Buying a 2006 R with 60k miles?

1480 Views 19 Replies 7 Participants Last post by JRL, Mar 28, 2009

oshi

Discussion Starter · Mar 26, 2009

Well first off I'm sorta new here, so...hi ::waves::

I've been lurking for awhile so I have an idea of the common R problems, but I'm looking at picking up a lease turn-in and I'm just trying to make sure I know what I'm getting in to. I know it'll be having its 60k service and that's a big one, but I'm wondering if there are any other problems that tend to come out about this time that I should prepare for. Is there any reason that I should maybe wait and try to get a lower mileage one later?

The car is in gorgeous condition otherwise except for some beat up rims, and I would get a pair of 18's for it for the summer anyway. And it's a GT (not ideal but not really a deal breaker in my case) but the titanium/atacama is too good to pass up.

So any thoughts? I'm planning on definitely joining the rank of R owners sometime this year but the sooner the better right?

Thanks for any input

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MagoonR

· #2 · Mar 26, 2009

Re: Buying a 2006 R with 60k miles? (oshi)

Actually, 60K isn't much of a big service IIRC. That said, maintenance history is of major importance since it is a lease return. If it has the "recommended 7500 mile oil change interval", not a good starting sign. Also, the earlier 06 GT's are subject to bad transmission valves which can cause issues.

oshi

Discussion Starter · #3 · Mar 26, 2009

Re: Buying a 2006 R with 60k miles? (MagoonR)

I just know that at our dealership the 60k is the ridiculously expensive one

I'll have to take a look at the maintenance history and see when it was made. They still have to get it in the garage to check it out before they sell it so I'm waiting on that information too. Thanks for the info.

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Needsdecaf

· #4 · Mar 26, 2009

Re: Buying a 2006 R with 60k miles? (MagoonR)

Quote, originally posted by MagoonR »

Actually, 60K isn't much of a big service IIRC. That said, maintenance history is of major importance since it is a lease return. If it has the "recommended 7500 mile oil change interval", not a good starting sign. Also, the earlier 06 GT's are subject to bad transmission valves which can cause issues.

60 k includes spark plugs.

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MagoonR

· #5 · Mar 26, 2009

Re: Buying a 2006 R with 60k miles? (oshi)

Quote, originally posted by oshi »

I just know that at our dealership the 60k is the ridiculously expensive one

First service rule of thumb..........NEVER ask for a xxx mile service because each dealer has his own idea of what needs to be done. Use the service booklet as your guide or insist on asking what is included in the service before okaying it. That said, you should probably have ALL fluids changed on this car due to mileage.

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oshi

Discussion Starter · #6 · Mar 26, 2009

Re: Buying a 2006 R with 60k miles? (MagoonR)

I should have mentioned, I work at the dealership so I'm not too worried about them screwing me over. And since I'm buying it at 60k I wouldn't mind getting everything checked and fixed up.

Oceans60R

· #7 · Mar 26, 2009

Re: Buying a 2006 R with 60k miles? (oshi)

Quote, originally posted by oshi »

I should have mentioned, I work at the dealership so I'm not too worried about them screwing me over. And since I'm buying it at 60k I wouldn't mind getting everything checked and fixed up.

Don't be so sure, unless you are the used car manager

The dealer I worked at ripped off an employee's mother and she had to sue to get her money back.
Anyway, welcome to the forum. I don't think 60K is that many miles. I've seen many Volvo's with hundreds of thousands of miles on them and still in good condition. Then again, I've seen cars with as little as 27K miles and be totally trashed by the owner and their family .

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Sue Esponte

· #8 · Mar 27, 2009

Re: Buying a 2006 R with 60k miles? (oshi)

IMHO, 60K seems like a lot of mileage for an '06. Maybe just because my '05 has ~37K miles on it.

I guess whether it's worth it depends on the price and condition of the car. I think JRL has a good gauge on market prices since he watches these cars pretty closely on the auction block. It seems to me that you might even be able to get an '06 that is still under warranty for a few miles/months, too.

Is your dealer getting the car CPO'd with a 10yr/100K warranty?

-Eric

JRL

· #9 · Mar 27, 2009

Re: Buying a 2006 R with 60k miles? (Sue Esponte)

Quote, originally posted by Sue Esponte »

Is your dealer getting the car CPO'd with a 10yr/100K warranty?

-Eric

You should know it's close to impossible to CPO a 60K mile car, possible, but highly improbable.
You better not be paying more than 16,000- 16,500K for it?
40K mile 06's, NICE ONES, are selling for 17-18K, but that extra 2000 miles translates to 2000-$2500 less, so if you're getting a "deal", that's all it should cost you.

