Hawaii Volvo Car Dealers

HI, HELP! Went today for the Costco deal of the day at Volvo in Fremont, CA. Got all the stuff- $500 under invoice, $500 additional Costco incentive, 4250 lease incentive. MSRP 42350 (37,700 base, plus had metallic paint, climate, bluetooth, AWD, and he added 250 for fun) which totalled the 42350 Invoice on all this was 40,042 39% residual, 36 month lease, 12K miles/yr Money Factor: .00230 Monthly payment including 9.75% CA tax= 604.17 Drive off= 4885.22 (2499. cap cost reduction, initial fees 976.75, annual fees (DMV) 470, tax 2267.42) Going in, I told them I wanted a payment around $500 and drive off 1K or less. What's wrong with this picture?!?!?!? I walked away and they couldn't have cared less. I really want this car. I have an ML350 that I hate, lease up in 3 months, and want a 3rd row seat. Any advice is appreciated!

HI, HELP! Went today for the Costco deal of the day at Volvo in Fremont, CA. Got all the stuff- $500 under invoice, $500 additional Costco incentive, 4250 lease incentive. MSRP 42350 (37,700 base, plus had metallic paint, climate, bluetooth, AWD, and he added 250 for fun) which totalled the 42350 Invoice on all this was 40,042 39% residual, 36 month lease, 12K miles/yr Money Factor: .00230 Monthly payment including 9.75% CA tax= 604.17 Drive off= 4885.22 (2499. cap cost reduction, initial fees 976.75, annual fees (DMV) 470, tax 2267.42) Going in, I told them I wanted a payment around $500 and drive off 1K or less. What's wrong with this picture?!?!?!? I walked away and they couldn't have cared less. I really want this car. I have an ML350 that I hate, lease up in 3 months, and want a 3rd row seat. Any advice is appreciated!

HI ellisn03. It is difficult for me to tell how good a deal this is without knowing either this truck's MSRP or its dealer invoice price. These numbers will show me how much of a discount or how much over invoice you are paying for this vehicle. Plus it will enable me to use Volvo Finance's current lease program to work up a monthly payment to compare to the one that you mentioned. Let me know what this number is and I'll tell you what I think. You can look up the MSRP and invoice price for this model right here at Edmunds.com by visiting the New Vehicle Pricing section of this site. Car_man Host Prices Paid: Buying & Leasing Experiences Forum

HI Car Man, The MSRP 47520. Thanks for the response. Javafan1

HI What is the money factor and residual value for a V50 in NY with 15K per year and a 36 or 39 month lease. I read in Automotive News that dealers are getting up to $2250 in incentives. I had that confirmed with a salesman. Thanks RXKE