1993 Volvo 240 with 85K miles. I'm considering buying - what is a fair price?
Asked by GardenAmica Apr 15, 2013 at 04:21 PM about the 1993 Volvo 240 Sedan
Question type: Shopping & Pricing
I'm trying to establish a fair price range for this vehicle. Considering buying it, haben't seen it yet. But want to go in
with an educated and fair amount to pay.
Any thoughts or advice would be greatly appreciated. Thanks!
6 Answers
migration_judge_roy answered 11 years ago
these are good in snow..eh? not sure why the reputation exists being a 2 wheel drive with ordinary ground clearance. Personally have had 2 used Volvos and have nothing nice to say here, but draw you own conclusions, I'd chose a Toyota because the quality is unparalleled~ to each his own~
Low mileage - good visibility - good reputation - fairly decent in the snow since it's a fairly heavy rear wheel drive. The question is it's value. It's twenty years old so prices are all over the place. Can you find parts to repair it?
GardenAmica answered 11 years ago
As you note, tenspeed, the prices are all over the place. Thus you see my dilemma, Tom. It is hard to gauge a 'fair' price to offer, not being an expert, when those in the know are giving me widely varying figures --- from $1500 to $3500. I was quoted at $3900 by the dealer which just seems high for a twenty year old vehicle, but from everything I have read, they last forever and are super safe. Plus I'm into the vintage styling, must admit. :) Anyway, I'm thinking $2500.00 seems a fair price considering the low miles. But I don't want to insult anyone by looking like a low baller. That is why I'm looking for some advice. I'd like to be fair in my business dealings. Thanks everyone.
migration_judge_roy answered 11 years ago
right away I changed the timing belt on both my Volvos, it was an easy job and the parts store will loan you the "volvo timing belt tool" to make holding the pulley much easier. Non-interference engines---both were impossible to mess up this installation~
The dealer won't be insulted by a low ball offer. Try taking a guess of how much they gave the guy for the trade in.