Audi was almost the first to increase leases that were laughable. I special ordered my S60, and my lease was price protected. I have had a 2016 Audi TT and a 2018 R8 V10 lease, so I was considering an TTS or S4 before I ordered the Volvo. Since I'm good friends with the Audi salesmen I had them check on some leases. A BASE A4 on a 3 year lease was $990/month, and the TTS was $1,300/month. It was just insane. My TT lease had been $650/month and my R8 V10 had been $1,800/month. The comparisons between what changed in a matter of months was just insane. I'm afraid the days of leasing are over, or at least for a while. I'm like you...I have less than 1 year on my lease, and right now you are looking at 30-40% payment increase. It's financial suicide at these rates.
2023 Polestar V60/S60 Ordering
We put a deposit down with our local dealer (Portland, Oregon) to build a 2023 V60 Polestar Engineered T8 about 2 months ago. The dealer has been great but the "build" hasnt been accepted by Volvo and it doesn't sound like there is much information on IF it will be accepted. I've also heard some folks that have confirmed 22 builds got pushed to 23 MY and are still awaiting details.
We want to buy this new and get the federal $7500k rebate and we want the longer range that the 22 Extended and 23's have. I'm hoping someone has some news on the 23 polestars but my dealer is starting to think we might not get this car made.
We want to buy this new and get the federal $7500k rebate and we want the longer range that the 22 Extended and 23's have. I'm hoping someone has some news on the 23 polestars but my dealer is starting to think we might not get this car made.
201 - 210 of 210 Posts
Yes I leased a very well equipped A4 in 2018 for $0 down and $404/month. Sticker was just over $44k. It was FWD but had plenty of options.Audi was almost the first to increase leases that were laughable. I special ordered my S60, and my lease was price protected. I have had a 2016 Audi TT and a 2018 R8 V10 lease, so I was considering an TTS or S4 before I ordered the Volvo. Since I'm good friends with the Audi salesmen I had them check on some leases. A BASE A4 on a 3 year lease was $990/month, and the TTS was $1,300/month. It was just insane. My TT lease had been $650/month and my R8 V10 had been $1,800/month. The comparisons between what changed in a matter of months was just insane. I'm afraid the days of leasing are over, or at least for a while. I'm like you...I have less than 1 year on my lease, and right now you are looking at 30-40% payment increase. It's financial suicide at these rates.
Leases got very bad in the last 18 months but are now slowly getting better. Definitely not over at all. The average car is now sold under MSRP again as of last month and things will return to normal. Cost of borrowing will remain an issue but manufacturers have the ability to heavily subsidize money factors (and APR on in-house due dung) which they are going to be forced to as demand weakens.
You have a much more optimistic outlook that I do (or my Volvo store's GM, a good friend). New car sales have suffered immensely, and I doubt we ever go back to "how it was". Supply chain issues will likely loom for 2 more years, severely hurting availability. Just look at how Volvo basically stopped S60 production for a year, and Audi basically is not building an S or RS cars for at least a year. Many brands don't want to lease cars because they don't want to guess what the future will be like. Certain models have availability, but limited supply of most means no discounts and no incentives to really move them. Production is so scaled down even week demand is going to sell every car they can make without much issue. Just look at the enormous inflation on the cost of a new car in just 2 years. I think we will soon look at a $10,000 price increase on a car compared to just a few years ago. My John Deere equipment has taken a 40% price increase in just 2 years alone! Cheap lease payments are likely gone forever, especially with the EV push. No one is ever going to lower prices back down after they have already established they can sell every car at an elevated price with little discounts or incentives. I worked in the auto industry for a number of years ( with Lexus and Volvo primarily), and I'm afraid the fun days of car ownership are over. Welcome to 5 paint colors, 2 interior colors, 1 powertrain pre-configured trims and nothing built for enthusiast. Just look at a Corvette or Audi RS3....enthusiast cars that are bascially only available in theory due to minuscule production numbers. My local Audi dealership is filled with volume selling models, all built identically and people with special ordered cars still waiting going on two years (or canceled all together after waiting nearly two years.) It's depressing. I got the last S60 T6 from my dealer, and even that had to be forced through by calling in a favor at Volvo corporate. I guess I'll have to buy out my lease, it's one of the last few fun Volvo cars..Yes I leased a very well equipped A4 in 2018 for $0 down and $404/month. Sticker was just over $44k. It was FWD but had plenty of options.
