I have a 1998 V70 (non turbo) 5 speed manual trans with the full leather package and alloys. I have just klicked over the 130,000 Km mark (80,000 miles) It has been a great car with no substantial problems. From all my reading on the brickboard over the years, opt for the 5 speed if you can find one and don't mind the standard. The Automatics have their issues. This is unequivocally the best car I have ever owned. The only nicer car I have driven was a Lexus LS400 (the flagship).

The sad part is I am giving serious consideration to moving over top a Honda minivan in the next little while and parting with my beloved wagon. Three kids, and the wagon is getting tight on long trips. I have the third seat, but once engaged you lose your luggage space. I have considered the new XC 90 but way too much $$$ for this boy. Thus the Honda possibilty.

As a final note you should be able to find a good deal on a 98 or 99 V70. I have been following the prices over here in Canada, and I figure I can get $16 - $16.5K CDN ($12-$12.5K US) for mine. From a sellers perspective this sucks as these cars are definitly worth more. What can you do - the market is the market, but if purchasing this is good value. Post kids I will return to the Swedish Brick.