1995 940. I bought it 7 years ago with 90,000 miles on it and now it has 207,000. Two years ago I was looking to replace it with a reliable used car with ABS, front air bags, cheap insurance and some sort of side impact protection. I could not find anything affordable so I spent 4 grand and had everything done to my current volvo. The engine runs like new, the transmission is starting to feel rougher than it did at 90k but should be good for another 50k at least. The best thing is...this is the same engine as latter year 240s, replacement engines are cheap, parts are on the internet, Swedishbricks website can tell you how to fix anything on your car.
One of 3 Volvos (89-740T, 940T &97- 850), we put 100k miles on this one. My wife does the majority of driving (15- 18k mi/yr) for work and short family trips. We needed room for 2 child seats & grandmother so good rear seat/trunk space were critical. Mostly minor maintenance (oil, gas), two sets of brake rotors (wobbles) required, one timing belt (133k mi) - not too bad overall. The B230 turbo motor is one of Volvo's best and it worked great for us. Once the Turbo spins up (lots of lag) there's plenty of power to move the very solid feeling car around. Has the famous Volvo turning circle (better than 850). Very solid and mostly reliable car.
I bought this car used from a co-worker. I drove this car for 40k+ miles with no major issues. It was great on gas, handled excellent, and was very comfortable. I unfortunately totaled it on my birthday a few days ago when someone ran a stop sign. I had a head on collision at 40 mph with the other car and then hit a telephone pole with the side of the car before coming to a stop. This car saved our lives and it will be missed. I have owned lots of cars including BMW, Honda, Toyota, even Hummer and know that none of them would have done this well in an accident. RIP Volvo 940. 164k miles and would have lasted at least 164k more Great car! Looking for another Volvo now.
I just graduated college and started a new job and now I want nothing more than to buy a new car. But I can't justify it because my '95 Volvo 940 just won't die! My parents bought it with 130k mi and I learned to drive on it about 6yrs ago. It's a bit sluggish so I'd recommend the turbo. The only major repairs we've done are a new alternator about 2 yrs ago, new gas pump about 5 yrs ago, and some belts and sensors last year. As long as you do your part to maintain them, they'll keep running for a loooong time. Great car for a teen since they're very safe and they couldn't get a speeding ticket if they tried. Also a great deal for the price.