In 1999 Volvo introduced the ETM which failed miserably. Check the throttle module and see if it has a yellow tag, which means replaced by dealer and it lasts longer than the original.
The $2500 V70 is not a bad price, especially with records.
Other than that, it has the normal maintenance items, like flushing the auto trans every 50K miles or so.
Volvo really messed up on the turning radius of these front wheel drivers, its like parking a school bus! The AWD models are even worse. Speaking of which, don't even contemplate AWD cars, the maintenance is much worse.
I would look south and west for a 1993 245! But they cost a lot.
Klaus
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