Can you guys please comment if this is a good deal. Numbers given by dealer in
so cal. Also the MF looks a little high to me. I could take the MSD to get it down as per the dealer. $5K discount includes the 1500$ sommersale discount. Do i have room for more negotiation?
For a 36 Month Lease:
MSRP $62,540
Dealer discounts $5,000 + Rebates $4,250 (Costco and Conquest)= $9,250 total savings
1K drive off, on a 36 month lease, at 10K miles per year brings your monthly payment to $691.26 plus tax or $755.20 total.
Money Factor: .00152
Residual: .56
Net Cap Cost $54,982.45
For a 24 month lease:
MSRP $62,540
Dealer discounts $5,000 + Rebates $4,250 (Costco and Conquest)= $9,250 total savings
1K drive off, on a 24 month lease, at 7,500 miles per year brings your monthly payment to $771.06 plus tax or $842.38 total.
Money Factor: .00152
Residual: .64
Net Cap Cost $55,062.25
I get it now. I put in the 36/10k numbers in the calculator and got the below numbers. Is this a good deal. If not where can I negotiate with the dealer? as he is already giving a 12% discount
Monthly Payment (Excl. Tax): $712
Monthly Payment (incl. tax): $776
Drive-Off: $1,263
1st month payment: $776
Down payment: $0
Registration and doc fee: $480
Tax on cap cost reduction and fees: $7
Leasehackr Score: 7.2 years
Disposition Fee: $350
Total Lease Cost: $28,362
No, it is not a good deal. Read the other XC90 threads. Where is the 12% discount you are getting? I thought you said they were discounting $5k off an MSRP of $62540?