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SUVs Volvo XC90 / XC60 Volvo XC90 SUV
5062 messages, Last post on Nov 19, 2009 at 7:33 PM
You are in the Volvo XC90 / XC60 Forum. Your Hosts are steve_ & tidester
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Replying to: willx45x (Jul 25, 2008 2:48 pm) I don't think there is any question the V8 adds value ... is a far superior engine Yes, there is a question as to the value. If you took 2 identical models to a dealer here in NJ, the only difference being the engine, the offers you receive would be almost identical. "Far superior" is certainly open to interpretation. Superior in what way? The 5-cylinder has been around much longer and has proven itself. Maintenance and parts on it are cheaper (fewer spark plugs, for instance). In about another 4 years, if the V8 still proves itself to be as reliable, then I may have your POV, but until then, I'm sticking to my guns on the 2.5T. |
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Volvomax or others - it is normal for the dealer to replace the tires as part of the CPO program. The certified XC90 we are looking at appears to have Michelin Pilots on it. They have a pretty good amount of tread left, but they are not new. Does the Volvo CPO process insist that they put new tires on it? w
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Replying to: willx45x (Jul 26, 2008 6:53 am)
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Replying to: qbrozen (Jul 28, 2008 6:34 am) |
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I'd appreciate any advice, I have a 38 month old XC 90 * Cylinder with DVD entertainment that has been flawless. WE have 41K miles, new brake pads. The bank just dropped the buyout to $21K tax in. Is this reasonable? Also, what about the Volvo extended warranty? Or how about somehow having my dealer "Certify" the car--will that extend the warranty? Obviously local dealers want to sell/lease new ones so I'm seeking some advice from our online larger community. . I believe we will keep the car another 3-4 years.> Thanks, D 
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Replying to: watchlover (Jul 28, 2008 7:20 am) Call your dealer and inquire about the warranty. They can give you a price. |
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Replying to: qbrozen (Jul 25, 2008 10:14 am) As we were making our decision, my wife looked at me and said " We're leaving the fold  " I had to remind her we still had the s70 and it was the Windstar we were trading in. Thanks for all your help qbrozen & volovmax.
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Replying to: peetert (Jul 28, 2008 10:53 am) |
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Replying to: watchlover (Jul 28, 2008 7:20 am) I have been told the state of FL regulates extended warranty's essentially fixing the prices. . . the extended warranty for 7yr/100K total is over $3600 via Volvo. So purchasing the 2005 XC90 V8, with 41K miles, for $21K and adding $3600 for a warranty, may not make a fantastic deal anymore. MY dealer states a new XC90 body comes out in 2010, and suggested I'd have to take another large depreciation hit trying to sell my 2005 V8, older body, in about 3 years (2011). Not mentioning possible more fuel efficient vehicles (such as disel-hybrids, etc). I had planned to keep the car another 3 yrs and trade it, with estimated 85K miles on it (still under extended warranty). The problem is there are so many great deals on new 6Cyl XC90's (leasing from 425-500/mo on 12K/36mo with no cap cost), and it makes the risk of purchasing my 2005 a little greater trying to bet on the future market. Any thoughts?
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Replying to: watchlover (Jul 28, 2008 6:50 pm) 2nd thought .... leasing a new one. OK, so $500/mo for 36 months with $0 down = $18,000. If you buy your $21k XC90 now, do you really think it will be worth less than $3k in 3 years? I'm willing to bet my kidney it will be worth more than that. OK. Ok. I guess I'm oversimplifying. I guess you'd finance the buyout, right? Sooo... let's look at it this way. A $21k note for 5 years would be ~$410/mo. In 3 years, you'll have paid $14,760 and your remaining balance will be ~$9k. Let's say it depreciates 60% in that time (I'm pulling that number out of the air). That means it will be worth $8400. Right about what you owe. So we could say you break even. Even if you don't, since you've paid $3300 less than you would on a lease, the car could be worth as little as $6k at trade time and you'll still come out even. So I guess its a matter of what you want and the deal you can get on a new one. Seems like they may be fairly close in cost over the next 3 years. You MAY have an out of warranty issue, however. BUT, you also may decide to keep this one for the next 6 years and really come out ahead. So now I'd probably be down to tossing a coin in the air. 
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