Volvo‘s US division has dropped prices for the S60 T5 FWD model, which starts at $30,795, excluding an $875 destination fee. That’s $450 less than the previous base price. The updated offer is also accompanied by a special introductory lease rate plan of $299/month, available until February 28, 2011.

The T5’s standard equipment includes among other things, power driver seat with memory, power folding rear head restraints, front and rear sport seats, leather steering wheel with metal inlays, dual-zone air conditioning, infotainment and 8-speaker sound system, Bluetooth hands-free phone interface, T-Tec textile upholstery and 17-inch alloys.

There’s no shortage of safety systems as well, such as Corner Traction Control by torque vectoring, Advanced Stability Control, Dynamic Stability and Traction Control (DSTC), Whiplash Protection Seating System (WHIPS) and a host of airbags.

Furthermore, the S60 includes Volvo’s Safe+Secure Coverage Plan, which means owners pay nothing to repair or maintain their vehicles for 5 year or 60,000 miles, minus when replacing the tires.

The coverage plan specifically comprises:

5 years/60,000 miles of New Car Warranty

5 years/60,000 miles of Complimentary Factory Scheduled Maintenance

5 years/60,000 miles of Wear and Tear Coverage

5 years/Unlimited miles of Volvo On Call Roadside Assistance

The S60 T5 is motivated by a turbocharged 2.5-liter 5-cylinder engine, delivering 250HP and 266 lb-ft (361 Nm) of torque – or 295 lb-ft (401 Nm) in “over boost” mode. Power is sent to the front wheels through Volvo’s second-generation 6-speed automatic Geartronic transmission. The 0-to-60 mph (96 km/h) sprint takes just 6.8 seconds, while the top speed is electronically limited to 130 mph (209 km/h).

By Csaba Daradics

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