2019 Volvo XC90 T6 Inscription
Selling Price: $61,684
Annual Mileage: [10,000]
Security Deposit: [$7000]
Total Due At Signing: $8,490
Monthly Payment (incl. tax): $644 ($52 tax)
Sales Tax Rate: [8.75%]
Was able to get two dealers in the SoCal area to do this deal. Thanks all again for the resources.
MSDs should be $6,000 with $592/mo payment.
Volvo calculates MSDs amount based on after MSD payments. If your final is $592/mo incl tax than it is $6,000, or $6,500 for $644/mo with tax.
If you would like, ill post the contract. Just thought it would be worth sharing.
Doesn’t matter. You will get all you put down as MSDs back, if it’s listed on the “deposit” line. But Volvo rounds up to the nearest $50 on after MSD monthly payments, like I said. I have my contract also where I put $4,500 on $436/mo payments. I guess they gladly hold any extra money that dealers charge.
As @Ursus said, you should check your contract for the deposit line to make sure it says $7,000.00. My post-MSD payment with tax was $576.00, and the deposit line on my contract says $6,000.00.
Do you know if BMW rounds up post-MSD or pre-MSD? I’m being quoted $4200 MSD on a post-MSD monthly of $526. Just wanted to make sure that’s correct.