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You are in the Prices Paid - Buying & Leasing Experiences
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Volvo S40, Sedan
#200 of 698 Re: motivated to sell S40's? [cici]
Mar 10, 2005 (10:34 pm)
when i was negotiating my 2005 AWD T5, i essentially had to take the sales team through my logic (right or wrong) of my offer:
- separate the volvo discount from the dealer price.
- the 2005 pricing went up $500 sometime in Feb (?) but i pointed out the car i wanted was in their lot for over 3 months so i didn't want to pay the extra $500.
- i offered them the x-plan price which is essentially 2% above invoice. this is where they make their money + any holdback.
- the volvo jan incentive was $1850. i wanted the same incentive in march. i had no idea what the march incentive was
somehow the math worked for them. i heard also through the negotiation it was a very slow feb so there was motivation to get this deal done.
i am sure if you looked at other dealers you will find someone ready to sell at your price. holding inventory is something they want to avoid.
#201 of 698 Re: motivated to sell S40's? [vinayg]
Mar 11, 2005 (6:25 pm)
Thank you for the information regarding the 1.9% and also the negotiation tips. After another attempt that went worse than the first, I found success on my third dealership. I am thinking over the offer, but I feel it is a fair price and they are much more willing to make me a happy Volvo owner than the other dealerships.
The S40 2.4i has the premium pkg, climate, and rear spoiler in silver metallic with black leather. It has everything I want except the integrated booster seats and the offer is $26,780.
#202 of 698 05 S40 w/select package&climate lease
Mar 12, 2005 (7:34 am)
My wife and I used this board to help get a good price on her new car(RX330) and some friends wanted us to help with theirs.We are in NH but ended up going to Watertown for my wifes car after emailing several dealers for best deals.It works !
She is wants a red S40 with select and climate package and was was wondering what kinda of lease deal folks are getting before I start the emailing.
#203 of 698 $250 below invoice
Mar 12, 2005 (4:16 pm)
We were offered $250 below invoice, plus all applicable incentives by a dealer in Chicago area (Lisle Volvo). We decided not to buy, going for the new VW Jetta instead.
The price, confirmed in an email, was just under $23,000 for 2.4i with automatic, DTSC, and metallic paint. This was based on the current $1500 cash to dealer incentive here and price would go up or down depending on incentives at delivery (we would have needed to order the car).
This pricing was offered right up front, in response to an email from me.
#204 of 698 05 S40 with std trans/climate/select pkg
Mar 13, 2005 (1:28 pm)
Hi now also open to buying as well.
Has price form dealer she went to:
Here is the price I got from the dealer I visited in Concord:
Manufacturer's Suggested Price: $24,255
Climate Package (MC550): $625
Select Package (MC536): $1850
Standard transmission (5-spd)
and wanted to see what others have found.
Jeff, they where offering -250 under invoice but they keep the $1500 incentive? correct?
#205 of 698 Good price for T5? What about ad fee and cost of other options?
Mar 13, 2005 (3:09 pm)
Hi...I'm looking at the following car:
2005 T5 - Manual
Dynamic Trim Package
So far I'm at 28,800 after the incentive, plus destination and a $450 advertising fee. How negotiable is this fee? Do most end up paying it? If I can't get out of it, what is the invoice cost of some of the other accessories that I could possible get 'thrown in' to make up for it? I'm thinking of things like the sunglass holder, luggage compartment mat, rubber floor mats. However I don't see prices for those things any where.
Any advice on how to proceed, or am I sitting ok?
#206 of 698 Re: 05 S40 with std trans/climate/select pkg [dandg]
Mar 13, 2005 (3:11 pm)
No, since we were not going to use the 1.9% financing, I would get the $1500 off plus $250 under invoice. So it would have been $1750 below invoice.
#207 of 698 The Magic Formula & Price for buying Volvo
Mar 14, 2005 (1:37 am)
If you're looking to buy a Volvo the magic number is MSRP - 10% - Incentives available
For example an S40 will all the options you want is MSRP at $30K with incentives of $1000 and you play all your cards right then you can get it for 30,000 - 3000 - 1000 = 26000
This formula is not absolute but if you can get the price to within 3% of this magic number then you've got a great deal. So from the example above you should be able buy a car with MSRP of $30,000 between $26,000 - $26,780 (Remember this number exclude Tax & fees, and final selling price include finance charges which the dealership can makes money and the finance guy will try to sell you other stuffs) Don't go home happy if you got the car for $26,500 + Fees and got hit with a 9.9% rate. Do your homework to know the best rate you can get with your credit, negotiate the best rate from the dealership or get your own loan.
I know Volvo dealerships and salesmans will hate me for posting this but I hope this will help consumers and readers of the board
#208 of 698 Re: The Magic Formula & Price for buying Volvo [bons]
Mar 14, 2005 (5:09 am)
I agree! From reading many posts here it seemed the best deals others were getting were between $3k-$4k off MSRP.
We are picking up our S40 2.4i, automatic in silver, with premium pkg & climate pkg with rear spoiler tomorrow and the final negotiations brought the price to $26,650. We'll do our own financing. I also really liked the email system of shopping dealerships. The third dealership, in Huntsville, AL, wasn't put off when I was upfront about the research I did and the price I was willing to pay. They were very pleasant to deal with are selling us a Volvo at $3k off MSRP.
I came very close to buying a Mazda and now I'm so glad I waited and found a Volvo. I've got kids nearing the driving age, and I will rest easier knowing they are in a Volvo.
FYI: The dealership was also willing to drive the car to us (2 hrs away), at no charge, but we decided a little road trip would be fun. Maybe our next Volvo we can experience the fun of OSD.
#209 of 698 $25k. 2005 S40 w/ auto, climate, premium, audio
Mar 14, 2005 (2:33 pm)
Hi. Thanks to everyone for very useful info. Here's my story, I hope it helps you. I just bought a 2005 S40 2.4i with the following:
- Auto trans
- Premium pkg
- Audio pkg
- Climate pkg
- Silver mettalic
$25,500 + tax. This included $1,500 dealer cash and destination fees. The deal started out thru emails to a few dealers (thanks edmunds!) and was originally quoted via email $25,350 for a S40 with only auto trans, select pkg and climate. But then while at dealer, and after a little discussion, we eventually came to the options and price I mentioned above.
We also used the new college graduate discount from Volvo for an extra $500 down payment, so in reality, the final price was $25,000 + tax. All they ask for is to see your diploma showing you graduated within the last 2 years.
Also, I asked for and received a coupon for FREE season lift tickets to Heavenly/Vail/etc ski resorts. Its advertised on the volvo site but i had to ask for it
Overall I had a very good experience. Not very much pressure at all from Volvo dealer! Very happy with the S40 and couldnt find anything comparable for the same price!!
So, did I get a pretty good deal?