Volvo XC60 This smaller crossover offers the capabilities of an SUV with less size - ideal for city driving.

XC60 2016 low True Market Value

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Old 09-16-2016, 04:24 AM
haunter8's Avatar
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Question XC60 2016 low True Market Value

Hi folks,

According to Edmunds, a 2016 T5 with 45k MSRP only has a True Market Value of 38k... I don't think I've ever seen such a gap on a new car.

Seems like the XC60's are not selling well at the moment with dozens left on the lot (in addition to the 2017s). This appears to allow for a sweet lease deal but is there something I am missing? Why are these cars not selling? It doesn't even seem like the 2017 models bring any significant improvements...

I'm an expat going to be in the US for 2 or 3 years so the plan is to lease for 24 months with the possibility of "having to" buy the car at the end of the lease and so I want to be sure I won't regret choosing an XC60 with a residual of 25k in 2 years.

Thanks,
/david
 
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