NEW 2023 Volvo S60 B5 AWD Dark Theme (no demo)
Contract shows:
36/7.5k
MSRP: $49,940
Discount: 14.59%
Selling Price: $42,652
Rebates: $1,500 (Loyalty $500, $1,000 Costco)
RV: 54%
MF with MSD: 0.00102 (APR: 2.45%)
Doc Fee: $989
MSDs: $5,000
Equity: $3,800
Effective Monthly: $570
Monthly with Tax: $452
DAS: First month + MSDs
Contract shows $5,700 (not sure why) but I only paid $5,452
Arriving at the dealership on Firday June 30th at 8pm
I initially negotiated 12% discount only but asked for the available Bonus Lease of $1,000, totaling $2,500 in rebates.
MF was supposed to be 0.00046 (APR: 1.1%) with max MSDs, but I knew once we agreed on the monthly payment, they would play with the numbers in the back as they see fit. For instance, I had an appraisal of only $3,211 of Equity initially but they put $3,800 in the contract (It’s a 2020 Volvo S60 T5 Momentum). Also, they removed the Bonus Lease and added their own discount.