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Title says it all. Local dealer is offering an '01 V70XC 2.4T with about 55K miles for $17500. Has leather, CD, cassette, heated seats, sun roof. We'd like either booster seats and/or third row (doesn't have either), but could forego the former or add the latter if necessary. Clean, with clean carfax (was a rental, with one rental car agency). 3mo/3K mi warranty from dealer.
Our big gripe is that it's LOUD; road noise, like what you get with 'grave digger' souped up off road trucks. Think it may be the Scorpion tires. Would only buy if we could finagle a deal in which I could replace the tires first, to see how it sounds (yeah, I'd be willing to swallow some cost, if this is really a good deal).
What do you all think?
Thanks,
Todd
Been checking here for Manu-to-Consumer or Manu-to-Dealer rebates, but I don't see any. Can you verify that there's none available? (I did see that there is some special financing avail) but we're more interested in the cash back.
Thanks!!
Base-32,756
Frght-685
Met Paint-387
Climate Pkg-537
Prem Pkg-2575
Conv Pkg-683
Wood St. Wheel-279
Bi-Xenon lights-602
16" Xenia Wheels-258
Sirus Sat Prep-55
HuU 850 Stereo/6 CD Changer-1032
Park Asst-344
DSTC-597
Int. Air Quality-150
Dealer Ad fee-250
$41,190
+ 3% over invoice ($1235.70) (see above prices, all are invoice prices)
or a total of $42,425.70
This compares to MSRP of $44,220.
I need to make a decision fairly quickly. Also, dealer advises that Volvo is hiking prices by $500 the first of the year. Has anyone heard about the price hike?
Thanks for your input.
This dealer also did NOT mention the $1500 incentives, nor did he mention the Lease offer I have seen on another board. All he did was flash "monthly" payments under my nose. Really turned me off. But I thought I did my homework, and obviously, I did not do enough of it!
I also had the dealer evaluate my 2001 BMW for purposes of determining trade in $$$, and this car is in very good to excellent condition. The dealer low balled me on that, too. So far, this has not been a very pleasant buying experience, but that is usually the case for me.
I REALLY appreciate your input/help. Thanks!
Is this incentive applied to MSRP or to Invoice cost? Should the dealer have disclosed this to me?
It sounds like you WERE being a smart buyer. Unfortunately, Volvo keeps a lid on the manufacturer-to-dealer incentives, and the information is not widely available on the Internet. I know of only one other car-related site that reports them, which I don't think I'm allowed to mention here. How they get their information isn't clear, but it seems to track with what other buyers have reported.
The dealer has every right not to tell you anything about the incentive. However, if he doesn't tell you, or if he doesn't adjust his price accordingly, he runs the risk of your feeling "taken" once you find out. And that could mean bad word-of-mouth for him later. I'm sure some salesmen don't care about that, since many don't stay with the same dealer that long.
The incentive is a reduction from invoice price. So if the invoice on a car is $35,000 and the the incentive is $1500, the dealer's ultimate cost is $33,500, not allowing for advertising fees, etc. I'm not sure how the dealer is paid. I believe that he receives the payment from the manufacturer only after you buy the car.
I would extend my search to other dealers not in your town. Getting quotes from other dealers even if not in your immediate area is the best way to know if the prices demanded by the in-town dealer are competitive. If you're in a hurry to buy before Jan. 1, consider taking some time off next week (like the rest of the world) and do some serious haggling with other dealers, in person, by phone or by e-mail. If they're not too far away, you might consider purchasing from them, or using the information as leverage with the nearby dealer.
I am waiting until January or February. I am betting the incentives will rise, because few people feel like car shopping then. I hope I'm right.
On another note...
Have you (or other forum members)test driven the 2005 XC70? I kept one overnight and had a chance to drive in daylight and at night, and in a rainstorm. The car handles nicely. I did not have a chance to play with all of the bells and whistles. But I did notice that the seat heater is very poor/has a weak heating element. I can barely tell it's on. I also noticed that the door locks do not automatically engage when you get under way. Is this an after purchase setting that you can opt for? And does anyone know if the locking mechanism has an audible beep/horn sound when opening or closing? I like this feature on my current car. Along with flashing tail lights, it has helped me find then car when it is parked in one of those gigantic parking lots at the airport, etc. I also noticed the "rain sensor" wipers are a bit weak, too. Not nearly as responsive as others have been on other cars. Can anyone comments on these or other features, both good and bad?
As for the locking. First off, no, Volvos do not beep when you lock or unlock. If you can't find your car on a big parking lot you'll have to press the panic button to set off the alarm. Not nice to other people, but oh well...
Your dealer can set up the vehicle to lock its doors when you hit 10 or 15 MPH. This isn't something you can do yourself, dealer have to do it.
As for seat heaters and rain sensing wipers... Thos I know nothing about.
Today I got word from an out of town dealer that he could sell me an 2005 XC70 with the Premium, Climate, and Convenience packages and the car also has the Bi-Xenon headlamps. He is quoting a price of $39,052, minus the $1500 incentive for a final price of $37552.00. I think this is a pretty good price. Anyone care to comment?
