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We've owned 4 used 740s and now 2 used 850s. The 8s are smoother and seem much more refined. Their performance seems to be between the NA 740 and the Turbo.
I cannot really reply on reliability. I've had one incident of non-starting when I moved the car four times one cold afternoon when I was painting the rear bumper cover. This also happened to our 740 turbo about 4 years ago. I now never move one of my Volvos without wartming them up.
I think that the 850s are probably like the 740s - find one that has been well maintained.
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2 8s & 2 7s 700,000 miles total
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