General Comments:
I bought my silver 240 GLT estate for £350.00 from a private seller with 9 months MOT. It has been absolutely superbly reliable.
I had a carburetted 740 before, but my fuel injected 240 is superior.
It has a black leather interior, electric mirrors/windows. Power steering and a huge load carrying capacity.
My fuel consumption averages 30mpg. It's not great, but it's far cheaper than a new car on finance. If you are over 25, you can get classic insurance for around £150. With LPG it would be ideal.
It handles quite well for an old car, and is quite nippy considering it's so heavy, and the 2.3l B230E engine has around 130bhp when new.
What I like most is it's simplicity. You open the bonnet and you can see and get at all the components if you need to. It is very DIY friendly. The bodywork is very good considering it is 22 years old.
I love my classic 240, and would rate it very highly for comfort and reliability. I would say don't discount an old Volvo as an everyday car. I only have my 240, and I use it everyday. The fuel costs are a bit higher, but it more than makes up for that in its reliability and ease of service/DIY.
18th Jun 2013, 10:19
UPDATE.
Well I still own my 240 and it is still my daily driver.
No problems except needed a new alternator at 191,000 miles. Still drove home 20 miles with the dash lit up and the lights getting more dim.
The new alternator turned out to be faulty, as the voltage output was only 12.15V, so another was installed FOC.
Basic maintenance, and passed the last MOT no problems with great emissions levels, and for its previous MOT it needed a track rod end.
I still really like owning my GLT, and it's still proving reliable, even though it's 25 years old in January!!
It has now done 195,600 miles.