Having neither the time or the knowledge to fool around with the Volvo software on these, I believe he is correct. I know you have to load in the software on the new ones, and I'm not sure you can just re-flash the components. It very well might be possible and easily doable, but I don't think Volvo ever went down that avenue, and I don't know of any shops that do it.
Then again, if you're running a shop and figured out a workaround (maybe replacing the memory chips? I don't know how hard it would be to clear previous memory) would you sell them as used, or claim they're new and make more profit?
I think they can still be rebuilt (re-soldering joints or replacing components, I don't know what typically fails on these units either) , but I don't know that 100% either.
Sorry I can't be more help, I can just tell you what he says is plausibe...
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If you're not driving it "like its stolen," are you really driving?
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