Volvo allowance is generally direct to dealer, so the $3750 would be an untaxed incentive as it gets rolled directly into the selling price on the contract.
Having current, accurate information for residual value, money factor, and incentives is important in understanding your deal. As such, going directly to a source that has access to that data from the captive banks is your best option. The forums at Edmunds are where we go to get that information, as they have direct access to it from the captive banks. You’ll want to post in the model specific thread for the vehicle you’re interested in and request the most current numbers for your zip code. It is often easiest to find that thread by searching Google for “Edmunds lease” followed by the model of vehicle you’re interested in.
I believe I actually got a good deal.
I ended up maxing out my MSD’s to lower my MF.
This dealer also bought out my lease end on my Range Rover Velar. I got $4600 in equity which I put towards the due at signing and the rest towards my MSD.
In this market after looking at Hyundai, Kia, and Suburu’s, in which the markup was too insane to Lease, or no inventory at all. Volvo still has a decent inventory therefore still dealer discounts and incentives.
I’m super happy with my lease. I think in this market, I actually got a great deal.
