2010/11 Volvo Lease Rates – July 2010

logo_volvoMy Take: These past couple of months, I’ve been getting help with some Volvo lease rates. A big thanks to Rman850r for helping me out with that. I’m quite pleased with the XC60s money factors because they are very attactive (for the 36-month terms). They do jump a bit in the longer 60-month terms, but still much lower than most premium cars and trucks out there. There is a 48 month lease, but from what I understand, the payments jump significantly. The numbers this month still look pretty good. Last month seemed a bit better, specially with the longer 60-month lease, but the 36-month is around the same ballpark. I think Volvo did a good job introducting the maintenance program because it brings the brand up to par (in terms of service) with the likes of BMW or Audi (AudiCare actually costs you money though). The Safe and Sound coverage is 5yrs/60k miles!!! (longer than BMW and Audi) That means if you go with the 60-month lease (at 12k miles per year), you don’t pay a dime for maintenance!

GET A FREE QUOTE FROM YAHOO AUTOS!

2010 Volvo XC-60 3.2 FWD
36-month | 15k miles | residual 42% | .00068 base money factor
60-month | 15k miles | residual 27% | .00163 base money factor

2010 Volvo XC-60 3.2 AWD
36-month | 15k miles | residual 43% | .00072 base money factor
60-month | 15k miles | residual 27% | .00125 base money factor

2010 Volvo XC-60 T-6 AWD
36-month | 15k miles | residual 45% | .00082 base money factor
60-month | 15k miles | residual 27% | .00148 base money factor

2010 Volvo XC-60 T-6 R-design
36-month | 15k miles | residual 43% | .00039 base money factor
60-month | 15k miles | residual 27% | .00107 base money factor

2011 Volvo C30 T-6 R-design
36-month | 15k miles | residual 54% | .00232 base money factor
48-month | 15k miles | residual 45% | .00231 base money factor
60-month | 15k miles | residual 38% | .00228 base money factor

2011 Volvo C30 T-5 R-design
36-month | 15k miles | residual 54% | .00232 base money factor
48-month | 15k miles | residual 45% | .00231 base money factor
60-month | 15k miles | residual 38% | .00228 base money factor

2010 Volvo Incentives

2010 Volvo Lease Rates – June 2010

logo_volvoMy Take: Not exactly the most attractive lease out there. Actually, it down right sucks. I would recommend looking at something else like a A3, GTI or Mazda3. I’m gonna try to get my hands on the XC60’s numbers this month. I hold some high hopes for that ride. The “ads” have shown it could be a decent lease, but we’ll see about that. Four years of free maintenance really makes leasing a Volvo worry-free.

2010 Volvo C30 T5
36-month | 15k miles | residual 54% | .00232 base money factor

GET A FREE QUOTE FROM YAHOO AUTOS!

2010 Volvo XC-60 3.2 FWD
36-month | 15k miles | residual 43% | .00088 base money factor

2010 Volvo XC-60 3.2 AWD
36-month | 15k miles | residual 44% | .00092 base money factor

2010 Volvo XC-60 T-6 AWD
36-month | 15k miles | residual 46% | .00102 base money factor

2010 Volvo XC-60 T-6 R-design
36-month | 15k miles | residual 45% | .00078 base money factor

2010 Volvo Incentives

The Wall: Zamo’s 2010 Volvo XC90 R-Design

Name: Zamo
Location: Florida
What He’s Got: Smoking Red Hot 2010 Volvo XC90 R-Design. Includes 5 years maintenance, 5 years of wear & tear (except tires) and 5 years of roadside assistance
What It Cost: I was asked to keep the details private, so I will just summarize for you guys…

MSRP: 40,350
Term: 48 months
Due at signing: $0 (rolled into the cap cost)
Payment: $565.26 (includes 6% use tax)
UPDATE:
RES:34% and MF 0.00113

My Take: If you know how to work that lease calculator, you should be able to figure out the necessary sale price to make this deal happen. Here’s a little extra hint…there were rebates involved (Costco). Hope you didn’t snooze during high school Algebra! Haahaa.

