Socal deal check: I am new to this whole lease hackr world. When I input my numbers I am not close. Can someone help my out with this? Dealer claims the sell price is $48640. MF .00179 Residual 49%.
I am going for a 36 month; 12k annual deal with 0 drive off. My zip is 92630.
Let me know if $792 a month is close. My calculations had it at $533. Thanks for the help!
NGlease.pdf (852.2 KB)
Do not sign this 
@Omegaautogroup and @Benedetto should be able to help you save some mone
Thank you for the recommendation. I knew the deal was not good right away. I am just trying to get some help in inputing the numbers. If some could use my numbers and let me know what i should be paying monthly I would greatly appreciate it.
I think their adding your ev incentive into the discount. So your actual discount is minimal.
What is the most effective way to calculate the $7500 Fed EV rebate and $2500 Costco rebate into an offer? Is a sub $600 monthly lease possible with 0 drive off (aside from first lease payment) on a 36 month 12k annual miles using .00179 money factor and 49% residual ?
If so what would have to offer to make that happen? Thanks for the help!
Post your calculator link.
Residual is 49%??
Post your link to how you got 533 a month
Is the ultimate a trim a must have? Plus trim is likely the way to go
I must have messed up some input when I factored in the $7500 EV rebate and $2500 Costco. I am still learning how to use the calculalor 
Here is my probably inaccurate $532 deal. Let me know what I am doing wrong: CALCULATOR | LEASEHACKR
So the actual discount you have is like 3500. Your rebates are 10k. In your link you gave yourself a 10k discount which isn’t what the dealers doing and then you added 7500 extra to the rebate section
If you were to pay a broker which would likely have a 500 dollar fee(100% worth it) you would save thousands over the next 36 months
Thank for the assistance! If I do $10,000 in taxed incentives ($7500 Fed EV + $2500 Costco) what do you think would a reasonable ask in the “Selling Price”? I know thats the $1,000,000 question that I need to figure out by calling the dealers but I want to try to get in the ballpark on price. Do you think $52,565 (13.75 off MSRP) would work? Is it common practice for people to submit a lease calculator share to a dealer to get the numbers right?
I reworked the calculator based on what you told me and tried to reduce the Selling Price to lower amount to get $600 monthly: CALCULATOR | LEASEHACKR
Based on the hassle I am starting to see the value of the brokers. Anyone besides Omega that you would recommend on something like this? Thanks!
@Benedetto does west coast too.
Dealer is fleecing you. 800 for a xc40 is insane
Agreed! $800 is terrible. I sent a DM to @Benedetto. Thanks for the recommendation.
A lit nit…61640 is your MSRP from original PDF and you’re not using that in your calcs…
The monthly payment amount is not the real focus…you need to focus on selling price and getting base MF then it is just a function of the program/term math. And a LOT of lease program/terms stink right now so you can’t really defeat the math to get a payment you may want. So you may need to look for a cheaper car, etc. Or a different model of this with better MF and RV numbers. 49% is pretty brutal.
Got an offer from another dealer:
MSRP: $60,945. Discount: $13,500. (includes Costco + Volvo incentives) requires Costco PIN
Driveoff only $1,600. Monthly pymt: $715. (includes tax)
Residual (36-months) = $29,864.
Money Factor: $.00179
Initial thoughts are wondering what the dealer is doing aside from Fed EV $7500 and $2500 Costco. Not sure where the other $3500 discount is coming from.
Anyone care to share your thoughts on this? Good or bad?
I think it looks like this is the calculator but I suck at the LH calculator. Feel free to correct me if I am wrong: CALCULATOR | LEASEHACKR
This is still nasty 
Doing the same thing over and over again while expecting different results is a definition of insanity.
Construct your target deal first, then move to making offers.
Just get a C40. XC40 leases like garbage.
Go test drive Hyundai Ioniq 5 if you don’t mind. I tested drove Jeep GC 4XE and Nissan Ariya. Ioniq 5 by far had the best impression on me amongst the 3. I was going to test drive Mustang Mach-E as well but Ford dealers wouldn’t pass along $7500 EV rebate on lease while Hyundai issues rebates that is about $10K. Thought about the XC40 too because I do qualify for Costco discount, but the online reviews were merely good but not great when comparing to other EVs.
My previous cars were BOLT Premier and Volt LT.
