Last post on May 02, 2013 at 11:54 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Volvo S60, Volvo S60 R, Sedan
#134 of 212 2008 S60 2.5T ASR Cert Pre-Owned
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
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?
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?
#136 of 212 Re: 2008 S60 2.5T ASR Cert Pre-Owned [cosanostra]
Aug 15, 2009 (3:17 pm)
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 212 Re: Dropping Resale? [28firefighter]
Aug 20, 2009 (11:50 am)
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 212 2008 S60 2.5T 50,000 Miles - $15,000. Good Buy?
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?
#139 of 212 Re: 2008 S60 2.5T 50,000 Miles - $15,000. Good Buy? [dukeshah]
Aug 25, 2009 (4:04 pm)
Price is right about wholesale.
Considering that the car is out of warranty, you may want to consider buying one.
#140 of 212 2007 Coming off lease
Jan 28, 2010 (7:39 am)
Just wondering if anyone has seen any numbers lately either from personal experience or Manheim.
I have a '07 S60 2.5T with 31k coming off lease in 2 months and wondering if this would be a good buy or not.
#141 of 212 Re: 2007 Coming off lease [realtorken1]
Jan 30, 2010 (6:41 pm)
The average dealer retail for an '07 S60 2.5T in my area (Atlanta) is in the $17-18k range. Your low mileage will boost the value a bit, as will any options your car has.
It seems that the Willow Green cars are priced around $1k lower than similar '07 models in other colors...at least that's what I've been seeing.
#142 of 212 2007 S60 2.5T AWD
Mar 17, 2010 (8:04 pm)
I am looking into replacing my old 850 with a certified pre-owned 2007 S60 2.5T AWD with Convenient package, Premium package, and a nice looking wood steering wheel. The car has 32K miles on it. After some negotiating, the dealer is looking for $21,900. I am thinking $20K. Wonder what others think.
#143 of 212 Whats a good price?
Mar 19, 2010 (6:44 pm)
Im looking at a 2008 S60 2.5T AWD Willow Green with 23K miles for 22K plus tax.Original tires and brakes, so that work adds $1800 in next 6 months, plus 30K service another$650.
Whats a good price?
And, has anyone heard of a dashboard glare issue with the light leather interior?