2021 Volvo XC40 Lease Deals and Prices

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Comments

  • Adam10sAdam10s Member Posts: 36
    kyfdx said:

    Adam10s said:

    You are absolutely correct! When I went back to the dealer and asked, she said it was a 2020 model and not a 2021. Thanks again for the information - it has been very helpful thus far :smile:

    Glad to hear it!
    I just got a quote from a dealer on the 2021 XC40 T5 R-Design. It's a 36 month/12k mile lease. I'm in South Florida.

    MSRP: $46,150
    Selling Price: $41,754
    Gross cap cost: $44,849
    Due at inception: $875 (first month and registration/title fees)
    Net cap cost: $43,974
    Money Factor: .00111
    Residual: 60%
    Monthly payment: $569 (including 7% sales tax in South Florida)

    I'd like some feedback to see if you think it is a good deal (or not).

    Thank you!
  • kyfdxkyfdx Moderator Posts: 262,989
    Adam10s said:

    kyfdx said:

    Adam10s said:

    You are absolutely correct! When I went back to the dealer and asked, she said it was a 2020 model and not a 2021. Thanks again for the information - it has been very helpful thus far :smile:

    Glad to hear it!
    I just got a quote from a dealer on the 2021 XC40 T5 R-Design. It's a 36 month/12k mile lease. I'm in South Florida.

    MSRP: $46,150
    Selling Price: $41,754
    Gross cap cost: $44,849
    Due at inception: $875 (first month and registration/title fees)
    Net cap cost: $43,974
    Money Factor: .00111
    Residual: 60%
    Monthly payment: $569 (including 7% sales tax in South Florida)

    I'd like some feedback to see if you think it is a good deal (or not).

    Thank you!
    Do you have a breakdown of the $3090 added to the CAP cost?
    $995 acquisition fee... then, what else?

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  • Adam10sAdam10s Member Posts: 36
    kyfdx said:

    Adam10s said:

    kyfdx said:

    Adam10s said:

    You are absolutely correct! When I went back to the dealer and asked, she said it was a 2020 model and not a 2021. Thanks again for the information - it has been very helpful thus far :smile:

    Glad to hear it!
    I just got a quote from a dealer on the 2021 XC40 T5 R-Design. It's a 36 month/12k mile lease. I'm in South Florida.

    MSRP: $46,150
    Selling Price: $41,754
    Gross cap cost: $44,849
    Due at inception: $875 (first month and registration/title fees)
    Net cap cost: $43,974
    Money Factor: .00111
    Residual: 60%
    Monthly payment: $569 (including 7% sales tax in South Florida)

    I'd like some feedback to see if you think it is a good deal (or not).

    Thank you!
    Do you have a breakdown of the $3090 added to the CAP cost?
    $995 acquisition fee... then, what else?
    I haven't been able to get a full breakdown from the dealer as of yet - I'm going to ask again! Thank you for the feedback!
  • y2karnivaly2karnival Member Posts: 122
    Hello, can I please get MF, Residual, and any incentives on 2021 XC40 T5 R-Design for 36/12k to 45424?
  • tinbotstinbots Member Posts: 49
    Can you confirm the RV, MF, and incentives / conquest for 36/12 in 34232?
  • kyfdxkyfdx Moderator Posts: 262,989

    Hello, can I please get MF, Residual, and any incentives on 2021 XC40 T5 R-Design for 36/12k to 45424?

    .00111 MF and 60% residual
    No lease incentives

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  • kyfdxkyfdx Moderator Posts: 262,989
    tinbots said:

    Can you confirm the RV, MF, and incentives / conquest for 36/12 in 34232?

    Which trim?

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  • tinbotstinbots Member Posts: 49
    kyfdx said:

    tinbots said:

    Can you confirm the RV, MF, and incentives / conquest for 36/12 in 34232?

    Which trim?
    Sorry, the T5 Momentum trim
  • kyfdxkyfdx Moderator Posts: 262,989
    tinbots said:

    kyfdx said:

    tinbots said:

    Can you confirm the RV, MF, and incentives / conquest for 36/12 in 34232?

    Which trim?
    Sorry, the T5 Momentum trim
    .00045 MF and 57% residual
    $500 lease bonus

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  • Adam10sAdam10s Member Posts: 36
    Adam10s said:

    kyfdx said:

    Adam10s said:

    kyfdx said:

    Adam10s said:

    You are absolutely correct! When I went back to the dealer and asked, she said it was a 2020 model and not a 2021. Thanks again for the information - it has been very helpful thus far :smile:

    Glad to hear it!
    I just got a quote from a dealer on the 2021 XC40 T5 R-Design. It's a 36 month/12k mile lease. I'm in South Florida.

