I think I crushed this but would love confirmation…
Deal:
The Car:
https://www.volvocarsmallofgeorgia.com/new/Volvo/2024-Volvo-XC90+Recharge+Plug-In+Hybrid-39e583080a0e081d657bf4099d2ba908.htm
MSRP: $75,865
Hybrid - $7500
Loyal - $1000
Costco - $1000
Lease Bonus - $2000
Discount - $8537
Purchase price: $54,837.48
Includes: $999 (Lease protection upsell)
License++: $197
Doc Fee: $699
Acqui Fee: $995
Taxes: $646.16
Capitalized price: $58373.64
MSD: $6500 + First Month Payment
Monthly Payment: 625.23
Started back in Nov, went in and finalized today.
Feedback? I feel like i left about $50/month on the table but still feel good about the deal. The MF is high, but the discount was pretty solid so I didn’t keep pressing.
Opinions? What did I miss?
Thanks!
1 Like
Yeah you did leave about another 1200 or so
Target should be 575 a month
I looked at your signed! But the cost doesnt make any sense for the price to be $600+/mo.
Can you explain this lease? The net cost and residual difference is only $4k +taxes, fees, protection, not getting to $600.
The MF on the Recharges is .004+ (this one ended up being .00415 I believe)
It’s a bit insane. 3110 in depreciation, 11k in interent rental charges.
If you did a down payment (not one pay) of 3k would that save you a ton?
Lol thanks. I am still not sure even at 10% how it’s racking up so much interest.
Yanoosh
December 31, 2023, 8:03pm
11
MF on the T8 is bonkers. Enjoy the car you did well as far as stacking rebates and discounts. I’d cancel the lease protection if possible.
10% of $55k ×2 is how much?
Ya I calculated it yesterday. Its just crazy.