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Yes, bail out as soon as you possibly can. I bought my car under a new certification program in 1998 from Point West Volvo in Irving Texas. They gave me a 12,000 mile, one year warranty. The car was supposed to be checked top to bottom and then reconditioned to new specs. However it had a burnt out light bulb on the passenger side visor, needed a thermostat, the washers did not spray onto the windshield, panel light was intermittent and electric antenna was noisy. This is a 1994 850 Volvo. I bought it certified???? with 63,000 miles and now here we are in the year 2003 and due to all the problems I have had with it, it only has 96,000 miles on it and fortunately for me I did not have to drive very far in the last two years. Total cost with financing, maintenance and repairs thus far is $21,000 to drive 33,000 miles. It can no longer be driven and its net worth is $1200 since it now needs a complete brake job for $825, a front axle bearing for $850, air conditioning compressor for $1350, three struts are cracked, motor mounts need to be replaced, transmission fluid leaks, SRS light and ABS warning lights are constantly on, a cam positioning sensor for $400 had to be installed last year since the car would stall out while driving even if on the highway, - very safe car?
So, never buy a Volvo again. This car has been maintained fully every 5K or 10 K since day one and still nothing but maintenance problems. I lost $21,000 on this crappy car and am sure to tell everyone in the world what has happened to me. Volvos do not last past 60,000 miles these days unless you are willing to spend a fortune to keep it running. I have owned over 15 cars with 3 of them being new and this Volvo is by far the most expensive and worst car of all. All the dealer who sold it to me can say is "What do you expect from a car that is almost 10 years old with 100,000 miles on it?" Volvos are supposed to be known for going 500,000 miles plus - NO WAY!
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