Nice ride, tranny sucks, interior is nice
Transmission - horrible reputation!
Power steering rack.
Coolant reservoir, plus reservoir hoses and cap.
Front brake caliper leaking.
Brakes plus rotors.
I purchased the car because of the service records the previous owner provided. Engine is strong and runs good. The car does feel heavy, and if you're looking for performance, buy a Porsche, this is not the car for you!
The cars interior is very nice, with leather everywhere and power everything.
The transmissions on these cars do not last long! Watch out for the dreaded "flashing yellow arrow", this causes your car to go into limp mode, which means that you will lose 1st and 2nd gear. It's expensive to repair if you run into this problem. It's generally your shift solenoids. I found it cheaper to purchase a used tranny, and have had no problems since.
Learn how to work on the car yourself! It will save you tons in the long run. The Volvo shops are overpriced, and the lack of knowledge in these shops does run high, or they are trying to rip you off. The car is fairly easy to work on. All the problems I've listed above, I've repaired myself, except for the tranny swap.
Overall, it's a nice car. The engine will outlast the tranny, so set aside an emergency tranny fund if you buy this car. Better yet, buy the T5, which has a manual transmission. I will keep the car, as it's much cheaper than buying a new car.
Would you buy another car from this manufacturer? Don't Know
Review Date: 27th October, 2010