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Prices Paid: Buying & Leasing Experiences Volvo XC70 V70 Prices Paid and Buying Experience
378 messages, Last post on Nov 01, 2009 at 6:40 PM
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Is it really possible that nobody has purchased a 2008 or 2009 XC70 since 09/30/08? If so, what aren't the dealers willing to deal? I have talked with several dealers in Central Illinois and Eastern Iowa and this is all I am coming up with... $10000 off a 2008 (sticker:44,960) and $9000 trade for my '04 XC70 with 51,000 miles. $25,473 OTD with tax, etc. Been on the lot for over a year. The numbers on the '09's (t6 or I6) are about the same. At this point, I am willing to just sit and wait for the Mktg $ on the '09's. Am I being unreasonable? I just figured that if all these volvos are sitting on the lots, I would expect a little more?
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Replying to: fergyj (Feb 09, 2009 6:30 pm) |
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Replying to: fergyj (Feb 09, 2009 6:30 pm) |
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I finally pulled the trigger on a new XC70. Based on all the legwork I did as well as other offers, I received, I feel pretty good about the transaction. Here is what I did... I was looking locally in smaller markets for a 2008 XC70 and really had little or no luck. (see previous post #345) So, I googled "largest volume volvo dealer and expanded my search to the two closest dealerships that had the largest inventory of '08's. I emailed both and got their best prices on the model I was looking for. One was in MPLS and the other in St. Louis. Both places were considerably better than any of the local dealers I had talked to in Central Illinois. I then searched the local dealers inventory to find the exact options I was quoted from the big city dealers. I found a 2008 XC70 with premium pkg, Climate, personal car comm., and sat prep. Sticker price was $41,980. My trade was a '04 XC70 with 54,000 miles and similar options. I also had dent on my driver's door that was quoted $800 to fix from my local guy. When I met with the local dealer, I took my Blackberry with both offers in my email. The dealer first offered $21k plus tax, etc. and I got up to leave. They asked what my offer was and I told them $20k OTD. Well, the guy took it. I was in shock. I didn't have a check, nothing. We contacted my credit union and sealed things up. Here's the breakdown... Sale Price: $30,258 Trade: $11,258 Tax: $1330 Title:$78 Total: $20,000 OTD I felt pretty good. Let me know your thoughts...
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Replying to: fergyj (Feb 15, 2009 3:37 pm) $19,000+$1330+$78=$20,408 OTD
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Replying to: qbrozen (Feb 15, 2009 7:49 pm)
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Replying to: fergyj (Feb 16, 2009 6:03 pm) I mean, the way I'd look at it is, since it looks like you had the last one for 4 years, you may have this one for 4 years, so you're paying $20k to rent the car for 4 years. At $5k/year, it would be like leasing one for ~$417/mo with $0 down, which is quite good. 
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Bought a new 2008 (left over) XC70 on 4/09 in Southern Cali, list price $48,100. Loaded with options, similar new 2009 lists for $4,000.00 less. Paid 33,200. I have always leased my cars (usually BMW's for  15 years) but this deal seemed to good to be true. We love the car and have a total of 200 miles and one warranty service already. Maybe this is a result of being owned by Ford! The dealer who serviced the car "Rusnack Volvo Pasadena" has bent over backwards to make things right, even though I did not purchase the car from them. Other than having to add bluetooth we are very excited about the new ride and are enjoying the "Grateful Dead Channel" on Serious Sat, while rolling down the road! |
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Hi all, I drove my first Volvo last night and to say I was deeply impressed is a major understatement. I absolutely loved it. I drove two different XC 70's -- both five years old and far more solid than many new American cars, and the seats - to die for! I was really amazed at how well it drove, handled, the power, all of it. It was like nothing I had ever driven before. But having said all that gushy stuff...... I am not at the point of buying anything yet, despite a moment of serious temptation last night. I have heard some real horror stories about Volvo lemons  that would put you in the poorhouse and on the opposite end of the spectrum, have heard from many near religous devotees who swear they are the best car ever made and run them to 250K miles with no problems. I've heard little in between. It leaves me to wonder what the deal is. Are some years bad years? Is it just luck of the draw? I will have a very modest budget for replacing my leased Impala. I really can't go over about $350 per month, so my only option would be to purchase one with some years and miles on it. The great attraction to a car like this IS the possibility of getting many good years from it after it's paid off, unlike certain other American vehicles that have been disposable at five years old. (Like a certain Intrepid that broke my heart and my bank account before I ditched it!  ) But on the other hand, it won't do me much good to have a nice car that's always in the shop and bankrupting me. So I would really love to hear from some XC70 owners - the good, the bad and the ugly. I have plenty of time to make decisions -- my lease isn't up for months yet. If I do decide to go this route, I want to make sure I walk into it with my eyes wide open. Thank you all VERY much in advance! Karen |
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Replying to: kmauss (Jul 14, 2009 4:53 am) I got a 2004 V70 base model 2.4L 168 hp gasoline non-turbo as a hand-me-down and it has performed perfectly. It is great on the interstate, great mpg, but cannot handle rough roads. See this and scroll down to "Elusive World Car?"
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