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2016 Volvo XC90 Lease Questions

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  • kyfdxkyfdx Moderator Posts: 236,681
    dtopgear said:

    Hello all. Looking for the number for a 36month/10000 mile lease on a T8 AWD and a T6 AWD here in So FL. Seems to be a lot of XC90's on dealer lots so hoping I have some bargaining room now.

    Thank you!

    Momentum, Inscription or R-Design?

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  • dtopgeardtopgear Member Posts: 25
    Momentum and R-Design. Is there really that much of a difference between the three? Cheers.
  • MichaellMichaell Moderator Posts: 240,955
    dtopgear said:

    Hello all. Looking for the number for a 36month/10000 mile lease on a T8 AWD and a T6 AWD here in So FL. Seems to be a lot of XC90's on dealer lots so hoping I have some bargaining room now.

    Thank you!

    dtopgear said:

    Momentum and R-Design. Is there really that much of a difference between the three? Cheers.

    Don't know until we look ... (flip, flip, flip) ... ah, here we go:

    T6 Momentum AWD - .00061 and 57%
    T6 R-Design AWD - .00100 and 57%

    T8 Momentum AWD - .00148 and 48%
    T8 R-Design AWD - .00168 and 48%

    (wow, those are some pretty bad residuals on the T8)

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  • vettevertvettevert Member Posts: 21
    Now that Volvo #s seem to be found, do we have them for 24mo. leases? This is for NC. Not sure which model, so all 3 would be awesome (T6 only, 12k/yr). Debating this or an RX450h (currently in a '15 RX350 Fsport up in September) The lease numbers given to me by the Volvo dealership are SO MUCH worse than Lexus for 24 mo.
  • kyfdxkyfdx Moderator Posts: 236,681
    vettevert said:

    Now that Volvo #s seem to be found, do we have them for 24mo. leases? This is for NC. Not sure which model, so all 3 would be awesome (T6 only, 12k/yr). Debating this or an RX450h (currently in a '15 RX350 Fsport up in September) The lease numbers given to me by the Volvo dealership are SO MUCH worse than Lexus for 24 mo.

    Momentum: .00061 MF and 66% residual
    Inscription: .00070 MF and 62% residual
    R-Design: .00070 MF and 65% residual

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  • dtopgeardtopgear Member Posts: 25
    edited June 2016
    Wow, what is up with the T8 residuals, even the MF is up there. Guess they think that the extra cost for the hybrid system is not going to hold up in the used car market. Is like they are pushing you to buy it so they don't have to take it back later. Very disappointing.

    Seeing all the numbers it seems that the Momentum at 36months is the sweet spot. What does everyone else think?
  • harrymed38harrymed38 Member Posts: 38
    edited July 2016
    Do you have numbers for July, in MA? And is there any changes in price for the 2017 XC90 models? Will the MF and residual be the same of 2016 models?
    T6 Momentun MF? And Residuals for 39/10, 36/10 and 24/10?
  • skylanderbcskylanderbc Member Posts: 8
    oghowie said:

    Hey Everyone,

    Just got my XC90 (been an Audi customer for the past 12 years and was very disappointed how they treated me as a customer when I was trying to buy a Q7). I am now a proud owner of an T6 XC90 R-Design AWD with the Vision and Convenience Package. Details below

    MSRP: 59,365
    Discount: 5000
    Money Down: 4000
    Cap Cost Reduction: 2640 (Registration is 250 + Title Fee 450 + first months payment)
    MF: .0010
    Residual: 57%
    36month/10000 miles
    Monthly Payment: 660 with CA 9% sales tax.

    Dealership was super chill and I am very happy with the deal that I got. Feel free to ask any questions to help your buying experience (I researched the F-Pace, Q7, X5 and the XC90)

    Btw, Edmunds was super helpful in the whole process too.

