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2021 Volvo S60 Momentum Lease

Stevie_DStevie_D Member Posts: 10
edited January 2021 in Volvo
Would you please provide Residual, Money Factor and Lease Incentives for a 2021 S60 T5 Momentum in 33458?
36/12

Thanks!
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  • MichaellMichaell Moderator Posts: 269,281
    Stevie_D said:

    Would you please provide Residual, Money Factor and Lease Incentives for a 2021 S60 T5 Momentum in 33458?
    36/12

    Thanks!

    FWD or AWD?

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  • Stevie_DStevie_D Member Posts: 10
    FWD
  • Stevie_DStevie_D Member Posts: 10
    I/m being told 52% and 0.00030
  • MichaellMichaell Moderator Posts: 269,281
    Stevie_D said:

    Would you please provide Residual, Money Factor and Lease Incentives for a 2021 S60 T5 Momentum in 33458?
    36/12

    Thanks!

    Stevie_D said:

    FWD

    .00030 and 52%
    $4250 lease bonus

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  • Stevie_DStevie_D Member Posts: 10
    They are offering me 12,000mi / 36 mo
    $2000 Drive off
    $389 tax in
    MSRP $42,140
    I don't see how they got to that. Seems too good to be true, no?
  • MichaellMichaell Moderator Posts: 269,281
    Stevie_D said:

    They are offering me 12,000mi / 36 mo
    $2000 Drive off
    $389 tax in
    MSRP $42,140
    I don't see how they got to that. Seems too good to be true, no?

    Selling price?
    Cap cost?
    Breakdown of $2K drive off?

    Looks good, but without the details, it's hard to know if it could be better.

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  • Stevie_DStevie_D Member Posts: 10
    Selling price $34,200
    Inceptions $900
    rest Cap cost reduction
  • MichaellMichaell Moderator Posts: 269,281
    Stevie_D said:

    Selling price $34,200
    Inceptions $900
    rest Cap cost reduction

    Does the $900 include the first payment? Doc fee? Acquisition fee (which is $995 on its own)? DMV costs?

    An itemization from the dealer would go a long way to answering these questions.

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  • Stevie_DStevie_D Member Posts: 10
    They cam down to $369 tax in but want $2500 at inception. I don’t have any more specifics...
  • MichaellMichaell Moderator Posts: 269,281
    Stevie_D said:

    They cam down to $369 tax in but want $2500 at inception. I don’t have any more specifics...

    Without the details behind those numbers, there is much feedback we can give.

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  • Stevie_DStevie_D Member Posts: 10



  • MichaellMichaell Moderator Posts: 269,281
    Stevie_D said:




    Payment is good, relative to MSRP.

    But, $998 dealer fee? Wow.

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  • Stevie_DStevie_D Member Posts: 10
    What should it be?
  • Stevie_DStevie_D Member Posts: 10
    Or what should I go back at him with? $369 and $2000 drive off?
  • MichaellMichaell Moderator Posts: 269,281
    Stevie_D said:

    Or what should I go back at him with? $369 and $2000 drive off?

    Go back with whatever you want to counter with.

    I'd start by trying to get another $1000 off the cap cost, to offset that crazy high dealer fee.

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  • beemer123beemer123 Member Posts: 105
    Hi would like the incentives RV MF for a 24/10 and 36/10 T5 MOM in 92606, thank you!
  • MichaellMichaell Moderator Posts: 269,281
    beemer123 said:

    Hi would like the incentives RV MF for a 24/10 and 36/10 T5 MOM in 92606, thank you!

    FWD or AWD?

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  • beemer123beemer123 Member Posts: 105
    Michaell said:

    beemer123 said:

    Hi would like the incentives RV MF for a 24/10 and 36/10 T5 MOM in 92606, thank you!

    FWD or AWD?
    Would be great to get info on both, thank you!

  • MichaellMichaell Moderator Posts: 269,281
    beemer123 said:

    Michaell said:

    beemer123 said:

    Hi would like the incentives RV MF for a 24/10 and 36/10 T5 MOM in 92606, thank you!

    FWD or AWD?
    Would be great to get info on both, thank you!

    AWD - .00042 and 53% / 54% for 24/36 months and 10K (yep, 24 month residual is lower than 36)
    FWD - .00030 and 56% / 53%
    $3750 lease bonus

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