Online House Hunting

Have you purchased a used Volvo 240 with 150,000+ miles?

If so, how's it worked out for you? I just found a 1992 240 sedan for $2,300, for sale by owner. It has 165,000 miles on it. Would I be totally crazy to purchase this car? Would I likely have to end up putting a lot of money into it? Are Volvo parts expensive, and would it be hard to find a good Volvo mechanic? Also, $2,300 seems a bit high for a Volvo this old, with this many miles. Am I right? Seems other '92s and '93s I've been seeing are cheaper. If you do recommend this purchase, what should I be sure to look for if I test drive the Volvo? Are there particular problems these models had that I should ask about/look for?

Public Comments

1. Its worth it if the car was maintained properly, Volvos of this vintage were build like a tank, more Volvos with over million miles than any other car. The engines are overbuild for the power they make and tend to last a long time. Take the car out for a test drive, if it seems ok to you pay a mechanic to look it over for you and give you a written report of what he found, items that may need attention in the future. Find an independent Volvo garage in your area and go talk to them.
2. It might be a good car, but $2300's too much. If you can get it down to about $1500, and the car appears to have been taken good care of, then I would say go for it.