Used 2001 Volvo V70 T5 Fwd 4dr Wagon (2.3L 5cyl Turbo 5M) Consumer Reviews
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Work on it yourself!!!
This is a good car that gets a bad rap. The tranny has a $19 fix from IPD to fix the hard into and out of 3rd shifts, and missing 3rd all together. The ETM should be replaced with one from xemodex in Canada. They have a mod that turns them into a lifetime unit. Although it is $550. Those two things will cover 90% of the complaints.
Best used car Ive owned!
I've owned 2 other Volvo wagons prior to this one. A 94' 850 T-5, 99' XC and my current 01' V70 T-5. I live in Anchorage, Alaska and decided on the 2 wheel drive model due to my previous XC was a nightmare with repairs. Drive handling with my 2001 V70 during winter has been pleasant on slippery roads with the normal all weather tires. The winter tires rubbed against the wheel wells while turning and elected to ditch them. The lower ground clearance helps with stability with little body roll in turns I've noticed. Transmission takes a little getting use to for effective use. I've found when accelerating from a stop it was best to ease on the gas which allowed gears to catch up.
2001 Volvo Transmission Problem
I've had 3 2001 xc 70's, now I'm down to 1 and I have a 2001 V70 T5. They all have had the same problem- TRANSMISSION....I think somebody should start a lawsuit against Volvo because anyone who has a 2001 Volvo has a transmission problem. I've tried everything to fix the problem...nothing works. The only thing that would help is buying a whole new transmission.
V70 T5- Not a Bad Car
Bought new in 2001 through Volvo's Diplomat Sales as special order with cloth interior (vice leather) and 5- Speed MANUAL transmission. Car has been very reliable and aside from usual wear items such as pads and rotors, have not spent more than $1K over last 10 years for repairs that included replacement of a pollution device plus new timing and serpentine belts. Perhaps having the manual transmission that's made the difference, but has been dependable and decent on gas. Would not buy another Volvo because Ford pretty much destroyed the company. Current Volvos are just too expensive for what one gets. Current models offer old technology.
excellent all around vehicle
We now have 65K miles on our black V-70 T-5, and appreciate more and more each day. With the optional sport seats, we can drive for 5 hours pain free. The car drives like a luxury car on the freeway, but handles like a well-tuned sports sedan on the back roads. It has incredible mid-range passing capabilities. If driven under 80 mph on long road trips it will cover 525 miles per tank. The only down side of owning this car, is the tire life on the optional 17" wheels (20-25K), and they aren't cheap. It is a kick in the pants to drive, can hold 5 people and their luggage, or fold the seats down and it can swallow an antique side- board. It's a sleeper hot rod, family hauler & truck!