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The car you're describing is a 240 turbo wagon, also known as a 245 (as mentioned below, the last number tells how many doors, either 2, 4, or 5). The 15"x6" 5-spoke silver/grey wheels were standard on the turbo models, which were made from '81-'85, all of which would have had the 4 rectangular headlights.
Here are some links to pictures of Volvo 240 wagons, mostly modified because that's what I tend to save:
245 Turbo burn out
White 245 Turbo
Lowered and heavily modified blue 245
Silver 245 Turbo
Blue 245 Turbo
Black 245 Turbo
Dark red 245 Turbo
Red 245
240 Turbo Wheels
European 265
You could probably buy a 240 turbo for $500-$3000+ depending on the mileage, condition of the car (paint, rust, interior), and the turbo (whether or not it's watercooled, whether or not there is an intercooler, and the mileage on the turbo). The purchase price will will also reflect how much additional money will be needed to get the car back into good condition. Things like shocks, bushings, cooling system, tires, and exhaust will probably need work in some degree just because the car is at least 15 years old. The most important things to look for are rust and a bad wiring harness, both of which were common on pre-'86 Volvo 240s.
Good luck.
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