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Volvo S40 Prices Paid and Buying Experience
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Matt
Awaiting (very anxiously!) delivery of my new T5 - black on black leather, premium - audio - sport packages - automatic ...
Leased for 48 months (I believe this one is a keeper!)
Payments are $419 with Zero out-of-pocket (except first month's payment); cap cost of 28,500; MSRP 32,850; 40% residual.
Dyer&Dyer Volvo did it again ... I will be a little sad to see my trusty 2000 S40 go away tomorrow, but my shiny new T5 will chase those blues away the minute I step on the gas pedal!! Wahoo! ;-)
I'm looking at getting a 2004.5 (or probably ordering a 2005) Volvo S40. The MSRP is $33,750 with everything that I want in it. The invoice price is $31,386 and Edmund's TMV is $33,399. For anyone who's bought a 2004.5 Volvo S40 did you get a better deal than the TMV for your configured vehicle? Did you pay close to MSRP or close to invoice?
Thanks.
By the way, you might consider leasing instead of buying. I don't know if this is still in effect, but Volvo was recently providing a $3000 incentive towards a lease of the S40. I rarely lease my vehicles, but this incentive convinced me to do so.
I see you live in Chandler. Have you talked to anyone at Powell Volvo? I recommend that you check out their web site and look up their Fleet Sales Manager. He was able to put together a much better lease package for me than North Scottsdale Volvo.
2005 Volvo S40 T5 (automatic)
Black exterior, beige interior
Premium Package
Audio Package
Bi-Xenon Headlamps
DSTC
Edmunds doesn't have the premium package's invoice price but, according to Kelly Blue Book it is $1,887. Factoring that in, according to Edmunds, MSRP is $32,115, TMV is $31,909, and invoice is $29,980.
Volvo has a deal called the Overseas Delivery Program where they will give anyone two free round-trip tickets to Sweden on SAS airlines to take a tour of the Volvo factory (isn't the S40 made in Belgium?), one night's accomodations in Gothenburg, Sweden, and free auto insurance for 14 days if I want to drive around in Europe in my new Volvo.
In taking this route to purchasing this car I paid just slightly below invoice, $29,850. The only downside is I won't have the car in the US until ~September. That's a good trade off considering I'm not in a rush to get my car and I was planing on taking a vacation anyway :-)
Congrats on your order and trip to Sweden. I'm considering ordering a new 2005 model through Volvo's Overseas Delivery Program too. I've spoken with the sales manager who's responsible for the program and it seems like a pretty good deal. My vehicle came up to a total of $31,485 which is just $99 over the 2004.5 invoice price. When completing your deal, did you come across any hidden fees or costs over the $29,850 quoted price?
Thanks.
Tony
If purchasing, instead of leasing, I agree it is probably best to order an '05 model, if you can wait on it. Who (which dealer) are you working with?
I'm definitely planning on purchasing a new vehicle. I drive close to 20,000 miles per year and I just can't see doing that in a leased vehicle.
Right now I'm working with the Volvo dealership in south Scottsdale. Since I was originally planning on trading in my Acura, if I end up going with the overseas delivery program, I need to save a bit more money. I want to keep the loan total I need the same regardless of whether I trade-in a car or not and go with OSD.
The OSD program seems very interesting and exciting. A good price, a free trip to Europe, tour of the factory, etc.
Tony
Sorry for the delay in response...
I asked the dealer to provide an itemized quote before agreeing on anything. Aside from the price for the car I have the following:
Doc Fee $45.00
DMV Fees $250
Smog Fee State: $8.25
Smog Fee Seller $50.00
CA Tire Fee $5.00
(and of course taxes -- which vary based on your location)
Based on my research all of these are fine as far as I can tell. The Doc Fee varies upon the state you live in and the dealer you go to -- in California I believe it is capped at $45. You could save on this if you wanted to register the car yourself at the DMV.
So far, the only "catch" I see is that I have to wait until Aug 11th to "pickup" the car and then till sometime in September until I'll have the car here in the US. Considering that the "catch" includes two free tickets to Sweden I think that's a fair trade off. :-)
Sticker : $26, 350
Invoice : $24, 837
Financed: $26, 832
- $1500 down
Total with tax : $27, 100
BUT we got a check for $2367.00 when we picked up the car to cover our last 3 lease payments. So we actually paid $24,465 for the car (financed minus check from dealer).
