2024 Volvo XC40 Lease Deals, Incentives, Rebates, and Prices

4dimad

Hello, what are your thoughts on Excess Wear & Use Lease-End Protection Plan? The dealer is offering it for $1500 on XC40, "threatening" with charges at the end of the lease, including fee for installation after-market tires by non-dealer, even if they are same tires, etc. TIA

4dimad

Michaell said:

4dimad said:

Michaell said:

4dimad said:

Michaell said:

4dimad said:

Sorry for multiple posts, wasn't sure which forum to post at.

Could I please get the lease numbers for the 2024 Volvo XC40 B5 Plus Dark?
Option 1 : 12K, 36 months
Option 2 : 15K, 36 months

Zip 02111, Boston.

Is there option to lease for 48 months? If yes, I would like to consider 48 months.

Also, as of right now the dealer is offering $641.87 based on the following numbers (does this sound right?):

36 months, 12K/year
MSRP 49,605
Discount: 1,984.20
Final price: $47,620.80
Down $5,000
Cap reduction $3,704,69
Total fee $1,610
Total taxes $1,629.34
Adjusted cap cost $45,142.65
Total of payments $23,107.32
RV $27,778.80

P.S. How much are people negotiating off MSRP nowadays?

Thanks in advance!
PS Here is the car https://www.bostonvolvocars.com/new-inventory/index.htm?search=24476

36/12
.00142 MF and 56% residual
$1000 lease bonus (which is reflected in the discount the dealer is giving you)

There is no 48 month term.

Use the Price Checker link, below, for Edmunds research on pricing.

I don't see a full breakout of the $5000 up front cash - the $37xx in cap reduction and total fees of $16xx equal $53xx. I'd look for a comprehensive accounting of all the dollars.

We don't recommend big cap reductions, as that money is at risk of being lost if the car is stolen or totaled during the lease.

However, using our lease numbers and your MSRP/Adjusted cap, I get $586/mo plus tax. Assuming the tax in MA is still 6.25%, the total payment is $623/mo, so not far off from the dealer quote.

Getting all the numbers will help us try to resolve the difference.

I am in MA, 6.25%. They didn't give me every single number, but sent a quote:
15k miles lease will be 578.33 per month.
The residual on the lease is $27,778.80 and MF is .00162.
Lease turn in fee is $450.
$5,193 total due at signing (which includes $4k down + 1st payment, doc fee, registration fees, tax).
I would appreciate your feedback.

MF is bumped up, just a bit, for extra profit in the dealers pocket.

You might want to work on that.

Where is the $995 acquisition fee? Part of the payment?

I believe acquisition fee is part of the payment, but I will double check. Otherwise, besides MF how does this look? Thank you very much!

Seems ok, if you're ok with the discount from sticker. Have you shopped around to see if you can do better?

Great group and I have learned a lot. Could you please take a look at my paperwork? My feeling is that something is mismatch. The financial advisor was rushing me through the paperwork, and it's totally my fault that I didn't ask about "Key Replacement" $475 fee. I try to put all other numbers together, but they are not summing up. Am I missing something? I put $4000 cash + fees, total 5,197.89. (500 discount is for the teachers). I am picking car on Friday, so I still have time to clarify the numbers. Thank you again!

Michaell

4dimad said:

Hello, what are your thoughts on Excess Wear & Use Lease-End Protection Plan? The dealer is offering it for $1500 on XC40, "threatening" with charges at the end of the lease, including fee for installation after-market tires by non-dealer, even if they are same tires, etc. TIA

It's a good deal ... for the dealer.

If you take good care of your cars, you shouldn't have a problem at lease end.

Michaell

4dimad said:

Michaell said:

4dimad said:

Michaell said:

4dimad said:

Michaell said:

4dimad said:

Sorry for multiple posts, wasn't sure which forum to post at.

Could I please get the lease numbers for the 2024 Volvo XC40 B5 Plus Dark?
Option 1 : 12K, 36 months
Option 2 : 15K, 36 months

Zip 02111, Boston.

Is there option to lease for 48 months? If yes, I would like to consider 48 months.

Also, as of right now the dealer is offering $641.87 based on the following numbers (does this sound right?):

36 months, 12K/year
MSRP 49,605
Discount: 1,984.20
Final price: $47,620.80
Down $5,000
Cap reduction $3,704,69
Total fee $1,610
Total taxes $1,629.34
Adjusted cap cost $45,142.65
Total of payments $23,107.32
RV $27,778.80

P.S. How much are people negotiating off MSRP nowadays?

