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The timing belt needs changing at 70k. If there is no service record of this check for a silver sticker on the timing belt cover. Volvo service techs place this sticker and write the date and milage at time of replacement. If you don't see a sticker, one 12mm bolt is all that holds the cover on. Bring a 12mm wrench so you can quickly see if the belt is old and deteriorating. If the belt is old, then plan on replacing it right away.
Check the radiator and hoses. In particular, check the inlet on the top right (driver's side) for hairline cracks or eny evidence of leaking. This is where hot coolant from the engine enters the radiator and it is prone to cracking and breaking. If you see any evidence of cracks or leaks you will need to replace the radiator.
As far as the alignment is concerned, it could be a number of things, maybe the front end just needs adjustment, but a common wear item is the rear control arm bushing. Look cracking and deterioration of the bushing.
Go through the FAQ and check out all the info about buying a used 960, but don't get overwhelmed by all of the potential problems mentioned. At 89k many of the issues mentioned in the FAQ may have been already addressed by the P.O.
I bought my 1995 965 over a year and a half ago with 89k miles and since then I've replaced the radiator and thats about it. Oh, and the battery. The car has been great.
Good luck,
kkoch
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