Volvo 240: Price, Mileage, Features, Specs, Variants, Engine, Interior, History & More

Volvo 240

Volvo 240: An In-Depth Look at the Iconic Swedish Classic

Brief Introduction of Volvo 240

The Volvo 240 is a legendary mid-size car that has left an indelible mark on automotive history. Produced from 1974 to 1993, it became one of Volvo’s most successful models, with over 2.8 million units sold worldwide. Initially introduced to replace the esteemed 140 series, the 240 was available in several body styles, including a two-door coupe (242), a four-door sedan (244), and a five-door station wagon (245). Known for its distinctive boxy design, the Volvo 240 is celebrated for its exceptional safety standards, durability, and practicality, which made it a popular choice for families and a benchmark for safety in the automotive industry. Its long production run saw numerous variants and continuous improvements, solidifying its status as a beloved classic car. The model is a single-generation vehicle, though it received several significant updates and facelifts throughout its 19-year lifespan.

Volvo 240

Volvo 240 Overview

Brand Volvo
Model 240
Launch Year 1974
Price Original prices varied by market and trim; current used market prices range from approximately $3,300 to $5,170 depending on condition and year.
Variants 242 (two-door), 244 (four-door), 245 (five-door wagon), DL, GL, GLE, GLT, GT, Turbo, SE, Classic.
Body Type Sedan, Station Wagon, Coupe.
Engine 4-cylinder inline (B20, B21, B23, B200, B230), V6 (B27, B28), 6-cylinder inline diesel (D24).
Power & Torque Ranging from approximately 82 hp (diesel) to 155 hp (Turbo). Torque figures varied, for example, the B230F produced around 185 Nm.
Transmission 4-speed manual, 4-speed manual with overdrive, 5-speed manual, 3-speed automatic, 4-speed automatic.
Fuel Type Petrol (Gasoline), Diesel.
Mileage Approximately 10-10.5 L/100 km (around 22-23 MPG).
Colors A wide range including Red, Black, White, Dark Blue, Silver Metallic, and various other metallic and solid colors over the years.
Safety Rating Not rated by modern standards, but was considered a benchmark for safety by the U.S. National Highway Traffic Safety Administration (NHTSA) in its time.
Dimensions Overall Length: ~4785-4900 mm, Wheelbase: ~2640-2650 mm.
Boot Space Sedan: ~395 L. Wagon: ~1200 L to 2151 L with seats down.

Generations and History of Volvo 240

A Single, Evolving Generation (1974-1993)

The Volvo 240 series was introduced in August 1974 as a successor to the 140 series, from which it inherited its basic body shell. However, the 240 was extensively redesigned, particularly from the cowl forward, incorporating innovations from Volvo’s VESC experimental safety vehicle. This included large energy-absorbing bumpers and a “shovel nose” front end. At launch, the lineup consisted of the two-door 242, the four-door 244, and the five-door 245 station wagon. The initial engine offerings included the existing B20 four-cylinder and the new overhead-cam B21 engine, which produced between 97 and 123 horsepower depending on the version. The 240 quickly established itself as a leader in automotive safety and durability. Throughout its production, the 240 series did not have distinct generations but underwent continuous evolution through yearly updates and significant facelifts. This single-generation approach allowed Volvo to refine and perfect the platform over nearly two decades, responding to changing market demands and technological advancements. The two-door 242 was discontinued in 1984, while the 244 sedan and 245 wagon continued until the end of production on May 14, 1993. Over its 19-year run, more than 2.8 million units were produced, making it one of Volvo’s most successful models.

