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1989 Volvo 240 Overview, Reviews, Ratings & Specs

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Drew B | December 17, 2025
The 1989 Volvo 240, part of a long-running line produced from 1982 to 1993, is a testament to Swedish engineering. Available as a sedan, wagon, and famously as a 2-door coupe, it embodied safety and durability. Key trims included the GL and DL. Its enduring popularity stems from its boxy, functional design, legendary build quality, and reputation for longevity, making it a beloved classic for many.
The Good

The 1989 Volvo 240 offers robust reliability and a surprisingly comfortable ride, appealing to practical minds. Its utilitarian design resonates with those valuing function, while its solid construction and safety features provide emotional security. Efficiency is decent for its era, and its value proposition as a long-lasting, dependable vehicle is undeniable.

The Bad

Watch out for potential rust, especially in the wheel arches and along the sills, a common issue for vehicles of this age. Electrical gremlins, particularly with the wiring harnesses and aging components like the blower motor, can be a concern. Engine performance is modest, and the automatic transmissions can sometimes be less robust than their manual counterparts.

1989 Volvo 240: Quick Overview

  • Engine Options: The 1989 Volvo 240 primarily featured gasoline-powered inline-four engines. The most common was the 2.3-liter (B230F) naturally aspirated engine. A fuel-injected version, the B230FB, was also available, offering slightly more power. For the GL trim, a turbocharged variant, the B230FT, was an option, providing a significant performance boost.
  • Horsepower: The naturally aspirated B230F typically produced around 114 horsepower. The B230FB offered a bit more, in the range of 120-130 horsepower. The turbocharged B230FT could produce upwards of 162 horsepower.
  • Fuel Economy: Fuel economy varied depending on the engine and transmission. For the naturally aspirated engines, expect figures around 18-20 MPG in the city and 24-28 MPG on the highway. The turbocharged model would generally see slightly lower figures due to its performance orientation.
  • 0-60 Times: Performance was not the 240's strong suit. With the base naturally aspirated engine, 0-60 MPH acceleration was typically in the 10-12 second range. The turbocharged model could achieve this in closer to 8-9 seconds, making it feel considerably quicker.
  • Towing Capacity: While not designed as a primary tow vehicle, the Volvo 240, particularly the wagon variants, possessed a respectable towing capacity. For light trailers or small recreational equipment, it could typically tow up to 2,000-3,000 lbs, provided it was properly equipped and driven with caution.
  • Trim-Level Features:
    DL (Deluxe): Typically featured a more basic interior, manual windows, and a less powerful engine. It was the entry-level offering, emphasizing core Volvo values.
    GL (Grand Luxe): Offered a more refined experience with features like power windows, air conditioning, upgraded upholstery, and often a more potent engine option, including the turbocharged variant. The GL also typically came with more standard comfort and convenience features.

1989 Volvo 240 Specifications

Vehicle Information
Year 1989
Make Volvo
Model 240
Trim -
Style 5-Speed Manual
Type Wagon
Category Compact Car
Manufacturing Details
Made In Sweden
Manufacturing City GOTHENBURG
Dimensions
Doors 4-Door
Curb Weight 3097 pounds
Gross Vehicle Weight Rating -
Overall Height 57.10 inches
Overall Length 190.70 inches
Overall Width 67.70 inches
Wheelbase Length 104.30 inches
Standard Seating 5
Engine & Performance
Engine 2.3L I4
Engine Size 2.3L
Engine Cylinders 4
Transmission 5-Speed Manual
Transmission Type Manual
Transmission Speeds 5-Speed
Drivetrain Rear-Wheel Drive
Additional Features
Anti-Brake System Non-ABS
Steering Type Rack & Pinion
Pricing
Manufacturer Suggested Retail Price (MSRP) $17,740
Invoice Price -
Delivery Charges -

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Analysis

What Problems Does the 1989 Volvo 240 Have?

The 1989 Volvo 240, like many vehicles of its era, has some commonly reported issues. One of the most prevalent concerns is related to the cooling system. Radiators can develop leaks over time, and heater cores are known to fail, leading to cabin heating issues. The fuel injection system, particularly the fuel pump and injectors, can also become problematic as components age, leading to rough idling, stalling, or difficulty starting.

Electrical issues are another frequent topic among 240 owners. This can range from faulty window regulators and door lock actuators to problems with the dashboard warning lights and the radio. The wiring harness itself can degrade over time, causing intermittent electrical faults. A specific component to watch for is the blower motor for the climate control system, which can fail, leaving you without cabin fan functionality.

Suspension components, such as ball joints, tie rod ends, and bushings, will wear out over time and may require replacement, especially on higher-mileage examples. This can manifest as clunking noises, imprecise steering, or a less stable ride.

While specific recalls for the 1989 model year are not as numerous as some other manufacturers, Volvo did issue recalls for various safety-related items over the 240's production run. It's crucial to check a vehicle's VIN to see if any outstanding recalls apply. For example, some older Volvos have had recalls related to fuel line connections or seat belt mechanisms.

Long-term reliability is generally very good if the car has been well-maintained. The robust nature of the engine and drivetrain is a hallmark of Volvo. However, neglect or lack of regular maintenance will exacerbate the aforementioned issues. The automatic transmission, while generally reliable, can be a weak point if not serviced properly, sometimes developing harsh shifting or failing to engage gears. Manual transmissions are typically more robust.

Model year specific issues for 1989 are not drastically different from adjacent years in the late 80s. The fundamental design and components remained largely consistent. However, as the car ages, the cumulative wear and tear on all systems become more pronounced, making a pre-purchase inspection by a mechanic familiar with Volvos highly recommended.

