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Comments
Pcc key 18" wheels
36 months 15k/year
$1166 drive off
(covers 1st month DMV bank fee) I live in ca
$612/month + tax
Money factor 00172
Residual 42%
residual value $15894.90
Cap cost (selling price) $33,875
Does this sound like a good lease? Thank you in advance for your help!
Can you provide the current lease rate for a XC60 3.2 with the Premium Package and Climate Package? I am looking for a 36 month 12,000 miles per year deal in Southern Florida. Thanks.
I was wondering if you could provide the August lease rates for the 2011 XC-60 T-6 R-design, and 3.2 AWD for 36 months and 60 months with 15k miles per year?
Also, are they still providing lease support for the above 2010 models.
Thanks.
I can currently looking into leasing a 2010 XC60 T6-R. The dealer has it advertised from 45k to 41k. I am very much a novice when it comes to leasing so please bear with me. What would be a good lease rate for either 36 or 48 months with 12-15k miles annually.
Everything I've looked at is asking for 4-5k down, but in reading your posts, I see it's not recommended.
Are there any incentives being offered like the 5k that was in the beginning of the year?
ANY help or insight you have give would be greatly appreciated!
US Bank's current buy rate lease money factor and residual value for a 36 month lease of a 2011 XC60 3.2 AWD with 12,000 miles per year are .00164 and 53%, respectively.
Car_man
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US Bank's current buy rate lease money factor and residual value for a 36 month lease of a 2011 XC60 T6 R-Design with 15,000 miles per year are .00157 and 49%, respectively.
The numbers for an otherwise identical 60 month lease (which I advise against doing) are .00202 and 32%.
Car_man
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In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
US Bank's current buy rate lease money factor and residual value for a 36 month lease of a 2011 XC60 T6 R-Design with 15,000 miles per year are .00157 and 49%, respectively.
The residual value for a lease with only 12,000 miles per year would be 2% higher.
I don't believe that Volvo is providing lease support on the 2010 XC60 any longer. It is not currently providing any dealer cash on the 2011 model.
Car_man
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US Bank's September lease money factor and residual value for a 36 month lease of a 2011 XC60 3.2 AWD with 15,000 miles per year are .00164 and 61%, respectively.
The numbers for an otherwise identical 60 month lease, which I advise against doing, are .00202 and 33%.
Car_man
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Did Volvo's lease rates change from last month?
If so, do you have the October lease rates for the XC-60 T-6 R-design and XC-60 3.2 AWD R-design for 36 and 60 months with 15k miles per year?
Thanks again
US Bank's October buy rate lease money factor and residual value for a 36 month lease of a 2011 XC60 3.2 R-Design with 15,000 miles per year are .00164 and 48%, respectively.
The numbers for an otherwise identical 60 month lease (which is way too long IMHO) are .00201 and 31%, respectively.
The 36 and 60 month numbers for the 2011 XC60 T6 R-Design are .00157 / 49% and .00201 / 32%.
Car_man
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I am considering leasing an XC60 T6 with 15k miles / yr for 36 months. We can either do it now, or wait till the end of December. I wanted to know (a) how much variability there is in the residual and lease money factors from month to month, and (b) what expectations one could have in terms of how the factors might change approaching the end of the year / holiday season. It sounds like we can't lock in the current factor and residual unless we take delivery, and the "unknown" of waiting is a determinant in our decision making process.
Thanks in advance for any help!
Just wanted to check the accuracy on that 61% (15k) residual for 2011 XC60 3.2 AWD?
Thank you!
Car_man
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Car_man
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I have a general question about the incentives. About the 3.5K (or 5K) i saw at the beginning of the thread, are they something that happen almost every year or just last year?
If recurring, I may be waiting for the next time when the lease incentives are around again.
Thanks a lot!
Thanks, Kmack
Car_man
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Volvo Finance's November buy rate lease money factor and residual value for a 60 month lease of a 2011 XC60 3.2 FWD R with 15,000 miles per year are .00201 and 31%, respectively.
Car_man
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Volvo's December buy rate lease money factor and residual value for a 36 month lease of a 2011 XC60 3.2 AWD with 15,000 miles per year are .00164 and 51%, respectively.
The numbers for an otherwise identical 48 month lease are .00195 and 41%.
Car_man
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Could you please provide the residual and money factor currently for a 2011 T6 Rdesign for 36 months with 15k? I've been quoted $757 with no money down, but not sure if this is a good deal? The packages include: Climate, Convenience, MultiMedia, BLIS, PCC. Any input is appreciated. Thanks in advance for your help!
