|
Your handy 1975–93 Volvo 240 buyer’s guide
Craig Fitzgerald - Jun 9, 2021
https://www.msn.com/en-us/autos/autos-luxury/your-handy-1975%E2%80%9393-volvo-240-buyers-guide/ar-AAKS4db
So what is a 240 series worth??
Over the last year, the sweet spot seems to hover right at that price point. Between $9000 and $11,000 would net you an early 1980s DL in any body style, all in rust-free condition. The outliers include a 1983 242 Turbo, claimed to be one of 500 flat-hood cars built for Group-A homologation, at $20,000 at the top, and a clean 240 DL with 130,000 miles and a Southwest history that sold for just $5000 at the bottom.
The Valuation Team notes that the average value quoted by Hagerty for all Volvo 240s is $5957. The appeal for these cars stretches across almost all generations, which isn’t surprising because Volvo started building 240s around the time of the first talkies. Boomers quoted 34 percent of the 240s last year, and Gen X wasn’t far behind at 29 percent. Millennials and Gen Z together quoted 31 percent of the 240s last year. Only Pre-boomers have a passing interest in Volvo 240s, requesting just six percent of the quotes last year.
Volvo 240s have always said something about their owners. It used to be “I’m a college professor in Vermont, like tweed, and smoke a pipe.” But over the years, these cars have become appealing to a wide range of enthusiasts who appreciate form dictated by function. “It might be because the car is a little square and sluggish, just like the Swedes themselves,” its designer, Jan Wilgaard, said. He’s not wrong.
|
