Looking to do a 36 month lease on a 2025 Volvo XC90 Plug-in Hybrid T8 Ultra 7-Seater 4dr All-Wheel Drive, with an immediate buyout after 3 months of the lease term. The vast majority of the Rebate kicks in only for the lease option as follows:
$4,995 cash down / $912 monthly
Market Value Selling Price: 83,465.00
Discount: 5,800.00
Rebate: 13,000.00
Adjusted Price: 64,665.00
3M Protection: 395.00
Total Purchase: 65,060.00
Doc Fee: 85.00
Tax: 1,165.29
Non Tax Fee: 1,876.75
Balance: 68,187.04
Residual Value: 50,079
One question is, can I negotiate the cash down payment for the lease towards the buyout option or is this only tied to the lease? Would I be throwing money away by increasing my down-payment to lower the monthly on the lease?
That makes sense then, make sure you do your research on whether you want that XC90 hybrid long term.
As far as putting ANY money down on the lease aside from drive offs/inceptions, you could lose that money down if it gets totaled. If you are going to put money down, wait until you buy it.
With regard to that deal - if you are putting $5k down with that discount and those rebates but you are still at $912 per month then you are getting screwed. Is there markup on the sticker? What is the money factor the dealer is using?
Become a LHer Super Supporter for $10 a month and use the LH Calculator to post up your best attempt on your deal.
Are you sure this is the best vehicle choice? Volvos don’t particularly hold their value well even with normal miles. With high miles you’re going to take a bath on this at resale/trade time.
And they’re not particularly reliable either. It’s not something you can own long term post warranty without being nickel-n-dimed at best, if not some major bills.
