Gear box (5 speed) collapsed in beginning of June 2008. It is costly to buy from a junk dealer and it's much work to replace it.
Volvo has a good reputation when it comes to quality, and I think my Volvo 460 is well built car in general... but I have driven some Volvos with bad or sluggish gearbox, so maybe it´s one of the few bad components in Volvo. So I suggest to other Volvo buyers to test if the gearbox is shifting smoothly... if not, you should look for another car.
In overall I rate Volvo 460:
Good front seat comfort
Very warm in winter
Good noise isolation at high speed
Reliable in driving, but not exciting
Would you buy another car from this manufacturer? No
Review Date: 29th June, 2008