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2024 Volvo S60 Lease Deals, Incentives, Rebates, and Prices

MichaellMichaell Moderator Posts: 240,979
edited January 29 in Volvo
Ask your 2024 S60 lease and purchase questions here! Get information on money factors, residuals, incentives, deals, payments and prices. Post information on prices paid and discounts for purchases.

When making a request for lease information, please include the following information for the quickest response - body style, cab style (for trucks), trim level, RWD/FWD/AWD/4x2/4x4 (as appropriate), lease term, mileage allowance and your location.

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Comments

  • JerharJerhar Member Posts: 6
    edited July 2023
    Good morning! I'm looking for MF and residual on:

    2024 S60 Recharge Plug-In Hybrid T8 Plus
    2024 S60 Recharge Plug-In Hybrid T8 Ultimate

    12,000 vs 15,000 miles
    36 months
    Zip: 44805

    Edit: I confirmed that the $7,500 EV bonus still applies.

    Thank you!
  • kyfdxkyfdx Moderator Posts: 236,738
    Jerhar said:

    Good morning! I'm looking for MF and residual on:

    2024 S60 Recharge Plug-In Hybrid T8 Plus
    2024 S60 Recharge Plug-In Hybrid T8 Ultimate

    12,000 vs 15,000 miles
    36 months
    Zip: 44805

    Also, yesterday I was seeing a $7,500 bonus cash show up on a calculator on a volvo dealer website, and I don't see it today... is there any reason that would have dropped off on July 1? Or is it possible that's for 2023 models but not 2024?

    Thank you!

    Black or Dark theme?

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  • JerharJerhar Member Posts: 6

    I'm looking at an Ultimate Black and a Plus Dark. Thanks!

  • kyfdxkyfdx Moderator Posts: 236,738
    Jerhar said:

    I'm looking at an Ultimate Black and a Plus Dark. Thanks!

    We only have the money factors and incentive, so far. No residuals
    36/15

    Ultimate Black
    .00308 MF
    Plus Dark
    .00331 MF


    $500 lease bonus
    $7500 PHEV incentive

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  • JerharJerhar Member Posts: 6

    Ok thanks. I spent a couple hours at a dealer but the numbers weren't working and I didn't pull the trigger. Knowing the MF will help next time I try to get a deal done.

  • MichaellMichaell Moderator Posts: 240,979
    Jerhar said:

    Ok thanks. I spent a couple hours at a dealer but the numbers weren't working and I didn't pull the trigger. Knowing the MF will help next time I try to get a deal done.

    I'm sure dealers - and Volvo Finance - would rather have you lease a 2023 model. I suspect the lease programs will reflect that.

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  • JerharJerhar Member Posts: 6
    Michaell said:


    I'm sure dealers - and Volvo Finance - would rather have you lease a 2023 model. I suspect the lease programs will reflect that.

    Good tip, Michaell. I wasn't seeing any 2023s in my local area, but you prompted me to cast a bigger net and I found some good options further out that I'm going to pursue this holiday weekend.
  • nuwildcatfan34nuwildcatfan34 Member Posts: 62

    Hello, can I please have the RV, MF and any lease incentives for zip 60047:

    All 36/7.5k

    2024 S60 B5 Plus Black Edition
    2024 S60 B5 Ultimate Black Edition
    2024 S60 T8 Recharge Plus Black Edition

    Does the T8 Recharge qualify for $7,500 EV rebate when leased?

  • MichaellMichaell Moderator Posts: 240,979

    Hello, can I please have the RV, MF and any lease incentives for zip 60047:

    All 36/7.5k

    2024 S60 B5 Plus Black Edition

    2024 S60 B5 Ultimate Black Edition

    2024 S60 T8 Recharge Plus Black Edition

    Does the T8 Recharge qualify for $7,500 EV rebate when leased?

    Gee, I thought you were done shopping. :wink:

    .00093 and 52%; $750 lease bonus
    I don't see an Ultimate Black trim
    .00301 and 54%; $7500 PHEV bonus & $750 lease bonus

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  • nuleasenulease Member Posts: 3
    Michaell said:




    Gee, I thought you were done shopping. :wink:


    Oh man, do I wish! Finding just terrible lease deals out there.
  • leni111leni111 Member Posts: 6

    Hi. Looking for numbers for NY metro S60 3/7.5k
    Core dark and plus Dark trim AWD
    Thanks in advance

  • MichaellMichaell Moderator Posts: 240,979
    leni111 said:

    Hi. Looking for numbers for NY metro S60 3/7.5k

    Core dark and plus Dark trim AWD

    Thanks in advance

    Core - .00083 MF and 51% RV
    Plus - .00071 MF and 51% RV
    No lease incentives

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  • leni111leni111 Member Posts: 6

    Sorry. Could you provide for black trim as well if there's any differences. Inventory is limited, need options. Thanks

  • kyfdxkyfdx Moderator Posts: 236,738
    leni111 said:

    Sorry. Could you provide for black trim as well if there's any differences. Inventory is limited, need options. Thanks

    Plus Black: .00093 MF and 52% residual

    Also, $1750 lease bonus on all

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  • autoboy19autoboy19 Member Posts: 155
    edited July 2023
    Could you provide loyalty the lease rates for 24/10 and 36/10 for the following trims in 30341?

