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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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#66 of 139
So Upside Down I can't see straight. by sunnyday220
Apr 08, 2007 (3:45 pm)
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Hello all, I really need some fast help. I am trying to get out of a 2006 Mercedes-Benz C230. Because of a great promotion on my job, I now have 22,000 miles on the car and I bought it new in July 06 and the miles will keep coming. I found several dealers that are offering incentives one of which is Volvo on the S60. After offering $30,000 on the S60, the dealer said he'd only give me $19,000 on my trade. The payoff is $35,000. . Should I just give up and live with my huge Mercedes mistake, or is there someone who can give me advise on this issue. My credit score is 679 -711. Help please
#67 of 139
Just bought a 2006 S60 T5 SE by l12
Apr 12, 2007 (6:57 am)
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Just got a 2006 S60 T5 SE at what I think it a pretty good price, at least according to Edmunds TMV and what I read here.
 
It's got leather, moonroof, 9 speakers, pretty much all the upgrades but no navi system or heated seats.
 
Great condition but 28,000 miles after just 1 year of ownership.
 
Paid $23K flat in Florida. Taxes came out to about $1800 additional which was covered by my trade-in (old poor condition 97 Nissan Sentra w/ 66,000 miles which needed $1000 in repairs).
 
Really happy with my car so far!
 
Is it a good deal?
 
$23K was the price they told me when I walked on the lot (Sticker price was $27K) so I was skeptical and tried my best to negotiate it down but they just kept saying "This is the rock-bottom, if you want to pay less we should look at the S40s".
#68 of 139
Re: So Upside Down I can't see straight. [sunnyday220] by beaner603
Apr 12, 2007 (3:49 pm)
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Replying to: sunnyday220 (Apr 08, 2007 3:45 pm)

Let me get this straight...you have a credit score below 720, and you're driving a new Mercedes? The kind of advice you need won't be found on any car forum. Try www.suzeorman.com
#69 of 139
Re: Volvo S60: Prices Paid & Buying Experience [kasperghost] by confused7
Apr 16, 2007 (9:10 am)
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Replying to: kasperghost (Jan 01, 2007 7:31 pm)

Hi, Kasperghost (and anyone else who knows)...
 
I wanted your advice. I've got a 2006 S60 T5 and according to my trip monitor, I'm averaging 17-19mpg. (The car has 15,000 miles on it - I bought it used from a dealer in May 06 at 7700 miles. The dealer had put it on the road in Dec 05.)
 
I do all city (Los Angeles) driving, not much freeway though. What is your secret?
 
What gasoline are you using? (BTW, I can't get a straight story on whether 87 is bad for the car or not... the manual says use either, the dealer I bought it from was putting 87 in it, and the dealer nearest me who just did a service on it says, only use 91!)
 
Thanks.
#70 of 139
Re: Volvo S60: Prices Paid & Buying Experience [confused7] by l12
Apr 23, 2007 (8:04 am)
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Replying to: confused7 (Apr 16, 2007 9:10 am)

As for gas, 87 is certainly not bad for the car. Any higher may give you increased performance in terms of speed, but not better MPG.
 
I have the exact same car as you with 28,000 miles.
 
As for mpg, I get 20 city in a small city with much less traffic and stopping than LA so I'm sure 17-19 is not bad really. All you can do to improve is not use AC, keep windows up (air drag), accelerate slowly, don't go too fast, and keep the tire pressure high.
#71 of 139
2007 Volvo S60 2.5T by realtorken1
May 01, 2007 (6:18 am)
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Ok, what do you all think of this offer...
 
'07 S60 2.5T
Premium Package
Climate Package
 
$23,886.75
 
We are going to be leasing it and with $2k down for about $320 for 36 with a 42% residual which leaves us able to purchase at the end of the term a 3 yr old S60 for around 10k
#72 of 139
Re: 2007 Volvo S60 2.5T [realtorken1] by spiderdan
May 01, 2007 (6:52 pm)
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Replying to: realtorken1 (May 01, 2007 6:18 am)

The residual is based on MSRP, not negotiated priced. Since the MSRP on your car is approx. $35,700, the residual will be around $15,000. Nevertheless, you got a great deal. How did you get the dealer to go below $24k? They're probably losing money on this one.
#73 of 139
Re: 2007 Volvo S60 2.5T [spiderdan] by vtdog
May 03, 2007 (7:37 pm)
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Replying to: spiderdan (May 01, 2007 6:52 pm)

I started looking at S60s. I had an offer of $ 500 over invoice (cant remember exact figure), but it was in line with invoice numbers that I have seen on KBB/Edmunds. The car was an automatic with awd with the 3 big packages, but not nav. They will also replace the 17 inch wheels with 16 and take off an extra $ 500 if that is what I want.
 
How does the $ 500 over invoice seem?
#74 of 139
Re: Volvo S60: Prices Paid & Buying Experience [confused7] by kasperghost
May 05, 2007 (5:47 am)
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Replying to: confused7 (Apr 16, 2007 9:10 am)

When I drive around town, I tend to get 25 mpg. per my trip computer. I drive a stick as well. But with modern automatic trannies, this factor should be at the outside a mile or two mpg. I also live at 6300 feet in altitude. Altitude is not a function of fuel economy. You do lose power though. My commute is 5 minutes from home (6 on a bad traffic day:). This is hard on the engine. Since we got a puppy, we have been taking the dog on longer trips. So I am taking a lot of short trips on a cold engine. I should have poorer MPG.
 
I also tend to baby my turbo on these kinds of trips. I try to stay below the magic 2700 RPM barrier or ease past it. The only time I start ripping on my turbo is when the engine has been running for at least 20-30 minutes. Having the manual allows for very low shifts.
 
Gas- Premium.
 
Your car has adjustable cams, knock sensors, etc. that manage fuel ignition to the nth degree. Fuel is a choice because the car compensates. You will lose power with lower octane ratings though because they atomize less quickly and less fuel is burned per stroke, therefore the engine "detunes" itself. Octane rating is how quickly the gas evaporates- nothing to do with power. (I am sure the power loss is miniscule though)
 
My wife grannies her truck around and it specifically states premium only- yet it has been running on regular for several years just fine.
 
Were all services done?
 
Don't know that this was much help.
 
What's you color and options- don't you love the way it drives!
 
Good luck.
#75 of 139
Help with offer on S60. by pixiepoo
May 21, 2007 (7:49 am)
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I went to a dealership on Saturday & here are the numbers: (S60 with Premium & Climate pacakges)
MSRP: 35400
Invoice (per dealership) 31500
Dealer Incentives 4500
Invoice from Edmunds 30495
 
So according to the worksheet i subtract 4500 from the invoice 30495 & have a figure of 25995. This is the amount I should pay? Are they going to laugh me off the lot when I offer that amount?

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