Asking to see if you guys out there think this is a good deal I owe $16k on my Infiniti and they are giving me $10k (2014 Q50s 88k miles). I was able to work out 36 month lease 15 per year $2500 down and maintenance covered on a 2020 Volvo S60 redesign. It is a demo only has 2k miles.
Year, Make, Model, and Trim:
MSRP: $ 49,500
Monthly Payment: $ 566
Drive-Off Amount: $2500
Months:36
Annual Mileage:15k
MF:
Residual:
Incentives:$1,000 (switching times Volvo from Infiniti)
Region:Northeast
Leasehackr Score:
Leasehackr Calculator Link:
Aside from NEVER financing that much negative equity (if the captive even allows you to do so), you’re missing critical information, such as the selling price, residual, and MF. There should also be more than $1,000 in incentives in the NE.
How are you so upside-down on this car? $6,000 of negative equity is $180 per month before finance charges and tax, so you should really rethink this before entering into it.
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I asked for the rest of the details you mentioned above below are the details
Leased price $37,000
MF 0.00098
RV $24,996
Would also like to know @NickA04
I bought the Infiniti certified pre-owned in 2017 financed roughly 30k for 60 months.
Why not keep the Infiniti? What is the interest rate on the loan?
Are you sure you like the Volvo?
You’re going to end up in the same hole again if you try to get rid of the Volvo lease early.
Interest rate is 1.9% I think I may just ride it out at this point instead of moving into the lease.
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I think that’s a good idea on your part to ride it out.
It is never a good idea to put money down on a lease.
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Did you roll negative equity into that? A 3-year-old Q50s should not have cost $30,000…
Definitely reconsider this if you’re rolling negative equity twice. Either way, something is still off because there should be a lot more than $1,000 in incentives on the Volvo.
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I would not drive an s60 for a $600 payment. Also 50k msrp? Is it like a t6 inscription polestar?
The T6 inscription starts over $49,000, as does the T6 R-design. 
I think this price is just metallic paint or something. You usually don’t see them that base.
It was hard enough for me to find one without advanced. My MSRP was $51,060 for a T6 inscription, metallic paint, 19" wheels (almost every R has them), heated rear seats and steering, and park assist (came on the car I found). $49,500 isn’t that spec’d out.
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If you could get a rid of the cash down and get them to do $550 sign and drive, that’s where I’d want to be. You need a breakdown of the incentives, what’s your payment now?
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Where do you see it is T6? Unless you know it by MF/RV
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Just guessing. I’m not up on the NE Volvo terms this month. Sorry, I didn’t switch accounts because I’m in the middle of things right now.
That’s some wild guess as you said yourself that $49.5k T6 R is almost non-existant 
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I think it was more of a generalization that no T6 will have polestar at that price point, and if it is a T6, it’s pretty much a base model. 
The car isn’t that price, the negative gets it there.
I drove a Ford for 2 years that was basically $349/mo in lease and $250/mo in negative, but the prior lease I was exiting early was a lemon and unsafe. The Ford wasn’t $600, the negative made it $600. And it was a smart move for me at the time because it’s gone and the interest on the negative was well under 1%.
It’s hard for anything to be a good deal with $6k in negative. If you roll into anything, the MF needs to be low-low AND you have to drive it to disposition. No exiting early so you have to love what you get, especially a Volvo since they aren’t transferrable.
Also if you’re looking at a 15k lease, how many miles a year are you driving?
I fall right about 15k per year driving that is the right number and I didn’t roll anything into the Infiniti at all. I was just thinking about doing it to be done and out of the Volvo in 36 months starting fresh.