Volvo V50 | Shed of the Week
This V50 isn't quite perfect - a way from it, in fact - but then it is also just £450...
![](https://ph-classic-prod-images.s3.amazonaws.com/nimg/42991/V50_03.jpg)
What's your immediate reaction when you see a suspiciously cheap motor? Is it suspicion?
When Shed first spotted this V50 estate, it was up at offers on £400. An hour or so later it appeared that either the seller has had a word with himself or a mate has told him that it was too cheap, hence the new price of £450. At these prices, a vendor is obviously keen to get rid, so it seems a shame to potentially kibosh a sale for the sake of fifty quid. Especially when potential buyers already need to be somewhat easy to please, given that this car has a big ding on the rear three-quarter panel and the ignition switch needs fixing.
Ah yes, the ignition switch. Seeing the word 'hotwire' in a car ad is never ideal, but in this case that doesn't necessarily mean that someone has already hotwired this one in the process of, for example, stealing it. V50s (and S40s) up to around 2007 are well known for going wrong in the ignition switch department. Just browser up 'Volvo V50 ignition switch problem' and a bunch of YouTube videos will spring up to tell you all about it. You turn the key and it springs back in the approved manner but the bit that's supposed to happen in the middle of that process, the engine start bit, doesn't happen. Or you can't un-ignite the ignition, draining the battery and most likely frying the coils. Or, if you hold the key against the resistance, the starter will eventually wake up, but it can take a good few seconds.
Whatever, duff V50 ignition switch modules are most definitely a thing. In 2006 there was a five-month backlog on them. Some say it's a wiring corrosion issue, others that it's mystical payback by the Scandinavian god-king Thor in revenge for Hollywood making money out of his name without his permission. Happily, other YT tube videos will not only tell you that it is fixable, they'll actually show you how to fix it. And it's not that hard or expensive. You won't need to have watched loads of Vin Diesel movies explaining how to hotwire a car in two seconds with a rolled-up ten dollar bill and a slice of pepperoni.
![](https://ph-classic-prod-images.s3.amazonaws.com/nimg/42991/V50_02.jpg)
To prove it, here's a Danish bloke with a very reassuring vlogging style fixing his V50's ignition switch, basically by removing most of the dashboard with nothing more than a T25 screwdriver, a butter knife (seriously) and a gung-ho attitude. It's recommended viewing even if you don't have a V50.
It's no longer 2006, so used switch modules are now plentiful on eBay for between £30 and £60. Alternatively you could pay £160 for a new one. Even if you pay full whack for the part and £0 for the labour thanks to our nice Danish chum, you'll still be coming in at around £600 all in, which is pretty cheap for a 2006 V50 diesel estate with 124,000 miles on the clock. Plus, with luck, you might get it through the upcoming MOT for not much more than the cost of the test because last year's one showed no issues other than a wearing rear brake pad and a busted numberplate light.
Then you would have yourself a cheap and handy shed. These V50s are solid, stylish, and decent driving cars. They're economical on long runs too thanks to 38mph per thousand revs in top. In an attempt to pinch some 3 Series business, Volvo claimed on the 2003 launch that V50s were perfect for 'young, dynamic and demanding families', but that was only true if those demands didn't include the ability to carry lots of luggage. That was the V70's role. In its defence, you could fold the V50's front passenger seat down flat along with the back seats, but if there was an award for the world's thinnest and most useless door pockets the V50 would have breezed it. Shed used to have one of these V50s and he considered himself fortunate that his gnarly old fingers wouldn't fit in those slitty pockets, because if they had there would definitely have been blood spilt. The upshot was that the next owner, a young lad with soft, lilywhite hands, stole at least three pounds from Shed simply by dipping his delicate digits in to retrieve the coins the old skinflint had dropped in there for parking fees.
For some reason Shed's dog hated getting in the back of his V50, whereas she absolutely loves his smelly old W124 estate (attention: joke coming up that only old people might get). Shed was thinking about giving his old hound a surprise by using his somehow still functioning Access credit card to buy a £200 remap for a quick 25 percent hike in power and torque, but Mrs Shed got wind of it and told him his flexible friend was off limits. Shed was worried for a minute until he realised it was the Access card she was talking about rather than the village postmistress. Sorry, you were promised a joke.
