Re: Opinions on V70R deal (RZielinski)

Quote, originally posted by RZielinski »

Hoping to join your club soon, but seek advice before spending more than necessary on the "R club entry fee". The car: '07 V70R, Sonic/Gobi, 6MT, Premium, Climate, Nav, Rear Park Assist, 19K miles. http://www.portlandvolvo.com/P...71616 Plusses: 6 Yr/100K warranty (don't know the deductible yet, $200 I bet), local Volvo dealer (no travel/shipping costs or distance hassles), My preferred colors. It seems pretty rare and just the one I want. Other than minuses below, it looks very clean. Minuses: Front dam repainted, door ding on rear wheel well with paint broken (small but still may require real body work), minimal curb rash on two wheels, original tires (passed inspection but surely goners). I'm concerned that the abysmal economy and permanent high gas prices have recently eroded R resale value (not yet reflected in NADA prices), and the dealership should eat that cost, not me. They, however are not very negotiable/realistic IMO. We've settled at $34,000, which I realize is at least $1000 too high. (They won't budge on new tires etc.) I consider $1000 the price of my lust for this particular car, its rarity, and an offset of the cost of buying/shipping from a distant dealer. My question to R'philes: Is this price just stupid, or is it in the ballpark enough to accept (lust tax considered)? I'm unsure what the warranty is really worth. Before signing, I will inspect it on their lift. I'd like your input because I'd like to know if I should walk out should we find thin brake pads, or other non-warranty items that they refuse to fix at the agreed-upon price. -Hoping to join you soon and pick an avatar. RZ

There's been plenty of talk about this very car here: http://forums.swedespeed.com/zerothread?id=98088

Read down towards the bottom...... apparently they paid a lot for it at auction.

p.s., it's been on eBay, too. Lots of bids but reserve was too high.

 

Re: Opinions on V70R deal (RZielinski)

Bottom line, around 30K would be a great deal on a USED car, and perhaps 2K more for the CPO warranty. I would push them due to the gas costs for this beast--thus put them on the defensive. Overall 34K is way too overpriced.

Don't forget this is not the lastest model, thus they are at a disadvantage to sell the last body style vs the new one.

 

Re: Opinions on V70R deal (funglenn)

Quote, originally posted by funglenn »

Bottom line, around 30K would be a great deal on a USED car, and perhaps 2K more for the CPO warranty. I would push them due to the gas costs for this beast--thus put them on the defensive. Overall 34K is way too overpriced. Don't forget this is not the lastest model, thus they are at a disadvantage to sell the last body style vs the new one.

So? (and it's not WAY overpriced, maybe slightly)
It's called supply and demand, how many of those are you going to find, NONE (right now)
I think if you are deadly serious, you should be able to get it at 34K and have them install a new set of tires.
Go there with your checkbook and give them your offer, pen in hand but are you ready to give it up for a grand?

 

Re: Opinions on V70R deal (JRL)

Quote, originally posted by JRL »

So? (and it's not WAY overpriced, maybe slightly) It's called supply and demand, how many of those are you going to find, NONE (right now) I think if you are deadly serious, you should be able to get it at 34K and have them install a new set of tires. Go there with your checkbook and give them your offer, pen in hand but are you ready to give it up for a grand?

Ditto.

This is a Sonic MT WAGON with NAV.

Rarer than hens teeth, and they don't make them anymore.

If YOU are comfortable with the price, don't listen to the naysayers, just buy it!!! As JRL said, it's not a total ripoff.

Also, since it's a Volvo dealer and it's CPO vs. VIP warranty, then there's no deductible on the warranty.

 

Re: Opinions on V70R deal (Needsdecaf)

Quote, originally posted by Needsdecaf »

Ditto. This is a Sonic MT WAGON with NAV. Rarer than hens teeth, and they don't make them anymore. If YOU are comfortable with the price, don't listen to the naysayers, just buy it!!! As JRL said, it's not a total ripoff. Also, since it's a Volvo dealer and it's CPO vs. VIP warranty, then there's no deductible on the warranty.

You WILL NOT find another like it for a long, long time (or until mine is for sale) and you can be sure that even though mine's only a "troll" 2006

(with less miles! http://********************/smile/emthup.gif ) whoever winds up with mine will be paying a heck of a lot for it, much more than any pedestrian 06 VR out there

 

Re: Opinions on V70R deal (Needsdecaf)

I'm still confused about the warranty. Many Volvo dealers' ads for late model used cars offer "6 yr/100K" warranties. What exactly does "CPO" get you? Are they one in the same? Previous thread regarding Total Care Warranty seemed to be referring to this 6 yr warranty, but indicated various deductibles offered (from a Volvo dealer).
RSZ

 

Re: Opinions on V70R deal (RZielinski)

Quote, originally posted by funglenn »

Don't forget this is not the lastest model, thus they are at a disadvantage to sell the last body style vs the new one.

