Last post on Apr 29, 2009 at 10:36 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Volvo S40, Sedan
#687 of 698 S40 2006-resale value
Aug 25, 2008 (7:17 pm)
I am currently shopping for a car (no rush). I am pretty set into a certified pre-owned car to avoid the initial depreciation hit. I have looked at Acura, BMW and Audi. Recently I took the chance to look into Volvo S40 and I was surprised to see that my closest dealer has a few certified pre-owned 2006 models in the 30000 mile range that they are mark as 20000 $ give or take. This prices look relatively cheap to me so I was wondering if 2006 was a bad year or there is any advice you could give to someone like me that it is not that versed in cars.
#688 of 698 Re: S40 2006-resale value [franbo]
Aug 26, 2008 (5:39 am)
I own a 2006 S40 T5 AWD and I am very satisfied after 43,000 miles. Highway milage is 30+ and town around 20. No problems with rattles etc or repairs. Did have a problem with the passenger side power windows and door loocks not operating but it seems to have been fixed under warrantee.
All the models you are considering will cost more than average for service and repairs IMO.
#689 of 698 2001 Volvo S40
Aug 27, 2008 (6:14 am)
I actually wrote a review on a used S40 which had high mileage. Check it out if anyone is trying to decide if they want an 01-02 version. link title
#690 of 698 used 07 s40 price?
Sep 14, 2008 (3:32 pm)
First time used car buyer looking at a 2007 S40 2.4 with about 15,000 miles. Dealer has it listed at about $21.5k and I was wondering what kind of deal I can make with them. Do these used cars usually sell for close to asking price, or is there some wiggle room to negotiate on this? Thanks
#691 of 698 Re: used 07 s40 price? [vernor]
Sep 15, 2008 (1:30 pm)
Check out Kelley Blue Book and Edmunds used info on pricing..I've never been very successful negotiating "good" deals with used purchases. They usually have more room than on new cars but are much less willing to reduce their markup...there is some room for them to recondition etc but when you compare their profit margin with new sales ????
Good luck and don't forget to compare your actual cost with a 2008 similar model with a full warantee.
#692 of 698 Re: used 07 s40 price? [snead_c]
Sep 15, 2008 (2:03 pm)
Thank you for the response snead_c. The price is within reason of KBB and Edmunds for used dealer retail. Since I have never purchased from a dealer, I'm not sure how much room there is to deal with them. Sounds like I will try to work it a little and see what I can do. Thanks again
#693 of 698 2005 S40 T5 - Trade in value
Nov 13, 2008 (12:03 pm)
I'm trying to trade in my 2005 S40 T5. It has 60k miles, fully loaded. It's in good condition, and runs GREAT!. (normal wear) I purchased it about a year ago, and my family has grown...so I need to get at least a 7 passenger vehicle. I owe 21k. The dealers are offering me so much lower for my trade in than what the TMV shows on edmunds. TMV states at the very worst condition it would be 13k, I figured that I would get at least 14k. Automax Ford offered me $8500...when just a month ago the same dealership offered me $14,500. What's the deal? How can I get the most for my trade? Does anyone know what my vehicle is selling for at auction? UGH! I'm so frustrated. I'm willing to carry some negative equity onto a new car, since there are such great rebates. I feel like I'm stuck. Does anyone have any advice.
#694 of 698 Re: 2005 S40 T5 - Trade in value [carmalitagunga]
by kyfdx@Edmunds HOST
Nov 13, 2008 (5:00 pm)
Does anyone know what my vehicle is selling for at auction?
Try posting a description here: Real-World Trade-In Values
#695 of 698 Use NADA site for estimates and lean to the low side !
Nov 13, 2008 (5:35 pm)
I just traded my 2000 jetta for a 2009 Prius. After lots of shopping I visited a friend who sells used cars and he told me that NADA is used by most dealers around here and KBB / Edmunds are too high...I know, my Jetta took a $1300 hit...the site is at the following link.
Unless you have a like new late model consider your car at the low end of values, subtract from the wholesale value of the car you're considering, check on incentives (hold back is almost always off the table), decide what "profit" you'll pay which must consider the current demand for your new purchase and the current market conditions. Remember the dealer must make a profit to stay in business.
Three percent over invoice is my goal.
#696 of 698 lowest purchase price on a 2009?
Apr 28, 2009 (10:50 am)
I'm looking a purchasing a 2009 2.4i with leather and climate package...dealer is quoting $27,968 (MSRP $31,775). Does anyone know if I can bring down that price and by how much? There are only two left in the area that I live in with leather. I've heard not so great things about the T-tec. Anyone have T-tec and like it? I heard it water spots and attracts dog fur like crazy (and I have a dog).
Also, anyone know when the 2010s come out?