Seems to me that they are basically selling it at MSRP and applying the following incentives:
7500 EV credit
1000 Lease credit
2000 Costco discount
3250 lease allowance
I am also a AMA member so that should add $2000 which I realized after I used the Rate Finder calculator. I also work for a company which is part of the A Plan, but not sure if that can stack.
I am so new to all of this, and it does seem inventory for this model is not as plentiful as the other trims. This particular model would have to come from Alabama, and the dealer said they would âcover the costâ of delivery, but Iâm sure they just baked that into their calculations
Firstly, wondering about this deal and I am sure based on what I am seeing from others, there is definitely room to improve the numbers. And second, with the inventory issue and given that we are in a time crunch (we need the larger vehicle ASAP for multitude of reasons), is a broker a better way to go? I do know there are other dealers in the area and have reached out to see their inventory as well.
Welcome to the community! Most of us started where you are and many of us are still learning. As it appears that you have already learnt, never a good idea to ask the dealer to give you a quote without telling them what you are looking for. There is a wealth of information here on this forum that will give you info on what other members have paid for this vehicle in the recent past. Always negotiate for the best selling price before disclosing to the dealer what incentives you would qualify for. And finally, do not bring in your trade-in at this stage of initial negotiation.
And to answer your last point - if time is an issue, absolutely a good idea to use a broker from this forum. For my last 2 deals, I did one on my own and used a broker from here for the other. Donât regret either of those methods. The first one was fun and a great learning experience, but also required investment of time. On the one I used a broker for, the convenience was unbeatable. It was a small price to pay for the time saved.
I honestly donât know where to start, itâs so bad. What I do know is spending $500-$600 for a broker on here will realize you a 15x return on that broker fee and countless hours of your time relative to your bid above.
You can still learn to DIY this for your next lease. Know your target and make offers remotely. The kind of pre-incentive discount youâll see in Signed Deals & Tips is going to be accepted by maybe sub 5% of dealers so expect to make 20+ offers. That takes time.
But spend $5.00 right now on putting up an ad on Craigslist for your trade for $12,500 firm. It will either be the easiest net $1,500 you ever made or youâll at least feel better about the trade-in value for very little investment.
I just sent you a leasing basics sheet I put together, which will help you. Walk away from this dealer, send the deal youâve come up with to another dealer, and then keep sending it to other dealers until one bites.
- @ashilg As a prospective customer, you always want make the transaction as effortless as possible for the dealer.
Another piece of advice (not directed at anyone) - Be upfront about your credit score and income. I awalys tell dealers what my score is, and let them know I am ready to fill a credit app if they agree to my numbers, It shows I am a serious buyer.
Hi, about to sign a deal for 2025 xc90 t8 recharge ultra using a broker on this forum. Finance guy from Volvo is asking if we want to do the âsafe leaseâ program for $1000 add on. I am planning 24 month/12K miles lease. I am always worried about these add-ons. This would cover all from excess wear and tear charges including tires at the end of the lease. Up to $7500. I am placing $5000 MSD. I only think this may be worth it if by end of lease they say we need 4 tires as the cost will likely even out or even make out ahead. But just wanted the thoughts from those more experienced. Thanks in advance!!
Edited to add: no idea if we will lease another Volvo or buy the vehicle as I know then the dealer would likely absorb the cost of damages.
Hard pass. Youâll either not need tires or can plan ahead 18m from now and opportunistically buy new tires on sale at Costco, tire rack, etc. in the following six month period.
Anyone who generates excess wear and tear within 24 months should just give up their license.
- 