2022 Volvo XC60 B5 Momentum Lease Deal Check NY/NJ

Ask the Hackrs
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1

Hello - Got a lease quote for a custom order Volvo XC60 B5 Momentum with:

  • Metalic paint
  • Advanced package
  • Leather interior
  • Harmon Kardon spakers
  • Power tailgate

10k miles, 36 months - All-in, including taxes and fees:
$660 per month with $3,500 due at signing.

MSRP of $51,640, residual value 57%. I asked him the MF and he said it was .0012.
To be registered in NJ where tax rate is 6.625%, but dealer is in NY.

I was trying to tie all these numbers together in leasehackr calculator but couldn’t get it to match the money factor.

Seems like a good deal? or am I missing something? I really wanted momentum + advanced package + leather and willing to wait a couple months for an order.

volvo xc60 lease terms
volvo xc60 lease terms1179×1143 343 KB

2

What’s the selling price? Is that buy rate? Why is he showing an amount das plus more for first month and plates?

3

Selling price is same as MSRP of $51,640. Buy rate (money factor) I’m told is .0012 (2.88% apr). Ah, I think it means $3,500 due at signing plus 1st month payment of $660 plus NJ plate fee (He needs to confirm what NJ fees are as he’s in NY). I suppose it’s really $4,160 ($3,500 + $660) due at signing plus 35 months of $660 plus NJ plate fee.

4

He can’t give you any real quote if you are ordering. MF/RV/Incentives (haha) change. Also, I’m pretty sure it’s possible to negotiate some discount off MSRP for an order.

5

Thanks for the tip. Seems like ordering one is quite a bit cheaper than trying to get one off a lot. Ive received some outrageous quotes from other dealers.

6

Check this page: Car Prices Paid - Real, Actual Discounts You Can Get on Any New Make or Model

7

I call BS on 8% off RS6 avants. 10k off G wagons at any time is a pipe dream.

8

Negatives is markup.

9

Lol, feel silly, but still feels very low. 10k markup on a g550 is astounding.

10

That realcaetips website is consistently full of bad information

11

incorrect. volvo progs now lock for i believe 60 or 90 days on an order.

12

Thanks for sharing! Looks like realcartips.com includes incentives and rebates, which means loyalty rebates of 1-2k off if you’re already driving the same make (that may be skewing things a bit).

13

3 years off the market matter. Good for customers, but does Volvo deliver in 60 days?

14

Wouldn’t this be cheaper at a MD dealer given they seemingly have $500 in additional incentive?

15

Is there one in particular you’d recommend?

16

Pretty sure I’ve seen all of them posted here previously. Likely wouldn’t hurt to contact them all.