2024 Alfa Romeo Stelvio Lease Deals, Incentives, Rebates, and Prices

kyfdx

dumont said:

Hi Michael,

Please advise the Alfa Romeo April numbers/lease incentives, MF and residuals for:

2024 Stelvio TI AWD
ZIP 07628
36 and 39 months / 7,500 miles
36 and 39 months / 10,000 miles

MTIA

36/10: .00101 MF and 46% residual
39/10: .00102 MF and 44% residual

$1500 incentive

dumont

Thx Kyfdx,

The local Alfa dealership (ZIP 07632) has a lease promo add for 2024 Stelvio Ti's for 42 months and 7,500 miles per year through Ally Financial.

Could you tell me the MF and residual for those terms?

IDK if Ally would do 36/7,500 but if so I would like the numbers for as well.

MTIA again!

kyfdx

dumont said:

Thx Kyfdx,

The local Alfa dealership (ZIP 07632) has a lease promo add for 2024 Stelvio Ti's for 42 months and 7,500 miles per year through Ally Financial.

Could you tell me the MF and residual for those terms?

IDK if Ally would do 36/7,500 but if so I would like the numbers for as well.

MTIA again!

I'm sorry, but we don't have the Ally bank lease programs.

dumont

Thanks, I was told Ally financial was the official leasing company for Stellantis.
At least it was in 2021 when I leased my current Giulia. Do you know if it was true in 2021?

I just googled both names and found an article on autonews.com from December 2022 (unf with a pay wall) saying "Around 1,600 of Stellantis' more than 2,600 U.S. dealerships have begun using Stellantis Financial Services since its launch just over a year ago."

Now I wonder, if the dealer I am thinking of leasing from still only use Ally (at least that is what their lease offer on line says) or they didn't bother to correct their ads...

So you are saying the figures you provided for 36 and 39 months/10k miles are from the "official" Alfa Romeo leasing company "Stellantis Financial Services" and they do not offer 7.5k mile per year leases?

I always lease with the official leasing company from each brand. Since Ally was (as far as I know...) the official company previously, I guess there is no harm in using them again. Especially if there is a significant difference in payments between their 7.5k miles and Stellantis' 10k miles per year.

I will report back after I have a chance to visit the dealer and get their proposal. I want to keep my payment closest to $500/month zero OOP on delivery as possible, but I think for a Stelvio Ti it probably will be around $600. Let's see.

kyfdx said:

dumont said:

Thx Kyfdx,

The local Alfa dealership (ZIP 07632) has a lease promo add for 2024 Stelvio Ti's for 42 months and 7,500 miles per year through Ally Financial.

Could you tell me the MF and residual for those terms?

IDK if Ally would do 36/7,500 but if so I would like the numbers for as well.

MTIA again!

I'm sorry, but we don't have the Ally bank lease programs.

dumont

Wait, now I am confused...
On Alfa Romeo's website their current offers state "Offer through Ally Financial"
https://www.alfaromeousa.com/incentives.stelvio.2024#/model/CUY202404
Click on "Show Disclosure"
I hope you can clarify ;-)
Mthx!

Michaell

dumont said:

Wait, now I am confused...
On Alfa Romeo's website their current offers state "Offer through Ally Financial"
https://www.alfaromeousa.com/incentives.stelvio.2024#/model/CUY202404
Click on "Show Disclosure"
I hope you can clarify ;-)
Mthx!

Can't speak about "official", but I can tell you we only have the Alfa lease programs that are offered by Chrysler Capital (aka CCAP).

The dealer can choose to use SFS or Ally as an alternative - and, as you're finding out, many do. They might provide a lower payment than those from CCAP, but we can't vet the numbers to tell you if the MF is marked up, or not.

dumont

Thx again,

With all due respect, Alfa Romeo's own website (NOT the dealer's) says their lease offers are through Ally.
Does that not make Ally THE financial institution that Alfa uses, and should be considered as source of lease program info for any Alfa Romeo?

