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Comments
MSRP: $35,845
3 years/10k miles
What are people getting off MSRP for a final negotiated sales price?
What is the current Residual and MF on this car?
I'm looking at the lease deal offered through Volvo ending 9/30/09 on the base model but wondered how this translates into real numbers and with additional options.
Thanks for the help!
Is this only on a lease, or does it apply to a purchase also???
This is what Edmunds has:
Alternative Lease Assistance cash is available to customers who lease through a third-party institution and not with Volvo Car Finance lease.
Whatever that means.
Can an XC60 be custom ordered without the sunroof, and when will the "R" version be available?
Thanks in advance to anyone who knows!
Volvo's current buy rate lease money factor and residual value for a 36 month lease of a base 2010 XC60 3.2 FWD with 15,000 miles per year are .00237 and 48%, respectively.
Car_man
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For a lease on any non-base XC60, you will probably be better off going through a bank other than Volvo Finance and taking advantage of the $3,000 to $4,000 in additional cash that is available on leases of this truck through independent banks.
Car_man
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the $3,000 that you mentioned is "Alternative Lease Assistance." This means that it is only available on leases of this truck through any bank other than Volvo Finance. If you decide to lease the XC60 that you are interested in say through US Bank it would be eligible for this additional cash on top of the one grand dealer cash.
Car_man
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This is my best understanding on a 3.2L XC60 lease this month:
* $1,000 Dealer cash incentive applies.
* $3,500 Customer cash incentive applies, but ONLY if leased through US Bank.
* 5/5/5 Safe+Sound coverage special may end on 9/30, along with the two incentives, above.
* No data is available on ordering the R option for an XC60 yet.
* The 36 month residual from US Bank is 42%; the 48 month residual is 33%; and the lease money factor calculates out to about 5.2% APR.
Assuming the above is correct, I'm hoping that like for the past several years, incentives will not be reduced through the end of the year, that I will be able to custom order an R, and that maybe, Costco will again run an end of year super special.
Please comment on my "facts", and my assumptions.
Why is US Bank the only leasing agency I can use, and who the heck are they?
Your knowledge, insights, and help is most appreciated!
Really need your help here. I'm interested in buying or leasing (which ever is the better bang for the buck) a 2010 XC60 with Premium pkg, climate package and BLIS. I'm willing to even order the car but still want to ensure a great deal...
What's the lowest they'd be willing to go on a selling price for such a car?
Thanks
When and where does this information become available? I was at the dealer last night, and this mirrored exactly what they were able to offer me, invoice minus $1000 dealer incentive and $4000 Alternative Lease Assistance plus the 5 year/60K maintenance/warranty, etc...
Unfortunately the car was missing the BLIS feature and I hitch, and they are trying to locate one for me with the equipment I want, but if it does not happen today, how will I know tomorrow what the October incentives are? Most people are confident the safe & sound will continue, but I don't know about the other incentives.
Thanks!
MC
The dealer with whom I've been working has been very forthcoming with all the information needed to calculate the lease payment (cap cost, money factor, residual), however, not all dealers are willing to share this information. My opinion is to not do business with a dealer who does not share all the information required to determine the lease payment.
US Bank is a major national lending institution. I recently heard that Volvo is essentially shutting down Volvo Finance and that it will run all of its future lease specials through USB.
Car_man
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Car_man
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I don't see any reason to hide the fact that you are leasing from the dealer, as long as you are strong willed and you don't let the dealer steer your negotiations away from your vehicle's selling price and towards its monthly payment. Dealers love to play tricks with the numbers to get consumers to focus solely on the payment so that they don't realize that they are leaving money on the table.
Car_man
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Car_man
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Sorry to be so dense, but must the "independent bank" be US Bank? I'm told it does.
Also, have you heard anything about when the XC60-R can be ordered? Again, it's been hinted to be late this month or early next month.
This is the offer that i have. The MSRP around $ 37600. Base price after negotiation will be $29000. Acquisition price was $ 1050. + tax
+ 1020 (registration + paper). money factor 0.00314. residual 45% of MSRP.
MSRP 42,940 (leftover from April it seems, did MSRP go up during the year?)
