Is it the best deal? No, but it’s a “1% deal” and it’s the car I wanted. I did not cross shop any other vehicles. I wanted a V60 and only a V60. The discount was strong (16% with incentives) and the MF super low. I didn’t do MSDs because it would only have saved me about $700 over the lease, and that $3500ish in MSDs will get me a better return elsewhere.
I also somehow had positive equity(!!!) in my Audi A4 lease with seven months to go, and sold it to a local Audi dealer and made about $800. Loved that car, it treated me well and Audi makes great vehicles, but I wanted a proper wagon.
Year, Make, Model, and Trim: 2021 Volvo V60 T5 Inscription
Selling Price: $42,210
Monthly Payment: $490
Drive-Off Amount: $0
Annual Mileage: 10,000
Incentives: $3500 lease cash
Volvo has ended V60 and XC40 production for 2021 (I guess due to the chip shortage? They are both built at the same line in Belgium) and inventory is dwindling so I wanted to bite while I still could. The Inscription leases the best of the three. The Momentum leases horribly because its MF is pretty high. A Momentum with Navigation package would have satisfied what I was looking for, but it would have been more expensive to lease, so moving up to the Inscription was a no brainer.