Volvo Incentives and Lease Deals for February 2023

Volvo does not currently offer any cash back rebates, but when it comes to leases, the 2023 Volvo S90 and XC60 offer OK value. The worst lease deals are on the 2023 Volvo V90 Cross Country and 2023 S60, you'll want to stay away from leasing these models.

Best Volvo Deals
Volvo Lease Deals Summary
The average Volvo lease payment during the past year was $796 per month (with $0 down payment), while the average 'Bang for Buck' was 68.
The current lease payment on Volvo vehicles averages $824 per month, which is 3% more expensive than the one year average, and 17% more expensive than the year ago low of $707

Best Current Volvo Lease Deals February 2023
Vehicle | Monthly Payment / $0 Down | ||||
---|---|---|---|---|---|
MSRP | Payment | Value | Best Region | Deals | |
Volvo S90 2023 | $58,095 | $737 /mo | OK | Multiregion | |
Volvo S60 Recharge Plug-in Hybrid 2023 | $55,045 | $727 /mo | OK | Multiregion | |
Volvo XC60 2023 | $51,095 | $669 /mo | OK | West Coast | |
Volvo V60 Cross Country 2023 | $49,895 | $699 /mo | OK | Nationwide | |
Volvo XC90 2023 | $64,995 | $931 /mo | OK | Northeast | |
Volvo XC60 Recharge Plug-in Hybrid 2023 | $62,545 | $913 /mo | Poor | Northeast | |
Volvo XC40 2023 | $43,845 | $632 /mo | Poor | Multiregion | |
Volvo XC90 Recharge Plug-in Hybrid 2023 | $75,195 | $1,111 /mo | Poor | Northeast | |
Volvo S60 2023 | $47,395 | $697 /mo | Poor | Multiregion | |
Volvo V60 Recharge Plug-in Hybrid 2023 | $71,645 | $1,067 /mo | Poor | Nationwide | |
Volvo C40 Recharge Electric 2023 | $57,945 | $894 /mo | Poor | Multiregion | |
Volvo XC40 Recharge Electric 2023 | $57,345 | $908 /mo | Poor | Multiregion | |
Volvo V90 Cross Country 2023 | $59,545 | $993 /mo | Poor | Nationwide |
Best Volvo Finance Deals
Vehicle | 60 mo | Deals |
---|---|---|
2023 Volvo XC90 | 6.99%
+$1,250 |
|
2023 Volvo XC90 Recharge Plug-in Hybrid | 6.99%
+$0 |
|
2023 Volvo XC60 | 6.99%
+$500 |
|
2023 Volvo XC60 Recharge Plug-in Hybrid | 6.99%
+$0 |
|
2023 Volvo XC40 | 6.99%
+$500 |
|
2023 Volvo XC40 Recharge Electric | 6.99%
+$0 |
|
2023 Volvo V90 Cross Country | 6.99%
+$0 |
|
2023 Volvo V60 Recharge Plug-in Hybrid | 6.99%
+$0 |
|
2023 Volvo V60 Cross Country | 6.99%
+$0 |
|
2023 Volvo S90 | 6.99%
+$0 |
|
2023 Volvo S60 | 6.99%
+$0 |
|
2023 Volvo S60 Recharge Plug-in Hybrid | 6.99%
+$0 |
|
2023 Volvo C40 Recharge Electric | 6.99%
+$1,750 |

Best Volvo Deals
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3 Steps Every Car Buyer Needs to Take to Save Maximum Money
The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:Step 1 Get Prices From My Trusted Network
Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).Step 2 Get Prices From TrueCar / CarsDirect
TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.Step 3 Complete my Checklist
Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan

Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid