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Volvo S60 2.4T 2002 sunroof - $1200 Topic is solved

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MoVolvos
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Volvo S60 2.4T 2002 sunroof - $1200

Post by MoVolvos » Wed Jun 19, 2019 1:21 am

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Do you thinks all the bugs have been worked out or it's time for some major TLC? What about as a flipper?
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https://raleigh.craigslist.org/cto/d/ca ... 65663.html
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2002 S60.png
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Volvo S60 2.4T 5 cylinder, Turbo charged. Year 2002. Car runs great, 6/15/19 driven 4 hours from Asheville and oil change done (have receipt, $64)! 149,325 miles. (Super low for a Volvo of this age, will last you AT LEAST another 100k) Has been a daily driver for the past couple years. Maryland plates, and clean title.
Passed Maryland emissions.
Serpentine drive belt replaced 3/31/2017 at 133k miles (have receipt)

Working sunroof
Excellent sound system with CD and cassette player
Good Michelin tires
Good brakes.
power seats
clean engine, car detailed and clean

Interior leather is in poor condition, brand new seat covers are included, see photos. Check engine light is on due to Turbo boost pressure sensor, does not impact driving.

Brand new windshield.

Firm price at $1200.

driver side window isn't rolling down.


Selling car as moving to Denver and will buy car there for driving in snow.
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BKM

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Re: Volvo S60 2.4T 2002 sunroof - $1200

Post by Georgeandkira » Wed Jun 19, 2019 6:12 am

Do you flip cars? If so you should know.
Repair the inoperative window.
Track down with certainty and cure the check engine light.
People may just sit on the seat covers or they may take a peek beneath them.
It WILL need some "major TLC" like shocks/struts, likely brakes + tires + coolant + parking brake hardware
The word is out on 2002's sharing ETM design woes, some transmission weakness, some bad DIM's.
You can point out the separate, easily + cheaply changed thermostat.
What are 150K '02's fetching in your neck of the woods?
Last edited by Georgeandkira on Wed Jun 19, 2019 6:35 am, edited 1 time in total.



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Re: Volvo S60 2.4T 2002 sunroof - $1200  Topic is solved

Post by matthew1 » Wed Jun 19, 2019 6:24 am

You'd need to be an expert in early P2s to be able to flip regularly. You’d need a network of buyers and word of mouth, like JRL has, MVS can kind of fill that role, but you’d need to be on all the forums. This one, you might get lucky, or get unlucky. Retail it’s maybe a $3500 car. Early P2s are gambling.
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Re: Volvo S60 2.4T 2002 sunroof - $1200

Post by oragex » Wed Jun 19, 2019 6:44 am

matthew1 wrote: ↑
Wed Jun 19, 2019 6:24 am
. This one, you might get lucky, or get unlucky.

My thoughts exactly. In fact, I think rather unlucky with no working window, check engine, a spring seat going, perhaps poor mpg and who knows what else. 'Super low miles' as long as you keep spending. By the kind of listing - just a feeling - this may be the kind of car that you'll keep 1-2 years working so-so and spending the least until it finally calls it quit. Be sure the throttle body and the transmission work good enough
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Re: Volvo S60 2.4T 2002 sunroof - $1200

Post by MoVolvos » Wed Jun 19, 2019 3:56 pm

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Georgeandkira
I'm not a car flipper but it looked tempting. Saw a guy on Youtube buying $400 dollar cars and flipping them consistently and making $500 to $1000 many days. This one seemed to look OK. I rarely sell cars because by the time it's ready for sale I know too much and in good conscience can't sell it. Either sell it for next to nothing or donate. Used Volvo's are not that abundant in the area and the higher priced ones (market value) remain on the lot for a long time. Exceptionally clean ones are gone in a day or two.

mathew1
"This one, you might get lucky, or get unlucky." Thanks, I don't have time to roll the wrong dice so going to stay away.

oragex
I think I'll stick to the earlier S70 (98 ~ 00) if I do get another. Kind of thinking along the lines also as a beater but the price has to go down to about $800 so there is money to throw some parts at it for a couple of years. I think though the next one will be a V8 XC90 along the 08-10 model. Going to pass on this one.


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BKM

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2003 GS300
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2019 Atlas SE 4 Motion

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Re: Volvo S60 2.4T 2002 sunroof - $1200

Post by abscate » Fri Jun 21, 2019 6:38 am

I think you are in one of the many states that’s requires you To be licensed as a dealer if you flip More than 6 vehicles or so. I know NC is tough on titles.

THe life cycle of the common louseflipper:

Buy at x, sell at 2x, boast

Eventually one day you sell a POS

Decent human flipper eats it and continues.

The loser flipper doesn’t, said customer report you To state and you have a very bad financial day.


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