    MSRP: $46,150
    Selling Price: $41,754
    Gross cap cost: $44,849
    Due at inception: $875 (first month and registration/title fees)
    Net cap cost: $43,974
    Money Factor: .00111
    Residual: 60%
    Monthly payment: $569 (including 7% sales tax in South Florida)

    I'd like some feedback to see if you think it is a good deal (or not).

    Thank you!
    Do you have a breakdown of the $3090 added to the CAP cost?
    $995 acquisition fee... then, what else?
    I haven't been able to get a full breakdown from the dealer as of yet - I'm going to ask again! Thank you for the feedback!
    Since I had not heard from the dealer with a break-down of the CAP cost, I spoke with another dealership about another vehicle.

    Vehicle is a 2021 XC40 T5 R-Design. Lease is for 36 months with 12k miles/year.

    MSRP: $47,895
    Selling Price: $43,860
    Acquisition Fee: $995
    Dealer Fee: $995
    Doc Fee: $390
    Cap Cost: $45,260
    DAS: $990 + first month + title/registration
    Monthly Payment: $578 (including 7% sales tax in south Florida).

    I would appreciate feedback on these #s to see if it’s a good deal or if you think there’s room for negotiating either the sales price or fees.

    Thank you!
  • MichaellMichaell Moderator Posts: 260,480
    Adam10s said:

    Adam10s said:

    kyfdx said:

    Adam10s said:

    kyfdx said:

    Adam10s said:

    You are absolutely correct! When I went back to the dealer and asked, she said it was a 2020 model and not a 2021. Thanks again for the information - it has been very helpful thus far :smile:

    Glad to hear it!
    I just got a quote from a dealer on the 2021 XC40 T5 R-Design. It's a 36 month/12k mile lease. I'm in South Florida.

    MSRP: $46,150
    Selling Price: $41,754
    Gross cap cost: $44,849
    Due at inception: $875 (first month and registration/title fees)
    Net cap cost: $43,974
    Money Factor: .00111
    Residual: 60%
    Monthly payment: $569 (including 7% sales tax in South Florida)

    I'd like some feedback to see if you think it is a good deal (or not).

    Thank you!
    Do you have a breakdown of the $3090 added to the CAP cost?
    $995 acquisition fee... then, what else?
    I haven't been able to get a full breakdown from the dealer as of yet - I'm going to ask again! Thank you for the feedback!
    Since I had not heard from the dealer with a break-down of the CAP cost, I spoke with another dealership about another vehicle.

    Vehicle is a 2021 XC40 T5 R-Design. Lease is for 36 months with 12k miles/year.

    MSRP: $47,895
    Selling Price: $43,860
    Acquisition Fee: $995
    Dealer Fee: $995
    Doc Fee: $390
    Cap Cost: $45,260
    DAS: $990 + first month + title/registration
    Monthly Payment: $578 (including 7% sales tax in south Florida).

    I would appreciate feedback on these #s to see if it’s a good deal or if you think there’s room for negotiating either the sales price or fees.

    Thank you!
    .000111 and 60%
    $500 lease bonus

    Your prices give me a payment of .... $579/mo (tax included)

    A lower selling price will always be better, and the $995 dealer fee is one of the highest I've seen posted from a member in Florida.

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  • Adam10sAdam10s Member Posts: 36
    Thanks for the feedback. I totally agree - I was really shocked at the dealer fee. I'm definitely going to go back and negotiate more. In your experience, how negotiable is that fee? Also, it looks like the selling price is about 8-9% of MSRP - any sense of whether or not that is a good deal on this vehicle?
  • MichaellMichaell Moderator Posts: 260,480
    Adam10s said:

    Thanks for the feedback. I totally agree - I was really shocked at the dealer fee. I'm definitely going to go back and negotiate more. In your experience, how negotiable is that fee? Also, it looks like the selling price is about 8-9% of MSRP - any sense of whether or not that is a good deal on this vehicle?

    We don't track pricing; use this link to help:
    https://www.edmunds.com/new-cars/

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  • Adam10sAdam10s Member Posts: 36
    Ok ... thanks for the link!
  • derrickcolbyderrickcolby Member Posts: 2
    Hello,

    Could I get the RV, MF and incentives on a 36/15 T5 Momentum & T5 R-Design in 19122?
  • MichaellMichaell Moderator Posts: 260,480

    Hello,

    Could I get the RV, MF and incentives on a 36/15 T5 Momentum & T5 R-Design in 19122?

