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2018 Volvo XC90 T6 Momentum

hanksal21hanksal21 Member Posts: 18
edited January 2018 in Volvo
Can you please tell me the MF and residual value for 36/10K in Florida for 2018 Volvo XC90 T6 Momentum?

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  • hanksal21hanksal21 Member Posts: 18
    AWD
  • MichaellMichaell Moderator Posts: 250,028
    hanksal21 said:

    Can you please tell me the MF and residual value for 36/10K in Florida for 2018 Volvo XC90 T6 Momentum?

    hanksal21 said:

    AWD

    .00117 and 57%
    $2500 Volvo allowance

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  • wkhokarwkhokar Member Posts: 41
    Looking for a MF in VA for 2018 XC90 T6 MOM.
    MSRP - $59,835
    Residual - 50% ($29,999)
    Disc Price - $51,800
    39/15K
  • MichaellMichaell Moderator Posts: 250,028
    wkhokar said:

    Looking for a MF in VA for 2018 XC90 T6 MOM.
    MSRP - $59,835
    Residual - 50% ($29,999)
    Disc Price - $51,800
    39/15K

    .00110 and 50%
    $1000 VCFS Lease Bonus
    $3750 Volvo Allowance

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  • wkhokarwkhokar Member Posts: 41
    Thanks Michael.

    They are offering 52% residual and 0.0011 MF, offer detail are listed below for 39/15k:

    Retail Price (MSRP): $59,490
    Sales Price: $50,350
    Fees:
    - Government Fees: $138.50
    - Proc/Doc Fees: $699.00
    - Capitalized Taxes: $2,200.22
    - Acquisition Fee: $995.00
    Gross Cap Cost: $54,382.71
    Cash Down: $5,000
    Net Cap Cost: $49,989.49

    Monthly payment: $607.00

    Does this look accurate?
  • kyfdxkyfdx Moderator Posts: 250,819
    wkhokar said:

    Thanks Michael.

    They are offering 52% residual and 0.0011 MF, offer detail are listed below for 39/15k:

    Retail Price (MSRP): $59,490
    Sales Price: $50,350
    Fees:
    - Government Fees: $138.50
    - Proc/Doc Fees: $699.00
    - Capitalized Taxes: $2,200.22
    - Acquisition Fee: $995.00
    Gross Cap Cost: $54,382.71
    Cash Down: $5,000
    Net Cap Cost: $49,989.49

    Monthly payment: $607.00

    Does this look accurate?

    52% is the 36/15 residual
    It's 50% for 39/15
    (and, with that payment, they used 50%).

    Acquisition fee is marked up by $300
    $699 is a garbage fee..

    $5000 is a lot to put upfront on a lease.
    The calculations seem to be correct.

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  • wkhokarwkhokar Member Posts: 41
    Thanks Michael - walking away from it, they didn’t budge on the acquisition and doc fees. Would it better to use that payment toward Multiple security deposit, instead of down payment?
  • MichaellMichaell Moderator Posts: 250,028
    wkhokar said:

    Thanks Michael - walking away from it, they didn’t budge on the acquisition and doc fees. Would it better to use that payment toward Multiple security deposit, instead of down payment?

    Yes, MSDs are preferred over CAP reduction

    You should negotaite a lower selling price to offset the markup to the acquisition fee and the doc fee.

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  • waqii_deppwaqii_depp Member Posts: 6
    edited August 2018
    What is the MF, RV and acquisition fee on a 2019 T6 Momentum and Inscription 36month /12K in zip 60053 ?
  • MichaellMichaell Moderator Posts: 250,028

    What is the MF, RV and acquisition fee on a 2019 T6 Momentum and Inscription 36month /12K in zip 60053 ?

    I see you have posted in the 2019 XC90 thread; I will answer you over there.

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  • JohnGiaJohnGia Member Posts: 13
    edited November 2018
    Can you please tell me the money factor, 12k residual, incentives/rebates, best term on a 2019 VOLVO XC90 T6 MOMENTUM registered in Connecticut 06831? They own a Mercedes now. Thank you very much.
  • MichaellMichaell Moderator Posts: 250,028
    JohnGia said:

    Can you please tell me the money factor, 12k residual, incentives/rebates, best term on a 2019 VOLVO XC90 T6 MOMENTUM registered in Connecticut 06831? They own a Mercedes now. Thank you very much.

    39/12 - .00155 and 58%
    No lease incentives
    No info on conquest

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  • JohnGiaJohnGia Member Posts: 13
    Thank you for the information. Also, am I correct that a one-pay lease would lower the money factor from .00155 to .00134? Thank you again.
  • kyfdxkyfdx Moderator Posts: 250,819
    JohnGia said:

    Thank you for the information. Also, am I correct that a one-pay lease would lower the money factor from .00155 to .00134? Thank you again.

    We don't have the one-pay MF discount for Volvo.

    But, if it's only that much, it certainly wouldn't be worth paying it all upfront.

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