Latest Industry News
July 19, 2022
Posted by Chloe Taylor

Volvo Car Price Hike: Average Lease Prices Increases As Brand Moves Sticker Price Up

It’s no news that many automakers plan a new price hike in the vehicle lineup. For the past 16 months, we have witnessed a continuous increase in the retail price of new vehicles. The increase, according to automakers, is to partially absorb the sharp rise in input costs—from the higher cost of raw materials to supply challenges. This has significantly pushed the average lease price of a new car up.

If you’re hoping to lease a new Volvo to round up your wonderful summer, be ready to spend more than you would have paid a few months back. Nevertheless, this may be the best time to lease a new Volvo as the price may likely go up in the coming months.

Volvo Average Lease Prices & MSRP

Volvo V60 Cross Country

If you’re part of the exclusive set of shoppers that prefer wagons over SUVs, leasing the V60 Cross Country should appeal to you. This practical and luxurious wagon comes with an average lease price of $640/month for 36 months at $0 down, compared to last year’s average of about $580. Its starting MSRP is $47,295, about $2,000 extra from last year’s price.

Volvo V90 Cross Country

For something more sophisticated and practical than the V60 Cross Country, lease the V90 Cross Country for $935/month for 36 months at $0 down. This wagon has its sticker price of $57,295, up from last year’s $54,900.

Volvo S60

The Volvo S60 lease deal offers you a sophisticated and stylish small luxury sedan with a posh interior and swift acceleration for about $625/month for 36 months at $0 down. Last year at $37,750 MSRP, its average lease price was around $499. This year, its starting MSRP has gone up to $40,295.

Volvo S90

If you need a more practical yet elegant and sophisticated luxury sedan alternative to the S60, check out the Volvo S90 lease deal at $873/month for 36 months at $0 down. Its starting MSRP is $53,895, up from last year’s $51,550 with an average lease price of up to $719.

Volvo XC40

Leasing the Volvo XC40 offers you one of the best small luxury subcompact SUVs. This handsome, practical, small luxury crossover comes with an average lease price of $630/month for 36 months at $0 down and an MSRP of $36,195. Last year, its starting MSRP was $33,700, and the average lease price was around $549/month.

Volvo XC40 Recharge

If you love what the XC40 offers but are tired of the regular gasoline powertrain, check out the new XC40 Recharge lease deal for about $681/month and a starting price of $52,795.

Volvo XC60

The Volvo XC60 lease deal will sweep you off your feet, with its average lease price of about $595/month for 36 months at $0 down. Its sticker price is $43,745.

Volvo XC90

Need a stunning and well-equipped luxury midsize SUV? Consider leasing the Volvo XC90 for about $682/month for 36 months at $0 down. Its starting MSRP is $51,995, up from last year’s $49,000 and an average lease price of around $599/month.

When you’re ready to upgrade your Volvo lease or lease a Volvo for the first time, always remember that VIP Auto Lease is here to give you the lowest possible lease rates and spectacular services. Contact us today at 1204 Hylan Blvd, Staten Island, NY 10305

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