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I purchased a 1-owner 71 142E 2 years ago. There is no rust, and it is in good condition. It needs a paint job, but it is not in danger of rust.
I has 4 speed w/overdrive and the D-jet system was intact. (many have been removed and a carb installed)
The front seats had been professionally recovered, and are beautiful. Everything was factory otherwise. Also, the previous owner had a 1"thick file of every transaction he had ever made with the car, including coorespondence to Volvo in the early 70's in regards to the FI system.
I paid $2,400 cash in the Dallas, Texas area.
I have performed major stuff to it like a ralleye dash, new radio/cassette system, 15" Turbo wheels, heater fan, rebuilt suspension, new seat belt system, and soundproofing activities.
I would sell you mine for $6,000 and not a penny less. I am dead serious with this price, as these cars are rare. Also, consider that this car gets nearly 30 mpg, is exempt from most emissions testing, and is damn cool. It can be a daily driver that is fast and fun. It is THE early 140 Volvo to have.
Jeremy
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71 142E and a yard full of 240's in Mass.
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