2012 Volvo S60: Is the $299 lease a good deal?

By on May 31, 2011 10:08 PM
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I had the 2012 Volvo S60 all long-weekend long and it's the best, most competitive Volvo I've ever driven. Our test car's $46,200 window sticker dampened the enthusiasm somewhat, but that's with the 300-horsepower turbo six, all-wheel drive and a long list of luxuries (including an extra $550 for the Vibrant Copper Metallic paint). However, Volvo is offering a $299/month lease deal on the base S60 and I got to wondering if that car specs out well enough to warrant consideration. Here's how it looks:

2012 Volvo S60 T5 base-price highlights:
250-horsepower turbocharged five-cylinder engine
Six-speed automatic transmission
Front-wheel drive (with brake-based Corner Traction Control)

2012 Volvo S60 2012 Volvo S60 Interior

0-60 mph in 6.8 seconds
20 city/30 highway mpg
7-inch color monitor
City Safety (helps prevent rear-end collisions using infrared laser and automatic braking)
Bluetooth phone/audio connectivity
USB/iPod integration
HD Radio
DVD video (usable only when parked, of course)
Sirius Satellite Radio
Shimmer Graphite aluminum inlays (same trim as our test car, nice)
Safe and Sound (Volvo's impressive warranty and maintenance coverage)
Power-folding rear head restraints
Vehicle settings control
Black or white paint
17-inch wheels

That's an impressive list. Here's the flip side:

Things you don't get for $299/month:
300-horsepower turbocharged six-cylinder engine
All-wheel drive
Leather seats
Front and rear parking sensors and cameras, including a side-to-side front blind view camera
Adaptive cruise control
Lane-departure warning
Blind-spot detection system
Collision warning and pedestrian detection with full auto brake
Heated seats
Auto-dimming rearview mirror
Either of two upgraded audio systems (the top one, at least, is really good)
Rear-seat entertainment system with dual DVD players
Any color but black or white

With all the toppings a fully loaded 2012 Volvo S6 T6 AWD can top $50,000, but the T5 is also well-equipped at its base price of about $32,000. At $299/month ($3,293 due at signing), yeah, it's definitely worth a look. As of now the offer expires June 30, so go take that test drive if you're interested. (Related thought: The Acura TSX four-cylinder typically leases for about the same price, with less power but with leather and a sunroof.) —Jason Allan

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