Deal Check - 2024 Volvo s60 Recharge Ultimate Black Edition

[DrWeevil]

Hi all,
trying to evaluate a deal on a Volvo s60 ultimate in the bay area CA. New to leasing but have been reading up on your forums and trying to learn. Appreciate the input!

(1) Looking at 36/7500 lease
(2) Collected following data on the make and model this week at Edmunds:

• mf of .001987
• residual 53%
• 10.5k lease cash

(3) I have A-plan and costco incentives
(4) Leasehackr calculator showing 758 effective monthly cost (see link)

The Dealer is giving me a deal sheet of sorts with the following:

• 808 monthly
• 64,325 msrp
• 62,825 selling price
• “rebate” 11,000
• “government fee” 802.36
• “proc/doc fee” 85
• “Acq. Fee” 995
• Gross Cap Cost 63,620.36
• Cap Cost Reduction $9,710.47
• Adj Cap Cost $53,909.89
• Total due at Signing 1,502
• Residual value 34,092.25

Is this an ok deal or am I being bent over? Thanks in advance!

[bb86]

1500 discount seems bad but not familiar with Volvo.

[gohawks23]

Search this site as tons of Volvo deals you can look at to see what they got for discount/incentives/etc.

[lan_man]

My S60 T8 Plus Dark I got through an East Coast broker recently was somewhere around 13% off, preincentive. Ultimate/black might be in higher demand (black looks real sharp), but I’d think you could do way better than what you got.

[max_g]

@DrWeevil

Is this an ok deal or am I being bent over?

Bent over. Hard.