Sedans and wagons get no love but Hybrid/PHEV/BEV SUVs are $1000-1250 off depending on your Costco membership level.
Answered below
Sedans and wagons get no love but Hybrid/PHEV/BEV SUVs are $1000-1250 off depending on your Costco membership level.
Answered below
I know you told me this before, but I forgot.
Between the C40 recharge and XC40 recharge, which one’s a better car / deal?
no love for polestar either
Didn’t Volvo end production of S60 and S90 in the states anyway? What sedans are event left?
I prefer XC40, looks just like regular car.
S90s are made in China - there are quite a few left in the US
Any idea if it stacks with A-Plan?
Costco and A-Plan (affinity) should stack, yes. Only one affinity discount + Costco + incentives
I guess regular members can upgrade to Executive to get extra $250
What’s the future of Polestar with so many made in China and South Korea?
Seems like Volvo has a lot riding on the polestar 3 and EX90s made in South Carolina.
Related, is your dealer selling many EX90s? Prices by me seem pretty firm but the cars I’ve looked at mostly just sitting on the lots.
nobody is selling ex90s. i have yet to sell a single one. they are a waste of microchips.
the wife does want an ev suv… support from volvo incoming?
They’re going to support it right into the lemon law storage lot
Looks like they dropped residuals by 3% in May? I expect deals would be worse in May even with the Costco incentive.
They have to do something. They spent hundreds of millions building the plant in South Carolina. Right now, besides the EX 90, all that factory is making S60s, which now likely can’t be exported profitably due to tariffs but also sell terribly domestically plus the low volume Polestar 3. The EX90 also is likely not a candidate for export due to tariffs.
I can see Volvo going slow for a few months seeing how these tariffs play out but at some point it becomes prohibitively expensive to operate a plant producing such low volume. Especially when producing way below the plants capacity could result in having to pay back some of the tax breaks and incentives the state and local government provided.
If the status quo prevails on tariffs seems like they may be choosing between closing the plant or producing a bunch of cars they can’t really sell profitably. And God help them when/if the $7,500 lease tax credit goes away.
South Carolina was never intended to produce the EX90 - it was built to produce the redesigned XC90 and XC60.
Volvo started building EX90s in SC as they feared they would lose the tax credit if the were built in the EU.
We’ve since seen that there is a loophole in the tax credit that was not intended, so the tax credit remains on leasing.
Frankly, it’s not rocket science to see that the outgoing CEO of VC Int put little to no value in the SC plant. They have underproduced models since the S60 with around ~36,000 built for the global market, when the factory is designed to churn around 150k per year.
S60s are dead BTW. EX90s are soon to be dead as well is what we are hearing. The only way you will see a relaunch of the EX90 is, if, the WH allows car companies drawback(this was eliminated in the most current tariff EO by the WH) on the tariffs, based on their exports.
If drawback is not revised/resurrected, you will see Volvo move either either the XC90 or XC60 into that factory, with the intention of producing all variants. If that happens, they will be capacity constrained as Polestar is producing PS3s for the global market in that facility.
You can’t take a factory from ~35000 to 150k in the snap of a finger. It will take them years and they will prioritize the models that sell and have margin. That certainly isn’t the EX90, in any quantity built.
All the P3s I’ve seen are built in SC at the Volvo plant which gave up it’s S60 capacity for $90k wagons that only LH brokers seem capable of selling.
Geely retained a big chunk of Volvo and Polestar, but they are two different publicly traded companies — the former on NASDAQ Sweden and the latter is the Franken-SPAC made from leftover GG organ meats. Volvo has the assets (eg factories and people to build cars, a dealership and service network) and P* is consuming a lot of Volvo’s US capacity to exist as a going concern. As you pointed out their cars sold in other markets are built elsewhere. They’re a solution seeking a problem, especially compared to other EV startups.
nobody is selling ex90s
My local dealer punched every EX-90 into loaner status. My understanding is Volvo has been a net exporter since most of the US built EX-90s are being shipped-out to disappoint customers in other markets. Who needs LIDAR when you can drive around with an empty LIDAR tumor, unfulfilled by non-existent self-driving software meant to exercise it?
Instead of focusing each company on what they do well, they have similar (not the same) visions, Potemkin shareholders - but Geely pulls all the strings.
There has never been a better time to lease a Volvo than now, thanks to their bi-annual Costco sales extravaganza.
If drawback is not revised/resurrected, you will see Volvo move either either the XC90 or XC60 into that factory, with the intention of producing all variants. If that happens, they will be capacity constrained as Polestar is producing PS3s for the global market in that facility.
For a company that sells shy of 10k a month in the US - all built on two platforms - their product mix is all wrong. Stop building most core models, no core T8s, assemble EVs in SC and build phevs and B5s in EU. Use Chengdu for China and markets that will allow that. Volvo is nuts to not build an IIHS TSP+ PHEV minivan that costs what an EX-90 or P3 costs and they’d sell every single one they built.
There has never been a better time to lease a Volvo than now, thanks to their bi-annual Costco sales extravaganza.
Other than last October and November…