After many phone calls and emails, ended up with 8.6 percent pre-incentives. Then I visited three dealerships to see if being in person I could shave off a few more points. One was willing to match, while the other two refused to even make an offer. I’ve read on here that 10% pre-incentive is doable on Volvos and that 12% isn’t out of the question. However, that did not seem to be the case right now on this model. The incentives are pretty generous (6,000 and up) so maybe that was the reason. Hopefully the next person to post on this model will prove me wrong. Either way I’m happy.
The federal rebate goes to the owner of the car, not the person leasing the car. The bank can decide to pass some, all, or none of it on in the form of an incentive. In this case, that’d be some of it in the lease cash.
FR is First Responder. As far as federal tax credit goes, it belongs to the lien holder. In this case, since it’s a lease the credit belongs to Volvo. While some companies have passed this credit along to lessees in the form of an incentive, Volvo does not do that. So unless you’re planning to buy the car ignore it. I hope this helps.
@lelandlizard2 I’ve only lease-hacked my i3, so pretty new to the game. My wife really wants one of these so I need to sharpen my skills (quickly). For your deal, which I think is fantastic, you show an MSRP of $69,625 and were able to get the sale price down 8.6% ($5987) to $63,637. Am I correct to assume that they didn’t use any of the incentives or discounts to get to that number?
If that is correct, then you were able to have them take off
Yes that’s correct. I got this by calling and emailing all the local dealerships (with 150 miles). On three of ten were willing to play ball. So just keep trying. Be patient. Let them call you back. Easiest thing is to go to the websites and make inquiries on specific cars. You can put your parameters in the inquiry.
I’m in the socal area too and would love score a similar priced deal for the same priced model. Just curious how far you were able to negotiate through email only with local dealers? Was curious if you tried to use truecar, off the bat they are showing average savings of 10%.
For your deal, which I think is fantastic, you show an MSRP of $69,625 and were able to get the sale price down 8.6% ($5987) to $63,637. Am I correct to assume that they didn’t use any of the incentives or discounts to get to that number?