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
#73 of 212 Re: 2007 Volvo S60 2.5T [spiderdan]
May 03, 2007 (7:37 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 212 Re: Volvo S60: Prices Paid & Buying Experience [confused7]
May 05, 2007 (5:47 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.
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!
#75 of 212 Help with offer on S60.
May 21, 2007 (7:49 am)
I went to a dealership on Saturday & here are the numbers: (S60 with Premium & Climate pacakges)
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?
#76 of 212 Re: Help with offer on S60. [pixiepoo]
May 21, 2007 (8:32 am)
Invoice you mention (30495) is for an S60 WITHOUT the options. You need to factor in the cost for Premium, Climate and paint (if applicable). According to Edmunds, invoice would be $33,324 (if you went with metallic paint upgrade).
#77 of 212 Re: Help with offer on S60. [spiderdan]
May 21, 2007 (9:31 am)
Oh, I was looking at the TMV Price. Without options it is 26660. With options the tmv price IS 30495. Im not going with the paint upgrade. Am I wrong in wanting to use the TMV price & then deducting the Rebates from that? That is how the TMV worksheet has it set up.
#78 of 212 Re: Help with offer on S60. [pixiepoo]
May 21, 2007 (9:47 am)
Wow, that's a huge TMV price fluctuation compared to my area (44056). TMV in Cleveland, OH is $34,454 (S60/Premium/Climate).
#79 of 212 Re: Help with offer on S60. [spiderdan]
May 21, 2007 (10:22 am)
It is a big difference. Do you think they are going to think I am nuts offering that price?
#80 of 212 Re: Help with offer on S60. [pixiepoo]
May 21, 2007 (10:43 am)
Not if the incentives from last month are still in place. Here's the deal I got on my S60 (Metallic/Premium/Climate):
- MSRP: $35,725
- Cap cost (negotiated deal): $25,425
- Residual value: $12,488
- Money factor: .00191
- Term: 48 months/12,000 miles
- Total due at delivery: $629 (first payment, doc, title)
- Monthly payment (includes tax): $379.72
- Ohio tax (6.25%) and bank fee was worked into the lease
Basically I got the car for $100 over invoice. And then there was $8000 of customer cash from Volvo if leasing through third-party bank (US Bank in my case).
#81 of 212 Opinions on this deal
May 25, 2007 (7:39 am)
The offer now is $28200 not including $300 processing fee. It doesn't includeT/T either-these will be right under $1000. This is with the premium & climate-Ice White. How does that sound?
#82 of 212 Re: Opinions on this deal [pixiepoo]
May 26, 2007 (9:29 am)
I think you could do much better. As Car_man recently stated Car_man, "Volvo S60: Lease Questions" #358, 23 May 2007 4:03 am), the customer cash on an S60/2.5T is $8500. So at a minimum, your capitalized cost should be TMV minus $8500. Basically anywhere between $24,400 - $25,500 should be a decent deal.