    T5 MOM - .00045 and 55%
    T5 RDES - .00111 and 58%
    No incentives

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  • erikalinsleyerikalinsley Member Posts: 2
    Hello, can I please get MF, Residual, and any incentives on 2021 XC40 T5 Momentum for 36/15k to 45243?
  • MichaellMichaell Moderator Posts: 260,480

    Hello, can I please get MF, Residual, and any incentives on 2021 XC40 T5 Momentum for 36/15k to 45243?

    .00045 and 55%
    No incentives

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  • alcarascalcarasc Member Posts: 12
    Hello, can I please get MF, Residual, and any incentives on a 2021 XC40 T5 R-Design and Inscription for 36/12k to 45202?
  • MichaellMichaell Moderator Posts: 260,480
    alcarasc said:

    Hello, can I please get MF, Residual, and any incentives on a 2021 XC40 T5 R-Design and Inscription for 36/12k to 45202?

    INSC - .00088 and 58%
    RDES - .00111 and 60%
    No incentives

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  • thockey13thockey13 Member Posts: 57
    Hi! I'm working on my own lease but also helping a friend with theirs.

    I was looking for the incentives and money factor/residual

    They are looking at a 2021 Volvo XC40 T5 Momentum SUV, zip 15090

    12k/36
    10k/36

    Thanks!
  • MichaellMichaell Moderator Posts: 260,480
    thockey13 said:

    Hi! I'm working on my own lease but also helping a friend with theirs.

    I was looking for the incentives and money factor/residual

    They are looking at a 2021 Volvo XC40 T5 Momentum SUV, zip 15090

    12k/36
    10k/36

    Thanks!

    36/12
    .00045 and 57%
    No incentives

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  • thockey13thockey13 Member Posts: 57
    Michaell said:

    thockey13 said:

    Hi! I'm working on my own lease but also helping a friend with theirs.

    I was looking for the incentives and money factor/residual

    They are looking at a 2021 Volvo XC40 T5 Momentum SUV, zip 15090

    12k/36
    10k/36

    Thanks!

    36/12
    .00045 and 57%
    No incentives
    Thanks! Do they not offer 10k leases?
  • MichaellMichaell Moderator Posts: 260,480
    thockey13 said:

    Michaell said:

    thockey13 said:

    Hi! I'm working on my own lease but also helping a friend with theirs.

    I was looking for the incentives and money factor/residual

    They are looking at a 2021 Volvo XC40 T5 Momentum SUV, zip 15090

    12k/36
    10k/36

    Thanks!

    36/12
    .00045 and 57%
    No incentives
    Thanks! Do they not offer 10k leases?
    58%

    Edmunds Price Checker
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  • marc312marc312 Member Posts: 68
    edited October 2020
    Can I get MF, RV, and incentives for 2021 XC40?? Zip 10591 and 10k miles:

    36 months R-design T5
    36 months Inscription T5
    39 months R-design T5
    39 months Inscription T5
  • MichaellMichaell Moderator Posts: 260,480
    marc312 said:

    Can I get MF, RV, and incentives for 2021 XC40?? Zip 10591 and 10k miles:

    36 months R-design T5
    36 months Inscription T5
    39 months R-design T5
    39 months Inscription T5

    36/10
    T5 INSC - .00088 and 59%
    T5 RDES - .00111 and 61%
    No incentives

    39 month term not friendly

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  • JoshS114JoshS114 Member Posts: 26

    Hello,
    May I please have the following in regard to a 2021 XC40 T5 Inscription:

    MF, RV, and any incentives ( I'm assume none as per the above).

    36m/12k

    Zip 19096

    Thank you very much!

  • kyfdxkyfdx Moderator Posts: 262,989
    JoshS114 said:


    Hello,
    May I please have the following in regard to a 2021 XC40 T5 Inscription:

    MF, RV, and any incentives ( I'm assume none as per the above).

    36m/12k

    Zip 19096

    Thank you very much!

    .00088 MF and 58% residual

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  • hogglogghogglogg Member Posts: 17
    Hello,
    May I please have the following in regard to a 2021 XC40 T4 and T5 R-Design:

    MF, RV, and any incentives.

    36m/10k

    Zip 33196

    Thank you very much!
  • MichaellMichaell Moderator Posts: 260,480
    hogglogg said:

    Hello,
    May I please have the following in regard to a 2021 XC40 T4 and T5 R-Design:

    MF, RV, and any incentives.

    36m/10k

    Zip 33196

    Thank you very much!

