The 1994 Volvo 940 is a rear-wheel-drive sedan and wagon, part of Volvo's 900 series, produced from 1990 to 1998. Key trims typically included the base 940, the GL, and the GLE. Its popularity stems from Volvo's renowned reputation for safety, robust build quality, and practical, no-nonsense design, making it a dependable choice for families and those prioritizing longevity over flash. New pricing varied but generally fell in the mid-$20,000s.
The Good
The 1994 Volvo 940 excels in reliability and safety, offering a smooth, comfortable ride. Its practical design and sturdy construction appeal to those seeking a dependable, long-lasting vehicle. While not a performance powerhouse, its solid engineering provides a sense of security and value that resonates with pragmatic buyers.
The Bad
Potential weaknesses for the 1994 Volvo 940 include aging electrical components, particularly wiring harnesses and sensor failures. Rust can be a concern in certain climates, affecting the body and suspension. The automatic transmission can sometimes exhibit shifting issues with age and high mileage.
1994 Volvo 940: Quick Overview
- Engine Options: The primary engine for the 1994 Volvo 940 was the 2.3-liter turbocharged inline-four (B230FK or B230FT). Some earlier models or specific markets might have offered a naturally aspirated version (B230F).
- Horsepower: Typically, the turbocharged engines produced around 130-162 horsepower, depending on the specific turbocharger and tuning. The naturally aspirated version produced around 114 horsepower.
- Fuel Economy: Fuel economy was generally respectable for its class and era. Expect figures in the range of 18-22 mpg in the city and 24-28 mpg on the highway. These figures can vary based on driving conditions, maintenance, and transmission type.
- 0-60 Times: With the turbocharged engine, 0-60 mph times were typically in the 9-10 second range. The naturally aspirated versions were slower, often exceeding 11 seconds.
- Towing Capacity: The 1994 Volvo 940 was not typically marketed with a specific towing capacity in the same way modern SUVs are. However, its robust construction allowed for modest towing of smaller trailers or recreational equipment, usually within the 1500-2000 lb range, depending on hitch and trailer specifics. Always consult the owner's manual for definitive recommendations.
- Trim-Level Features:
- Base/DL: Often came with standard power windows, mirrors, and locks, air conditioning, and a basic AM/FM stereo. Cloth upholstery was common.
- GL: Added features like cruise control, upgraded interior trim, sometimes alloy wheels, and a more premium sound system.
- GLE (often more luxurious): Could include leather upholstery, heated front seats, a sunroof (power or manual), automatic climate control, and more advanced audio systems.
1994 Volvo 940 Specifications
Vehicle Information
| Year | 1994 |
| Make | Volvo |
| Model | 940 |
| Trim | - |
| Style | - |
| Type | Sedan |
| Category | Mid-Size Car |
Manufacturing Details
| Made In | Sweden |
| Manufacturing City | TORSLANDA |
Dimensions
| Doors | 4-Door |
| Curb Weight | 3205 pounds |
| Gross Vehicle Weight Rating | - |
| Overall Height | 55.50 inches |
| Overall Length | 191.70 inches |
| Overall Width | 69.30 inches |
| Wheelbase Length | 109.10 inches |
| Standard Seating | 5 |
Engine & Performance
| Engine | 2.3-L L-4 SOHC 8V Turbo |
| Engine Size | 2.3L |
| Engine Cylinders | 4 |
| Transmission | 4-Speed Automatic |
| Transmission Type | Automatic |
| Transmission Speeds | 4-Speed |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $22,900 |
| Invoice Price | - |
| Delivery Charges | - |
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What Problems Does the 1994 Volvo 940 Have?
The 1994 Volvo 940 is generally known for its robust build and longevity, but like any vehicle of its age, certain issues are more commonly reported. One of the most frequent concerns is related to aging electrical systems. Wiring harnesses, especially those made with older insulation materials, can become brittle and prone to cracking, leading to intermittent electrical faults. This can manifest in various ways, such as non-functioning lights, power accessories, or engine performance issues. The Mass Air Flow (MAF) sensor is another component that can fail over time, impacting engine performance and fuel economy.
