Hi, it seems that the Volvo XC90 is currently a hot candidate for lease hacking. I just started to shop around and was wondering if insiders know what percentage off MSRP are these days possible in Los Angeles/SoCal region. I am asking specifically for just selling price, since most of the other discounts like Costco/ABA/Loyalty are already set and apparently the only way to bring the cost down is to negotiate the selling price. Depending on the deal, I am open to both, new and loaners, so any information on current pricing in the area for both would be appreciated.
Also does anybody know if there is a difference in residuals for 6 vs 7 seaters?
8% is the most I have received after contacting all SoCal dealers. The payments are in the mid 500s which doesn’t not make it a great deal despite its inflated msrp
Thank you! I have so far talked to one dealership and just got the number for the payment without going too much into the weeds for all the details. Didn’t have much time to talk, wanted to connect with them tomorrow and continue shopping around. They quoted me $550 sign and drive for 24/10k miles max MSD with Costco/Loyalty/ABA. This is for a car with 76k MSRP. I am not sure how good or bad this deal is. It seems defenitly a great deal compared to several month ago but compared to deals I saw at the east coast, this is not great. I was hoping to push the payment below $450. Lets wait and see
Not a good deal. Despite dealer ignorance the inventory levels are high, 7500 ev rebate may go away and overall 10 percent is something that should be achieved. This car is not that special, very little design change since it was introduced a decade ago , if it wasn’t because of a potential good deal I wouldn’t even consider it . I personally wouldn’t sign unless the payment is in low 400s
Should be easier to source closer and save on shipping. When Tellurides were hard to find, CA folks on the forums would get them shipped from CO, UT, etc. for example.
What is the “conversation”? Use the calculator and the 100+ deals seen here and develop an offer that is reasonable based on your opinion. Send that offer to the Sales Manager or GM as listed on the dealer website. They either accept or they don’t.
Just closed a $79,500 T8 Plus for $470 Inc tax sign and drive with full MSD and $12500 rebate (24/10k). Equates to about a 12% discount. Car had 24 miles on it but was punched as a demo.
With standard drive offs would have been about $390
Nice job! I closed a lease on a T8 Recharge Plus MSRP $76800. I had Costco/ABA and full MSD. Mine is by far not as good as yours but I didn’t want to get too greedy. I think you got really lucky with the punched car. In LA area most of the XC90s are presold before they hit the lot. My sign and drive payment is $515 incl. tax for 24/10, I think it is still great for such a nice car. It was really not easy to get more than 7-8% discount on top of all the rebates with any of the dealerships in SoCal region. Few dealerships laughed at me and told me people would call all day and ask for crazy deals in 300s. At the end I got 9% ish off MSRP plus all the rebates. This car has the options and color combo I was looking for and I am very happy with the deal. Thank you leashckr forum for all the tips to make this happen!
BTW, since the requirements for the ABA rebate have recently changed, and people can’t just sign up and get the rebate, I am not sure if these crazy 300 ish or 400 ish lease deals will be a thing anymore.
If you look at the majority of the $3xx deals (that included contracts and posted in signed) the majority are 24 demos. Then a few from that Georgia dealership. The rest are in line with the deal you got. I was lucky to get in early at $450/month with full rebates etc (no MSDs) and I am a customer of the dealership so they “know” me. It’s tough in here because people feel the need to make up deals and drive demand but for no personal benefit but ego I guess? Congrats and enjoy the car. I like mine for what it is.
