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I've been driving a '90 Turbo wagon for about 4 years now. It just clocked 143K miles. I'm no expert, but it seems to be pretty much bullet-proof.
I replaced the radiator because the place where the top hose connnects cracked and began leaking (might even have been my fault, as it started shortly after I did an engine detail).
Another thing to check, though, is the engine/transmission mounts. Mine had given up the ghost, and although, it's not that hard to do yourself, I had Volvo do it for me...too old, you know.
I did replace the shocks and struts (probably the originals). I went with the Bilstein HDs. Man, what a difference !! I might suggest that you try that before the IPD swaybar thing, although, I'll probably do that, too.
I also replaced the front rotors and pads, but that's been about it. Regular Volvo service, while not cheap, has been a good thing for me, but as I'm sure you know, regular oil/filter changes are the most important thing to keep on top of.
Oh yeah, a set of 16" Borbett wheels and a set of Yokohama EV-100s, should be on your to do list....very nice looking.
As an aside, I would not hesitate to drive my 740 accross the country. As I said, "bullet-proof".
Greydog
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