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2018 Volvo XC60 Lease Deals and Prices

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Comments

  • MichaellMichaell ColoradoPosts: 146,777
    mateuz said:

    Can I get MF and Residual for T5 Momentum for 24, 36, and 39 at 7500, 10000, and 12000 miles? In PA.

    12K residuals; add 1% for 10K or 2% for 7.5K
    .00047 and 65% / 55% / 53%
    $800 lease bonus

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • I got financial options for 2018 XC60 T5 Momentum / 36/12k in NM.

    MSRP: $44,190.00
    Leasing Bonus: $800
    Drive off: $1102.00

    First payment: $648 + $454 = Registration & Doc Fee
    Calculated payment: $616.91

    Without tax, Michaell got $562/mo, which is almost $55 more.

    I don't know if it is good deal. And also is there any room for discount for MSRP?
  • kyfdxkyfdx Posts: 153,347

    I got financial options for 2018 XC60 T5 Momentum / 36/12k in NM.

    MSRP: $44,190.00
    Leasing Bonus: $800
    Drive off: $1102.00

    First payment: $648 + $454 = Registration & Doc Fee
    Calculated payment: $616.91

    Without tax, Michaell got $562/mo, which is almost $55 more.

    I don't know if it is good deal. And also is there any room for discount for MSRP?

    Did they give you selling price or adjusted CAP cost?

    $648/mo. for a $44K MSRP vehicle doesn't sound like a very good value

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

    Edmunds Moderator

  • Can I get details on the l$800 lease bonus? Is that a national offer?
  • MichaellMichaell ColoradoPosts: 146,777
    ibis8181 said:

    Can I get details on the l$800 lease bonus? Is that a national offer?

    Yes, national.

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • XC60 T5 Momentum 36/12k. MSRP: $44,190.00
    Leasing Bonus: $800
    Drive off: $1102.00

    They told me NM lease tax is 5.125%. and the base payment would be $583.11, adding taxes ($29.88) = $612.99 after $1102 out of pocket which includes first month payment plus $454 documentation & registration fee.

    However, they did not provide me a selling price or adjusted CAP Cost.

    Any suggestion?
  • MichaellMichaell ColoradoPosts: 146,777

    XC60 T5 Momentum 36/12k. MSRP: $44,190.00
    Leasing Bonus: $800
    Drive off: $1102.00

    They told me NM lease tax is 5.125%. and the base payment would be $583.11, adding taxes ($29.88) = $612.99 after $1102 out of pocket which includes first month payment plus $454 documentation & registration fee.

    However, they did not provide me a selling price or adjusted CAP Cost.

    Any suggestion?

    Ask for the adjusted CAP cost. Could be something hiding in that number the dealer doesn't want you to know 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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • can I get the MF/RV for a 2018 XC60 T5 AWD Momentum with Convenience/Vision/Advanced.12.3" nav/20" wheels/Protection pkg) - 36/10

    what is reasonable cap cost

    top credit
    99501 area code
    (sorry for the multiple posts !)
  • what are MF and RV for 2018 models in MN? Any incentives going on for November? are they doing conquest pull out lease with XC60? Thank you!
  • MichaellMichaell ColoradoPosts: 146,777
    bigalaska said:

    can I get the MF/RV for a 2018 XC60 T5 AWD Momentum with Convenience/Vision/Advanced.12.3" nav/20" wheels/Protection pkg) - 36/10

    what is reasonable cap cost

    top credit
    99501 area code
    (sorry for the multiple posts !)

    .00047 and 56%
    $800 lease bonus

    We don’t track pricing – use the “make / model / year” tabs at the top of the page to link to the Edmunds price tools.

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 146,777
    xman1982 said:

    what are MF and RV for 2018 models in MN? Any incentives going on for November? are they doing conquest pull out lease with XC60? Thank you!

    What trim level, term and miles per year?

    No information about conquest incentives for Volvo.

