Volvo XC90 Inscription deal - is it good?

Ask the Hackrs
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1

Hi,
I was offered the following Volvo for a 3 year lease with 10K miles per year in SoCal:
https://www.volvo-oc.com/new/Volvo/2019-Volvo-XC90-santa-ana-in-orange-county-c14cf7aa0a0e0ae71ba6c3c23424fbba.htm

MSRP is $68,380. Costs are $1560 drive off fees (including first month) and $631 + tax for the monthly payment. RV is $40,694.20.

Is it a good deal?

2

**

SC204

7h

Did you see this post? Posted today

Before finalizing decided to look at all the options. R-Design has $4000 back to dealer instead of $2000 for the Momentum, and a lower MF .00115 instead of .00148. Residual is 1% less. So I think the lower MSRP R-designs Mid 60K should lease as well as the low 60’s Momentums.

I decided to switch to an R-design
MSRP $73575
Sale price $61702 (Includes incentives)
MF .00115
Resid 60%
10K miles
36 months
NY tax 8.675% Leased portion paid up front)

All rolled in except DMV and dealer fee.

$699 / month
1st, DMV, and $399 dealer fee up front.

Changed deals to the R-design which I preferred, increased the MSRP by over 10K for $50 extra per month.

I suspect these discounts are good through the end of the month.

contact

Lee Weston

Sales Consultant

Riley Volvo Cars Stamford

P: (203) 359-2632 x3006

F: (203) 359-4280**

3

Thanks Phantom, I was looking at the R design and Momentum deals but I am specifically looking for the Inscription.

4

Inscription also has 4k on it.

5

So for the sale they took roughly $9500 from the sale price. I assume that includes the $4000

6

Then the discount is about 8%, way too low.

7

I ran it in the Volvo calculator. It amounts to a $12,000 discount (requires $9000 discount to get to my price with $4500 down and I’m putting $1500 down).

8

For my deal I think it works out to $11873 off (including the 4K)
Inscription has a higher MF.
If you are close enough to the dealer worth a call. I can find a few similar deals listed on Leasehackr but I don’t think people have been doing any better.
Good luck

Reread the thread and see you are in so-cal. Sorry not too close to CT :slight_smile:
I know every area has different numbers but I received 2 offers from same dealer and going through the numbers looks like they took about 11% off the MSRP (slightly more on the Momentum) before taking the 2 or 4K incentive off. Based on that the selling price of your car would be about $57300. By me the MF is .00144 and the residual is 59% for a 10/36 lease on the inscription. The R-Design is .00115 and 60% residual so the lease payments are better for the same MSRP.
Good luck.