XC90: Need help verifying Residual & MF

mwlim13mwlim13 Member Posts: 2
edited May 2016 in Volvo
Hi There - I live in the BayArea (CA) and am speaking to a dealership about leasing a 2016 T6 Momentum + . For a 36 month lease with 10,000 miles I was quoted a residual value of 56% and a MF of .00075.

Can someone let me know if these figures are in line with the rest of the market? Thanks!
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  • MichaellMichaell Moderator Posts: 252,255
    mwlim13 said:

    Hi There - I live in the BayArea (CA) and am speaking to a dealership about leasing a 2016 T6 Momentum + . For a 36 month lease with 10,000 miles I was quoted a residual value of 56% and a MF of .00075.

    Can someone let me know if these figures are in line with the rest of the market? Thanks!

    We haven't seen any lease numbers from Volvo in several months, sorry.

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  • kash922kash922 Member Posts: 16
    I just visited a dealership in MD who just quoted me a 57% residual and .00061 MF on the momentum 36/10.


  • mwlim13mwlim13 Member Posts: 2
    Update: Dealership updated the numbers and are quoting a 57% residual but the MF went up to .00091
  • MichaellMichaell Moderator Posts: 252,255
    mwlim13 said:

    Update: Dealership updated the numbers and are quoting a 57% residual but the MF went up to .00091

    That's common - MF and residual tend to move in the same direction. Keeps the monthly payment roughly the same.

    Edmunds Price Checker
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