Volvo xc90 vs Lexus RX deal check

[WonderingY]

[Bluemkn57cars]

@Harry657ha

Is the lexus dealer giving you the new RX for msrp or is there a discount?

Been trying to get a response from OP about this.

@Bluemkn57cars

First of, you’re missing a lot of information such as:

@Bluemkn57cars

What is the selling price of the Lexus?

2. What are the lease terms? 3 years/10k miles per year?
3. Is your monthly payment pre or post tax?
4. What is the Money Factor being used? Is it the base MF?
5. What does the due at signing cover?

@vermanatorx - Care to address this?

[paranoidgarliclover]

@vermanatorx

So I guess it’s a bad deal then?

I don’t have the knowledge or memory that other posters here do, but my impression is that other people have posted offers of a similar monthly WITHOUT any trade equity. So, yes, I think your deal is actually quite awful.

You can do a search on the forum to see what other recent XC90 deals have been. You can also, as others have mentioned, look at or even reach out to highly-rated brokers to see what they can offer (and to get a sense of what a fair deal is), if there is time pressure to get a new lease.

I don’t know if you should sell to Carvana/etc. or to a dealer. I do know that you need to be looking at the total cost of the lease (including equity) to be able to get a better sense of your whether your deal is fair or not and whether you should sell to dealer vs. 3rd party. The dealer may offer you more… but what if they are leasing you the car (minus the trade) at a much higher price otherwise?

The other posts here have given you lots of info about how to evaluate the deal.