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • ydesaiydesai Posts: 4
    edited November 2017
    This was roughly my deal for xc90 awd T5 momentum:
    LeaseHcker: https://tinyurl.com/yoshiT5
    Terms:
    12k, 39 months
    MSRP: 59990 (upgraded wheels, conv and plus package, booster seat)
    Discount: 51440
    MF: 0.00063 (0.00113 - 0.0005) after 10 MSDs
    Residual: 55%

    Monthly Payment: 562 * 38 months
    upfront: 2500
    total: 562*38 + 2500 = 23856

    Is it good?
  • MichaellMichaell ColoradoPosts: 146,777
    ydesai said:

    This was roughly my deal for xc90 awd T5 momentum:
    LeaseHcker: https://tinyurl.com/yoshiT5
    Terms:
    12k, 39 months
    MSRP: 59990 (upgraded wheels, conv and plus package, booster seat)
    Discount: 51440
    MF: 0.00063 (0.00113 - 0.0005) after 10 MSDs
    Residual: 55%

    Monthly Payment: 562 * 38 months
    upfront: 2500
    total: 562*38 + 2500 = 23856

    Is it good?

    I get $526/mo plus tax with those numbers.

    What state and tax rate is this?

    What does the $2500 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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • ydesaiydesai Posts: 4
    edited November 2017
    ydesai said:

    This was roughly my deal for xc90 awd T5 momentum:
    LeaseHcker: https://tinyurl.com/yoshiT5
    Terms:
    12k, 39 months
    MSRP: 59990 (upgraded wheels, conv and plus package, booster seat)
    Discount: 51440
    MF: 0.00063 (0.00113 - 0.0005) after 10 MSDs
    Residual: 55%

    Monthly Payment: 562 * 38 months
    upfront: 2500
    total: 562*38 + 2500 = 23856

    Is it good?

    Michaell said:

    ydesai said:

    This was roughly my deal for xc90 awd T5 momentum:
    LeaseHcker: https://tinyurl.com/yoshiT5
    Terms:
    12k, 39 months
    MSRP: 59990 (upgraded wheels, conv and plus package, booster seat)
    Discount: 51440
    MF: 0.00063 (0.00113 - 0.0005) after 10 MSDs
    Residual: 55%

    Monthly Payment: 562 * 38 months
    upfront: 2500
    total: 562*38 + 2500 = 23856

    Is it good?

    I get $526/mo plus tax with those numbers.

    What state and tax rate is this?

    What does the $2500 cover?
    NJ 6.875%
    526 is without tax. 562 including taxes / month for 38 months.
    2500 covers (acq fee: 995, plates/registration: ~400, first month payment: 562, doc fee: 400)

    as i said earlier, total OUT of pocket for 39 months = 562*38 + 2500 = 23856
  • MichaellMichaell ColoradoPosts: 146,777
    ydesai said:

    ydesai said:

    This was roughly my deal for xc90 awd T5 momentum:
    LeaseHcker: https://tinyurl.com/yoshiT5
    Terms:
    12k, 39 months
    MSRP: 59990 (upgraded wheels, conv and plus package, booster seat)
    Discount: 51440
    MF: 0.00063 (0.00113 - 0.0005) after 10 MSDs
    Residual: 55%

    Monthly Payment: 562 * 38 months
    upfront: 2500
    total: 562*38 + 2500 = 23856

    Is it good?

    Michaell said:

    ydesai said:

    This was roughly my deal for xc90 awd T5 momentum:
    LeaseHcker: https://tinyurl.com/yoshiT5
    Terms:
    12k, 39 months
    MSRP: 59990 (upgraded wheels, conv and plus package, booster seat)
    Discount: 51440
    MF: 0.00063 (0.00113 - 0.0005) after 10 MSDs
    Residual: 55%

    Monthly Payment: 562 * 38 months
    upfront: 2500
    total: 562*38 + 2500 = 23856

    Is it good?

    I get $526/mo plus tax with those numbers.

    What state and tax rate is this?