Obviously I am not asking you to follow every/any lease finance service company's rates, as I realize that it's impossible. But it seems that Ally is who Alfa Romeo USA uses, not CCAP. Perhaps making CCAP or Stellantis FS the dealer's alternative choices and not the other way around...

I will understand if you rather not dive deep into this, but then please confirm, CCAP does not offer 7.5k mile leases on the Stelvio?

Mthx!

kyfdx

dumont said:

Thx again,

With all due respect, Alfa Romeo's own website (NOT the dealer's) says their lease offers are through Ally.
Does that not make Ally THE financial institution that Alfa uses, and should be considered as source of lease program info for any Alfa Romeo?

Obviously I am not asking you to follow every/any lease finance service company's rates, as I realize that it's impossible. But it seems that Ally is who Alfa Romeo USA uses, not CCAP. Perhaps making CCAP or Stellantis FS the dealer's alternative choices and not the other way around...

I will understand if you rather not dive deep into this, but then please confirm, CCAP does not offer 7.5k mile leases on the Stelvio?

Mthx!

All we said is: We don't have the Ally programs.

Yes, CCAP lowest mileage allowance is 10K/yr

swedishprince1

My Alfa dealer uses Ally as well. Additionally, my dealer uses a program that deviates from the standard Ally guide - lower rates but lower residuals as well. It’s really hit or miss as to whether it benefits buyers.

dumont

All we said is: We don't have the Ally programs.

Yes, CCAP lowest mileage allowance is 10K/yr

Roger that, I will say this once only, I don't want to become unwelcome... I appreciate the service you render for helping us calculate fair lease proposals and I have benefited from it several times!
BUT if the finance company is the one on the manufacturers website, then would expect the terms and rates would be available just like any other (CCAP, HFS, Jaguar Chase etc. etc.)

If not, so be it...

On CCAP's website it mentions Alfa Romeo is handled by them too but not a single AR vehicle shows up, not even AR's name is an option when searching for deals... Way to go FCA/Stellantis/CCAP!!! lol

swedishprince1

Do prepaid service plans increase the residual on leases? I know it does with certain car brands.

Michaell

swedishprince1 said:

Do prepaid service plans increase the residual on leases? I know it does with certain car brands.

Not that we know of, for Alfa.

Sliderturk99

Hello
Residual/MF

42/10 stelvio veloce
Zip 11756

Thank you!

kyfdx

Sliderturk99 said:

Hello

Residual/MF

42/10 stelvio veloce

Zip 11756

Thank you!

.00181 MF and 48% residual
$1500 incentive

goel_ar1

Can I please get RV/MF for 2024 Stelvio, Veloce? 39 mos, 10k per year, zip=28104.
Can you please help me with lease price also? Purchase Price=51,270.00. Dealer said he is using 0.00116 & gave me 779 monthly payment.

kyfdx

goel_ar1 said:

Can I please get RV/MF for 2024 Stelvio, Veloce? 39 mos, 10k per year, zip=28104.
Can you please help me with lease price also? Purchase Price=51,270.00. Dealer said he is using 0.00116 & gave me 779 monthly payment.

Looks like all the Alfa leases are going through Ally or US Bank, and unfortunately, we do not have those programs.

berry_f3000

Can I please get RV/MF for 2024 alfa romeo stelvio veloce? 24 or 27 months 10k miles zip is 07010. Thank you.

kyfdx

berry_f3000 said:

Can I please get RV/MF for 2024 alfa romeo stelvio veloce? 24 or 27 months 10k miles zip is 07010. Thank you.

