Bought with 78K miles in 2001. Amazingly harsh and brittle ride, lack of power at low speeds, tendency to wander at high speeds, narrow tires not very confidence-inspiring. Significant body roll, squeaky but effective brakes. Had a $500 problem with it once every year. Broken down only once, when the battery decided it had had enough and wanted to explode but didn't. AC evaporator tends to fail and costs a grand to fix. This car lets in an amazing about of heat in the summer, and I live in the northeast. This car is relatively cheap to buy now, but I would only recommend it to residents of Canada who don't like driving fast and have autobahn-quality roads where they live.
Iconic design that still looks fresh. Appealing wheel choices. Supportive seats allow to drive 9 hours straight without getting tired. Good fuel economy. Single disc in-dash CD player well designed, very willing to play burned CDs, with good-enough sound quality.
Gosh, a little late to change anything now, but Volvo could finally own up to the AC problem and at least reimburse owners with Starbucks gift certificates.