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lease price? xc40 inscription 2021

33marble33marble Member Posts: 10
edited April 2021 in Volvo
MSRP $45,110
listed conditional final price $42,110
(stated lease deal per ad $455 per month for 36 months. $3,955 due at signing for select 2021 Volvo XC40 T5 Inscription)
For me: $1230 down, XC 40 Inscription T5, 15k/y 3y
My dealer's offer: $550 plus taxes
01923
Thoughts?

Comments

  • 33marble33marble Member Posts: 10
    zip code 01923
  • MichaellMichaell Moderator Posts: 248,565
    33marble said:

    MSRP $45,110
    listed conditional final price $42,110
    (stated lease deal per ad $455 per month for 36 months. $3,955 due at signing for select 2021 Volvo XC40 T5 Inscription)
    For me: $1230 down, XC 40 Inscription T5, 15k/y 3y
    My dealer's offer: $550 plus taxes
    01923
    Thoughts?

    33marble said:

    zip code 01923

    Seems about right.

    .00120 and 56%
    $200 lease bonus

    Total out of pocket for you is $1230?

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  • 33marble33marble Member Posts: 10
    yes that is my total out of pocket
  • 33marble33marble Member Posts: 10
    Based on your info, I get $530. What am I not considering? And thank you for your help :)
  • MichaellMichaell Moderator Posts: 248,565
    33marble said:

    Based on your info, I get $530. What am I not considering? And thank you for your help :)

    Could be the dealer is marking up the MF for extra profit.

    Confirm the adjusted cap cost you are using, to the one the dealer is using for their quote. If different, find out why.

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  • 33marble33marble Member Posts: 10
    MSRP $45,110
    They confirmed $41,920 selling price, residual $25,262, MF .0012, $1000 down for ~$550+tax
  • kyfdxkyfdx Moderator Posts: 248,695
    33marble said:

    Based on your info, I get $530. What am I not considering? And thank you for your help :)

    Ask for the adjusted CAP cost
    Did you factor in the $995 acquisition fee? Dealer/doc fees?

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  • emreeemree Member Posts: 15
    Hello
    For Zip 91306, 2021 Volvo XC40 T5 Momentum
    Could you please share MF, residual, and any incentives?
    For 36/10K and 36/12K
    Thank you!!
  • kyfdxkyfdx Moderator Posts: 248,695
    emree said:

    Hello
    For Zip 91306, 2021 Volvo XC40 T5 Momentum
    Could you please share MF, residual, and any incentives?
    For 36/10K and 36/12K
    Thank you!!

    36/12
    .00082 MF and 57% residual
    No lease incentives

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