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Volvo S60: Prices Paid & 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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#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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