1. Home
  2. Volvo automobiles
  3. How much are 960's worth now?

How much are 960's worth now?

Hello

(all funds below are listed in Canadian dollars, exchange is around 0.71 USD)

...well, it happened... I knew it would only be a matter of time... yes, that's right, my dad took the 960 to the local Volvo dealer for something, and started looking at the shinny new ones. He was completely in awe of the Titanium edition V70 2.5T, it was a very nice car... Personaly I would go the AWD with premium package and a few optional bolt ons... or the R ;-) Anyhow, he asked how much our car would be on a trade in, the guy said maybe

5-6000, he would have to see it to give us a final number. My dad of course was reduced to near tears by the fact that his lovely nearly mint condition, low KMs 960 would barely cover the taxes on a new car (or not even). He thinks he could get around 10000+ if he sold privately, I told him no one would give him more then around 8000-8500 for it (after looking at auto trader).

1993 960 wagon - smoke silver metallic cold weather package all the goodies normal included in the 960... leather, dual power seats with memory, power all, 6 speaker AM/FM (FM not working, I still have to fix it)/Cassette, ECC (ice cold air), load leveling, plus a Volvo tow hitch with wiring. Includes 4 snow tires on steel rims as well.

137 K Kms, all the service records, Volvo serviced every time, except for a few oil changes. Minor accident damage to the right rear quarter panel, panel was replaced... you can't tell anything was touched. The paint is in excellent condition everywhere, a few dings and stone chips associated with age of course... car has been garaged when not in use. Interior is immaculate, front driver seat leather is more worn then anywhere else, of course... but still quite nice, no cracks.

So who is right? Dealer $5000-6000 Me $8000ish My father $10000+ (he says the car is still worth all the money he payed for it)

PS... we aren't thinking of actually selling it, he is just now extremely curious, and demanded I post this in the newsgroup for him.

...on a personal note, I will most likely be buying this car off him in 4 years, when he finally buys a new car... most likely a V70, or whatever is new at the time... unless it is too Ford based (he won't get it if there is a Ford engine in there)... How well do you think a 960 will hold up for ohhh another 10 years from now?... Do you think they are capable of doing a 20 year stint, I would like to keep it till it turns 20, by then I should have enough money to get a NEW car for a change...... hey at least I am moving up from used VW's :-), just taking a throwback in time to get the Volvo (91 Golf, 99 Golf TDI.... 4 years from now the 93 960...hopefully)

Reply to
Rob Guenther
Loading thread data ...

here in houston we bought a 92 960 mint condition,had 192,000 miles but perfect,for a little under 4000.00 with tt&l ,fully loaded, good car ,but keep an eye on the plastic radiator, the top radiator hose outlet can break without warning,luckily it happened in the driveway,there was a posting on brickbourd, these radiators have a life of about ten years,and of couse the power seats with a mind of there own, had to disconect power recliner,kept going all the way back on its own.then theres the steering rack noise,tempermental climate control. jerky transmission,all inherent problems in these early models.if you really want a 960 find the newest one you can with the lowest miles, and pay a little more. these early ones are kinda rare, i wonder why? mark

Reply to
Wstndboi38

..... We already have the car (owned since new), we just want to know what it is worth.... turns out a base model 240 would have goten us more money.... :-(

Reply to
Rob Guenther

Here (in Chicago), if your car is in excellent condition, and has about 86,000 miles, you could expect about $5000 - $6000 for a private party sale (this is US dollars). For dealer trade-in, about $1000 less.

1 US dollar is about a $1.40 Canadian, so I would say that you're correct. Private party sale: $7000 - $8500

Bev

Reply to
Bev A. Kupf

I agree with you completely... the 240 was too good, I mean they brag about how Volvo's are doing 1 million KMs in their brocheurs, but these people driving these things just aren't buying a brand new S60, or a V70 to replace that 85' Turbo that won't quit, or that 79 DL whos electric OD just hasn't given up ;-).

Reply to
Rob Guenther

In Dallas I've noticed that the 240 and 740 models are demanding a premium only if they are in pristine condition both mechanically and cosmetically. Otherwise they are both $1500 cars.... Seems that people are still willing to pay top dollar for a creampuff regardless of age.

Reply to
Jack in Dallas
740's are nearly worthless around here (for how good they are)... 940s on the other hand seem to be doing well. 240's used to get good prices, but are now deemed too old I guess... Canadian winters have rusted out many of them as well, the 740's do better in that respect. Late model 240's can still hold their value, but older then a 90 or a 91 is very low in price.
Reply to
Rob Guenther

My '96 850 has a trade in value of around US$2500 and a retail of around US$5000. I suspect that your dealer is about right.

The 240 series is holding it's value extremely well, newer model Volvos seem to have a much steeper depreciation curve than did the 240. I think this is because Volvo has been introducing new models and new model names much more frequently now than they did pre 1995.

John

Reply to
John Horner

MotorsForum website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.