Volvo 240 Facelifts and Yearly Updates

Year Change / Update
1976 Introduction of the Lambda sensor and three-way catalytic converter, a world-first that significantly reduced emissions.
1978 Minor cosmetic updates, including redesigned seats. The sporty 242GT model was introduced with features like fog lamps and firmer suspension. For some markets, rectangular headlamps and a new grille appeared on GL and GLE models.
1979 US models received wraparound taillights. The GT model got Virgo alloy wheels. A six-cylinder diesel engine, sourced from Volkswagen, was introduced.
1981 A major facelift was introduced, featuring smaller bumpers, redesigned lights, and a new dashboard layout. The 240 Turbo model with the B21ET engine (155 hp) was launched, making the wagon the world’s fastest estate car at the time.
1983 Model designations were simplified to just “240” instead of 242, 244, or 245. Wider side trim and larger taillights became standard across all models.
1984 The two-door 242 model was discontinued. Bumpers became more streamlined.
1985 Introduction of the “low friction” B230 engine, designed for improved fuel economy and longer life.
1986 Another significant facelift occurred, further modernizing the car’s appearance.
1990 A driver’s side airbag became standard in the US.
1993 The final year of production. A limited “Classic” edition was offered, featuring unique serial numbers for the last units produced.

Volvo 240 Variants and Features

The Volvo 240 was offered in a wide array of variants and trim levels throughout its production run. The primary body styles were the 242 (coupe), 244 (sedan), and 245 (wagon). Trim levels included the base DL (De Luxe), the more upscale GL (Grand Luxe), GLE (Grand Luxe Executive), and the sporty GLT (Grand Luxe Touring) and GT models. Interiors were known for their functional, ergonomic design and high-quality materials, with features evolving from basic amenities to options like leather upholstery, power windows, and heated seats in higher-end models. The Turbo models (1981-1985) combined GLT-level equipment with a powerful turbocharged engine. Limited editions like the SE (1991) and the final Classic (1993) offered unique combinations of features and trim. Safety was a core feature across all variants, with innovations like crumple zones, a reinforced passenger cabin, and three-point seatbelts setting industry standards. Later models incorporated features like anti-lock brakes (ABS) and driver-side airbags.

Volvo 240 Engine, Performance, and Driving Experience

The Volvo 240 was equipped with a range of robust engines, most notably the “Red Block” family of inline four-cylinders. These overhead-cam engines, including the B21, B23, and later B230, were known for their durability. Power outputs for the naturally aspirated petrol engines ranged from about 97 hp to 140 hp. The standout performance model was the 240 Turbo, introduced in 1981. Its 2.1-liter B21ET turbocharged engine produced 155 hp, enabling the car to accelerate from 0 to 62 mph in around 9 seconds, a remarkable feat for a family car of its era. Volvo also offered a six-cylinder diesel engine (D24) from Volkswagen, which produced around 82 hp. Transmission choices included 4-speed and 5-speed manuals, often with an electronic overdrive, and 3 or 4-speed automatic gearboxes, all driving the rear wheels. The driving experience was characterized by a feeling of solidity and safety. The suspension featured MacPherson struts at the front and a well-located solid axle at the rear, providing a comfortable and stable ride, though handling was not typically its primary focus outside of the sportier GT and Turbo variants.

Volvo 240 Pricing and Mileage

When new, the Volvo 240 was positioned as a premium mid-size car, with pricing that reflected its build quality and safety features. Today, it is a popular and affordable classic. In the used market, prices for a Volvo 240 can range from around $3,300 to over $5,170, depending on the car’s condition, mileage, year, and variant. Fuel efficiency was reasonable for its time but not exceptional by modern standards. Average fuel consumption was around 10 to 10.5 liters per 100 kilometers (approximately 22-23 miles per gallon). Real-world mileage can vary significantly based on driving habits, engine type, and the car’s mechanical condition. Maintenance costs are generally considered reasonable due to the car’s simple, robust mechanicals and good availability of spare parts. The “Redblock” engines are particularly renowned for their longevity and ease of service.

Volvo 240 Colors, Design, and Dimensions

The design of the Volvo 240 is one of its most defining characteristics. The “boxy but good” aesthetic was a result of a design philosophy that prioritized safety and practicality over fleeting stylistic trends. The angular lines, large greenhouse for excellent visibility, and substantial bumpers were all functional design elements. Over its 19-year production, the 240 was available in a wide spectrum of colors, from understated solids like Black and White to various metallic shades such as Silver, Wine Red, and Dark Blue. The car’s dimensions contributed to its spacious interior and solid road presence. The overall length was approximately 4,785 mm to 4,900 mm, with a width of around 1,715-1720 mm and a height of about 1,430-1450 mm. The wheelbase was consistently around 2,640-2650 mm, providing a stable ride and generous interior space.

