MF: [0.00001]
Residual: [51% for 36, *56% for 30, 58% for 24]
Security Deposit: [$0]
Total Due At Signing: [not 100% sure, said it’s “only first payment, does not include any registration”]
Monthly Payment (incl. tax) for 36m/10k [$513]
Monthly Payment (incl. tax) for 24m/10k [$532]
Tax 6.25%
Also get a separate $2.5k payment for my current BMW lease that ends next year
I just negotiated this offer (my 2nd lease ever) for a 2.1k mile manager (unregistered) 2018 S90 T6 Inscription and wanted to see if I’m getting a good deal. Seen higher discounts off MSRP here. Was told by the dealer that Volvo doesn’t do 30 month leases (*), but I’ve seen it (it would lower the monthly payment more as it gets %56 RV according to Edmunds). Need to decide quickly. Should I jump on it or wait?
Go to Volvo site, build any S90 and then go to payment estimator. You will see all terms. 10% off on a loaner is too low. Also, people say 3k A plan cannot be used on loaners.
It’s the dealership owner’s manager car, not a loaner and as such, A-Plan does apply. Was told that his net price was $59,284. I did go to the site and you can do 30 months. Havent found a better deal that also includes separate lease relief
Ask them for carfax and I bet you will see it registered as a rental or such. Same as loaner. But its a gray area and I think some dealers still apply it.
I just ran a Carfax, it says “this is a new car”. Doesn’t show a registration or previous owner. I believe it’s similar to BMW’s Manager demos vs loaners.
You are missing the point, buddy. You don’t need to know about every car to understand that a “new” or loaner car with 2,100 miles should have bigger discount than a new car with no extra mileage.
Yes and no. There are tons of dealer courtesy cars that are used as loaners with a dealer tag. Making it a new car still. As far as Volvo S90 discounts, I have no clue. Costco is only $4k off, so 6600 seems alright to me. What it come down to is the monthly payment. They can take 20% off the MSRP and get you on the rear of the deal. Shop 3 dealers, read threads (remember different areas lease WAY different) and balance your deal based on information you’ve researched
I doubt a manager would be driving around for 2-4 month with dealer’s “demo” tags, but possible. Loaners have normal plates and are registered as rental. They are “new” cars for leasing purposes, but technically the same as a used car with 2,100 miles on it.
There is no Costco this month and when there was - it was $3K, not $4K. It doesn’t make it a great deal because $6,600 seems alright to you.
I won’t even comment on the total nonsense about getting someone “on the rear of the deal” after one gets a good deal.
I know, that was my target (12-15%), but the dealer says his cost is $59284. Doesn’t look like he’s willing to budge. Then again, for some reason, they’re lying on the non-availability of 30 month leases. If it doesn’t work out, I might wait for a deal on the more alluring V90 (regular or CC).
Do you even own a car? Cars are driven for months with dealer plates. At least in Florida. Dealers have a doezen cars with 2000-4500 miles and are sold as new 1st owner… now when it’s a “rental” yes it’s sold as preowned.
Yes you highlighted someone wouldn’t drive around with a dealer tag for 2-4 months. But they do it all the time. It’s not a “demo” tag it’s a licensed and insured dealer tag.
As far as the discount I never said anything about. I said it’s a monthly payment thing. Doesn’t matter how much off MSRP is if they up the fees and MF. ALL numbers come into play on a lease. It’s still the same residual. Now if you purchase to own, fuck yeah you want every dollar off MSRP
Who are you, sorry? I know @nyclife got 12-14% off on non-loaners for his clients. Getting extra 2% (1.5k in this case) should not be that hard on a loaner, but not every dealer may do it.
