I made my purchase on the 98 S70 t-5 in nov 2001. I am pleased with the overall reliability, but now at 60k miles I am noting some glitches. The Glitches at 60k: a slow oil leak, one electronic window button has stopped working, the leather on the doors is breaking down, the leather has become easier to scratch (even if conditioned every 60 days), the headlamps and front plastic signal covers crack easy, the brake calipers have never performed to my liking, and the Alternator was replaced at 50k.
What I like: a fast turbo when I need it, comfortable seats, huge trunk, nice handling, great unique body style (is it a sports car or a sedan?)
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