While some of these do go through pads pretty quickly, especially in the rear, you can do a lot of brake jobs for $1600. I doubt you’ll come out ahead on that one. On my S90, that spent most of its 30k mile lease life in stop and go traffic in Los Angeles, I spent $3-400 on brake services.
Wasn’t that the music festival in the Caribbean that didn’t happen?
Your car will be under warranty the entire lease. Unless you have a history of burning through tires/brakes at an obscene rate, I would just roll the dice.
After 1 year/6000 miles, Volvo replaced my rear/squeeking brake pads a couple weeks ago under warranty, drives like new.