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2018 volvo v90 xc lease

robster21robster21 Posts: 8
edited December 2017 in Volvo
Looking for input on some lease numbers from a dealer in MA on a 2018 V90 XC T5 Momentum.

MSPR is approx $55k. Sales prices was $45k ($6k was from rebates the rest was dealer discount) MF was .00066 and residual value was 49%. I was quoted $470/mo for 39/mo 15k/yr with $5k down. Don't like the $5k down.....thoughts?

Answers

  • kyfdxkyfdx Posts: 104,168
    robster21 said:

    Looking for input on some lease numbers from a dealer in MA on a 2018 V90 XC T5 Momentum.

    MSPR is approx $55k. Sales prices was $45k ($6k was from rebates the rest was dealer discount) MF was .00066 and residual value was 49%. I was quoted $470/mo for 39/mo 15k/yr with $5k down. Don't like the $5k down.....thoughts?

    .00046 MF and 49% residual for 39/15
    $500 HSE Allowance

    To get a pre-tax payment of $442/mo., the adjusted CAP would have to be about $42,400.
    If $5K is the total amount due at signing, then the added costs are about $2400.

    $470 first payment
    $695 acquisition fee
    $500 dealer/DMV fees (est)
    $600 upfront tax on rebates, cap reduction, acq.fee (est)

    Thats $2275, which isn't far off the extra $2400 we are looking for. (of course, some of that was estimated)
    The money factor is marked up by .00020, which adds about $16/mo. to the payment.

    Get the base money factor and reduce the upfront money to $1500, and the monthly payment will be about $551/mo, tax included (vs. $470 with $5000 upfront and marked up money factor).

    That's with no other changes in the deal.
    Not a bad payment for a $55K MSRP vehicle.

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

    Edmunds Moderator

  • robster21robster21 Posts: 8
    edited December 2017
    Had a follow up call with the dealer before reading your response. They reduced the MF to 0.00046. They full boated the acquisition fee of $995 and Doc fee of $429. I asked them to re-run the monthly payment using the new MF and $1000 down, 39/mo 15k/yr = $554.

    I did notice that a few dealers in the area had an even greater price drop to about $11-12k under MSRP which includes the $6k in rebates. I think dealers have over allocated these vehicles and they're going stale.
  • Can I get lease numbers for 12k/36 and 39 months on a T6 Inscription?  Thanks
  • MichaellMichaell ColoradoPosts: 93,890
    patgilm said:

    Can I get lease numbers for 12k/36 and 39 months on a T6 Inscription?  Thanks

    .00219 and 50% / 49%

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    MODERATOR

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

  • Wow MF went up a lot since last month. 
  • I have the option of getting a new XC90 this month or wait until next month. Which month (Feb. or Mar.) is typically better? Thanks.
  • kyfdxkyfdx Posts: 104,168

    I have the option of getting a new XC90 this month or wait until next month. Which month (Feb. or Mar.) is typically better? Thanks.

    There is no historical trend on rates from one month to the next.

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

    Edmunds Moderator

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