2001 S60 2.0T, owned from new, 78,000 miles up and not a single non-consumable part has needed changing, and not a single thing has gone wrong. Mine has a manual transmission, however (I absolutely loathe automatics!)
I have an S60 2.0 T SE. I don't think anyone I know could fault the comfort factor - I drive long distances (300 miles plus) at least twice a month and this car is so comfortable to do it in. As to performance, I consider it better than my previous Peugeot 406 and Volkswagen Passat. Being your average Joe, and no car expert, I find it a bit sluggish through the low gears, but get it on the motorway and it performs with ease. Its done 67k now with no problems whatsoever - however servicing is much pricier than my previous cars.
I sold my 2001 BMW 535i to purchase a Volvo S60 AWD. Although the car seems slower than the bimmer it feels a lot more safe and controlable. Since I purchased the car in 2004 nothing major has gone wrong, its up to 62 000 kms and has only had the electronic throttle replaced (under warranty). It attracts a lot of looks at service stations or at the lights, As in Australia they are not that common its nice to have something people find unusual.
I purchased an AWD S-60 in September of 2004. The car ran well except that now I have a reoccurring message: fuel gas cover loose; check engine. That error message has sent me back for service four times in the last four months. I am told it is an emission problem and am quite concerned. Is this repairable or not? Is it standard over the car model? Is it just a dealer problem?
On October 3, 2005 I purchased a 2001 Volvo S60 with 42k miles for $15k. This was the best choice I have ever made.
My original choice was to purchase a 2006 BMW 5 Series, but as I strolled around checking out my options, I completely fell in love with this black beauty. It has to be the most comfortable car I have ever been in; and believe me, I've driven just about anything.
People say it's slow, but when you step on that accelerator, this baby flies! I've taken her to Tampa, the Keys and all over Miami, and the best part is that she's awesome on gas. I have noticed that just about everyone and their mother breaks their neck (it's just a saying) when I pull up to a red light, gas station, valet, etc.
I am now hooking this bad boy up with 2 12's, black 19's with a chrome lip, and Infinity G35 HID's. I know it sounds a bit "ghetto", but believe me, I'm one of the preppiest girls and with all the things I'm putting on my car, it's going to look HOT and is definitely going to be one of the hottest cars in Miami.
Enjoy this amazing car guys!!
I have just picked up an immaculate 2001 S60 2.0T S manual in Maya Gold for the token sum of UKP2500. The car has done 125,000 miles, but came with a full Volvo main dealer service history, a new MOT (annual British government roadworthiness check), and has just had new tyres, a new clutch and a new alternator fitted. It drives like new - not a single squeak from the interior, no freeplay in the gearchange mechanism or steering, and the engine sounds silky smooth and performs well. As long as you're prepared to use the revs, it's plenty quick enough for a daily driver. It will crack 0-60 in just over 8 seconds, pull all the way to 140 mph, and cruise at 80-90 mph with lots in reserve. Oh, and if you drive it sensibly, it will return 32 mpg.
Nobody that's been in the car can believe it has done over 100k. It doesn't feel tired in the slightest.
A mechanic friend has just serviced it and given it a thorough check over, and after 20 minutes on the ramps, all he's reported is front brake pads that are coming to the end of their life.
I can't believe people pay twice as much for a VW or Audi. Cars just don't come better built or engineered than this unless you spend crazy money.