V50

My Take: Rman850r comes through yet again with some Volvo numbers for this month. There is $500 loyalty cash on all 2011 Volvos plus an additional $500 in dealer cash on the S80, C70, and C30 which can be combined with leases. Certainly not the best looking numbers in the industry, bit I’ve seen worse. Volvo really needs to drop that money factor down by a good 0.001 points in order to get more leases going. The products have been improved and they are actually more desirable now, but as a lease it’s not working too well. Alternatively, it looks more attractive since you could BUY a Volvo by financing it at 2.9% financing over 72 months, which isn’t half bad. But a straight up cash purchase would be a wiser move.

On a different note, I LOVED the XC60 when I saw it at the OC Auto Show. It’s so stylish and the interior quality is superb. Light years away from what they used to be less than 10 years ago. From the outside, it looks sleek and stylish. From the inside, it’s spacious, comfortable, modern and ergonomic; what a true crossover SUV should be. It isn’t overly luxurious, but it isn’t cheap either; maybe comparable to current BMW interiors.

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Lease rates provided by North Point Volvo (Alpharetta, GA)

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Volvo Incentives from Edmunds.com

Volvo is currently providing the Safe + Sound program from Sept 1st through Sept 30th on their 2010 vehicles. Here are some of the details involving the program…

The Safe + Sound Coverage Plan offers you exceptional value and financial security that goes beyond crumple zones and airbags – it’s the security that only Volvo offers.

It’s “Safe” because it’s from Volvo, and it’s “Sound” because you’ll be driving your Volvo virtually worry-free for five years. Here’s what you get with our new best-in-class coverage plan:

5 Years 60,000 Mile Warranty
5 Years Complimentary Factory Scheduled Maintenance
5 Years Wear and Tear Coverage
5 Years Volvo On Call Roadside Assistance

The Safe + Sound Coverage Plan from Volvo. Because you should feel as secure purchasing a new Volvo, as you do driving one.

The Volvo Safe + Sound Coverage Plan is a U.S.-specific program and is valid only when repairs are performed at an authorized U.S. Volvo Retailer subject to all applicable exclusions or limitations. It applies to eligible 2010 Model Year U.S. specification Volvo vehicles purchased in the U.S. between September 1st and September 30th, 2009 (excluding fleet vehicles.)

Eligible models include:

2010 C30, C70, S40, S80, V50, V70, XC60, XC70, XC90. In other words, their entire 2010 line up.

This program is actually quite comprehensive since the warranty extends an extra year and/or about 10,000 extra miles compared to other luxury brands. I sweeten the deal that much more, Volvo is also providing Wear and Tear coverage such as break pads, rotors and wipers (like BMW does). Pretty much what BMW does (and what Audi used to do), but for a longer term.

RIDE with G

For those who lease cars

2011 Volvo Lease Rates – October 2010