    What does the $2500 cover?
    NJ 6.875%
    526 is without tax. 562 including taxes / month for 38 months.
    2500 covers (acq fee: 995, plates/registration: ~400, first month payment: 562, doc fee: 400)

    as i said earlier, total OUT of pocket for 39 months = 562*38 + 2500 = 23856
    Looks solid. Congrats!

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Follow up from the last post:

    XC60 T5 Momentum 36/12k. MSRP: $44,190.00
    Leasing Bonus: $800
    Drive off: $1102.00

    They told me NM lease tax is 5.125%. and the base payment would be $583.11, adding taxes ($29.88) = $612.99 after $1102 out of pocket which includes first month payment plus $454 documentation & registration fee.

    ________________________________

    They told me the adjusted cap cost is $43,390.00 with an 800.00 rebate.

    What do you think?
  • Yong Woo AnYong Woo An Posts: 12
    edited November 2017
    Update from the dealer.

    XC60 T5 Momentum 36/12k. MSRP: $44,190.00

    Sales Price = ?
    NM lease tax is 5.125%.

    DRIVE OFF $1102 and monthly payment including tax: $554/mo

    Is it good?

    I asked the adjusted CAP cost and what Drive off includes.

    Thank you.
  • kyfdxkyfdx Posts: 153,347

    Update from the dealer.

    XC60 T5 Momentum 36/12k. MSRP: $44,190.00

    Sales Price = ?
    NM lease tax is 5.125%.

    DRIVE OFF $1102 and monthly payment including tax: $554/mo

    Is it good?

    I asked the adjusted CAP cost and what Drive off includes.

    Thank you.

    You need the selling price and the adjusted CAP cost.
    Back of the napkin calculation shows you are getting about $1900 off MSRP, before subtracting the rebate, but you need the actual numbers.

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

    Edmunds Moderator

  • Hello .  Can I get MF / residual on 2018 xc60 momentum AWD T5 39/12k.  Zip 11731? 
    Thanks. 
  • Looking for RV/MF on T5/30/18 in Miami.
  • Howdy there! New user here. Glad I found this.

    I read through the whole of the 9 pages here. What a useful thread!! @kyfdx and @Michaell thanks for all your input!! :)

    I have a few questions:

    1. At what frequency do the MF and RV figure change?
    2. I see reply above showing the T6 Inscription is .00024 MF and 55%/53% residual for 36/39 @ 10k. Still valid?
    3. Can you provide the same figures for T5 Inscription?
    4. Does MF and RV really not change regardless of ANY options and package selections?
    5. I am in Queens, NY. My sales tax is 8.875% but I'm not clear on what amount NY charges tax for leases. Can you let me know the formula they use / how the tax is calculated?
    6. Is there any MF markup that's acceptable? I feel there isn't but just trying to get a second perspective.

  • Michaell said:

    ydesai said:

    ydesai said:

    This was roughly my deal for xc90 awd T5 momentum:
    LeaseHcker: https://tinyurl.com/yoshiT5
    Terms:
    12k, 39 months
    MSRP: 59990 (upgraded wheels, conv and plus package, booster seat)
    Discount: 51440
    MF: 0.00063 (0.00113 - 0.0005) after 10 MSDs
    Residual: 55%

    Monthly Payment: 562 * 38 months
    upfront: 2500
    total: 562*38 + 2500 = 23856

    Is it good?

    Michaell said:

    ydesai said:

    This was roughly my deal for xc90 awd T5 momentum:
    LeaseHcker: https://tinyurl.com/yoshiT5
    Terms:
    12k, 39 months
    MSRP: 59990 (upgraded wheels, conv and plus package, booster seat)
    Discount: 51440
    MF: 0.00063 (0.00113 - 0.0005) after 10 MSDs
    Residual: 55%

    Monthly Payment: 562 * 38 months
    upfront: 2500
    total: 562*38 + 2500 = 23856

    Is it good?

    I get $526/mo plus tax with those numbers.

    What state and tax rate is this?

