My lease is up in July, so I am starting the process of car shopping. My current payment is $399.01. It was a loaner with 3k miles, I leased it and have only driven it about 20,000 miles on a 36/10 deal.
I was quoted at $608 36/10 for a 2023 XC60 Plus - taking into account Volvo loyalty, Costco, and the equity on my car. Obviously, this was just the opening salvo. I will respond with a more serious number, but I do not know how to properly value my car’s equity at lease end.
You can start by getting a few quotes:
Then, you realize there is no equity in your Volvo.
BTW, you can’t sell it anyway, other than to a Volvo dealer in exchange for another Volvo.
I would expect 0. Should be under water. @aronchi would be able to tell you maybe and give you a quote for a new one (no broker fee)
Also we need more details of how you got that price from the dealer. what is the msrp sales price mf
who are you and what have you done w the bear?
send me a pm if you’re serious about pulling the trigger this month.
Times change so do car values
I like this new Ursus 
Unfortunately Volvo Costco rebate expired end of December 2022. Maybe will comeback in April or May, we shall see…
Thanks. Just did.
Ah man - didn’t see that coming. That was a main reason I signed up for Costco in the first place. Now I love saving money by spending $600 every time I go.