Wow! After reading the poor reviews of the 2001 XC 70, I had to let everyone know about my good experience. I've owned Volvos and my parents have owned Volvos for many decades. I purchased this car for the turbo and carrying capacity. I've been pleased. I bought it at 75,000 mi and now it's at 100K. I've kept up with the maintenance, which has been a bit more expensive than my sedans, but I have not experienced the transmission issues nor electronic issues that are posted on this site. Issues have been: alternator, 1 software update, transmission flush, cam seal leak, and common maintenance. There will always be the bad stories that are reported first. I'm happy with my car.
4th Volvo, nothing but problems with major systems on this one. Exorbitant repair costs. They want to replace catalytic converter, A/C, transmission, seat belt, clogged filter to the tune of $10,000. My Ford Taurus lasted much longer for 1/3 the purchase price. Last Volvo for me.
I've owned many Volvos, this 2001 is a T5. It's been as tough as nails. I've repeatedly towed my 4k lbs boat, it's been driven hard and it never gave up on me. It's got 135k miles on the clock and going strong.
Reliability, best seats in the business
Wondering steering wheel, below average feedback from the road (R model was big improvement here)
Get the extended warranty! Well I just received the call from the dealership that my Volvo needs a new transmission ($4,500). Since the car is worth between $5-$6K thats it. The car was a great car to drive. The car just was not reliable. After about 50-60K miles, every trip to the dealer was another $1K bill. Im not talking consumables here but things that have never broken on any car I have ever owned. (a radio that would change stations every time the car hit a bump or the driver window that fell out of its track twice -after being fixed). There is nothing like driving a $40K car with duct tape holding your window up. My wife hates this car.
Booster seats. Intelligent driver controls. Exterior and interior.