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2018 XC90 lease

jacson07jacson07 Member Posts: 8
edited December 2017 in Volvo
can you let me know what MF is for GA and if there are more incentives.
39/12k
Quoted MF .00104
$3k Volvo holiday incentive
2018 R Design T6
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Answers

  • kyfdxkyfdx Moderator Posts: 275,394
    edited December 2017
    jacson07 said:

    can you let me know what MF is for GA and if there are more incentives.
    39/12k
    Quoted MF .00104
    $3k Volvo holiday incentive
    2018 R Design T6

    .00104 MF and 55% residual
    $3000 HSE Allowance

    The tax rules for leases in GA change with the new year. I certainly wouldn't lease until after January 1

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  • jacson07jacson07 Member Posts: 8
    Thank you for the information. I saw that tax change memo while doing the research over the weekend. Good thing Volvo has incentives last until 1/2/18. Dealer grumbling they are not sure how competitive they will be after 12/31/17. Just got deal summary. Can you give me your thoughts?

    Invoice $62477
    MSRP $65905
    Discount $5857
    Volvo HSE $3000
    Adjusted Price $57048
    Dealer Service Fee??? - $599
    ETR ??? - $49
    License/Title Fee - $39
    Acquisition Fee - $695
    GA Lemon Law - $3
    Total - $58433

    36/12 - Zero Down - $724/Month
    39/12 - Zero Down - $708/Month
  • kyfdxkyfdx Moderator Posts: 275,394
    jacson07 said:

    Thank you for the information. I saw that tax change memo while doing the research over the weekend. Good thing Volvo has incentives last until 1/2/18. Dealer grumbling they are not sure how competitive they will be after 12/31/17. Just got deal summary. Can you give me your thoughts?

    Invoice $62477
    MSRP $65905
    Discount $5857
    Volvo HSE $3000
    Adjusted Price $57048
    Dealer Service Fee??? - $599
    ETR ??? - $49
    License/Title Fee - $39
    Acquisition Fee - $695
    GA Lemon Law - $3
    Total - $58433

    36/12 - Zero Down - $724/Month
    39/12 - Zero Down - $708/Month

    Dealer service fee is a garbage fee. Sad to say, $599 (or higher) is typical for GA. You have to consider that part of your adjusted price.

    .00104 MF and 55% residual for 39/12 gives me a payment of $667/mo.+tax, with just first payment due at signing? Does their price include tax? And, if it does, current tax, or 2018 tax? If it doesn't include tax, then they are likely marking up the money factor.

    Ask them for the money factor and residual used.

    The current program runs through January 2nd. Believe me, their deal won't change before then.

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  • jacson07jacson07 Member Posts: 8
    Thank you for your help. No first payment and does not include taxes. I've request the money factor and residuals they are using and found they have a transport fee of $800 which would bump total to $59433. 
  • kyfdxkyfdx Moderator Posts: 275,394
    jacson07 said:

    Thank you for your help. No first payment and does not include taxes. I've request the money factor and residuals they are using and found they have a transport fee of $800 which would bump total to $59433. 

    Transport fee? What's that for? Do they have to dealer trade to get the unit you want?

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  • jacson07jacson07 Member Posts: 8
    Yes, they want to charge me to ship from another dealer in Florida. I think I'll offer to pick it up.
  • jacson07jacson07 Member Posts: 8
    They gave me requested information - 55% RV and 0.00104 MF.
  • kyfdxkyfdx Moderator Posts: 275,394
    jacson07 said:

    They gave me requested information - 55% RV and 0.00104 MF.

    The numbers don't quite add up. Even if you add $800 for transport.

    I'd try to find a dealer that had the car I want in stock.

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  • jacson07jacson07 Member Posts: 8
    I agree. I've asked them to share their calculations with me. We'll see if they do. I'll start looking at other dealers. Thank you for all your help. You guys are great!
  • wntlandrvrwntlandrvr Member Posts: 29
    Hi Can you give me residual and mf for 2018 xc60 t5 in california
  • MichaellMichaell Moderator Posts: 270,571
    wntlandrvr said:

    Hi Can you give me residual and mf for 2018 xc60 t5 in california

    This is the XC90 lease thread; the 2018 XC60 thread is here:

    https://forums.edmunds.com/discussion/46421/volvo/xc60/2018-volvo-xc60-lease-deals-and-prices#latest

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