2020 XC90 T6 Inscription 6 passenger Lease check

Ask the Hackrs
,
1

With the majority of the lease deals posted on LH being T5’s and Momentum’s, wanted to check on this T6 Inscription.

Brand new 2020 XC90 Inscription T6 AWD, 6 passenger configuration
MSRP $69,745 (advanced package, 21’ wheels, couple other odds and ends)
Sales Price $58,435
(discount includes Costco $1250, Lease Bonus $3500)
$1000 loyalty applied as a down payment
RV 54%
base MF .00068 (before MSD)
MSD’s $6500 (MF .00018)
36 month / 12k miles per year
$1550 total drive off (1st month, tags, registration)
$594+tax

Region - Southern California

2

What’s a number on discount, any markup (fees, phantom footprints whatever)?

Get anywhere close to 10%, and base right now and you’re doing just fine.

Have you priced a 7 seater, they usually lease better than 6 paxs. With ‘20 inventory as is, I wouldn’t be surprised if there aren’t any left.

3

I was working on a T6 inscription 6 seater with MSRP of 67k in SoCal. . I was able to get a deal for 3k DAS and 508/mo including tax for 36/7500. Lease cash is 3500. MF is .0068. I ended up passing but I think it was a greet deal. There are some dealers with a lot of 2020 inscriptions on the lot. You just have to research.

1 Like
4

do you know what it would have been with 12k miles?
and what month was this in?

5

its coming to about 10% discount… 7 seater is cheaper, but for the color combo and options I want, it is difficult to find… Inscription residual sucks compared to all the other trims, so it leases poorly, hence looking at a 2020 instead of 2021

6

About 550 including tax.

7

Yes all the things you said are true. 11% is good, 12% is triple net on a new car. Push for the extra percent then you’ve reached what you’ll probably get best case on a XC90.

Verify 11% is dealer discount then you’re fine, post a dealer offer sheet and I’d be happy to do so.

Also Blah blah blah verify lease cash, base mf and rv from Edmunds you know the drill.

8

I think this is your calculator. You can push for more preincentive discount.

9

effectively $618/m (compared to the effective $673/m Im getting) but the car is also almost $3k higher MSRP

10

Truthfully it took work to find a dealer to go above 9%. You have to contact a few.

11

numbers updated

also forgot to mention, doing pull ahead 6 payments.

12

I’m on the search for a T6 Inscription 6-passenger in So Cal. This info helps a lot for what I should aim for. Thanks for sharing and please let me know if you have any dealerships/salespersons to recommend!

13

Hey there! will send you the info this afternoon!

2 Likes
14

I’d appreciate that very much! :grinning:

15

looks like there is a $500 “BonusDrive” from Allstate insurance, dont have to be a customer of theirs, but they will mail you a $500 check within 60 days of purchasing/leasing a new Volvo as long as it has under 1,000 miles (so loaners probably dont qualify)

1 Like
16

Here’s my starting point after making several online inquiries:

2020 XC90 T6 Inscription, 6 Passenger
MSRP: $74,730
Costco
36 months/7.5 K
Drive offs 1,550
MSD’s 7,500
749/mo tax included

I requested all the details, so I know where to haggle, but they haven’t gotten back to me yet.

17

this is really bad… ill get you contact info later today for socal deals

edit: ok you’re msrp is pretty high so might be “okay” but the miles are very low

1 Like
18

What are your target numbers based on the current lease programs as they apply to your situation and a reasonable pre-incentive discount target based on researching past deals?

19

TBH, that’s why I’m here to ask for your opinions since my research hasn’t been extensive.

I’m aiming for a 10% pre-incentive discount. My situation is similar to OP (Costco, $3500 lease bonus in CA, 0.00068 MF, 54% residual).

I guess my target numbers also vary depending on the car I’m looking at since the MSRP ranges from $67K to $75K.

Also, I don’t drive too much so a 36mo/7,500K works for me.

20

So given this car, those programs, and 10% pre-incentive, where do you end up payment wise?