I am looking at buying a 2019 XC90 Inscription with 4k loaner miles on it.
It looks like they are giving me 12.2 percent off plus a 5500 rebate.
I think this is pretty close to right but let me know if I should ask for more off with it being a loaner.
Thanks,
I’d push for 3-5% more.
MSRP 68680
Selling price 54775 including 5500 off rebate
3/30k lease
0 Down
MF .00144
1051 DAS including first month
Considering $800 mileage penalty, you get only 11% off.
Where does the mileage penalty show up ? I know you know Volvos better than anyone, what discount do you think I should be shooting for?
Lowers the residual value.
They gave me a screen shot of the lease with the residual value on it, at 59 percent. That would include the $800 hit right? $40,521 value.
Generally the sheet shows a percent and then additional $ knockdown for the loaner mileage.
Will show on the lease sheet as $800. Like mllcb42 said - around 16% or better.
Add msds? 1010
Do MSD’s always lower the MF automatically ?
Yes, that’s the purpose of applying them. The exception being if the mf is already so low they can’t got down further.
at how many miles on a loaner would you start to aim for 16%? If a 2020 had let’s say 100 miles on it?
If a 2020 had 100 miles on it, the car probably isn’t a loaner.
thanks - at what point is it truly considered a loner then? I’ve seen a few XC90s that are 2020’s listed as loaners by the dealership.
The dealership (likely) isn’t going to take a loaner out of their fleet with only a few hundred miles on it.
@Ursus is the expert, though.
It’s a loaner when dealer puts in loaner fleet. Qualifies for loaner cash at 3 mo/4.5k miles or 6 mo/6k miles. They can still sell it to you at anytime before, but not at the same discount. Most likely at the new car price or a few hundred better. One guy here got an XC60 loaner with 1,500 miles as new because it was not ripe yet.
Some dealers are punching loaners before they are qualified. Over marking the mileage on the lease contract. Ask me how I know this.
Must be desperate dealers as that is not only against VCFS’s policy, but also breaking the law.
Don’t they punch them first and then put them in the loaner fleet anyway? Has nothing to do with qualifying for the loaner cash.