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Discussion Starter · #1 ·
I talked to my local salesguy and he said he has located an '06 S60R sonic/nordkap MT, 18" (not sure graphite or not), climate, premium, Sirius prep. I want to have some info prior to talking to him on Saturday when I go in. Just curious to see what others here are paying for their monthly payments for a leased R. I don't want to put any money down on a lease. Probably will go with 3 year/15K.<p>I'm going to take my T5 there and see what they're willing to offer me for it. LIke I said, if they give me a good price on my T5 and offer me a decent lease rate, I'll probably do this deal.
 

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A lot of different variables involved...but I am leasing mine with just over $1000 down for about $550 month/36 months.
 

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Discussion Starter · #3 ·
Re: (Eric_H)

Yea I realize about all the variables. I was just looking for some ballpark figures. Sounds like your car is almost exactly like what I may get. BTW, do you like the graphite pegs with the sonic blue. I think the standard wheels might look better with the bright blue. Do you have 12 or 15K miles on your lease?
 

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Re: What are you paying for your leased R? (soledoc)

My V70R with 6MT, electric silver, premium package, and built-in boosters is $653/month with 0 down, and 12K a year.
 

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Re: What are you paying for your leased R? (soledoc)

I have an '04 R on a 12k/39 month lease. Car is equipped with everything but nav. and I have the sport package. 2k down, 575/month which includes a whopping 10% per month Pa. sales tax. I bought late summer 04 when residuals were down but did get a very low money factor. Probably could have done better but the dealer had to go out and get the exact car I wanted on a trade which reduced my leverage.<p><br><i>Modified by clerk at 3:19 PM 5-3-2006</i><BR><BR>
<i>Modified by clerk at 3:19 PM 5-3-2006</i>
 

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Discussion Starter · #7 ·
Re: What are you paying for your leased R? (clerk)

That's one of my fears is that the dealer doesn't have my car on the lot, but they have found one "in their region." So that also may reduce my leverage as you say. I'm hoping to get my car for about $550-$575 for 3 year/15K $0 down.
 

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Re: What are you paying for your leased R? (soledoc)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>soledoc</b> »</i></TD></TR><TR><TD CLASS="quote">I'm hoping to get my car for about $550-$575 for 3 year/15K $0 down.</TD></TR></TABLE><p>Based on leasing threads I've read here on SS, I would think that you should be able to get something done in that payment range.
 

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Re: What are you paying for your leased R? (clerk)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>clerk</b> »</i></TD></TR><TR><TD CLASS="quote">Based on leasing threads I've read here on SS, I would think that you should be able to get something done in that payment range.</TD></TR></TABLE><p>Whether or not this can happen is going to be dependant upon three factors:<p>1. How far away the vehicle is from the selling retailer (i.e. trucking costs)<br>2. How good the credit profile is of the lease applicant<br>3. How much equipment the vehicle has (keep in mind, there's a <B><I>$13K</I></B> MSRP price swing on the R that is solely dependant upon equipment. OBVIOUSLY that will affect the lease payment).
 

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Re: What are you paying for your leased R? (soledoc)

$472/mo with $521 out of pocket (1st payment and plate transfer fee) - 24 month lease - 12k/yr. It was a special NY state only VCNA lease. I have a Red/Nord '05 S60R MT with premium, climate, touring, and IAQS.
 

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Re: What are you paying for your leased R? (soledoc)

