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Volvo S60 Prices Paid and Buying Experience

139 messages,  Last post on Aug 25, 2009 at 4:04 PM

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What is this discussion about? Volvo S60, Volvo S60 R, Sedan

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#131 of 139 '08 S60 2.5T for $5.5k less than Edmunds TMV??? by igozoomzoom Apr 26, 2009 (2:20 am)
I was at a local used car super store (regional Carmax-like dealership) looking at a few Acura TLs and a Lexus IS 250. I was shocked to find a 2008 Volvo S60 2.5T in perfect condition with 19k miles for under $22k! The Edmunds TMV for Dealer Retail is showing as $27,616 and Trade-In is almost $23k...I'm trying to determine if I've lucked up on a great deal or is Edmunds TMV for the S60 way off?   The car is as follows-   2008 Volvo S60 2.5T White/Taupe Leather Premium Pkg- Sunroof, Pwr Passenger Seat, Geartronic, Wood Inlays Climate Pkg- Heated Seats, Headlamp Washers, Rain Sensor 19,500 miles Perfect, As-New Condition $21,990 Balance of 48mo/50k warranty (2.5yrs/30k miles remaining)   I'm very tempted to snatch this one up for that price! The only thing I'd like to be different is the standard alloy wheels- it has the 16" EURUS and eventually I'd love to upgrade to 17" or 18" alloys.   The remaining warranty is reassuring. Are there any potential issues with this model/powertrain that I should be cautious about?   Thanks! Replies to this message: pilotguy (Apr 26, 2009 5:54 am) goddess_1 (Jun 06, 2009 11:48 am)
#132 of 139 Re: '08 S60 2.5T for $5.5k less than Edmunds TMV??? [igozoomzoom] by pilotguy Apr 26, 2009 (5:54 am)
Replying to: igozoomzoom (Apr 26, 2009 2:20 am) I see a lot of messages regarding the purchase of a Volvo S60 so I thought I'd post my info. In Jan 2008, I purchased a demo 2007 S60 with Premium Package, Climate package, and satellite pre-wiring with 6,000 miles on it for $25,795. I thought that was a great price...remember that was also before car sales completely fell off of a cliff so I'm sure you can get a much better deal now. My advice, negotiate the heck out of the price, buyers are in the driver's seat now. Oh, and I love the car, I'm glad I went with the S60.   -Mike
#133 of 139 Re: '08 S60 2.5T for $5.5k less than Edmunds TMV??? [igozoomzoom] by goddess_1 Jun 06, 2009 (11:48 am)
Replying to: igozoomzoom (Apr 26, 2009 2:20 am) Hi, Igozoomzoon -   Catching onto your message late & am not sure if you already made a decision (most likely), BUT that seems a great deal to me and wouldn't hesitate. I bought a 2006 S60 in 2007 with 9.5K miles for $23.4K - which was great deal at the time, especially for SoCal prices. I have had absolutely no regrets - was considering a MB C280 at the time, glad for my S60!
#134 of 139 2008 S60 2.5T ASR Cert Pre-Owned by cosanostra Aug 13, 2009 (5:29 am)
My wife is looking to trade up from her Mini to an S60 or S40. We came across this one at the local Volvo dealership (in Omaha, NE).   2008 Volvo S60 2.5T ASR Exterior: Silver Metallic Interior: Graphite leather Transmission: Auto Mileage: 7,605 Premium package with moon roof & power passenger seat Climate package with rain sensors & (?) headlight washers (?) Asking price is $22,995.   The Carfax is clean & clear - it appears the car was a rental car. I know some about Volvo, but not much (haven't bought a car in 3+ years, and wasn't really looking at Volvo at the time). What is the forum consensus? Good deal or should we try and negotiate a bit more off? Replies to this message: igozoomzoom (Aug 15, 2009 3:17 pm)
#135 of 139 Dropping Resale? by 28firefighter Aug 15, 2009 (12:15 pm)
We are coming up on the 2010 model year, and many of us remember back in '07 when Volvo was offering tons of money cash back on leases from outside banks. The residuals on '07 R AWD's were in the low 17s on a 36 month lease.   With that in mind, wouldn't it make sense that the market is going to end up being flooded with all of these off lease S60 2.5, 2.5 AWD, and R AWD vehicles in the next 12 months at what seems like fire sale prices?   We have an S40 coming off lease in April, that had an original MSRP of 27,XXX and has a lease end residual of 13k - we will most certainly be buying it at lease end, but are also looking to maybe add an S60 AWD in the next year if the price was as low as it seems it could be. Thoughts? Replies to this message: volvomax (Aug 20, 2009 11:50 am)
#136 of 139 Re: 2008 S60 2.5T ASR Cert Pre-Owned [cosanostra] by igozoomzoom Aug 15, 2009 (3:17 pm)
Replying to: cosanostra (Aug 13, 2009 5:29 am) You should always try to negotiate a lower price...unless you're dealing with a "no-haggle" dealership, the asking price is only a starting point! Most of the pricing guides value the car at close to $23k, but I'd start at $21,500 and wouldn't pay more than $22k for it!   Usually, I'm not a big fan of former fleet cars (especially rentals), but this might be an exception to the rule. I know that Hertz used to offer products from Ford's luxury brands (Jaguar, Land Rover, Volvo, Lincoln) as their "Prestige Collection". Typically, they were rented by more upscale customers than typical rentals. So the cars should be in very good condition, especially with such low mileage!   The original 4-year/50,000-mile warranty is still in effect, correct?
#137 of 139 Re: Dropping Resale? [28firefighter] by volvomax Aug 20, 2009 (11:50 am)
Replying to: 28firefighter (Aug 15, 2009 12:15 pm) Nice low mile S60's are going for over book at the auctions right now. Even iffy cars are bringing close to book. I doubt you will see "fire sale" prices anytime soon.
#138 of 139 2008 S60 2.5T 50,000 Miles - $15,000. Good Buy? by dukeshah Aug 24, 2009 (2:26 pm)
If it is indeed a good buy, should I purchase an extended warranty? My initial reasearch suggests that I can get an extended warranty (4 yr, 50,000 miles) for about $3,300.   Any thoughts or suggestions?   A Replies to this message: volvomax (Aug 25, 2009 4:04 pm)
#139 of 139 Re: 2008 S60 2.5T 50,000 Miles - $15,000. Good Buy? [dukeshah] by volvomax Aug 25, 2009 (4:04 pm)
Replying to: dukeshah (Aug 24, 2009 2:26 pm) Price is right about wholesale. Considering that the car is out of warranty, you may want to consider buying one.

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