2018 Volvo XC90 - SoCal

Ask the Hackrs
1

Hey Hackrs,

Looking to move up in car size, with twins on the way…really like the XC90 T6 Momentum Plus.

Here is the info I am looking at:

MSRP: $59,700
Dealer Price Reduction: $5,524 (9.25%)
Volvo Discount: $3,000

Selling Price: $51,176 (Total Discount 14.3%)

Months: 36
Annual Mileage: 10,000

MF: 0.00113
After Max MSDs: 0.00063

Residual: 58%

Acq Fee: $995 (I know this is marked up)

Security Deposit: Max MSDs
Total Due At Signing: $1,200
Monthly Payment (incl. tax): $589
Sales Tax Rate: 9.5%

My biggest issue is that my wife is due in March, so we could wait until the Holidays to see if there is a Costco or Conquest incentive.

This offer is part of an anniversary sale at the dealer, but I’m confident something else will come up before the end of the year.

What do you guys think of this deal? My instinct is that it is worth waiting, but wanted to get any thoughts.

Thank you,

dg

2

Alot better then my first contact at Volvo. I can share email if you like and start a bidding war.

MSRP: 54325
Sales Price: 46995
13% off MSRP <- includes 3000$ dealer crash
Money Factor : .00214, tried to get it lower and he said buy rate is 0.00161
Send me your contact info please I’m looking for a T5.

3

I think you could better this offer going into the holiday season

4

Yours is a different car, so MF/RV are different. Check on Edmunds.

5

As Ursus mentioned, I think the T5 (2 row) vs T6 (3 row) has different inputs. Happy to get more info to negotiate, though

6

I’m still talking to the dealers, but the latest is that there is a TrueCar discount of an additional $750.

With that and a little more negotiating on the dealer discount, I’m getting close to $550/mo.

One question I have is what the MSDs are based on? One dealer was trying to tell me that it was based on my Pre-incentive monthly, but that just doesn’t make sense. Isn’t it just 10 * $550? Or is it 10 times the payment at the original MF?

At $550/mo, it’s starting to feel like a good deal. Still torn about just hitting the bid or waiting until the Holidays.

Thoughts?

7

Bring monthly under $550 with a small down ($200-300, as needed) if you are slightly above, and it will be 10×550. It’s rounded by 50, so on $589 It’s 10x600.

1 Like
8

Thanks Ursus, that makes total sense. I will definitely look into that.

If I can get the monthly down to $550, do you think it makes sense to just hit the bid or do you think it’s possible to beat a 10.29% discount before incentives around the holidays. Not sure if Conquest will come back, but that is a 500 difference (~$15/month).

Any thoughts are appreciated.

Thanks!

dg

9

Don’t know if discount will be better next month or in December - it’s still start of MY 2018. There may be more incentives, but RV may go down at the same time.

10

Hi All,

I’m back again…had to wait a few weeks before dusting off the car search.

So here is the latest:

MSRP: $59,895
Dealer Price Reduction: $5,620 (9.38%)
Volvo Discount: $3,000
A-Plan VIP: $750

Selling Price: $50,525 (Total Discount 15.6%)

Months: 39
Annual Mileage: 10,000

MF: 0.00113
After Max MSDs: 0.00063

Residual: 56%

Acq Fee: $995 (I know this is marked up)

Security Deposit: Max MSDs
Total Due At Signing: $1,200
Monthly Payment (incl. tax): $559
Sales Tax Rate: 9.5%

I’m worried that the RV will keep getting worse as the year goes on. I’m not in a huge hurry, but feel like it’s worth hitting the bid. I had originally been looking at 36 months, but now they came back at 39…any thoughts on the difference?

The only thing I think I may do, is put down $325 as a CCR to lower the monthly below $550 and therefore lower the MSDs $500.

Any thoughts are welcome.

Thank you,

dg