I am at 85K miles now. Repairs to date: all valves replaced, power steering pump replaced, multiple hoses replaced; etc. Far higher cost of ownership than prior cars; S60 was supposed to be a field proven model. I can't tell if my dealership is exploiting me or if the car is just built to fall apart. My other vehicle, a 97 Honda Civic, is bombproof - no major repairs, >> 100K miles. I will not buy another Volvo; for the price and maintenance, the math is not compelling.
Comfortable seats; good for long distance driving.