Would anyone be able to help me with a target discount range from MSRP after all incentives/promotions have been applied on a 2018 Volvo XC60? I realize this can depend on what one qualifies for so providing a range is perfectly fine. This is the only part of the deal I’m struggling with before starting my negotiations. I searched the threads here, but couldn’t find a concrete answer.
i read “target” in the headline thinking as in the store “target” then thinking to myself “hmmm I guess target wants to compete with Costco”…then i slapped myself out of it…
I really didn’t see anything specifically related to the XC60 however. I thought the target discount kind of depended on how the car model/year is selling more than just the brand itself? Is that not the case?
They told me it was a $1,000 rebate on the T5. I thought it was $500 on T5 and $1,000 on T6. Anywho it was whatever was offered for lease cash, as I did NOT have a loyalty rebate.
So, $1K = 2%. Not sure if yours was NE deal, but there was extra $1K cash there last month on XC60, but I think on T6. Also dealers were getting extra $150 per car there. Volvo threw a lot of incentives on XC60 in NE in May. In any case, good discount but not 17% off before incentives.
I don’t think so, but whatever. Don’t know what the incentives were for Florida, maybe even higher, but you don’t know the breakdown or the selling price before any incentives either.
Edit: Just another possibility - it was a punched car (still new and never driven as a demo or loaner) and the dealer passed $2,100 (4%) they receive from Volvo on to you. But that is if you didn’t have A-plan.
Here you go. I just don’t remember all the details, like I said, but remember that there was no clear breakdown of the deal. I think I even mentioned that 17% must have included incentives or some other cash.
You people are 2 funny. What does putting money down have to do with vehicle selling price? As far as what the dealer “passed” down to me, it’s still a discount off MSRP they did not have to give up. Like I said before if anyone can share a equal or better deal, please post and help the community. BTW Here is part of my buyers guide 17% off msrp
His 39k (17% off) gross cap cost includes 4k down, no? And in his post he calls it “selling price”. So, technically, his selling price is 39k + 4k + 1k = 44k. And his actual discount is about 7%. That’s how I understand it.
Reviewing @13_F150’s contract and his previous Shared Deals thread, the sales price was $39174.39. He capped the acq fee and some optional protection product, bringing the gross cap cost to $40582.39. He actually didn’t do $4k down payment. It was $4k due at signing, with $2051.27 being down payment (CCR) and the remaining $1948.73 covering drive-offs. So, his sales price (including any hidden incentives, dealer cash/allowance, etc) was in fact 17% off MSRP.