1991 Volvo 240 Base Wagon 4-door 2.3l on 2040-cars
Hagerstown, Maryland, United States
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My mother-in-law bought this car used, but had it thoroughly checked out before doing so. She drove it gently and treated it like a second child, babying it and making sure it always got the best of care by a mechanic who worked almost exclusively with Volvos. She fixed it up a great deal before gifting it to us, with the intent that it would last us at least a good 100,000 more miles. Unfortunately we have fallen on hard times and would like to sell the car.
It has a newly rebuilt engine which is very clean. It runs GREAT, is extremely reliable, the AC is like a glacier blowing at you and the heat is volcanic. They work wonderfully! The back seat folds down and the car runs like a dream. Every now and then, it may feel a little rough if it's been sitting for too long without being driven, but that clears up when you take it for a drive. The stereo, speakers and dome light don't work, and would need to be replaced. We didn't bother with that when we got it because it simply wasn't that important to us. It needs a few more things, which is why the price is marked down from $10,000.00 to $9,000.00. The main things it needs are tires, an alignment (the reason it needs tires), and an enclosure for a turn signal (got broken trying to get it out of the ice this past winter). It had a few small rust spots which have been treated so they will not continue to grow and create a problem, but it could use a little paint touch-up in those spots. |
Volvo 240 for Sale
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Auto Services in Maryland
Weiland`s Upholstering Company Incorporated ★★★★★
Two Guys Collision Ctr ★★★★★
Top Gun Collision Repair ★★★★★
Thrifty Auto Repair ★★★★★
Reisterstown Auto Body ★★★★★
Reg Dixon`s Service Center ★★★★★
Auto blog
Volvo uncovers widespread cheating by its Chinese dealers
Tue, 26 Mar 2013According to a report in Reuters, the findings of an internal investigation conducted by Geely-owned Volvo is that its Chinese dealers vastly overreported their sales numbers in 2011, then even more vastly underreported their 2012 sales figures. About "half the dealers" out of the 151 total outlets gamed the system in order to get incentives for reaching volume objectives, falsely recording about 7,000 more units sold than was actually the case. Instead of 47,140 cars sold in China in 2011, the real number should have been 39,871.
Volvo corporate books a sale once it ships a car to a dealer, so that meant there were 7,000 more cars in inventory than there should have been. To restore the balance, the dealers underreported their 2012 sales while they unloaded those extra cars since, naturally, they couldn't claim the sale again. That made it look like sales declined by 11 percent in 2012, even though they actually increased year-on-year. The adjusted sales number for 2012 totalled 45,896.
Volvo has met with its dealers and told them to stop the deceitful practice. The discrepancies weren't so great that the company plans to restate its historic numbers, but from now on, it apparently plans to occasionally check inventory to make sure the numbers match and that it has a true picture of how individual models are selling.
Subprime financing on the rise in new car sales, leasing too
Fri, 07 Dec 2012We all remember the financial crisis that began several years back. At its core was a splurge of subprime lending for housing loans. The housing bubble burst, triggering a collapse of the mortgage-backed securities market. Apparently, those types of loans still exist in the automotive industry, and the market share for these types of "nonprime, subprime, and deep subprime," loans has grown 13.6 percent compared to the third quarter a year ago.
According to an Automotive News report, high-risk lending expanded to 24.8 percent of total loans in Q3, up from 21.9 percent for this time last year. As this level increased, average credit scores of borrowers dropped to 755, down from 763 a year ago. In that time, the average financing amount increased $90 per vehicle, to $25,963.
At 818, Volvo maintains the highest per-owner credit score, while Mitsubishi has the lowest, at 694. The highest rate of borrowers was at Toyota, with 14 percent of the market, followed by Ford with 13.1 percent and Chevrolet at 11.1.
Volvo will replace C70... eventually
Tue, 05 Nov 2013Volvo has already announced the end of production for its C70 hardtop convertible, a handsome but seriously dated offering that was last refreshed in 2010. Volvo won't be abandoning the two-door coupe-convertible market for long, though, as news out of Australia claims that a replacement, based on the striking Concept Coupe, will join the Chinese-owned, Swedish brand's ranks, although it's unclear precisely when we'll see it on the road.
"Eventually yes... as soon as possible," Hakan Samuelsson, Volvo's CEO, told the Drive, before adding, "when we are ready."
"The Coupe Concept car, we can put that into production and it will have an exposure on the brand. But at the end it's the cream on the cake and at the end you need the cake first before you put the cream on it," said Volvo's Senior Vice President of Product Strategy and Vehicle Line Management, Lex Kerssemakers.