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06 V70 is pretty similar to the original 01 V70. But Volvo has been working on the various problems and getting better and better. As far as I know, the list of common failures that have been eliminated are
- upper motor mount (got the beefier one since mid 05 or so)
- electronic throttle module. No longer failing inside 50k miles like the 01s
- auto transmission seems to have improved but I still read few people having problems with 04 05s.
Failures that I'm not sure have been improved are
- Brake booster vacuum seal leak. A lot of people get this at 70k+ miles
- Upper spring seat. Common failure at 70k+ miles
- clogged ECC temperature fan spindle at 60k+ miles
If the part numbers on 06 is the same as the 01s. Then chances are they are still common failing parts.
If you get manual drive. You've eliminate the electronically controlled auto transmission which Volvo seems inexperienced with (seems like frequent transmission program changes with some fairly significant changes). None turbo eliminates any possibility of a turbo failure (doesn't seem common anyways). I'd say you have a pretty reliably vehicle. But ECU and other electronic units software updates beyond warranty period maybe dealer only. Today, Volvo dealer service is $90+ per hour. Some dealers have fairly high mark ups on parts (my local dealer charges $20 for oil filter insert. Online = $5-$6) A good Indy with $65/hour rate + online part supplier would save you good money.
Brake pads/rotors, plugs, oil/tranny fluid, coolent, engine/interior air filter are all easy with plenty of directions online. You will need some new tools (oil filter housing remove tool, a set of torx sockets + screw drivers)
Seems a few people in Volvo online forums have VADIS (volvo's shop electronic service manual) and there are diagrams floating around. I've been able to get posted procedures to most things you want to do. Asking around yield the uncommon ones quickly.
Problems I've encountered on mine 01 V70 T5 at 93k miles are listed here
http://howards01v70t5.blogspot.com/
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2001 Volvo V70 T5 ASR Wife says we are Volvo for Life, 1992 BMW 535iA becoming The Ultimate Driving Machine
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