Want your ride featured on RIDE with G? Head over to THE WALL for more information.

LA Auto Show 2009

The 2009 Auto Show, overall, was worse than the 2008 show. That says a lot because the 2008 show wasn’t all that good either. However, considering the state of the industry in these economic times, one has to be surprised to even see an auto show these days. Before I get started with my list of highlights from the show, I’d like to point out that many manufacturers skipped out on this years show. Notable absentees include: Nissan/Infiniti, Ferrari, Lamborghini, Saturn (obvious reasons) and Pontiac (even more obvious). The most surprising participant was Saab. Considering what’s going on with Saab right now, I wasn’t expecting them to be there at all. For all we know, their future may not extend past this holiday season. That would explain why the didn’t show their concept cars this year.

Now lets move on to my First Annual RwG Auto Show Awards! Remember these are personal opinions, which are open to debate. Chime in if you disagree!

Star(s) of the Show: I would have to give the Audi R8 Roadster and the Lexus LF-A the nod on this year’s show. Last year, the one that impressed me most was the Buick Riviera. This year, I didn’t even recall seeing it. Nevertheless, these two super cars are sexy and I wouldn’t mind having either one parked in my garage at some point in my life.

Runner-up: Fisker Karma/Sunset.

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Concept of the Show: I would have to give this award to the Honda P-Nut. Probably the strangest yet unique vehicle on the show (The BMW Vision came a close 2nd). It’s got the “cute” factor as well, so it doesn’t hurt. It sits three, in a “McLaren F1” formation, featuring the driver middle, allowing passengers to have a lot of leg room. Clever. Ladies, be sure to wear pants when driving this thing because oncoming traffic and pedestrians can see EVERYTHING through the windshield. 😉

Runner-Up: Volvo S60.

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Hybrid of the Show: Fisker Karma/Sunset and the Chevy Volt get the award for this category. The Karma/Sunset is cheaper than it looks; It has the looks of an exotic, but it comes in at under $100k. It also comes in two trims, Sedan and Coupe. Gotta Love It. The other winner, the Chevy Volt, should be selling for around $40k. It is a bit more expensive than the Prius, Insight, Civic and Fusion, but the fact that you can run it purely off the electric motor can potentially save you a load of money on gas over time (if you commute is less than 40 miles round trip). For me, I practically don’t have to pay for gas since my commute is 10 miles round trip. Added bonus? It doesn’t look like a pod (think Prius/Insight).

Runner-up: Ford Fusion.

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Surprise of the Show: Buick LaCrosse/Hyundai Genesis. Yeah, yeah, yeah. I know, GM and Hyundai…And yes, I remember what I’ve said about Hyundais and GMs. But these two sedans look and feel better than I ever expected. The Buick was elegant and fairly well built. Materials where plush and the didn’t carry the typical cheapness found in earlier GMs. The same can be said about the Genesis sedan. I sat in the backseat and was VERY impressed with the quality of materials. The leather was soft and cushy, plus there was a TON of legroom. The only question I have now is, “how do they handle on the road?”.

Runner-Up: Hyundai Sonata.

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WTF of the Show: Every show has a “WTF” car that just looks weird or makes you wonder what the designer was drinking/smoking when designing the car. This year’s award goes to the Porsche Panamera. I know there are a lot of concept cars that give off the “WTF” aura as well, but the thing about the Panamera that beats them all is that this vehicle is production-ready. Seriously? A 4-door Porsche hatchback?? Its like a flattened, stretched and lowered Cayenne or something. Really bizarre. What’s really funny is that there were these folks commenting about how “gorgeous” this car was and what not (dude peeking into the cockpit in the 2nd pic; the one with the flannel shirt. You know, your “typical” Porsche buyer. LOL.), so I guess they didn’t mess up that bad. But then again, there were some people out there that really loved their Pontiac Azteks too.

