Deal Check0 Volvo XC90 Plug In Hybrid

Hi all- new to the forum. Currently looking at lease opportunities for the Volvo XC90 plus in hybrid as well as the Jeep Wagoneer. Leaning towards the XC90 and my wife has negotiated the following:

MSRP: $82,365

Sales Price: $76,247 (7.5% off MSRP)

Gross cap cost: $81,745 (with govt fees, proc/doc fees, capitalized taxes and acquisition fee)

We are trading in a BMW X7 for which we would get $47,000 but still owe $51,000, so negative $4K in trade equity (we did a BMW Select Financing Purchase 3 years ago that has the reduced payments upfront and the balloon payment at the end- regret doing that in hindsight)

$8,500 rebates

Net Cap Cost $75,413

MF: .00296
Residual Value: 54%
No Money Down

Payment: $1,218

Is it better than the marketplace?

It’s far worse, but there’s a trade involved. OP - text me at 732-779-2587. I can look at the trade for you and do a lot better on the deal overall.

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