2020 XC60 T5 AWD Inscription

Ask the Hackrs
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1

Hey - just getting started with shopping around for an XC60 to lease. Have reached out to a few dealerships for quotes via email - wasn’t expecting much…

First one responded immediately, provided A-Plan pricing (first pic below) which was a bit underwhelming. Also, after a little back and forth the guy came back with a pretty solid quote, “We have been the number 1 volume Volvo store across the entire Western region for the past 6 months, and we wouldn’t get there without the most honest, straightforward, and best pricing upfront.”

Based on the savings provided from the second dealership (below) I am under the impression A-Plan is not worth it and I could do better off negotiating on my own…

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Second one took a bit to respond and then quoted me an XC60 Momentum trim. However, the discount provided was noticeably larger than on the Inscription, but the residual was 3 points lower and he may have looped in some incentives I won’t qualify for…

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Any insight on how these deals stack up, or next steps would be greatly appreciated.

2

A plan generally isn’t worth it.

Go to Edmunds and get RV/MF/incentives for the trims you want so you can actually baseline the deal(s)

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3

I am not seeing any leasing incentives on Edmunds for the entire West Coast. I put in Seattle, Portland and Los Angeles zip codes and did not see any lease incentives.

4

Did you ask on the forum there or try to use the automated listings?

5

Used the automated listing, like an amateur

6

$2,000 on 2020 T5 Inscr. You need to build it and then go to payment estimator

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7

Could I please get the Incentives, MF and Residual for 36/10K:

2020 XC60 T5 AWD Momentum
2020 XC60 T5 AWD Inscription

Zip Code: 98116

Thank you!
INSC: .00131 MF and 61% residual
MOM: .00115 MF and 58% residual

$2000 Volvo Allowance

Could someone please explain the MF provided in the Edmunds Forum and how that relates to what the dealership is quoting me?

Is this ^ the lowest the bank will let them go?

8

Edmunds is quoting buy rate, which is what the bank charges for tier 1 credit. The dealership can mark it up to make more money.

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