Dealer added wood package for $850 (I assume to try and sell a car that was not selling)
I added after market Garmin 765 installed they wanted $1250
Hann Bank
48 Months/10,000 miles
$4272.13 Due at signing including NY Taxes
$575 a month
$15,873.00 Residual
What do you think?
On the 3.2 Edmunds currently shows "Marketing Support" of $750 on both the 3.2 and the T6. As for "Rebates" (i.e. lease assistance), it is showing $3250 on the T6, but $3750 and $4250 for the 3.2. Which is it and are these accurate as of today? Also, does anyone have anything more than a wild guess as to whether these incentives will be extened beyond November 2?
Anyone other random regarding and advice would also be appreciated.
Many thanks!
Thanks,
Peter
The only "special" lease program that Volvo has on the XC60 right now is on "base" models. If you want one that has a decent level of equipment, including AWD, you will have to do so through an independent bank and take advantage of the $4,750 cash incentive that is currently available on leases of XC60 AWD models.
Car_man
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Also, can I order it now without the sunroof, which I'm told Volvo will only start producing in January?
Thanks
2010 Volvo XC60 with leather, sunroof, electric silver paint MSRP $36,220.00
Total out of pocket $1000.00 (includes first payment and all the other fees)
48 Months of $505.00 tax included.
Any updates on January lease deals on a base XC 60 in Connecticut?
Regards,
CPAMAN
I am looking at leasing or buying a 2010 XC60, and would like to know the current incentives, money factors and residuals, along with where the prices are tracking relative to invoice.
Thanks!
XC-60 3.2 43% and .00058, 35% and .00118, 29% and .00150
XC-60 3.2 AWD 44% and .00065, 35% and .00122, 29% and .00152
XC-60 T-6 AWD 47% and .00112, 37% and .00158, 31% and .00188
US Bank's current lease money factor and residual value for a 36 month lease of a base 2010 XC60 AWD with 15,000 miles per year are .00065 and 44%, respectively.
Car_man
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I'd be happy to give you an idea of what its lease program is like, but you never mentioned the trim level that you are interested in, how long you want to lease for, or what mileage allowance you need, so I'll have to make some assumptions. Let me know if you want something different.
US Bank's current money factor and residual value for a 36 month lease of a 2010 XC60 AWD with 15,000 miles per year are .00065 and 44%, respectively.
Car_man
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I'm looking at a T6 AWD with a few of the nice option packages, and would lease for 36 months and 18,000 miles.
What I'm finding is killing me re the XC60 is the residual. It's a full 10% lower than what Infiniti uses on the EX35, which really KILLS the monthly payment. And I haven't even tried to see how low I can get the price to...
Thanks,
Pete
US Bank's current buy rate lease money factor and residual value for a 36 month lease of a 2010 XC90 T6 AWD with 15,000 miles per year are .00112 and 47%, respectively.
15,000 miles per year is the highest mileage allowance that US Bank publishes residual values for. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
Car_man
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Car_man
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Are those numbers for the XC60, or the XC90? You're reply listed the XC90...
Walt
48 months.
Thanks Car Man
I have a 2008 xc90 and my lease is up Feb 24. I pay 438 per mo. I can extend the lease for 2 more months, but I will have to pay 400 registration.
I want to lease another xc90, but was told since US Bank is doing finance now, to get the same exact base model would be 550 per mo, with 3500 down.
I'm looking for a 36 month lease. Does anyone know if there will be better deals offered if I decide to extend the lease for 2 months and pay 400 for registration?
Thanks!
we have a similar deal on our xc90 2008. our lease expired on november 09 and we are extending it up to 6 month (may 2010). we tried leasing the xc60, but the best we got is 479/mo for 60mo / 10000 miles. we decided to purchase our car, so our payment would stay about the same....
Car_man
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According to my calculations, if you were to lease a 2010 Volvo XC60 T6 AWD that has an MSRP of $42,940 and a selling price of $37,700 ($500 over invoice) through US Bank right now for 48 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $540.
Car_man
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The only change that I am aware of this month is the introduction of special financing rates on all models.
Car_man
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