Volvo Equity + new lease


I’m in South Florida. I received an offer from Volvo to turn in my car for a new lease and they’ll waive remaining months (about 5 months left) plus incentives for the new lease “up to $3,250”, offer ends March 31st. Based on an Edmunds quote and caravana prices vs my RV, equity is at 9-11k.

Car is S60 interested in new 2022 (yes 2022) XC60 or XC90

Whats the best strategy to follow? Anyway I can cash the equity and take the leasing offer? Or will I have to wait for the lease to end, buy then sell and miss the promotion? If I take the offer I loose the equity?


2 posts were merged into an existing topic: “Should I buy out my lease?” super-thread