27/10
.00083 MF and 53% residual
No lease incentives

Dan1288

Hi can you please provide money factor and residual value for a 2024 Stelvio sprint 36m/15k and 36m/10k zip code 07730. and 36m/15k and 36m/10k for a Stelvio ti zip code 07730.

kyfdx

Dan1288 said:

Hi can you please provide money factor and residual value for a 2024 Stelvio sprint 36m/15k and 36m/10k zip code 07730. and 36m/15k and 36m/10k for a Stelvio ti zip code 07730.

36/15
Sprint: .00026 MF and 41% residual
TI: .00033 MF and 42% residual

$2000 incentive

sum102b

Hello, Looking for RV & MF and incentives/rebates for a 2024 Stelvio Veloce.

36 months/10k mi
39 months/10k mi
42 months/10k mi

Zip is 48088. Thank you.

kyfdx

sum102b said:

Hello, Looking for RV & MF and incentives/rebates for a 2024 Stelvio Veloce.

36 months/10k mi

39 months/10k mi

42 months/10k mi

Zip is 48088. Thank you.

.00130 MF and 50% residual
39 month not supported
.00117 MF and 46% residual

$2000 incentive

cjcargo

Hi,
Appreciate if you could provide current MF and RV for Selvio Ti for 10k miles 36 and 42 months. Thanks!

kyfdx

cjcargo said:

Hi,

Appreciate if you could provide current MF and RV for Selvio Ti for 10k miles 36 and 42 months. Thanks!

.00052 MF and 46% residual
.00043 MF and 41% residual

$2000 lease bonus cash

cjcargo

Ouch the RV's are tough. Can you provide for 27 months (I assume from reading above they don't have 24). Wondering how the math looks with shorter term vs. higher RV. Thanks again

Michaell

cjcargo said:

Ouch the RV's are tough. Can you provide for 27 months (I assume from reading above they don't have 24). Wondering how the math looks with shorter term vs. higher RV. Thanks again

.00027 MF and 49% residual for 27/10

Testing123

Good morning Team Edmunds - Hope you folks are doing well. My Kia lease is ending in less than two months. Given that Dec is generally considered the bets time of the year to get a new vehicle, here I am exploring a new possibilities. Kindly if you can, share with me the following:

2024 Stelvio Ti Lease
12K/36M MF & RV:
12K/42M MF & RV:
Zipcode: 08550
Any manufacturer incentives, rebates etc ?

Does the above change if the Trim was 2024 Veloce


For my own education purposes, would a longer term lease make sense - I know it depends on the MF and RV but since a customer also pays other expenses such as Acquisition Fee and Dispo Fee along with tag and title fees, dealer doc fee etc, dont these expenses spread over better on a longer term lease than a shorter term lease.

kyfdx

Testing123 said:

Good morning Team Edmunds - Hope you folks are doing well. My Kia lease is ending in less than two months. Given that Dec is generally considered the bets time of the year to get a new vehicle, here I am exploring a new possibilities. Kindly if you can, share with me the following:

2024 Stelvio Ti Lease
12K/36M MF & RV:
12K/42M MF & RV:
Zipcode: 08550
Any manufacturer incentives, rebates etc ?

Does the above change if the Trim was 2024 Veloce


For my own education purposes, would a longer term lease make sense - I know it depends on the MF and RV but since a customer also pays other expenses such as Acquisition Fee and Dispo Fee along with tag and title fees, dealer doc fee etc, dont these expenses spread over better on a longer term lease than a shorter term lease.

Ti
.00035 MF and 45% residual
.00019 MF and 40% residual
VEL
.00085 MF and 48% residual
.00065 MF and 42% residual

$2000 incentive

Generally, you are correct about amortizing fixed costs over a longer term results in monthly savings.

But, money factors on the different terms and depreciation per month differences matter, as well.
Using the Ti as an example:
42 month money factor is slightly lower: Good.
Depreciation difference is 5/6% per month.. Average. Compare this with the average depreciation per month on the 36 month deal.

I don't know what the average discount is on a Stelvio, or if there are other sources of money for the dealer that lets them offer a killer deal. But, just looking at the numbers we have, with a 45% residual, it would seem the deals would be terrible. In that case, the 42 month term might be much better.

