I recently bought this as my first owned car as I need the space to car my stuff 800+ miles to and from school a few times a year. It has a very good amount of space and some of storage solutions are very good and innovative. Its had a few issues here and there but if you do your own work and don't mess it up like I did it's not to expensive. I've heard about trans issues but if your careful it should be fine. Also watch for a clogged oil pick up line, cheap and fairly easy diy or 5-600$ at a dealership. They also can have issues with the rear hatch harness, also easy to fix, I'd recommend leaving the two 90 degree bends in the rear pillar unclipped to keep it from reoccurring. I've gotten a lot of compliments on the car and it's been incredibly comfy on long drives. It's not a sports car by any stretch but it can get out of its way. It rides a little firmer than most luxury cars as volvos seem to always do but they do pay off with good road holding. I love this car.
The 2001 V70XC is absolutely the worst car I have ever owned or driven and I did once own a YUGO. So I think that sums it up. No one will touch this piece of junk and the most bizarre problems occur. Car has repeatedly been in the shop throughout my ownership, has almost gotten me into many, many accidents due to severe transmission problems, stalling and overheating. I think I have replaced every part on the car including the engine and transmission and most sensors and they fail again and again. Now the electrical system and information system is totally messed up. At this point I could have bought 3 brand new Chevrolets and I'm cutting my losses. This is also the worst driving car I have ever driven. It will give someone whiplash with the transmission jerking and lurching. Not even worth the recycling. I wouldn't want to curse the other items they might make out of the scrap. Never buy another Volvo period. When I see someone driving one, I can't help but pity them. AND, my model was made in Sweden. Every repair shop tells me VOLVO is JUNK and the worst nightmares to work on. No wonder only Doctors or Lawyers can own them. They're the only ones who can afford the upkeep. I do have to say that regardless of how bad it has performed and how costly it has been, in spite of all it's problems and stranding me, it always manages to get me home. But then again I never drive it more than 25 miles away from home. I really do think that my Angels have often pushed it safely home. No thanks to VOLVO. How did YUGO go bankrupt and Volvo get rich???
I bought it with 200,000 miles. I won't even tell you how much I got it for, but within a month I spent the same amount fixing an exhaust leak. I changed all the fluids, I mean ALL of them. Don't mess around when you buy used. Just change the oil, differential fluid, coolant etc.. I drove it around awhile to make sure it wasn't going to die and after 6 months I replaced the timing belt. Now you know with the AWD system if the tires aren't the same size it will cause premature wear. Buy 4 new tires at the same time. Your taking a chance if you don't. My advice, don't do it. I drive it with the wife and kids 2,000 miles and back stopping frequently to feed children and sleep in hotels. We made it no problem and its still my daily driver. For me its been an outstanding value and I love the looks and the interior.