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Feedback on this lease deal...

tkejr1145tkejr1145 Posts: 13
edited May 2018 in Volvo
Hi - looking for feedback on the quality of this lease offer:
2018 Volvo XC90 T6 Momentum AWD 7 Passenger
Momentum, Convenience, Protection Packages
Heated Rear Seats/Steering Wheel
4 Corner Air Suspension
21" Spoke Allow Wheel
MSRP $63,140
PA 9% tax
Monthly payments around $796 for 36/12k - nothing down except first payment. This is inclusive of tax, fees, etc.

Thanks in advance -
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  • kyfdxkyfdx Posts: 103,819
    tkejr1145 said:

    Hi - looking for feedback on the quality of this lease offer:
    2018 Volvo XC90 T6 Momentum AWD 7 Passenger
    Momentum, Convenience, Protection Packages
    Heated Rear Seats/Steering Wheel
    4 Corner Air Suspension
    21" Spoke Allow Wheel
    MSRP $63,140
    PA 9% tax
    Monthly payments around $796 for 36/12k - nothing down except first payment. This is inclusive of tax, fees, etc.

    Thanks in advance -

    .00085 MF and 55% residual
    $2000 Volvo Allowance

    That puts the adjusted CAP around $58,200.
    With all of the fees rolled in, that doesn't look bad.

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

    Edmunds Moderator

  • tkejr1145tkejr1145 Posts: 13
    edited May 2018
    Thanks - the residual was 53% I believe; per paperwork and I believe earlier feedback on this post. Oh my bad - it is 36 months and 15k miles; not 12k. Sounds like its a pretty good deal then...?

    Adusted Cap was $57,977 (Allowance plus A-Plan) -
  • tkejr1145tkejr1145 Posts: 13
    edited May 2018
    Thanks and good to hear.

    I did a ton of homework; worked with a bunch of dealers and ended up where I wanted with a local Volvo dealer as it is super convenient. But...no matter how much work I put in - why does it always feel like I didn't get the best deal? lol - I guess it is just the process of buying/leasing a car these days.

    I also get first three oil changes at no charge - and free service up to 30k miles.
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