Leases got very bad in the last 18 months but are now slowly getting better. Definitely not over at all. The average car is now sold under MSRP again as of last month and things will return to normal. Cost of borrowing will remain an issue but manufacturers have the ability to heavily subsidize money factors (and APR on in-house due dung) which they are going to be forced to as demand weakens.
Happy to report my 2023 finally came in! Started the order process way back in May 2022. I have really loved my 2020 but with its lease ending soon, I had to decide if I wanted to buy it out or get into something else. There isn't much on the market right now that interests me, so I figured I would get into the upgraded version and then hold onto it for a while.
Initial impressions: really love the new electric drivetrain. The engine was firing constantly in my 2020 unless I was doing strictly low-speed urban driving. However on the '23 the electric motor is handling everything by itself up to and including freeway onramps and passing. With that and the one pedal mode, this really acts more like an actual EV, albeit with short range, instead of a hybrid. As far as AAOS, I think it is a net upgrade even if some things are worse. Hoping the little annoyances can get fixed over time with updates.
Otherwise, it's my same car (same color even) but improved in many ways. Part of me will miss the supercharger whine on the 2020 but overall I'm very happy with the trade.
Picture tax:
![Wheel Car Tire Land vehicle Vehicle]()
Initial impressions: really love the new electric drivetrain. The engine was firing constantly in my 2020 unless I was doing strictly low-speed urban driving. However on the '23 the electric motor is handling everything by itself up to and including freeway onramps and passing. With that and the one pedal mode, this really acts more like an actual EV, albeit with short range, instead of a hybrid. As far as AAOS, I think it is a net upgrade even if some things are worse. Hoping the little annoyances can get fixed over time with updates.
Otherwise, it's my same car (same color even) but improved in many ways. Part of me will miss the supercharger whine on the 2020 but overall I'm very happy with the trade.
Picture tax:
Interesting extrapolation from figures in carsalesbase.com. They break down the 60 series data into XC60, V60CC and V60. For 2022, since the only V60 imported to the US was the PE, one can assume that the V60 numbers are all V60PE. The numbers, currently only available through November, speak volumes about Volvo’s strategy, Total 60 series sales for 11 months, 33,896. XC60-32,659. V60CC-1,147, V60(PE)-90. This also helps explain the problems and long wait for the V60PE. Even the V60CC is quite rare.You have a much more optimistic outlook that I do (or my Volvo store's GM, a good friend). New car sales have suffered immensely, and I doubt we ever go back to "how it was". Supply chain issues will likely loom for 2 more years, severely hurting availability. Just look at how Volvo basically stopped S60 production for a year, and Audi basically is not building an S or RS cars for at least a year. Many brands don't want to lease cars because they don't want to guess what the future will be like. Certain models have availability, but limited supply of most means no discounts and no incentives to really move them. Production is so scaled down even week demand is going to sell every car they can make without much issue. Just look at the enormous inflation on the cost of a new car in just 2 years. I think we will soon look at a $10,000 price increase on a car compared to just a few years ago. My John Deere equipment has taken a 40% price increase in just 2 years alone! Cheap lease payments are likely gone forever, especially with the EV push. No one is ever going to lower prices back down after they have already established they can sell every car at an elevated price with little discounts or incentives. I worked in the auto industry for a number of years ( with Lexus and Volvo primarily), and I'm afraid the fun days of car ownership are over. Welcome to 5 paint colors, 2 interior colors, 1 powertrain pre-configured trims and nothing built for enthusiast. Just look at a Corvette or Audi RS3....enthusiast cars that are bascially only available in theory due to minuscule production numbers. My local Audi dealership is filled with volume selling models, all built identically and people with special ordered cars still waiting going on two years (or canceled all together after waiting nearly two years.) It's depressing. I got the last S60 T6 from my dealer, and even that had to be forced through by calling in a favor at Volvo corporate. I guess I'll have to buy out my lease, it's one of the last few fun Volvo cars..
