Deal Check: 2024 XC60 PHEV T8 Plus Dark

Good afternoon! My Audi Q5 was declared a total loss, so I’m out trying to lease a new car. Looking at this 2024 XC60, it feels like a horrible deal. Terms below. I’m in Cook County so taxes are essentially doubled for a lease (from what I understand). Would appreciate any advice to help me better negotiate! Attaching customer disclosure I received from Volvo. Highlights below:

MSRP: 66,645
Sale Price $62,645 (Discount of 6%)
Residual: 57%
MF: .00295 (feels high for excellent credit)
Lease Structure: 36/10
Total Payment: $944.58
DAS: $2,070.58

You’re correct. It’s a horrible deal. You can get a fully loaded XC90 for less than that.

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LOL! Yeah, I figured. Especially when looking through some of these deals that I’m seeing posted by brokers in the area.Hoping to get some pointers on how to make it better.

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