Struts blew
Overdrive started going out
Seats not too comfortable.
I love (d) my Volvo (or my Volvy, as I fondly called her). My dad gave me this car (well, once I learned how to drive stick, that is) after I got my license.
They aren't the prettiest cars, but they are extremely tough, reliable, and safe.
Mine was a turbo, so it had a little kick. The highest speed I ever got her up to was 130.
Unfortunately I got in a wreck last summer and kind of crushed the engine. The good thing is is that I was totally safe, even when hit almost head-on. I got away with a few bruises, while in another car (aka-not a Volvo), I probably would have been seriously hurt.
Toward the end of our time together, the 5th gear (overdrive) got a little sticky, I would have to go faster or rev the engine for it to kick into overdrive.
Other than that, I love Volvos, I would recommend them to anyone.
P.S. For the older Volvos, the leather seats (when not properly taken care of) get really hard and uncomfortable, and the button-things in the seat poke you.