Thanks in advance!
PS Here is the car https://www.bostonvolvocars.com/new-inventory/index.htm?search=24476

36/12
.00142 MF and 56% residual
$1000 lease bonus (which is reflected in the discount the dealer is giving you)

There is no 48 month term.

Use the Price Checker link, below, for Edmunds research on pricing.

I don't see a full breakout of the $5000 up front cash - the $37xx in cap reduction and total fees of $16xx equal $53xx. I'd look for a comprehensive accounting of all the dollars.

We don't recommend big cap reductions, as that money is at risk of being lost if the car is stolen or totaled during the lease.

However, using our lease numbers and your MSRP/Adjusted cap, I get $586/mo plus tax. Assuming the tax in MA is still 6.25%, the total payment is $623/mo, so not far off from the dealer quote.

Getting all the numbers will help us try to resolve the difference.

I am in MA, 6.25%. They didn't give me every single number, but sent a quote:
15k miles lease will be 578.33 per month.
The residual on the lease is $27,778.80 and MF is .00162.
Lease turn in fee is $450.
$5,193 total due at signing (which includes $4k down + 1st payment, doc fee, registration fees, tax).
I would appreciate your feedback.

MF is bumped up, just a bit, for extra profit in the dealers pocket.

You might want to work on that.

Where is the $995 acquisition fee? Part of the payment?

I believe acquisition fee is part of the payment, but I will double check. Otherwise, besides MF how does this look? Thank you very much!

Seems ok, if you're ok with the discount from sticker. Have you shopped around to see if you can do better?

Great group and I have learned a lot. Could you please take a look at my paperwork? My feeling is that something is mismatch. The financial advisor was rushing me through the paperwork, and it's totally my fault that I didn't ask about "Key Replacement" $475 fee. I try to put all other numbers together, but they are not summing up. Am I missing something? I put $4000 cash + fees, total 5,197.89. (500 discount is for the teachers). I am picking car on Friday, so I still have time to clarify the numbers. Thank you again!

Yeah, not a fan of that $475 charge. When was the last time you lost a key?

I'm also not a big fan of down payments ("capitalized cost reductions") on a lease - if the car is stolen or totaled, then you lose 100% of that money. I like to start my leases by only paying the first payment and any government imposed fees, and roll everything else into the lease.

That will, of course, jack up the payment - in your case, about $120/mo, or so. If that's too rich for you, perhaps you should adjust your budget.

Kdoggie27

Hello! Can I please get RV, MF, and incentives on the following XC40 EV Twin Motor for zip code 98116

Core - Twin Motor - 12mo / 10K miles
Core - Twin Motor - 24 mo / 10K miles
Core - Twin Motor - 36 mo / 10K miles

Plus - Twin Motor - 12 mo / 10K miles
Plus - Twin Motor - 24 mo / 10K miles
Plus - Twin Motor - 36 mo / 10K miles

Michaell

Kdoggie27 said:

Hello! Can I please get RV, MF, and incentives on the following XC40 EV Twin Motor for zip code 98116

Core - Twin Motor - 12mo / 10K miles
Core - Twin Motor - 24 mo / 10K miles
Core - Twin Motor - 36 mo / 10K miles

Plus - Twin Motor - 12 mo / 10K miles
Plus - Twin Motor - 24 mo / 10K miles
Plus - Twin Motor - 36 mo / 10K miles

Core - .00308 and 60% / 56% for 24/36 and 10K
Plus - .00306 and 60% / 57%
$7500 lease bonus

No 12 month program from Volvo

ahuster

Looking for MF/RV and incentives currently for a Volvo XC40 Recharge Single Motor Ultimate (MSRP $60,095) in 43085. 3 years, 10,000 mi/year. Coming from a non-Volvo vehicle, in case there's competitor capture bonuses.

kyfdx

ahuster said:

Looking for MF/RV and incentives currently for a Volvo XC40 Recharge Single Motor Ultimate (MSRP $60,095) in 43085. 3 years, 10,000 mi/year. Coming from a non-Volvo vehicle, in case there's competitor capture bonuses.

.00186 MF and 51% residual
$7500 lease bonus

Don’t see any conquest incentives

SFBuyer

Hi - looking for RV, MF, and incentives on the XC40 EV Twin Motor for zip code 94121 - both Ultimate and Plus for 10k miles.

Michaell

SFBuyer said:

Hi - looking for RV, MF, and incentives on the XC40 EV Twin Motor for zip code 94121 - both Ultimate and Plus for 10k miles.

What lease term?

lavendergiraffe

Hello!

I’m looking for the MF, RV, and any incentives for:

Volvo - XC 40 - B5 Ultimate Bright

36 months/12k miles
Zip: 07029

Are there any MF discounts for MSDs? If so, what is max # of MSDs?

