Volvo S60 Saloon T4 [190] SE Nav 4dr Leather - NO DEPOSIT - £4413.06 Lease  @ Mad Sheep Leasing
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Volvo S60 Saloon T4 [190] SE Nav 4dr Leather - NO DEPOSIT - £4413.06 Lease @ Mad Sheep Leasing

82
Expires on 31/03/2018Found 31st Jan
Ordered this yesterday with 10,000 miles but that deal ends tonight. This one is 8,000 miles a year.

Deal:

Personal contract hire
Contract term : 18 months
Rental profile : 1 + 17
Annual mileage : 8000
Production status : Current model
Engine: 2 litre Petrol, 190bhp

Lots of spec for the money.

£28,495 car for only £245.17/month.

Cost worked out as:

18 x £225.17 + £360 admin fee = £4413.06.

First lease car i've ordered but for 18 months it seems good.

Also, first post on here so sorry if i've made any mistakes!
Community Updates
Top comments
shindigger9 m ago

Sweden is an effing warzone. But Sarah Jane Mee doesn't want you to know …Sweden is an effing warzone. But Sarah Jane Mee doesn't want you to know that. No wonder production being moved.


You been reading Donald Trump's Twitter account again? Sweden no more of an "effing warzone" than Tower Hamlets in London.

Torslandaverken still builds the XC90, S90 and V90.
KonsumerKing5 m ago

Made in China ! Not Sweden !


And so is an Iphone.... and a hell of a lot of other goods!
82 Comments
You have ommited the £360 admin charge, so correct total price is £4,413.06 or £245.17/net/mth.
225 a month? Average price for an average car, no?
Original Poster
m5rcc1 m ago

You have ommited the £360 admin charge, so correct total price is …You have ommited the £360 admin charge, so correct total price is £4,413.06 or £245.17/net/mth.


True, i'll update now
KentishLad4 m ago

225 a month? Average price for an average car, no?


Overpriced, it would seem.
Original Poster
KentishLad4 m ago

225 a month? Average price for an average car, no?


I'd obviously argue it is a better than average car but then I've ordered one.

Considering it's a "no deposit" offer it's pretty good. Other cars usually have a fairly steep upfront cost from what i've seen.
alex.wainman3 m ago

I'd obviously argue it is a better than average car but then I've ordered …I'd obviously argue it is a better than average car but then I've ordered one.Considering it's a "no deposit" offer it's pretty good.


It's a decent car, sure. But also, it's an eight year old model, albeit with minor updates in 2014.
Original Poster
m5rcc54 s ago

It's a decent car, sure. But also, it's an eight year old model, albeit …It's a decent car, sure. But also, it's an eight year old model, albeit with minor updates in 2014.


True again, but it's still an upgrade from my Ford Focus
Made in China !
Not Sweden !
KonsumerKing5 m ago

Made in China ! Not Sweden !


And so is an Iphone.... and a hell of a lot of other goods!
KonsumerKing6 m ago

Made in China ! Not Sweden !


Close! It's made in Sweden (and Belgium) for the European market. It's also made in China for the Chinese market.
KonsumerKing12 m ago

Made in China ! Not Sweden !


2nd gen S60 still built in Torslanda which is still Volvo HQ. 3rd gen global production moving to US next year, which is probably why 2nd gen deals are as cheap as they are.:{
Sweden is an effing warzone. But Sarah Jane Mee doesn't want you to know that.
No wonder production being moved.
shindigger9 m ago

Sweden is an effing warzone. But Sarah Jane Mee doesn't want you to know …Sweden is an effing warzone. But Sarah Jane Mee doesn't want you to know that. No wonder production being moved.


You been reading Donald Trump's Twitter account again? Sweden no more of an "effing warzone" than Tower Hamlets in London.

Torslandaverken still builds the XC90, S90 and V90.
mcaf1233 m ago

£216.91 on a 1+17 deal. 8k miles a year via Leaseshop. Add on £298.90 for a …£216.91 on a 1+17 deal. 8k miles a year via Leaseshop. Add on £298.90 for admin feehttp://www.leaseshop.co.uk/personal-lease-cars/volvo/s60-saloon/s60-saloon-t4-190-se-nav-4dr-leather-261097927


Still quite dear at £4,264.38 or £236.91/net/mth (£8.26/net/mth cheaper than the OPs deal).
m5rcc10 m ago

Still quite dear at £4,264.38 or £236.91/net/mth (£8.26/net/mth cheaper th …Still quite dear at £4,264.38 or £236.91/net/mth (£8.26/net/mth cheaper than the OPs deal).