Runner Up: Jeep Lower Forty. Mini Concept.

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Here is the full gallery of pics I took at the show. The goods, the bads and the uglies.

Attention Shoppers! Volvo’s Costco Program!

For a limited time, (and for Costco Members Only) you can take advantage of Employee Pricing, $500 Costco Cash Card (after completing a survey) and any rebates available for the model you purchase.

Here are the details:

Purchase a Volvo XC60, XC70 or XC90 between November 3, 2009, and January 4, 2010, to receive:

  • Volvo employee pricing for the XC60
  • $500 off Volvo employee pricing for the XC70 and XC90
  • All available customer rebates and dealer incentives

Plus, receive a $500 Costco Cash Card for completing a Costco Auto Program Survey after your purchase.

How it Works:

  1. Select one of the new Volvo models listed below.
  2. Click ‘continue’ to register and locate a Volvo dealer participating in this promotion.
  3. Purchase your Volvo at the participating dealership and submit a Redemption Form to the Costco Auto Program.
  4. Complete a Costco Auto Program Satisfaction Survey.
  5. Receive your $500 Costco Cash Card in 6-8 weeks.

For more information, follow the following links:

Volvo Winter Promotion
Volvo Incentives and Rebates

2009 OC Auto Show

I was on hand at the OC Auto Show this weekend browsing through the latest and greatest from a handful of manufacturers. It was somewhat disappointing to see that some big name brands didn’t show up, but then again I can’t really blame them. Come November, the Los Angeles Auto Show should be in town, so there isn’t much of a spending that kind of money to promote your vehicles twice in the same market. Nevertheless, the OC Auto Show was solid because it was not too crowded and I got to hope into practically every single car. Hopefully, you took advantage of the free ticket I posted on the previous OC Auto Show post. I ended up realizing that the ticket was only FREE for Thursday and Friday. For Saturday and Sunday, it gives you a 50% discount for up to 4 tickets; still a pretty good deal.

For those who have never been to the OC Auto Show, this is a much smaller venue compared to the LA Auto Show. The most notable absentee was Mercedes Benz. I found that to be somewhat strange considering BMW, Audi, Infiniti and Lexus put up some seriously strong showings there. Now the highlight of the show was probably Saturday’s Hawaiian Tropic Bikini contest. Unfortunately, by the time I got there, the crowd had gotten pretty big and it was hard to see much of anything. I also happened to be with my wife, which pretty much explains why I didn’t get to see anything as well. Nevertheless, I did bump into some rather attractive booth girls and there were a few bikini models did roam around the show taking pictures with attendees.

Now lets go back to the cars shall we! 🙂

Acura: The fellows from Japan had the usual lineup, TSX, TL, RL, RDX and the MDX. They also brought in the production ready model of the ZDX, which looks looks like an oversizedd futuristic sports car with 4 doors and a big trunk. My biggest complaint? The color. Why on earth would you debut a production ready vehicle in a crappy brown color?! Great car, crap color.

Audi: Audi brought in all of their cars in glossy white and left the LED lights on to add to the COOL factor. Too bad they put the price tag on these cars too. Talk about sticker shock! One of the most surprising things about the A5 is the trunk space, its freaking HUGE for a coupe.

BMW: The BMW section was a bit bland. I didn’t spend much time there, but I did get the wife into a M3 and she loved the supple leather seats. Her direct words “wow, the leather feels nice”.

Buick: Buick showed off the new Lacrosse and that’s about it. It looks very Lexus-like. Why not just buy a Lexus?

Cadillac: They showed up the CTS trims and their new concept coupe, the Converj. They had this lady presenting the vehicle and talking about design philosophy, etc…then she asks “Do you have any questions? Like when its coming out or how much it will cost? Well it’s not coming out, so there’s no price for it”.