    What does the $2500 cover?
    NJ 6.875%
    526 is without tax. 562 including taxes / month for 38 months.
    2500 covers (acq fee: 995, plates/registration: ~400, first month payment: 562, doc fee: 400)

    as i said earlier, total OUT of pocket for 39 months = 562*38 + 2500 = 23856
    Looks solid. Congrats!
    Minor correction, this is for a T6 AWD XC90 - just realized I put this in the wrong forum. will repost for others benefit in the XC90 lease pricing forum instead.
  • kyfdxkyfdx Posts: 153,347
    billmart said:

    Hello .  Can I get MF / residual on 2018 xc60 momentum AWD T5 39/12k.  Zip 11731? 
    Thanks. 

    .00047 MF and 53% residual
    $800 Lease Bonus

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

    Edmunds Moderator

  • kyfdxkyfdx Posts: 153,347
    fllexus2 said:

    Looking for RV/MF on T5/30/18 in Miami.

    Which trim?

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

    Edmunds Moderator

  • kyfdxkyfdx Posts: 153,347
    marc312 said:

    Howdy there! New user here. Glad I found this.

    I read through the whole of the 9 pages here. What a useful thread!! @kyfdx and @Michaell thanks for all your input!! :)

    I have a few questions:

    1. At what frequency do the MF and RV figure change?
    2. I see reply above showing the T6 Inscription is .00024 MF and 55%/53% residual for 36/39 @ 10k. Still valid?
    3. Can you provide the same figures for T5 Inscription?
    4. Does MF and RV really not change regardless of ANY options and package selections?
    5. I am in Queens, NY. My sales tax is 8.875% but I'm not clear on what amount NY charges tax for leases. Can you let me know the formula they use / how the tax is calculated?
    6. Is there any MF markup that's acceptable? I feel there isn't but just trying to get a second perspective.

    1) Monthly
    2) Yes
    3) .00044 MF and 56%/54% residual
    4) Trim, term, mileage are the only variables
    5) NY applies tax to the sum of the payments. This is the total payments, plus any CAP reductions/rebates. It then collects those amounts upfront. Of course, you can always roll this into your CAP cost.
    6) It's not acceptable to me.

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

    Edmunds Moderator

  • billmartbillmart Posts: 8
    edited November 2017
    Thanks Kyfdx... can I get same for momentum T5 AWD 36/12k?   Also, maybe silly question, but what is a Lease bonus? 
  • MichaellMichaell ColoradoPosts: 146,777
    billmart said:

    Thanks Kyfdx... can I get same for momentum T5 AWD 36/12k?   Also, maybe silly question, but what is a Lease bonus? 

    .00047 and 55%

    lease bonus is a factory incentive, like a rebate.

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdx said:

    marc312 said:

    Howdy there! New user here. Glad I found this.

    I read through the whole of the 9 pages here. What a useful thread!! @kyfdx and @Michaell thanks for all your input!! :)

    I have a few questions:

    1. At what frequency do the MF and RV figure change?
    2. I see reply above showing the T6 Inscription is .00024 MF and 55%/53% residual for 36/39 @ 10k. Still valid?
    3. Can you provide the same figures for T5 Inscription?
    4. Does MF and RV really not change regardless of ANY options and package selections?
    5. I am in Queens, NY. My sales tax is 8.875% but I'm not clear on what amount NY charges tax for leases. Can you let me know the formula they use / how the tax is calculated?
    6. Is there any MF markup that's acceptable? I feel there isn't but just trying to get a second perspective.

    1) Monthly
    2) Yes
    3) .00044 MF and 56%/54% residual
    4) Trim, term, mileage are the only variables
    5) NY applies tax to the sum of the payments. This is the total payments, plus any CAP reductions/rebates. It then collects those amounts upfront. Of course, you can always roll this into your CAP cost.
    6) It's not acceptable to me.
    @kyfdx Thanks!!! The quick reply is very much appreciated!

