# Signed: 2020 Volvo S60 T5 Momentum (Loaner) - $242/month + $4,300 DAS 36/12 **URL:** \ **Category:** Signed Deals & Tips\ **Tags:** volvo, fl\ **Created:** [February 7, 2021, 12:01am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122 "2021-02-07T00:01:36Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![skyway18](https://leasehackr.b-cdn.net/letter_avatar/skyway18/32/5_5575768a8748004e209b776fc1b2916d.png) [@skyway18](https://forum.leasehackr.com/u/skyway18)\ **Post date:** [February 7, 2021, 12:01am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/1 "2021-02-07T00:01:36Z")
Year, Make, Model, and Trim: 2020 Volvo S60 T5 Momentum (Black, Loaner with 6,375 miles) Options: Premium Package, Linear Lime Decor Inlay, 19" 5-V Spoke Tinted Silver Wheel MSRP: $ 40,495 Selling Price: $ 28,929 Monthly Payment: $ 242 (tax included) Drive-Off Amount: $ 4,300 (trade-in) Months: 36 months Annual Mileage: 12,000 miles MF: 0.00001 Residual: $17,413 (43%) Incentives: 0 Region: Florida Leasehackr Score: 14.2 years Leasehackr Calculator Link: > **[Leasehackr Calculator - Hack your next lease | Leasehackr](https://leasehackr.com/calculator?make=Volvo&miles=12000&msd=0&msrp=40495&sales_price=24629.63&months=36&mf=0.00001&dp=0&dealer_fee=0&acq_fee=995&taxed_inc=0&untaxed_inc=0&rebate=0&resP=43®_fee=0&sales_tax=6&demo_mileage=0&memo=undefined&monthlyTax_radio=true&bmw_demo_25=true&dealerFee_check=false&govFee_check=false)** > > Score the best deal with real-time lease and finance data on demand and the ultimate lease/finance calculator trusted by America’s expert leasing community. 2013 Volkswagen Jetta Base Miles: 96,000 miles Sell Price: $ 4,300 I wanted to sell my Jetta before reaching 100k so I’ve been looking for a new car. This was my first time leasing a car and I think I made a great deal. The first dealership offered $250/month (also a loaner car with fewer miles), I reached out to different dealers in Florida and they told me this is already a good deal so they can’t match the price. But this dealership decided to match the price to $240/month. I traded in my VW Jetta ($4,300). The people at the dealership were very friendly and I’m happy with my new car. ![IMG_0021](https://leasehackr-assets.b-cdn.net/original/3X/a/6/a622c08b77d71d31aa317756f07741f0808ef8a6.jpeg) ---
**Author:** ![Gearhead](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/gearhead/32/22582_2.png) [@Gearhead](https://forum.leasehackr.com/u/Gearhead)\ **Post date:** [February 7, 2021, 12:06am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/2 "2021-02-07T00:06:33Z")
$4300 trade in is essentially your down payment / CCR. ---
**Author:** ![mllcb42](https://leasehackr.b-cdn.net/letter_avatar/mllcb42/32/5_5575768a8748004e209b776fc1b2916d.png) [@mllcb42](https://forum.leasehackr.com/u/mllcb42)\ **Post date:** [February 7, 2021, 12:09am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/3 "2021-02-07T00:09:10Z")
> [@skyway18](#): > > Selling Price: $ 28,929 - $ 4300 = $24,629 (39.2% off MSRP) Can you clarify this? It appears that you’re listing the selling price as the selling price minus incentives minus trade equity. What was your actual selling price? ---
**Author:** ![skyway18](https://leasehackr.b-cdn.net/letter_avatar/skyway18/32/5_5575768a8748004e209b776fc1b2916d.png) [@skyway18](https://forum.leasehackr.com/u/skyway18)\ **Post date:** [February 7, 2021, 12:13am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/4 "2021-02-07T00:13:20Z")
> [@LH Calculator and how to use it](https://forum.leasehackr.com/t/lh-calculator-and-how-to-use-it/246415): > > One of the more common posts we see here are from people trying to utilize the [LH Calculator](https://leasehackr.com/calculator/) and struggling to get the correct numbers. More often than not, this is the result of user error, so let this be a guide on how to use the calculator and what values go where. With that said, a few starting notes. Read these 3 times before continuing: The calculator is not perfect, there are some limitations in how things are calculated. Do not expect to match an offer perfectly. There are often diffe… $ 28,929 was the selling price and $4,300 was the trade-in. I didn’t know where to put the value for trade-in and I just applied in selling price after reading this forum. ---
