Hi Everyone, Could you please help me decide if this is a good deal?
2019 Volvo XC90 T6 AWD Momentum with Advance Package and Protection Premier.
MSRP: 62,030
Sale Price: 54,830
MF: 0.00133
Residual Value: 35,997.40
Down payment: 0
Monthly: 699.18 /39 Months/12K miles
Virginia Sales Tax and Registration. A Plan incentive added.
Thank you for the help!
You can do better without a-plan if you get 8% off or more before incentives. That is if a-plan at invoice is still enforced.
And do MSDs with this MF.
Looking at the other XC90 threads the price seems decent. Not a lot of killer deals in 2018. Probably a bit more wiggle room but not a ton.
I looked at XC90s last year when I was searching for a family SUV and deals were a touch better. However, I couldn’t justify it with the VA annual car tax. Figured I would be paying about 6k over the life of lease in annual tax in addition to the 4.15% at sale. I had some regret about my decision since XC90 was such a nice car but having just got my personal property tax bill makes me feel a bit better about my MDX.
The only positive is that Volvo values drop like a stone which makes property tax more tolerable. I pay about the same on my 2016 S60 and Forester with 42.5k and 35.5k sticker respectively 
For Virginians, Volvo and Infiniti are great brands to lease. Residuals that have little relationship to reality. Makes Subaru and Honda less appealing though.
That’s why I lease Volvos and buy Subarus 
Well, not really, but it does make sense to do it this way.
BTW, spoke with VCFS about my payoff being $1,400 higher than RV + remaining payments. They said it is due to the estimated property tax. Which should be around $500 or less for this year. So we can’t trust Volvo’s payoff shown in the account.