The ignition system, including coil packs and distributor components, can also wear out. Coolant leaks from hoses, the radiator, or the water pump are not uncommon as rubber components age. The automatic transmission, while generally sturdy, can sometimes develop issues with shifting quality or leaks as mileage accumulates. For the 1994 model year specifically, there weren't widespread, model-year-specific catastrophic failures reported, but rather a gradual wear and tear on components.
Rust is a significant concern, particularly in regions with harsh winters and road salt. Areas to inspect include the wheel arches, rocker panels, floor pans, and around the rear window. Suspension components like bushings and ball joints will also wear out over time, leading to a less precise ride and potential alignment issues. While specific recalls for the 1994 940 are not as numerous as for some other manufacturers, it's always advisable to check with the NHTSA database for any outstanding safety recalls. Overall, the long-term reliability of the 1994 Volvo 940 is excellent if well-maintained, but owners should be prepared for potential repairs related to aging rubber, plastic, and electrical components.
The ignition system, including coil packs and distributor components, can also wear out. Coolant leaks from hoses, the radiator, or the water pump are not uncommon as rubber components age. The automatic transmission, while generally sturdy, can sometimes develop issues with shifting quality or leaks as mileage accumulates. For the 1994 model year specifically, there weren't widespread, model-year-specific catastrophic failures reported, but rather a gradual wear and tear on components.
Rust is a significant concern, particularly in regions with harsh winters and road salt. Areas to inspect include the wheel arches, rocker panels, floor pans, and around the rear window. Suspension components like bushings and ball joints will also wear out over time, leading to a less precise ride and potential alignment issues. While specific recalls for the 1994 940 are not as numerous as for some other manufacturers, it's always advisable to check with the NHTSA database for any outstanding safety recalls. Overall, the long-term reliability of the 1994 Volvo 940 is excellent if well-maintained, but owners should be prepared for potential repairs related to aging rubber, plastic, and electrical components.
How long will the 1994 Volvo 940 last?
Based on owner data and anecdotal evidence, the 1994 Volvo 940 is capable of achieving very high mileage, often exceeding 200,000 miles and frequently reaching or surpassing 300,000 miles with consistent and proper maintenance. The key to this long-term durability lies in its robust mechanical design, particularly the inline-four engine and stout drivetrain. Weaknesses that become more apparent over time are primarily related to aging components. Rubber hoses, seals, and bushings will eventually degrade, leading to potential leaks and suspension wear. Electrical connectors can corrode, and wiring insulation can become brittle. However, the core engine and transmission are known for their resilience. With regular oil changes, timely replacement of wear items, and addressing minor issues promptly, a 1994 Volvo 940 can reliably serve its owners for many years and hundreds of thousands of miles.
What Technology & Safety Features are Included?
The 1994 Volvo 940 embodies a pragmatic approach to technology, focusing more on functionality and safety than cutting-edge infotainment. Standard features typically included a basic AM/FM radio with a cassette player. Optional upgrades often involved more powerful sound systems, sometimes with multiple speakers, and for higher trims, a CD player might have been available. Climate control systems were generally manual, though some higher-end trims could be equipped with automatic climate control.
Driver-assistance features in 1994 were rudimentary by today's standards. Cruise control was a common option, enhancing highway driving comfort. Beyond that, advanced electronic aids were virtually non-existent. The emphasis was on the driver's direct control and awareness.
Where the 1994 Volvo 940 truly shone was in its safety features, a hallmark of the Volvo brand. Standard safety equipment included anti-lock brakes (ABS), front airbags for the driver and passenger, and three-point seatbelts for all occupants. The car's rigid unibody construction, designed with crumple zones and a reinforced passenger compartment, was a significant factor in its safety profile.
While official crash test ratings from organizations like the NHTSA or IIHS for the 1994 model year might be less detailed by today's standards, Volvo vehicles of this era consistently performed well in frontal and side-impact tests for their time, earning a reputation for occupant protection. The sturdy design and the presence of airbags and ABS contributed significantly to its safety. Optional features were limited to creature comforts rather than advanced electronic systems. The tech and entertainment were straightforward, prioritizing durability and user-friendliness over complex interfaces.