    B5 AWD Ultimate
    T8 Plus
    T8 Ultimate
  • MichaellMichaell Moderator Posts: 240,979
    autoboy19 said:

    Could you provide loyalty the lease rates for 24/10 and 36/10 for the following trims in 30341?

    B5 AWD Ultimate
    T8 Plus
    T8 Ultimate

    For the T8, is that the Black or Dark theme?

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  • autoboy19autoboy19 Member Posts: 155
    Michaell said:

    autoboy19 said:

    Could you provide loyalty the lease rates for 24/10 and 36/10 for the following trims in 30341?

    B5 AWD Ultimate
    T8 Plus
    T8 Ultimate

    For the T8, is that the Black or Dark theme?
    Dark Theme please.
  • kyfdxkyfdx Moderator Posts: 236,738
    autoboy19 said:

    Michaell said:

    autoboy19 said:

    Could you provide loyalty the lease rates for 24/10 and 36/10 for the following trims in 30341?

    B5 AWD Ultimate
    T8 Plus
    T8 Ultimate

    For the T8, is that the Black or Dark theme?
    Dark Theme please.
    .00075 MF and 53%/51% residual. $1750 lease bonus
    .00312 MF and 59%/53% residual. $1750 lease bonus. $7500 PHEV incentive
    .00273 MF and 58%/52% residual. $1750 lease bonus. $7500 PHEV incentive

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  • MB09MB09 Member Posts: 14
    Seeking MF, residual and lease incentive on T5 Ultimate Dark 10/36 14221

    Thanks!
  • MichaellMichaell Moderator Posts: 240,979
    MB09 said:

    Seeking MF, residual and lease incentive on T5 Ultimate Dark 10/36 14221

    Thanks!

    .00075 MF and 51% RV
    $1250 lease bonus

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  • MB09MB09 Member Posts: 14
    Michaell said:

    MB09 said:

    Seeking MF, residual and lease incentive on T5 Ultimate Dark 10/36 14221

    Thanks!

    .00075 MF and 51% RV
    $1250 lease bonus
    thank you, anything on loyalty?
  • MichaellMichaell Moderator Posts: 240,979
    MB09 said:

    Michaell said:

    MB09 said:

    Seeking MF, residual and lease incentive on T5 Ultimate Dark 10/36 14221

    Thanks!

    .00075 MF and 51% RV
    $1250 lease bonus
    thank you, anything on loyalty?
    $1000 loyalty

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  • antanddaveantanddave Member Posts: 11

    Hello, I'm looking for MF, residual and incentives on:

    S60 B5 Plus Dark

    10,000 miles
    36 months
    Zip: 12180

    Thank you!

  • MichaellMichaell Moderator Posts: 240,979

    Hello, I'm looking for MF, residual and incentives on:

    S60 B5 Plus Dark

    10,000 miles

    36 months

    Zip: 12180

    Thank you!

    FWD or AWD?

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  • antanddaveantanddave Member Posts: 11

    @Michaell said:
    FWD or AWD?

    Sorry. AWD.

  • MichaellMichaell Moderator Posts: 240,979

    Hello, I'm looking for MF, residual and incentives on:

    S60 B5 Plus Dark

    10,000 miles

    36 months

    Zip: 12180

    Thank you!

    @Michaell said:

    FWD or AWD?

    Sorry. AWD.


    .00071 MF and 50% residual
    $1250 lease bonus

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  • antanddaveantanddave Member Posts: 11
    This is the most current offer I received for a 2024 S60 B5 Plus Dark Theme.
    Do these numbers make sense if I were to just put first month down and roll taxes in?
    This is the most favorable offer from the three dealers I reached out to, but wondering if I can get them down any further.
    Currently driving a 2020 S60 T6 AWD Momentum with about 22,000 miles on it. Does Volvo give lease equity?
    Thanks!


  • MichaellMichaell Moderator Posts: 240,979

    This is the most current offer I received for a 2024 S60 B5 Plus Dark Theme.
    Do these numbers make sense if I were to just put first month down and roll taxes in?
    This is the most favorable offer from the three dealers I reached out to, but wondering if I can get them down any further.
    Currently driving a 2020 S60 T6 AWD Momentum with about 22,000 miles on it. Does Volvo give lease equity?
    Thanks!