    May I ask which dealer you went with to get $5k off? Are you in SoCal?
    Hi, of course. Sorry for the delay in the reply as I just came back from a vacation. I am in SoCal and got my car from Santa Monica Volvo. Ask for Jason G. Obviously they wont give you the deal until you are there ready to sign. I negotiated this as I knew I was driving out with the XC90 that day if they hit my number. I went to Galpin as well, and honestly they were great too. All the Volvo dealers I went to were great and made the car buying process bearable :smile:
  • kyfdxkyfdx Moderator Posts: 236,681

    Do you have numbers for July, in MA? And is there any changes in price for the 2017 XC90 models? Will the MF and residual be the same of 2016 models?
    T6 Momentun MF? And Residuals for 39/10, 36/10 and 24/10?

    No info yet on July Volvo numbers. Probably next week.

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  • nicksmu17nicksmu17 Member Posts: 183
    WHen you get the July numbers will you also include the 36/10 and 39/10 on the T6 inscription and r-design? Bummer about the hybrid, I really would go into it if the numbers were decent.
  • MichaellMichaell Moderator Posts: 240,955
    nicksmu17 said:

    WHen you get the July numbers will you also include the 36/10 and 39/10 on the T6 inscription and r-design? Bummer about the hybrid, I really would go into it if the numbers were decent.

    We will likely get the July numbers next week, if we are lucky.

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  • reldausareldausa Member Posts: 16
    Hi guys

    2016 Volvo XC90 AWD 4dr T5 Momentum in SoCal. MSRP is $49,815.00. Looking to see differences on MF and residuals depending on mileage per year (10k, 12k or 15k) and term (36 or 39 mos).
  • awsu0812awsu0812 Member Posts: 1
    I'm in the suburban Cook County area of IL, but looking to lease a 2016 XC90 T8 Inscription located in Indiana. (Chicago area dealers are laughably offering only $1k discount off MSRP on remaining 2016s - Ridiculous!)
    Dealer has provided the following numbers for a 24 month lease/12k miles a year, and $1,122.08 a month payment.
    MSRP: $78525
    Rebate: $4585
    Lease Sale Price: $65352
    IL taxes: $2980.42
    Doc fee: $199
    IN tire fee: $1.25
    Residual %: 58%
    Upfront money + First Payment: $1,017.41

    I am completely confused, and can't understand these figures. The numbers just don't add up.
    For example:
    I know the IL sales tax (8.25%) is wrong as sales tax no longer applies to the entire capitalized cost - now only down payment and monthly lease payment.
    That percentage residual is awfully low - like for a 39mth lease, and not for a 24 month lease.

    What is the correct MF and residual for a 24 month lease at 12k miles per year, and 15k miles per year? If no July #s out, can you please provide me June #s as reference?
    Thanks.

  • kyfdxkyfdx Moderator Posts: 236,681
    reldausa said:

    Hi guys

    2016 Volvo XC90 AWD 4dr T5 Momentum in SoCal. MSRP is $49,815.00. Looking to see differences on MF and residuals depending on mileage per year (10k, 12k or 15k) and term (36 or 39 mos).

    .00126 MF and 55%/53% residual for 36/39 mo, 15K/yr

    Add 2% for 12K/yr or 3% for 10K/yr

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  • kyfdxkyfdx Moderator Posts: 236,681
    awsu0812 said:

    I'm in the suburban Cook County area of IL, but looking to lease a 2016 XC90 T8 Inscription located in Indiana. (Chicago area dealers are laughably offering only $1k discount off MSRP on remaining 2016s - Ridiculous!)
    Dealer has provided the following numbers for a 24 month lease/12k miles a year, and $1,122.08 a month payment.
    MSRP: $78525
    Rebate: $4585
    Lease Sale Price: $65352
    IL taxes: $2980.42
    Doc fee: $199
    IN tire fee: $1.25
    Residual %: 58%
    Upfront money + First Payment: $1,017.41

    I am completely confused, and can't understand these figures. The numbers just don't add up.
    For example:
    I know the IL sales tax (8.25%) is wrong as sales tax no longer applies to the entire capitalized cost - now only down payment and monthly lease payment.
    That percentage residual is awfully low - like for a 39mth lease, and not for a 24 month lease.