Testing123

Ta

kyfdx said:

Testing123 said:

Good morning Team Edmunds - Hope you folks are doing well. My Kia lease is ending in less than two months. Given that Dec is generally considered the bets time of the year to get a new vehicle, here I am exploring a new possibilities. Kindly if you can, share with me the following:

2024 Stelvio Ti Lease
12K/36M MF & RV:
12K/42M MF & RV:
Zipcode: 08550
Any manufacturer incentives, rebates etc ?

Does the above change if the Trim was 2024 Veloce


For my own education purposes, would a longer term lease make sense - I know it depends on the MF and RV but since a customer also pays other expenses such as Acquisition Fee and Dispo Fee along with tag and title fees, dealer doc fee etc, dont these expenses spread over better on a longer term lease than a shorter term lease.

Ti
.00035 MF and 45% residual
.00019 MF and 40% residual
VEL
.00085 MF and 48% residual
.00065 MF and 42% residual

$2000 incentive

Generally, you are correct about amortizing fixed costs over a longer term results in monthly savings.

But, money factors on the different terms and depreciation per month differences matter, as well.
Using the Ti as an example:
42 month money factor is slightly lower: Good.
Depreciation difference is 5/6% per month.. Average. Compare this with the average depreciation per month on the 36 month deal.

I don't know what the average discount is on a Stelvio, or if there are other sources of money for the dealer that lets them offer a killer deal. But, just looking at the numbers we have, with a 45% residual, it would seem the deals would be terrible. In that case, the 42 month term might be much better.

Thank you! The dealer is offering 20% off MSRP without even negotiating. I am guessing that he will discount 25% if not slightly higher off msrp. That is approx 15K on a 58K vehicle. From the looks of it, it appears like VEL 42 months has somewhat better RV and and not so terrible MF compared to 36 months VEL.

kyfdx

Testing123 said:

Ta

kyfdx said:

Testing123 said:

Good morning Team Edmunds - Hope you folks are doing well. My Kia lease is ending in less than two months. Given that Dec is generally considered the bets time of the year to get a new vehicle, here I am exploring a new possibilities. Kindly if you can, share with me the following:

2024 Stelvio Ti Lease
12K/36M MF & RV:
12K/42M MF & RV:
Zipcode: 08550
Any manufacturer incentives, rebates etc ?

Does the above change if the Trim was 2024 Veloce


For my own education purposes, would a longer term lease make sense - I know it depends on the MF and RV but since a customer also pays other expenses such as Acquisition Fee and Dispo Fee along with tag and title fees, dealer doc fee etc, dont these expenses spread over better on a longer term lease than a shorter term lease.

Ti
.00035 MF and 45% residual
.00019 MF and 40% residual
VEL
.00085 MF and 48% residual
.00065 MF and 42% residual

$2000 incentive

Generally, you are correct about amortizing fixed costs over a longer term results in monthly savings.

But, money factors on the different terms and depreciation per month differences matter, as well.
Using the Ti as an example:
42 month money factor is slightly lower: Good.
Depreciation difference is 5/6% per month.. Average. Compare this with the average depreciation per month on the 36 month deal.

I don't know what the average discount is on a Stelvio, or if there are other sources of money for the dealer that lets them offer a killer deal. But, just looking at the numbers we have, with a 45% residual, it would seem the deals would be terrible. In that case, the 42 month term might be much better.

Thank you! The dealer is offering 20% off MSRP without even negotiating. I am guessing that he will discount 25% if not slightly higher off msrp. That is approx 15K on a 58K vehicle. From the looks of it, it appears like VEL 42 months has somewhat better RV and and not so terrible MF compared to 36 months VEL.

