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Anyhow, Volvo is not providing lease support on 2012 models any longer. As a result, if you really went to lease you should go with a 2013 model.
If you just want the 2012 XC60 and don't really care whether you lease it or not, you can always finance it at 2.49% for 6 years and take advantage of the $2,000 dealer cash that is currently available on it.
Car_man
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https://www.penfed.org/PenFed-Car-Buying-Service/?intcid=ad-ZAG-ProductPages-208- x173
Could you provide the lease factors for November 12k miles 36 months XC60 platinum T6?
Thanks in advance,
Thank you!
Great forums and super helpful info as I am shopping for our first luxury SUV. We were looking at Q5's and your info helped us a bunch, but it turns out we prefer Volvo XC60's.
I could use your help with some numbers, specifically around December, now that Volvo seems to have moved from USBank to Volvo's own financing.
I'm looking at: Volvo XC60 3.2 AWD, Platinum Trim, AWD and Climate Package.
36 MO
15K m/yr
MSRP: 45,760 (include $895 destination charge)
Selling Price: 42,011
Residual: 48%
Lease Factor: 0.00025
NY Sales Tax: $1585
DMV: $265
Bank Fee: $795
Monthly - $572.83 (without taxes)
Total Due at Delivery - $3305
There is a sign and drive event going on that should reduce first payment by $500 or so.
I'm impressed by the lease factor, but the residual value seems low. Perhaps because of the Platinum trim? What can I do better on? Selling Price, Residual Value, remove bank fee? Also, is it preferred to roll in taxes to monthly payment or pay up front?
Thanks!
Also, like any 'down payment', paying the taxes up front is a 'no-no' in my book. May be a requirement where you are, but I would roll taxes into the monthly payment, if possible.
A sign and drive deal should be just that, IMO(perhaps with first payment due immediately, but not over three grand ).
The Safe and Secure program from Volvo is worth a fair amount(more in the fourth year), so that's something to consider. A cycling acquaintance recently paid over $1500 for her Audi Q brakes(around 30K miles, IIRC).
I'll ask about pulling all the upfront costs into the lease payments, given that the moneyfactor seems to be pretty good.
Curious what Car_Man's thoughts are still....
Curious what the current rates are - we don't need much by way of mileage, so curious as to residual and MF for a 10K/12K '13 XC60 3.2 with AWD. If you have the data handy for the upgraded trims that'd be great too, but my wife is most interested in less options this time around.
thanks!
I would like to know the residuals and money factor for 24, 36 months for 10K and 12K per year.
I'm in the market for one of this SUV with almost all the options.
Thank you.
Regards. Miguel
can someone help me with the numbers for 24, 30, 36 and 39 months MF and residuals?
10K and 12K miles per year.
thank you.
The residual value for a lease with only 10,000 miles per year would be 1% higher.
the money factors for the Premier and Premier Plus would be the same, but the residual values would be 1% and 2% lower, respectively.
Car_man
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The numbers for an otherwise identical 36-month lease are .00040 and 55%.
If you were to lease with only 10,000 miles per year, this car's residual value would be 1% higher.
Car_man
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The numbers for an otherwise identical 36-month lease are .00040 and 53%.
The numbers for an otherwise identical 39-month lease are .00040 and 51%.
The residual values for leases with 10,000 miles per year would be 1% higher.
Car_man
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10K mi/36 months
Money Factor: .0041
Residual Value: 52%
Cost of Car: $39,898
This is my first experience leasing so I have no idea if this is a good deal. Any advice would be very much appreciated!
Residual seems to be right on based on what car_man told me, but I'm not sure how AWD (which I asked for) affects the %.
Anyway, one thing you can do is work on your price (cap cost) - you were quoted ~4% off MSRP. By my rough math, each % point off MSRP will reduce your monthly by about $12, so the more you reduce that, the better. Make sure you're good with 10K miles too.
Oh, you can plug your numbers into www.shrewdlease.com and see what you think. Most of the improvement is in the discount.
24-mo. lease/10K $0 out of pocket; 23 payments of $480.14 + tax = $515.95
Metro Denver area.
I was pleased; I spent a month having three dealers fight. Looking forward to trying out the remote start early tomorrow morning.
John
Car_man
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Can you confirm what the associated residuals are for the MF rates that you provided in message # 328. Interested in the 3.2 AWD and T6.
Thanks.
1) xc60 AWD T6 Base Model MSRP 41,500
1700 drive off fees, which include first month, bank fee, dmv fee, Taxes NYS included in payments
$430.00
2) xc60 AWD T6 with Power Tail gate Package MSRP 42,800
1750 drive off fees, which include first month, bank fee, dmv fee, Taxes NYS included in payments
$460.00
3) xc60 AWD T6 with Premier Package MSRP 43,500
1750 drive off fees, which include first month, bank fee, dmv fee, Taxes NYS included in payments
$495.00
24month lease, 10k miles/yr and a monthly payment of $476. With all fees and taxes rolled up into the monthly payment its $546. Is this a good deal?
Was told residual value was 70% and Money Factor was .00005
I haven't seen much info on here lately (i.e. in 2013) for what people are paying but it seems a bit close to retail for my taste.
