Hello Friends,

Working on two deals with the local Volvo dealer here. Can you have a look and let me know if these are good deals? Thanks in advance. Unfortunately, I couldn’t find out the pre-incentive sale price and other such breakups.

The first one is FWD.

MSRP: $47410

Sale Price: $39872

MF: .00051, Residual: 57% (Edmunds verified), 10 MSDs

36 mos, 7.5K

Monthly payment with tax: $437. The dealer is insisting on a down payment of $1400. According to them, it covers Acquisition Fee, Upfront Taxes, First month payment.

I’d have preferred not to pay anything but the first month payment, but they are not budging. Not sure how the down payment can be a round number if that’s the sum of those three amounts. Unable to get a clear answer. Apparently that’s how the system works. Is that so? Will they mention that on the agreement what the Down Payment consists of and also the fact that I’ll only pay the monthly payment of $437 thereafter for 35 months? I mean if I am not paying some of the fees upfront, then they’ll have to be rolled into monthly payment, right?

Put the above info into LH Calculator and the number came pretty close.

However, I am more interested in the AWD one.

MSRP: $48960

Sale Price: $40650

MF: .00089, Residual: 57% (Edmunds verified), 10 MSDs

36 mos, 7.5K

Monthly payment with tax: $459. The dealer is insisting on a down payment of $1600.