Our Sorento SX lease is ending in July so we are shopping for a “family sized” SUV to replace the Sorento. We have loved the Sorento and would have no problem going with an SX again but the numbers I’m getting back are in XC90 territory so thought I’d give a couple of dealers a shout to see what could be done on an XC90 loaner. I’ve gotten the following lease sheet from the internet sales manager and am trying to reverse engineer the calculator but coming up with a decent size delta.
This is a 36/12k term on a T6 Mom 7 seater ($3300 lease cash) with max MSDs. The $1250 rebate listed is Costco. The loaner has 3936 miles on it currently, so the residual is down to about 58.58% (from 60%):
Here is my calculator link. I’ve confirmed MF and residual on Edmunds for my zip (.00141/60%):
Am I missing something obvious in the calculator? I plan to go back and confirm MF as I’m guessing that’s where things might be going awry. Otherwise, it looks like a pretty decent first offer with ~16.5% off, which I understand is a pretty good target for loaner XC90s, right?
Any and all help appreciated!