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2017 Volvo S90 Lease Deals and Prices

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Comments

  • I am very confused here. So if I can get some help? The following are the numbers given to me by the dealership, for some reason when I put them into a lease calculator I do not come up with the same numbers the dealer does. I have used multiple calculators. some are within just a dollar or two, others as much as 50 dollars off.

    T5 Inscription
    MSRP - 57655
    Sales Price 52000
    With docs and varies other fees to include tax total cash price is 57107.
    Residual is 29754
    39 / 12K Lease is 709.05 per month including taxes.
    the CA tax rate is 9.75.

    does this seem like accurate numbers, and is it a fair deal?

  • kyfdxkyfdx Posts: 113,421
    batdog17 said:

    I am very confused here. So if I can get some help? The following are the numbers given to me by the dealership, for some reason when I put them into a lease calculator I do not come up with the same numbers the dealer does. I have used multiple calculators. some are within just a dollar or two, others as much as 50 dollars off.

    T5 Inscription
    MSRP - 57655
    Sales Price 52000
    With docs and varies other fees to include tax total cash price is 57107.
    Residual is 29754
    39 / 12K Lease is 709.05 per month including taxes.
    the CA tax rate is 9.75.

    does this seem like accurate numbers, and is it a fair deal?

    You can't use the cash price to calculate a lease. Taxes in CA are paid on the lease payment, not collected upfront. You need the adjusted CAP cost.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • car&watchcar&watch Posts: 22
    edited February 2017
    Thoughts on this S90 advertised lease? They are advertising 499/month 499 due at signing (plus taxes, tags and doc fee). I'm in PA. Assuming the same sale price, what would total due at signing and final monthly payment be if I need 15k/year?'

    VIN H1004640. Stk VOH0169. 4DR, 4-cylinder, 8-speed Automatic,mileage: 37 mi., air conditioning, power steering/ABS brakes/windows/locks/mirrors, cd/MP3, vision/climate/convenience package. MSRP: $59,205. $499 due at inception. $0 down + 1st mo pymt $499+ bank fee incl. + $0 sec dep. $19,461 ttl pymts/$30,194 residual. Prices include all costs to be paid by a consumer except for licensing, registration, taxes, and $299 doc. fee. Tier 1 credit approval thru primary lender. Lessee resp. for excess wear/tear. 10K mi. per yr/.25¢ per mi. over thereafter. See dealer for complete details. Not resp. for typos. Offers expire 2/28/17.
  • MichaellMichaell ColoradoPosts: 103,396
    edited March 2017
    car&watch said:

    Thoughts on this S90 advertised lease? They are advertising 499/month 499 due at signing (plus taxes, tags and doc fee). I'm in PA. Assuming the same sale price, what would total due at signing and final monthly payment be if I need 15k/year?'

    VIN H1004640. Stk VOH0169. 4DR, 4-cylinder, 8-speed Automatic,mileage: 37 mi., air conditioning, power steering/ABS brakes/windows/locks/mirrors, cd/MP3, vision/climate/convenience package. MSRP: $59,205. $499 due at inception. $0 down + 1st mo pymt $499+ bank fee incl. + $0 sec dep. $19,461 ttl pymts/$30,194 residual. Prices include all costs to be paid by a consumer except for licensing, registration, taxes, and $299 doc. fee. Tier 1 credit approval thru primary lender. Lessee resp. for excess wear/tear. 10K mi. per yr/.25¢ per mi. over thereafter. See dealer for complete details. Not resp. for typos. Offers expire 2/28/17.

    The difference between 10K per year and 15K is 3% of MSRP, or $1776.

    I don't see a lease term mentioned.

    On the surface, $499/mo + tax (9% in PA) is a decent payment on a $59K car.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • T5 Momentum 
    MSRP: 51,005
    Sale Price: $43,500
    36 mo/ 12,000 miles 
    8.75% tax
    $494 a mo/ $1910 drive off. 

    Decent deal ? 
  • MichaellMichaell ColoradoPosts: 103,396
    acbrown19 said:

    T5 Momentum 
    MSRP: 51,005
    Sale Price: $43,500
    36 mo/ 12,000 miles 
    8.75% tax
    $494 a mo/ $1910 drive off. 

    Decent deal ? 

    .00010 and 53%

    With your prices, I get $505/mo with tax.

    What does the $1910 cover?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:
    T5 Momentum 
    MSRP: 51,005
    Sale Price: $43,500
    36 mo/ 12,000 miles 
    8.75% tax
    $494 a mo/ $1910 drive off. 

    Decent deal ? 
    .00010 and 53% With your prices, I get $505/mo with tax. What does the $1910 cover?
    Acquisition fee, first month payment, registration, and the other little fees. CA state. 

    Seems pretty reasonable for a $51,000 car. And a decent discount. 
  • MichaellMichaell ColoradoPosts: 103,396
    acbrown19 said:


    Michaell said:

    acbrown19 said:

    T5 Momentum 
    MSRP: 51,005
    Sale Price: $43,500
    36 mo/ 12,000 miles 
    8.75% tax
    $494 a mo/ $1910 drive off. 

    Decent deal ? 

