Year, Make, Model, and Trim: 2021 Volvo XC60 T5 AWD Inscription (Climate, Protection, Metallic, 20s)
MSRP: $55,310
Selling Price: $48,000 (pre-incentive)
Monthly Payment: $406.90
Drive-Off Amount: $3,291.39
Months: 36
Annual Mileage: 10K
MF: 0.00055
Residual: 58%
Incentives: $1,500 lease cash, $1,250 Costco, $500 Bonusdrive
Region: NY
Leasehackr Score: 10.5
Leasehackr Calculator Link:
Signed on January 4 for last day of Costco which is the only incentive I qualified for. First time getting a new car (previously only bought used) so really excited. Started researching what SUV to buy back in August, but then my wife had to be admitted to hospital early in third trimester and we were there since. Finally found time before xmas (inbetween feeding newborn) to whittle down a list of 15 cars and take some test drives and settled quickly on the XC60.
Scoured the website of every dealer within 100 miles (for some reason Volvo US site doesn’t show complete inventory) and sent email to sales manager of 30 dealers with the same configuration. Had a target discount in mind but bid lower to negotiate up. Unsurprisingly most dealers did not respond even with follow-up, and those that did said this was impossible. One dealer met price with no questions asked and so worked with them. With thanks to this forum for teaching me ways of car buying.
Now I need to figure out a way to get two dogs in the trunk without making everything else disgusting.
Lease figures attached - I couldn’t get exactly the same tax amount in the calculator.
Photo of the beaut. Unfortunately living in Queens I can’t offer as nice a background as fellow members’ pics