Deal Check: 2020 Volvo V60 T5 Momentum FWD

Ask the Hackrs
,
1

Happy New Year!

Seeking advice on how the following can be tightened further:

2020 Volvo V60 T5 Momentum FWD
MSRP: $49,650
Selling Price: $36,323
Monthly Payment: $389.11
Drive-Off Amount: (1st month, acq: $995, doc: $85, govt: $637.85)
Months: 36
Annual Mileage: 7.5K
MF: 0.00041
Residual: $25,321.50
Incentives: VCFS $5,250 Lease Bonus (“inclusive” in discount to sales price)
Region: CA - Bay Area
Tax: 9%

I’m estimating ~16.3% pre-incentive discount, and expecting for $0 DAS, ~$386 pre-tax, ~$421 post-tax. Gov’t fees look like they can be tightened up.

Thoughts? Appreciate your help in advance.

2

That’s a stellar deal for a non-loaner if the mf/rv/incentives check out.

1 Like
3

No way it is not a loaner at 16%. Also, it is hard to believe there is $5,250 Volvo incentives, which looks exactly the same as on T8 hybrids.

1 Like
4

Checks out

Screenshot_20201231-232758
Screenshot_20201231-2327581080Ă—2340 211 KB

5

Sweet deal, then. Unless tweaking the URL messes something up :slightly_smiling_face:

1 Like
6

Car comes up in new inventory, and sheet shows 9 mi.

Appreciate the feedback from you vets. Will report back on how it goes.

7

Take it.Considered bumping up to 10k? The extra 7.5k miles for $16/month gives you more flexibility.

2 Likes
8

Good advice; thought about it. I’m averaging 4k miles/yr and don’t see how I’m going to use up the miles with everything going on.

9

Fair enough, and you can always buy miles or pay overage.

10

Thanks everyone for the advice and spot check. Signed few hours back ~$428 post-tax.

3 Likes
11

Congratulations! Post pics in the Trophy Garage :trophy: