Can someone tell me what exactly is going on with used Volvos?

All decent Petrol engine cars 2litre and up seem to have risen to lol money since the diesel fallout before Christmas. I often keep an eye on Volvo’s as I’ve always wanted a T5 and the prices of some petrols for sale are ridiculous. The 2.4 isn’t exactly a popular engine either given its low power and poor mpg.
Even the unpopular old Jag X types with the 2.5 and 3.0 v6 that could be had for 1k for the last few years are now being listed for 2k on a 2003 plate :eek: or a 2008 Mondeo with the 2.5T in 5k for a 10 year old example seems the norm aswell.
it’s a miserable time buying a used petrol car that has decent power at the minute there’s nowhere near enough supply to meet the demand and dealerships are just charging whatever they like. After always being a cash buyer of cars I’m actually thinking of leasing a brand new one for my next car due to how poor value for money most used petrol examples are at the minute.
 
Yes its great if your one of the haves :D

My used petrol car, one only 5 years old, has lost next to no value since I got it last Jan.
 
Diagro said:
It's not that bad at £320 a year
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I agree my last 3 cars have been the £300 ish bracket and it doesn’t bother me at all. I wouldn’t even hesitate to pay the £500 tax for the right car if need be.
Makes me laugh when the vast majority of buyers base a big part of there decision on the car having really cheap tax. I’m talking 25-30k cars here and they worry about what the tax will be lol. I’ve had friends that think it’s logical to trade in an older car and spend more than double on a new one and then tell everyone it has far cheaper tax etc like that was one of the deciding factors :eek: yeh I’ll spend another 10k on a new car to save £150 per year on tax :D
 
Utterly not the norm, clearly looking in the wrong places. If you want a Volvo try the owners forums (or Facebook pages).
 
Cookeh said:
Utterly not the norm, clearly looking in the wrong places. If you want a Volvo try the owners forums (or Facebook pages).
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The used market is full of overpriced petrol cars at the minute due to nobody selling private anymore and buyers wanting cars on the monthly for 3-5 years the dealerships are just charging what they want. I’ve always found owners forums like a ghost town for selling cars and facebook is ridiculous the only cars on there are the type that are about to fall to bits or fail there next mot
 
There used to be at least a handful of T5 when I was looking at them 2 years ago, I have checked lately and most of the time, with the same criteria search autotrader comes up with nothing.

I’ve put 20k miles on mile and the price hasn’t been dented much at all.
 
I think you're looking in the wrong places....

I got my 2007 S40 T5 just over a year ago with 86k miles, Custom plate, full Volvo service history, auto xenon headlights, auto rain wipers, Dolby Pro Logic II sound system, heated leather seats, bluetooth/phone, electric drivers seat and flip up child booster seats in the back - All for a grand total of £1900....It's manual too :)

Granted mine needed the belts/pulleys doing and had a boost problem which I knew how to sort. The guy had already got his new car so it was costing him money keeping it insured, I think he just wanted rid - I doubt I'd find anything again for that price, every time I check there are none for sale.

They're quite rare though, I've noticed the T5's seem to be creeping up in value. I wonder if it's due to Volvo dropping the T5 lump in favour of the 4 pots.

Maybe one day that'll be worth what the T5 R's are fetching these days...
 
Dav4 said:
The used market is full of overpriced petrol cars at the minute due to nobody selling private anymore and buyers wanting cars on the monthly for 3-5 years the dealerships are just charging what they want. I’ve always found owners forums like a ghost town for selling cars and facebook is ridiculous the only cars on there are the type that are about to fall to bits or fail there next mot
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Not the case on the Volvo forums or Facebook pages of said forums. I've also not noticed any significant increase in prices over the last year.
 
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