Would appreciate some feedback on this potential deal:
2024 Volvo XC90 AWD Ultimate Bright 7-Seater
MSRP $73,230
Selling Price: $71,155
Affinity Bonus $500
Lease Bonus $3,000
$1500 & first payment due at signing ($2230)
Trade-in equity $7000
24 mo/10k mi
.00138 MF, 67% residual
$730 Monthly payment including tax
Somewhere in Texas! Appreciate the help!
The dealer discount seems light compared to what’s been posted recently.
Is this deal $7000 in trade equity as well as you stroking a check for $2230 at signing??? (which is $9230 DAS essentially)
Yea seems like a lot more thank when when I was looking back in August.
Are they giving you tax credits?
Yes $9230, that’s actually my concern… and no tax credits.
I would target a 9% discount before lease cash.
You are at a 3% discount
Effective $1084 a month, seems awful to me
Did you ask dealer if tax credits were available? They don’t always automatically apply them if they are available unless you ask.
If you can’t do better locally then you may be better to go with a broker and pay shipping. Seems like you’d still be ahead. I’m in TX as well.
I was told no tax credits currently. It’s very frustrating.
Without tax credits, leasing in Texas doesn’t make a whole lot of sense
Call every dealer in Texas until you can find tax credits. They’re out there evidently
Have there been any TX deals posted in September that include tax credits? Not trying to be a smarta$$ but I don’t recall seeing any.
I’ve inquired at two of the local DFW Volvo dealers about tax credits and have been told they are not offering those right now.
That TX sales tax always adds a lot of money back into the payment.
Need some help here guys! sorry couldn’t create new post due to an error.
Planning to upgrade from my current 2019 XC40(R-Design,56000 miles, all upgrades) to XC90 Recharge with all Upgrades.
Below is the offer from the dealer. Please share your thoughts if I should go with this deal.
MSRP of the XC90 is $88,715
Selling price of the vehicle is $75,115 (88715 - 7,500 fed credit - 6,100 dealer discount)
Minus your $3000 (2k volvo rebate & 1k loyalty) rebate, that means that your total discount is $16,600.
For your XC40 you are getting $21,725, including your tax savings, minus the amount you owe(4.5k).
If you would like to put your trade down (21,725-4,500-1500 =15,725) your monthly payment will be $517.76 plus your plates. 0$down, for 7500 miles, 24 months.
shoot for a dealer discount of 8800 or so. There is a fair bit of meat left on the bone.
take a check back for the equity on your trade do not use it as a down payment
Sure will try.
Why do you think i should take a check on the trade in? I have heard this somewhere else too.
if you get into a crash and total your new car, the money you put down, aka trade equity is gone forever
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