Volvo 240 - Worth 'investing'?

Volvo 240 - Worth 'investing'?

Author
Discussion

AmanSehra

Original Poster:

31 posts

156 months

Wednesday 24th February 2016
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So I've always liked the boxy shape of the older generation Volvo.

Had an 850 T5 for a while, and also a 960, which were both great cars.

But I've got the itch for an old 240, estate or saloon guise.

While I will probably buy one anyway, are there any thoughts on a Volvo 240 as investment potential? Looking on Ebay and Autotrader, people are asking a lot for these cars - one guy wants 4 grand for a 135k estate (although it is probably in good nick.... or should be at that price!)

So the question is, will it go up in value, and by how much?

Thoughts welcome...

AmanSehra

Original Poster:

31 posts

156 months

Friday 4th March 2016
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So I did it and bought one. It's a GL with cloth seats, but not in bad shape at all, bodywork is extremely good (needs a clay bar and polish).

I will probably slowly but surely restore it. Maybe make some light mods to make it a bit more modern (better speakers maybe) but keep all original bits, being sure not to destroy it by drilling holes everywhere.

It's a good solid car, like a boat compared to my seat Leon fr which handles like it's on rails compared to the 240!

Good wallow factor and the prices do seem very much on the rise! It's a gamble, makes life a bit more interesting!

AmanSehra

Original Poster:

31 posts

156 months

Friday 1st April 2016
quotequote all
Here she is!

Its been almost 3 weeks since last started (yesterday), and started on the turn!

(Hope pie turns out ok - first time posting a pic).


AmanSehra

Original Poster:

31 posts

156 months

Wednesday 4th May 2016
quotequote all
I've already started modding!

Nothing too substantial - put some 4 inch pioneer speakers in the front door cards. I am thinking of a much better stereo (and possibly) a subwoofer in the boot.

However before I continue I need to spend some time under the bonnet, steering feels a bit woolly.

Started clay barring the car... spent about 2.5 hours, and about a quarter of a bar only on the bonnet, and it's still not smooth! 27 years of grime haven't done the car well. It will be a long road to get the car to a nice mirror finish shine!