For those who feel they got a good deal on the s40, what was your starting point for negotiations?
Otherwise this sounds like an amazing deal for a car like the new S40 T5. I think I will try and wait to get it in manual.
To me, upgrade from 2.4i to T5 for "free" is an amazing deal simply by giving up the moonroof, leather & metallic paint. But the problem is that OSD probably requires the premium package anyway, at least for now.
So far, the only unfortunate thing (for me at least) is that even after I go to Sweden and "sign" for the car I'll have to wait another 4 - 8 weeks until I see the car in the States. But really, that's not a big deal considering everything else.
I think you can already order the manual if you do OSD... not sure though. I do know that you get a 2005 car rather than a 2004.5.
If you want to read other people's experience who have done OSD with Volvo I've found a forum at Swedespeed (http://forums.swedespeed.com/zeroforum?id=55) pretty helpful.
If you currently have a car that you want to trade in, how does that work? Do you have to trade it in at the time you leave to Sweden, or do you keep it until your car arrives in the U.S.?
Basically, I can't really afford to be carless for 8 weeks.
- Can anyone confirm?
- Is it only offered if you finance/lease through Volvo Finance or is it offered by another bank?
This may have an impact on my decision to go with the S40 instead of the TSX........
Now with an incentive like this one and the new money factors that are currently out on the leases, the price quotes seem to be a little better. But you're right, I wonder if taking the free premium package means the financing is through a company other than Volvo (who has an attractive money factor). The reason I would like to go with Volvo Finance is because we already lease one car through them and will be eligible for another $1000 off.
They seem to get you somehow, but I'll be happy with my $1000 off and whatever other haggling I can do. Your $100 over invoice has inspired me. Thanks!
flint gray metallic, prem pkg, climate pkg
and convenience pkg for $25k.
Though they never mentioned it during the negotiations (all through email, and I knew this to be the case b/c of other posters here) the premium pkg was 'free' and I did sign a form acknowledging it was 'free'. I got 2.9% up to 48 months through Volvo finance. There are a lot of buttons and settings that I still need to figure out, but I'm happy with the deal I got and look forward (hopefully) to a good Volvo experience.
Thanks to all who've posted here and the other S40 board.
Silver metallic
Premium Package
Climate Package
Bi-xenon headlights
Total - 27000 (not incl tax, tags, title and destination - which came to around 28600) financed for 36 months @ 1.9
Had to spend basically the whole day and put up a fight to get the dealer to drop down to the price above.
I've purchased and leased before, and this time was the easiest, and as a bonus the sales guy was not creepy. And I dont work there
You can search for my postings on XC90, S40, S60 and S80 boards, and then, track the threads backward.
I am one of the OSD cheerleaders here. I've done it twice and planning for the third one in the near future.
They do not make much with OSD, just a fixed fee, so they will offer some ridiculous price for the trade-in.
Remember, you do not buy car from that particular dealer.
But you can ask. In my case they were agreed to buy my old car out at the final hand-over (when my new Volvo will arrive and I will pick it up from them), but the offer was laughable, if not offensive.
Thank you.
Talk to your dealer and ask them to run the numbers for you. They may well change at the end of August and it will not likely be to your benefit. I had to take delivery by the end of the month to get the deal, so my old car is going back seven days early. beaunedoc
The offer is $25K in Canadian dollars which is about $17-8K US. It's a dealer demo with only 9K kilometers---I think about 5K miles.
I believe they are able to take about a $5-6K cut into their original costs....what do you guys think about this deal?
Are there any concerns I should have surrounding the purchase of a dealer demo or precautions I should take?
Thanks!
Brian
Automatic transmission, premium package, climate package, flint grey, offblack lather interior with aluminum center control panel&
spoiler
for $25,800.00.
I got 1.9 financing for 3 years. I think I did OK.
I would appreciate any comments. It's my first Volvo and I want to keep it for as long as I can.
Thanks!