Thank you!

kyfdx

lavendergiraffe said:

Hello!

I’m looking for the MF, RV, and any incentives for:

Volvo - XC 40 - B5 Ultimate Bright

36 months/12k miles
Zip: 07029

Are there any MF discounts for MSDs? If so, what is max # of MSDs?

Thank you!

.00175 MF and 56% residual
$1000 lease bonus

9 MSDs at .00005 ea.

SFBuyer

Michaell said:

SFBuyer said:

Hi - looking for RV, MF, and incentives on the XC40 EV Twin Motor for zip code 94121 - both Ultimate and Plus for 10k miles.

What lease term?

36 months

Michaell

SFBuyer said:

Michaell said:

SFBuyer said:

Hi - looking for RV, MF, and incentives on the XC40 EV Twin Motor for zip code 94121 - both Ultimate and Plus for 10k miles.

What lease term?

36 months

Plus - .00306 MF and 57% RV
ULT - .00280 MF and 56% RV
$7500 lease bonus

newjeep2015

Can I please have the XC40 numbers for 90210 for both Ultimate Dark and Bright for 24- and 36-month terms, 10k and 12k?

Michaell

newjeep2015 said:

Can I please have the XC40 numbers for 90210 for both Ultimate Dark and Bright for 24- and 36-month terms, 10k and 12k?

B5 or T8?

Beep_boop28

Hi, could I please get the MF and residual for XC40 B5 AWD Plus Bright? 92101, 36/10

kyfdx

Beep_boop28 said:

Hi, could I please get the MF and residual for XC40 B5 AWD Plus Bright? 92101, 36/10

.00142 MF and 57% residual
$2000 lease bonus

newjeep2015

@Michaell said:
B5 or T8?

B5

Michaell

newjeep2015 said:

Can I please have the XC40 numbers for 90210 for both Ultimate Dark and Bright for 24- and 36-month terms, 10k and 12k?

newjeep2015 said:

@Michaell said:

B5 or T8?

B5

.00175 MF
62% and 56% for 24/36 and 12K
$2000 lease bonus

Either theme

newjeep2015

@Michaell said:
.00175 MF
62% and 56% for 24/36 and 12K
$2000 lease bonus

Either theme

Thanks, +1% for 10k?

Michaell

newjeep2015 said:

@Michaell said:

.00175 MF

62% and 56% for 24/36 and 12K

$2000 lease bonus

Either theme

Thanks, +1% for 10k?

Yup

lqueremel13

Hi Edmund’s Team

Could I please get the residual, MF and incentives 36/10 for:
24 XC40 Recharge Pure Electric Twin Core

Zip code is 30316

Thank you in advance!

Michaell

lqueremel13 said:

Hi Edmund’s Team

Could I please get the residual, MF and incentives 36/10 for:
24 XC40 Recharge Pure Electric Twin Core

Zip code is 30316

Thank you in advance!

.00308 and 56%
$7500 lease bonus

Imnotamason

Could I please have the residual, MF and incentives for 36/10

2024 XC40 B5 plus bright
Zip 27502

Thank you!

kyfdx

Imnotamason said:

Could I please have the residual, MF and incentives for 36/10

2024 XC40 B5 plus bright

Zip 27502

Thank you!

.00142 MF and 57% residual
$1750 lease bonus

Yourfuturestepmom

Hello, can I get the RV, MF, and any incentives for the XC40 B5 Plus and Ultimate Dark? 36/12, zip is 21771.

Thank you!

Michaell

Yourfuturestepmom said:

Hello, can I get the RV, MF, and any incentives for the XC40 B5 Plus and Ultimate Dark? 36/12, zip is 21771.

Thank you!

Plus - .00166 MF and 55% RV
ULT - .00196 MF and 55% RV
$2750 lease bonus

Srich2379

Hi,
Can I please have the MF, RV, and any available incentives for the 2024 XC40 B5 Core and Plus Dark for 30306? 36 month lease, 12k. Thank you

Michaell

Srich2379 said:

Hi,

Can I please have the MF, RV, and any available incentives for the 2024 XC40 B5 Core and Plus Dark for 30306? 36 month lease, 12k. Thank you

Core - .00273 MF and 58% RV
Plus - .00166 MF and 55% RV
$2750 lease bonus

Srich2379

This is a lease offer the dealer gave me. Edmunds suggests I pay $40,919 before incentives. After the $2,750 incentive, it comes to $38,169. This gets me to a monthly payment I’m very happy with. Do you suggest I be straight up and say if you lease me this car for $38,169 with X as my monthly payment, I’ll take it? Is that realistic and reasonable! I really appreciate any input or advice you can provide me. Thanks!