    .00010 and 53%

    With your prices, I get $505/mo with tax.

    What does the $1910 cover?

    Acquisition fee, first month payment, registration, and the other little fees. CA state. 

    Seems pretty reasonable for a $51,000 car. And a decent discount. 

    I agree with the discount. I would suggest rolling the acquisition fee into the payment.

    Other than that, if you're comfortable with the discount from sticker, not much to complain about.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • aelwyn76aelwyn76 Denver, COPosts: 3
    Might I ask the MF and residual for a T6 Inscription at 36 months, 10k miles per year? Thanks!
  • kyfdxkyfdx Posts: 113,421
    aelwyn76 said:

    Might I ask the MF and residual for a T6 Inscription at 36 months, 10k miles per year? Thanks!

    .00001 MF and 52% residual
    $2000 Lease Bonus
    $3713 S90 T6 AWD and Vision Pkg incentive

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jtmav51jtmav51 Posts: 11
    edited March 2017
    Love your view on this
    MSRP is $65510
    Discount $9950
    Cost $55560
    36 months
    15k per year
    MF 00001
    Residual 49%
    Cap cost reduction $3000
    $1307.03 due up front which includes 1st payment, documentation fee, tax and registration fees
    $575.09 including tax per month
    I am in MA
    Thanks for any help,
    Jtmav
  • MichaellMichaell ColoradoPosts: 103,396
    jtmav51 said:

    Love your view on this
    MSRP is $65510
    Discount $9950
    Cost $55560
    36 months
    15k per year
    MF 00001
    Residual 49%
    Cap cost reduction $3000
    $1307.03 due up front which includes 1st payment, documentation fee, tax and registration fees
    $575.09 including tax per month
    I am in MA
    Thanks for any help,
    Jtmav

    Without the cap reduction, I get $693/mo with tax included; $605/mo with the cap reduction.

    We don't recommend the cap reduction - that money would be lost if the car is stolen and totaled, and it masks the true cost of the lease.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • jtmav51jtmav51 Posts: 11
    Well those are the dealers numbers, what am I missing here? Apologize for my ignorance,
    Jtmav
  • MichaellMichaell ColoradoPosts: 103,396
    jtmav51 said:

    Well those are the dealers numbers, what am I missing here? Apologize for my ignorance,
    Jtmav

    I can't explain why the dealer quote is less than my calculations.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • jtmav51jtmav51 Posts: 11
    Thank you, I guess I will see how it ends up. Appreciate your candor and help.
    Jtmav
  • MichaellMichaell ColoradoPosts: 103,396
    jtmav51 said:

    Thank you, I guess I will see how it ends up. Appreciate your candor and help.
    Jtmav

    Thanks!

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Can you please let me know your thought.. 

    volvos90, T6 - vision and conv package
    Msrp-$57,490
    Discount-$4,179
    selling price-$53,311

    36 mo., 10k miles
    $843 a month 

    I live in TX

    seems quite high based on some of the other deals people have been getting on this board..

    thank you!!

  • MichaellMichaell ColoradoPosts: 103,396

    Can you please let me know your thought.. 

    volvos90, T6 - vision and conv package
    Msrp-$57,490
    Discount-$4,179
    selling price-$53,311

    36 mo., 10k miles
    $843 a month 

    I live in TX

    seems quite high based on some of the other deals people have been getting on this board..

    thank you!!

    Texas assesses sales tax against the entire selling price, which will make your lease payment very high by comparison.

    Ask the dealer what the adjusted cap cost, and how they got to that number from the selling price.

    Is this the Momentum or Inscription trim?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • This is momentum.  Attached is the breakdown they provided.  He said disregard the vehicle service cont..  that didn't seem to factor into their net sales price after adding it up
  • MichaellMichaell ColoradoPosts: 103,396

    This is momentum.  Attached is the breakdown they provided.  He said disregard the vehicle service cont..  that didn't seem to factor into their net sales price after adding it up

    I don't see the acquisition fee mentioned anywhere.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Good call. I also don't see it. I was able to attach the complete quote while cropping out my address..  other than the possible acquisition fee, does this look reasonable?  Are there any other questions I should be asking?
    Thanks again for your help 

  • MichaellMichaell ColoradoPosts: 103,396

    Good call. I also don't see it. I was able to attach the complete quote while cropping out my address..  other than the possible acquisition fee, does this look reasonable?  Are there any other questions I should be asking?
    Thanks again for your help 

    For 36/10, the lease numbers are .00025 and 53%.

    With your prices, I get $770/mo with $0 down.

    Politely tell the dealer you won't sign anything where the MF is marked up; they know what the base rate is.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Thank you!  May I ask how you got to that number?  I typed in those numbers into the Edmunds lease calculator and got $810 a month. Perhaps I entered it incorrectly?


  • MichaellMichaell ColoradoPosts: 103,396

    Thank you!  May I ask how you got to that number?  I typed in those numbers into the Edmunds lease calculator and got $810 a month. Perhaps I entered it incorrectly?


