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2018 Volvo XC40 money factor and residual, Colorado area?

hoyas3303hoyas3303 Posts: 8
edited April 15 in Volvo
Hi - can you share the current MF and RV for XC40 T5 R-Design in Denver, Colorado?
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Answers

  • kyfdxkyfdx Posts: 88,588
    hoyas3303 said:

    Hi - can you share the current MF and RV for XC40 T5 R-Design in Denver, Colorado?

    36/15
    .00007 MF and 59% residual

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  • hoyas3303hoyas3303 Posts: 8
    Thank you but I failed to qualify... for 36/39 and 10K per yr.
  • kyfdxkyfdx Posts: 88,588
    hoyas3303 said:

    Thank you but I failed to qualify... for 36/39 and 10K per yr.

    .00007 MF and 62%/58% residual for 36/39 mo.

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  • hoyas3303hoyas3303 Posts: 8
    Thank you!
  • hoyas3303hoyas3303 Posts: 8
    Last Q: Where do these numbers come from? My dealer is offering me a MF of .00098, despite having an excellent credit score. What gives?
  • kyfdxkyfdx Posts: 88,588
    hoyas3303 said:

    Last Q: Where do these numbers come from? My dealer is offering me a MF of .00098, despite having an excellent credit score. What gives?

    They are the base rates from Volvo Finance.

    Dealers can markup the rate for extra profit.

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  • hoyas3303hoyas3303 Posts: 8
    Got it, thank you. Is base rate the same as "buy rate", and is it common to attempt to push the dealer back down to this figure?
  • kyfdxkyfdx Posts: 88,588
    hoyas3303 said:

    Got it, thank you. Is base rate the same as "buy rate", and is it common to attempt to push the dealer back down to this figure?

    Yes... base rate = buy rate.

    It's common, if you want a good deal.

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  • peanut308peanut308 Posts: 12
    How much does the MF vary month by month?
  • kyfdxkyfdx Posts: 88,588
    peanut308 said:

    How much does the MF vary month by month?

    It's variable.. ;)

    Seriously, we don't know. But, the money factor is fairly low, now.

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