Volvo 240 Safety Features

The Volvo 240 was a pioneer in automotive safety, setting standards that would influence the entire industry. Its design was heavily influenced by the Volvo Experimental Safety Car (VESC), incorporating many advanced safety concepts for its time.

  • Crumple Zones: The car featured front and rear crumple zones designed to absorb impact energy in a collision, protecting the occupants.
  • Reinforced Passenger Compartment: A rigid safety cage was built around the passenger area to prevent intrusion during an accident.
  • Three-Point Seatbelts: It was equipped with the three-point seatbelt, a Volvo invention, as standard for all seating positions.
  • Large Bumpers: Exceeded US safety standards of the time, providing significant protection in low-speed impacts.
  • Crash Test Benchmark: The car’s safety was so highly regarded that the U.S. National Highway Traffic Safety Administration (NHTSA) used it as the benchmark vehicle for safety standards in the 1970s.
  • Advanced Systems (Later Models): As technology progressed, later models were offered with features like Anti-lock Braking Systems (ABS) and a driver’s side airbag.

Volvo 240 Infotainment and Connectivity

As a vehicle produced from the mid-1970s to the early 1990s, the infotainment and connectivity options in the Volvo 240 were characteristic of its era. Early models came with a basic AM/FM radio and cassette player. The dashboard was designed for functionality, with clear, easy-to-use controls. Over the years, higher trim levels offered more advanced sound systems with features like graphic equalizers. There were no touchscreens, Apple CarPlay, Android Auto, or navigation systems as these technologies were not available during the 240’s production run. Connectivity was limited to the audio system’s inputs. Today, many owners have retrofitted modern head units into their 240s, a process made relatively simple by the car’s straightforward dashboard design, allowing for the integration of features like Bluetooth and USB connectivity.

Volvo 240

Volvo 240 Owner Reviews & Ratings

Owners of the Volvo 240 consistently praise the car for its exceptional reliability, durability, and safety. Many 240s remain on the road with hundreds of thousands of miles, a testament to their robust “Redblock” engines and overall build quality. Users appreciate the simple, functional interior and the immense practicality, especially of the wagon (245) model, which offers cavernous cargo space. Common complaints often revolve around the car’s modest performance, particularly the non-turbo models, which can feel underpowered in modern traffic. Fuel economy is also noted as being less efficient than contemporary vehicles. Some owners report common age-related issues such as oil leaks, worn suspension bushings, and electrical gremlins, particularly with the fuse box and wiring in older models. Despite these issues, the general consensus is overwhelmingly positive, with many owners expressing a deep affection for their “brick,” citing its charming character, ease of maintenance, and the profound sense of security it provides.

Volvo 240 Comparison with Similar Cars

During its long production run, the Volvo 240 competed with other mid-size European sedans and wagons such as the Mercedes-Benz W123, BMW 5 Series (E12/E28), and the Saab 900. Compared to the Mercedes-Benz W123, both cars were renowned for their exceptional build quality and longevity, but the Volvo often had the edge in passive safety features. The BMW 5 Series offered a more performance-oriented driving experience with more powerful engine options and dynamic handling, but it couldn’t match the Volvo’s reputation for sheer toughness and practicality. The Saab 900, another Swedish contemporary, was known for its quirky design, front-wheel-drive layout, and turbocharged performance, offering a different flavor of Scandinavian engineering. The Volvo 240’s unique selling proposition was its unparalleled focus on safety, combined with durability and family-friendly utility, especially in its wagon form. While it was rarely the fastest or most stylish car in its class, its value for money in terms of longevity and safety was hard to beat.