At 25% off, the 42 month might be slightly better. At 20% off, it will definitely be better.

berry_f3000

Can I please get the RV/MF for a 2024 alfa romeo stelvio veloce and also for the 2025 alfa romeo stelvio veloce? 24 or 27 months 10k miles zip is 07010. Any manufacturer incentives, rebates etc ? Thank you.

kyfdx

berry_f3000 said:

Can I please get the RV/MF for a 2024 alfa romeo stelvio veloce and also for the 2025 alfa romeo stelvio veloce? 24 or 27 months 10k miles zip is 07010. Any manufacturer incentives, rebates etc ? Thank you.

2024
27/10
.00038 MF and 52% residual
$2000 incentive

2025 Stelvio discussion link

82vw82

Hello Team Edmunds,
Looking for your assistance for 2024 Stelvio Sprint and Ti, both AWD, zip 55305.
Nothing beyond 39 months, or above 12K miles

- What's the combination of lowest MF and highest RV to then base all negotiations?
- what incentives are available in that zip? I saw a 6500 lease cash on Edmunds Price Checker but unclear on the Ts and Cs.

Thanks a million, and happy new year.

Michaell

82vw82 said:

Hello Team Edmunds,
Looking for your assistance for 2024 Stelvio Sprint and Ti, both AWD, zip 55305.
Nothing beyond 39 months, or above 12K miles

- What's the combination of lowest MF and highest RV to then base all negotiations?
- what incentives are available in that zip? I saw a 6500 lease cash on Edmunds Price Checker but unclear on the Ts and Cs.

Thanks a million, and happy new year.

Sprint
27/12 - .00004 MF and 48% RV
36/12 - .00032 MF and 44% RV

Ti
.00011 MF and 49% RV
.00039 MF and 45% RV

$2000 incentives

I see a $3500 purchase incentive for those two trims.

The $6500 could also be from another bank - we only have the Stellantis program numbers.

82vw82

Thank you so much. Any visibility into same numbers after Jan 2nd 2025?

Michaell said:

82vw82 said:

Hello Team Edmunds,
Looking for your assistance for 2024 Stelvio Sprint and Ti, both AWD, zip 55305.
Nothing beyond 39 months, or above 12K miles

- What's the combination of lowest MF and highest RV to then base all negotiations?
- what incentives are available in that zip? I saw a 6500 lease cash on Edmunds Price Checker but unclear on the Ts and Cs.

Thanks a million, and happy new year.

Sprint
27/12 - .00004 MF and 48% RV
36/12 - .00032 MF and 44% RV

Ti
.00011 MF and 49% RV
.00039 MF and 45% RV

$2000 incentives

I see a $3500 purchase incentive for those two trims.

The $6500 could also be from another bank - we only have the Stellantis program numbers.

kyfdx

82vw82 said:

Thank you so much. Any visibility into same numbers after Jan 2nd 2025?

Michaell said:

82vw82 said:

Hello Team Edmunds,
Looking for your assistance for 2024 Stelvio Sprint and Ti, both AWD, zip 55305.
Nothing beyond 39 months, or above 12K miles

- What's the combination of lowest MF and highest RV to then base all negotiations?
- what incentives are available in that zip? I saw a 6500 lease cash on Edmunds Price Checker but unclear on the Ts and Cs.

Thanks a million, and happy new year.

Sprint
27/12 - .00004 MF and 48% RV
36/12 - .00032 MF and 44% RV

Ti
.00011 MF and 49% RV
.00039 MF and 45% RV

$2000 incentives

I see a $3500 purchase incentive for those two trims.

The $6500 could also be from another bank - we only have the Stellantis program numbers.

We don't get the programs in advance

82vw82

i'm being offered a 2024 Ti, demo, 2K miles in it, AWD 22G package, vesuvio black,

36/10
sell price: 41,450
MF: 0.00066
RV: 45.6%

I'm thinking given that it's a demo and already incurred depreciation, there's a further discount on the sell price. I also think the MF is marked up. Thoughts?

