XC60 T5 Momentum lease info

jmoore1776jmoore1776 Member Posts: 2
edited April 2019 in Volvo
XC60 T5 Momentum - Car has a ton of upgrades but it was a loaner, roughly 6k miles on it.
MSRP - 51,990
Adjusted Price 41,740
RV:58%
MF 0.00115(going to negotiate down)

1k due at delivery which includes first month payment. Payment is $500 a month all in. My question is what MF should I be targeting for central Florida? Is their anyway without putting more money down to get to 400 a month?

Thanks!

Comments

  • kyfdxkyfdx Moderator Posts: 207,825

    XC60 T5 Momentum - Car has a ton of upgrades but it was a loaner, roughly 6k miles on it.
    MSRP - 51,990
    Adjusted Price 41,740
    RV:58%
    MF 0.00115(going to negotiate down)

    1k due at delivery which includes first month payment. Payment is $500 a month all in. My question is what MF should I be targeting for central Florida? Is their anyway without putting more money down to get to 400 a month?

    Thanks!

    FWD or AWD?

    That looks like a pretty good quote.

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  • jmoore1776jmoore1776 Member Posts: 2
    FWD
  • MichaellMichaell ColoradoModerator Posts: 206,217

    XC60 T5 Momentum - Car has a ton of upgrades but it was a loaner, roughly 6k miles on it.
    MSRP - 51,990
    Adjusted Price 41,740
    RV:58%
    MF 0.00115(going to negotiate down)

    1k due at delivery which includes first month payment. Payment is $500 a month all in. My question is what MF should I be targeting for central Florida? Is their anyway without putting more money down to get to 400 a month?

    Thanks!

    FWD

    36/10 lease numbers are .00080 and 58%, with $2500 in incentives

    There will be an adjustment to the residual value due to the miles; we don't have the formula Volvo uses, however.

    Start with the MF; that will save you $20-25/mo, right there.

    I'd also ask the dealer for the adjusted cap cost they are using for their quote; if higher than the selling price, get a full breakdown of what's been added.

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