2020 Volvo XC90 T5 Momentum AWD
Connecticut
MSRP - 56,205
CAP Cost is $48,250
36 months/10k miles
Cash Down - $3,500 (including registration, first months payment, etc)
Incentives - $2,500 incentives + $500 off for being current volvo customer
money factor - .00193 (edmunds said . 00173)
Monthly - $539
Also, because of the interest rates going down… does this impact the factor rate?
Thanks for all the feedback. Still new with all of this so sorry if I’m doing this wrong. Let me know if you need more info.
$56,205 - MSRP
"We own it for $53,466 "
“$2,500 in incentives to you.”
“Selling price of $49,000 puts us at -$2,000 below our cost and a $7,200 discount.”
I assume he means their cost $53,466 - $2,500 in incentives puts it around $51k, which is $2k above their selling price to me of $49k (not including loyalty discount)