**Author:** ![mllcb42](https://leasehackr.b-cdn.net/letter_avatar/mllcb42/32/5_5575768a8748004e209b776fc1b2916d.png) [@mllcb42](https://forum.leasehackr.com/u/mllcb42)\ **Post date:** [February 7, 2021, 12:22am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/5 "2021-02-07T00:22:00Z")
Rolling it into the selling price for the purpose of making the calculator output a monthly is fine, but that doesn’t mean it is reduced from the selling price. In this case, it’d be better to look at the $4300 as money due at sale, making this deal $242/mo with $4300 das that you happened to pay with trade equity rather than cash, instead of $242/mo with $0 das. How much in incentives were rolled into that selling price? One of the main uses of the shared deal listings is to give data for others to compare pricing, so having accurate pre-incentive discount information for others to reference is the goal here. ---
**Author:** ![skyway18](https://leasehackr.b-cdn.net/letter_avatar/skyway18/32/5_5575768a8748004e209b776fc1b2916d.png) [@skyway18](https://forum.leasehackr.com/u/skyway18)\ **Post date:** [February 7, 2021, 12:24am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/6 "2021-02-07T00:24:08Z")
Okay. I made a correction ---
**Author:** ![skyway18](https://leasehackr.b-cdn.net/letter_avatar/skyway18/32/5_5575768a8748004e209b776fc1b2916d.png) [@skyway18](https://forum.leasehackr.com/u/skyway18)\ **Post date:** [February 7, 2021, 12:26am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/7 "2021-02-07T00:26:20Z")
Yeap. I made a correction ---
**Author:** ![mllcb42](https://leasehackr.b-cdn.net/letter_avatar/mllcb42/32/5_5575768a8748004e209b776fc1b2916d.png) [@mllcb42](https://forum.leasehackr.com/u/mllcb42)\ **Post date:** [February 7, 2021, 12:43am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/8 "2021-02-07T00:43:20Z")
Note that your selling price here is not $28929.63, it’s the agreed on price of $26239.68 with the incentives (which appear to be $7000 in most regions currently) backed out, so $33239.68. That’d put you at 18% pre-incentive discount, which is a solid deal. ---
**Author:** ![volvo1](https://leasehackr.b-cdn.net/letter_avatar/volvo1/32/5_5575768a8748004e209b776fc1b2916d.png) [@volvo1](https://forum.leasehackr.com/u/volvo1)\ **Post date:** [February 7, 2021, 1:13am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/9 "2021-02-07T01:13:37Z")
Great deal. I wouldn’t factor the Jetta trade as discount, but rather as a cap cost reduction. Still, 18% pre-incentive is great. Which dealer by the way? ---
**Author:** ![Ursus](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/ursus/32/4944_2.png) [@Ursus](https://forum.leasehackr.com/u/Ursus)\ **Post date:** [February 7, 2021, 3:04am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/10 "2021-02-07T03:04:06Z")
Not a great deal with $4,300 down on a pretty base S60 loaner with 6k+ miles, IMO. $385/mo effective payment… But $242/mo does look good. ---
**Author:** ![TheBigTuna](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/thebigtuna/32/261077_2.png) [@TheBigTuna](https://forum.leasehackr.com/u/TheBigTuna)\ **Post date:** [February 7, 2021, 3:23am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/11 "2021-02-07T03:23:30Z")
I was gonna say… base T5 S60’s loaners are around $300 all in. With loyalty etc 18% off is ok, but a 2020 loaner with 6k miles should’ve atleast been over 20% Finally, I’ve would’ve asked them to cut you a check instead of applying that 4300 towards CCR. ---
