple questions if you don't mind helping me out, sorry in advance if they're complicated.

    I am looking at a Demo S60 T5M at a local dealer...the MSRP on the car is $40,490, advertised price after "Dealer discounts" is $32,846.
    Do you happen to know if Demo's or Loaners fall under the same programs as "new" and get the same $4k incentives or is there something different for them? Salesperson was mentioning that "the program is different" for the Demo car. Not sure if I'm being jerked around or if there is in fact something different.

    Also, are the $4k incentives for everyone or does that include something for current Volvo owners?

    Zip Code 34655
    Terms: 36/10
    S60 T5M

    Thanks in advance!

    We don't know how Volvo handles loaner leases.

    Also, a price quoted might not be valid with the lease programs.

    You really have to ask the dealer for a quote, then compare that to what you think you can get a new unit for.
    Thanks, unfortunately she was unwilling to provide any information over the phone/text without me physically going into the dealership. The most I got from her was the following information, but not sure that any of the information adds up:

    MSRP: $40,490
    Dealer has it advertised online $32,846 however they're giving a "total discount of $10,644" so the "selling price" would be $29,846.
    With that information, this is the deal she offered:

    36/7,500
    $750 TOP
    $499/month tax included



    As a comparison, they have an advertised deal on a base model T5M without premium package, here's what she quoted me for that based on my requested TOP, instead of their "$2600" that they require...

    MSRP: $37,045
    36/7,7500
    $750 TOP
    $390/month tax included


    Throughout all of this, I asked her for a breakdown of the lease with residual and what MF they're using, however she refused to provide that, so not sure that I can make an informed decision here, or even know WTH they're quoting me for. I find that even $390 for a base model is still too much, but not sure if I'm calculating this incorrectly.

    I appreciate your help with this!
    Doesn't seem like a very good deal, in any case. Now you know.

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  • lamgol72lamgol72 Member Posts: 78
    Hello, can I have the MF/RV and incentives for 2020 S60 T5 Mom, T5 R-Des, T6 Mom for 36/12k and 48/12k in zip 27513. Thank you!
  • MichaellMichaell Moderator Posts: 264,064
    lamgol72 said:

    Hello, can I have the MF/RV and incentives for 2020 S60 T5 Mom, T5 R-Des, T6 Mom for 36/12k and 48/12k in zip 27513. Thank you!

    Are you seriously shopping, or are you simply filling out numbers on a spreadsheet?

    Shopping for the best deal, I've found, often results in picking the wrong car.

    I suggest you do some test drives, find out what you'd be happy driving for the next 3 or 4 years, then come back and get the numbers from us.

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  • Shawn_HenryShawn_Henry Member Posts: 1
    Hello,

    Could I have the MF and Residual and Incentives/Rebates for 36/15 on a T5 Momentum S60 to be titled in 75013?

    Thank you.
  • MichaellMichaell Moderator Posts: 264,064

    Hello,

    Could I have the MF and Residual and Incentives/Rebates for 36/15 on a T5 Momentum S60 to be titled in 75013?

    Thank you.

    .00086 and 50%
    $4000 incentives

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  • haffajhaffaj Member Posts: 3
    Hello,

    Could I have the MF and Residual and Incentives/Rebates for 36/7.5 on a T5 Momentum S60 to be titled in 33433

    Thank you.
  • MichaellMichaell Moderator Posts: 264,064
    haffaj said:

    Hello,

    Could I have the MF and Residual and Incentives/Rebates for 36/7.5 on a T5 Momentum S60 to be titled in 33433

    Thank you.

    .00086 and 54%
    $4000 incentives

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  • PerrierPerrier Member Posts: 10
    Hello - Can I get the MF / RV/ Lease Incentives for the 2020 Volvo S60 T5 FWD Momentum for both 10k and 12k miles? Zip code 55416
  • kyfdxkyfdx Moderator Posts: 267,571
    Perrier said:

    Hello - Can I get the MF / RV/ Lease Incentives for the 2020 Volvo S60 T5 FWD Momentum for both 10k and 12k miles? Zip code 55416

    36/12
    .00086 MF and 52% residual
    $4500 lease bonus

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  • Zeus91344Zeus91344 Member Posts: 10
    Greetings! First off, I want to thank you for the guidance you have provided over the years. Great information has led to great deals. Keep up the impressive work! May I get your latest MF, RV, acquisition fee and lease incentives for a 2020 Volvo S60 T6 AWD for both 10K and 12K in the 91344 zip code?
  • Zeus91344Zeus91344 Member Posts: 10
    Sorry, for the Inscription S60 T6 AWD.
  • MichaellMichaell Moderator Posts: 264,064
    Zeus91344 said:

    Greetings! First off, I want to thank you for the guidance you have provided over the years. Great information has led to great deals. Keep up the impressive work! May I get your latest MF, RV, acquisition fee and lease incentives for a 2020 Volvo S60 T6 AWD for both 10K and 12K in the 91344 zip code?

