Admittedly, the 1397cc engine is slightly under powered at producing only 72BHP at 5200RPM. However, the torque levels are reasonable at 110NM.
The fuel consumption was poor. Around town, I averaged about 24MPG with sensible driving.
It was quite easy to spin the rear wheels in the wet. However, the traction was good in the dry when driving in a straight line. On a roundabout in the wet at speed, forget it, you will end up going sideways.
One morning, I had the fright of my life when I accidentally locked up the wheels in the wet. The brakes can be sharp and therefore catch you out.
The Renault engine is a reliable and a robust lump. It often went months without the oil being checked.
The engine was a bit clattery on start up due to piston slap, but never burnt oil.
Many people may say the 340 is an ugly car, I admit when I was a kid, I thought this, but to be honest the five door version after 1982 (no quart light window at the front) is fairly attractive. The earlier 340s, ie 343DL, 345DL (1976-1982) were ugly.
The engine is noisy at speed and will propel the car to just under 100mph.
The rear of the cabin has adequate space and is comfortable.
The boot space is roomy making this an all round practical car.
What I like about this car, is no one notices you. This car is not a head turner of a car (don`t go to the Guildford Cruise in one of these, unless you like being laughed at), therefore is unlikely to be sought after by thieves or jealous vandals. The good side to this is insurance premiums are low and you will never be pulled over be the police.
If you can get a Volvo 340 in superb condition, you may have got an excellent car. These cars are often popular amongst families and the elderly, so therefore tend to be looked after and often stay in a family for years.
A good thing about the Volvo 340/360, is there are several engines to choose from. The 1.4 (Renault OHV), the 1.7 (Renault SOHC), the 2.0 (Volvo SOHC carburettor) and the 2.0 (Volvo SOHC multi point fuel injection). The Volvo units are more robust, more refined and much faster, but also a whole lot thirstier.
I did become attached to this car and loved it. I wish I had the time to cure the rust that resulted in an MOT failure. If I had my way, I would still be driving this car.