I must have missed the new style R wagon on the market........errr R Design. Then again, Volvo dealers are at a disadvantage to sell the new V70 even without the R Design.

Quote, originally posted by RZielinski »

I'm still confused about the warranty. Many Volvo dealers' ads for late model used cars offer "6 yr/100K" warranties. What exactly does "CPO" get you? Are they one in the same?

CPO (Certified Pre Owned) gets you a 6/100 warranty from the in service date of the vehicle.

 

Re: Opinions on V70R deal (RZielinski)

Certified Pre-Owned includes an extended warranty up to 6 years from in service date, 100k total miles. There is no deductible.

CPO is a program that can ONLY be administered by a Volvo dealer. They pay into the program to register the car, and they have to do additional checks on the car.

It usually adds about $2k to the price of the car.

A VIP (Volvo Increased Protection) warranty is available only from a Volvo dealer, but you don't have to buy the car there. It has a range of years (up to 7 years I believe), mileage (up to 100k) and deductibles, so you can choose what fits you best.

It is pricey, I believe for a VR to get to 6/100k with no deductible, you'd be looking at upwards of $3,500 (plus tax) before negotiation.

Coverages are similar, and similar to the factory warranty, but not the same, and each additional warranty is not as comprehensive as the factory (for instance, VIP does not include hoses, even when in conjunction with another repair, like a power steering pump).

 

Re: Opinions on V70R deal (Needsdecaf)

Wouldn't think twice about this. I overpayed about $1k on mine, but I too attribute it to my lust to own a 6-speed R wagon and the rarity of the vehicle. You're lucky you got the price down like you did. And if you're getting a CPO warranty on that, it sweetens the deal. That wasn't an option on mine (didn't get it from a Volvo dealer).

Do It!!

 

Re: Opinions on V70R deal (T5 for Life)

Many thanks for the info and "support". I'll report back Wed night, with a review of the folks at Portland Volvo. So far, they have been reasonable, respectful and not pushy. Hopefully, I'll encounter no unexpected snags on Wed, and will seal the deal. Wish me luck.

 

Re: Opinions on V70R deal (RZielinski)

I'll be very disappointed if it's not yours after Wed.
It's the exact same car as mine (different leather).
and had an MSRP of about $49,000!
Look at it this way, I bought mine (06) from Chris a year ago for MORE than that!
Sure it has about 8 grand in aftermarket options

that I wanted, Nevertheless, for most people (and the industry) aftermarket option are not worth any more for resale than a stock car and for most people (and most dealers) worth LESS

 

Re: Opinions on V70R deal (JRL)

Why? If it's not mine, I'll be forced to buy one of yours! None the less, I will try not to disappoint you Wednesday.

 

Sonigobi 6-speed http://********************/smile/emthup.gif (I'm not a 'cama fan')

Regardless of whether or not it's overpriced, underpriced, etc., the real question is whether you want to spend $34k for this vehicle. I'd get a thorough test drive, history, and personal inspection of the vehicle.

JRL makes a good point. If they let you walk because of tires, then they made a huge mistake.

I SEVERELY overpaid for my '04 S60R in October. 27,000 miles, and I still paid $19k after a $9k trade-in for our (lousy) '02 S60 AWD. I don't regret a thing. The biggest bonus for me is having a competent dealer nearby.

 

Yeah ultimately if you like it and you are happy with it then do it. In all, cars are some of the worst investments we make in our lives from a rate of return perspective, but that's not fair to them. We buy them because we need them and use them, and if you're on this board with any sort of regularity, also because they probably make you happy.

If at the end of the day, you like this car and since the price seems fair, just do it. You only live once and this is a rare bird.

If you can't sleep at night having paid 34, but could live with $33,500 try getting bluetooth thrown in or something. Less expensive than a new set of tires, but still it's something. The dealer wants to get you to yes, so use that to your advantage while remembering they have to put food on the table too.

 

Re: (fasts60r)

And keep in mind that if this car is CPO, and the dealer paid $30,400 at auction, they are into at it for north of $1k for the CPO certification. So now you're $31,500 plus without doing anything to it. $34k isn't a big deal.

CPO should have wear limits on the tires, get a depth gauge and figure out if they're required to replace them under the terms of the program.

