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I have had my 96 850 GLT Wagon for about 1 1/1 years now. My biggest complain about the car is it's ride. We have gotten used to it but a lot of people who sit in it and also us, think it is tooooo harsh. Go blame Volvo for this one.
Other than that we both love the car. It is very reliable and safe.
Here are something to look out for
1: ABS/Tracs module going bad. $520 including labour. This is a common 850 and 70 series model problem and had happenede to tons of Volvo owners. Personally, i think Volvo needs to issue a recall.
2: Depending on what year your future 850 is look to see if the rear shocks are leaking.
3: If you buy power seats make sure the recliiner position works. The reclining cable has a tendency of breaking and is a pain in the rear repair. Also, if the seats are heated make sure they heat works on them.
Volvos as i have learned are really nice cars and the safest in the market, but they do come with thier fair share of problems (like any used or new car you may find) But overall they are fun to drive
I got mine with 56000 miles for $10,200.
Good Luck
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