Michaell

82vw82 said:

i'm being offered a 2024 Ti, demo, 2K miles in it, AWD 22G package, vesuvio black,

36/10
sell price: 41,450
MF: 0.00066
RV: 45.6%

I'm thinking given that it's a demo and already incurred depreciation, there's a further discount on the sell price. I also think the MF is marked up. Thoughts?

What is your location?
What is the MSRP?

82vw82

@Michaell said:
What is your location?
What is the MSRP?

Oops, sorry about that:
Zip: 55305
Msrp: 53,305

kyfdx

82vw82 said:

i'm being offered a 2024 Ti, demo, 2K miles in it, AWD 22G package, vesuvio black,

36/10
sell price: 41,450
MF: 0.00066
RV: 45.6%

I'm thinking given that it's a demo and already incurred depreciation, there's a further discount on the sell price. I also think the MF is marked up. Thoughts?

.00039 MF and 46% residual
$2000 incentive

Our numbers are from SFS. They could be using a different bank.

Also, the demo thing could change things up.

What is the quoted payment and amount Due at Signing?

82vw82

@kyfdx said:
.00039 MF and 46% residual
$2000 incentive

Our numbers are from SFS. They could be using a different bank.

Also, the demo thing could change things up.

What is the quoted payment and amount Due at Signing?

Their numbers are thru stellantis
There’s 2k negative equity on my trade which i’ll cover, but without removing that, 1519 due, 627 payments (including the 2k neg equity).

Curious if it being a demo changes the financing numbers? I wouldn’t think so…

kyfdx

82vw82 said:

@kyfdx said:

.00039 MF and 46% residual

$2000 incentive

Our numbers are from SFS. They could be using a different bank.

Also, the demo thing could change things up.

What is the quoted payment and amount Due at Signing?

Their numbers are thru stellantis

There’s 2k negative equity on my trade which i’ll cover, but without removing that, 1519 due, 627 payments (including the 2k neg equity).

Curious if it being a demo changes the financing numbers? I wouldn’t think so…

We have no way of knowing for sure. I agree, you wouldn't think so

sardille1

Can I get MF and residual for Stelvio Quadrifoglio 2024? 24/7.5k and 36/7.5k? Any incentives?

kyfdx

sardille1 said:

Can I get MF and residual for Stelvio Quadrifoglio 2024? 24/7.5k and 36/7.5k? Any incentives?

Sorry, but we have no lease info on the Quad

Zaha97

Hi,
Appreciate if you could provide current MF, RV, and incentives for Selvio sprint and Ti for 12k miles 36 months. Thanks!

Michaell

Zaha97 said:

Hi,

Appreciate if you could provide current MF, RV, and incentives for Selvio sprint and Ti for 12k miles 36 months. Thanks!

What is your location?

Zaha97

@Michaell said:
What is your location?

60016. Also do you know if the incentives stack with truecar incentive/code?

Michaell

Zaha97 said:

Hi,

Appreciate if you could provide current MF, RV, and incentives for Selvio sprint and Ti for 12k miles 36 months. Thanks!

Zaha97 said:

@Michaell said:

What is your location?

60016. Also do you know if the incentives stack with truecar incentive/code?

Sprint - .00016 MF and 48% RV
Ti - .00010 MF and 49% RV
$2500 incentives

No info on Truecar

Aliaug1001

Hello, I’m looking for MF, RV and any lease incentives on a 24 Alpha Romeo Stelvio Veloce. Zip code is 06489, lease terms are 39/15k miles (which seems long, are shorter terms better for MF?)

Thank you!

Michaell

Aliaug1001 said:

Hello, I’m looking for MF, RV and any lease incentives on a 24 Alpha Romeo Stelvio Veloce. Zip code is 06489, lease terms are 39/15k miles (which seems long, are shorter terms better for MF?)

Thank you!

.00008 MF and 44% RV
$2500 incentives