Got these numbers for January from a local dealer. Do these look right?
2011 XC60 T6 AWD:
36 Months - Money Factor: 0.00127 - Residual: 54%
48 Months - Money Factor: 0.00161 - Residual: 44%
60 Months - Money Factor: 0.00201 - Residual: 36%
Thanks!
Thanks!!!
http://www.edmunds.com/car-loan/calculate-your-own-lease-payment.html
Here's the calculator:
http://www.edmunds.com/calculators/car-lease.html
thanks!
nicole
It would be easier for me to evaluate the deal that you were quoted if you provided me with this vehicle's MSRP and approximate selling price first. Let us know what these numbers are and I'm sure that either myself or another knowledgeable community member will gladly let you know what they think.
Car_man
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Car_man
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The residual value for a lease with only 10,000 miles per year is 1% higher.
Other than $1,000 owner loyalty cash, I don't believe that Volvo is currently providing any cash incentives on leases of this vehicle.
Car_man
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Having said that, the payment that you were quoted, $645/month with $3,000 down, looks a little high to me. Make sure that the dealer is using Volvo's current money factor and residual value of .00134 and 53% to calculate your payment.
Car_man
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I'm considering a XC60 T6 AWD vs an Audi Q5 3.2 Premium Plus.
Could you please tell me the current money factor and residuals?
For the volvo dealer is telling me 687- does that sound like a good deal?
Thanks
Cassie
I am looking for a XC60 lease / buy
Got the following from the dealer (NJ)
xc60 3.2 AWD, premium and the climate packages, 15K miles per year
MSRP $39,325.00
Invoice $37,268.00
Selling price $36,061.23
Monthly Payment $499.00
No money down
$3,252.56 up front including:
MV fee's $425.00,
doc fee $199.00
acq fee $795.00
tax $1,327.06
and 1st payment $499.00
Gap is included,there is a dispo fee of $395.00
Also included would be the free maintainence for 3 years or 36k miles
The money facter is .00134, and residual 53% or $20,842.25
If I want to buy the APR is 2.9 % for 72 months or $15.50 per 1000 financed
I ran it by some colleagues at work and they told me it looks like a good deal, what do you think ?
Thank you
Joelg2k
I am also in Jersey and it looks like you are getting a much better deal than what was offered to me. Are you willing to say which dealer? I would love to get the same deal.
I asked about available leasing discounts at Cherry Hill Volvo in New Jersey and they said AAA provided a 5% discount off of the monthly payment. I've seen some discussions on this message board about Costco as well. I am not familiar with it though.
As it turns out I am going with another dealership who gave me a better deal, but it was good to know about the AAA program.
15k /yr, 36, 39,42, 48 whichever they are running now.
Suffolk County, NY
Sure, dealer was Bridgewater Volvo... Good luck!
joelg2k
Glad to see you are still out there! I am getting ready to lease an XC60 AWD T6 with Climate pkg, no other options. The first numbers I have gathered are: MSRP $40,275,
CapCost $38,919,
RV 53%,
Money Factor .00109,
15K miles, 36 months,
Zero down,no trade in but multiple Fees :$795-US Bank,$155 Plates, $81 upfront sales tax,$275 conveyance fee,$125 lease set up fee and first months payment.
Mo Pymt $553.84 plus 33.23 tax=$587
No incentives available, according to this dealer.
Only US Bank for Volvo leases, according to same dealer.
All sounds high to me, especially CapCost, but I've been out of the market for a while. Consumers($36,754 best price) and Edmunds($37,808 true market pricing) both have a considerably lower price for the vehicle-What do you think? What lease numbers should I be looking for? Ive read through the forum but don't see any March numbers that compare with the T6AWD.
Thanks everyone!
Drove a T6 today a loved it -- what a hoot! Need to lease something in the next month or so. Using the numbers you provided (thank you) via the calculator at leaseguidedotcom, I came up $612.08. Just confirming that you're not paying anything out of pocket?
CarMan can you please double check my math (maybe I'm being dumb).
Thanks
Im eager to hear from Carman on the lease numbers too!
Were you bothered at all by the blind spot behind driver/ rear window on drivers side?
Now Volvo uses USBank... Even though USBank is an independent bank, they have a special affiliation with Volvo to provide their "manufacturer" lease program.
So, there may be any number of independent banks that might offer a lease program for a new Volvo, but they likely won't have any special rates or incentives that Volvo has chosen to apply to their own program through USBank.
In that regard, things are normal.. the "captive" program is almost always better than an independent bank program.
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