Driver-assistance features in 1994 were rudimentary by today's standards. Cruise control was a common option, enhancing highway driving comfort. Beyond that, advanced electronic aids were virtually non-existent. The emphasis was on the driver's direct control and awareness.
Where the 1994 Volvo 940 truly shone was in its safety features, a hallmark of the Volvo brand. Standard safety equipment included anti-lock brakes (ABS), front airbags for the driver and passenger, and three-point seatbelts for all occupants. The car's rigid unibody construction, designed with crumple zones and a reinforced passenger compartment, was a significant factor in its safety profile.
While official crash test ratings from organizations like the NHTSA or IIHS for the 1994 model year might be less detailed by today's standards, Volvo vehicles of this era consistently performed well in frontal and side-impact tests for their time, earning a reputation for occupant protection. The sturdy design and the presence of airbags and ABS contributed significantly to its safety. Optional features were limited to creature comforts rather than advanced electronic systems. The tech and entertainment were straightforward, prioritizing durability and user-friendliness over complex interfaces.
What Colors Options are Available?
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In the meantime, feel free to explore the other sections for more content.
1994 Volvo 940 Prices and Market Value
When new, the 1994 Volvo 940 typically had an MSRP ranging from approximately $23,000 to $30,000, depending on the trim level and optional features. As a vehicle from the mid-1990s, it has undergone significant depreciation. Current used market prices for a 1994 Volvo 940 are generally quite affordable, often ranging from $2,000 to $6,000 for models in good to excellent condition with average mileage. Excellent, well-maintained examples or rarer configurations might fetch slightly more. Factors heavily influencing resale value include the vehicle's overall condition, maintenance history, mileage, the presence of rust, and the functionality of key components like the engine and transmission. Models with original documentation and a comprehensive service record tend to hold their value better. Depreciation has largely plateaued for these cars; their value is now more tied to their mechanical integrity and condition than their age.
1994 Volvo 940 Cost of Ownership
Owning a 1994 Volvo 940 is generally economical. Insurance costs are typically low due to its age and lower replacement value. Fuel costs are moderate; the 2.3L engine offers decent MPG for its class. Maintenance costs can be surprisingly reasonable, as many common repairs are straightforward and parts are readily available and affordable, especially from aftermarket suppliers. While specialized Volvo repair shops can be pricier, many independent mechanics are familiar with these robust vehicles. Long-term ownership costs are further reduced by the car's inherent durability, meaning fewer major issues arise if maintained properly. Overall, the 1994 Volvo 940 is an economical vehicle to own and operate, especially compared to modern cars.
1994 Volvo 940 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
19.80 gallons
City Mileage
19 miles/gallon
Highway Mileage
27 miles/gallon
1994 Volvo 940 Safety Rating
NHTSA
IIHS
1994 Volvo 940 Warranty
Basic
Original warranty
0 months / No data
Estimated remaining
Expired
Powertrain
Original warranty
0 months / No data
Estimated remaining
Expired
Rust
Original warranty
0 months / No data
Estimated remaining
Expired
1994 Volvo 940 Insurance
Insurance for a 1994 Volvo 940 is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 1994 Volvo 940 Compare to Other Sedan?
The 1994 Volvo 940 competed in a segment that included vehicles like the BMW 5 Series (E34), Mercedes-Benz E-Class (W124), Audi 100/A6 (C4), and American sedans such as the Ford Crown Victoria and Chevrolet Caprice.
Performance: In terms of raw acceleration and handling, the Volvo 940 lagged behind its German rivals, particularly the BMW 5 Series and the sportier Mercedes E-Class variants. Its turbocharged engine offered decent torque for relaxed cruising and overtaking, but it wasn't designed for spirited driving. American sedans like the Crown Victoria offered more V8 power but often lacked the refinement and handling finesse of the Volvo.
Features: The Volvo 940 offered a solid, no-nonsense interior with a focus on comfort and safety. While it lacked the luxury amenities and advanced technology found in higher-end German sedans, it provided ample space and comfortable seating. Its features were practical rather than opulent. The American sedans often offered a simpler, more utilitarian feature set.
