Deal Check - 2020 Volvo XC60 T5 Momentum AWD (Loaner)

Hi Everyone

Looking at a 2020 XC60 Momentum AWD. This is the lease worksheet I received.

The MF / Residual is what Edmunds is saying and I do not qualify for any loyalty incentives. I do have a $1000 Penfed Volvo incentive that I have not told the dealer about.

The dealer said that the payment is $498 tax included.

I see that the Inscriptions are leasing a bit better because of the better residual.

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What did Edmunds tell you about incentives?

While I agree that is a better resource as far as.volvos go, if he asked on Edmunds for his specific zip in April, they would have also told him incentives (which should be verified of course).

Add in bonusdrive to that list.

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T5 INSC AWD - .00131 and 61%
T5 MOM AWD - .00115 and 58%
$750 incentives

This is from Edmunds.

So what about the deal? Is it worth considering?

Personally, I’d be looking for $10k off, including the incentive.

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You’re currently at 12.5% pre-incentive, with a knock down due to the loaner mileage.

By the time you account for the loaner mileage, you’re square within the target realm for a new vehicle, except you’ll get another $1500 in incentives on a new one (pennfed + bonusdrive). Long story short, you’ll pay less for a new one

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Let this superb dude get you in a nicer XC60 for less money:

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I was about to link @Bostoncarconcierge’s new XC60 Inscription?