Is it correct to assume that the Untaxed Incentive is $5,250, and thus my Dealer Discount is only $2,750, i.e. Discount from image above $8,000 - Lease Bonus from Edmunds?
Moreover, in trying to reconcile my numbers between the dealer lease offer, the unlisted MF seems to be marked up to ~0.0015
Outcomes: Ideally I would want my Monthly Payment to be closer to $850. I hope this is doable if i can:
get the MF closer to the .00094 Edmunds number.
current Selling price is only 3.8% off MSRP…i could do a LOT better here.
I know a smaller down payment will increase it, but my forum lurking seems to indicate that any down payment at all is a poor idea.
Correct. And this offer is just crazy for an XC60, T8 or not. $72k XC60 is ridiculous by itself also.
The easy way to lower your payments in any scenario is MSDs.
point is that it’s a weird market. you’re not “used” to deals like this, but this is reality right now - volvo or not volvo. the other day, someone posted a p8 at list under “share deals” and thought it was a good deal…
What is the reality? $1k effective for a 7(?) years old body with a $72k sticker VOLVO? I did not say anything about the discount, which is reflective of the times.
reality is that the market will support what people are willing to pay. a lot of stores are hitting people over the head with rates and people are paying them…
There’s also a $1500 CA CFR that this car is eligible for. I leased an XC60 T8 Inscription last month ($66K MSRP) for $699/month + tax with $1500 down, no MSD’s but had Costco and Affinity. Selling price was a bit over $54K after all was said and done, 51% residual and 0.00094 MF. 36/12k. Not amazing, but best I could do without shipping in from some of the brokers on here.
Thanks ya’ll, appreciate the quick feedback! Unbundling that $8k vs. $5.25k Edmunds lease bonus number was a bit of a head-scratcher until I read thru a whole bunch of forum posts. I also hadn’t even considered that the design of the XC60 was getting a bit “antiquated”
I fainted - your deal sounds much closer to reality.
I just took my 2019 XC60 in for its 2nd service, nothing feels antiquated to me. But what if I told you, you could lease a T5 AWD for half that payment and get 90% of the enjoyment?
They anchored me so high that I’m all screwed up Yes, I’d be interested in hearing how to get an XC60 T5 for half the payment.
@albertoss Would you mind sharing your approach? Ok to DM?
Reasoning for the Recharge was to get my wife and I accustomed used to plugging in a vehicle while also being able to have a utilitarian SUV without range anxiety to make long trips around California. I figure by 2024/5, EV ranges & charging networks will have reached an inflection point in development that we could be more psychologically comfortable adopting the technology.
- your deal sounds much closer to reality.
Yes, I’d be interested in hearing how to get an XC60 T5 for half the payment.