    What is the correct MF and residual for a 24 month lease at 12k miles per year, and 15k miles per year? If no July #s out, can you please provide me June #s as reference?
    Thanks.

    The T8 has terrible residuals.

    .00100 MF and 58% residual is correct for 24/12. 56% for 24/15.
    The sales tax appears to be correct. If the 8.25% was applied to the full sale price, the number would be almost $5400. (rebates count as upfront money and are taxable, as well).

    You've picked the model (T8) and trim (Inscription) with the worst residuals.

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  • vettevertvettevert Member Posts: 21
    Have July numbers come in? 24/12k

    I know Lexus #s update quarterly, are Volvo's monthly?
  • mike01680mike01680 Member Posts: 25
    Hi,

    Looking for the MF and Residuals in NJ for a T5 AWD Momentum and T6 AWD Momentum for 36/12 and 39/12.

    Thanks

    Mike
  • radelowradelow Member Posts: 4
    edited July 2016
    Any July numbers yet? I need the following for a 2016 Inscription. Also are 2017 numbers available yet?

    36/12
    36/15
  • MichaellMichaell Moderator Posts: 240,955
    vettevert said:

    Have July numbers come in? 24/12k

    I know Lexus #s update quarterly, are Volvo's monthly?

    What trim level?

    Current numbers are valid through 8/1.

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  • MichaellMichaell Moderator Posts: 240,955
    mike01680 said:

    Hi,

    Looking for the MF and Residuals in NJ for a T5 AWD Momentum and T6 AWD Momentum for 36/12 and 39/12.

    Thanks

    Mike

    T5 - .00126 and 57% / 55%

    T6 - .00061 and 56% for 36/12 or .00069 and 55% for 39/12

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  • MichaellMichaell Moderator Posts: 240,955
    radelow said:

    Any July numbers yet? I need the following for a 2016 Inscription. Also are 2017 numbers available yet?

    36/12
    36/15

    T5? T6? T8? FWD or AWD?

    Yes, we have 2017 XC90 lease numbers; I just created a separate discussion for that model year:

    http://forums.edmunds.com/discussion/41974/volvo/xc90/2017-volvo-xc90-lease-questions/p1?new=1

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  • mike01680mike01680 Member Posts: 25
    Thanks for the quick response.
  • mike01680mike01680 Member Posts: 25
    Do you have the MF and Residuals for an T6 AWD Inscription.

    Thanks
  • FadyDizzleFadyDizzle Member Posts: 115
    Hi, is there a forum for the new Volvo S90 where we can get rates for MF and residual?
  • grabber2grabber2 Member Posts: 4
    Got a offer for T5 Momentum 36/10K after test drove. They did a run down & gave me the below:

    MSRP: $49405 (Options: Heat seat ($500), Metallic paint($560), Leather Upholstery ($1400)
    Sale Price: $44440
    10% off MSRP

    Residual %: unknown (but saw $28,5xx balance if i decide to purchase after lease)
    Money Factor: N/A

    Monthly payment: $508

    Upfront money: $3236
    First month ($508) + Title & Plate ($341) + Bank Fee ($695) + Taxes 36 months (1691)

    I think its a good price.

    I just can't figure out the MF & residual.
  • MichaellMichaell Moderator Posts: 240,955
    grabber2 said:

    Got a offer for T5 Momentum 36/10K after test drove. They did a run down & gave me the below:

    MSRP: $49405 (Options: Heat seat ($500), Metallic paint($560), Leather Upholstery ($1400)
    Sale Price: $44440
    10% off MSRP

    Residual %: unknown (but saw $28,5xx balance if i decide to purchase after lease)
    Money Factor: N/A

    Monthly payment: $508

    Upfront money: $3236
    First month ($508) + Title & Plate ($341) + Bank Fee ($695) + Taxes 36 months (1691)

    I think its a good price.