Srich2379

@Srich2379 said:
Hi,
Can I please have the MF, RV, and any available incentives for the 2024 XC40 B5 Core and Plus Dark for 30306? 36 month lease, 12k. Thank you

Will you pls provide me the same info for 36/10? Thank you

Michaell

Srich2379 said:

@Srich2379 said:

Hi,

Can I please have the MF, RV, and any available incentives for the 2024 XC40 B5 Core and Plus Dark for 30306? 36 month lease, 12k. Thank you

Will you pls provide me the same info for 36/10? Thank you

Add 1% to the residual for 36/10

Michaell

Srich2379 said:

This is a lease offer the dealer gave me. Edmunds suggests I pay $40,919 before incentives. After the $2,750 incentive, it comes to $38,169. This gets me to a monthly payment I’m very happy with. Do you suggest I be straight up and say if you lease me this car for $38,169 with X as my monthly payment, I’ll take it? Is that realistic and reasonable! I really appreciate any input or advice you can provide me. Thanks!

The paint, fabric and tint are an unnecessary $1500, or $45/mo, added to your payment.

Ask for $38K flat and see what they say.

hpnas47

Hi, can someone please provide the RV, MF and any incentives for a 2024 Core XC40 for 10k / 36M in 33414

Thanks!

kyfdx

hpnas47 said:

Hi, can someone please provide the RV, MF and any incentives for a 2024 Core XC40 for 10k / 36M in 33414

Thanks!

B5 or EV?

If EV, single or twin?

hpnas47

@kyfdx said:
B5 or EV?

If EV, single or twin?

B5 sorry about that

Michaell

hpnas47 said:

Hi, can someone please provide the RV, MF and any incentives for a 2024 Core XC40 for 10k / 36M in 33414

Thanks!

hpnas47 said:

@kyfdx said:

B5 or EV?

If EV, single or twin?

B5 sorry about that

.00273 MF and 59% RV
$3000 lease bonus

Srich2379

@Michaell said:
The paint, fabric and tint are an unnecessary $1500, or $45/mo, added to your payment.

Ask for $38K flat and see what they say.

I offered $38k, the dealer came back with this quote. I asked him to take off the tint, paint and fabric protection, he said he couldn’t. I told him if he could get my payment closer to $500 a month I’d take the car. He said this was the best he could do, so I said I’m not interested. Frustrating but oh well.

kyfdx

Srich2379 said:

@Michaell said:

The paint, fabric and tint are an unnecessary $1500, or $45/mo, added to your payment.

Ask for $38K flat and see what they say.

I offered $38k, the dealer came back with this quote. I asked him to take off the tint, paint and fabric protection, he said he couldn’t. I told him if he could get my payment closer to $500 a month I’d take the car. He said this was the best he could do, so I said I’m not interested. Frustrating but oh well.

Thanks for the report!

rileyman

Hi. Looking for the RV, MF, and any incentives for:

2024 XC40 B5 Core and B5 Plus
36/10
Zip is 63123

Thank you

Michaell

rileyman said:

Hi. Looking for the RV, MF, and any incentives for:

2024 XC40 B5 Core and B5 Plus
36/10
Zip is 63123

Thank you

Core - .00273 MF and 59% RV
Plus - .00166 MF and 56% RV
$2500 lease bonus

SFBuyer

Hi - looking for an RV, MF and incentives for a 2024 XC40 Recharge Twin Ultimate - 36month/7,500 miles for 94118. Thanks in advance.

kyfdx

SFBuyer said:

Hi - looking for an RV, MF and incentives for a 2024 XC40 Recharge Twin Ultimate - 36month/7,500 miles for 94118. Thanks in advance.

.00280 MF and 57% residual
$7500 lease bonus

dwrhodes

Hello. Looking for RV, mf, incentives for a 2024 XC40 Plus Dark, B5. 36/10k for 32081.

Thanks so much.

Michaell

dwrhodes said:

Hello. Looking for RV, mf, incentives for a 2024 XC40 Plus Dark, B5. 36/10k for 32081.

Thanks so much.

.00126 MF and 58% RV
$750 lease bonus

branatical2024

Hi can I please get the MF and residual for XC40 B5 Ultimate 36/10 06776

kyfdx

branatical2024 said:

Hi can I please get the MF and residual for XC40 B5 Ultimate 36/10 06776

.00160 MF and 58% residual
$1750 lease bonus

branatical2024

Thanks is the Plus the same?

kyfdx

branatical2024 said:

Thanks is the Plus the same?

.00126 MF is the only difference