Phil,
Thank you for your advice. You should be philosopher or at least and advice columnist for "gearheads". I would be your most avid reader. The red 850 is in very good shape otherwise. Since I took delivery of it 25 years ago, I have carefully maintained it. I have changed the oil and oil filter every 5,000 miles, even though Volvo recommended oil changes at 10,000 mile intervals. I am also very fortunate to know a competent and honest mechanic who specializes in Volvos. He has helped me to maintain the red Volvo over the years in many ways. If I fix the red 850, I think I could get another 100,000 miles out of it. The only other big ticket issue I see, is the catalytic converter going. Replacing that will be a nightmare. It is no longer sold by Volvo and purchasing a used one from a salvage yard is dicey and purchasing a new aftermarket unit comes with substantial risk too. Phil thank you for you advice and insights. You and the others who have responded have helped me significantly as I decide what to do.
Hugh
|