    I just can't figure out the MF & residual.

    FWD or AWD? Different numbers for the T5 Momentum based on drivetrain.

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  • grabber2grabber2 Member Posts: 4
    Michaell said:



    FWD or AWD? Different numbers for the T5 Momentum based on drivetrain.

    2016 XC90 T5 Momentum AWD 36/10K

    MSRP: $49405
    Sale Price: $44440
    10% off MSRP
    Residual: 58%
    Money Factor: 0.0096

    Monthly payment: $508

    Upfront money: $3236
    First month ($508) + Title & Plate ($341) + Bank Fee ($695) + Taxes 36 months (1691)
  • MichaellMichaell Moderator Posts: 240,955
    grabber2 said:

    Michaell said:



    FWD or AWD? Different numbers for the T5 Momentum based on drivetrain.

    2016 XC90 T5 Momentum AWD 36/10K

    MSRP: $49405
    Sale Price: $44440
    10% off MSRP
    Residual: 58%
    Money Factor: 0.0096

    Monthly payment: $508

    Upfront money: $3236
    First month ($508) + Title & Plate ($341) + Bank Fee ($695) + Taxes 36 months (1691)
    I'm showing the MF on that model as .00126 .. are you eligible for a fleet discount of some sort?

    With your numbers, I too get $508/mo

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  • mike01680mike01680 Member Posts: 25
    Hi,

    Looking for the MF and Residuals in NJ for a T5 AWD Momentum and T6 AWD Momentum for 36/10 and 39/10.

    Thanks

    Mike
  • dyldyl Member Posts: 27
    Hi,
    Looking for the MF and Residuals in Ohio for a T6 AWD R-DESIGN 36/10 and 39/10.

    Thanks

    YL
  • kyfdxkyfdx Moderator Posts: 236,681
    mike01680 said:

    Hi,

    Looking for the MF and Residuals in NJ for a T5 AWD Momentum and T6 AWD Momentum for 36/10 and 39/10.

    Thanks

    Mike

    T5
    .00126 MF and 58%/56% residual

    T6
    .00061 MF and 57% residual
    .00069 MF and 56% residual

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  • kyfdxkyfdx Moderator Posts: 236,681
    dyl said:

    Hi,
    Looking for the MF and Residuals in Ohio for a T6 AWD R-DESIGN 36/10 and 39/10.

    Thanks

    YL

    .00100 MF and 57% residual
    .00107 MF and 55% residual

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  • m_kothuri@yahoo.comm_kothuri@yahoo.com Member Posts: 44
    edited July 2016
    MSRP: $59325
    Sale Price: $55289
    Residual: 56%
    Money Factor: 0.00069
    cap cost reduction 3850
    cap cost including taxes 58940
    cash due at signing 4669 includes 1st month payment
    10k/39
    t6 momentum awd 2016 model
    Monthly payment: $605
    in NJ 

    any thoughts??

  • harrymed38harrymed38 Member Posts: 38
    Number for Inscription in MA, MF, residuals for 39/10?
  • MichaellMichaell Moderator Posts: 240,955

    Number for Inscription in MA, MF, residuals for 39/10?

    T5 FWD?
    T5 AWD?
    T6 AWD?
    T8 AWD?

    Volvo model naming conventions are a bit, shall we say, particular?

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  • MichaellMichaell Moderator Posts: 240,955

    MSRP: $59325
    Sale Price: $55289
    Residual: 56%
    Money Factor: 0.00069
    cap cost reduction 3850
    cap cost including taxes 58940
    cash due at signing 4669 includes 1st month payment
    10k/39
    t6 momentum awd 2016 model
    Monthly payment: $605
    in NJ 

    any thoughts??

    Using your MSRP and cap cost, I get $723/mo.

    Is the $4669 inclusive of the $3850 cap reduction, or are you expected to give the dealer a check for $8519?