    Zeus91344 said:

    Sorry, for the Inscription S60 T6 AWD.

    36/12
    .00095 and 54%
    $4500 incentives

    $995 acquisition fee

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  • fingermagikfingermagik Member Posts: 24
    Hi and thank you in advanced.
    Could I please have numbers on T6 Momentum AWD, T6 Inscription AWD and T6 R-design AWD - 98121, 36months, 12k miles.

    Also, Are you familiar with how lease programs work with Volvo A-Plan Elite rates?
  • kyfdxkyfdx Moderator Posts: 267,571

    Hi and thank you in advanced.
    Could I please have numbers on T6 Momentum AWD, T6 Inscription AWD and T6 R-design AWD - 98121, 36months, 12k miles.

    Also, Are you familiar with how lease programs work with Volvo A-Plan Elite rates?

    INSC/RDES: .00095 MF and 54% residual
    MOM: .00129 MF and 55% residual

    $4500 lease bonus

    As far as we know, A-Plan incentives result in a lower price, but the lease variables remain the same.

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  • Zeus91344Zeus91344 Member Posts: 10
    What is a reasonable percentage savings off MSRP in addition to the $4500 lease bonus for S60 T5 and T6 Inscription? Thank you.
  • MichaellMichaell Moderator Posts: 264,064
    Zeus91344 said:

    What is a reasonable percentage savings off MSRP in addition to the $4500 lease bonus for S60 T5 and T6 Inscription? Thank you.

    We don't track pricing, but Edmunds does:
    https://www.edmunds.com/new-cars/

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  • Zeus91344Zeus91344 Member Posts: 10
    I’m coming out of a current S60 T5 lease. Is there a $1,000 loyalty bonus on top of the $4500 lease incentive for a total of $5,500 for Inscription T5/T6 in zip code 91344? Any other discounts being a current Volvo owner? Thank you
  • MichaellMichaell Moderator Posts: 264,064
    Zeus91344 said:

    I’m coming out of a current S60 T5 lease. Is there a $1,000 loyalty bonus on top of the $4500 lease incentive for a total of $5,500 for Inscription T5/T6 in zip code 91344? Any other discounts being a current Volvo owner? Thank you

    I see $1500 loyalty incentive on the S60, and that would stack on the existing lease incentives

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  • C130HC130H Member Posts: 31
    T5 Momentum and T6 Inscription MF and Residual for 77354, 12000 and 15,000 miles per yer, 36 month lease, thanks
  • Cav8440Cav8440 Member Posts: 15
    Hi there,

    Do you have the money factor and residual for a 2019 s60 T6 Inscription for 36/10, area code 34109. AThanks for the help!
  • MichaellMichaell Moderator Posts: 264,064
    C130H said:

    T5 Momentum and T6 Inscription MF and Residual for 77354, 12000 and 15,000 miles per yer, 36 month lease, thanks

    36/15
    T5 MOM - .00086 and 50%
    T6 INSC - .00095 and 52%
    $4000 incentives

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  • Zeus91344Zeus91344 Member Posts: 10
    Thank you Michaell! Much appreciated.
  • fingermagikfingermagik Member Posts: 24
    edited April 2020
    Hi,
    I was hoping you guys would give me your thoughts on this initial offer from the dealership. This was from a first contact.

    Calculator link
    https://www.leasehackr.com/calculator?make=Volvo&miles=12000&msd=0&msrp=54455&sales_price=51707&months=36&mf=.00125&dp=0&dealer_fee=150&acq_fee=995&taxed_inc=0&untaxed_inc=6000&rebate=0&resP=54&reg_fee=400&sales_tax=9&demo_mileage=0&memo=&monthlyTax_radio=true

    2020 Volvo S60 T6 Inscription, 36 Month 12k Miles
    Includes advanced package and some accessories.

    MSRP - $54,455
    Invoice - $51,707
    Lease Bonus - $4500
    A-Plan Elite - $1500

    Residual - 54%
    Money Factor - 0.00125
    Licensing Estimate - $649.25
    Doc Fee - $150
    Acq Fee - $995

    Drive Off Fees - $1434.69
    Base Payment - $575.58
    Payment Sales Tax - $59.86
    Total Payment - $635.44
  • MichaellMichaell Moderator Posts: 264,064

    Hi,
    I was hoping you guys would give me your thoughts on this initial offer from the dealership. This was from a first contact.