    T4 - .00070 and 58%
    T5 - .00111 and 61%
    $500 lease bonus

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  • marc312marc312 Member Posts: 68
    Michaell said:

    marc312 said:

    Can I get MF, RV, and incentives for 2021 XC40?? Zip 10591 and 10k miles:

    36 months R-design T5
    36 months Inscription T5
    39 months R-design T5
    39 months Inscription T5

    36/10
    T5 INSC - .00088 and 59%
    T5 RDES - .00111 and 61%
    No incentives

    39 month term not friendly
    Thanks Michaell!!
  • s2kpdxs2kpdx Member Posts: 13
    Looking for MF/Res/incentives on the following models (36/10):

    2021 T5 Rdesign
    2021 T5 Momentum

    97080

    Thank you!
  • MichaellMichaell Moderator Posts: 260,480
    s2kpdx said:

    Looking for MF/Res/incentives on the following models (36/10):

    2021 T5 Rdesign
    2021 T5 Momentum

    97080

    Thank you!

    MOM - .00045 and 58%
    RDES - .00111 and 61%
    No incentives

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  • thockey13thockey13 Member Posts: 57
    Michaell said:

    thockey13 said:

    Michaell said:

    thockey13 said:

    Hi! I'm working on my own lease but also helping a friend with theirs.

    I was looking for the incentives and money factor/residual

    They are looking at a 2021 Volvo XC40 T5 Momentum SUV, zip 15090

    12k/36
    10k/36

    Thanks!

    36/12
    .00045 and 57%
    No incentives
    Thanks! Do they not offer 10k leases?
    58%
    Hi!

    Did the Money factor or residual change for October? We negotiated the price lower

    2021 Volvo XC40 T5 Momentum SUV, zip 15090

    10k /36
    12k /36
  • MichaellMichaell Moderator Posts: 260,480
    thockey13 said:

    Michaell said:

    thockey13 said:

    Michaell said:

    thockey13 said:

    Hi! I'm working on my own lease but also helping a friend with theirs.

    I was looking for the incentives and money factor/residual

    They are looking at a 2021 Volvo XC40 T5 Momentum SUV, zip 15090

    12k/36
    10k/36

    Thanks!

    36/12
    .00045 and 57%
    No incentives
    Thanks! Do they not offer 10k leases?
    58%
    Hi!

    Did the Money factor or residual change for October? We negotiated the price lower

    2021 Volvo XC40 T5 Momentum SUV, zip 15090

    10k /36
    12k /36
    No changes for October

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

  • thockey13thockey13 Member Posts: 57
    Michaell said:

    thockey13 said:

    Michaell said:

    thockey13 said:

    Michaell said:

    thockey13 said:

    Hi! I'm working on my own lease but also helping a friend with theirs.

    I was looking for the incentives and money factor/residual

    They are looking at a 2021 Volvo XC40 T5 Momentum SUV, zip 15090

    12k/36
    10k/36

    Thanks!

    36/12
    .00045 and 57%
    No incentives
    Thanks! Do they not offer 10k leases?
    58%
    Hi!

    Did the Money factor or residual change for October? We negotiated the price lower

    2021 Volvo XC40 T5 Momentum SUV, zip 15090

    10k /36
    12k /36
    No changes for October


    We asked them to use the tier-1 Volvo Finance MF we qualified for and they said "sure!" and came back with this price. I come up with around $458, they come up with $490.

    What do you think?
  • kyfdxkyfdx Moderator Posts: 262,989
    edited October 2020
    thockey13 said:

    Michaell said:

    thockey13 said:

    Michaell said:

    thockey13 said:

    Michaell said:

    thockey13 said:

    Hi! I'm working on my own lease but also helping a friend with theirs.

    I was looking for the incentives and money factor/residual

    They are looking at a 2021 Volvo XC40 T5 Momentum SUV, zip 15090

    12k/36
    10k/36

    Thanks!

    36/12
    .00045 and 57%
    No incentives
    Thanks! Do they not offer 10k leases?
    58%
    Hi!

    Did the Money factor or residual change for October? We negotiated the price lower

    2021 Volvo XC40 T5 Momentum SUV, zip 15090

    10k /36
    12k /36
    No changes for October


    We asked them to use the tier-1 Volvo Finance MF we qualified for and they said "sure!" and came back with this price. I come up with around $458, they come up with $490.

    What do you think?
    You need the adjusted CAP cost, and an itemization of how they calculated it.

    For instance, I don't see the $995 lease acquisition fee in those numbers.

    Also, they can still markup the money factor, even if you are Tier 1. Ask them what number they used, and compare it to the Rent Charge on the contract.

