elmind
August 31, 2019, 2:45pm
1
Long time lurker looking to finally hack a lease myself. I’m in Iowa, looking for loaners and came across this 2019 Volvo S60 T6 Momentum .
The two screenshots attached are the deals they’ve offered (one with MSDs, one without). Any initial thoughts/feedback? Thank you in advance!
What are the incentives/rebates being applied?
elmind
August 31, 2019, 3:51pm
3
lease bonus of 1,750
Volvo allowance of 2,000
dealer discount of 6,499.
MSRP of 46,565 to purchase price of 36,316.
1 Like
Ursus
August 31, 2019, 3:59pm
4
Is it a loaner with 2,900 miles? You need another 2% ($1,000) discount.
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elmind
August 31, 2019, 4:17pm
5
They’re saying 2909 miles.
Ursus
August 31, 2019, 4:37pm
6
Yes, if you want to be that precise: 581.80/0.2=2,909
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elmind
August 31, 2019, 4:40pm
7
Awesome, thanks for the heads up on the extra 2%.
Related Volvo sidenote… I was told “Volvo actually took away the leasing programs for XC40s”. Is that true? Or is the dealer trying to push me towards a specific model?
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For the 2020s. 2019s have a good amount of support in most regions.
@Ursus - what would be a reasonable discount % on a New S60 T5 Rdesign 46k msrp and T6 Ins 49k?
Looks like this weekend there is an additional 500 labor day cash going on.
Ursus
August 31, 2019, 9:50pm
10
9.5-10% is strong, anything more is very good, I think. The best I could get in April was 11%.
I was able to get 11.8% on a $57K R-Design before incentives. 22% with incentives. Took work to get there.
Looks pretty decent.
What state?