bmkj
September 6, 2019, 5:18pm
1
Just signed.
2019 Volvo XC60 T6 Momentum AWD
Premium Package
Multimedia Package
Leather
Heated Rear Seats/ Heated Steering Wheel
20" Wheels
MSRP - $54,690
36 months/ 10,000mi/yr
All taxes/MV Fees/ Dealer Fees and Lease Fees rolled in
First Payment only Due at Signing. No MSD’s
$515
1 Like
AGN
September 6, 2019, 6:20pm
2
Enjoy the ride, my friend! Next time check on here first before signing. Does not look good even if you omitted to disclose the selling price.
Fun car though! Cheers…
1 Like
bmkj
September 6, 2019, 6:31pm
3
Don’t have the paperwork with me but I do remember the selling price was approximately $44,800. Cap cost with all fees and taxes was $47+
I did check here first and thought the deal compared well with what I saw. I am interested to know where you think there is room for improvement other than using MSD’s?
AGN
September 6, 2019, 6:45pm
4
Having all the numbers will definitely help us gauge the deal. For instance, dealer discount and incentives, if that monthly payment includes tax etc.
I’m flying blind right now
bmkj
September 6, 2019, 6:51pm
5
Will check paperwork when I get home, but yes the payment included all sales tax, motor vehicle fees, lease fee, dealer fees etc. $515 DAS and 35 more payments of $515. I also remember the residual was 58% which was $31,720.
With the taxes and fees rolled in I don’t think this is too far behind what our brokers could have done.
vhooloo
September 6, 2019, 7:09pm
7
I second that. With NJ taxes and fees rolled in, looks good. But why no MSDs – that’s the low hanging lease hacking fruit…
itmllc
September 7, 2019, 12:56am
8
PLEASE HELP
Would anyone mind chiming in on this deal I was just offered and offer any advise on where I could save and counter them
2019 XC60 T6 R-Design w/ Polestar & Air Suspension
15k Miles per year / 36 Months
$62,000 MSRP
Sale Price - 52,398
Residual - 53%
Factor - .00089
Acquisition - $995
Dealer Fee, Reg, Title - $872.95
Tax $1783.25
Picture of offer is below
mllcb42
September 7, 2019, 1:08am
10
You need to find out what rebates/incentives are included in that discount to know how much negotiating is possible.
itmllc
September 7, 2019, 1:16am
11
6500 rebate and I believe that’s it
mllcb42
September 7, 2019, 1:20am
12
You’re at 5% pre-incentive rebate. On a 19, you want to be targeting 10-12%, so you need to take another 3-4k off.
Doing MSDs will save you a bunch of money as well.
2 Likes
itmllc
September 7, 2019, 1:22am
13
Ok that’s what I figured, so I should be at $49,000 as the sale price correct?
Does everything else look ok? Residual percentage, etc??
I just started reading on the MSD, from what I understand it’s like cash in escrow correct?
mllcb42
September 7, 2019, 1:30am
14
49 would be a good price.
You’ll need to verify with Edmunds the mf/rv for your area.
MSDs are basically money in escrow to buy down the interest rate. Probably save you around $2k over the life of the lease.
1 Like
itmllc
September 7, 2019, 1:31am
15
Appreciate the info, I have to give them a counter offer tomorrow. I really liked the car but I need to get a good deal. Thanks so much for the info
adk
September 7, 2019, 2:29am
17
1 Like
aronchi
September 7, 2019, 2:33am
18
why don’t you just look at the pre-baked deal i have posted on the same exact car for $200 a month less?
3 Likes
adk
September 7, 2019, 2:40am
19
and local to the tri-state…
aronchi
September 7, 2019, 2:40am
20
haha imagine it was at one of the dealerships i use??
itmllc
September 7, 2019, 2:42am
21
I believe I was looking at your deal page, or was led there by a link. Would you lower the sales price to 49k? Also what colors do you have available. Feel free to DM me