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

1468910

Comments

  • 4dimad4dimad Member Posts: 23
    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
  • 4dimad4dimad Member Posts: 23
    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!
  • MichaellMichaell Moderator Posts: 258,717
    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.

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  • MichaellMichaell Moderator Posts: 258,717
    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.

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  • Kdoggie27Kdoggie27 Member Posts: 40
    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
  • MichaellMichaell Moderator Posts: 258,717
    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

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  • ahusterahuster Member Posts: 13

    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.

  • kyfdxkyfdx Moderator Posts: 260,624
    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

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  • SFBuyerSFBuyer Member Posts: 4
    Hi - looking for RV, MF, and incentives on the XC40 EV Twin Motor for zip code 94121 - both Ultimate and Plus for 10k miles.
  • MichaellMichaell Moderator Posts: 258,717
    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?

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  • lavendergiraffelavendergiraffe Member Posts: 9
    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!
  • kyfdxkyfdx Moderator Posts: 260,624

    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.

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  • SFBuyerSFBuyer Member Posts: 4
    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
  • MichaellMichaell Moderator Posts: 258,717
    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

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  • newjeep2015newjeep2015 Member Posts: 168

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

  • MichaellMichaell Moderator Posts: 258,717

    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?

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  • Beep_boop28Beep_boop28 Member Posts: 1
    Hi, could I please get the MF and residual for XC40 B5 AWD Plus Bright? 92101, 36/10
  • kyfdxkyfdx Moderator Posts: 260,624

    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

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  • newjeep2015newjeep2015 Member Posts: 168

    @Michaell said:
    B5 or T8?

    B5

  • MichaellMichaell Moderator Posts: 258,717

    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 said:

    B5 or T8?

    B5


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

    Either theme

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  • newjeep2015newjeep2015 Member Posts: 168

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

    Either theme

    Thanks, +1% for 10k?

  • MichaellMichaell Moderator Posts: 258,717

    @Michaell said:

    .00175 MF

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

    $2000 lease bonus

    Either theme

    Thanks, +1% for 10k?


    Yup

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  • lqueremel13lqueremel13 Member Posts: 28
    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!
  • MichaellMichaell Moderator Posts: 258,717

    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

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  • ImnotamasonImnotamason Member Posts: 9

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

    2024 XC40 B5 plus bright
    Zip 27502

    Thank you!

  • kyfdxkyfdx Moderator Posts: 260,624

    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

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  • YourfuturestepmomYourfuturestepmom Member Posts: 13

    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!

  • MichaellMichaell Moderator Posts: 258,717

    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

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  • Srich2379Srich2379 Member Posts: 7

    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

  • MichaellMichaell Moderator Posts: 258,717
    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

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  • Srich2379Srich2379 Member Posts: 7
    edited March 2024

    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!

  • Srich2379Srich2379 Member Posts: 7

    @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

  • MichaellMichaell Moderator Posts: 258,717
    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

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  • MichaellMichaell Moderator Posts: 258,717
    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.

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  • hpnas47hpnas47 Member Posts: 70
    Hi, can someone please provide the RV, MF and any incentives for a 2024 Core XC40 for 10k / 36M in 33414

    Thanks!
  • kyfdxkyfdx Moderator Posts: 260,624
    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?

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  • hpnas47hpnas47 Member Posts: 70

    @kyfdx said:
    B5 or EV?

    If EV, single or twin?

    B5 sorry about that

  • MichaellMichaell Moderator Posts: 258,717
    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

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  • Srich2379Srich2379 Member Posts: 7

    @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.

  • kyfdxkyfdx Moderator Posts: 260,624
    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!

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  • rileymanrileyman Member Posts: 7
    edited March 2024
    Hi. Looking for the RV, MF, and any incentives for:

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

    Thank you
  • MichaellMichaell Moderator Posts: 258,717
    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

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  • SFBuyerSFBuyer Member Posts: 4
    Hi - looking for an RV, MF and incentives for a 2024 XC40 Recharge Twin Ultimate - 36month/7,500 miles for 94118. Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 260,624
    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

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  • dwrhodesdwrhodes Member Posts: 3
    edited April 2024
    Hello. Looking for RV, mf, incentives for a 2024 XC40 Plus Dark, B5. 36/10k for 32081.

    Thanks so much.
  • MichaellMichaell Moderator Posts: 258,717
    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

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  • branatical2024branatical2024 Member Posts: 13
    Hi can I please get the MF and residual for XC40 B5 Ultimate 36/10 06776
  • kyfdxkyfdx Moderator Posts: 260,624

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

    .00160 MF and 58% residual
    $1750 lease bonus

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  • branatical2024branatical2024 Member Posts: 13
    Thanks is the Plus the same?
  • kyfdxkyfdx Moderator Posts: 260,624

    Thanks is the Plus the same?

    .00126 MF is the only difference

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