2008 Volvo V50 Review
Price Estimate: $967 - $1,521





+49
Edmunds' Expert Review
by the Edmunds Experts
Pros
- Cutting-edge style inside and out, sharper handling than you'd expect from a Volvo wagon, ergonomic controls, excellent seats and driving position, available all-wheel drive.
Cons
- Tepid performance from 2.4-liter base engine, gets pricey when options start getting piled on, sport suspension gives it an overly firm ride, below-average resale value.
What’s new
The 2008 Volvo V50 receives significant changes. Exterior styling has been freshened and the interior's center console redesigned to increase storage space. Although the base 2.4-liter engine is left untouched, the turbocharged T5 gains nine additional horses for a grand total of 227. An auxiliary input jack is now standard on all V50s, while T5 models gain a standard upgraded sound system with satellite radio. Active bi-xenon headlamps are now an option on the T5, while Volvo's Blind Spot Information System (BLIS) technology is an option on all V50s. The all-wheel-drive T5 is now only available with an automatic transmission.
Edmunds says
With its appealing mix of Volvo safety and Scandinavian style, the 2008 Volvo V50 deserves to be on your test-drive list if you're in the market for a small wagon (or even compact SUV) with a premium feel.
For sale nearby
7 listings
- $5,995good price$876 below market
- 119,521 miles
- No accidents, 3 owners, corporate fleet vehicle
- 5cyl automatic
- Cincinnati Used Auto Sales (152 mi away)
- Tire Pressure Warnin...
- Alarm
- Rear Bench Seats
- Stability Control
- Aux Audio Inputs
Close
Located in Cincinnati, OH
Introducing the 2008 Volvo V50 2.4L I5 FWD, a versatile and reliable wagon that offers a comfortable and practical driving experience. Powered by a 2....
AutoCheck Vehicle History Summary
Accident Free Vehicle: Yes
Personal Use Only: No
History Provider: AutoCheck
Title Details: Clean Title
Salvage Vehicle: No
Frame Damage: No
Theft History: No
Lemon Status: No
Free History Report: No
Features and Specs:
23 Combined MPG (20 City/28 Highway)
Listing Information:
VIN: YV1MW390882388898
Stock: 1527
Certified Pre-Owned: No - $6,995
- 110,776 miles
- 5cyl automatic
- Prestige Motor Sales (885 mi away)
- AWD/4WD
- Power Driver Seat
- Tire Pressure Warnin...
- Multi-Zone Climate C...
- Auto Climate Control
Close
Located in Malden, MA
The 2008 Volvo V50 receives significant changes. Exterior styling has been freshened and the interior's center console redesigned to increase storage ...
AutoCheck Vehicle History Summary Unavailable.
Features and Specs:
21 Combined MPG (18 City/26 Highway)
Listing Information:
VIN: YV1MJ672282381031
Stock: 381031
Certified Pre-Owned: No
Vehicle overview
Americans have good reason to dislike wagons. Long summers stuffed into the back of a Country Squire will do that to a person with memories still fresh of Dad yelling "don't make me stop this car!" at the top of his lungs. But frankly, those old American wagons were lame, and it's unfair to lump today's small batch of wagons in with them. The 2008 Volvo V50 is one such new-era wagon that should be given consideration. This upscale small wagon provides plenty of interior space, top-notch safety features and plenty of hip, Swedish style that quells the bland image equated with its body style and Volvo nameplate.
For 2008, the V50 has been lightly reshaped front and rear to create a more refined look. Although the original design was always attractive, the changes made to the grille surround and rear bumper are handsome and look more upscale. Inside, the center console has been redesigned to accommodate an auxiliary audio jack, a redesigned handbrake and most importantly, sorely needed additional storage space. The minimalist and 100-percent Swedish cabin design has been left thankfully untouched, but a new Nordic Light Oak optional trim snazzes up the interior with even more of that Svenska style that would be at home in an Ikea catalog.
The turbocharged 2.5-liter five-cylinder of the T5 model has been upgraded by nine horsepower for 2008, bringing its tally up to a healthy 227. This hardly makes the V50 a rocket, but we'll always welcome more power -- especially when it comes with an engine that gets 30 mpg on the highway.
For those willing to sacrifice a little utility for a better driving experience and gas mileage, the Volvo V50 is worth considering in lieu of smaller SUVs like the Acura RDX or Mazda CX-7. Against fellow premium compact wagons, the V50 also stacks up well, offering more cargo space than the Audi A4 Avant but slightly less than the Saab 9-3 SportCombi. These three wagons otherwise compare very closely to each other, so it mostly comes down to which car's overall style tickles your fancy and which best suits your needs. Either way, picking a 2008 Volvo V50 should be more than enough to erase some of those unfortunate wagon memories.
