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Chinese Volvo?

Before everyone gets all riled about Beijing, please remember that Ford did not produce Volvo they merely owned it. Volvo was not affected but Ford got the benefit of Volvo engineering and platforms while Volvo got the benefit of Ford's money. I can't imagine that we will see a Chinese produced Volvo at least for several years.

By(buy?) all means continue in your transaction. There is nothing new that could possibly affect your purchase or the fine automobile that is being produced for you.

As for a valuation of a used car there are 2 sides to that coin. I just recently purchased an 02 S60 NA for my son to use while in college. I got it for $6000 and only 73K on the odometer. I couldn't touch a BMW, Honda or Toyota for that money and mileage. You get more for your money when purchasing a Volvo. Most of us don't anticipate turning a car over every 2 years anyway. A bit ago I looked at BMW 5 series cars and came close to buying one when I realized that I had owned a 97 S90 that was a bigger car, with a bigger motor, ran on unleaded gas as opposed to premium and was newer. Instead of the 500 series I was better off simply looking for another nice S90 instead of a 12 year old BMW at substantially more cost. In fact, I looked at a 97 S90 before buying the 02 S60. It had 73K miles on it and the guy wanted $4500. It needed $1500 worth of repairs on it but you couldn't touch a 97 BMW 525 or thereabouts for that kind of money, mileage and fit and finish.

The long and the short of it is don't let the news sway you from finishing the purchase of your car. It has nothing to do with your transaction and the quality of the car you're buying. As they say, "bid with confidence".






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