I have a 86 740 turbo wagon. I bought it for $600 because of some wiring problems (insulation falling off the wires!!) and the fact that it would stop dead in the road at random times.
After fixing the wires and replacing the cracked hoses and doing all of the other standard fixes, I was still having problems.
I suspected fuel problems, ignition problems, computer problems and anything else I could think of. After replacing a dozen parts from the junkyard I finally narrowed it down to the thermostat that takes preheated air from a shroud around the exhaust system that is used to heat the intake air when the engine is cold. This thermostat (and the air deflector mechanism that it physically moves) lives in the air intake box under the air filter.
The problem occurs when the thermostat is defective and stays in the preheated air position (or dosen't completely close off the preheated air source). After the engine is hot it keeps sending hot air into the intake and the Air Mass Meter gets cooked, which screws up the mixture so much that the engine can barely run.
You can verify that this is your problem by unpluging the A.M.M. This puts the computer into a "limp home" mode. If the engine returns to a normal idle with the A.M.M. unplugged, then you know that the A.M.M. is way too hot from the preheated air and malfunctioning (or that it has finally dies completely if the engine wont run correctly when first started when cold). A quick fix is to remove the aluminum feeder tube from the exhaust shroud and see if the problem goes away.
I'm happy to say that my Volvo with 145,000 miles has not stranded me in the last year after taking about 3 months to finally figure out what was going on.
Hope this can help someone out there!






