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Hi: I am back again. I have a chance to buy a 1990 240 5 speed and it is in fair condition overall , but will need some work. The exterior is like new. I am asking all of you what would be a fair ( ball Park Price ) you would pay for it ? KBB says its worth about $1800.00 . Has anyone had major problems with their 1990 240s , like a bad head gasket or other major problemed areas of your car ? Thanks, Dan.
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Dan, It sounds decent to me. Please let me know if you pass on it, as my son commutes from Yonkers to the NJ Transit Railyards daily, and his '86 with 260K is getting lighter by the day (but still running strong).
Good luck anyway,
Bruce
--
Bruce Young
'93 940-NA (current) — 240s (one V8) — 140s — 122s — since '63.
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I bought a 1989 5 speed about a year ago for 1500 dollars. The car had 155K miles. From original owner. PO had it repainted about a year before I bought the car, so exterior is very nice. I did get a CarFax still -- no problem there.
I had to put in 4 tires, front brake pads and new muffler when I purchased the car (bought all parts from FCPGroton and had it done by independant Volvo shop, except for the tires, where I just waited for a sale on correct size tires).
In one year I have done myself a few things, such as replace spark plugs, ignition wires, motor mounts and tranny mount, coolant temp sensor, flushed and replaced coolant, other maintenance such flame trap, throttle body cleaning, IAC cleaning, replaced air and fuel filters, changed power steering fluid, tranny fluid, differential fluid, replaced the O2 sensor. Put in a working radio I got from a bone yard for 20 dollars, from another 240. Got a spare AMM, and ECU.
All in all must have thrown in about 600 dollars into the car since I bought it. So not much more than a month and half payment on most cars these days.
I am hoping that I won't have to do anything major this year, although all suspension and bushings are original, I'll have to do them at some point.
A good dependable car with the Brick Board as a great resource to get your car going.
Do a search here on the zero mile list.
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'89 244DL M47 162K miles
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i bought my '90 5 speed 245 about 2 years ago, paid $2300 and i don't regret it. it was a garaged car, but from boston, so body was in pretty good shape. i put in about $500 soon after i bought it - O2 sensor & engine temp sensor ( could have done this myself for a lot cheaper), and standard tune up things. then about $700 for suspension bushings and a ball joint. i need to do the struts and shocks soon - if you need to do these and bushings you should do them both at the same time - you should be able to save on some labor cost.
i took the car thru a carwash a few times and i have since noticed that the "clear coat" or something peeling off. maybe it's not from the carwash and just age, either way i'm going to have to repaint soon. i don't know if 15 years is typical lifetime for volvo paint.
adam
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posted by
someone claiming to be Bond. James Bond.
on
Sat Oct 23 15:14 CST 2004 [ RELATED]
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Over the years--Total the repair cost for every mechanical problem you can identify before you make an offer. Double that, and that's what you are going to spend on repairs the first year.
Used cars (unless owned by DIY fanatics, and I've never bought one of those) ALWAYS have problems that you won't discover until you've bought the car.
The way to come out ahead when buying a 240 is to keep it a long time.
Good luck.
Doug Harvey
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posted by
someone claiming to be Manolo
on
Sat Oct 23 04:51 CST 2004 [ RELATED]
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Gee, I guess I paid too much for the 1990 5-sp sedan with 210k mi that I bought for my kids for $2300 last year.
It was mechanically good except for rubber parts (engine mounts, rear bushings, and tires), so I ended up with $3000 in it within the first month.
Since then, it has driven 11,000 trouble-free miles, but I noticed some pretty shoddy body work had been done on both ends of the car while I was putting on the rubber parts. The good news is that it is a Sacramento car so it has no rust anywhere.
HEAD GASKET
My 1991 5-sp wagon developed a small leak next to the #3 cylinder on the exhaust side last year. I whimped out and decided not to pull the head until I really had to. I tried a 'snake oil' solution and put in some radiator sealant - these big gold pills that you crush and mix with water. I really didn't expect them to work.
It took 30 days for the leak to completely stop, but it has been dry for almost a year now. Two weeks after putting in the sealant, my original plastic radiator failed, so the coolant has been replaced and I don't have that stuff circulating in my system any more.
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KBB prices are usually high in my experience. Maybe the dealer prices are OK, but the private party prices run high. Unfortunately, Sellers like to believe them.
You didn't provide much info on the condition of the car, only that it needs a little work. When I buy a used car, I always tack on $500 minimum for unforseen problems. I haave rarely been disappointed by this, and only once did it not hold true, '87 740 that didn't require any work for quite some time. To this you need to add (Subtract from the selling price) $$$ for the known defects; Brakes, Tires, Tune-up, Suspension, Interior, A/C .......
Couple of other considerations. Who has owned the car. I like to buy a family car that has worked it's way down in the pecking order. These cars seem to be well maintained. I have never purchased from a curb-side dealer. Others have had good luck buying from them.
Your best bet is to keep tabs on what similar cars are seling for over a period of time. For reference, about a year ago, I bought a '90 240 auto for $800. No A/C, busted spedometer, needed front brake calipers, and some paint defects on both front doors. Still a super deal - No major repairs since. Sometimes you get lucky. It is definately worth the $1800 you mentioned.
Dan
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i bought mine a year ago and paid under 2k with 138k on it and so far did the whole exhaust from the maifold back so i would check that out and you are most likley going to have to do front end and suspencion work and maintance that has been negelated but over all these are great cars . if the seller has some recent service records your ahead of the game on your maintance check list .
good luck ..
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Dan,
I have 2 1990's a 240 since new with 280K miles and a 1990 245 with 158K miles that I got last year. 1990's seem to go for $800 to $2000 depending on condition. Overall I can say that my 1990 has treated me well but it now needs a little TLC. My sedan is on jack stands now with the supension completely torn down for a rebuild. From my experience if the car is mostly orginal it mostly likely needs some suspension work. Shocks,struts,ball joints,tie rod ends, caliper rebuilds,etc. I like to take my time so I can clean everything up and repaint. No major rot but need to spend time touching up some arears that need attention. I use mostly POR 15. The sending units tend to rot out after awhile so it might need a new one. The rear bumpers corrode were the bumper shock mounts to the aluminium so that might need to be painted and reinforced. My 240 has a rear main oil leak but the head gasket has never been a problem. Easy cars to work on parts are plentiful and reasonable.
--
1990 240 Sdn 277K,tach,strut brace,turbo sway 1990 240 Wgn M47II 157K,tach,strut brace,poly bushings,IPD sways,bilsteins
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Dan,
I have a 1990 240 Wagon with a 5 speed. The major troubles I have had - suspension was shot when I obtained it. About two years after the purchase, the transmission went out. Otherwise, been a really decent car. Have had to do the "normal" services such as motor & tranny mounts, brakes, timing belt, front oil seals, water pump, intank fuel pump, differential fluid, brake lines were also bad, leaking gaskets (not head-knock on wood).
I probably paid to much for the car but I fell in love with it as soon as I saw it.
Todd :-)
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1990 245 Wagon - 187000 miles; 1988 244 Sedan - 123000 miles
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