Volvo trade-in value..... the legend of Volvo value

Discussion in 'General Motoring' started by Jim Martin, Jan 7, 2004.

  1. Jim Martin

    Jim Martin Guest

    Yeah, legendary value. I'm trying to trade in a 1996 850 turbo wagon in good
    condition with only 76k miles. Dealer is telling that he is calling all the
    potential buyers and the best he can do is $5500. That's 1400 less than the
    edmunds trade in value and about half the kelly blue book trade in. Looks
    like the "value" of volvo is ONLY a legend.

    Anybody wanna give me say... 7500 for it?
     
    Jim Martin, Jan 7, 2004
    #1
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  2. Jim Martin

    Boris Mohar Guest

    You are confusing trade in "value" which is at the whim of unscrupulous
    dealer and the resale value which is something entirely different. Screw
    the dealer and be patient while you sell the car yourself. You'll see.




    Regards,

    Boris Mohar

    Got Knock? - see:
    Viatrack Printed Circuit Designs http://www3.sympatico.ca/borism/
    Aurora, Ontario
     
    Boris Mohar, Jan 7, 2004
    #2
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  3. Jim Martin

    James Sweet Guest


    Trade in is always a rip off, advertise and sell it privately, you'll get
    more that way, $7500 sounds a bit cheap for an 850T wagon, particularly with
    such low mileage, it's practically new.
     
    James Sweet, Jan 7, 2004
    #3
  4. Jim Martin

    Rob Guenther Guest

    Yah, that's the dealer tho... sell it private
     
    Rob Guenther, Jan 7, 2004
    #4
  5. Jim Martin

    inLA Guest

    I paid $5500 for a 94 960 with 100K. Pretty average for Los Angeles. You
    should do $7500 by private party.
     
    inLA, Jan 7, 2004
    #5
  6. I always sell my Volvos my self and they go for book value to the first
    person that answers the add in the paper. No problem. The book value
    for private sale is different than tradein or dealer resale. There are
    two sites with values, edmunds.com and kelley.com
     
    Stephen M. Henning, Jan 7, 2004
    #6
  7. Jim Martin

    John Doe Guest

    Your vehicle is probably worth ~8-9k.

    Dealer wants to give you 5.5K....and probably would come up to ~$6k if
    pushed.

    Dealer will inspect the car, replace anything likely to break in the next
    3000miles and then detail it/ figure ~$500-$1000 for this. Dealer would
    have ~$7k in the car.

    Dealer will put a $9500 price on the car and probably sell for ~$8,500.

    If I were you, I would sell it privately with an asking price of $9k

    Best,

    Ross
     
    John Doe, Jan 18, 2004
    #7
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