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  • m_kothuri@yahoo.comm_kothuri@yahoo.com Member Posts: 44
    Michaell said:
    MSRP: $59325
    Sale Price: $55289
    Residual: 56%
    Money Factor: 0.00069
    cap cost reduction 3850
    cap cost including taxes 58940
    cash due at signing 4669 includes 1st month payment
    10k/39
    t6 momentum awd 2016 model
    Monthly payment: $605
    in NJ 

    any thoughts??

    Using your MSRP and cap cost, I get $723/mo. Is the $4669 inclusive of the $3850 cap reduction, or are you expected to give the dealer a check for $8519?
    4669 Includes cap cost reduction. Only due at signing is 4669.
  • grabber2grabber2 Member Posts: 4
    Michaell said:



    I'm showing the MF on that model as .00126 .. are you eligible for a fleet discount of some sort?

    With your numbers, I too get $508/mo

    That was the calculation i got from the number i see from the computer. It somewhat changed by the finance manager & Volvo only offer 39mo. No 36 mo lease. I'm stuck with it for extra 3 mon, but monthly payment remain $508. See my actually lease number:
  • harrymed38harrymed38 Member Posts: 38
    Michaell said:

    Number for Inscription in MA, MF, residuals for 39/10?

    T5 FWD?
    T5 AWD?
    T6 AWD?
    T8 AWD?

    Volvo model naming conventions are a bit, shall we say, particular?
    Sorry I meant T6 AWD, tsk!
  • MichaellMichaell Moderator Posts: 240,955


    Michaell said:

    MSRP: $59325
    Sale Price: $55289
    Residual: 56%
    Money Factor: 0.00069
    cap cost reduction 3850
    cap cost including taxes 58940
    cash due at signing 4669 includes 1st month payment
    10k/39
    t6 momentum awd 2016 model
    Monthly payment: $605
    in NJ 

    any thoughts??

    Using your MSRP and cap cost, I get $723/mo.

    Is the $4669 inclusive of the $3850 cap reduction, or are you expected to give the dealer a check for $8519?

    4669 Includes cap cost reduction. Only due at signing is 4669.

    So, we need to find out the adjusted cap cost, since you aren't paying all the fees up front.

    Then we can calculate the payment to ensure it matches what the dealer is quoting you.

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  • MichaellMichaell Moderator Posts: 240,955
    grabber2 said:

    Michaell said:



    I'm showing the MF on that model as .00126 .. are you eligible for a fleet discount of some sort?

    With your numbers, I too get $508/mo

    That was the calculation i got from the number i see from the computer. It somewhat changed by the finance manager & Volvo only offer 39mo. No 36 mo lease. I'm stuck with it for extra 3 mon, but monthly payment remain $508. See my actually lease number:
    Volvo does offer a 36 month lease, though the numbers may not be as good as for 39 month terms, this month.

    There is one model that offers a .00069 MF for 39 months - the T6 AWD Momentum. Is this the trim level you are getting?

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  • MichaellMichaell Moderator Posts: 240,955

    Michaell said:

    Number for Inscription in MA, MF, residuals for 39/10?

    T5 FWD?
    T5 AWD?
    T6 AWD?
    T8 AWD?

    Volvo model naming conventions are a bit, shall we say, particular?
    Sorry I meant T6 AWD, tsk!
    .00107 and 52% for 39/10

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  • grabber2grabber2 Member Posts: 4
    Michaell said:

    grabber2 said:

    Michaell said:



    Volvo does offer a 36 month lease, though the numbers may not be as good as for 39 month terms, this month.

    There is one model that offers a .00069 MF for 39 months - the T6 AWD Momentum. Is this the trim level you are getting?

    Mine was the T5 AWD Momentum with option for MRSP $49405
  • rickwayrickway Member Posts: 3
    Hi, I'm looking for MF and residual on the T6 Momentum (with Momentum Plus package if that makes a difference) in Southern California.

