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Newly Grad looking for an old car.

Help, Advice and DIY Tutorials on Volvo's extremely popular car line -- Volvo's 1990s "bread and butter" cars -- powered by the ubiquitous and durable Volvo inline 5-cylinder engine.

1992 - 1997 850, 850 R, 850 T5-R, 850 T5, 850 GLT
1997 - 2000 S70, S70 AWD
1997 - 2000 V70, V70 AWD
1997 - 2000 V70-XC
1997 - 2004 C70

scot850
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Year and Model: 2000 V70 R
Location: Calgary, Alberta, Canada
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scot850

Re: Newly Grad looking for an old car.

Post by scot850 » Tue Jan 28, 2020 10:38 am

All good advice, and I always say there is never a cheap old Volvo. Typically a poorly maintained Volvo will take $2-3000 to get to stage zero (fully operational and all servicing up to date). However, once there they often only need regular servicing like any other car. Age is what costs the most for repairs as things like rubber bushes and the like start to degrade.

If you have good junkyards in your area with lots of old Volvos of the type you plan to buy, then parts costs can be kept lower.

June makes a lot of good suggestions. FWD are generally cheaper to maintain, as are non-turbos. I bought a 2000 base Volvo V70 and then spent close to $3000 (CDN) on bringing it back. We don't have annual inspections of any sort here so people cheap out and just don't maintain their cars. If you live in an area with regular inspections for condition or emissions, then the costs to bring to stage zero may be reduced considerably.

I wish you luck with whatever you go to buy, and if it is a Volvo there are people here to give guidance.

Good Luck.

Neil.
2000 V70 R - still being an endless PITA
2006 XC70
2003 Toyota 4Runner V8 Limited
2015 Kia Sportage EX-L
1993 850 GLT -Sold
1998 V70 XC - Sold
1997 Volvo 850 SE NA - Went to niece in California - Sold
2000 V70 SE NA - New project and test bed - Sold

Richard99
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Year and Model: 2000 V70XC
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Richard99

Re: Newly Grad looking for an old car.

Post by Richard99 » Thu Jan 30, 2020 11:56 am

callahanoffroad wrote:
Tue Jan 28, 2020 6:41 am
My advice is simple. If you meet one of two the following qualifications you can and should purchase a volvo:

Option 1: gainfully employed or with residual savings/passive income to afford about $5000 per year to spend on car maintenance that you can give to a mechanic.

Option 2: gainfully employed or with residual savings/passive income to afford about $2000 a year to spend on maintenance, but you have the ability, space, tools and desire to work on your own vehicle.

That's my experience with Volvo's.
100% agree with this.
Eric

1998 Volvo V70
2000 Volvo V70XC

Richard99
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Year and Model: 2000 V70XC
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Richard99

Re: Newly Grad looking for an old car.

Post by Richard99 » Thu Jan 30, 2020 11:58 am

Richard99 wrote:
Thu Jan 30, 2020 11:56 am
callahanoffroad wrote:
Tue Jan 28, 2020 6:41 am
My advice is simple. If you meet one of two the following qualifications you can and should purchase a volvo:

Option 1: gainfully employed or with residual savings/passive income to afford about $5000 per year to spend on car maintenance that you can give to a mechanic.

Option 2: gainfully employed or with residual savings/passive income to afford about $2000 a year to spend on maintenance, but you have the ability, space, tools and desire to work on your own vehicle.

That's my experience with Volvo's.
100% agree with this.
I would like to add however, that this should, at least in theory diminish after a couple years.
Eric

1998 Volvo V70
2000 Volvo V70XC

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abscate
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abscate

Re: Newly Grad looking for an old car.

Post by abscate » Thu Jan 30, 2020 3:50 pm

Ive got about 7 years of maintenance experience on "Elizabeth' , my T5 in the maintenance thread. I have 99% of all repairs there, including the money I put in 2013 to repair the car from 140k deferred repairs - very representative of what one might buy today
Empty Nester
A Captain in a Sea of Estrogen
1999-V70-T5M56 2005-V70-M56 1999-S70 VW T4 BMW
Link to Maintenance record thread
Link To Volvo Glossary

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