First you got'a hammer them on the purchase price. Get it as low as possible. Push them to look for all possible incentives from Volvo (they ofter have $1000 rebates for various reasons). Then you got'a get a look at the dealer lease worksheet, they should show it to you so you can see how all the numbers. Then you see if the monthly fits your budget and them hammer them on making the number fit your budget. You should look at all the new lease varients, the multiple-security deposit is a nice once since you can end up with a lease rate of 0.1%. (technicall by trading in your T5 you are putting money down).<p>Go there armed with all the local adds for T5's like yours. Print out all the Volvo dealers adds from your area. Get a feel for how many are on the market and what they are asking. Colour makes a HUGE difference (blacks and silvers get more than other colours in most markets).<p>If you think your T5 will list CPO at volvo for $29,999 (that's an example in CDN$) Volvo should give you no less than $23,000 (maybe $25,000 ifs you push and they are hungry). They claim they need to spend $1500 do their inspetion and CPO it, then the warranty or lease/finance rate costs them $1000, then they have to give the salesman his commish, and then they need to make some money on the car. That adds up to around $5K in overhead (again, with my CDN dollar example... and based on almost exact numbers for a deal I just made back in January). You can see my 2002 T5 for sale at Volvo of Woodbridge (Canada) for $29,999.00<br>...oh and make sure you spitshine your T5, detail it to the nines, clear our all your crap and make it look brand new inside and out, you are trying to impress them and give them every reason to beleive your car will fetch top dollar.<p>Last point... find a dealership that's not making their numbers and even better a salesperson not making his numbers and hit them 6 or 7 days before the end of the month. You'll be in the drivers seat and be prepared to stand up and walk out (and try again next month). Really, you need to actually STAND UP and WALK if you're not getting the number you want. Keep it all business, keep your emotions out of it (not easy when you are dying to be in an R, I know). I walked from an MY05 last summer, and landed a better deal on a MY06 this year.<p>ps. Prior to Arpil 1st I think the programs and rebates were better than they are now, sorry, not what you want to hear (residuals, terms, rebates all have changed/disapeared since march 31st).<p>Good luck!<p>LTA<p>
 

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i put 1500 down and paying only 430.21 w/12k a year. i might have helped that it was the 3rd lease i did with them.
 

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Discussion Starter · #15 ·
Re: (lm2lg)

Thanks LTA for that awesome information. And to everyone else here. I like the point about the sonic blue not being a very popular color which may hurt resale value. I'll start printing out info on local T5s for sale (if there are any). I'll clean it Friday and probably go in Saturday. <p>I don't hate my car at all, and am still a little scared to do this deal and if I don't like the numbers then of course I won't do it. I did custom order this T5 and watched it come over on the boat and tracked it all the way to the dealership. I picked it up on 5-8-04 so I've had it almost 2 years to the day. It is a beautiful car. I should post some new pics and let you guys see what it looks like now. things I've added:<p>1. aluminum door pins<br>2. front european license plate <br>3. tinted windows (30%)<br>4. new center wheel caps<br>5. blue nordkap floor mats<br>6. blue XM radio (audiovox)<br>7. mobil 1 oil only<br>8. premium gas always (93 or 94 octane)<br>9. new tires (Avon Tech M550)<br>10. moose stickers <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/tongue.gif" BORDER="0"> <br>11. other assorted stickers
 

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Re: (Cementups)

im paying 662/mo. to own for an '06<p><TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>Cementups</b> »</i></TD></TR><TR><TD CLASS="quote">Man and to think that i pay $488/month for 5 years to on my R</TD></TR></TABLE><p>Ryan: how are you paying that amount to OWN?<p>488 * 12months * 5 years = $29280 and thats WITHOUT interest.<br>tell me what im missing <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/biggrin.gif" BORDER="0">
 

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Re: (soledoc)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>soledoc</b> »</i></TD></TR><TR><TD CLASS="quote"><br>BTW, do you like the graphite pegs with the sonic blue. I think the standard wheels might look better with the bright blue. Do you have 12 or 15K miles on your lease?</TD></TR></TABLE><br>For me, I like the graphite Pegs much better. It gives the car less of a boy-racer look. <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/wink.gif" BORDER="0"> <br>My lease is 10.5.
 

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Re: (Cementups)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>Cementups</b> »</i></TD></TR><TR><TD CLASS="quote">Man and to think that i pay $488/month for 5 years to on my R</TD></TR></TABLE><br>A five year lease? <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/eek.gif" BORDER="0">
 

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Re: (phuz)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>phuz</b> »</i></TD></TR><TR><TD CLASS="quote">tell me what im missing <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/biggrin.gif" BORDER="0"></TD></TR></TABLE><p>Probably his down payment! lol<p>-Eric<p>P.S., Eric he said to "on" the car...typo for "own"...it wasn't a lease payment.
 

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Re: (Sue Esponte)

oh yeah...downpayment....silly me <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/biggrin.gif" BORDER="0">
 
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