    In NY, we recommend you pay the sales tax up front; through some quirk in the law, if you roll the taxes into the lease payment, you pay tax on the tax (no, I don't exactly understand why that is).

    Yes, if your current lease has equity in it, Volvo will allow you to use that equity as cap reduction to lower the payment. Do you know the trade in value and the payoff amount? It's a great place for the dealer to fleece you, if you don't know.

    Always negotiate until the dealer says no. You won't know how low they'll go unless you try.

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  • antanddaveantanddave Member Posts: 11

    @Michaell said:
    In NY, we recommend you pay the sales tax up front; through some quirk in the law, if you roll the taxes into the lease payment, you pay tax on the tax (no, I don't exactly understand why that is).

    Yes, if your current lease has equity in it, Volvo will allow you to use that equity as cap reduction to lower the payment. Do you know the trade in value and the payoff amount? It's a great place for the dealer to fleece you, if you don't know.

    Always negotiate until the dealer says no. You won't know how low they'll go unless you try.

    Thanks, this is helpful. Hadn’t thought about the deal with taxes in NY but that explains why my calculation skewed from the dealer quote. With the taxes paid upfront, the offer is $708.
    Trade in value on my current S60 is about $3k higher than the payoff amount so will definitely see if they can do better.

  • MichaellMichaell Moderator Posts: 240,979

    @Michaell said:

    In NY, we recommend you pay the sales tax up front; through some quirk in the law, if you roll the taxes into the lease payment, you pay tax on the tax (no, I don't exactly understand why that is).

    Yes, if your current lease has equity in it, Volvo will allow you to use that equity as cap reduction to lower the payment. Do you know the trade in value and the payoff amount? It's a great place for the dealer to fleece you, if you don't know.

    Always negotiate until the dealer says no. You won't know how low they'll go unless you try.

    Thanks, this is helpful. Hadn’t thought about the deal with taxes in NY but that explains why my calculation skewed from the dealer quote. With the taxes paid upfront, the offer is $708.

    Trade in value on my current S60 is about $3k higher than the payoff amount so will definitely see if they can do better.


    The equity should shave another $90/mo or so off the payment.

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  • dcvtwodcvtwo Member Posts: 34
    Can you please provide MF, RV and incentives for a 2024 Volvo S60 Recharge Plug-In Hybrid T8 Ultimate Dark at 36 months, 12K/year and 15K/year in 48170. Thank you!
  • MichaellMichaell Moderator Posts: 240,979
    dcvtwo said:

    Can you please provide MF, RV and incentives for a 2024 Volvo S60 Recharge Plug-In Hybrid T8 Ultimate Dark at 36 months, 12K/year and 15K/year in 48170. Thank you!

    36/15
    .00219 and 49%
    $7500 PHEV incentive
    $750 lease bonus

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  • Awski27Awski27 Member Posts: 6
    36mo/12K
    10598
    2024 S60 B5 AWD Plus Dark Theme
    2024 Volvo S60 B5 AWD Plus Black edition
    2024 S60 Recharge T8 eAWD Plus Dark Theme
  • MichaellMichaell Moderator Posts: 240,979
    Awski27 said:

    36mo/12K
    10598
    2024 S60 B5 AWD Plus Dark Theme
    2024 Volvo S60 B5 AWD Plus Black edition
    2024 S60 Recharge T8 eAWD Plus Dark Theme

    .00037 and 52%
    .00034 and 52%
    .00224 and 52%; $7500 PHEV bonus

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  • KRSKRS Member Posts: 16
    Hello,

    Could I please have the MF, RV and incentives for 2024 Volvo S60 T8 Recharge for 07302 for the following

    Core - 10k miles / 36 months
    Plus - 10k miles / 36 months
    Ultimate - 10k miles / 36 months

    and also

    Core - 10k miles / 24 months
    Plus - 10k miles / 24 months
    Ultimate - 10k miles / 24 months

    Also, I had read that there is a $55k cap for sedans for the $7.5k EV credit - is that true here or are leases exempt?

    Thank you
  • MichaellMichaell Moderator Posts: 240,979
    KRS said:

    Hello,

    Could I please have the MF, RV and incentives for 2024 Volvo S60 T8 Recharge for 07302 for the following

    Core - 10k miles / 36 months
    Plus - 10k miles / 36 months
    Ultimate - 10k miles / 36 months

    and also

    Core - 10k miles / 24 months
    Plus - 10k miles / 24 months
    Ultimate - 10k miles / 24 months

    Also, I had read that there is a $55k cap for sedans for the $7.5k EV credit - is that true here or are leases exempt?

