Being a long time Volvo owner and fan I picked up a yellow 95 t5r from the goodwill auction today for $525, I realize it will need some work. I found all kinds of electrical things that weren't working but traced it to the ignition switch that needs replacing. I drove it home and it has a terrible wheel bearing noise, no biggie. But what I am most concerned about is I took it easy on the drive home and waited til a nice wide straight piece of road to see what it had. Boy was I disappointed when I floored it and one of the biggest puffs of blueish black smoke came out of the back and the car just fell flat on its face. So can anyone tell me what I am in for here, I am prepared to go the distance with this car because I have wanted one for many moons now and finally have it. And being only $525 into it I think I'll be alright. So where would you guys start. I haven't had enough time to get underneath it but did manage to clean the interior up some, which is the least of my worries.