2024 XC60 Recharge Ultimate Questions AZ (Warning: NEWBIE)

Ask the Hackrs
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Brand new to leasing world—looking a lease before year-end. My questions are based on mostly hypotheticals, so bear with me. I’m going to present what I envision being the worst care scenario, so I have a better understanding what’s potentially in front of me.

Please see enclosed calculator.

  1. This vehicle is a demo/loaner and I do not know the mileage at this point (guessed at 1,500).
  2. I’ve entered the MSRP as a baseline. From your experiences, what would you be offering as a sales price?
  3. Trade-in value is a conservative amount.
  4. It would be a 36/12K term.

Any guidance, criticisms, recommended purchase price is highly appreciated. Been a member for about a week and this forum is a great resource. Thanks in advance…

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The 24 month term is substantially better on the T8s. Also, you’d have to check Ratefindr in your region, but in my area 2025s have much improved programs over 2024.

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Don’t trade in your current car. Sell it separately to CarMax, CarGurus, etc. Always best to keep it as a separate transaction.

I’m sending you a leasing basics guide I put together. It will help you put together an email to send to dealerships.

Finally, spend the $15 and become super supporter here. It will help you tremendously with the calculator.

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I’m in AZ too considering the same car! @BigLebowski Would you please send me the same dealer email you mentioned above? Much appreciated.

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Forget about loaners for the moment. What’s your target on a brand new one? Refer to Marketplace and Signed Deals & Tips

Why conservative trade value? Don’t trade unless they match the best offer from the usual suspects.

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