I'll get my next shot at them in 24 months.
The numbers for an otherwise identical lease of a T6 are .00040 and 53%.
Volvo is waiving the first month's payment on leases of this vehicle right now.
Car_man
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What is the money factor and residual for 36month with 12,000 miles. Premier plus with climate package?
Also, if possible what would be approximate difference in the msrp vs. invoice?
Thank you,
I'm working a deal on a XC60 T6 AWD R-design (Prem. Plus, BLIS, Climate) 10K miles 24 mo. - I'm being quoted a money factor of .00101, is that right for the March Volvo programs? This seems high compared to what I've seen for Jan. and Feb. but can't find it quoted anywhere online.
Thanks for the help!
Looking for info on a 2013 XC60 AWD Premier with Climate Package. Was quoted MSRP of $41,160, selling price of $39,637 for a total monthly payment of $577.79, including taxes and fees. This also factored in $500 sign and drive and $500 Loyalty; first month paid waived.
I am not interested in the XC-60. Could you provide the April money factor and residual for the following XC-60 trims at 15k miles per year for 24 and 36 months.
XC-60 T-6 Premier Plus
XC-60 T-6 R-design Premier Plus
XC-60 3.2 AWD Premier Plus
Thanks.
You can find the MSRP and dealer invoice price of the exact model that you want over in the New Vehicle Pricing section of Edmunds.com.
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Volvo Finance's April buy rate lease money factor and residual value for a 24-month lease of a 2013 XC60 T6 Premier Plus with 15,000 miles per year are .00018 and 64% for consumers who qualify for its top credit tier. The numbers for an otherwise identical 36-month lease are .00047 and 51%.
The numbers for the T6 R-Design Premier Plus are .00018 / 62% and .00047 / 49%.
The numbers for the T6 3.2 AWD Premier Plus are .00120 / 65% and .00120 / 53%.
When negotiating your deal on this truck, make sure to take advantage of the $1,500 dealer cash that is currently available on it.
Car_man
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I want a black stone xc60 T6 Premium with climate and a tailgate package (backup camera and auto tailgate). 12k miles/year
ALL in tag title tax and $3600 down was $400/month. I think the MSRP on this car is around $42k. Which means I should be able to get it for $39k which even with the residual just increasing 2 points this month still gives me $40/month to play with.
I want to put $2600 and pay $400 month. Do you think this is attainable? If so I would welcome a recommendation re: strategy.
Volvo is currently offering a $500 cash incentive for loyal customers and select owners of competitive models on leases of the 2013 XC60.
Car_man
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I was quoted a MSRP of $44,445 with a discounted selling price of: $41,095 and $1,000 rebate making the final price $40,095 (excluding taxes + fees). The lease is $455.47/ month.
Does anyone know Volvo Finance's May buy rate lease money factor for a 24-month lease on this car?
Car_man
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I am looking to lease a XC60 T6 Premier AWD w/ climate (integrated booster seat in back) and BLIS. I want to do a 24 mo lease. I am looking for the MF/RV for 12K and 15K mile per year.
Can you give me the May numbers and the June ones if they are out?
Any word on what incentives will be offered in June/July?
I am interested in a 36 months lease with 10K/Y and $0 down for the following XC60:
- 3.2 Premier Plus
- Tech Package
- Tailgate Package
- AWD
- BLIS
- Remote Start
- Ice White Exterior
- Sandstone Beige Leather Interior
I reside in the NY area and i am currently shopping around.
What would be a reasonable MF/RV/Cap for June?
Would it make any sense to go for the T6? I don't need the large engine but it may make financial sense.
Many thanks in advance.
I believe that Volvo Finance's low mileage adder for 12,000 mile per year leases is 2%, but I'm checking on that.
The only cash incentives that I am aware of on leases of the '13 XC60 are $500 owner loyalty and $500 conquest cash for current owners of competitive models.
Car_man
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I believe that the low mileage adder for 10,000 mile per year leases is 3%, but I'm checking on that.
The residual values for the T6 models are a little better than they are for the 3.2, but not enough to make up for the price difference.
I'm not intimately familiar with what the market is like for the XC60 right now, but if I was in the market for one I personally would shoot for a selling price of around $500 over invoice minus the available $500 loyalty / conquest cash if you're eligible for it.
Car_man
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I'm looking to lease a 2013 XC60 T6 Premier Plus, 24 month or 36 month, 12k miles per year. The quote I got was 0.00130 for both 24mo and 36mo, and 67% for 24 month and 57% for 36 month. I think the money factor is very high.
Could you tell us the July buy rate lease money factor and residual value? Thanks.
Volvo Finance's current buy rate lease money factor and residual value for a 24-month lease of a 2013 XC60 T6 Premier Plus with 12,000 miles per year are .00005 and 64%.
The numbers for an otherwise identical 36-month lease are .00070 and 53%.
Volvo is providing $1,000 dealer cash on the 2013 XC60 right now. Make sure to take it into account during your negotiations.
Car_man
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Could you please post the current money factor and residual for a 2013 XC60 FWD Premiere model for 24 month lease @ 10k miles/year?
Additionally, anyone have any experience with the Costco Volvo promotion or know what "dealer pricing" means?
Thank you!