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2019 XC60 FWD Inscription MF, RV and incentives in 91107 Pasadena CA

parkdj808parkdj808 Member Posts: 4
edited October 2019 in Volvo
2019 XC60 FWD Inscription MF, RV and incentives in 91107 Pasadena CA
Demo model 5000 miles
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Answers

  • MichaellMichaell Moderator Posts: 248,610
    parkdj808 said:

    2019 XC60 FWD Inscription MF, RV and incentives in 91107 Pasadena CA
    Demo model 5000 miles

    What lease term and how many miles per year?

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  • parkdj808parkdj808 Member Posts: 4
    36 months / 15K miles

    They quoted me $498/month which includes taxes
    $1000 drive off fee (1st month and registration)
  • MichaellMichaell Moderator Posts: 248,610
    parkdj808 said:

    2019 XC60 FWD Inscription MF, RV and incentives in 91107 Pasadena CA
    Demo model 5000 miles

    parkdj808 said:

    36 months / 15K miles

    They quoted me $498/month which includes taxes
    $1000 drive off fee (1st month and registration)

    .00032 and 52%
    $2500 incentives

    There will be an adjustment to the residual for the existing miles, but we don't know how Volvo calculates that.

    Negotiate a lower selling price to compensate.

    What is the MSRP and selling price for your quote?

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • parkdj808parkdj808 Member Posts: 4
    MSRP $51720
    Sales price $41065.33

    They did not separate incentives and sales price for me. So $2500 in incentives was included in sales price.

    Should I separate incentives from sales price? Also are incentives taxed or untaxed?

    How do I determine sales tax?
    City I live? Glendale Ca 91214
    City of dealer? Pasadena ca 91107

    Salesperson said 9.95% sales tax
  • MichaellMichaell Moderator Posts: 248,610
    parkdj808 said:

    MSRP $51720
    Sales price $41065.33

    They did not separate incentives and sales price for me. So $2500 in incentives was included in sales price.

    Should I separate incentives from sales price? Also are incentives taxed or untaxed?

    How do I determine sales tax?
    City I live? Glendale Ca 91214
    City of dealer? Pasadena ca 91107

    Salesperson said 9.95% sales tax

    The incentive is to the dealer, so part of the selling price - and, untaxed.

    The monthly payment is calculated, then sales tax assessed against it.

    I get $457/mo, tax included, with those prices.

    Either the cap cost is higher than the sales price (likely, if you are not paying fees up front), or the MF is higher than what I quoted (less likely, but still possible).

    The numbers did not change for November, so that quote should still be valid.

    Edmunds Price Checker
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    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

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