Hi, I’m looking to take advantage of recent the Volvo incentives. The only local dealer got back to me with a 4000mi loaner V60 51k msrp for 13% off msrp. He also had some dealer installed options I’m going to need to have removed, but what would be a reasonable pre-incentive discount off msrp? I feel a couple thousand additional off (~17%) would make it a good deal, and getting to 20% would make it a great deal.
edit: I should add dealer quoted 55/54% for residual on 7500/10000, but from the lease calculator it looks like 54.5/53.5% so maybe the dealer rounded?
16-17% on a loaner is good. There are no “dealer installed” options on Volvo, it is not Honda. Whatever they have there should be removed. RV $$ amount is adjusted for mileage penalty, so it is lower than the actual.
It usually is slightly adjusted, but having a higher discount can more than make up for it. @Ursus correct me if I am wrong, but the tipping point seems to be at the 6,000 mile mark.
The RV of the V60 is very close to S60. The XC90 has higher residuals (check Edmunds), so see what kind of discount you can get (search for forum).
OK, found a couple 2019 V60 loaners as well, are these still eligible to lease? I may run out of warranty on a 36mo before the lease ends. If eligble, what type of pre-incentive discount should I expect?
I really appreciate everyone’s assistance on my first ever lease.