Last post on Apr 29, 2009 at 10:36 AM
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Volvo S40, Sedan
#669 of 698 2007 S40 2.4i
Dec 22, 2007 (10:37 am)
For the last month or so I've been out bottom fishing for a 2007 S40 2.4i hoping to get a good deal. I wanted the leather, premium package and auto transmission. Finally made a deal last night, but looking over this forum, I'm feeling a little iffy on whether I got a good deal.
Here are the specs:
2007 2.4i w/ auto/geartronic trans
Ice White (non-prem) paint
Part of the deal was free maintenance for 30,000 miles (this includes oil chages, alignments, etc). Supposedly this incentive was worth $822. I'm kicking myself for not having made them throw in free tint as well.
Out the door price (TTL, everything) was $25,943.
Opinions on this deal?
#670 of 698 Re: 2007 S40 2.4i [fiorenza]
Dec 23, 2007 (4:38 pm)
That seems like a pretty good deal but it's difficult to tell if you include TTL because every state is different in that regard. Could you please provide the price before TTL for comparison?
Also, did you get the sense that dealers were more willing than usual to make a deal to move some cars? The Volvo manufacturer-to-customer rebate isn't that high right now but I'm wondering if dealers have some secret Volvo cash to play with because sales reportedly are down.
#671 of 698 Re: 2007 S40 2.4i [jim99000]
Dec 24, 2007 (5:03 pm)
Price before TTL, dealer fees, etc, was $23,820. Really didn't sense a whole lot of motivation to move the '07's which is surprising given that it's the end of the year. I went to a few other dealers prior to this one & they refused to do anything more than knock $2500 off invoice. I got about $3700 below invoice...
Thanks in advance for your input.
#672 of 698 2006 S40 purchased used
Jan 04, 2008 (12:51 pm)
I just picked up a 2006 S40 for my daughter, silver (metallic paint), automatic and leather with 30000 miles on it for $17500+++
There were four in town with about the same miles and specs, ie no roof, no premium etc. Two dealers would not take this deal and two would. We took the silver one. Asking prices ranged from $19000 to $20000. Nice car. Not an especially good deal, but fair, considering the car has over two years factory warrantee left and is absolutely spotless. I spent far too much time over the past month shopping for it. Almost went with a Saab 93, but glad I went for this one instead. I drove a few pretty loose 2-year old Saabs, but all of the Volvos were solid and drove about the same.
#673 of 698 Sounds like a deal I can't pass up
Jan 05, 2008 (12:06 am)
So, I think I have a deal on my hands that I should do, regardless of whether or not my wife really wants the car - a 2005 S40 2.4i, base model, no options but "replica" 2.5T wheels...black, 37,000 miles (60,000kms) for $13K Cdn (about the same in USD right now).
It's a friend's lease buyout - they take immaculate care of their cars, but want a benz now.
#674 of 698 Re: Sounds like a deal I can't pass up [macdian]
by kyfdx@Edmunds HOST
Jan 05, 2008 (7:51 am)
If your wife doesn't want the car, it won't be a good deal, even if they give it to you...
#675 of 698 Re: Sounds like a deal I can't pass up [kyfdx]
Jan 05, 2008 (5:09 pm)
That's so true...ironically, she wants a Mazda3...which of course shares the same platform. I'm pretty sure I can wear her down...if not, we'll just sell it, likely for more than we paid
#676 of 698 Bought an S40 today
Feb 11, 2008 (1:54 am)
April 07 S40 2.4i, 8100 Miles. Base Model with these upgrades: 17" Alloy Wheels, Moon Roof, Premium Audio. Metalic Silver with Black Tec interior. Was their Loaner last year. MSRP $27630
Listed at $21250, I offered $18500, got worn out and
Closed Deal at $19900 (Total 21518)
MAJOR OMISSIONS: Trip Computer (I am hoping to have this installed, I found the parts for 100, but wonder what Volvo will charge to program the computer)
Minor Omission: Power Seats
Anyone have thoughts?
#677 of 698 2008 Vovlo S40 T5
Feb 17, 2008 (2:16 pm)
Carman, or whoever may be able to help,
I'm looking to lease a car and i'm thinking about leasing a 2008 volvo s40 T5. I was wondering if anyone knows the current incentives/rebates that Volvo is offering. Also does anyone know what the current residual rate/money factor would be for a 24 month lease at 12,000 miles? The MSRP on the model i want is $33,900. Edmunds.com says i should pay around $31, 052 for that. Does that include any rebates volvo will offer, or is that the number i should aim to get them down to prior to including any rebates on top?
Thanks to anyone who can help.
#678 of 698 Re: 2008 Vovlo S40 T5 [fogarty19]
Feb 19, 2008 (10:11 am)
You should get them to sell/lease you the car at the invoice price minus the incentives, give or take a couple of hundred. I just negotiated an "invoice minus incentives" lease deal on a T5 - the dealer readily agreed. My T5 had no options and the capitalized cost was less than $22k after incentives.
Use Edmunds's invoice number for the specific model and options you want. Then subtract the current incentives of $1500 if you're buying it or $6000 if you're leasing it ($7,000 if its an AWD version). The incentives are given to the dealer but should be passed along to you. These specific incentives were from the program in effect a couple of weeks ago - the program is expiring soon (if it hasn't already) but it undoubtedly will be renewed or go up a little bit. Ask your dealer to tell you the current numbers - it shouldn't be a secret.
The Edmunds true market value price is just a general guide as to what some people are paying - I'm not sure whether it's an average including people who blindly pay sticker price or not, but in any event it usually is overstated except on cars that are in very high demand. Use invoice price as your guide, and then subtract the incentives.