Last post on Aug 22, 2013 at 10:28 AM
You are in the Volvo S60
What is this discussion about?
Volvo S60, Volvo S60 R, Sedan
#1491 of 3081 Power Steering Clamp
Jan 28, 2004 (4:51 pm)
I own two Volvo's, a 2001 XC with 65,000 miles and a 2003 S60 T5 with 13,000. About two weeks ago I found fluid on my garage floor under the 60. When I brought it in they told me that there was a defective clamp associated with the power steering system that caused a leak. Fixed under warranty.
Monday I found the same fluid under the XC. Brought it in and guess what, a defective clamp associated with the $51.00 to replace the defective clamp.
What I want to know is why do I have to pay for a "defective" part? Anyone else having this problem with leaking power steering fluid or do I just happen to own two different cars from the same company coincidently with the same problem?
Jan 29, 2004 (5:03 am)
What is that $3500 customer cash you speak of? I don't see it here on Edmunds. Is that a factory rebate or is that how much the dealer is knocking off MSRP for you?
Also, i wanted to comment on that residual. That is pretty harsh. Just comparing to some lease deals I've seen on Hondas lately (one of which was a 4-year deal on a CRV we got for my sister), they are giving 52% after 4 years. Volvos are really getting hit hard. Makes me want to stay away from buying new ones. Oh well.
Jan 29, 2004 (10:59 am)
Dealer told me it was a $4,500 factory rebate.
I agree the residual is a little low.
Thanks for the input!
Jan 29, 2004 (12:10 pm)
discounting the R that much this early in its life is really bad news. Maybe a volvo salesperson can confirm if this is a true rebate?
#1495 of 3081 'R' rebate vs. residual
Jan 29, 2004 (1:13 pm)
Can't really tell if the residual is low or if your rebate isn't really a rebate. The best thing to do is find the ALG residual as this is the bible for residuals for leasing (and if the R is listed significantly higher in ALG then we know where the 'rebate' is coming from...)
#1496 of 3081 More info on Rebate
Jan 29, 2004 (3:10 pm)
The rebate is specific to leasing only per the dealer. It is being offered as a lease incentive which is why the money factor is just so-so.
Also, dealer is keeping 1K but applying it to 1st months payment, tags, title such that cap cost on lease is only being reduced by 250 of the 1000 but i'm benefitting from the cash.
Once again, input appreciated
Jan 30, 2004 (10:50 am)
Does exist. Lease only, this way Volvo doesn't have to subvent the factory lease.
What lease company is that through?
There are better leases than that out there.
Assuming you qualify.
Residual should be 46% Money factors in the .00150-.00200 range for A+ tiers.
#1498 of 3081 Rebate & Lease Companies
Jan 30, 2004 (1:56 pm)
There were two but I can't recall their names. I'll get them and post them.
In my opinion, the residual seemed more in line with 15K miles a year which is what i'll push for if I pull the trigger.
I'm not sure if I can get a better $$ factor AND the rebate but i'm sure going to try.
Appreciate the continued input. We'll post more as information comes to light.
#1499 of 3081 Questions regarding option price,rebate and OSD.
Feb 01, 2004 (1:37 am)
Hi Everybody. I'm thinking about buying a S60R within 2 weeks and have some questions.
1.How much is the Sport Pkg cost?
2.Any rebates for purchasing,not leasing?
3.How much everybody paying for this car?
--Silver/blue, Premium pkg, Climate pkg, 18" Ti wheels, Sport pkg.
-- Is it possible to buy the car for $500 over invoice since demand is so low?
4. Anybody could explain why OSD is the cheaper way to buy the car?
-- I still have to pay the state sale tax, right?
Thanks in advance
#1500 of 3081 S60 with car seat
Feb 01, 2004 (1:57 pm)
I'm coming off a lease with a C70 coupe using a car seat for my 13 month old son. The 2 door car is a real pain with a kid...plus those seats in the C70 are very slow. That's one of the reasons I'm considering turning in the coupe in favor of an S60...probably a 2.5T with sport package 5 sp geartronic so I can still "shift" when I want. My C70 is a 5 sp manual and I'm getting tired of shifting.
How does the car seat work in the S60. Any brand recommendations? Thanks.