![](https://ph-classic-prod-images.s3.amazonaws.com/nimg/42991/V50_01.jpg)
Oh, and Top Shed by the way!
![wink](/inc/images/wink.gif)
And liking this week's choice too.
You might want to add that potential cost onto the purchase price too.
Decent shed otherwise; not too exciting but should do a job of work for a while, and assuming it gets a ticket in September 2021 too, then the potential to yield a profit!
A few niggles; noisy rear wheel bearing, (fixed), took the air box out to replace a parking bulb,
and the first week I had it the dash lit up with warning lights telling me to contact the main dealer? Why should I? I don't even know him.
Apparently the ECU sits just above the passenger footwell and a tug at the carpet and a wiggle of the plug resets the lights.
Turn the key (what a stupid place for a key
![rolleyes](/inc/images/rolleyes.gif)
I smile when I see those with the latest reg. They payed more than this just to drive it off the forecourt.
![wink](/inc/images/wink.gif)
Paul G
p.s. Need an "I love my shed" sticker.
![](https://thumbsnap.com/sc/diEopGUd.jpg)
You might want to add that potential cost onto the purchase price too.
Decent shed otherwise; not too exciting but should do a job of work for a while, and assuming it gets a ticket in September 2021 too, then the potential to yield a profit!
Another Swede in SOTW. Personally I’m not a fan of Volvo’s although I marginally prefer them to Saab’s.
I’m sure this one fixed up would make a reasonable car. What are the maintenance/ repair costs like on such a car.
As a cheap car I would prefer last weeks Rover.
I know those V50's aren't overly popular, but I've a soft spot for a mid-size, comfy estate with banging stereo...
And I remember that Access advert - the one where he and arms and legs sprouting out of his credit card body
https://youtu.be/usZBhHr4EE4
Shed you’ve just made me feel old...
This one is very cheap! You rarely find them under a grand unless absolutely knackered, so you'd want to go into this with your eyes open.
Shed, you’ve reminded me that our much cherished Passat is now worth sod all.
Regarding the short MOT, I’d assume the vendor had put it in for one but the bills to get it through soon mounted up so has decided to let it go for little money. Otherwise, you’d MOT it and ask a lot more.
Looking at the MOT history, nothing really shouts out as being a "red flag" and its had front bushes and shocks replaced in recent years. Could be quite a shrewd buy for someone, once the ignition issue is fixed and being a Volvo, no rust. Having spent £600 getting my own shed through an MOT this week due to rusted and seized suspension bolts, for me a car that isn't prone to rusting is now a big deal!!!
![](https://thumbsnap.com/sc/Uhs8CQSu.jpg)
Looking at the MOT history, nothing really shouts out as being a "red flag" and its had front bushes and shocks replaced in recent years. Could be quite a shrewd buy for someone, once the ignition issue is fixed and being a Volvo, no rust. Having spent £600 getting my own shed through an MOT this week due to rusted and seized suspension bolts, for me a car that isn't prone to rusting is now a big deal!!!
![](https://thumbsnap.com/sc/NVbduKGG.jpg)
![](https://thumbsnap.com/sc/Uhs8CQSu.jpg)
Front Lower Arm Links replaced around 200k
A couple of Steering Gaiters
DPF replaced at 194k
New Battery at same time
Indicator Switch/Stalk - known fault at about 180k (£45 for a new one, 10 mins to fit)
Still on original exhaust and clutch! Get about 35-40K out of a set of types and it regularly does 58-60mpg - hard to fault.
Ignition key may look stupid but in the event of an accident your knees will thank you as the steering column folds.......
Car still drives great, no creaks/rattles, 300k here we come.....
Another Swede in SOTW. Personally I’m not a fan of Volvo’s although I marginally prefer them to Saab’s.
I’m sure this one fixed up would make a reasonable car. What are the maintenance/ repair costs like on such a car.
As a cheap car I would prefer last weeks Rover.
This one is very cheap! You rarely find them under a grand unless absolutely knackered, so you'd want to go into this with your eyes open.
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