The 960 in my opinion is superior to the other RWD Volvos thanks to the modern engine/gearbox, nicer interior and rear suspension (only sedan until 1994). But as someone mentioned, extraordinary repairs tend to get expensive. Check the engine, especially around the cylinder head, carefully for leaks. Pulling the head is n-o-t a one-hour affair. There may be a minimum of oil around the filler cap which is notorious for leaks, but that´s all´you should accept. If the engine idles roughly, there may be an intake manifold gasket leak (common issue).

If you´re familiar with OBD fault code tests (described in the 700/900 faq) you should read them on this one since several faults won´t always generate a check engine/transmission warning on the dash. O2 sensor and speedo signals are two examples.

Cam timing belts are a constant issue on the BB - just change it in time and there will be no problems. The ´94 has a stronger (widened) belt than the 91-93 models, too.

That car does sound like a nice deal, anyway. Good luck;

Martin