I make that £4203.18 or £233.51 a month.
I'm sure a Volvo dealer will match it without the admin fee
Edited by: "mcaf123" 31st Jan
mcaf1233 m ago

I make that £4203.18 or £233.51 a month.


Sorry misread the admin fee to be £360.

mcaf1233 m ago

I'm sure a Volvo dealer will match it without the admin fee


Probably, but 9+17 is substantially cheaper.
Original Poster
m5rcc3 m ago

Sorry misread the admin fee to be £360.Probably, but 9+17 is substantially …Sorry misread the admin fee to be £360.Probably, but 9+17 is substantially cheaper.


Definitely is cheaper, but for a no deposit lease these are good prices.

Means I don't have to sell my car quickly to pay for the deposit
alex.wainman1 m ago

Definitely is cheaper, but for a no deposit lease these are good prices. …Definitely is cheaper, but for a no deposit lease these are good prices. Means I don't have to sell my car quickly to pay for the deposit


Whack it on a credit card?
Original Poster
m5rcc1 m ago

Whack it on a credit card?


Never thought actually. Can you put a deposit on one as the admin fee can't be on a credit card
alex.wainman1 m ago

Never thought actually. Can you put a deposit on one as the admin fee …Never thought actually. Can you put a deposit on one as the admin fee can't be on a credit card


I previously have put both the deposit and admin fee on a credit card. Monthlies are on Direct Debit.
Original Poster
m5rcc1 m ago

I previously have put both the deposit and admin fee on a credit card. …I previously have put both the deposit and admin fee on a credit card. Monthlies are on Direct Debit.


Worth knowing for future reference - as mentioned it's my first lease
alex.wainman1 m ago

Worth knowing for future reference - as mentioned it's my first lease


No problem.
m5rcc47 m ago

You been reading Donald Trump's Twitter account again? Sweden no more of …You been reading Donald Trump's Twitter account again? Sweden no more of an "effing warzone" than Tower Hamlets in London.Torslandaverken still builds the XC90, S90 and V90.


They have rpg and hand grenade attacks in Tower hamlets do they? Not sure it's quite up with Malmo yet.
Odd choice of locale to make your point btw.
shindigger7 m ago

They have rpg and hand grenade attacks in Tower hamlets do they? Not sure …They have rpg and hand grenade attacks in Tower hamlets do they? Not sure it's quite up with Malmo yet.


So one recent incident makes it an 'effing warzone', does it? Interesting...

shindigger7 m ago

Odd choice of locale to make your point btw.


Is it?
KentishLad2 h, 29 m ago

225 a month? Average price for an average car, no?


I’m no big Volvo fan, but worth pointing out you drive a Skoda.

And yes, we already know they share components with VW/Audi - this is nothing to shout about.
Good car. I drive one for 3 years as a company car. Minor niggle, no clutch foot rest, and poor boot. Very comfortable and nippy. I'm actually looking to pick up a colleagues low mileage version on retirement I was so happy with it. I currently have the XC60 and tbh it's a bit meh.
ezzer7242 m ago

I’m no big Volvo fan, but worth pointing out you drive a Skoda.And yes, we …I’m no big Volvo fan, but worth pointing out you drive a Skoda.And yes, we already know they share components with VW/Audi - this is nothing to shout about.


Had a V40 recently as well. It was fine, nothing broke, but not exceptional. What's your point?
m5rcc3 h, 37 m ago

It's a decent car, sure. But also, it's an eight year old model, albeit …It's a decent car, sure. But also, it's an eight year old model, albeit with minor updates in 2014.


