2023 Volvo XC40 Recharge Ultimate - Deal Check

Ask the Hackrs
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1

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.

MSRP/Retail $62,240.00
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!

Thank you for the feedback!

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2

That sucks, isn’t there another $3500 from Volvo out west right now? That means the dealer is actually giving you virtually no discount.

3

The 3500 is based on buyers location not dealership location.

4

There should be a $3500 volvo discount so that dealer is really only giving you $234

5

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.

6

Check my post, PM me if you want the dealer info.
You should qualify for the additional $3500 lease cash on XC40 right now since you are in NV.

7

Most OEM incentives are based on the buyer’s location, Volvo’s are based on dealership location.

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8

Oh my bad, thanks for clarifying.

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9

These numbers dont make sense. The MF and RV look wrong.

10

Agree I keep trying to get them to clarify but they want me to come in and are now playing games with the pricing - urgh!

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