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I don't need to buy a car right now, could probably wait a year or two but can't help thinking that maybe now might be a good time to get a deal on something. My ideal is a hardtop convertible with some backseat space for groceries/baggage, reliable and a good long term investment as I prefer to own a car for a long time (current Dodge Avenger owned for over 10yrs). Also, I plan to move from NJ to La so something that would be good in snow and great for a weekend getaway cruiser would be best.
So…I found a local Volvo dealer offering a ‘sale’ on a 2008 C70 courtesy car with about 5200 miles on it. My question is, is it worthwhile to consider a purchase on such a car now (I really like the looks of this model best compared to others) or hold on to my current car for a while longer and seek out a pre-owned later on and save on depreciation. The salesman got back to my email – hasn’t divulged their price but is asking what $ I’m looking for and I honestly have no clue what would be a fair offer considering the current market – retail price is $44,395 with some upgrades like leather/Sirius/Auto, Base 2008 MSRP: $39,240 Invoice: $36,886. I will say that the one thing that gets my attention is that this car is the exact color combo I’m looking for and have not seen many out there so far. What do you guys think and what would you offer if you chose to buy? BTW, I have excellent credit and would put about $10K down if that makes any difference.
Also – if anyone has or know of someone who has had any bad experiences/issues with this model – please let me know. All the reviews I’ve seen are good – but I try not to believe everything I read.
I don't need to buy a car right now, could probably wait a year or two but can't help thinking that maybe now might be a good time to get a deal on something. My ideal is a hardtop convertible with some backseat space for groceries/baggage, reliable and a good long term investment as I prefer to own a car for a long time (current Dodge Avenger owned for over 10yrs). Also, I plan to move from NJ to La so something that would be good in snow and great for a weekend getaway cruiser would be best.
So…I found a local Volvo dealer offering a ‘sale’ on a 2008 C70 courtesy car with about 5200 miles on it. My question is, is it worthwhile to consider a purchase on such a car now (I really like the looks of this model best compared to others) or hold on to my current car for a while longer and seek out a pre-owned later on and save on depreciation. The salesman got back to my email – hasn’t divulged their price but is asking what $ I’m looking for and I honestly have no clue what would be a fair offer considering the current market – retail price is $44,395 with some upgrades like leather/Sirius/Auto, Base 2008 MSRP: $39,240 Invoice: $36,886. I will say that the one thing that gets my attention is that this car is the exact color combo I’m looking for and have not seen many out there so far. What do you guys think and what would you offer if you chose to buy? BTW, I have excellent credit and would put about $10K down if that makes any difference.
Also – if anyone has or know of someone who has had any bad experiences/issues with this model – please let me know. All the reviews I’ve seen are good – but I try not to believe everything I read.
Thanks for your comments!!!
A "courtesy car" is nothing more than a rental. I have a big problem with that since we all know how most people treat rentals.
IMHO wait till you get to CA to buy a car, I tend to keep cars a long time and to me a rust-free body is a big deal. If I'm looking at a car to possibly buy, nothing will make me less likely to buy than any sign it's been driven in salt country. These cars are rare enough here that I don't lose much by ignoring them when shopping.
Maybe someone from CA will chime in on registering a non-CA car in CA with the smog checks there. This may or may not be a problem. I'm assuming La means Los Angeles - maybe you mean Louisiana?
All that said, from what I read about the C70 in Consumer Reports, it's a good car.
The salesman is being a car salesman. Something to think about, if no one buys the car till the last week of the year, the week after Christmas, that's usually the best week of the year to buy due to sales goals, end of year stuff, and the fact that most people have spent out on Christmas, so are not shopping.
Thanks for all your replies so far - the whole 'courtesy car' thing does concern me a little. I know that it would be more costly to fix but I haven't found much else that I like and am trying to decide if I'd rather spend good money on something that I don't much care for but may be more practical or spend a little more on something that appeals to me and that I could live with for a while. I was initially planning a move maybe next year but now not so sure if it may be a few years. (La = Louisiana)
Waiting until after Christmas sounds like a smart idea since I’m not in a hurry.
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