I know dealers charge more than private parties, but if you do a search in cars.com with 150 miles within zip 92677, you should be able to find some cars with similar miles and options (in Power Irvine Volvo) lower than your dealer's asking, if you can get the car back to the east.
If I were you, I'd hold the purchase. I think in winter XC is more in demand. Also, with more newer design of 05 XC70s, 01-04 should have more lower pricing pressure with time.
Since this car is not already on his lot, how does this affect his holdback?
I REALLY would appreciate some help from those of you in the "brain trust" .
Many thanks.
Actually, it's the other way around, the miles is what does it ... Left Coasters will pay the same money for a 25k vehicle that a East coaster will spend on a 12k vehicle, the higher mileage is what the Left Coasters live with ..............
Terry.
We bought a V70 at the end of the year in Silicon Valley. The car was transported up from the LA area (Irvine) and the price was $550 for one car going down and one coming up. Since this is not coast to coast, I assume your dealer will have to pay a few hundred more. If they do not swap cars, the price will probably be similar. Have them show you the quote from the shipping agent.
I believe the dealer initiating the deal has to pay for the shipping, but am not sure how exactly that works. The shipping did not influence my purchase price (MSRP of 41,855 sold for 37,000, which was $350 below carsdirect), so I am not sure whether the dealer had to really bear all of the cost. Also think Volvo dealers make 5-7% on the back end, so there will be plenty to make up for the shipping. When they buy a car from another dealer though, rather than trading, they loose some of the back-end and that makes the deal less attractive to them.
I did not get into the hold-back, since if the car is traded between dealerships, they have to pay the hold-back on the car that is traded.
Hope that helps.
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My question about incentives---the dealer tells me that incentives in effect at the time the car arrives at the dealership would be honored, BUT, he could not tell me what those incentives would be. Apparently the current incentive program would not apply to a factory ordered car. So how in the world could we arrive at a purchase price? Also, are incentives applied against MSRP ONLY? I see all of these manufacturers offering incentives, but I do not quite understand how/where they are applied. Can someone shed some light on this?
My second question, factory ordering. Has anyone done this with their Volvo? I did it with my current car, a BMW, but at the time I purchased it, there was NO negotiating price, and there were no incentives, so the issue of incentives/negotiating never arose. The experience was pleasant. I even got a call to tell me what time the tractor trailer was pulling in the dealership, and saw the car off loaded; it was all wrapped up in shrink wrap. A very good experience. And fun; it was my first European car and all that.
Anyway, I'd love some feedback. I am vacillating between purchasing this car (XC70) or a fully loaded Pacifica. It seems that there are not all that many Pacifica Limited's either, but they are not nearly as scarce as a loaded XC70.
Thanks.
with incentives you should be able to get a price below invoice.
In our case for a V70, here are the numbers:
MSRP 41,855
Invoice 38,750 (approximately don't remember exactly)
Carsdirect 37,400
Buying Price 37,000 (including Advertising fees of $250 in our area)
With the factory to dealer incentives, the dealer gets the car by that much cheaper. With the $2500 on the V70s the effective invoice price for the dealer is approx. $36,250 (38,750-2500). So in our case the dealer still made about $500 on the front end of this car (37,000 selling price - 36,250 effective invoice - 250 Ad fee = 500). So make the incentives work for you. Check carsdirect.com or edmunds to see what prices are like in your area.
Regarding a loaded XC70, we had the same problem. We looked at XC70 initially, but my wife preferred fuel economy and ride of V70. In CA don't really need the AWD either. We really wanted a nav system and were surprised how few cars there were around. Dealer suggested that only 10% of Volvo buyers want a nav, so not many have it. In the end we got a car that was close, but did compromise on the equipment. Am surprised that most Volvos come so bare considering they are supposed to be higher end cars.
The dealer can also install many of the options, although some are prohibitively expensive. Our dealer would have installed the nav for $2500, but got estimates up to $4400 for it at other places, so cost really varies. We also have the upgraded stereo and with all the speakers, etc. dealer would have charged a ridiculous price. But dealer can install 10 CD changer in the trunk. So talk to your dealer and see what he can do. Dealer options have a huge margin on it. For example the dealer quoting us $2500 for the nav started at $3500. We did not really want dealer installed equipment, so had to search around a bit.
BTW, initially we shopped around for E-class and had the same problems, could not find a nav and color we wanted, so that seems to be a common problem. Just all the Japanese high end brands seem to have them fairly standard.
Here's the most recent "offer" by my dealer for a factory ordered xc70 since apparently nowhere in America does a car w/this equipment exist:
climate package,premium package, convenience package,bi-xenon headlamps, metallic paint, wood steering wheel, 16 inch xenia wheels, satellite radio pre-wiring,HU-850 stereo, park assist, DSTC, Interior air quality system.
