I agree with the other two posters that your TRACS switch is broken. In regards to the service light, this is the way it functions. It goes off within 2 minutes or 1 mile (I believe). Anyway, you can ignore it or if you feel you need to reset it, DRAPER reset tool (I found one on eBay for about $65 shipping included) will do it. Good luck!
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1998 S70 T5 Emarald Green Metallic (125K), 2004 V70 2.5T Ruby Red (45K), Previous Owner of Black '94 850 Turbo Wagon (Sold at 140K and miss her). My cars have been running so well lately they've got me worried.
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