Year, Make, Model, and Trim: 2019 Volvo XC60 T8 R-Design
MSRP: $69,xxx
Monthly Payment: $638.77 (w/ 7.75 Orange County, CA Tax), $592.83 (w/out tax)
Drive-Off Amount: $3500
Months: 36
Annual Mileage: 7,500
MF: 0.0001 (I believe this is correct. Total rent charge was only $31.28)
Residual: 47% (for 10,000 miles/year, residual value would drop to 46%)
Agreed Upon Value of Vehicle: $60,175
Acquisition Fee: $995
Title Fee: $391
Registration fees: $292
Up front sales/use tax: $559.60
Eff Fee: $30.00
CA Tire Fee: $8.75
Gross Capitalized Cost: 61,255
Incentives: $5640 ($5002 is leasing company passing along fed tax rebate, rest is volvo financial services covering first month’s payment)
Region: Southern California
Leasehackr Score: 9.1 years (when including $1,000 post-sale rebate I’ll receive from Southern California Edison. I don’t qualify for the California state rebate).
Not a ton of 2019 T8 Models left in So-Cal, so decided to go for it. This model qualifies for California carpool stickers.