Volvo CX90 - when to buy the 2016 model?

starscot

I had been looking at 7 seater SUV's and had been considering the CX90 , Arcadia and Explorer.

I have been put off the Arcadia and the Explorer as i have been told with new versions arriving on the market in 2017 i will loose money in the long run ( 4/5 years) by buying a 2014/2015 now. I have always admired the volvo and i am now looking at the CX90 as an option as the new model came out in 2016 therefore will be around for a few years yet.

My questions
- is this correct i would be loosing comparatively in the long run buying a now discontinued version of a Explorer or Arcadia or you think the "older version" will still be a good option?
- If i want to by a 1 year (used) Volvo when is the best time to discuss this with a dealer?

thanks!!!!!

brian125

Start negotiating price to buy the last days of any month. That will net you the dealers lowest price especially if dealer needs to make a monthly sales quota that has not been met yet.

I always buy on 2nd to last day or last day of the month. I live in the nyc area so when I'm shopping for a new vehicle I usually get 15 to 25 dealerships involved in the price wars spanning 4 to 5 states sometimes. The Volvo XC90 is a very nice Suv. your looking at 60k plus for a new to used 2016 model that's not fully loaded. Its a excellent choice if you could afford one

If you need advice on negotiating the best deal click on my name @brian125 then on my home page click on my 4500 comments read my posts on how and when to buy to? how to make your best deals etc. After you read some of them post back if you need more help.

Good luck

brian125

Your biggest depreciating hits occur the first 3 yrs of all vehicles. I think you could make a better deal on any 2016 model buying it in 2017. You are correct don't buy a 2 , 3yr old model that has been updated, refreshed or redesign unless you don't care about features, looks etc.

On Jan,1st 2017...... all 16 model vehicles R considered a 1 yr old model and has depreciated 3k to 7k off original selling price .

Hyundai's , Kia, GM vehicles depreciate real bad that's where some of the best deals lie. Toyota , Honda , Lexus hold there value well

inthelou

Hyundai and Kia are putting some of the best vehicles out right now with Kia in the top 5 of initial owner satisfaction (owned by Hyundai). You can get a Hyundai with every option of a Volvo and they will back it for another year (5 years bumper to bumper to warranty) versus Volvo (4 years bumper to bumper warranty). Then your maintenance cost with Volvo at 30 and 60K is also going to run you about $800. Percentage of value and cash spent are two different things.
I can spend a 100K on a totally loaded 7 passenger Volvo XC90 and it will be worth 50K in four years (very high estimate guess). Your out $50K, as I say, forget the percents.
I can spend 45K on a totally loaded 7 passenger Hyundai Sante Fe and it will be worth 20K in four years (but still has a year of bumper to bumper warranty left). Your out 25K. Double your spend over four years? GO DRIVE AND DECIDE

Spending another $2500 for a B&W stereo after shoveling over near 70-90k for the Volvo is criminal.

brian125

Very true.................. Gotta pay to play. Expensive cars r Financially the worst investment in the world with depreciation costs, most vehicles are.

The smart shoppers are buying a 2 / 3yr old model.

MY Bmw X-5 cost me 76k. In 4yrs I'll trade mine in for a new Santa Fe

brian125

Just one note thou....... I drove both XC90 and the 16, Santa Fe....... There is no comparison

brian125

Best resale value on all midsize Suv's goes to The Toyota Highlander