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Comments
.00029 MF and 53% residual
$750 Volvo Allowance
$2000 Lease Bonus
Either trim.
39 month residuals are not good.
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$2750 incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
looking Ng at both the 2018 and 2019 Volvo V90 T6 r design 24/15k and 36/15k. I’m located in the 46032 zip code. But I’m shopping nationwide due to scarcity. MF and RV? Dealer states the following
For a 36/15k lease, the residual is 56% and the money factor (buy rate) is .00139.
barf. Thank you
2018: .00029 MF and 50% residual
$750 Volvo Allowance
$2000 Lease Bonus
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Thanks for the numbers!
I'll apologize for the long post. Just wondering if my lease numbers seem realistic?
Dealer had given me an updated purchase quote after I reminded them of A-Plan pricing...
56960 MSRP
-12529 Savings
44431 Dealer Price (before A-Plan was 48570)
+4008.68 Tax (CA est.)
+80 Doc Fee
+8.75 Tire/Battery/MVWEA
+523 CA DMV (est.)
+30 Electronic Filing
+21 Flat Add/County Fee
49102 Purchase
Dealer also quoted me - "MF on lease is .00079, residual is 52%, or $29,619.20"
My math from Edmunds Calculate Your Own Lease Payment page...
1. Sticker price (MSRP) of the car $56960
2. Times the residual value percentage x 0.52
3. Equals the residual value = $29,619.20
4. Negotiated selling price of car $44431 (A-Plan)
5. Add in fees + $662.75 (from above, no CA tax)
6. Add lines 4 and 5 to get gross capitalized cost = $45093.75
7. Subtract your down payment and rebates - $1000
($3000/4000/5000 are amounts dealer quoted initially for lease down payment)
(First payment (~450) + DMV (~525) = I'll call it $1000 down)
8. This is your adjusted capitalized cost = $44093.75
9. Subtract the residual value from adjusted capitalized cost. This is your depreciation amount.
$44093.75 - $29619.20 = $14474.55
10. Divide the depreciation amount by number of months in your lease. This will be your base payment.
$14474.55/36 = $402.07 (346.52 w/3000 down)
11. Add the adjusted capitalized cost and the residual value. Take the sum and multiply it by money factor. This is your monthly rent charge.
($44093.75 + $29619.20 = 73712.95) x 0.00079 = $58.23
($44093.75 + $29619.20 = 73712.95) x 0.00029 = $21.38
12. Add the rent charge to your base payment to get your pretax lease payment
~~~~~~~~~~~~~~~~~~~~1000 down~~~~~~~~~~~~~~~~~~~~~
$402.07 + $58.23 = $460.30 (1000 down x .00079)
$402.07 + $21.38 = $423.45 (1000 down x .00029)
~~~~~~~~~~~~~~~~~~~~3000 down~~~~~~~~~~~~~~~~~~~~~
$346.52 + $56.65 = $403.17 (3000 down x .00079)
$346.52 + $20.82 = $367.34 (3000 down x .00029)
13. Multiply your tax rate by the pretax lease payment to get the total lease payment.
~~~~~~~~~~~~~~~~~~~~1000 down~~~~~~~~~~~~~~~~~~~~~
$460.30 x 1.095 = $504.03 (1000 down x .00079)
$423.45 x 1.095 = $463.68 (1000 down x .00029)
~~~~~~~~~~~~~~~~~~~~3000 down~~~~~~~~~~~~~~~~~~~~~
$403.17 x 1.095 = $441.47 (3000 down x .00079)
$367.34 x 1.095 = $402.24 (3000 down x .00029)
So, I think I've learned that I need to tell them that I want to put down $1000 to cover First Lease Payment and DMV Fees (payment drops ~$30 per $1000 down)
And I need to negotiate the MF down from .00079 :-)
And it's a 2018 V90 T5 Inscription in Pine Grey w/Amber interior, w/20s and a few little options.
And yes, I want it :-)
Maybe I should ask for mud flaps and PoleStar.
Thank you again for your time!
-Rick
For a lease, CA taxes the monthly payment. (as you noted)
Also, no mention of the $695 acquisition fee (often marked up to $995)
I would guess that A-Plan price already includes all incentives. Be sure to ask the dealer.
They are marking up the money factor by .00050.
Leave out the DMV fees, as you want to pay them upfront.
Don't enter any money down, or rebates.
Take the negotiated price and add the $695 acquisition fee
Then, do you calculations from that price. ($45126)
At lease signing, 1st payment (including 9.5% tax) + $662.75 in fees
$453/mo.+tax = $496.mo. with $1159 due at signing. (using .00029 base MF)
Tell them you don't appreciate them marking up the financing. You expected better, as an A-Plan customer.
If you get rebates, to be subtracted from the negotiated price, so much the better.
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Thanks!
You had mentioned that Volvos don't lease very well.
Working with the dealer, the lease incentives were limited as opposed to A-Plan purchase incentives, rebates, etc.
Ended up purchasing the one I wanted right off the showroom floor. That was kinda cool! In CA, we're lucky enough to have wagons available, as opposed to having to order one (non CC).
Anyway, thank you again for your help.
-Rick
Want to tell us the MSRP and price?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$750 Volvo Allowance
$2000 lease bonus
For all three trims
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Could I have the MF and Residual for a 2018 V90 CC T5 for 07070 and 20814?
36/12k and 36/15k
If I lease from a dealer out of state should I be paying NJ or MD rates (if they are different)?
36/15
.00029 and 50%
$2750 incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
thank u
$2750 incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can you please provide MF / Res and loyalty or any other rebates or incentives for a 2018 V90 XC T5 in zip 33409? 36/10k and 36/7.5k
Thanks
.00029 MF and 50% residual
$750 Volvo Allowance
$2000 Lease Bonus
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Can you please provide MF / Res and loyalty or any other rebates or incentives for a 2018 V90 XC T5 in zip 33409 on a 36/7.5k lease?
$750 Volvo Allowance
$2000 Lease Bonus
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Thanks!
.00029 MF and 50% residual
$750 Volvo Allowance
$2000 lease bonus
All three trims.
24 month residuals aren't worth it.
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Thanks
If any incentives, can these be combined with Aplan? Thanks!
.00029 MF and 53% residual (55% on T5 R Design)
$750 Volvo Allowance
$2000 lease bonus
All three trims.
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Thanks!
T5 Inscription, Pine Grey, Amber interior w/20s
As optioned 57000 MSRP
With 10y/100k OTD 48000
And waiting on the mud flaps they said they throw in ;-)
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Looking for rv mf and incentives for
V90 CC T6 AWD WAGON
Thank you
.00029 MF and 53% residual
$750 Volvo Allowance
$2000 lease bonus
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.00029 MF and 52% residual
$750 Volvo Allowance
$2000 Lease Bonus
$500 loyalty
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$750 Volvo Allowance
$2000 lease bonus
$500 loyalty
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Edmunds Moderator
$750 Volvo Allowance
$2000 lease bonus
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Thanks!
$750 Volvo Allowance
$2000 Lease Bonus
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Thank you.
$750 Volvo Allowance
$2000 VCFS Lease Bonus - NER
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Total Cash of $2750 includes:
$750 Volvo Allowance
$2000 VCFS Lease Bonus - NER
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
V90 T5 R-Design - 10k mi / 24mo and 36mo
Thanks!
Total Cash of $2750 includes:
$750 Volvo Allowance exp. 01/02/2019
$2000 VCFS Lease Bonus - SR exp. 01/02/2019
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
No other changes
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T-5 Inscription from 53%-51% ?
T-6 R-design from 52%-50% ?
Thanks
What term/mileage?
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36/10