    I have a home-grown spreadsheet calculator; on-line calcs sometimes make assumptions we know nothing about.

    https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Very helpful calculator! I used the numbers and plugged it into your spreadsheet and came up with $717 a month (with a 6.5% sales tax)... not sure where I made the mistake, but a bit off from your $770 figure.. learning so much from this, thank you!

    MSRP $57,490.00
    times residual value percentage 0.53
    equals the residual value $30,469.70
    negotgiated selling price of car $53,311.00
    add in fees $644.00
    add lines 4&5 gross capitalized c ost $53,955.00
    substract down payment/rebates 0
    Adjusted capitalized cost $53,955.00
    substract residual value from adjusted cap cost $23,485.30
    divide depcreciation amount by number of months in lease $652.37
    add adjusted cap cost and residual value x money factor (.00025) $21.11
    add the rent charge to base payment to get pretax lease payment $673.48
    multiply tax rate by pretax lease payment for total lease payment $717.25

  • kyfdxkyfdx Posts: 113,421

    Very helpful calculator! I used the numbers and plugged it into your spreadsheet and came up with $717 a month (with a 6.5% sales tax)... not sure where I made the mistake, but a bit off from your $770 figure.. learning so much from this, thank you!

    MSRP $57,490.00
    times residual value percentage 0.53
    equals the residual value $30,469.70
    negotgiated selling price of car $53,311.00
    add in fees $644.00
    add lines 4&5 gross capitalized c ost $53,955.00
    substract down payment/rebates 0
    Adjusted capitalized cost $53,955.00
    substract residual value from adjusted cap cost $23,485.30
    divide depcreciation amount by number of months in lease $652.37
    add adjusted cap cost and residual value x money factor (.00025) $21.11
    add the rent charge to base payment to get pretax lease payment $673.48
    multiply tax rate by pretax lease payment for total lease payment $717.25

    I can't speak for what @michaell included in his calculations, but I agree with your math.

    As noted above, the acquisition fee isn't accounted for, and the dealership hasn't disclosed the money factor they are using, either.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx said:

    Very helpful calculator! I used the numbers and plugged it into your spreadsheet and came up with $717 a month (with a 6.5% sales tax)... not sure where I made the mistake, but a bit off from your $770 figure.. learning so much from this, thank you!

    MSRP $57,490.00
    times residual value percentage 0.53
    equals the residual value $30,469.70
    negotgiated selling price of car $53,311.00
    add in fees $644.00
    add lines 4&5 gross capitalized c ost $53,955.00
    substract down payment/rebates 0
    Adjusted capitalized cost $53,955.00
    substract residual value from adjusted cap cost $23,485.30
    divide depcreciation amount by number of months in lease $652.37
    add adjusted cap cost and residual value x money factor (.00025) $21.11
    add the rent charge to base payment to get pretax lease payment $673.48
    multiply tax rate by pretax lease payment for total lease payment $717.25

    I can't speak for what @michaell included in his calculations, but I agree with your math.

    As noted above, the acquisition fee isn't accounted for, and the dealership hasn't disclosed the money factor they are using, either.
    Is the difference because in Texas taxes are paid on entire price and not monthly payment?
  • kyfdxkyfdx Posts: 113,421
    bolero554 said:

    kyfdx said:

    Very helpful calculator! I used the numbers and plugged it into your spreadsheet and came up with $717 a month (with a 6.5% sales tax)... not sure where I made the mistake, but a bit off from your $770 figure.. learning so much from this, thank you!

    MSRP $57,490.00
    times residual value percentage 0.53
    equals the residual value $30,469.70
    negotgiated selling price of car $53,311.00
    add in fees $644.00
    add lines 4&5 gross capitalized c ost $53,955.00
    substract down payment/rebates 0
    Adjusted capitalized cost $53,955.00
    substract residual value from adjusted cap cost $23,485.30
    divide depcreciation amount by number of months in lease $652.37
    add adjusted cap cost and residual value x money factor (.00025) $21.11
    add the rent charge to base payment to get pretax lease payment $673.48
    multiply tax rate by pretax lease payment for total lease payment $717.25

    I can't speak for what @michaell included in his calculations, but I agree with your math.

    As noted above, the acquisition fee isn't accounted for, and the dealership hasn't disclosed the money factor they are using, either.
    Is the difference because in Texas taxes are paid on entire price and not monthly payment?
    Ahh.... yes. Texas taxes the full selling price. Calculate that amount and add it to the CAP cost. Then leave out any other tax calculation.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Good call! I now get exactly $770.. thanks guys!

    As I wrote this, another local dealership emailed me offering 699 a month with 699 down (for the exact same vehicle), but claimed they couldn't release their MF or Residual.. I always thought that those numbers would be consistent with all dealerships, but I guess not.. thanks again!
  • kyfdxkyfdx Posts: 113,421

    Good call! I now get exactly $770.. thanks guys!

    As I wrote this, another local dealership emailed me offering 699 a month with 699 down (for the exact same vehicle), but claimed they couldn't release their MF or Residual.. I always thought that those numbers would be consistent with all dealerships, but I guess not.. thanks again!

    Residuals will be consistent. Dealers can mark up the money factor for extra profit.
    But, if you are getting a better deal, then they aren't likely to have a markup

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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