Chevy: Chevy brought out the big guns by displaying a full-sized version of Bumblebee of the Transformers. They even brought in an Autobot-branded Camaro to post next to it. Then my wife and I stood next to them and posted with them. LOL. It was quite entertaining. GM also brought out some of their high-end Corvettes and Camaros and displayed the Stingray Concept; VERY awesome looking as you can see.

Chrysler: Yawn…

Dodge: Double Yawn…

Ford: Probably the biggest disappointment for me was 2010 the Ford Taurus. That center console is freaking MASSIVE! I felt claustrophobic in there and that’s a pretty big car. Not only that, the plastic interior panels reminded me of BouncewithB’s company car, the Dodge Nitro. I could literally PUSH some panels in exposing huge gaps between them. You won’t see that in an Audi A6.  I spent about 5 minutes sitting next to this British guy inside the Taurus and all we did was whine about how Ford has disappointed us yet again.

GMC: Nothing too exciting, just the usual suspects.

Honda: The only  “exciting thing” was their hydrogen powered car that I’ve seen three times already.

Hyundai: Wife really liked the Genesis Coupe and proceeded to diss my G37 as having a “BIG BUTT” compared to the Genesis. How RUDE!

Infiniti: Wife, again tried to make me feel good by telling me the Moonlight White on the EX35 is much better looking than the Ivory Pearl on my G37. Gotta love her. 🙂

Lexus: New HS looks like a bigger more expensive high-tech Prius. Sat in the IS-F and I have to say that that car feels way too cheap inside for a Lexus.

Mazda: I noticed all 2010 model have the massive fish-lip that the 2009-2010 Mazda3 and Mazda6  came out with; yup, that includes the RX8.

Mercedes Benz: A no-show. Lame.

MINI: Sat inside the Clubman with the wife at the wheel. She proceeded to feel claustrophobic (like I was in the Taurus) and jumped out. Looks like we’re not getting a MINI after the TSX.

Nissan: I don’t think I made it there.

Subaru: Took a few pics of the STi. Good looking hatchback if I do say so myself.

VW: The new Golf / GTI are out and they look much better in my opinion. I would probably consider a 4-door GTI as my weekend car since its compact yet has more cargo room than my G37.  I spent some time looking at the Tiguan as well. My folks recently picked one up so I wanted to see what it was like. Its not the most luxurious car out there, but its well-built and has a nice interior.

Volvo: The new S60 and the C30 looked better in person. Their new crossover SUV XC60 looks wicked with dark tinted glass. I still wouldn’t lease one yet since I still remember my sister’s horror stories about her S70 back in the day.

Anyway, I would go on and on about the show, but I’m sure you guys want to see the pictures, so here you go!

Volvo’s Safe + Sound Program

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.

09 Volvo C70 Lease Rates – June 2009

logo_volvoMy Take: Obviously no point leasing through Volvo here. Just look at the money factor! 12.648% APR! Are you kidding me? Here’s a quick compare and contrast between what payments would be through Volvo and what they would be through on of LeaseCompare’s partner banks.

Through Volvo
MSRP – $40,595
Sale – $32,690
MF – .00527
RES – 46%
Monthly – $660 plus tax

Through LeaseCompare
MSRP – 40,595
Sale – 32,690
MF – .00264
RES – 40% (approx)
Monthly – $583 plus tax

As you can see, independent banks are much more realistic with their residual values than captive banks. This is not always a bad thing since lower residuals make your payoff at lease end lower. Should you choose to buy your vehicle in the end, it would cheaper. If I had to pick between paying a lower residual or a high money factor, I would pick the former. Now is the C70 convertible a good deal this month, whether you lease through Volvo or a 3rd party bank? No, it’s a horrible deal, I’d rather have a MB CLK instead.

09 Volvo C70 Convertible

2009 Volvo C70 Convertible
24-month | 15k miles | residual 56% | .00596 base money factor
36-month | 15k miles | residual 46% | .00527 base money factor
48-month | 15k miles | residual 36% | .00522 base money factor