Deal Check: 2024 XC90 Recharge Ultimate SoCal

Hi all, looking for input on this deal:

2024 Volvo XC90 Recharge Ultimate

MSRP $83845
Discount $15315 ($9500 lease cash, $500 affinity, $500 march madness, rest is Costco/dealer)
Total purchase with taxes & fees = $70,932.85 (10.25% tax rate here in SoCal)

Quote for 7.5k/36mo with $3,000 down was $1,047/mo.

Plan to lease and immediately buy out so not as concerned with overall lease rate (although dealer appears to have padded MF a bit here). What I’m interested in knowing is if there is more room on the dealer discount end–sales manager basically said Costco price of $1,800 below invoice is best he could do, but seems like others have been able to get closer to the 8-10% mark before incentives. Was hoping to get closer to $75k pre-incentives. Any recent insight appreciated.

So whats the discount after you back out all of the incentives?

$15315 less the $10500 volvo incents = $4815. From what the dealer explained, this is basically the difference in the MSRP and $1,800 less than invoice (Costco price). He claimed this comes out of the dealer, not Volvo, but regardless it is roughly 5-6% off MSRP. Have seen others on this forum getting ~10%, but most were several months ago. Mainly wanting to know if getting an extra $2000-$2500 off is possible, or if what the dealer is telling me is true and this is as good as it’s going to get. I can negotiate on MF next.

Yes. You should shoot for at least 8% off MSRP before rebates.

Thank you! I walked away from the deal for now, maybe they’ll change their mind in a few days lol

But thats not all the incentives since you also have costco

Should be $9500 VCFS bonus cash rebate plus $500 affinity pin rebate. Unsure if the march madness is a dealer discount or something else, but there’s at least 10k in rebates.

Sounds like more like $11-12k, depending on how much costco is.

Trying to get down to what the actual dealer discount is.

That should just be similar to say supplier pricing with GM. It shouldn’t be a rebate. My quick math, the dealer is 2-3% off in MSRP discount.

I guess it just depends on how you look at it. It sounds like it’s a pre-negotiated discount off the invoice price regardless of which car you buy. Not all dealers offer it. Basically the same thing is going into a dealer and saying you’ll pay $1,800 less than invoice. Volvo not giving the dealer anything from accepting Costco deal…at least according to this dealer. Either way it sounds like there is still meat left on the bone and I just need to find a different dealer

I didn’t think Volvo was included in Costco auto program this month?

Might just be a dealer-specific thing. No official Costco discounts posted/available. It sounds like this is more like Ford’s X-plan, or Volvo’s a-plan pricing programs. Just a set price off of MSRP.

We can beat that deal! With affinity, you would get 16500 in discounts