Last post on Apr 29, 2009 at 10:36 AM
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Volvo S40, Sedan
#495 of 698 hi im new to this forum
Jul 25, 2006 (2:01 pm)
Hi i thought id like to help you guys out.
Two months ago, i bought a brand new 2006 S40 t5 with premium package for 25,000 dollars. After everything, i also bought an extended warranty and ended up paying about 29.500 OTD with a extended warranty. The 25,000 dollar price was easily had, as i negotiated to that price after about three weeks of talking to different dealers. I was almost able to get an Audio packaged along with the Premium, but they could only do that with White. The color i got was metallic silver, and the MSRP was 31,655, so i successfully lowered it about 7,000. I live close in Orange County, and i bought it from Cerritos Power Volvo if you guys know where that is at.
#496 of 698 Re: hi im new to this forum [jkao]
Jul 25, 2006 (7:46 pm)
interesting...how much was the extended warranty if i may ask?
#497 of 698 my purchase
Jul 25, 2006 (8:18 pm)
the extended warranty extended the basic warranty to 100,000 miles over 8 years. It was about 1950, we bargained even on the warranty from about 2100 but not much was saved there.
#498 of 698 Still high priced
Jul 26, 2006 (9:37 pm)
okay, well i went by the dealership again today...sticker price is 30...$31,055 after taxes and fees.
last week their initial offer was $27,6...juuuust under $29 with taxes and fees.
their offer today (after i told them i was interested in $24):
why do these people they can still try and get a profit out of it?!?!? it's been there for months and it won't sell. i mentioned how other dealerships were offering up to $5000 and $6000 off msrp and his response was 'well maybe those were loaner cars.'
unbelievable. so then i say, okay well $26. his response:
'well if you take away some options, maybe the 2.4, but you can't go that low on this model (t5).'
sooooo...what do you guys think of this? they ain't bluffin...they seriously expect this car to sell for less than $3000 under sticker.
i guess ill be lookin at other cars now, or look around at other dealerships. ugh!
#499 of 698 Re: Still high priced [umshb]
Jul 27, 2006 (2:53 am)
Hey, what options do you want on the T5 and what color? What location are you in?
#500 of 698 Re: Still high priced [suspendmix]
Jul 27, 2006 (9:51 am)
NO way! should you pay that much for a t5. You should be able to get a T5 with premium package for around 26. If he wont even give you any options to the car, that is an absolute rip off. Most dealers were able to match 25,000 pretty easily here in southern california. I suggest you go to a different dealership because that guy seems like he doesn't want to make money.
#501 of 698 Re: Still high priced [jkao]
Jul 27, 2006 (11:07 am)
these guys seem to be under the impression that they need to make a profit on these cars...sounds like they're getting them at the cost of invoice.
anyway, it's black t5 with premium package (well at least it's got the beige leather, sunroof, and power front seat). nothing else really regarding upgrades...not 17's...wired with the sirius, but not installed...no climate package, no navigation system, no premium headlights, no 6-cd changer.
pretty much a base t5 with spoiler, the power sunroof, leather, and power front seat w/ memory (premium package i assume).
oh, and i'm in alabama. since i am a college student, i wonder if they just think i don't know anything about these cars...i've already contacted dealerships around where i am in school (in florida).
#502 of 698 Re: Still high priced [umshb]
Jul 27, 2006 (11:15 am)
I don't think he's bluffin....some dealers don't believe in the "get the unit off our lot at any cost" mentality. When I was shopping for my 2.4i I had located 2 cars at 2 diff dealers one 23500 and one 21060(the one I eventually leased) I told the dealer with the higher price that another had offered me 21060 and she said you'd better snap that one up because we ain't doing that. Her whole message was that her dealership would rather make profit than match a volvo with a young customer who more than likely will buy more volvos as the years pass on (that's not exactly what she said ,but that's what I heard. Her actual words were "to not sell it just for the sake of gettin it off the lot". So, I ended up gettin 5400 under msrp and about 2500 under invoice and a very happy experience. You just have to find a dealer who places a higher priority on cust. service than profit( the S40's are probably loss leaders and XC90's are where there real money is. (I'm probably wrong about that, who am I? )
#503 of 698 Re: Still high priced [mrrk47]
Jul 27, 2006 (12:48 pm)
mrrk47's experience seems to be similar to mine. You just have to keep shopping dealers until you find the one that is willing to take the hit. I had to go all the way to Georgia from Texas b/c a dealer there was offering me monthly payments $50 less than the lowest TX dealer. Just keep searching and you'll find it.
#504 of 698 Re: Still high priced [umshb]
Jul 27, 2006 (12:50 pm)
umshb, try out Volvo of Athens (Georgia), they are willing to sink very low to get your business by the end of the month.