Has anyone else discovered a legitimate discrepancy between the LH Calculator and the lease rent charge with any of the major manufacturers?
Specifically, in my circumstance, there seems to be an $8-10 monthly difference between the LH Calculator rate and the numbers provided by Volvo financial when the general manager enters our proposed deal.
The GM made note that he has worked with other LH forum members and routinely ran into this issue.
I have no reason to believe he is trying to pull a fast one on me. It is a reputable dealer and the buyrate/MF is accurate, but ultimately his program calculates a different rate from Volvo financial.
Since I am providing zero benefit to this thread, I’m going to guess your Volvo sales rep has buried some $300 nitrogen filled aftermarkets in the lease.
A. Taxes, fees, first month and $225 down to reduce my MSD from $6000 - $5500.
B. First month only, plus full MSD. However, capitalizing all the fees hurts based on this months MF rate.
In either scenario he insisted that his program was producing a higher monthly and needed an additional $250 down to match the LH calculator. I don’t have an actual breakdown from the dealer just yet, but I provided him links to the leasehackr calculator and he insists the rent charge is higher from Volvo financial.
When I hear back from him I will ask for same, but just wanted to open a general inquiry to see if anyone else ran into the same scenario.
I would say the same, but this dealer has no add-ons or additional garbage fees. I am also working directly with the GM and he is familiar with LH, brokers in the area and I see no reason he would try and sneak in $250 and blow up this deal. However, I have also leased from numerous manufacturers and never had a problem matching the calculator… so this did raise a red flag.
That was going to be my other argument… why would Volvo brokers utilize the LH calculator if their client is going to run into this discrepancy at the dealership…
Your Volvo rep can’t take a screenshot of their “blue screen”? You’ll need to make sure key lease assumptions are the same (eg cap costs, MF, taxes/fees, etc).
Personally, I had an experience where a local BMW dealership was doing some weird-azz crap where the BMW-FS lease cap-cost was $800 than the total of what I thought was capitalizing… since they buried some aftermarkets in there that weren’t on the Monroney or on anything we had ever discussed. I would have zero way of seeing those aftermarkets without seeing a print-out that the sales manager handed me in the showroom.
