Value confusion on an '89 240

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Old Apr 19, 2016 | 09:50 PM
  #1  
Trevor982's Avatar
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Default Value confusion on an '89 240

I am currently considering selling my 1989 Volvo 240 that is in great condition, well maintained and recently got a full tune up. I also installed brand new radio. It still has just under 184,000 miles. My step dad is convinced that I would get $2500 for it. Is that a realistic estimate?
 
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Last edited by Trevor982; Apr 19, 2016 at 10:01 PM. Reason: Wording
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Old Apr 20, 2016 | 01:12 AM
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depends heavily on the market. in a hipster area like the San Francisco, Portland, or Boston, maybe you could get that if its very clean and in great running shape. Clean wagons are worth more than sedans, but wagons are often in worse shape than sedans so its a 2-way street.
 
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Old Apr 20, 2016 | 06:15 AM
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Yeah - depending on the area you live, how good of condition the car is (inside & out) and how long you want to wait for it to sell. I keep an eye on craigslist in the chicago area and good condition models seem to sell within a few days when listed at $2000 or less. Ten years ago you could get them cheaper but as fewer are on the market, the price has gone up. You could list it at $2500 but be willing to take less.
 
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Old Apr 20, 2016 | 07:01 PM
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I got mine on craigslist in Austin for $500
on the flip side I have sold them in great shape for $2600 in the same location

I have purchased 3 240's
1992 240 sedan 800 (bad transmission that turned out to be good)
1991 240 wagon 500
1993 940 wagon 1450

sold
1993 940T wagon 1800
1995 960 2600
1989 240 wagon 2200


All in Austin Texas which is super hipster, and above average prices for cars in the Texas location
 
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Old Apr 22, 2016 | 10:19 PM
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Here in hipsterville St Louis, you'd be lucky to get $1000, and you'll have to constantly explain RWD.
 
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Old Apr 22, 2016 | 10:54 PM
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hah, my hipster daughter STILL pines after 'her' 240.

this is her 3 years ago leaving for college.



the car took her to portland, then arcata, ca where she is now. it came back last fall with electrical problems due to water getting behind the dash, and it needs a full front brake job, and it needs front suspension lower control arm bushings. its used up.
 
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