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In addition to what Phil said, I would check the brakes for wear.
A set of pads lasts about 35K miles and the rotors are good for
two sets. So, it may be due for new rotors and pads. The good
news is brakes are easy to work on and instructions are also
at bay 13 http://volvospeed.com/bay13.htm. New front pads are
about $45 a pair and rotors are about $60 each (at volvoparts.com).
I'm not saying this is a problem area. But, right around this milage
there is some service to be done and if it was put off then you would
face it. The 60K service is pretty complete and if that was done by
the book then you should be OK. In addition to the brakes, the
timing belt should have been replaced at 70K and there should be a
sticker under the hood indicating when it was replaced.
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