**Author:** ![Ursus](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/ursus/32/4944_2.png) [@Ursus](https://forum.leasehackr.com/u/Ursus)\ **Post date:** [February 7, 2021, 4:20am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/12 "2021-02-07T04:20:28Z")
18% off is very good, if true. The deal is not, however. It is probably close to a 1 year old loaner ---
**Author:** ![skyway18](https://leasehackr.b-cdn.net/letter_avatar/skyway18/32/5_5575768a8748004e209b776fc1b2916d.png) [@skyway18](https://forum.leasehackr.com/u/skyway18)\ **Post date:** [February 7, 2021, 4:27am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/13 "2021-02-07T04:27:42Z")
Yeah, that might be true but I wasn’t expecting to get $4300 as the value of my vw. I had an ABS warning light on and the headliner needed a repair. When I checked on KBB it was around $3,000 ![63114901283__3BD39344-1A95-43EC-A807-1D411C44EC38.](https://leasehackr-assets.b-cdn.net/original/3X/5/b/5b38b66cf665bb42863d05868f6fd60de4b5d50b.jpeg) The first dealer valued $4,128 and I showed this quote to the second dealer and we just negotiated about the final monthly payment. We didn’t negotiate the value of my car. Maybe the second dealer increased to $4300 to make it $242/month. idk we just agreed on the monthly payment. I just wanted to trade in my car and get a monthly payment low as possible. ---
**Author:** ![skyway18](https://leasehackr.b-cdn.net/letter_avatar/skyway18/32/5_5575768a8748004e209b776fc1b2916d.png) [@skyway18](https://forum.leasehackr.com/u/skyway18)\ **Post date:** [February 7, 2021, 4:37am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/14 "2021-02-07T04:37:50Z")
i sent you pm ---
**Author:** ![skyway18](https://leasehackr.b-cdn.net/letter_avatar/skyway18/32/5_5575768a8748004e209b776fc1b2916d.png) [@skyway18](https://forum.leasehackr.com/u/skyway18)\ **Post date:** [February 7, 2021, 4:40am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/15 "2021-02-07T04:40:25Z")
Thank you! ---
**Author:** ![Ursus](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/ursus/32/4944_2.png) [@Ursus](https://forum.leasehackr.com/u/Ursus)\ **Post date:** [February 7, 2021, 4:52am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/16 "2021-02-07T04:52:22Z")
Just enjoy your Volvo, it is way better than your VW. What is “pre-delivery service fee”? Dealer fee or something on top of it? ---
**Author:** ![skyway18](https://leasehackr.b-cdn.net/letter_avatar/skyway18/32/5_5575768a8748004e209b776fc1b2916d.png) [@skyway18](https://forum.leasehackr.com/u/skyway18)\ **Post date:** [February 7, 2021, 4:54am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/17 "2021-02-07T04:54:07Z")
Yes. I’m enjoying my Volvo. Thanks! ---
**Author:** ![max\_g](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/max_g/32/9426_2.png) [@max\_g](https://forum.leasehackr.com/u/max_g)\ **Post date:** [February 7, 2021, 5:12am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/18 "2021-02-07T05:12:27Z")
It’s Florida. There’s a fee for charging you a fee. ---
**Author:** ![AutoCompanion](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/autocompanion/32/90583_2.png) [@AutoCompanion](https://forum.leasehackr.com/u/AutoCompanion)\ **Post date:** [February 7, 2021, 5:14am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/19 "2021-02-07T05:14:39Z")
Fee, for charging you a fee to charge you a fee. Pre delivery fee to charge you a documentation fee to charge you an electronic filing fee. ---
**Author:** ![Benedetto](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/benedetto/32/260591_2.png) [@Benedetto](https://forum.leasehackr.com/u/Benedetto)\ **Post date:** [February 7, 2021, 5:31am UTC](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122/20 "2021-02-07T05:31:35Z")
It’s doc fee - notice they also charge a fee on top of reg, just to do your reg. [Next page](https://forum.leasehackr.com/t/signed-2020-volvo-s60-t5-momentum-loaner-242-month-4-300-das-36-12/333122.md?page=2)