Overall, we are happy with the 2003 V70. The car handles very well, it is esthetically pleasing, gets good gas mileage, and has great storage. The main complaint is with a cold-start problem. The car would not start at temperatures below about 30 - 35F. Frustratingly ironic for a Swedish car. Left us stranded once. Eventually, Volvo tracked the problem down to a faulty engine control module after a few repair attempts. Since then, we've had no complaints. Would probably buy another.
responsive handling, nice acceleration for a family wagon, comfortable on long trips
reliability of the computer control modules evidently needs attention