Volvo XC60 Demo - impact on "discount" MF/RV?

I’ve been looking at an XC60 at a local dealer that has been on the lot for at least 60 days. On March 1 the listing changed to “loaner/demo” with no mileage listed and no change to price (MSRP).

In the crazy new world, is it reasonable to expect a discount from MSRP on a loaner/demo? Does the dealer get any support from Volvo on a loaner/demo such that its margin is better, assuming it sells at MSRP and assuming non-loander/demos are also selling at MSRP?

Also, does VCFS change the base MF or RV for loaner/demo?

Thanks

@AutoCompanion offers 7% off on his loaners, so the answer is yes. This discount includes dealer’s loaner cash.
Volvo doesn’t change RV %, but lowers the RV by $0.20 x loaner miles.

2 Likes

@Ursus is correct. Please let us know if you are interested in a quote. We still have a few loaners left.

1 Like

Thanks guys, very much appreciate the insights, particularly the impact on RV. To avoid any misunderstandings, I’m looking to lease from my local dealer - and totally understand if you don’t want to disclose any “inside baseball” info under those circumstances. A few more specific questions:

  1. My recollection is that BMW did a mileage reduction to RV on demos only over a certain mileage, maybe 7500. Is Volvo’s RV reduction from mile 1?

  2. Does the current $2000 loyalty apply to loaner/demo?

  3. Does Volvo give the dealer specific support/discount for putting a car in the loaner/demo category - meaning any support/discount different from new vehicle? Maybe larger holdback %, advertising dollars, etc?

  4. Is VCFS base MF same for loaner/demo as new?

thanks

This topic was automatically closed 60 days after the last reply. New replies are no longer allowed.