Performance & mpg
The 2008 V50 2.4i comes with a naturally aspirated 2.4-liter inline-5 rated for 168 hp and 170 pound-feet of torque. Buyers can choose either a five-speed manual or five-speed automatic to go with it. The T5 is upgraded for 2008 as its turbocharged 2.5-liter inline-5 now makes 227 hp and 236 lb-ft of torque. Both front- and all-wheel-drive T5 models come with a five-speed automatic only. Despite the power increase and the EPA's revised testing for 2008, the V50's fuel economy remains very good. The 2.4i gets an estimated 22 mpg city/31 mpg highway, while the more powerful T5 is nearly identical in both cycles. The T5 AWD gets 20 mpg city/28 mpg highway.
Safety
Antilock disc brakes, traction control and stability control are standard on all 2008 Volvo V50s. All models also have front-seat side airbags and full-length head curtain airbags along with whiplash-reducing head restraints in all outboard positions. For 2008, active bi-xenon headlights that swivel to illuminate curves are optional on the T5, while BLIS is optional on all V50s.
The National Highway Traffic Safety Administration has not crash tested a V50, but its crashworthiness should be similar to the S40 sedan, which earned perfect five-star ratings in side-impact tests, along with four stars for driver protection and five stars for the front passenger in frontal-impact tests. In the Insurance Institute for Highway Safety's frontal-offset testing, the S40 earned a top rating of "Good"; in IIHS side-impact testing, the car rated "Acceptable." These are very good ratings; however, they aren't as tanklike as Volvo's safety-first reputation would suggest.
Driving
Although the turbocharged engine in the 2008 Volvo V50 T5 has a somewhat peaky power band and exhibits some lag off the line, it's the better choice for enthusiastic drivers and even gets almost the same fuel economy as the 2.4i. For those looking to keep the price low, the base engine will be perfectly adequate, though. Handling is crisp and entertaining with either the standard or sport-tuned suspension, although some may find the latter's ride a bit too harsh when driving on less-than-pristine pavement.
Interior
If you're looking for a hip environment in your compact wagon, the 2008 Volvo V50 is hard to beat. Aside from the handsome new Nordic Light Oak trim, the ultraslim center stack can be adorned in faux metal, real aluminum or an iMac-like white finish. The V50 has more than good looks going for it, though. That center stack features controls that are a model of simplicity, and the materials used throughout are excellent. The ergonomically designed seats are comfortable and supportive, and in concert with the telescoping steering column, provide an excellent seating position. While leather is available, we'd save a few bucks and opt for the standard "T-Tec" upholstery, which breathes very well in hot weather and firmly holds occupants in place during cornering. Cargo capacity is ample at 27.4 cubic feet, and with the 60/40 rear seat folded down, it balloons to 62.9 cubic feet.
2008 Volvo V50 models
The 2008 Volvo V50 is a premium compact wagon available in three trim levels: 2.4i, T5 and T5 AWD. These names refer to each trim's powertrain. The V50 2.4i comes standard with 16-inch alloy wheels, an eight-way manually adjustable driver seat, a tilt-telescoping leather-wrapped steering wheel, unusual T-Tec cloth upholstery, manual climate control, full power accessories and a six-speaker Dolby audio system with a CD player and auxiliary audio jack. In addition to its more powerful engine the T5 adds foglamps, an eight-way power driver seat, automatic climate control, aluminum trim, a trip computer and an eight-speaker sound system with in-dash CD changer and satellite radio. The T5 AWD adds all-wheel drive.
Popular options for the V50 are grouped into packages. The Select Package for the 2.4i adds 17-inch wheels, foglights, a power driver seat, a sunroof, Nordic Light Oak wood or aluminum trim, a leather gearshift knob and the T5's upgraded sound system. The T5's Premium Package adds 17-inch wheels, a sunroof, leather upholstery, a power passenger seat, driver seat memory, auto-dimming mirror with compass and Homelink. The T5 also can be equipped with a 12-speaker Dynaudio sound system and the Dynamic Trim package that adds a performance body kit, sport steering wheel and a firmer sport suspension on front-wheel-drive versions. The Climate package available on all V50s includes heated front seats, headlamp washers and rain-sensing wipers.
Leather upholstery is available for the 2.4i, while the T5 can be upgraded with keyless ignition, a navigation system and active bi-xenon headlamps. BLIS is an option on all V50s.

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Compare 2008 Volvo V50 trim levels
Helpful trims summary and side-by-side comparison chart
Cost to DriveCost to drive estimates for the 2008 Volvo V50 2.4i 4dr Wagon (2.4L 5cyl 5A) and comparison vehicles are based on 15,000 miles per year (with a mix of 55% city and 45% highway driving) and energy estimates of $4.03 per gallon for premium unleaded in Indiana.
Monthly estimates based on costs in Indiana
$213/mo for V50 2.4i
V50 2.4i
vs
$161/mo
Avg. Compact Car
See Edmunds pricing data
Has Your Car's Value Changed?