He goes on to say:
The MSRP for such a vehicle would be $44,820 (based on the Volvo price list for 2005) We are prepared to offer you a sales price of $42,552 plus tax and title. This amounts to about 2.3 per cent over cost. We also will offer you any available factory-to dealer incentive that is available when you pick up your car. Currently, that incentive is $2000, which would drive your price to $40,552 plus taxes. There is a good chance that we will still have a factory incentive when you pick up this car. It could possibly even be more than $2000, but it could also be less. Volvo does not allow the dealers to lock in the dealer incentives, but I would not be surprised if it was still around $2000.
If you decide to finance this car, we should be able to arrange bank financing for you in the mid to upper 4 per cent range. This is assuming today's rates for the best credit."
Any feedback?
(sold my nephew the 1997 850 w/115,000 for 6K...gave him the fam discount...)
So, it looks like you'd be in the same ball park if the incentives really do apply.
If I were you, I'd ask what's the closest car to your specs they can find, compromise on some of the options (wooden steering? xenia wheels?), take the same or better per cent over cost, and lock in the current factory incentive.
Has anyone else heard of this??? Edmunds doesn't list it in the Rebates area (I would think it would be listed under the M-to-D rebate area but there's no mention of this anywhere in the Incentives area)
If this is true, I think we'll buy now rather than in the fall.
With the x-plan pricing, base 2.4 with auto and metallic comes out to slightly over 25K which I think is a heckuva deal.
Thank you for your email. The problem with the Internet is there may be some inconsistencies. I will price out the entire car using a Volvo Pricing List which is how we build our cars. Every dealer has updated pricing since Jan. 1st.
Cost: 2005 V70 2.4 27418
metallic paint...408
auto....1000
destination.....695
advertising....250
Dealer invoice equals....29771
X-plan is 2% over cost....so add 595
Your cost = 30366.42
- $5000 = 25366.42 dead cost (not sure what he meant by "dead cost")
We have no way of telling what programs will change for the months to come. That is so dealers can not sand bag and forecast deals for the coming months. I would THINK this 5k program will stick around but there is no way of telling.
Considering one, but curious as to what others have paid.
Thanks
Leased 0 down, 36 months 12k miles for 550. with tax.
Black over taupe (not beige), xenia wheels, bi-xenons, DSTC, boosters seats, climate and prem. package. Think thats it. Raised light height as too low from factory and much better and farther lighting accomplished. 12k miles in 1.5 yrs (retired at 48 now 51) and drive mainly between our 2 homes in FL/MI.
Great gas mileage and quality car.
Highly recommend although can hardly wait to get Chrysler 300C when the lease is up.
$2000 Dealer bonus is available ONLY on vehicles that are listed on "Base Car" Sell-down Bonus Vehicle Eligibility List. See dealer for list.
Thanks
experienced over the last 3 months at Volvo of Tacoma at Fife.
My wife totalled our '02 Lincoln LS V8 on 1-6-05. We loved the car, it was
gorgeous and a blast to drive. However, our needs had changed. She wanted to
consider SUV's and wagons, I wanted to consider wagons and minivans. We are
going to be starting a family in the next 2-3 years so safety was a big issue.
Having agreed to look almost exclusively at wagons and small SUV's we wound up
driving 27 vehicles in 3 weeks. We drove 5 different V70's over the course of 4
visits to the dealer. They were always happy to accomodate us and seemed eager
to answer any questions or concerns that we had. To their credit they were never
pushy or asked for our sale. Their entire approach was to be available to answer
whatever questions we had and allow us to make our decision on our timetable.
We wound up ordering a V70 2.5T on January 29th. It arrived on April 20th at the
dealership at which time the general manager called to inform me that it had
just come off of the transporter and that I was welcome to come look it over and
expect that it would be ready for delivery within about 24hrs. We went back the
next day and the red carpet treatment continued through the F&I and delivery
processes.
I would highly recommend the entire facility without reservation. Our sales representative and the factory/european delivery liaison were particularly wonderful to deal with. I had stopped at one other Volvo dealer during our shopping process and was treated rather poorly. My only guess is that the salesperson at that facility was not convinced that a 30 year old was a potential sale for a $40K+ vehicle. I had a similar experience (27 years old) when we initially started shopping for our $43K LS. The salesperson that treated us with respect and decency made out quite well I believe.
If you are interested in dealing with our specific sales people, send me an email and I will be glad to provide you with their info.
Steve
I'm not able to find anything about this?
Any help will be greatelly appreciated.
Here are the details: 2005 white xc70 w/premium, climate, convenience, DSTC, and rear park assist: MSRP $41,655, Invoice $38,783, paid $34,812. After I had alreay committed, another dealer offered the car at $34,400, so it's possible to do a little better.
Miss Peppy
I feel 29k would be a fair price for this car but am unsure, any advice would be greatly appreciated. Thanks.
I am located in the mass area.
My car is an Infiniti FX which I love. But I have to admit I might just sneak out early one Saturday morning and grab the XC70 for a ride...
Jon B.