How Much Should I Pay: 2005 Volvo XC70 (Updated)
This Is An Update To A Previous Question
Follow Up Comment From Catherine: Hello, Thanks for your reply. I made a mistake. The mileage is actually 34,000 on that. I’ve told him I want to walk out the door at 20,000 (that means ttl would be included). Do you think I’m pressing my luck?
There’s also a 2004, similar features, but with 53,000 miles. I was thinking of suggesting 16,000. It is on their website for 21,000.
Finally, is it better to buy a cheaper car (15,000) at 5.6% (credit union) or buying the 20,000 car at 1.9%.
Thanks!
Queen of the Road: Hi Catherine! It never hurts to ask. Now that we have the correct prices, which happen to be decreased, your chances have improved for getting $20k OTD. So, yes, try asking and if they disapprove, then it shouldn’t be far off from $20k. Here’s the new range…
For a 2005 Volvo XC70 AWD with 34,000 miles, prices range from $19,900 (being in above average condition) to $17,600 (being in average condition) and $15,200 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $16,800 to $22,000.
Regarding the 2004, asking for $16,000 is the perfect price to be persistant with. What are they thinking offering $21k? The sad part about it is someone out there will think it’s a great deal and buy it at that price.
For a 2004 Volvo XC70 AWD with 53,000 miles, prices range from $15,900 (being in above average condition) to $13,700 (being in average condition) and $11,600 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $13,000 to $17,600.
For the financing, I’ll have to run some numbers. How long are the terms for? How many months? Any money down?
