Just wanted to get this out there since the end of the month is near and incentives may have just been updated. Combing thru the forum has been a great help since my last leases in 2019/early 2020 (pre-Covid).
I was working on a deal last week that was looking to be about $9,200 in net costs, for a one-pay lease plus MSD’s. Unsatisfied, I passed. Today (1/27), I checked in with the dealer to see if there was any movement. They were happy I reached out as the incentives just changed today they said. So the same deal is looking like just over $7k, or effectively $391/month. I now have a deposit on the car. Dealership is in Massachusetts.
Rough terms:
$46,000± MSRP
18 month lease
10,000 miles
$7,030± one time payment (hence $391/month)
$2,700± in additional MSD’s due at inception & refunded at end of lease
Volvo changed most of their programs in the past week, like a bunch of savages. A month ago I would have bet nobody changed them until the first, and here we are.
Congrats @bostonwombat ! Post pics when you sign and take delivery.
Picked up “the Beast” last night. Had some slushy conditions for the first commute this morning. Drove like a champ. Enjoyed the heating steering wheel amenity for the first time.
I didn’t do MSD’s like you did. Not sure if they marked up my money factor—the only way I could get the calculator figures to line up, was to increase the money factor a little. Happy to get some feedback from you (or anyone else) if I made any mistakes there…
Looks like you got a great deal too! I was thinking about the hitch option as well. Too bad that’s not a standard feature. Given the V6 and towing capability, it seems like it should be!
I believe the money factor thru NMAC this month is .00339. The one-pay gets it down to .00286. In my case, MSD’s get it down further to .00196.
It looks like we might both be in the market again in another 18 months. I have no plans to buy this vehicle (with that super high residual) when the lease is up.
If you are still in Mass, I must remember to see what you are up to when that time comes!