For those in the market to buy a car right now, it’s a tough landscape. Prices are astronomical, with some new models retaining purchase value from nearly 18 months ago. But if you’re in the market for a used Volvo, there may be some hope. Below, you’ll find out why a used Volvo can be the BEST choice for a used car.
While prices have increased across all models, good condition Volvo’s can still be had relatively cheap when comparing them to their competitors. For instance,10-year-old Volvos can be had for typically $1,000-2,000 LESS than their competitors in similar condition.
Depending on where you live, Volvo’s are typically readily available in good to excellent condition. As someone who lives in the northeast, I find Volvo’s around every corner, especially the farther north I go. The best part is, a lot of the time these cars are owned by older folks who are diligent about maintenance and have garages.
If you’re interested in high performance and fast cars, you’ve probably come into the issue of high insurance premiums. With a Volvo, you have nothing to fear. You can insure P2R’s and T6 R-Design's for roughly the same amount as their light-pressure turbo brethren.
Lastly, and a point that should not be forgotten, is that the versatility of a Volvo XC wagon is second to none. There are countless examples of people using their wagons similar to how people use trucks. Sure, you won’t get the towing capabilities of a V8 truck that you will out of a 2.5T, but that’s why they threw a Yamaha engine in the XC90. The best part is, XC70’s don’t come with the premium price tag of a truck. So you can buy a “beater” P2 work vehicle for anywhere from $2,000 to $7,000 and be set up really nicely. And if you want to go slightly newer, you can opt for a T6.
While this doesn’t necessarily apply to new cars, you may have luck with cars as new as five years old. With price, versatility, and quality in mind, it’s hard to look past Volvo’s when you’re shopping for a new-to-you used car. I’m sure there will be comments regarding maintenance expenses or reliability issues, but I don’t think that’s why we got into Volvo’s. For me, it’s a combination of qualities that make Volvo stand out among the rest. But we’ll save that for another blog.