Leasing is a novel experience for me; thanks for the information, all. I kept my last car for over a decade, and need to replace it. Looking at the potential depreciation of Volvo wagons, I’m going to bite the bullet and use a lease to hedge against it instead of grabbing a deal on a 2018 CPO.
Here’s roughly where I’m at on the lease: I feel (edit…) okay about it, but am open to thoughts. I’ll update once I have final numbers.
I had checked the MF a few weeks back. I’ll check again, though.
I updated the title to reflect it’s a 2019, not a 2020. So, the 7k in incentives isn’t as surprising; They had the big $6k allowance last summer, too. I just couldn’t quite justify a new car purchase at that point.
Make sure that the $7k is not on purchase only (I bet it is). This is what it was last year - $6.5K on purchase and $2,750 on lease. Volvo doesn’t need to heavily subsidize V leases because of the volume.
Comparing the first one to a different one with a bunch of dealer accessories added on to ‘look cool’ (tint, vinyl covering on chrome)… That will all just add to my cap-cost without increasing RV, yeah?
Is the same true for things like Polestar or mud-flaps? Looks like they were added on, too. (It has an * next to it on the build sheet on their website.)
It’s pretty annoying; do they just do this to add a bunch of profit at 100% markup?
Polestar can be residualized, if it is installed at the factory/port. Needs to be on the window sticker. It doesn’t residualized if you have the dealer do the install.