I’ve been researching XC90 leases for a while now and read a million articles on A-plan but I’m confused with the changes discussed in a few threads. Being in the PNW it’s hard to get a decent pre-incentive discount so I’m exploring taking the A-plan deal instead (yes I’ve contacted brokers and I’m not getting much response or deals that won’t save me money after I factor in shipping).
I qualify for A-plan elite which offers $750 incentive on the XC90. I also qualify for $2,000 lease cash from Volvo. Does that mean I should get invoice for pre-incentive discount (~6% off) plus the $2,750 in incentives (ie 10.9% total discount off a $56,675msrp car)? Where I got confused was someone mentioning the total discount is capped at 6%. Thanks in advance!
Up until recently, a-plan capped you at ~6% pre-incentive discount. You then added the incentives on top of that. One generally was better off not using a-plan because it wasn’t hard to negotiate a discount more than 6%, so it was worth giving up the a plan bonus incentive. That changed recently, so now one can negotiate whatever discount and then stack the $750 a plan bonus incentive on top.
Thank you both! Volvo reimburses the dealer for A plan discounts right? So the 6% off would be reimbursed then any additional discount I negotiate would be the what they are providing?
is the dealer still required to provide the pricing sheet with an A plan deal that shows invoice price?
to better rephrase my earlier question so I know what to expect from the dealer: for A-plan are they required to use a minimum discount equal to invoice pricing? I am already having 1 dealer fighting to give less than 5%
Last question I swear: do you know the max they can mark up the MF? I failed searching here and Google.
Buy rate is .00166 and they’re using .00216 which equates to add’l $50 a month in interest or $1,800 over lease term. Am I right in thinking that’s costing me 3% off lost discount on a $56,675 msrp car?
Interesting update I just received from the dealer, who seems to deal with A-plan frequently and knew his stuff. He said the recent change they received is that A-plan is now only the $750 incentive - no invoice pricing.
Interesting. There was some debate that may be the case recently. When I log on to the a-plan site now, they seem to have gotten rid of any of the discussion of discounts beyond the bonus, so could be.
Do dealers need your a plan pin to determine your discount? Don’t want to generate a pin until I’m sure I’m taking the offer, but a dealer is asking for the pin.