    So two follow-on questions.
    1. If one puts money down to reduce payments, is that taxed?
    2. If the dealer reduces the cap cost by discounting the sale price, that reduces the tax amount, correct?
  • MichaellMichaell ColoradoPosts: 146,777
    marc312 said:

    kyfdx said:

    marc312 said:

    Howdy there! New user here. Glad I found this.

    I read through the whole of the 9 pages here. What a useful thread!! @kyfdx and @Michaell thanks for all your input!! :)

    I have a few questions:

    1. At what frequency do the MF and RV figure change?
    2. I see reply above showing the T6 Inscription is .00024 MF and 55%/53% residual for 36/39 @ 10k. Still valid?
    3. Can you provide the same figures for T5 Inscription?
    4. Does MF and RV really not change regardless of ANY options and package selections?
    5. I am in Queens, NY. My sales tax is 8.875% but I'm not clear on what amount NY charges tax for leases. Can you let me know the formula they use / how the tax is calculated?
    6. Is there any MF markup that's acceptable? I feel there isn't but just trying to get a second perspective.

    1) Monthly
    2) Yes
    3) .00044 MF and 56%/54% residual
    4) Trim, term, mileage are the only variables
    5) NY applies tax to the sum of the payments. This is the total payments, plus any CAP reductions/rebates. It then collects those amounts upfront. Of course, you can always roll this into your CAP cost.
    6) It's not acceptable to me.
    @kyfdx Thanks!!! The quick reply is very much appreciated!

    So two follow-on questions.
    1. If one puts money down to reduce payments, is that taxed?
    2. If the dealer reduces the cap cost by discounting the sale price, that reduces the tax amount, correct?
    1. Yes, but we don't recommend a down payment on a lease - the idea is that a lease is pay as you go
    2. Yes, you want to negotiate the best price possible, before incentives. This will lower your payment, which will lower your tax burden

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • billmartbillmart Posts: 8
    edited November 2017
    Thanks Michael.  Awesome info.  
    can I get MF /RV: Momentum AWD T5 and T8 hybrid AWD 10k miles for 36 and 39 months?  Huntington NY
  • MichaellMichaell ColoradoPosts: 146,777
    billmart said:

    Thanks Michael.  Awesome info.  
    can I get MF /RV: Momentum AWD T5 and T8 hybrid AWD 10k miles for 36 and 39 months?  Huntington NY

    T5 - .00047 and 56% / 54%; $800 lease bonus
    T8 - .00127 and 52% / 50%; $800 lease bonus and $5002 non-cash credit

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hi - Could i get the 36 and 39 month MF and residual for T5 and T6 Momentum in Massachusetts? 10k miles/year. Thanks!
  • JulieM1024JulieM1024 ny, nyPosts: 5




    Hi, can anyone help me out with this quote? It's for a dealer in CT but I live in NY (11767). These payments just aren't matching up to what I'm putting into a lease calculator online. The sales manager is telling me it's because there are rebates/incentives that are taxable and the online calculator doesn't take that into effect. I'm so lost...

    Its a 2018 XC60 T6 R design
  • kyfdxkyfdx Posts: 153,347
    md278418 said:

    Hi - Could i get the 36 and 39 month MF and residual for T5 and T6 Momentum in Massachusetts? 10k miles/year. Thanks!

    T5: .00047 MF and 56%/54% residual
    T6: .00008 MF and 54%/52% residual

    $800 lease bonus

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

    Edmunds Moderator

  • kyfdxkyfdx Posts: 153,347
    edited November 2017





    Hi, can anyone help me out with this quote? It's for a dealer in CT but I live in NY (11767). These payments just aren't matching up to what I'm putting into a lease calculator online. The sales manager is telling me it's because there are rebates/incentives that are taxable and the online calculator doesn't take that into effect. I'm so lost...

    Its a 2018 XC60 T6 R design

    The money factor is marked up from the base .00025.
    Acquisition fee is marked up from $695 to $995.
    I get the same payment

    It's not surprising that an on-line calculator wouldn't match up. Besides tax, you have to be able to tell which amounts are paid upfront, and which are rolled into the CAP cost.

