I wrote all the above. I have done 8000km in 18 months since I bought this car. Sometimes it doesn't start first time when it has been running, if it has just been turned off for a few minutes. The losing power for a few seconds problem has gone away completely for more than a year. Mostly it uses less than 10 litres / 100km in mixed driving, 8 on highway is possible. Engine does not leak or burn any oil. Very effective heater. Rattling hatch door gone away. The rear parcel shelf falls down, seems to be a common problem. The fog-lights stopped working, sometimes the instrument panel lights go out, but come back on again when I hit the dashboard.
I very much enjoy this car, because I have got one myself. At first you think this car is not that tough and can't go hard, but once you put the pedal to the metal it starts to fly. I have not had many problems with the car so far, the only problems would be checking the oil and refilling it with petrol. my fog light have stopped working as well as my speed-o-meter. but that doesn't really affect the driving experience.
I own the above car, had it four years now. Have done 24,000km in that time, a good bomb to have sitting around and not use too often, though I don't have a problem using it more or doing long trips.
The instrument panel lights have given up working, a loose connection I am sure, for a while they came good again with a hit. No other problems or expenses. I top up the brake fluid from time to time, maybe once a year.
Fuel economy can be a bit dismal if doing a lot of short trips, but if you don't drive much you don't use much fuel anyway.
I bought a 1986 Volvo 360GLT (MK3) back in September last year for the sum of A$1300.
It's been totally reliable since then, with only one exception when I hopelessly flooded it one morning (later found out that wrong spark plugs were fitted...)
Interior is a fairly nice place to be, bulletproof B200E engines - mine is up to 225,000k.
RWD, can be fun in the wet and "GR8 4 Drifting" could be a plus or minus, I'll leave that to you! But rear-mounted gearbox gives positive handling.
Can be fairly quick. 1st and second are where it's at, but a yawning chasm between 2nd and 3rd sadly, though if revs are kept high enough this is surmountable - maybe due to the 240-sourced gearbox
Only minor things caused by age of car really, interior trim tends to fall off/break/disintegrate.
Intermittent crunch on selecting reverse - probably down to me!
Steering is fairly heavy, maybe power-steering needed to have been fitted from the start...
Total lack of credibility amongst the hoon/boy-racer fraternity - probably not a bad thing since it's capable of quite some level of surprise in the right situation.
Availability of parts, major parts - panels, light lenses, window glass, still available at breakers yards and Volvo specialists, other items such as brackets, mounts etc have to be imported or fettled up. Maybe a serious Owner/Enthusiast would have a spares car in the garage..
Overall, a good car for those in the know... A worthy attempt by Volvo for a serious rally-capable car.
I bought my Volvo 360 GLT 1985/86 last year, from a local guy who sold it pretty cheap, but without rego and road worthy. He came from Queensland.
There's not many of them left, I've only seen 3 in Vic., so that made it hard to find parts.
My tail lights have cracked because the tail lights wouldn't turn off. I suspect that since it's a Swedish car, its fog lights continuously stay on. So I replaced my tail lights, and now it looks odd with an aftermarket and original left side tail light LOL.
But I haven't figured out how to fix the problem? Can someone help me out?