My car has 114K miles and still runs great. It definately burns through headlights as other reviewers have noted. I had some electrical? issues a short time ago, my mechanic thought there may have been a recall but the volvo mechanics said not. The dealership mechanics are the problem. apparently I needed new sparkplugs and the head gaskets cleaned. I think they just didn't want to reimburse me for the THREE sensors that needed to be replaced within one month of each other, if its an electrical issue they're supposed to refund your money. Regardless, I love my V40.
Also, when i got it i got 32 mpg. after disconnecting the computer, it now gets 26+ but i drive more in town now so...
Heated leather seats!
the fact that i can lay the seats down
in the backseat and sleep in it while my man drives!
better dealership mechanics that don't rip you off, recall on electrical issues prorated for those who've already replaced things that have gone wrong...