First things first, I have to call out and give endless thanks and appreciation to fellow LH user @douglashowitzer for being an absolute MVP in finding, securing, and supporting me through every step of this process.
I’m brand new to the leasing world and I posted a couple weeks ago with a potential lease deal and was basically told it was horrible by all the pros . @douglashowitzer sent me a message giving me the run down of what a good deal should be and long story short - guided me (honestly did 100% of the leg work) in not only finding this killer deal, but negotiating with the dealership on a price I could only have dreamed of, and continuing to follow up with them on my behalf until the deal was secured. I truly cannot appreciate enough his help and the help of this group in signing my first Lease - and what an amazing lease deal at that! None of the other dealers that I had reached out to would even entertain such an offer.
One n00b mistake I did make, was agreeing to Volvo’s Care Lease to protect from excess wear and tear. This did bring up my monthly payment to $399/mo and time will tell if this was truly necessary or not, I suppose!
Lease Calculator below - provided by my good friend @douglashowitzer because again, I had no idea how to put in any of these numbers. I’ll get there one of these days!
Thanks again to everyone here and of course, @douglashowitzer , for making my first deal incredible! Looking forward to many more in the future with the help of you all!
Congratulations and well done! Regarding the Care Lease program, you’re paying $816 in total in the two years for some additional peace of mind. Likely a n00b mistake, like you said, but the deal looks pretty solid based on the incentives/discount that was able to be secured. I would say for your first lease, you did an outstanding job. Anything over 15 years of a LeaseHackr Score is really SOLID!
Enjoy the car, and be sure to pay it forward to someone else based on what you learned from @douglashowitzer!
It’s rare a dealer is willing to recreate multiple deals like these. In this case we were able to leverage the same dealer I used for my brother’s deal (posted in “Signed” under my name).
They had one remaining 2024 loaner and were willing to make it happen.
I intentionally bought this my first Volvo lease and IIRC paid $750 so $816 isn’t bad. I didn’t end up needing/using it after 36 months but if you do end up having excess wear and tear (the seats gets stained/ripped, dents etc) IIRC it covers up to $7000 of bad news on the AutoVIN report.
In all her glory!! I didn’t think I would love this color - not typically a silver fan - but this shade is stunning and looks like a golden platinum in certain lights! I love it!!
Awesome vehicle! Now…get those front windows tinted, pick up some Adam’s Total Interior Cleaner, and get put a nice 3-year ceramic coating on the exterior paint….Enjoy the ride!
Window tinting and ceramic coating are perfectly fine to do to a leased vehicle. I’ve never had any issues. The ceramic coating is only helping protect the paint (don’t waste your money on a 5+ year ceramic coating), and the window tinting can be removed should anyone at lease-end have any issues with it (which I’ve never heard of).
I understand your request, but I’m curious about how you can get your hands on such a program. I’ve noticed that many members on this forum have signed up for deals like the Volvo XC90, which costs around $450 per month. Could you please share some insights on how they managed to find these incredible deals?
Volvo was heavily subsidizing these deals between October and December to clear up the built-up inventory ahead of the upcoming refresh model for XC90.
People could qualify for various incentives, such as loyalty, A-plan, Costco, etc. Combining these incentives with dealer discounts and Volvo rebates available for everyone could have resulted in these deals. Now, programs for January are significantly worse than that. I just check the forum from time to time to stay on top of what is today’s deal.
It’s important to understand programs are constantly changing, generally in monthly or quarterly increments. To properly learn to deal hunt you need to spend time reading the basics on this site, then reading forum posts and familiarizing yourself with how a deal is constructed and offered.
You can use Ratefindr or other online tools to pull all leasing data for a particular model’s program. That will include all requisite detail like incentives, money factor, residual value, etc. The “Signed” sections on the forum can provide a good understanding of the pre-incentive/pre-dealer cash discount you should be targeting in a particular market region and month.
There’s a lot to hunting your own deal, the brokers here can cut out all that time for a reasonable fee.
. @douglashowitzer sent me a message giving me the run down of what a good deal should be and long story short - guided me (honestly did 100% of the leg work) in not only finding this killer deal, but negotiating with the dealership on a price I could only have dreamed of, and continuing to follow up with them on my behalf until the deal was secured. I truly cannot appreciate enough his help and the help of this group in signing my first Lease - and what an amazing lease deal at that! None of the other dealers that I had reached out to would even entertain such an offer.
