IIRC, there was a company in the USA in the past few years, who would
take late model ('90 on I think) 2 series Volvos and strip them down
to a bare shell, repair any body damage, repaint, recondition
_everything_ and then sell them...
Hence, they were selling fully reconditioned late 2 series Volvos.
I have not seen prices like that in Oregon, but maybe that's because there's so
many of them around here!
We paid $9,400 for our '92 (sedan though) 4 years ago with 65K miles in good
(not perfect) condition. I bought it in Portland. Great car, and I can see
why they could even start to appreciate in value, especially the '92s and
'93's, since they have airbags and ALB.... "they ain't mak'n any more of 'em".
An appreciating daily-driver... wouldn't THAT be nice! I'd settle for holding
steady but in reality, a nice 240 in this area is a $7500 car, MAYBE.
I see them getting more like 8-9k, but the problem is *finding* one in
really pristine condition, generally if they're in excellent shape, they're
not for sale. I can see the value of really nice late model 240's continuing
to rise for a bit as fewer and fewer of them are around.
All things aside, the 240 is still a very safe car, insurance companies love
one, and I'm sure I'll always own one. They're not the only good car out
there but they're the car for me.
I know that this is straying off topic, but I've got to say
that if you think a C230K isn't a true Merc, I guess that
you haven't seen the MB series vans. Built by wholly owned
DaimlerChrysler company Ssanyong in South Korea...
Talk about not a true Merc...
$20,000 in 1990 translates to roughly $25K today.
The problem, though, is that the S40 was not the same indestructable
deal that the 240 was. The new S40 - why not just get a Mazda 3
series instead and save a huge amount of money?(sigh)
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