    The two markups add about $35/mo. to the payment.

    Changing to a 39/12 lease from 36/12 would drop the payment by another $35/mo.
    (same money factor, with 52% residual)

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

    Edmunds Moderator

  • This is the lease agreement I received from the dealership for T5 Momentum.
    MSRP $47440
    Inventory tax $107.50
    Sales tax $2965
    Doc fee $150
    Inspection $7
    License $130
    Road and bridge $20
    Title $33
    Total $50,852.50

    39 months, 12k miles
    $743.18 per month

    Does that sound right?
  • fs4294659 said:

    This is the lease agreement I received from the dealership for T5 Momentum.
    MSRP $47440
    Inventory tax $107.50
    Sales tax $2965
    Doc fee $150
    Inspection $7
    License $130
    Road and bridge $20
    Title $33
    Total $50,852.50

    39 months, 12k miles
    $743.18 per month

    Does that sound right?

    Forgot to add that it is $0 down payment and residual is showing to be $25143.20
  • dsafiandsafian Posts: 30
    edited November 2017
    Hello - I'm in LA and looking for a 2018 xc60 T8 R-design. In SoCal / 90026 what would the MF & RSD be (w/stellar credit) - 39mo. / 10k. I was talking to a dealer who told me it's .00116, and 50% RSD, but the RSD seems low. Searching through the thread, I'm seeing many variations on these numbers. Thank you!
  • Looking for RV/MF on Momentum T5/30/18 in Miami.
  • kyfdxkyfdx Posts: 153,347
    fs4294659 said:

    fs4294659 said:

    This is the lease agreement I received from the dealership for T5 Momentum.
    MSRP $47440
    Inventory tax $107.50
    Sales tax $2965
    Doc fee $150
    Inspection $7
    License $130
    Road and bridge $20
    Title $33
    Total $50,852.50

    39 months, 12k miles
    $743.18 per month

    Does that sound right?

    Forgot to add that it is $0 down payment and residual is showing to be $25143.20
    .00047 MF and 53% residual
    $800 lease bonus
    Is this Texas?

    Are you not getting any discount from sticker, at all?
    Even with no discount, and them keeping the rebate, I only get $695/mo. (which would be a terrible deal)

    This might be the worst lease quote, ever.

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

    Edmunds Moderator

  • kyfdxkyfdx Posts: 153,347
    dsafian said:

    Hello - I'm in LA and looking for a 2018 xc60 T8 R-design. In SoCal / 90026 what would the MF & RSD be (w/stellar credit) - 39mo. / 10k. I was talking to a dealer who told me it's .00116, and 50% RSD, but the RSD seems low. Searching through the thread, I'm seeing many variations on these numbers. Thank you!

    .00116 MF and 50% residual is correct.
    $5002 non-cash credit
    $800 lease bonus

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

    Edmunds Moderator

  • kyfdxkyfdx Posts: 153,347
    fllexus2 said:

    Looking for RV/MF on Momentum T5/30/18 in Miami.

    .00047 MF and 58% residual for 30/15

    Check with a dealer for the residual reduction for the extra 7500 miles

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

    Edmunds Moderator

  • kyfdx said:

    fs4294659 said:

    fs4294659 said:

    This is the lease agreement I received from the dealership for T5 Momentum.
    MSRP $47440
    Inventory tax $107.50
    Sales tax $2965
    Doc fee $150
    Inspection $7
    License $130
    Road and bridge $20
    Title $33
    Total $50,852.50

    39 months, 12k miles
    $743.18 per month

    Does that sound right?

    Forgot to add that it is $0 down payment and residual is showing to be $25143.20
    .00047 MF and 53% residual
    $800 lease bonus
    Is this Texas?