    Can you please show 36/10, 39/10, 36/12 and 39/12? Thank you!
  • kyfdxkyfdx Moderator Posts: 236,681
    rickway said:

    Hi, I'm looking for MF and residual on the T6 Momentum (with Momentum Plus package if that makes a difference) in Southern California.

    Can you please show 36/10, 39/10, 36/12 and 39/12? Thank you!

    .00061 MF and 57%/56% for 36 months
    .00069 MF and 56%/55% for 39 months.

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  • harrymed38harrymed38 Member Posts: 38
    edited July 2016
    Hi all, I was hopping to get some inputs from you....I learned that some dealerships are offering good discounts on their XC90 Demo models. What do you all think? Should i consider? Is there anything that I should be aware ?

    Lastly I heard that Volvo did a recall to fix a sunroof bug and see in other review people complaining about screen freeze.

    I love the XC90, i want one but felt disappointed when learned some bad reviews. Not so confident anymore if this is the best buy..... looking at review from Audi or Mercedes it's all good.

    I mean i don't want to pay for a very expensive car and then be disappointed. What you guys are hearing from people who bought the XC90...any major complains?

    Any thoughts?
  • miketochomiketocho Member Posts: 2
    Hi All,

    Looking for MF and residual on the 2016 T6 AWD Momentum (perhaps with Momentum Plus package) in NYC. If 2017 model year is different in the same configuration, please let me know the numbers for that year as well. Can you please provide 36/10K, 39/10K, 36/12K and 39/12K options.

    Also, what discounts off MSRP are people able to negotiate for 2016 cars that are still on dealer's lots? Are there any current incentives/dealer rebates going on?

    Thank you.
  • kyfdxkyfdx Moderator Posts: 236,681
    miketocho said:

    Hi All,

    Looking for MF and residual on the 2016 T6 AWD Momentum (perhaps with Momentum Plus package) in NYC. If 2017 model year is different in the same configuration, please let me know the numbers for that year as well. Can you please provide 36/10K, 39/10K, 36/12K and 39/12K options.

    Also, what discounts off MSRP are people able to negotiate for 2016 cars that are still on dealer's lots? Are there any current incentives/dealer rebates going on?

    Thank you.

    .00061 MF and 57%/56% for 36 months
    .00069 MF and 56%/55% for 39 months.
    No incentives

    Ask 2017 questions here, please:
    http://forums.edmunds.com/discussion/41974/volvo/xc90/2017-volvo-xc90-lease-questions#latest

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  • skylanderbcskylanderbc Member Posts: 8

    Hi all, I was hopping to get some inputs from you....I learned that some dealerships are offering good discounts on their XC90 Demo models. What do you all think? Should i consider? Is there anything that I should be aware ?

    Lastly I heard that Volvo did a recall to fix a sunroof bug and see in other review people complaining about screen freeze.

    I love the XC90, i want one but felt disappointed when learned some bad reviews. Not so confident anymore if this is the best buy..... looking at review from Audi or Mercedes it's all good.

    I mean i don't want to pay for a very expensive car and then be disappointed. What you guys are hearing from people who bought the XC90...any major complains?

    Any thoughts?

    I have had mine for 2 months now and fingers crossed no issues whatsoever. I love driving it and its the best looking SUV out there. Living in SoCal I see so many BMW X5's, GLE's and Range Rovers, they might as well be high volume Camrys and Accords. The Q7 was my initial choice and my neighbors just bought the new one and I just cant get past how bad the new one looks. Audi has gone lazy IMO. On the road everytime I see an XC90 it stands out. The only other SUV in the market right now that turns my head is the Jaguar F-Pace. If you are worried about issues, I would just wait for the MY17 XC90.
  • toddlerdadtoddlerdad Member Posts: 11
    does Volvo have a 36 month/7.5K lease? How about 24 month or 30 month?
    interested in XC90 T6 inscription AWD
    thank you
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