Can you evaluate my deal? Thanks

ctlease20

2020 Volvo XC90 T5 Momentum AWD
Connecticut
MSRP - 56,205
Selling Price - $48,250
36 months/10k miles

Cash Down - $3,500 (including registration, first months payment, etc)
Incentives - $2,500 incentives + $500 off for being current volvo customer
money factor - .00193 (edmunds said . 00173)
Monthly - $439

Also, because of the interest rates going down.. does this impact the factor rate?

Thanks!

kyfdx

ctlease20 said:

2020 Volvo XC90 T5 Momentum AWD
Connecticut
MSRP - 56,205
Selling Price - $48,250
36 months/10k miles

Cash Down - $3,500 (including registration, first months payment, etc)
Incentives - $2,500 incentives + $500 off for being current volvo customer
money factor - .00193 (edmunds said . 00173)
Monthly - $439

Also, because of the interest rates going down.. does this impact the factor rate?

Thanks!

.00173 MF and 62% residual
$1000 Volvo Allowance
$1000 lease bonus

Do you have the adjusted CAP cost?

$524/mo all-in seems reasonable for a $56K MSRP vehicle.

Money factors are only adjusted when the new programs come out each month. They don't track the Federal Reserve overnight bank rate, though.

ctlease20

Hey.. sorry for the delay.

CAP Cost is $48,250

Btw, I meant to say the monthly is $539 (I said $439 above).

Thoughts? Thanks in advance!

kyfdx

ctlease20 said:

Hey.. sorry for the delay.

CAP Cost is $48,250

Btw, I meant to say the monthly is $539 (I said $439 above).

Thoughts? Thanks in advance!

Yeah.. that's $100/mo higher than your first post...

Michaell

kyfdx said:

ctlease20 said:

Hey.. sorry for the delay.

CAP Cost is $48,250

Btw, I meant to say the monthly is $539 (I said $439 above).

Thoughts? Thanks in advance!

Yeah.. that's $100/mo higher than your first post...

$549/mo with the base MF and assuming 6.35% sales tax.

MF bump adds $18/mo to the payment.

ctlease20

My bad about the monthly amount. Stupid typo.

Thoughts on if it's a good deal?

Michaell

ctlease20 said:

My bad about the monthly amount. Stupid typo.

Thoughts on if it's a good deal?

Given that my calculations result in a higher payment than your quote, I'd say it's a good deal.