If you good folks could lend me your opinions & insights, I would appreciate the help.

I just scrutinized a red 95 860 GLT wagon, leather, SIPS, sunroof, 160000 miles.
The mechanic & I found these problems -

Needs timing belt & tensioner, right front CV & axle, rear main seal leaks slowly, AC compressor noisy & pulley is red from heat, drivers seat back won't adjust, rear wiper makes a knocking sound, leather in front is cracked & some small tears, tailgate shocks are shot. And Check Engine light stays on, mechanic didn't see the cause (I've read the codes, but haven''t gone any farther).

Otherwise, it runs great & looks pretty good. Engine sounds perfect, shifts properly, no rust, etc. Odometer quit several years ago, but I know the milage is in the computer. AC works great, all power accessories work. Previous owner, 2d owner, lives here & appears to have been careful in caring for the car since he bought it in 2000.

Asking price (from used car lot) is $2000. I could do the timing belt, wiper & tailgate work myself but the other stuff will have to go to the mechanic.

So ... what do you think it's worth as I've described it? Or should I keep looking? In this part of the country, south Georgia, Volvos are very scarce. My first choice would be a late 940 or 960 wagon.

Thanks.