Well I went to a dealer today to test drive the car. It really is a nice luxury EV.
Then the shenanigans started.
I want to lease the car as I have done in the past. I understand that in order to get the Federal and State tax credits it goes to the owner of the car so Volvo Finance or the dealer would get the credit. The SA told me the credit is only $3500, but according to Federal guidelines it is $7500, so he shows me that as a credit/discount on the car but I have to wonder if they get the $7500, pass on $3500 and keep the $4000. They also have $995 listed as an “Acquisition” fee. What is that? The destination charge is already in the price as seen on the window sticker.
Has anyone bought/leased one and what was your experience.?
thanks.
Then the shenanigans started.
I want to lease the car as I have done in the past. I understand that in order to get the Federal and State tax credits it goes to the owner of the car so Volvo Finance or the dealer would get the credit. The SA told me the credit is only $3500, but according to Federal guidelines it is $7500, so he shows me that as a credit/discount on the car but I have to wonder if they get the $7500, pass on $3500 and keep the $4000. They also have $995 listed as an “Acquisition” fee. What is that? The destination charge is already in the price as seen on the window sticker.
Has anyone bought/leased one and what was your experience.?
thanks.