Hi guys, can anybody chime in how can I find out the single pay MF for Volvo? Edmunds’ crew doesn’t know this info and dealers are quoting me completely arbitrary, high numbers. I am looking at 2019 Volvo XC40’s, where the RV is low and MF is obscenely high(MSDs don’t help much), but I can get about 13k off MSRP, so single pay option is by far the best option.
Afaik, there is no one pay discount on Volvo. Would be buy rate.
It appears they do?
Guy who knows nothing here. He asks, “Why wouldn’t it just be the total depreciation + fees + rent charges on RV?”
You’re half correct. It would be, but generally a one pay results in a reduced MF which lowers the rent charge amount.
I guess that makes sense. You’re effectively giving them 24-36 MSDs.
How does this impact the risk of a total loss during a lease? I’ve seen cautions about large down payments evaporating in total-loss events, but can’t find those threads to reference right now…