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.
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.