Volvo XC90 Incentives for June 2017 in U.S.?

nnjtoyhighnnjtoyhigh Member Posts: 6
edited May 2017 in Volvo
With U.S. sales on the 2017 XC90 slumping so far YTD (as of April 2017), will Volvo provide better incentives for the XC90 starting in June? I believe that sales are down 36% year over year, YTD. They are focused on XC60 and V90, but XC90 is still the highest volume car for them in the U.S. I'm interested in purchasing the 2017 XC90 T6 Momentum with Momentum Plus, Vision and Convenience packages but I'm a bit scared off by the very low residuals as they are correlated with resale value. Can someone please explain why the XC90 residuals are so low, especially compared to the Audi Q7 and BMW X5?

Comments

  • kyfdxkyfdx Moderator Posts: 253,665

    With U.S. sales on the 2017 XC90 slumping so far YTD (as of April 2017), will Volvo provide better incentives for the XC90 starting in June? I believe that sales are down 36% year over year, YTD. They are focused on XC60 and V90, but XC90 is still the highest volume car for them in the U.S. I'm interested in purchasing the 2017 XC90 T6 Momentum with Momentum Plus, Vision and Convenience packages but I'm a bit scared off by the very low residuals as they are correlated with resale value. Can someone please explain why the XC90 residuals are so low, especially compared to the Audi Q7 and BMW X5?

    Your guess is as good as any, as far as incentives.

    Volvos typically have worse resale than BMWs, ergo lower residuals.

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  • nnjtoyhighnnjtoyhigh Member Posts: 6
    Thank you. What are the current May 2017 residuals for 2017 XC90, Q7 and X5? Say standard 36 months/10K miles. I wonder how that compares to say five years ago in 2012. It almost seems like the spread is wider now?
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