Had problems starting from six months after ownership. Volvo mechanic said that an electrical malfunction caused the fuel pump relay and ECU to short out. After a $500 repair job... engine just didn't start. Assumed fuel pump failure.
Gauges worked intermittently.
Brakes are generally good for a non-ABS.
Never pushed the car since it was not made for it.
Apparently Volvo make terrible 6 cylinder engines. 264's are the worst in the series for reliability. One's best buys would be the 240 or 244 series.
Tri-speed automatic transmission was also uneconomical at high-speed travel.
Er..! Wrong again, mate! The V6 engine of the Volvo 264 is a joint-venture mischief by Volvo, Peugeot and Renault.
Originally it was planned as a V8-engine, but lack of space in the already made bodies (!) from the 3 manufacturers dictated the need for shortening the engine. This was achieved by sawing off two of the cylinders and leaving the engine with a strange angle (90 degrees) between the 2 rows of cylinders.
Also not entirely true.
The oil crisis of 1973 made them decide to delete 2 cylinders...
The 90 degree angle was made to give space to the injection system. A bit strange, but it worked quite nicely...
The b28 V6 is a bad motor.. the b280 V6 in 87-90 760/780 are very, very, reliable powerplants.. swapping a b280 in a 264 can be done with deep pockets..
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