I was at the dealer having a CPO-covered repair done, and the tech dropped the exhaust. He pointed out that the hanger about 4' foward of the rear bumper was rotting off the tailpipe. I pointed out to him how thin the material was where it is welded to the car, and seemed designed to fail.

He said "no problem, there is a repair kit - do you want me to price it for you?" And sure enough, Volvo sells a clamp, with a two-ended hanger rod attached, for $60+.

I see I can get it for $40 at FCP. What a racket. I think this affects many years, and several models. Oh for the days of my '95 850, whose exhaust was bulletproof. My pipe looks like it is rusting too, and will probably last only a few more years anyway.