Here is my deal from Northern California - taking it back to Reno! Let me know what you all think
This is for 7,500 miles per year for 36 months.
Applied incentives $7,500 EV Rebate $2,500 Costco $3,734 dealer discount Money factor of 0.00140
Residual value set by Volvo of 50 + 4 for 7,500 miles makes it a residual of 54.
Selling Price $48,640.00
Govt Fee $603.40
Doc Fee $85.00
Gross Cap Cost $47,835.00
Cash Cap Reduction $1,693.91
Cap Cost Reduction $1,693.91
Adjut Cap Cost $46,141.09
Paid by Customer $3038.00
Monthly Payment $500.00
If I go to ZERO Down payment goes to $554.00 which makes no sense to me so help there would be great too!
Aren’t these cars going for 8%-10% off MSRP before incentives? So on the west coast I believe there is extra $3500 lease cash and of course $7500 EV rebate and $2500 Costco…that should be $13500 discount before dealer discount.