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My '97 requires a separate OBDII tool that's $170+ -ouch -never could pull the trigger on that. It's 1997 only so you might have better luck. I get my indy to reset and he doesn't charge. Although this last time his grease monkey wanted to be helpful and reset everything, including the trip odometer which broke. I didn't fuss too hard, got a partial credit, and did the odo myself. Long run savings on reset tool? unknown. Here's a URL for you:
http://www.matthewsvolvosite.com/2008/12/29/reset-service-light-volvo-850-s70-v70-c70-xc70/
good luck & have fun
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'97 855na, Mobil 1, K&N, various IPD's and eBay's
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