Sue Esponte

· #10 · Mar 27, 2009

Re: Buying a 2006 R with 60k miles? (JRL)

Okay, okay....the only thing I know is that I need another cup of coffee.

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MagoonR

· #11 · Mar 27, 2009

Re: Buying a 2006 R with 60k miles? (JRL)

Quote, originally posted by JRL »

You should know it's close to impossible to CPO a 60K mile car, possible, but highly improbable.

Especially if you want a 10yr/100K CPO warranty.

Quote, originally posted by JRL »

You better not be paying more than 16,000- 16,500K for it?
40K mile 06's, NICE ONES, are selling for 17-18K, but that extra 2000 miles translates to 2000-$2500 less, so if you're getting a "deal", that's all it should cost you.

And an extra 20,000 miles will really do a number on the price.

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Sue Esponte

· #12 · Mar 27, 2009

Re: Buying a 2006 R with 60k miles? (MagoonR)

Quote, originally posted by MagoonR »

Especially if you want a 10yr/100K CPO warranty.

I'm not sure why that's a screwy thought.

The basic warranty is for 4yrs/50K miles.

Since it's an '06, it's only ~3 yrs old and just 10K miles over warranty. If he could get it, why wouldn't he want the extra protection of 40K miles and 7 yrs?

-Eric

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MagoonR

· #13 · Mar 27, 2009

Re: Buying a 2006 R with 60k miles? (Sue Esponte)

Quote, originally posted by Sue Esponte »

I'm not sure why that's a screwy thought.

The basic warranty is for 4yrs/50K miles.

Since it's an '06, it's only ~3 yrs old and just 10K miles over warranty. If he could get it, why wouldn't he want the extra protection of 40K miles and 7 yrs?

Hmmm........thought that the longest warranty is 7yr/100K which is from inservice date.

Sue Esponte

· #14 · Mar 27, 2009

Re: Buying a 2006 R with 60k miles? (MagoonR)

Quote, originally posted by MagoonR »

Hmmm........thought that the longest warranty is 7yr/100K which is from inservice date.

I thought 7yrs was for an "extended warranty"....and even if that is the case, it's possibly another 3-4 yrs of warranty, no?

-Eric

MagoonR

· #15 · Mar 27, 2009

Re: Buying a 2006 R with 60k miles? (Sue Esponte)

Quote, originally posted by Sue Esponte »

I thought 7yrs was for an "extended warranty"....and even if that is the case, it's possibly another 3-4 yrs of warranty, no?

Extended warranties are from the "in service date" so a 7yr would net 3-4 in this case.........but it is not a 10yr.

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Edogg218

· #16 · Mar 27, 2009

Re: Buying a 2006 R with 60k miles? (MagoonR)

I bought my car almost three years ago in 2006 with 67K miles and it was CPO'd. I have 141K now I couldn't be happier!

oshi

Discussion Starter · #17 · Mar 27, 2009

Whoa thanks for all the info

I have to wait til monday for the price apparently, stupid weekend of waiting, argh. It will definitely be CPO'd, they didn't give any indication that it wouldn't be possible, and I don't see why it wouldn't considering there are still 40,000 miles worth of warranty available. I was hoping for 18k as a good price, it would be nice if it would go for less.

Took it out for a drive today and it just feels great. I'm guessing with how many miles it has it must be mostly highway miles, and the previous owner didn't seem to beat it up.

Oh well, we'll see what monday brings.

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MagoonR

· #18 · Mar 27, 2009

Re: (oshi)

Quote, originally posted by oshi »

It will definitely be CPO'd, they didn't give any indication that it wouldn't be possible, and I don't see why it wouldn't considering there are still 40,000 miles worth of warranty available.

It may not be possible because the OEM 4/50 warranty has expired and the CPO has to be done before that (though there may be some leeway as JRL noted).

oshi

Discussion Starter · #19 · Mar 28, 2009

Re: (MagoonR)

Everything I've seen says it just has to be from within the past 5 model years and have less than 80,000 miles. Might be easier when it's still in factory warranty but should still be an option. I'll definitely have to check on that Monday though.

JRL

· #20 · Mar 28, 2009

Re: (oshi)

18K is WAY too much.
Give me 19K and I'll get you an 06 IN factory warranty.
The prices on Volvos drop like a stone once they hit 50,000 miles.
I just bought (and giving back) an 04 with 78K miles.
It needs about $6000 in mechanical work! (angle gear. tranny work, front end, all 4 shocks, etc)
Just saying, be VERY careful with a 60k mile R

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