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Kevin,
I believe there is info in the 700/900 FAQ section (see drop down menu in upper right) about buying a Volvo. Even though you are talking about a 240, they are mechanically very similar cars so a lot of the info should be applicable.
Also, unless you are simply enamored with the style of the 240, you should consider a 740 or 940 as well. In my opinion, the 240 sedan is a nice looking sedan, and the 740/940 sedan is kind of homely. But, the wagons look about the same to me.
I would not be likely to pay $1400 for a 90 with 228k on it, but it is not impossible that it is a fair price. Yes, some of them go to 400k, but I believe they are the exception, not the rule. I know there are some on here who have those kind of miles, but not many. Personally, I have seen one that had over 400k, and I have owned Volvos off and on since the mid 70s.
As for snow, you need snow tires, preferably studded, on all four wheels. If you get into the newer 940s, I believe the 1041 lock up rear axle is standard equipment. I have one, but have not had it in the winter yet. I'm sure it will help. Earlier modes had an optional limited slip rear axle, but I have not seen many. They may be more common in more northern climates.
I suggest staying with the B230 single cam 8-valve engine, and for simplicity, a non-turbo. The newest car you can get with this engine is a 1995 940.
Charley
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