I have recently seen a 1987 Volvo 240 Wagon for sale on Craigslist in the Louisville, KY area. The asking price is $5000. The owner claims the car is in "immaculate condition, inside and out" and that the engine "runs perfectly." It has 97,000 on it (I'm not missing any digits there).

Is this a reasonable request for a 23 year old vehicle? I understand how sought after these cars are (especially in Louisville), but that just seems crazy! KBB says something more like $1,700

Thanks!

 

The KBB is wrong for the 240s

For some reason the 240's are getting more hard to find. The better the condition the more the asking price.

I got mine for $1800 which I feel is a good deal for the condition. minus the whole suspension needs to be replaced.

$5000 is too much though, unless it is in super mint condition or a resto (sonds like it might be good condition). make an offer. see what happens.

 

I've seen cars with less miles than that for cheaper, that were in great shape. I'd say the most I'd pay for an immaculate 240 is $3500, and that would be absolutely like new condition, (although to me I'd be worth $100000 :P)

 

1+ on AnEskimo. A car that old, unfortionately is fragil. Things break on old cars all the time and parts are NOT getting any easier to get. If the car has any signs of wear, old tires, torn seat, dull paint, $2,500 tops.

 

Step away from the car, I say. Four years ago I paid $1100 for my 86 240 wagon. Though the mileage was high and the exterior looked rough, I could not have found a more mechanically sound 240. Another way of looking at the low-mileage enticement is that major stuff has not yet started to go wrong and very well might the day after you buy it. I would rather look for one with higher miles and a lot of recently replaced parts, and keep at least a few thousand bucks in my pocket. Hope this helps.

 

I just checked out the car and it looks like new on the outside...nothing special....
You are better off buying a 1200 dollar 240 and investing on new parts yourself. I bought my 86 240 DL around 500 bucks and have invested on this thing around 500 more....it drives like a charm....the body is a bit rough but the trany and engine are silk now...

 

People generally make way too much of "low miles". Low miles are OK, all things being equal, which of course, they are not! But most buyers naively get hooked on the number of miles and that's all they see. A car with 97K can be worse than one with 197k under many scenarios...

 

How about 288K! There is a 94 850 here where I live for about a cool 1000 with 288k but seems like it is in great shape.

And it's manual which I really like.

 

Well, OK, 288k is a LOT of miles, although I have had more, like 378k on a '83 240... BUT, make sure that IT IS in fact "in great shape". Quality cars like Volvo can go practically forever, but you'd have to put $ in them, i.e., maintain them and replace this and that. As long as you can be sure that maintenance was done and not deferred, you may be ok with those miles... Really check it out well...

 

HI: I'm a new member...Previously had '86 245 (loved it for 217,000) also '86 740 (hated it for 35,000). So, now that I've retired, I'm looking for a nice "keeper" late 245. My question is how available are cosmetic parts like seat upholstry, Plastic interior pcs., Thanks for any advise.

 

I've seen some pretty good upholstery in junk yard cars.

 

Most cars over 20 years old will need custom parts. A lot of mechanical parts are still available becuase a lot of them are still on the road.

 

Just bought an 89 240, for 900. 180k but I bought from a Guy at school(Arizona automotive institute) and after seeing a compression and leakdown yesterday on it I couldn't pass it up. Now a week later I acquired an 84 for free. Shop around if you really want one. The free one runs with 100k, owned by elderly woman and just sat a lot. It looks like its sat in the sun for a few years. Paint is faded and dash cracked but free still. The one I paid for is beautiful, garage kept but still has a few miles.

 

Those 4 cylinder Volvo's can go 300,000+ without any motor problems.