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Car Buying Advice-Question about XC90 lease in Minnesota

vman916vman916 Posts: 6
edited March 2017 in Volvo

I am looking at potentially leasing a XC90 in Minnesota (zip 55413 - and this is a business lease, not sure if that makes a difference). Looking to see if the pricing I am getting is reasonable.

Volvo XC90 Momentum
Climate package
Vision package
Convenience package
- Bowers and Wilkins Audio
- 20 in wheels

Price: $63,990
Inception: $5000 (inclusive)
Monthly: $703
Factor rate: .00184
Residual: 55%

According to Edmunds the price is a bit high, but otherwise is this a good deal for this area?

Thanks in advance for any help.
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