    Calculator link
    https://www.leasehackr.com/calculator?make=Volvo&miles=12000&msd=0&msrp=54455&sales_price=51707&months=36&mf=.00125&dp=0&dealer_fee=150&acq_fee=995&taxed_inc=0&untaxed_inc=6000&rebate=0&resP=54&reg_fee=400&sales_tax=9&demo_mileage=0&memo=&monthlyTax_radio=true

    2020 Volvo S60 T6 Inscription, 36 Month 12k Miles
    Includes advanced package and some accessories.

    MSRP - $54,455
    Invoice - $51,707
    Lease Bonus - $4500
    A-Plan Elite - $1500

    Residual - 54%
    Money Factor - 0.00125
    Licensing Estimate - $649.25
    Doc Fee - $150
    Acq Fee - $995

    Drive Off Fees - $1434.69
    Base Payment - $575.58
    Payment Sales Tax - $59.86
    Total Payment - $635.44

    MF is marked up from the base of .00095; I'd tell the dealer that you want the base rate, or you'll find another dealer.

    Do you know the actual selling price or adjusted cap cost for the quote?

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  • Zeus91344Zeus91344 Member Posts: 10
    Please let me know if this is a good deal given the current So. Calif. market:
    2020 Volvo S60 T6 Inscription, 36 Month 12k Miles
    MSRP - $54,930
    Selling Price $50,000
    Lease Bonus - $4500
    Loyalty - $1500
    Adjusted Cap Cost: $44,000
    Residual & MF - 54% and .00095
    Licensing and other fees $620
    Acq Fee - $995
    Drive-off just first payment
    Payment before sales tax - $515.54
  • kyfdxkyfdx Moderator Posts: 267,571
    Zeus91344 said:

    Please let me know if this is a good deal given the current So. Calif. market:
    2020 Volvo S60 T6 Inscription, 36 Month 12k Miles
    MSRP - $54,930
    Selling Price $50,000
    Lease Bonus - $4500
    Loyalty - $1500
    Adjusted Cap Cost: $44,000
    Residual & MF - 54% and .00095
    Licensing and other fees $620
    Acq Fee - $995
    Drive-off just first payment
    Payment before sales tax - $515.54

    Looks like a very good deal.

    If you pay your licensing fees upfront, they will be non-taxable.

    $44000 isn't your adjusted CAP cost.
    The adjusted CAP includes everything that is rolled into the payment.
    To get the adjusted CAP, you have to add in the fees and licensing, plus the upfront tax on the rebates.
    (should be around $45,650)

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  • Zeus91344Zeus91344 Member Posts: 10
    Thanks for the quick feedback Kyfdx and the education on the cap cost. Good point about the licensing fees. Do you think I could push deeper than an 8% discount off the MSRP or is that getting close to the max? I saw in an earlier post about 15% for BMW’s but they were not sure about Volvo’s.
  • kyfdxkyfdx Moderator Posts: 267,571
    Zeus91344 said:

    Thanks for the quick feedback Kyfdx and the education on the cap cost. Good point about the licensing fees. Do you think I could push deeper than an 8% discount off the MSRP or is that getting close to the max? I saw in an earlier post about 15% for BMW’s but they were not sure about Volvo’s.

    No idea what you can get.

    Edmunds pricing tools are here:
    https://www.edmunds.com/new-cars/

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  • Cav8440Cav8440 Member Posts: 15
    Hi Michaell,

    Do you know residual, money factor and any incentives for the s60 T6 Inscription for area code 34109. Also, it is a 2019 retired service loaner if it makes a difference. Thanks in advance!
  • MichaellMichaell Moderator Posts: 264,064
    Cav8440 said:

    Hi Michaell,

    Do you know residual, money factor and any incentives for the s60 T6 Inscription for area code 34109. Also, it is a 2019 retired service loaner if it makes a difference. Thanks in advance!

    There are no lease programs for the 2019 S60

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  • Cav8440Cav8440 Member Posts: 15
    Shucks. What are the numbers and incentives then for the 2020 s60 inscription, 36/10, area code 34109? Thanks again.
  • MichaellMichaell Moderator Posts: 264,064
    Cav8440 said:

    Shucks. What are the numbers and incentives then for the 2020 s60 inscription, 36/10, area code 34109? Thanks again.

    T6 INSC
    36/10
    .00095 and 55%
    $4000 incentives

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