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850 / S70 & V70 '96-'99 / C70 '97-'05 General Forum for the 850 and P80-platform 70-series models |
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Advise on purchasing a second hand V70 (2.5 142hp B5252FS)Views : 969 Replies : 18Users Viewing This Thread : |
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Jul 4th, 2020, 20:50 | #11 |
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I don't dispute what you say John but I personally wouldn't pay several thousand pounds for a 20 year old or older car.
I would say they are not green as they have high emissions, and fuel consumption can be terrible around town (about 15mpg for our 2.5T geartronic). At that age various parts start to perish and deteriorate too. I agree on buying an older car - just not that old and spending a but more. Mind you I've never paid more than £3,500 for a car (our current V70 - bought at 8 years old with 75,000 miles) but that can still get you a much newer Volvo hopefully with something more modern than a cassette or CD player. |
Jul 4th, 2020, 22:22 | #12 | |
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Regards, John.
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Jul 5th, 2020, 11:14 | #13 |
amazondean
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I think both of you have good points and similar in your thinking! Neither of you are prepared to lose thousands. I have always gone on the basis that I tried to get the cheapest way of transporting myself without having something that looks daft! which led me to buying my 850 TDI estate 12 years ago for £1200!! I still own it now. It delivers around 50mpg average and has cost me no more than £1000 in all maintenance over this 12 years. The value is still around £1500 and still looks good.
Although I have always tried to buy Cars on the cheap, (the more you do it the more skilled you get at it, sometimes making a few quid buying and selling the odd one too) as you get older it becomes less important to do it so cheap. I am now delving into the early cross country model, as I really like the style, but cheap to run they may not be. Although I still struggle to part with much more than a thousand pound for a car regardless! The first cross country I bought is a 2000 mk1, it has been owned from new with one owner and maintained at Volvo. He spent £18000 in the first 17 years of its life maintaining it and that is just the invoices I had. I bought it for £800 and spent £250 sorting new rear springs and a damper. It drives and looks like a 5 year old car but I am under no illusion that this car might cost me to keep it on the road as these models are quite complex. However values are now starting to rise, as there are only little more than a handful left on the road. I have since bought two more!! there is something special about driving round in a vehicle that has nearly disappeared from our roads due to age, I used to drive amazons as my daily driver not that long ago, but they became too valuable and spares were getting too expensive so I cashed in and moved to a cheaper model to buy and maintain. It is great to own and drive something so rare.
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There are only two things in life that is easy. One's lying down and the other is handing your credit card over. everything else has a degree of skill. Volvo 850 TDI, 850 TDI, 850 TDI Volvo V70 TDI, V70 TDI, Volvo V70 XC, (99) Last edited by amazondean; Jul 5th, 2020 at 11:18. |
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Jul 5th, 2020, 13:47 | #14 |
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My main point is that once cars reach old age, spending a lot of money on them as you often have to do to fix things doesn't increase their value unless they hold other value such as classic/mint or sentimental value. After all, many others at this age will have been scrapped because they aren't worth repairing. The base requirement for any car sale is an MOT and no major faults unless sold to fix.
The other point is that they can be expensive to run, although the 15mpg I noted is for urban driving - it's far better on a motorway run. I almost managed to drive from London to Preston and back on a full tank recently. |
Jul 5th, 2020, 15:39 | #15 |
amazondean
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One of my points I made is that newer cars are equally as expensive to keep on the road. It just feels more justified when they are newer because the car may be worth more at that perticular time. Although it's not long before their value plummets. 👍
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There are only two things in life that is easy. One's lying down and the other is handing your credit card over. everything else has a degree of skill. Volvo 850 TDI, 850 TDI, 850 TDI Volvo V70 TDI, V70 TDI, Volvo V70 XC, (99) |
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Jul 5th, 2020, 17:18 | #16 | |
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Regards, John.
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Jul 5th, 2020, 17:21 | #17 | |
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Jul 5th, 2020, 23:03 | #18 | |
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It seems to be running very well and I've had the codes read recently but maybe it does need some attention but this is the wrong section for this model. |
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Jul 5th, 2020, 23:14 | #19 | |
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The real trade off is the purchase price vs the higher costs. It's like replacing an old boiler. |
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