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Like dylant says, it's probably a WHOLE lot less trouble to just sell your NA car and get a turbo model that you like... around here anyway, there are always a lot for sale. I like to check out www.bargainnews.com for deals. Always lots of Volvos in there.
But YES, you could do a swap. You'd want to have the complete engine, and you should get the transmission as well. You have an AW70 automatic- the Turbo has the AW71 which is more heavy-duty. They do interchange. The dirveshaft and rear axle don't need to change.
You would want a parts car, I would think. You'll need the intercooler, hoses, shroud, airbox, battery cables, wiring harness, oil cooler, computers, and instruments from the donor car. You should also upgrade at least the in-tank fuel pump to the higher-volume turbo unit.
This is all going to cost a lot of time and money... maybe more than you want to spend.
Perhaps a more reasonable approach would be simpler upgrades to your car: IPD sway bars, strut braces, a VX cam, bigger tires and wheels, and a turbo grille for a different look. All makes the base model 740 a lot more fun.
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Rob Bareiss, New London CT ::: '86 244DL- 215K, 87 244DL- 230K, 88 744GLE- 198K, 91 244 180K
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