Deal Check: 2021 Volvo XC90

[Medbartender]

2021 Volvo XC90 Momentum T6 AWD 7 seater (advanced pkg, climate, booster seat)
36/10
MSRP: 63730
Sell price: 55730
Think it is 2000 incentive, 6000 discount, 500 affinity rebate
MF/RV: 0.00158/59%
Monthly: $530
Drive off is fees and 1st month
Downpayment is actually trade in of existing lease Honda Pilot payoff 29400 with their offer 35,300 which is slightly better than online car dealers (carvana, vroom, etc.)

What do you think? This fairly loaded momentum model has some extras we don’t really want (load bars, climate package) but is the only one with advanced package and booster seat we can find in the area and their offer for our current lease is pretty good.

[SteveB25]

It’s not advisable to put that much down on the lease. If you total the car the money’s gone. Have them cut you a check for the difference or use some of it towards MSD which you will get back at the end.

[Bluemkn57cars]

@Medbartender

Downpayment is actually trade in of existing lease Honda Pilot payoff 29400 with their offer 35,300 which is slightly better than online car dealers (carvana, vroom, etc.)

Removing the $5800 in down payment makes it a $700+/month lease.

@Medbartender

Think it is 2000 incentive, 6000 discount, 500 affinity rebate

Why not confirm what rebates are being applied to the deal instead of guessing?

@Medbartender

MF/RV: 0.00158/59%

Have you confirmed MF, RV and incentives on the Edmunds Forum?

How does your deal compare to some advertised broker deals? (Pre-incentive discount-wise)

[Medbartender]

That’s a good point. didn’t think about just applying it to MSDs. Thank you for the advice