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Volvo S40 Prices Paid and Buying Experience

698 messages,  Last post on Apr 29, 2009 at 10:36 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Volvo S40, Sedan


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#397 of 698
Good Deal by stax369
Oct 23, 2005 (6:57 am)
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Congrats on your new car purchase! That brilliant blue IS Gorgeous!!
#398 of 698
need opinions... by genericone
Oct 28, 2005 (5:04 pm)
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Hi everyone, I'm new to this board and am seriously cosidering an S40 T5 purchase. It's down to the Subaru WRX Limited (pretty much loaded w/leather) or the Volvo S40. The final decision will be made based on cost of the car. The Subaru will cost me about $27,500 OTD but if I wanted a similarly packaged Volvo, I think I'll be paying much more. What would a good deal on an S40 T5 auto/premium/sport/xenon equipped be OTD (tax here is 4.167%)? Any and all opinions/suggestions would be greatly appreciated. thanks in advance. eric
#399 of 698
T5 AWD - Need Help by waverly
Oct 31, 2005 (6:48 pm)
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I've been offered the following:
 
'05 T5 AWD
Silver/black
Heated/leather seats
Sunroof
Audio Pckg
 
But most important its a dealer demo with 3,900 miles
 
$26,990
 
Unsure if this is a good offer or not. Thanks.
#400 of 698
Re: T5 AWD - Need Help [waverly] by au94
Nov 01, 2005 (7:19 am)
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Replying to: waverly (Oct 31, 2005 6:48 pm)

waverly--
We paid about 900 more than that for an 06 T5 w/ premium pkg. Brand new, so I think the dealer could do better.
#401 of 698
Re: T5 AWD - Need Help [waverly] by kyfdx HOST
Nov 01, 2005 (7:21 am)
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Replying to: waverly (Oct 31, 2005 6:48 pm)

For another data point....
 
My local dealer is advertising '05 T5 AWD for $28,313.. They say they have five of them left.... brand new..
 
What is the MSRP on the demo that you are considering?
 
regards,
kyfdx
Host-Prices Paid Forums
#402 of 698
Re: T5 AWD - Need Help [kyfdx] by waverly
Nov 01, 2005 (8:22 am)
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Replying to: kyfdx (Nov 01, 2005 7:21 am)

First thanks to both of kyfdx and au94 for the replies. I really appreciate it.
 
Now to kyfdx's question about MSRP. Its a little unclear. The dealer mentioned only those specific features that I listed in my post as being options included in the car, but did not answer my direct question about whether the car has only those features as one off's or as part of the premium and cllimat packages. Therefore I think the MSRP is around the $32 to $33.3 price range.
#403 of 698
Re: T5 AWD - Need Help [waverly] by kyfdx HOST
Nov 01, 2005 (8:27 am)
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Replying to: waverly (Nov 01, 2005 8:22 am)

Yeah.. I think that info is germane to the discussion...
 
$26,900 on a $33,500 car is a better deal than $26,900 on a $32,000 car...
 
In my experience, demos usually don't come with enough of a discount over a brand-new unit, to merit buying them.. Although, occasionally, you'll run into a good deal...
 
I'd have a hard time dropping $26,900 on a car with 4K miles, when there are brand new models to be had for just $1400 more... But, that is just me..
 
regards,
kyfdx
Host-Prices Paid Forums
#404 of 698
Re: T5 AWD - Need Help [kyfdx] by waverly
Nov 02, 2005 (8:15 pm)
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Replying to: kyfdx (Nov 01, 2005 8:27 am)

Update on the Demo T5 AWD. We ended up buying the car. To recap:
 
Metallic Silver
Automatic Transmission
Premium
Climate
Audio
MSRP = 33,325
 
Car was a demo, ended up having 5500 miles on it instead of 3900 as we were originally told (shady).
 
Final price -25,700.
 
I know some don't care for the cars with miles on it, but I think we got a good deal. Any thoughts?
 
By the way, a huge thank you to Edmunds in general and this forum in particular for sharing your collective knowledge. Having the informational knowledge this forum provides was absolutely crucial and comforting.
#405 of 698
Re: T5 AWD - Need Help [waverly] by au94
Nov 03, 2005 (5:23 am)
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Replying to: waverly (Nov 02, 2005 8:15 pm)

If you're happy with it, thats the most important thing. Thats a pretty good discount on a car that can still be titled as new. I would have asked for a warranty extension to cover what has already been consumed.
 
Enjoy the car, they are a blast to drive.
#406 of 698
Re: T5 AWD - Need Help [waverly] by kyfdx HOST
Nov 03, 2005 (6:39 pm)
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Replying to: waverly (Nov 02, 2005 8:15 pm)

That seems like a pretty good deal...
 
Congratulations on the new car!
 
regards,
kyfdx

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