This is my thoughts about this car too. It's out of date. Volvo have some excellent safety tech on their newer models. The V90 would be my choice but not relevant as no chance you'll get one of those for anywhere the price of this deal.
Sigh. Please put lease in the title otherwise my keywords don't work
trickytree198422 m ago

Sigh. Please put lease in the title otherwise my keywords don't work


Add 'PCH', 'PCP', 'leasing' to cover all bases...
m5rcc3 h, 28 m ago

Sorry misread the admin fee to be £360.Probably, but 9+17 is substantially …Sorry misread the admin fee to be £360.Probably, but 9+17 is substantially cheaper.


Not substantially cheaper tbh. If you can get the admin fee knocked off by a Volvo dealer, you're only looking at £4.58 a month extra to not have that large up front payment. If you have the cash to hand, of course you could put it into the up front cost. But if you don't have that money available then putting it on a credit card means you'll end up paying off your credit card each month anyway which will pretty much take you up to the 1+17 cost anyway. Yes you could put it on a long 0% card but by the time the lease is up you'll be faced with the same issue again and you'll also put that up front payment on the credit card and the costs just build up and up over time.
mcaf1239 m ago

Not substantially cheaper tbh.


13% cheaper. Substantial enough for me to point it out on here. If you wish to forgo £591 then by all means do so.


mcaf1239 m ago

If you can get the admin fee knocked off by a Volvo dealer, you're only …If you can get the admin fee knocked off by a Volvo dealer, you're only looking at £4.58 a month extra to not have that large up front payment.


Don't think so: It would be £4,053.06 without the admin fee, which would still be £12.84/mth dearer than the 9+17 offer.

mcaf1239 m ago

If you have the cash to hand, of course you could put it into the up front …If you have the cash to hand, of course you could put it into the up front cost. But if you don't have that money available then putting it on a credit card means you'll end up paying off your credit card each month anyway which will pretty much take you up to the 1+17 cost anyway. Yes you could put it on a long 0% card but by the time the lease is up you'll be faced with the same issue again and you'll also put that up front payment on the credit card and the costs just build up and up over time.


That's assuming you pay off the card - you can flip it onto a new credit card (at 0% with zero fee balance transfer) and keep paying the minimum amount. Besides, the top 0% purchase deals last almost double the duration of this lease deal.
go direct through a Volvo garage and no admin fee
Stupid question of the day... Seems like business leasing is cheaper etc... What's the cost of setting up as a business user to access the better deals? Anyone investigated this?
alex.wainman15 h, 24 m ago

I'd obviously argue it is a better than average car but then I've ordered …I'd obviously argue it is a better than average car but then I've ordered one.Considering it's a "no deposit" offer it's pretty good. Other cars usually have a fairly steep upfront cost from what i've seen.


I don't have one so I'm not exactly biased. But I'd certainly agree it's far better than average.
m5rcc10 h, 22 m ago

13% cheaper. Substantial enough for me to point it out on here. If you …13% cheaper. Substantial enough for me to point it out on here. If you wish to forgo £591 then by all means do so.Don't think so: It would be £4,053.06 without the admin fee, which would still be £12.84/mth dearer than the 9+17 offer.That's assuming you pay off the card - you can flip it onto a new credit card (at 0% with zero fee balance transfer) and keep paying the minimum amount. Besides, the top 0% purchase deals last almost double the duration of this lease deal.


Feel free to call me thick, but assuming you can get a Volvo dealer to match my Leaseshop deal without the admin fee the costs work out as follows:
9+17 = £3822 or £212.33 effective cost per month
1+17 = £3904.38 or £216.91 per month
That is an £82.38 difference overall with an effective monthly difference of £4.58 - so where are you getting the 13% cheaper from??

And you saying "you can flip it onto a new credit card (at 0% with zero fee balance transfer) and keep paying the minimum amount. Besides, the top 0% purchase deals last almost double the duration of this lease deal." goes to prove my point that you'll just end up putting more and more money onto the card when each new lease comes about.
romeospadre28 m ago

Stupid question of the day... Seems like business leasing is cheaper …Stupid question of the day... Seems like business leasing is cheaper etc... What's the cost of setting up as a business user to access the better deals? Anyone investigated this?


It's easy and cheap to set up a limited company and you can claim 50% of the VAT back on the monthly payments. However, if you plan to use it for personal use, then you can't. Also, like on a personal deal for creditworthiness, you'll need to show accounts showing a positive net worth to afford it (which you won't have).
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