MSRP of the car is 59990. Volvo xc60 2022 model.
I am little confused to differentiate the rebate vs cash back vs incentive but the total I pay for the whole lease of 36 months would be 672 x 35 + 3500 (first month+tax/fee) = 27020 plus 25 monthly for wear and tear insurance.
Is this a not bad deal or worse deal??
Here is my “signed” info with lease agreement uploaded if you want to see.
And lease hakr calculator link but not accurate because I am still little confused.
Btw it sucks the car does not come with adaptive cruise control but has to add an option for it it is a 60k car…
The price has gone up a bit. I think even through Steingold I just paid something like $850, but for $75 more, I included PDR and interior coverage, which paid off on the S60, because someone in my garage dented my door a week ago.
I know the incentives have dropped a little, but is the lease incentive still $2,000 this month? If so, you got a decent discount, but they’re really trying to clear out the 2022s. I settled on a little under 9% off at the end of August, because there was almost nothing left in an exterior and interior combination that I’d like, but I also had $6,000 of incentives, so it’s a little bit of a different ballgame.
Why is your tax only 4% on there? In NJ, based on the MSRP and selling price, it should be 7.025%. Also, you should not have $2,655 in government fees/registration. What’s on page 2 of the contract to show how they got to the gross capitalized cost?
@Shaunlee, you can get a little closer by fixing those things, and the incentives are taxed in NJ:
The contract in the signed link says NJ and that he’s in Bergen. Either way, 4% is the state tax portion of the NY sales tax, so it’s always going to be higher than 4% here. That’s why places like Westchester only have 4.375% on clothing under $110 - the exemption is on the 4% state tax portion, and then counties and municipalities (where applicable) tack on from there.
Oh I live in queens and got the car in NJ since that dealer ship had the color combination I wanted and the numbers seemed to be decent. I googled the tax rate for queens NY and found it is 4%. Am I wrong?
It’s only worth it if you get it at a steal over wheel and tire, such as how I did though Steingold, and I only did it because I’m still in an apartment building with unassigned spots that allows restaurant patrons to park there. If OP parks on the street in Queens, it may make sense.
This should be posted on every T&W question or protection package by an autobot…
Between my immediate family and I we have had over 15 leases. All returned with $0 wear and tear or damage fees. GM, Honda, Toyota, Acura, BMW, even big bad scary US Bank.
For what it’s worth, here in NY, wheel and tire comes in very handy. There are a lot of one-lane roads, going uphill, around curves, have a cliff or rocks on one side or both, and you just can’t avoid every pothole.
Right, I’m just saying that knowing the roads here, plus low-profile tires, plus how the roads have deteriorated, and the sometimes unavoidable factor…just one pothole bent two wheels, so I’m wayyyy positive aside from anything else. That was on a one-lane road, going uphill, with rocks on one side and a cliff on the other so no way to swerve, even if I did see it at the top of the hill (and it was a road I drove on every day, so I would have known it was there if it wasn’t new).
Point is that it varies for everyone, and it’s a must-have for some people, depending on all those variables.
