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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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#670 of 698
Re: 2007 S40 2.4i [fiorenza] by jim99000
Dec 23, 2007 (4:38 pm)
Reply

Replying to: fiorenza (Dec 22, 2007 10:37 am)

fiorenza,
 
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] by fiorenza
Dec 24, 2007 (5:03 pm)
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Replying to: jim99000 (Dec 23, 2007 4:38 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 by panzer
Jan 04, 2008 (12:51 pm)
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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 by macdian
Jan 05, 2008 (12:06 am)
Reply
Hi Everyone,
 
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.
 
Anyone concur?
#674 of 698
Re: Sounds like a deal I can't pass up [macdian] by kyfdx HOST
Jan 05, 2008 (7:51 am)
Reply

Replying to: macdian (Jan 05, 2008 12:06 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] by macdian
Jan 05, 2008 (5:09 pm)
Reply

Replying to: kyfdx (Jan 05, 2008 7:51 am)

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 by amrivlin
Feb 11, 2008 (1:54 am)
Reply
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 by fogarty19
Feb 17, 2008 (2:16 pm)
Reply
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] by jim99000
Feb 19, 2008 (10:11 am)
Reply

Replying to: fogarty19 (Feb 17, 2008 2:16 pm)

fogarty,
 
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.
#679 of 698
Re: 2008 Vovlo S40 T5 [jim99000] by fogarty19
Feb 20, 2008 (9:54 am)
Reply

Replying to: jim99000 (Feb 19, 2008 10:11 am)

thanks for the advice. I talked with the dealer and got him down a little. The MSRP is 33,000. They dropped it to 31,000 (invoice is 30,800). Then they took off the $6000 incentive so it comes down to 25,000 (but you have to have $995 in volvo/bank fees so the Net Cap is 25995). As for a net cap i think that is a very good deal. However, to get the $6000 off i have to go through volvo's outside lender who screws me with the residual and the money factor. the residual rate is 43% and the money factor is .00202 (or 4.92%). when you calculate it out, at $0 down, it comes to about $408 a month pre-tax and 429 with 5% sales tax (MA) for a 36 month lease at 12,000 miles.
 
MSRP- 33,014 x .43= 14196
25995 - 14196= 11, 798
11, 798/36= 327.95
25995 + 14196= 40191 x .00202= 81
 
327 + 81= 408
 
408 x .05 = 20 in tax a month
 
408 + 20= 429 a month with tax with $0 money down
 
this seems like a decent deal to me, any opinions?

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