 

Been trying to get the GF to look at that very car. She has an 01 accord POS. Claimed she now wanted an SUV so her and I could "haul" stuff. Told her to look at the V70R, tried showing her this one. She wants no part of a wagon. I even offered to give her the S and I would drive the V.

 

Re: Opinions on V70R deal (RZielinski)

I hope to see a sweet almost-new Sonic Blue R in Dover very soon...

Like some others have said, I know I overpaid for my 04 a few years ago, but I love it, and wouldn't trade it for anything. If you like, you know it's a fair price and you'll enjoy it no matter what.

 

Re: (Needsdecaf)

Quote, originally posted by Needsdecaf »

And keep in mind that if this car is CPO, and the dealer paid $30,400 at auction, they are into at it for north of $1k for the CPO certification. So now you're $31,500 plus without doing anything to it. $34k isn't a big deal. CPO should have wear limits on the tires, get a depth gauge and figure out if they're required to replace them under the terms of the program.

Check the list Volvo uses for CPO qualification (130 or so items) - almost certain that tire wear is on the list. I've purchased two CPO Volvos in the past, and both had new tires. These guys just paid too much and don't want to invest any more $$ to sell it. Insist on new rubber just before you close the deal - they'll do it.

Modified by ZenZone at 7:57 AM 5-28-2008

 

Re: (ZenZone)

Wow, thanks to everyone for the great ideas and support. I'm really feeling the love here!

I'm not sure how to leverage the tire tread as it applies to CPO. Since tires aren't covered by warranty, and they passed them for inspection, I'll bet they'll stand firm (and require Me to replace them soon to maintain my warranty). Won't stop me from trying though.

It won't be a deal-breaker for me, but if other little stuff comes to light tomorrow, I'll use it all together to negotiate something. I'm certainly willing to compromise and will find out tomorrow how they treat a serious customer. Thanks again for the help. Will report back tomorrow evening.
Jeez, hope I can sleep tonight, I feel like I did at age 7 on Christmas Eve!

 

Re: (RZielinski)

They cannot require YOU to do ANYTHING with regards to warranty except service it

 

Re: (RZielinski)

Quote, originally posted by RZielinski »

Jeez, hope I can sleep tonight, I feel like I did at age 7 on Christmas Eve!

If there was any doubt whether this car might be worth the premium to you, there is your answer. I am looking forward to hearing what they say.

 

Re: (fasts60r)

Quote, originally posted by fasts60r »

If there was any doubt whether this car might be worth the premium to you, there is your answer. I am looking forward to hearing what they say.

....and let's hope they're not reading this thread!!

 

Re: (Needsdecaf)

OMG, Volvo salesmen can read?

Just kidding Peter. I think I've already been "reasonable", and expect only to be treated decently. New problems crop up = new plan = new price. Games to squeeze a few more bucks out of me and I walk.

 

Re: (RZielinski)

My car is in for service at Portland Volvo...this V70 R is nice. I've been drooling over it...I thought about trading in my S60R for it.

 

Re: (Blurry)

Well Blurry, it's yours for the taking.

On closer inspection, I felt bad Karma from this poor mistreated R. The left rear quarter has also been painted, (so it needs body work on a previously repainted area), both right wheels have been repainted (badly, using the wrong paint

, and the left two need repair. The tires are so bad as to be dangerous. They have the worst cupping I have ever seen, sound and track terribly. The right rear brake caliper is badly scuffed, as though a rock or mud got caught in the wheel. The front dam was pulled off, missing a clip and is repainted (fairly well, not excellent).

Mind you, this is all superficial and repairable, but: If the original owner did all that in 1 year, didn't keep tires properly inflated, can't park (on either side or pulling up to a parking bumper), and was too cheap to pay for competent wheel repair.... one wonders how the clutch looks, among other things.

They admitted the tires could not pass CPO, but would not replace them at $34,000. I could have tires or CPO, not both. To me, this is not a reasonable price.

Peter (sales) was very pleasant, and straightforward. Nobody made stupid excuses for the car's flaws, or tried to BS me. They said what they were willing to do, and stuck to it. They were nice enough to drive me to the Amtrak station to get home (wife had to leave to pick up kids, that's how serious I was about this purchase). No hard feelings about Portland Volvo, but I think they made an error in appraisal and aren't yet ready to take their loss. I guess they expect an impulse buyer with more money than knowledge to pay $35K for it. My conviction is that those imprudent buyers are now nursing their upside-down mortgages and credit-card debt, or buying BMW's. If they find him, more power to them.

Sooo.... back to the search. JRL, are you listening?

Modified by RZielinski at 4:11 PM 5-28-2008