What's a Volvo Worth?

  • Thread starter Thread starter Randy G.
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Randy G.

As so many of us have experienced, what a Volvo is worth is how much
it sells for, and sdepending on where it is located and the various
specific parameters of the car itself, the price of any given 240 can
range from a few hunderd to many thousands of dollars. For example,
try finding a nice 245, late 80's, with a stick. On the East Coast
they can sell for $1500-2000 or so. The same car on the West coast is
difficult to find and can sell for $1000 more.

But there are wide exceptions to this. Just moments ago, the following
car sold on eBay:

1993 Volvo 240
Miles: 68,810 <--- (5,733 per year, 478 per month avg.)
4 door
Automatic
Gray Interior
Warranty: ENGINE, DRIVETRAIN AND TRANSMISSION
FOR 30 DAYS OR 1,000 MILES

http://tinyurl.com/aahnz

The auction had 13 bids (five of them over $6,000) and the car sold
for $9,095.00!

Is Volvo the new Gold Standard? ;-)




__ __
Randy & \ \/ /alerie's
\__/olvos
'90 245 Estate - '93 965 Estate
"Shelby" & "Kate"
 
damm!... it just might be. ;-)

------------snip------------------
Is Volvo the new Gold Standard? ;-)



1993 Volvo 240
Miles: 68,810 <--- (5,733 per year, 478 per month avg.)
4 door
Automatic
Gray Interior
Warranty: ENGINE, DRIVETRAIN AND TRANSMISSION
FOR 30 DAYS OR 1,000 MILES


http://tinyurl.com/aahnz


The auction had 13 bids (five of them over $6,000) and the car sold
for $9,095.00!
 
There is that "cult" like following for the 240's especially with low miles
which are becoming increasingly hard to find. Supply and demand drives the
market. There was a mint 92 dark blue 245 for sale at the local Volvo dealer
here in CT. Low miles etc. price $6500. It lasted one week. Where are you
going to find a new car ($20,000 and up) that will last as long and be as
reliable as the bricks!
 
Randy G. said:
As so many of us have experienced, what a Volvo is worth is how much
it sells for, and sdepending on where it is located and the various
specific parameters of the car itself, the price of any given 240 can
range from a few hunderd to many thousands of dollars. For example,
try finding a nice 245, late 80's, with a stick. On the East Coast
they can sell for $1500-2000 or so. The same car on the West coast is
difficult to find and can sell for $1000 more.

But there are wide exceptions to this. Just moments ago, the following
car sold on eBay:

1993 Volvo 240
Miles: 68,810 <--- (5,733 per year, 478 per month avg.)
4 door
Automatic
Gray Interior
Warranty: ENGINE, DRIVETRAIN AND TRANSMISSION
FOR 30 DAYS OR 1,000 MILES

http://tinyurl.com/aahnz

The auction had 13 bids (five of them over $6,000) and the car sold
for $9,095.00!

Is Volvo the new Gold Standard? ;-)
Click to expand...


Wow, that thing looks fantastic inside and out! While the price may seem a
bit high, finding a car like that is like a needle in a haystack and it's
easy to spend that much restoring an average condition one.
 
James Sweet said:
Wow, that thing looks fantastic inside and out! While the price may seem a
bit high, finding a car like that is like a needle in a haystack and it's
easy to spend that much restoring an average condition one.
Click to expand...

I recently sold a '74 144 in very good (but not perfect) condition for
$1900, about $1000 more than I would pay for one if I was buying it, and
bought an '86 245 ( fully loaded, stick, all accessories work) that is much
better suited for daily driving, for $1400. If I hadn't had cash in hand,
the wagon probably would have sold that day to someody else. It seems to me
that the value of Volvos is a very subjective thing. I personally feel that
some people ask way too much for them while others practically give them
away. Me? well I'm tight so no Volvo that I'd currently purchase is worth
more then $2000 to me...
 
I recently sold a '74 144 in very good (but not perfect) condition for
$1900, about $1000 more than I would pay for one if I was buying it, and
bought an '86 245 ( fully loaded, stick, all accessories work) that is much
better suited for daily driving, for $1400. If I hadn't had cash in hand,
the wagon probably would have sold that day to someody else. It seems to me
that the value of Volvos is a very subjective thing. I personally feel that
some people ask way too much for them while others practically give them
away. Me? well I'm tight so no Volvo that I'd currently purchase is worth
more then $2000 to me...
Click to expand...

Well it's that last 10% of perfect condition that costs the most, I've lived
with my cars being at about 90%, but I do have about $8K worth of
restoration in the queue for my 240 sometime down the road, the nice thing
about that is I don't have to do it all at once.
 
More than you paid for it in most cases if it is RWD.

May previous 940;
Paid $6,600,
Drove it 80,000 mi,
Totaled it (not realy ,just put out the headlights n bent the hood)
Insurrance paid $2,600 (I kept the car - no title just Cert of
Destruction)
Major repairs NONE Everything still works (except the Headlighrs)

That's 80,000 miles for $4,000 You pay that much depreciation for the
first mile in a new Volvo.

$4,000/80,000miles = $0.05/mile 5 cents per mile

Al

I'll drive 900's till I can't get them any more.
 
can't beat that....plus, the cars (940's) are a blast
to drive.....


"$4,000/80,000miles = $0.05/mile 5 cents per mile"
 
Volvos are plentiful and inexpensive to buy here in Portland, Oregon.
Good source of parts at local U Pull It too. Check prices on
craigslist, you'll be shocked how cheap they sell for, and how many are
advertised. No rust out here, either.
 
Yep, hence the cheap 245:)


Volvos are plentiful and inexpensive to buy here in Portland, Oregon.
Click to expand...

Yep, hence the cheap 245:)
Good source of parts at local U Pull It too.
Click to expand...

If you get there 1st!

Check prices on
craigslist, you'll be shocked how cheap they sell for, and how many are
advertised. No rust out here, either.
Click to expand...

I'm sometimes shocked at how much people (like myself!) ask for them!
 
John said:
Volvos increase in value the moment you know you are about to collide with
another object which could ruin your life .Like wise small Japanese cars
decrease in value in the same circumstance .

YOU Betcha!!!!
Click to expand...
 
Volvos increase in value the moment you know you are about to collide with
another object which could ruin your life .Like wise small Japanese cars
decrease in value in the same circumstance .
 
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