Year, Make, Model: 2021 Volvo XC90 T8 Recharge Inscription 7 seater
Selling Price: $69,300 (8.2% off)
Monthly Payment: $816 + tax ($899 total)
Drive-Off Amount: $0
MSDs: 5 total ($4500)
Annual Mileage: 12,000
Adjusted MF: 0.00093
Incentives: $3750 lease cash, $500 healthcare provider pin, $1133 CA clean vehicle rebate
Region: West (So Cal)
Leasehackr Score: 7.9 years
Leasehackr Calculator Link:
Sorry, this deal isn’t for the 1%-ers
After realizing the Q8 was going to lease horribly, I put in some effort on the Volvo XC90 plug in hybrid. Started off with trying to get a deal on the 6 seated Inscription Expression but the dealer I found didn’t have one with the surround cameras that I wanted so I agreed on a 7 seated Inscription Expression at 71k. Deal agreed on and credit application applied. Then I got a call 20 minutes later saying the dealer had sold it and hadn’t updated the inventory (at first I didn’t want to believe it but the buyers were there when I signed my deal). Moved onto another 7 seater Inscription and then that was sold before I even got a quote. Deals were at about 6% off on the previous models. (All three of us were there signing at the same time in the evening)
Because of their mistake on the first deal, they were able to offer a 8.2% discount before incentives on this higher trim/MSRP for just a bit more on the monthly, and even went the distance to drop the monthly from 901 to under 900 so the MSD rounded up to 900.
Overall, very happy with the deal, given the current situation. I was able to sell our Atlas SE V6, whose lease was terminating in 4 months for $6600 over the lease payoff. Leasing this car took a lot of effort and research on every car within a 200 mile radius and making calls to close to 10 dealers. I ran my own numbers on every single trim (The XC90 T8 has a million different trims, 6 seat vs 7 seat, R line, etc). Some dealers were kind, and others would barely drop the MSRP. It may have helped that we were at the end of the month too.
Will add photos later