Reliability: This is where the Volvo 940 typically excelled. While German luxury cars could be very reliable when new, their maintenance and repair costs tended to be significantly higher as they aged. The Volvo 940, with its robust mechanicals, often proved more durable and cheaper to maintain long-term than its German counterparts. It generally surpassed the reliability of many American cars of the era, particularly in terms of build quality and longevity.
Price: The 1994 Volvo 940 was priced competitively, generally sitting below the entry-level models of the German luxury brands but above many mainstream American sedans. Its used market price today is significantly lower than comparable BMWs or Mercedes-Benz models, offering exceptional value for money.
Alternatives:
Similar: The Saab 9000 offered a comparable blend of safety, unique styling, and robust engineering, though with front-wheel drive. The Mercedes-Benz W124 E-Class is a strong contender for those prioritizing build quality and a more luxurious feel, but expect higher maintenance costs.
Better (for specific needs): If outright performance and sharper handling are paramount, a BMW 5 Series (E34) might be preferable, but be prepared for more complex and expensive repairs. For those seeking maximum durability and a more traditional American driving experience with V8 power, a well-maintained Ford Crown Victoria or Mercury Grand Marquis could be considered, though their build quality and safety features might not match the Volvo.
Performance: In terms of raw acceleration and handling, the Volvo 940 lagged behind its German rivals, particularly the BMW 5 Series and the sportier Mercedes E-Class variants. Its turbocharged engine offered decent torque for relaxed cruising and overtaking, but it wasn't designed for spirited driving. American sedans like the Crown Victoria offered more V8 power but often lacked the refinement and handling finesse of the Volvo.
Features: The Volvo 940 offered a solid, no-nonsense interior with a focus on comfort and safety. While it lacked the luxury amenities and advanced technology found in higher-end German sedans, it provided ample space and comfortable seating. Its features were practical rather than opulent. The American sedans often offered a simpler, more utilitarian feature set.
Reliability: This is where the Volvo 940 typically excelled. While German luxury cars could be very reliable when new, their maintenance and repair costs tended to be significantly higher as they aged. The Volvo 940, with its robust mechanicals, often proved more durable and cheaper to maintain long-term than its German counterparts. It generally surpassed the reliability of many American cars of the era, particularly in terms of build quality and longevity.
Price: The 1994 Volvo 940 was priced competitively, generally sitting below the entry-level models of the German luxury brands but above many mainstream American sedans. Its used market price today is significantly lower than comparable BMWs or Mercedes-Benz models, offering exceptional value for money.
Alternatives:
Similar: The Saab 9000 offered a comparable blend of safety, unique styling, and robust engineering, though with front-wheel drive. The Mercedes-Benz W124 E-Class is a strong contender for those prioritizing build quality and a more luxurious feel, but expect higher maintenance costs.
Better (for specific needs): If outright performance and sharper handling are paramount, a BMW 5 Series (E34) might be preferable, but be prepared for more complex and expensive repairs. For those seeking maximum durability and a more traditional American driving experience with V8 power, a well-maintained Ford Crown Victoria or Mercury Grand Marquis could be considered, though their build quality and safety features might not match the Volvo.
Final Verdict: Is the 1994 Volvo 940 a Good Sedan?
The 1994 Volvo 940 is ideal for budget-conscious buyers prioritizing safety, reliability, and practicality over performance or cutting-edge technology. It's a fantastic choice for individuals or families seeking a durable, comfortable, and safe vehicle for daily commuting or long-distance travel without breaking the bank. It is absolutely worth buying, especially on the used market. Buying a well-maintained example is crucial; look for cars with a documented service history and minimal rust. Turbocharged models (GLT/GLE) offer a bit more pep and are often preferred. Avoid vehicles with obvious neglect or significant electrical issues. For those willing to overlook its dated aesthetics and modest performance, the 1994 Volvo 940 offers exceptional value and long-term dependability.
Cathleen V
Cathleen is an exceptional freelance writer covering hot topics in the automotive world from a gearhead's perspective. Her articles delve into various aspects of automotive technology and history, offering readers detailed insights into engine performance, reliability, and maintenance. Through her engaging and informative writing, Cathleen provides valuable information to automotive enthusiasts and consumers alike, helping them make informed decisions about vehicle maintenance and purchases.