There’s $2000 allowance rolled into your discount amount in addition to the Costco incentive. Puts you at 10.3% pre-incentive, which is good if it’s at buy rate.
2020 Volvo XC90 T6 Momentum AWD
New Jersey
MSRP - 59,490
CAP Cost is $51,399
Inc. Costco Incentives
36 months/12k miles
Drive-off - $2897 (including first months payment, etc)
Pre Money factor - .00148
New MF: 0.00091
Residual - 60%
Monthly - $512 With NY Tax plus $2897 including first month payment + $5500 MSDS
Total Lease Cost- $20,887
I do not have a lease calc, if someone can please replicate this deal on a calc, much appreciated.
You’ll want to be sure to get the incentives from Edmunds or Volvo’s website besides just Costco to separate out the pre-incentive discount for comparison sake against other deals.
Hi there! Do you mind sharing which dealer in NJ? I’ve probably already connected with them regarding a deal, but perhaps not…I’m really having a hard time getting any Volvo dealer to do 11% pre-incentive, so this might be a good tactic to start. Thank you!