    Are you not getting any discount from sticker, at all?
    Even with no discount, and them keeping the rebate, I only get $695/mo. (which would be a terrible deal)

    This might be the worst lease quote, ever.
    Yes this is in Texas. Discount is the lease bonus $800. Due at signing is $1,106.63 which is first month payment and fees. Why is this a terrible deal?
  • MichaellMichaell ColoradoPosts: 146,777
    fs4294659 said:

    kyfdx said:

    fs4294659 said:

    fs4294659 said:

    This is the lease agreement I received from the dealership for T5 Momentum.
    MSRP $47440
    Inventory tax $107.50
    Sales tax $2965
    Doc fee $150
    Inspection $7
    License $130
    Road and bridge $20
    Title $33
    Total $50,852.50

    39 months, 12k miles
    $743.18 per month

    Does that sound right?

    Forgot to add that it is $0 down payment and residual is showing to be $25143.20
    .00047 MF and 53% residual
    $800 lease bonus
    Is this Texas?

    Are you not getting any discount from sticker, at all?
    Even with no discount, and them keeping the rebate, I only get $695/mo. (which would be a terrible deal)

    This might be the worst lease quote, ever.
    Yes this is in Texas. Discount is the lease bonus $800. Due at signing is $1,106.63 which is first month payment and fees. Why is this a terrible deal?
    No discount, aside from the incentive.

    A very general rule of thumb is that the lease payment should be right around 1% of MSRP. You've got a payment of 1.5% of MSRP, which is very high. Taxes in Texas hurt your payment, but you should be getting a discount from sticker to offset that.

    Read back through the last few pages of this thread to see what others have been able to negotiate on a similar vehicle.

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:
    This is the lease agreement I received from the dealership for T5 Momentum. MSRP $47440 Inventory tax $107.50 Sales tax $2965 Doc fee $150 Inspection $7 License $130 Road and bridge $20 Title $33 Total $50,852.50 39 months, 12k miles $743.18 per month Does that sound right?
    Forgot to add that it is $0 down payment and residual is showing to be $25143.20
    .00047 MF and 53% residual $800 lease bonus Is this Texas? Are you not getting any discount from sticker, at all? Even with no discount, and them keeping the rebate, I only get $695/mo. (which would be a terrible deal) This might be the worst lease quote, ever.
    Yes this is in Texas. Discount is the lease bonus $800. Due at signing is $1,106.63 which is first month payment and fees. Why is this a terrible deal?
    No discount, aside from the incentive. A very general rule of thumb is that the lease payment should be right around 1% of MSRP. You've got a payment of 1.5% of MSRP, which is very high. Taxes in Texas hurt your payment, but you should be getting a discount from sticker to offset that. Read back through the last few pages of this thread to see what others have been able to negotiate on a similar vehicle.
    1% of MSRP would be around $400/month which I doubt is possible on a new vehicle with $0 down payment?
  • MichaellMichaell ColoradoPosts: 146,777
    fs4294659 said:


    Michaell said:

    fs4294659 said:

    kyfdx said:

    fs4294659 said:

    fs4294659 said:

    This is the lease agreement I received from the dealership for T5 Momentum.
    MSRP $47440
    Inventory tax $107.50
    Sales tax $2965
    Doc fee $150
    Inspection $7
    License $130
    Road and bridge $20
    Title $33
    Total $50,852.50

    39 months, 12k miles
    $743.18 per month

    Does that sound right?

    Forgot to add that it is $0 down payment and residual is showing to be $25143.20
    .00047 MF and 53% residual
    $800 lease bonus
    Is this Texas?

    Are you not getting any discount from sticker, at all?
    Even with no discount, and them keeping the rebate, I only get $695/mo. (which would be a terrible deal)

    This might be the worst lease quote, ever.
    Yes this is in Texas. Discount is the lease bonus $800. Due at signing is $1,106.63 which is first month payment and fees. Why is this a terrible deal?
    No discount, aside from the incentive.

    A very general rule of thumb is that the lease payment should be right around 1% of MSRP. You've got a payment of 1.5% of MSRP, which is very high. Taxes in Texas hurt your payment, but you should be getting a discount from sticker to offset that.

