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What is the money factor and residual value for a 36 month/12,000 m lease? Thanks.
Car_man
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'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
The base cost of this special is advertised a $299 per month on a 36 month, 10,000 mile per year, with $2,993 cash at signing, for an$30,975 MSRP car excluding destination. For each additional $1,000 financed the lease goes up $28 per month.
Under Edmunds Incentives and Rebates, it shows as $339 per month, 10,000 miles per year, with $2,384 due at signing, for a $32,325 MSRP car.
So, I have 3 questions.
1. Are both senerios above correct?
2. Can the $1,000 Loyalty Rebate be applied to the cap price?
3. What is the residual on a 36 month T5 with Premium Package and under 10,000 miles a year?
As spec'd out on a custom order the car has an MSRP of $36,705 and an Invoice of $33,982.
Thanks in advance for your help.
Volvo's February buy rate lease money factor and residual value for a 36 month lease of a 2011 Volvo S60 T6 AWD with 15,000 miles per year are .00157 and 56%, respectively.
I don't believe that Volvo is currently providing support on 2 year leases of this car at this time.
Car_man
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Volvo's current buy rate lease money factor and residual value for a 36 month lease of a 2011 S60 T5 with 10,000 miles per year are .00157 and 59%, respectively.
Using the prices that you mentioned in your post, an MSRP of $36,705 and a selling price of $33,482 ($500 over invoice minus the loyalty cash), I estimate that this car would have a zero down, pre-tax monthly payment of around $416.
Car_man
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On a 2012 Volvo S60 T5, 3 year, 10,000 mile per year, lease, the US Bank money factor is .001980, and the residual is a high 68%. Makes for a low lease cost, but a problematic buy out at the end of the lease. Loyality Cash was applied to the cap cost. Deal is $500 over invoice.
How does this sound to you, Car Man?
I am either going to lease (if MF and % residual are good) or purchase through overseas delivery. Premium package, Climate Package, Tech Package, and PCC. Drove the car this week and loved it.
Premium package, multi-media package, climate package and PCC.
The deal:
MSRP: $37,995
Invoice: $36,175
Sales Price: $35,175
Gross Cap Cost: $36,125 (Rolled in bank fee of $950)
Total Drive off: $1,140 (First month and registration)
Residual - 66% (12k miles)
Money Factor - .00183
$458 per month (including tax)
Car_man
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Car_man
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Thanks
I believe that the residual value for a lease with only 12,000 miles per year would be 2% higher, but I'm not 100% positive about that.
Car_man
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Please feel free to check with me in a couple of days and I'll gladly provide you with an update that includes the new May programs.
Car_man
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The numbers for an otherwise identical lease of a 2012 S60 T5 are .00183 and 65%.
Car_man
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36 @ $443.94 including sales tax
Lease with Down Payment:
36 @ $328.01
$3,599.95 due at signing:
$328.01 first payment
$695 Bank Acq Fee
$90 plates and registration
$2,299 down payment
$187.94 tax on down payment
Can you update us on the May rates and residuals for the 2012 S60 T5 and T6 AWD for a 15K, 36mo lease? Also the 2012 XC70 3.2 FWD and AWD models for 15k, 36mo leases. Also, could you provide the numbers for 48 month leases of these models as well?
thanks in advance!
Do you have the residuals and money factors on the current 36 month leases on both the 2012 S60 T5 and T6 for 10k and 12k miles? Thanks a bunch! You are the (Car_)MAN!
The numbers for an otherwise identical lease of a 2012 S60 T6 AWD are .00199 and 60%. The 48 month numbers are .00197 / 50%.
I haven't seen the numbers for the '12 XC70 yet, but I'll try to find them out for you.
Car_man
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Please see my previous post for the numbers that you're looking for. I believe that the residual values for a lease with 12,000 miles per year are 1% and 10,000 miles per year are 2% higher.
Car_man
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Any info you can provide would be most helpful before I enter the dealership.
thanks!
I'm not sure what the residual values would be for higher mileage allowances, but the dealer should be able to tell you. Generally speaking, dealers are not allowed to alter banks' published residual values.
Car_man
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Can you give me the details on the June 2011 S60 T5 leases? My local dealer told me 63% residual and .00227 money factor, but I think he is trying to hold a point on me possibly? I think last months money factor was .00183, so I doubt it increased that much....correct?
NDIrish03
Car_man
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Can you please provide the residual value and money factor for a new S60 T5 based on 36 month, 15k miles/yr lease program?
Thanks so much
MSRP 34,800
sales price $33,000
MF .002070
residual 62%
sales tax $1800
customer cash $5,000
Monthly payment
$334.79
Thoughts ?
I would not put money down on a lease. If you have an accident when you leave the lot, you are out $5000. I would try to put as little down as possible.
Carman,
Do you have the RV and MF on 2012 S60 T5 for 12K and 15K miles for 48 months?
Thank you.
Maverick22
I believe that the residual value for a lease with only 12,000 miles per year is 1% higher.
Car_man
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Car_man
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Car_man
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Thanks, James H
Can you give me the details for September's lease rates on a 2012 Volvo S60 T5 for 36 months and 15K miles? Thanks.
Would appreciate the lease rate for a 2012 s60 t5 for 36 months and 10k miles.
I was offered .00134 and 59%
Thanks.
I also plan on leasing a 2012 S60 T5 15K miles/year this month and would appreciate the current money factor and residual for both 36 and 48 month options. Thanks!
James
Current September Lease Rates on S60s are as follows for 15k miles per year. Add 2% for 12k miles and 3% for 10k miles.
2012 S60 T-5
36-month | 15k miles | residual 59% | .00134 base money factor
48-month | 15k miles | residual 47% | .00151 base money factor
2012 S60 T-6
36-month | 15k miles | residual 55% | .00122 base money factor
48-month | 15k miles | residual 44% | .00151 base money factor
2012 S60 T-6 R-design
36-month | 15k miles | residual 53% | .00122 base money factor
48-month | 15k miles | residual 42% | .00151 base money factor
Car_man
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Car_man
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