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Reliability Ratings by RepairPal
2.5 out of 5 stars2.5/5Average
#23 out of 26 among Luxury Compact Cars
RepairPal Reliability Ratings are based on the actual cost, frequency, and severity of unscheduled repairs and maintenance on make/model data for select 2008-2022 vehicles. The reliability of a specific vehicle may vary depending on its maintenance and driving history, model year, trim, and features.
Cost
The average total annual cost for unscheduled repairs and maintenance across all model years of the Volvo V50 from 2008-2022.$544/yr
vs. $554/yr
for Average Luxury Compact Car
for Average Luxury Compact Car
Frequency
The average number of times this model is brought into the shop for unscheduled repairs and maintenance in a single year. RepairPal calculates this metric by tracking millions of unique vehicles over multiple years to determine an average number of visits per year (omitting small routine visits, e.g., oil changes).2.93x/yr
vs. 1.57x/yr
for Average Luxury Compact Car
for Average Luxury Compact Car
Severity
The probability that a repair will be a major issue, meaning the repair costs 3x the average annual repair cost for all models. This threshold will be higher for vehicles that have higher labor rates and parts costs (such as a premium brand).12.7%
vs. 11.1%
for Average Luxury Compact Car
for Average Luxury Compact Car
powered by RepairPal Based on RepairPal reliability data as of 8/23/2023. Ratings are provided by RepairPal and Edmunds is not responsible for their accuracy.
Volvo V50 Reviews
Owner Reviews
5(74%)
4(19%)
3(2%)
2(0%)
1(5%)
Most Helpful Owner Reviews
Trending topics
Good Car
3.75 out of 5 starsmattypv50, 12/04/2012
2007 Volvo V50 2.4i 4dr Wagon (2.4L 5cyl 5A)
Mine has 156,000KM on it. Bought it as a demo with 22,000KM (Canada).
It's been good. Here is a list of things that needed repair:
1. Ambient temperature gauge wouldn't work causing the A/C to malfunction. This required 3 trips to the dear to fix it
2. A/C Air Compressor died around 130,000km
3. Both wheel bearings needed to be replaced
4. Both front shocks needed to be replaced
5. One … day while driving the car just full on shut down. Had it towed and it was a fuel line sensor
I think that's about it. So only left me stranded once. Overall, a pretty good car.
Love my car... but.
4.5 out of 5 starsSueZQ, 11/22/2010
2008 Volvo V50 2.4i 4dr Wagon (2.4L 5cyl 5A)
I've had my V50 over 2 years now. No repairs, no problems, some minor issues (buzz in a speaker, vibration here & there) but for the most part, amazing reliability. Tires totally worn at 45,000 miles. Great fuel economy (over 32 mpg on long drives below 70 mph with a/c off). Cargo space limited for a wagon, but fits a lot of stuff. My problem is the seats. No lumbar support, and … headrest tilts forward forcing me to push my head forward. Long drives leave me with hip and lower back pain, and now neck pain and headaches. I am having to give up my wonderful car because no amount of padding or support has fixed this. So be very sure the seat supports you fully before you buy.
Great Alternative to others...
4.5 out of 5 starslondonwolfe, 06/04/2012
2008 Volvo V50 2.4i 4dr Wagon (2.4L 5cyl 5A)
When I was shopping a year ago for a nice small wagon commuter car, I looked at many options, VW Jetta TDI, Subaru, Audi A3 and A4. The reviews on this little car swayed my decision to test drive. Owned it a year now and 20k miles later, no disappointments. All cars have quirks, this car has been pleasant. I have had many cars in the past 5 BMWs, 12 VWs and 7 Porsches. I am a car … enthusiast, this car has enough character to make it stand out.
V50 Problems
4.5 out of 5 starsjroberts, 04/19/2010
2007 Volvo V50 2.4i 4dr Wagon (2.4L 5cyl 5A)
I have driven Volvo for twenty years. I traded my 1994 940 in 2007 for the V50, Big Mistake! Within the first 45 days problems began.I was told that the computer didn't find any problems. After monthly visits and 1.5 years the dealership took me seriously & VOLVO created a download to correct the car computer,things seemed better. Then 6 months later the horn began to honk for periods … of 5 miles. Once again I was told that the computer didn't show a problem. Unable to deal with the monthly trips to the dealership I traded for a Mercedes. I feel like a traitor, but apparently there are problems that exist that the computer doesn't show.
We have a limited number of reviews for the 2008 Volvo V50, so we've included reviews for other years of the V50 since its last redesign.
2008 V50 Highlights
2.4i
Base MSRP Excludes Destination Fee | $26,815 |
---|---|
Engine Type | Gas |
Combined MPG | 23 MPG |
Cost to Drive | $213/month |
Seating | 5 seats |
Cargo Capacity All Seats In Place | 27.4 cu.ft. |
Drivetrain | front wheel drive |
Warranty | 4 years / 50,000 miles |
Safety
Key safety features on the V50 include:
- Alarm
- Tire Pressure Warning
- Stability Control
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