Fellow hackers,
Below is what I have as an offer from a So.Cal dealership:
2025 XC90 Plug-In Hybrid Plus
MSRP: 76765
12% off MSRP
Available Incentives: $7500 EV, $3500 Volvo Lease Allowance, and $2000 Costco.
24 months /12,000 miles per year.
Total drive off (or DAS) $3000.
Monthly: $440 including tax.
Can you check if this is a good deal and if I am missing anything?
Here is the calculation (though not so accurate. I must be missing something): CALCULATOR | LEASEHACKR
12% off a 2025 with base MF is a great deal. I’d be signing today. But it looks like your calc is missing dealer fees, are you sure you’re getting 12% off? Even with a dealer fee of ~$800 though, it’s still an ~11% deal which is really good for this car.
If you’re willing to do MSDs you can lower that money factor and save even more.
Thank you. Do you know the residual value on a 24 months 10,000 miles?
You can use the calculator to automatically make that adjustment. In most cases 7.5k to 10k is -1%. Same for 10k to 12k. Then -2% for 12k to 15k.
Also if it’s a true $440 with $3,000 DAS either the dealer has a very low doc fee or you’re doing much better than 12% off. Are you certain your tax rate is 10%?
Yes, tax is 10% or 10.5%
That’s a really good deal my friend.
This isn’t my deal, OP is getting 12% off a 2025. My deal was almost 15% off a 2024 loaner. Dealer has none left but they’re still some out there.