    Read back through the last few pages of this thread to see what others have been able to negotiate on a similar vehicle.

    1% of MSRP would be around $400/month which I doubt is possible on a new vehicle with $0 down payment?

    As I said, the 1% is a very general rule of thumb; it doesn't apply to every car or every lease deal. And, as noted, the more fees and taxes you roll into the payment, the higher that payment becomes.

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:
    Michaell said:
    This is the lease agreement I received from the dealership for T5 Momentum. MSRP $47440 Inventory tax $107.50 Sales tax $2965 Doc fee $150 Inspection $7 License $130 Road and bridge $20 Title $33 Total $50,852.50 39 months, 12k miles $743.18 per month Does that sound right?
    Forgot to add that it is $0 down payment and residual is showing to be $25143.20
    .00047 MF and 53% residual $800 lease bonus Is this Texas? Are you not getting any discount from sticker, at all? Even with no discount, and them keeping the rebate, I only get $695/mo. (which would be a terrible deal) This might be the worst lease quote, ever.
    Yes this is in Texas. Discount is the lease bonus $800. Due at signing is $1,106.63 which is first month payment and fees. Why is this a terrible deal?
    No discount, aside from the incentive. A very general rule of thumb is that the lease payment should be right around 1% of MSRP. You've got a payment of 1.5% of MSRP, which is very high. Taxes in Texas hurt your payment, but you should be getting a discount from sticker to offset that. Read back through the last few pages of this thread to see what others have been able to negotiate on a similar vehicle.
    1% of MSRP would be around $400/month which I doubt is possible on a new vehicle with $0 down payment?
    As I said, the 1% is a very general rule of thumb; it doesn't apply to every car or every lease deal. And, as noted, the more fees and taxes you roll into the payment, the higher that payment becomes.
    So it is worst quote because I am not getting any discount, otherwise the numbers add up for the monthly lease?
  • MichaellMichaell ColoradoPosts: 146,777
    fs4294659 said:


    Michaell said:


    Michaell said:

    This is the lease agreement I received from the dealership for T5 Momentum.
    MSRP $47440
    Inventory tax $107.50
    Sales tax $2965
    Doc fee $150
    Inspection $7
    License $130
    Road and bridge $20
    Title $33
    Total $50,852.50

    39 months, 12k miles
    $743.18 per month

    Does that sound right?
    Forgot to add that it is $0 down payment and residual is showing to be $25143.20
    .00047 MF and 53% residual
    $800 lease bonus
    Is this Texas?

    Are you not getting any discount from sticker, at all?
    Even with no discount, and them keeping the rebate, I only get $695/mo. (which would be a terrible deal)

    This might be the worst lease quote, ever.
    Yes this is in Texas. Discount is the lease bonus $800. Due at signing is $1,106.63 which is first month payment and fees. Why is this a terrible deal?

    No discount, aside from the incentive.

    A very general rule of thumb is that the lease payment should be right around 1% of MSRP. You've got a payment of 1.5% of MSRP, which is very high. Taxes in Texas hurt your payment, but you should be getting a discount from sticker to offset that.

    Read back through the last few pages of this thread to see what others have been able to negotiate on a similar vehicle.

    1% of MSRP would be around $400/month which I doubt is possible on a new vehicle with $0 down payment?

    As I said, the 1% is a very general rule of thumb; it doesn't apply to every car or every lease deal. And, as noted, the more fees and taxes you roll into the payment, the higher that payment becomes.

    So it is worst quote because I am not getting any discount, otherwise the numbers add up for the monthly lease?


    Yep.

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • dsafiandsafian Posts: 30
    edited November 2017
    Can you please post MF & Residual for SoCal 2018 xc60 T8 R-design (10k / 39mo.) ? thank you
  • MichaellMichaell ColoradoPosts: 146,777
    dsafian said:

    Can you please post MF & Residual for SoCal 2018 xc60 T8 R-design (10k / 39mo.) ? thank you

    .00112 and 50%
    $800 lease bonus
    $5002 non-cash credit

    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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