Volvo S60 & V60 The mid level Volvo sedan and wagon that offer power, performance and an exciting ride.

Buy a Used S60 Owned by Corporate Fleet

Thread Tools
 
Search this Thread
 
Old Jun 18, 2014 | 07:44 PM
  #1  
sxi3's Avatar
Thread Starter
|
Junior Member
Joined: Jun 2014
Posts: 3
Likes: 0
Default Buy a Used S60 Owned by Corporate Fleet

It seems a great deal: a used 2013 S60 T5 driven 8900 mile pre-owned by corporate fleet sold AT $23800 which is more than $9000 off the original MSRP. I am about to hit on the dealer maybe drive test this week. BUT I am suspicious about the price if some hidden story behind this vehicle since it is not owned by a private person. Am I over concerned or is it a good deal?

Plz help me a virgin car owner craving for Volvo as you.

Lots of thanks!
 

Last edited by sxi3; Jun 18, 2014 at 08:19 PM.
Reply
Old Jun 18, 2014 | 08:09 PM
  #2  
pkrface's Avatar
Senior Member
Joined: Jan 2014
Posts: 486
Likes: 5
Default

In the US I assume? Have the dealer provide a CarFax or equivalent report and that should verify whether or not it has been wrecked and confirm the corporate ownership issue. From there my personal minimum discount for any used car is $3,000 per model year and $.15 per mile, so it needs to be at least $4,300 less than the best deal you can make on an equivalent 2014. At 8900 miles it hasn't even been due for an oil change, so there can't be any maintenance missed.
 
Reply
Old Jun 18, 2014 | 08:12 PM
  #3  
difflock54's Avatar
Senior Member
Joined: Sep 2012
Posts: 648
Likes: 2
From: Kapiti Coast. Wellington. NZ
Default

It's a very low mileage so any major issues would / should have been dealt with under warranty anyway.
If she has not been in any accidents and the price is good you should be okay with it.
 
Reply
Old Jun 18, 2014 | 08:18 PM
  #4  
sxi3's Avatar
Thread Starter
|
Junior Member
Joined: Jun 2014
Posts: 3
Likes: 0
Default

Yes. CarFax is provided. There is no problem reported at least from online seeing.
 
Reply
Old Jun 19, 2014 | 10:41 AM
  #5  
pkrface's Avatar
Senior Member
Joined: Jan 2014
Posts: 486
Likes: 5
Default

Your first post did not have the pricing in it, so my first response was without that info. Truecar indicates for my zip code that you can expect to buy the '14 for approx. $2200 off MSRP, so @ $9000 off that is about $2500 better than my formula, a very acceptable price compared to brand new assuming that everything else is right. For the purpose of disclosure I sell used cars for a living.
 
Reply
Old Jun 19, 2014 | 04:29 PM
  #6  
oragex's Avatar
Senior Member
Joined: Nov 2013
Posts: 417
Likes: 1
Default

It is a good deal. It's like a new car with a $10k rebate. Make sure it was a fleet and not some unhappy customer return for some unsolved electrical issue.
 
Reply
Old Jun 20, 2014 | 10:30 AM
  #7  
sxi3's Avatar
Thread Starter
|
Junior Member
Joined: Jun 2014
Posts: 3
Likes: 0
Default

So from the update I went to have a drive test. Everything is fine. But I was told the car is a loaner car serve customers when they have oil changed. Are loaner cars somewhat more suspicious e.g. abused by customers? : (
 
Reply
Old Jun 20, 2014 | 11:10 AM
  #8  
oragex's Avatar
Senior Member
Joined: Nov 2013
Posts: 417
Likes: 1
Default

I don't think it means more abused. Usually people drive those cars more carefully since it's not their and usually also it's a different car than the one they own. I would be aware not to be a rental company vehicle though. But with such miles I don't think it's a rental. I think my car was such Volvo customers loaner and it was in amazing condition.
 
Reply
Old Jun 21, 2014 | 09:43 AM
  #9  
TLWR's Avatar
Junior Member
Joined: Jul 2009
Posts: 14
Likes: 0
Default

So it was a dealership loaner.
I know when I have a loaner I don't treat it any differently than my own vehicle.
It still has all its warranty and it is a good price.
 
Reply
Old Jun 22, 2014 | 06:58 PM
  #10  
difflock54's Avatar
Senior Member
Joined: Sep 2012
Posts: 648
Likes: 2
From: Kapiti Coast. Wellington. NZ
Default

Get in and buy it quick before someone else beats you to it.
You will kick yourself later if you miss the opportunity at such a good price.
Basically a demonstrator with a bit more miles than normal.
 
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
eggpulusu
Volvo S60 & V60
1
Mar 16, 2013 06:13 PM
XC9O
Volvo XC90
4
Jun 22, 2008 02:23 AM
JimKW
General Volvo Chat
6
Jun 17, 2008 07:32 AM
dorseto
General Volvo Chat
5
Aug 25, 2007 01:21 PM
Derrick.ny
New Members Area
1
Dec 17, 2006 10:54 AM




All times are GMT -5. The time now is 01:25 AM.