Just got an email from my dealer and my V60 recharge is on the boat and on its way. I was told when I put a request to build on 11/11/22 that April/May would be likely delivery time frame. Looks like early March. see what happens and keep all posted.
JTMav
JTMav
I believe the started combining the two so V60 is leftover 2021 units. Also, they didn’t import any V60s for a huge chunk of time, roughly I believe February through August or so? So not representative of a true full year.Interesting extrapolation from figures in carsalesbase.com. They break down the 60 series data into XC60, V60CC and V60. For 2022, since the only V60 imported to the US was the PE, one can assume that the V60 numbers are all V60PE. The numbers, currently only available through November, speak volumes about Volvo’s strategy, Total 60 series sales for 11 months, 33,896. XC60-32,659. V60CC-1,147, V60(PE)-90. This also helps explain the problems and long wait for the V60PE. Even the V60CC is quite rare.
I wonder if mine is on the same boat. Mine was built the week of 1/16.Just got an email from my dealer and my V60 recharge is on the boat and on its way. I was told when I put a request to build on 11/11/22 that April/May would be likely delivery time frame. Looks like early March. see what happens and keep all posted.
JTMav
Sent from my iPhone using Tapatalk
My friend that operates a very large Volvo dealer had…..5 new S60s for the 2022 model year allocated to his store. Five. And you wonder why you can buy or order an S60? Literally, they built almost none as they diverted those parts to SUVs.Interesting extrapolation from figures in carsalesbase.com. They break down the 60 series data into XC60, V60CC and V60. For 2022, since the only V60 imported to the US was the PE, one can assume that the V60 numbers are all V60PE. The numbers, currently only available through November, speak volumes about Volvo’s strategy, Total 60 series sales for 11 months, 33,896. XC60-32,659. V60CC-1,147, V60(PE)-90. This also helps explain the problems and long wait for the V60PE. Even the V60CC is quite rare.
You have a much more optimistic outlook that I do (or my Volvo store's GM, a good friend). New car sales have suffered immensely, and I doubt we ever go back to "how it was". Supply chain issues will likely loom for 2 more years, severely hurting availability. Just look at how Volvo basically stopped S60 production for a year, and Audi basically is not building an S or RS cars for at least a year. Many brands don't want to lease cars because they don't want to guess what the future will be like. Certain models have availability, but limited supply of most means no discounts and no incentives to really move them. Production is so scaled down even week demand is going to sell every car they can make without much issue. Just look at the enormous inflation on the cost of a new car in just 2 years. I think we will soon look at a $10,000 price increase on a car compared to just a few years ago. My John Deere equipment has taken a 40% price increase in just 2 years alone! Cheap lease payments are likely gone forever, especially with the EV push. No one is ever going to lower prices back down after they have already established they can sell every car at an elevated price with little discounts or incentives. I worked in the auto industry for a number of years ( with Lexus and Volvo primarily), and I'm afraid the fun days of car ownership are over. Welcome to 5 paint colors, 2 interior colors, 1 powertrain pre-configured trims and nothing built for enthusiast. Just look at a Corvette or Audi RS3....enthusiast cars that are bascially only available in theory due to minuscule production numbers. My local Audi dealership is filled with volume selling models, all built identically and people with special ordered cars still waiting going on two years (or canceled all together after waiting nearly two years.) It's depressing. I got the last S60 T6 from my dealer, and even that had to be forced through by calling in a favor at Volvo corporate. I guess I'll have to buy out my lease, it's one of the last few fun Volvo cars..
/cloudfront-us-east-2.images.arcpublishing.com/reuters/2TCDF4MXDFJ3HLPFXGXNCWFDGU.jpg)
Tesla turns up heat on rivals with global price cuts
The move marks a reversal from the automaker's strategy over the last two years when new vehicle orders exceeded supply.
www.reuters.com
/cloudfront-us-east-2.images.arcpublishing.com/reuters/25LO4KW3FBNAXOIUUJ5QDCUL2Q.jpg)
Ford to cut prices of Mustang Mach-E, following Tesla's lead
Ford Motor Co on Monday cut prices of its electric crossover SUV Mustang Mach-E by as much as $5,900 per vehicle, weeks after rival Tesla Inc slashed prices globally on its electric vehicles by as much as 20%.
www.reuters.com
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