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The S/V 40 IS cheap. It's basically a Mitsubishi with a Volvo drivetrain and not much more. It's also way overpriced for what it really is, NOT a "real Volvo" IMHO. If the car really sold for the advertized price of $22-$23K US dollars loaded, it'd be a good deal BUT loaded the car costs about $30K US and for a tad more money, you can get a "REAL Volvo" like the new S60 (which is still NOT a FORD infuenced product BTW).
My advise is to not buy an S/V40 but rather buy either the S60, V70 or a used S70/V70 instead (2000 demos?).
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