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Current MF & Residuals?

essessceeessesscee Posts: 2
edited May 31 in Volvo
Hi, I'm looking at 2020 V60 Momentums in 27609.

I was quoted 53% residual, with a money factor of .0009800 for 36 months with 12k miles.

I'd like to consider 36 months with 15k miles.

Currently they're looking for a model with specific features for me.

Is there anything you can tell me about good money factors these days on these?
Anything else I should know?
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Comments

  • kyfdxkyfdx Posts: 170,747
    essesscee said:

    Hi, I'm looking at 2020 V60 Momentums in 27609.

    I was quoted 53% residual, with a money factor of .0009800 for 36 months with 12k miles.

    I'd like to consider 36 months with 15k miles.

    Currently they're looking for a model with specific features for me.

    Is there anything you can tell me about good money factors these days on these?
    Anything else I should know?

    53% residual is correct for 36/12
    36/15 residual is 51%

    Base MF is .00058. Their quoted number is marked up for extra profit.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • NabiloNabilo Posts: 6
    What’s the money factor/residual/ incentives for a 2020 Volvo v60 Wagon please
    24/12 zip 33896
  • MichaellMichaell ColoradoPosts: 165,105
    Nabilo said:

    What’s the money factor/residual/ incentives for a 2020 Volvo v60 Wagon please
    24/12 zip 33896

    What trim level?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • NabiloNabilo Posts: 6
    T5 momentum
  • MichaellMichaell ColoradoPosts: 165,105
    Nabilo said:

    What’s the money factor/residual/ incentives for a 2020 Volvo v60 Wagon please
    24/12 zip 33896

    Nabilo said:

    T5 momentum

    .00058 and 59%
    $4250 incentives

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

This discussion has been closed.