Believe or not the 240 is a better deal and 106k miles is nothing on the B230 engine. The RWD red iron engines are not interference engines, thus if the timing belt breaks, nothing happens to the engine. The 850 white aluminum engines are interference, if t-belt breaks it damages valves and pistons to the tune of a $3000 repair.
The 240 is a workhorse, that red B230 engine will go on for a long time. Parts are much cheaper, plenty of spare parts in the wreckyard and the engine compartment is friendly to the DIY person with all that room.
The '93 was the last year of the 240's and 92-93's were the "best", so they are hard to find, and volvo lovers are looking for these low miles classics. Another sought after model is 94-95 940's. If you like the shape of the 240, $5000 for a well maintained 240 is a great deal.
AS you can read from my signature I have 2 RWD and 1 FWD volvo, and I don't want to discourage you, since volvos are great cars.
You can get a nice clean 97-98 GLT(light pressure turbo)volvo for about $8000. There are plenty out there, be patient and do your homework. You want the one owner, volvo serviced with great maintenance records 850 or S70 GLT.
Good luck
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'88 240, '92 745, '98 v70 John, Tampa Bay
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