Skip to main content

Used 1992 Volvo 240 Consumer Reviews

List Price Estimate
$4,590 - $7,169

Used 240 for Sale
None for sale nearby. Instead:
See all for sale
12345...7

See Edmunds pricing data

Has Your Car's Value Changed?

Used car values are constantly changing. Edmunds lets you track your vehicle's value over time so you can decide when to sell or trade in.

Price history graph example
We have a limited number of reviews for the 1992 240, so we've included reviews for other years of the 240 since its last redesign.

Trending topics in reviews

Pros
Cons
5 out of 5 stars

The reputation as a tank or brick is accurate.

Karl Hungus, 10/04/2015
1991 Volvo 240 4dr Wagon
18 of 18 people found this review helpful

Above all, it should be noted: in a 1991 Volvo has been well maintained, it will run forever. If maintenance has been shoddy, all bets are off. That said: I love this car. This thought runs through my head all too often while driving - whether because of surprising uphill pulling power, filling the back of the wagon with an astonishing amount of stuff, or the general comfort of the ride. That's saying a lot, the 240 is not really anyone's idea of a comfortable, powerful car, but from the correct perspective it is nothing short of a treat - nothing about the car should inspire confidence or excitement, but the 240 is full of surprises. Right off the line, the 240 is a bit of a lazy beast. 1st gear gets the car moving, and you have to wonder if the 4 cylinder is up to the task. The 5 speed hits its stride around 35 though, with plenty of big, lazy power. This car will never spin its tires, but it keeps up with traffic perfectly well. A 25 year old wagon has no business going 100mph on the interstate, and it only adds to the confusion that the 240 is so stable and assured at that speed. Fast highway cruising benefits, no doubt, from the 3000 lb curb weight. It feels heavy and european, like a poor man's Mercedes. This heavy comfort applies all around - cruising the main strip, a weekend jaunt on curvy 2 lane highways, you are reminded that this car is definitely NOT a sport coupe and yet...and yet...it feels so *good*. Heavy, smooth, surefooted. Strangely like a very low pickup truck, but somehow different. Better. The rear wheel drive is great, absolutely amazing in snow. This is where half of the TANK comes from. The other half is pure build quality. The car is solid, overbuilt to hell, full of big clunky metal parts. It isn't unfair to say the car is full of simple 1970s engineering, but here it is a compliment. In our modern era of puffy plastic lozenges, a spare, hard, pure steel box stands out both for its unusual, utilitarian appearance and brilliant security. This car will take a thrashing, and come out running like a champ. Volvos have saved countless lives - yes, safety technology has come leaps and bounds since 1991, but these are the cars that safety standards were once measured by. You know someone (or at least someone who knows someone) who not only lived through a horrific wreck in a Volvo, but walked away. Repairs are easy for even the most rudimentary shade tree mechanic - with a Bently manual and a metric tool set in hand, almost nothing is off limits. I replaced my own timing belt in an hour and a half in a parking lot - thanks to more smart, simple Swedish engineering, a broken timing belt does not ruin the engine. It's nothing more than a nuisance, a protracted inconvenience. On the downside, these inconveniences increase with age. The legendary engine may run for upwards of a million miles (and beyond, again, with good maintenance), but in that time plastics become brittle, electronics corrode. The fuses are idiotic in placement and execution, the tail light contacts require almost monthly upkeep to avoid a ticket, some relays will burn out and introduce a cascade of electrical gremlins. As a tall person, I take some issue with the size of the cockpit. I fit, I've become used to it, but there isn't a ton of room. The 3rd row seat, while novel, is in the rear crumple zone - a significant rear-ending may not limit the Volvo's ability to limp home, but it may easily kill anyone seated in the way back. But the bottom line is that if you are patient, your expectations are realistic and you have a AAA card on hand, a Volvo will be your friend for a long, long time. We have a hyundai for quick jaunts to the store. Its fast & easy, but has been in the shop far more than the old beast.

Safety
5 out of 5 stars
Performance
4 out of 5 stars
Interior
5 out of 5 stars
Comfort
4 out of 5 stars
Reliability
5 out of 5 stars
Value
5 out of 5 stars
Report Abuse

4 out of 5 stars

The Swedish Washer/Dryer

Mary, 05/15/2006
1992 Volvo 240 GL 4dr Sedan
6 of 6 people found this review helpful

As mentioned earlier, find a good local mechanic to fix this car and stay away from the dealer or prepare to be taken to the cleaners! You may run into oil leak troubles with this model. Mine's been leaking slowly for five years and five different mechanics have been unable to fix it except for very short stretches. I paid $4K for this car when it had 70K original miles. Not a bad deal but I've put at least $5K into it over six years so it's affectionately known as the $9,000 washer/dryer. This car isn't cheap to fix but overall it's been reliable (no major repairs and it's going on 209K miles)! The single most expensive repair bill was $1,300 for various items around 150K miles.

Report Abuse
4.13 out of 5 stars

Most Reliable Car

Volvo Convert, 05/22/2009
1992 Volvo 240 4dr Wagon
4 of 4 people found this review helpful

My wife and I inherited this car from her parents two years ago. Her family drove it for almost 10 years before giving it to us and this thing will not die. I had never driven a Volvo before this one and her family mostly owned them for safety reasons but the odometer has stopped at 202,000 miles and the car just keeps trucking along. I have really fallen in love with this car and will be sad to see it go (which very well maybe never). After somewhere around 240,000 miles with little to no maintenance I am officially sold on Volvo. If you are thinking about buying this car I wholeheartedly recommend it. It has truly amazed me.

Report Abuse

3.88 out of 5 stars

240 love

WOW!!! 240, 02/13/2010
1992 Volvo 240 4dr Wagon
4 of 4 people found this review helpful

wow! I am on my second 240. mine is a 1989, and is has over 330,000 miles on it so far with no problems. The only thing I had to change in 20 years was the altenator, and the starter and these were changed in september of 2009. however, the car has developed an oil leak which is from the oil pan casket,with the exception of the aforementioned,repairs everything is factory original,excluding belts,hoses, brake pads,ignition wires and spark plugs- even the brake calipers are original. I drive this car every day to and from work and each day I fall more in love with this vehicle.WOW!!!

Report Abuse

5 out of 5 stars

I love these cars

Martin, 02/14/2009
1991 Volvo 240 4dr Wagon
3 of 3 people found this review helpful

This is the fourth 240 I've owned and the first wagon. I love the car. It's comfortable, safe, reliable and it drives well. I got this one from a doctor that owned since it was new and he had the engine replaced in June of 2008. The reason I bought it was because the engine he had put in came from another 240 and had only 31k miles on it (certified). When I picked it up he had put 8k on it, so it's a 1991 240 wagon with a 240 engine that has only 39k miles on it. I'll be driving it 20 years from now. I also have an all wheel drive 2002 Passat that I use when it snows heavily, but when I have a choice I choose to drive my 240.

Report Abuse
12345...7
Items per page: