Signed: 2020 Volvo S60 T5 Momentum FWD (Loaner)

Signed Deals & Tips
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Hello everybody,

So it took a little bit of back and forth, but this is the deal I ended up signing on a 2020 Volvo S60 loaner (5,500 miles). The dealer fees, tag fees, and titling fees all got negotiated into the monthly payment for this one. Hopefully this helps people if I ended up with a “Hack’d” lease, and please feel free to tell me if this one didn’t work out well for me.

Year, Make, Model, and Trim: 2020 Volvo S60 T5 Momentum (Loaner)
MSRP: $40,490
Selling Price: $28,700
Monthly Payment: $300
Drive-Off Amount: $0
Months: 36
Annual Mileage: 12,000
MF: 0.00086
Residual: 52%
Incentives: $2000 Volvo Allowance (this was in addition to the selling price)

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This is the kind of first post I like to see, somebody putting the work in and getting themselves a great deal. Where are you located?

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Don’t forget to get the $500 bonus drive post-sale rebate.

Allstate.bonusdrive.com

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Thank you! I am located in SE region.

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Thank you for letting me know! Are there any specifics to the program, such as do I need to have Allstate as my insurance provider?

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Nope. Bonus drive normally requires membership with the affiliate, but Allstate specifically allows non members, so it’s open to all.

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That’s great to know. I will look into that. Thank you again.

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Amazing deal :+1:

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I don’t think loaners are allowed for bonus drive. Needs to have less than 1k miles.

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Ah yes, you are correct. I forgot. @volvo1, sorry for getting your hopes up

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Great discount. Congrats.

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MSRP $40,490 --> $26,700 --> 33% off MSRP --> Nice deal

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Enjoy it and nice price!

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That payment include bonus drive $500?

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13 posts were merged into an existing topic: Off Topic Landfill

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He hacked it for less than a midrange accord or Camry.

He’s in the south east region.

FWD Vos w snows perform very well

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Unfortunately, it is. I wish they would have made an AWD T5 platform for the S60 though, as I would have probably went with that.

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Thank you! Still glad that I have some all-weather capabilities on my S60.

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Not leather, but leatherette. However, I am extremely pleased with the quality and comfort of the material so far, so there are no down sides as far as I can see.

Was there a deal with an S60 with leather at that price? I would definitely have signed that one, but I wasn’t able to find anything like that.

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It was not included in the payment. I believe it is a post-sale rebate as mentioned by @mllcb42 earlier in this thread.