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  • thockey13thockey13 Member Posts: 57
    kyfdx said:

    thockey13 said:

    Michaell said:

    thockey13 said:

    Michaell said:

    thockey13 said:

    Michaell said:

    thockey13 said:

    Hi! I'm working on my own lease but also helping a friend with theirs.

    I was looking for the incentives and money factor/residual

    They are looking at a 2021 Volvo XC40 T5 Momentum SUV, zip 15090

    12k/36
    10k/36

    Thanks!

    36/12
    .00045 and 57%
    No incentives
    Thanks! Do they not offer 10k leases?
    58%
    Hi!

    Did the Money factor or residual change for October? We negotiated the price lower

    2021 Volvo XC40 T5 Momentum SUV, zip 15090

    10k /36
    12k /36
    No changes for October


    We asked them to use the tier-1 Volvo Finance MF we qualified for and they said "sure!" and came back with this price. I come up with around $458, they come up with $490.

    What do you think?
    You need the adjusted CAP cost, and an itemization of how they calculated it.

    For instance, I don't see the $995 lease acquisition fee in those numbers.

    Also, they can still markup the money factor, even if you are Tier 1. Ask them what number they used, and compare it to the Rent Charge on the contract.
    You 100% right, the $995 was our delta
  • hogglogghogglogg Member Posts: 17
    Can I also get the 2021 R-Design T5 MF and RV for a 24/10 term? Was told terms may be more attractive than 36/10. Zip: 33196
    Thank you so much for all your help!
  • MichaellMichaell Moderator Posts: 260,480
    hogglogg said:

    Can I also get the 2021 R-Design T5 MF and RV for a 24/10 term? Was told terms may be more attractive than 36/10. Zip: 33196
    Thank you so much for all your help!

    .00111 and 71%
    $500 incentive

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  • Hey_you1Hey_you1 Member Posts: 10
    Hi, can I please get the 2021 Rdesign T5 with advanced package mf and rv with incentives for a 24/12 term and 36/12 zip:19096

    Thank you so much!
  • MichaellMichaell Moderator Posts: 260,480
    Hey_you1 said:

    Hi, can I please get the 2021 Rdesign T5 with advanced package mf and rv with incentives for a 24/12 term and 36/12 zip:19096

    Thank you so much!

    .00111 and 70% / 60%
    No incentives

    Edmunds Price Checker
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  • nnicajnnicaj Member Posts: 1
    edited October 2020
    Hi all,

    Can I please have MF, RV, Incentives at 36/10 for 2021 T5 R Des (advanced pkg + climate pkg + harman kardon speaker option) in 02145?

    02145 is the zip I live in, my nearest dealer is at 02134.

    Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 262,989
    nnicaj said:

    Hi all,

    Can I please have MF, RV, Incentives at 36/10 for 2021 T5 R Des (advanced pkg + climate pkg + harman kardon speaker option) in 02145?

    02145 is the zip I live in, my nearest dealer is at 02134.

    Thanks in advance!

    .00111 MF and 61% residual
    No lease incentives

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  • leaseOn99leaseOn99 Member Posts: 6
    edited October 2020
    Hi, can I get the MF,RV and incentive amount on a 2021AWD and FWD XC40 momentum , 36/10k
    Zip code is 95134. Thanks and much appreciated.
  • kyfdxkyfdx Moderator Posts: 262,989
    leaseOn99 said:

    Hi, can I get the MF,RV and incentive amount on a 2021AWD and FWD XC40 momentum , 36/10k
    Zip code is 95134. Thanks and much appreciated.

    T4: .00035 MF and 57% residual
    T5: .00045 MF and 58% residual

    No lease incentives

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  • spigot_66spigot_66 Member Posts: 8
    Hi, can I please get RV, MF, and Incentives for a 2021 XC40 T5 AWD Momentum for 36/12k? My Zip Code is 02458.

    Thank you
  • MichaellMichaell Moderator Posts: 260,480
    spigot_66 said:

    Hi, can I please get RV, MF, and Incentives for a 2021 XC40 T5 AWD Momentum for 36/12k? My Zip Code is 02458.

    Thank you

    .00045 and 57%
    No incentives

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  • mount2073mount2073 Member Posts: 7
    Can I please have MF, RV, Incentives at 36/10 and 36/12 for 2021 T5 R Design in 46310?
  • kyfdxkyfdx Moderator Posts: 262,989
    mount2073 said:

    Can I please have MF, RV, Incentives at 36/10 and 36/12 for 2021 T5 R Design in 46310?

    36/12
    .00111 MF and 60% residual

    No lease incentives

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