    Thank you

    Plus / ULT - Dark or Black Theme

    (don't say both, or you'll drop to the bottom of the queue) :smile:

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  • KRSKRS Member Posts: 16
    Dark theme - thank you!
  • MichaellMichaell Moderator Posts: 240,979
    KRS said:

    Hello,

    Could I please have the MF, RV and incentives for 2024 Volvo S60 T8 Recharge for 07302 for the following

    Core - 10k miles / 36 months
    Plus - 10k miles / 36 months
    Ultimate - 10k miles / 36 months

    and also

    Core - 10k miles / 24 months
    Plus - 10k miles / 24 months
    Ultimate - 10k miles / 24 months

    Also, I had read that there is a $55k cap for sedans for the $7.5k EV credit - is that true here or are leases exempt?

    Thank you

    KRS said:

    Dark theme - thank you!

    Core - .00245 MF and 59% / 53% RV for 24/36 and 10K
    Plus - .00224 MF and 60% / 53% RV
    ULT - .00210 MF and 59% / 53% RV
    $7500 PHEV bonus

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  • KRSKRS Member Posts: 16
    Thank you!
  • KRSKRS Member Posts: 16
    Sorry, I'm back.. Would it be possible to get the rates on the S60 T8 Recharge for 07302 for the Black Edition?

    Plus - 10k miles / 36 months
    Ultimate - 10k miles / 36 months

    Thank you!
  • MichaellMichaell Moderator Posts: 240,979
    KRS said:

    Sorry, I'm back.. Would it be possible to get the rates on the S60 T8 Recharge for 07302 for the Black Edition?

    Plus - 10k miles / 36 months
    Ultimate - 10k miles / 36 months

    Thank you!

    .00217 and 53%
    .00189 and 52%
    $7500 PHEV bonus

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  • saranaz86saranaz86 Member Posts: 16
    Could I please have the MF, RV and incentives for 2024 Volvo S60 AWD for 53406 for the following


    Plus FWD Black edition - 10k/12k miles 24/36mo months
    Plus AWD Black edition - 10k/12k miles 24/36mo

    Thanks!
  • MichaellMichaell Moderator Posts: 240,979
    saranaz86 said:

    Could I please have the MF, RV and incentives for 2024 Volvo S60 AWD for 53406 for the following


    Plus FWD Black edition - 10k/12k miles 24/36mo months
    Plus AWD Black edition - 10k/12k miles 24/36mo

    Thanks!

    .00039 and 53% / 52% for 24/36 and 12K
    .00034 and 53% / 52%
    $2000 lease bonus

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  • newjeep2015newjeep2015 Member Posts: 168
    edited September 2023

    Could I please have the numbers for a Recharge Dark Ultimate in 90210 for a 12k/36? Also, is the $7,500 PHEV bonus a government or manufacturer incentive? If the former, I thought I read that the Recharge no longer qualifies because of where it’s built. Thanks!

  • MichaellMichaell Moderator Posts: 240,979

    Could I please have the numbers for a Recharge Dark Ultimate in 90210 for a 12k/36? Also, is the $7,500 PHEV bonus a government or manufacturer incentive? If the former, I thought I read that the Recharge no longer qualifies because of where it’s built. Thanks!

    .00210 MF and 52% RV
    $7500 PHEV bonus
    $2000 lease bonus

    The PHEV bonus is from Volvo

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  • newjeep2015newjeep2015 Member Posts: 168

    @Michaell said:
    .00210 MF and 52% RV
    $7500 PHEV bonus
    $2000 lease bonus

    The PHEV bonus is from Volvo

    Thanks very much. So the two stack for $9,500?

  • MichaellMichaell Moderator Posts: 240,979

    @Michaell said:

    .00210 MF and 52% RV

    $7500 PHEV bonus

    $2000 lease bonus

    The PHEV bonus is from Volvo

    Thanks very much. So the two stack for $9,500?


    The lease bonus is to the dealer, and will be reflected in the selling price. Negotiate accordingly.

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  • rkelly17rkelly17 Member Posts: 103
    May I have MF/Residual 36/12 in Pittsburgh Pa for:
    S60 B5 Plus Black Edition AWD
    S60 B5 Plus Dark AWD

    Thank you!
  • kyfdxkyfdx Moderator Posts: 236,738
    rkelly17 said:

    May I have MF/Residual 36/12 in Pittsburgh Pa for:
    S60 B5 Plus Black Edition AWD
    S60 B5 Plus Dark AWD

    Thank you!

    .00034 MF and 52% residual
    .00037 MF and 52% residual

    $500 lease bonus

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  • foodporncessfoodporncess Member Posts: 37

    Hi, can I get numbers for 60640 B5 AWD Ultimate Dark 10k/36 mos as well as whatever the next mileage down is (7,000? Can’t remember…) plus any loyalty cash/incentives? Thanks!

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