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Are P2 V70s really that expensive to maintain?

Help, Advice, Owners' Discussion and DIY Tutorials on Volvo's stylish, distinctive P2 platform cars sold as model years 2001-2007 (North American market year designations).

2001 - 2007 V70
2001 - 2004 V70 XC (Cross Country)
2004 - 2007 XC70 (Cross Country)
2001 - 2009 S60
2003 - 2007 S60 R
2004 - 2007 V70 R

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cn90
Posts: 8249
Joined: 31 March 2010
Year and Model: 2004 V70 2.5T
Location: Omaha NE
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Re: Are P2 V70s really that expensive to maintain?

Post by cn90 »

This is the myth "Volvo is more expensive to repair than Honda"...
Let's say you DIY...

The stuffs you need to do at 100K miles is very standard for any car, no matter if it is Volvo or Honda or Toyota...
- Timing Belt, serp belt, pulleys etc
- Spark plugs
- Suspension (struts, control arms, end links, tie rods)
- Brake, rotors
etc etc

Someone needs to tell me how Toyota or Honda is cheaper to maintain, I want to learn!
2004 V70 2.5T 100K+
2005 XC90 2.5T 110K+

micn
Posts: 6
Joined: 18 November 2025
Year and Model: V70 2002
Location: Prague
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Post by micn »

I dont think it is too bad. I bought one 11 yrs ago, 2002 V70 non turbo gasoline, it cost 3500 Euro then, now 11 yrs later I spent around 7 - 8 000 Euro total for service (did new timing belt, front and rear suspensions, brakes, gas tank piping, fuel pump, exhaust muffler 3x times, tires, PCV, dashboard repair and some minor repairs, lately new ETM which unfortunately does still have some troubles, but might be just a cable or connector). Thats not including oil and filter changes done by myself. Drove 200 000 km. I'm not counting the LPG system build in, which cost 1100 Euro and actually saved around 12 000 Euro in fuel money : ) Its getting old, but the drives are soothing, I love it, my wife less so : )

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DavidE7
Posts: 133
Joined: 4 March 2022
Year and Model: 01-07 V70, S60, XC70
Location: Detroit, Michigan
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Post by DavidE7 »

The advantage of the Volvo over the Toyota is in the rust protection. Any older car will be incredibly expensive to maintain using the dealer. Volvos are affordable if you have access to a "pick-n-pull" junkyard with a constant supply of non-wear parts and don't mind spending a lot of weekends diagnosing and installing wear items from FCP Euro and your local auto parts store.
David E
2001 Moondust V70 2.4 293,000 miles
2001 Nautic Blue V70 2.4 224,000 miles
2004 Nautic Blue XC70 2.5T 251,000 miles
new: 2004 Black Saphire V70R 193,000 miles
2007 Titanium S60 2.5T 275,000 miles
2007 Magic Blue S60 2.5T 233,000 miles
2007 Silver V70 2.4 200,000 miles
P2 Volvos for every person in my family

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volvolugnut
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Year and Model: 2001 V70
Location: Oklahoma USA
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Post by volvolugnut »

Basically it is a lifestyle choice.
Do I want to have a vehicle that you drop at the dealer and return later to pay whatever they ask for repairs or do you want an older vehicle that you use your time to repair yourself and save the money to buy more tools and repair parts.
volvolugnut
The Fleet:
Volvo: 2001 V70 T5, 1986 244DL, 1983 245DL, 1975 245DL, 1959 PV544, multiple Volvo parts cars.
Mercedes: 2001 E320, 1973 280, 1974 280C, 1989 300E, 1988 300TE, 1979 300TD, parts cars.
2009 Smart Passion
Ford: 1977 F350, 1964 F150 (2), 1938 Tudor Sedan
Farmall tractors: 1956 400 Diesel, 1946 A
And others.

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