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Hello Barry. If the car you bought at 104K has been properly maintained, no fear of anything serious. First thing to do, if your car is not a turbo, is to clean the flame trap.At the same time you should replace your oil filler cap rubber seal. It costs less than a dollar and it gets hard over time and looses its sealing properties. You can buy this things at fcpgroton.com. Also at this mileage you should replace the o-ring on the dipstick plastic handle. Procedures to clean the flame trap can be found at www.volvospeed.com.
Also at this car age, it might be a good idea to clean your oil separator and associated piping. In order to do that, you need to take out the intake manifold. Please replay if I can be of further help. Good Luck
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