Volvo 240 Awards and Recognition

  • Benchmark Safety Vehicle: Used by the U.S. National Highway Traffic Safety Administration (NHTSA) as the standard against which other cars were measured in the 1970s.
  • Cleanest Car in the US (1978): Following the introduction of the Lambda Sond catalytic converter, the 240 earned this title for its low emissions.
  • European Touring Car Championship (1985): The high-performance 242 Turbo, nicknamed “The Flying Brick,” won this prestigious racing series, cementing its performance credentials.

Interesting Facts about Volvo 240

  • The 240 was the first car in the world to be fitted with a Lambda sensor and a three-way catalytic converter in 1976.
  • The 240 Turbo wagon, introduced in 1981, was briefly the fastest station wagon in the world.
  • Despite the introduction of its intended successor, the Volvo 700 series, in 1982, the 240 remained so popular that it continued in production for another 11 years, overlapping with both the 700 and 900 series.
  • The car’s robust engine and transmission mounts were designed to allow the engine to slide under the passenger compartment in a severe frontal collision, a key safety innovation.

Volvo 240 Legacy and Influence

The Volvo 240’s legacy is immense, cementing Volvo’s global reputation as a leader in automotive safety. Its 19-year production run and sales of over 2.8 million units demonstrate its enduring appeal and market impact. The car’s focus on safety innovations, such as crumple zones and the Lambda sensor, forced competitors to improve their own safety and emissions technologies. The 240’s practical, boxy design became an iconic symbol of the Volvo brand for decades. Its reputation for being nearly indestructible has given it a cult following among enthusiasts and collectors today. The 240 proved that a family car could be exceptionally safe, practical, and reliable, influencing automotive design and consumer expectations for generations to come.

Volvo 240 Global Availability

The Volvo 240 was a true world car, sold extensively across Europe, North America, and Australia, among other markets. It was manufactured primarily in Sweden, but also assembled in locations like Belgium, Canada, and Australia to cater to local demand. The car was produced in both left-hand and right-hand drive configurations, allowing for its wide global distribution. In the United States, the 240 was particularly popular, becoming a symbol of safety-conscious, educated buyers. Its simple, robust mechanicals made it well-suited to a variety of climates and road conditions, contributing to its global success and longevity. Today, thanks to its widespread sales, the Volvo 240 can be found in service in countries all over the world.

Volvo 240 Maintenance and Ownership Costs

Ownership of a Volvo 240 is generally considered affordable, particularly for a classic European car. Its straightforward engineering and the durability of its components, especially the “Redblock” four-cylinder engines, make it relatively easy and inexpensive to maintain. Many routine service tasks can be performed by a competent home mechanic. Spare parts availability is excellent, with a strong network of specialists and enthusiast communities providing support and components. Common maintenance items include replacing engine and transmission mounts, which are designed to wear as a safety feature, and addressing age-related issues like oil leaks from the flame trap system or suspension bushing wear. The non-interference design of the timing belt on most petrol engines is a significant advantage, as a broken belt will not cause catastrophic engine damage. The car’s resale value is stable and has been gradually increasing as it becomes more appreciated as a classic. Overall, for those seeking a durable, safe, and practical classic car, the Volvo 240 offers a rewarding ownership experience with manageable costs.

Final Words about Volvo 240

The Volvo 240 stands as a testament to a design philosophy that prioritized human-centric values of safety, durability, and practicality above all else. For nearly two decades, it was the embodiment of what Volvo stood for, creating a legacy that continues to influence the brand today. While its boxy design may seem dated to some, it represents a period of honest, functional automotive engineering that has earned it a dedicated global following. The 240 appeals to a wide range of buyers, from classic car enthusiasts who appreciate its simple mechanicals and robustness, to younger drivers seeking a safe, reliable, and characterful first car. Its blend of timeless design, pioneering safety features, and tank-like build quality ensures that the Volvo 240 is not just a relic of the past, but an enduring icon in automotive history. Its future as a cherished classic is secure, as it continues to be celebrated for being, simply, “boxy but good.”

By RTW Team

The RideToWheels team is a group of passionate auto enthusiasts and writers dedicated to bringing you accurate, engaging, and up-to-date information about cars, bikes, and everything on wheels.

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