How long will the 1989 Volvo 240 last?

The 1989 Volvo 240 is renowned for its exceptional long-term durability. With consistent maintenance, it is not uncommon for these vehicles to reach well over 200,000 to 300,000 miles, and many have even surpassed 400,000 miles. The core mechanical components, especially the engine and drivetrain, are built to last. The chassis is also very robust and resistant to rust if properly cared for. Weaknesses that tend to emerge over time are primarily related to aging components such as rubber seals, bushings, and electrical connectors, which can lead to leaks, suspension noise, and intermittent electrical faults. However, these are often manageable with routine maintenance and timely repairs, allowing the 240 to provide reliable service for decades.

What Technology & Safety Features are Included?

The 1989 Volvo 240, reflecting its era, offers a rather utilitarian approach to technology and features. Built-in tech is minimal by modern standards. The entertainment system typically consisted of an AM/FM radio, often with a cassette player. Higher trims might have offered a slightly more premium speaker setup, but advanced audio systems were not a focus. There were no built-in navigation systems or complex infotainment screens.

Driver-assistance features were virtually non-existent in 1989. Features like cruise control were available on some models, and power steering was standard. ABS (Anti-lock Braking System) was an optional feature on certain 1989 models, offering a significant safety enhancement for braking performance. Traction control was not offered.

Safety was, and always has been, a Volvo strong suit, even in this period. The 240 is built with a robust, unibody construction featuring crumple zones designed to absorb impact energy. Standard safety features included three-point seatbelts with pretensioners (a significant innovation for its time), airbags were not standard on the 1989 model (they became optional later in the 240's life). Side-impact beams were integrated into the doors for enhanced protection. The strong pillar design also contributed to rollover protection.

Regarding crash-test ratings, specific data for the 1989 model year from organizations like the NHTSA or IIHS might be limited or not directly comparable to modern testing. However, historical testing and real-world performance consistently showed the Volvo 240 to be a very safe vehicle for its time, often outperforming many of its contemporaries in frontal and side impact protection due to its inherent structural integrity. Optional features were generally limited to enhancing comfort and convenience, such as power windows, power door locks, and sometimes a sunroof.

What Colors Options are Available?

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1989 Volvo 240 Prices and Market Value

When new, the 1989 Volvo 240 typically ranged from approximately $16,000 to $22,000, depending on the body style and trim level. As with most vehicles, the 240 experienced significant depreciation in its early years. However, its excellent reputation for longevity and build quality means that well-maintained examples have a remarkably slow depreciation curve in the long term, often appreciating slightly in recent years as a desirable classic. Factors affecting resale value include the vehicle's condition (rust, mechanical health), mileage, originality of parts, trim level (GL and turbocharged models generally command higher prices), and service history. Enthusiast interest and the increasing appreciation for these robust Swedish sedans and wagons also contribute to their sustained value.

1989 Volvo 240 Cost of Ownership

The 1989 Volvo 240 is generally considered economical to own. Insurance costs are typically low due to its age and safety profile. Fuel costs are moderate, with a 2.3L engine offering reasonable MPG for its class. Maintenance is straightforward and parts are widely available, keeping routine costs down. While some repairs can be costly if major components fail (like the transmission or engine rebuild), most common issues are manageable for DIYers or reasonably priced at independent shops. Overall, the 240 is an economical choice for long-term ownership, offering a great balance of durability and affordability.

1989 Volvo 240 Fuel Efficiency

Fuel Type Gasoline
Fuel Capacity 15.80 gallons
City Mileage 21 miles/gallon
Highway Mileage 27 miles/gallon

1989 Volvo 240 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

1989 Volvo 240 Insurance

Insurance for a 1989 Volvo 240 is moderately priced, reflecting its status as a Wagon with strong safety ratings and
reasonable repair costs.

How Does the 1989 Volvo 240 Compare to Other Wagon?

In its era, the 1989 Volvo 240 competed in the compact to mid-size sedan and wagon segment against vehicles like the Honda Accord, Toyota Camry, Ford Taurus, and Volkswagen Jetta.

Performance: The Volvo 240 was generally outpaced by most rivals. The Honda Accord and Toyota Camry of the late 80s offered more refined and peppy engines. The Ford Taurus also presented more modern powertrain options. Only the base models of some competitors might have been comparable in raw acceleration. The turbocharged Volvo was an exception, offering spirited performance.

Features: Competitors like the Honda Accord and Toyota Camry often offered more advanced features for the time, such as electronic fuel injection systems that were smoother, and in some cases, more sophisticated optional amenities. The Ford Taurus introduced more aerodynamic designs and often had a more contemporary interior.

Reliability: This is where the Volvo 240 truly shines and often surpasses many rivals. While Japanese competitors like Honda and Toyota are legendary for reliability, the Volvo 240's robust construction and simpler mechanicals meant it could endure significantly higher mileage with proper maintenance. The Ford Taurus, while popular, had a more mixed reputation for long-term reliability compared to the Volvo.

Price: The Volvo 240 was often priced slightly higher than its Japanese and domestic counterparts, reflecting its premium build quality and safety focus. However, its longevity often made it a more cost-effective choice over the entire ownership period.

Alternatives:
Similar: For those seeking similar durability and a no-nonsense approach, a well-maintained late 80s/early 90s Saab 900 offers a quirky alternative with a focus on safety and build. Older, well-kept Mercedes-Benz W123/W124 models also offer exceptional durability and build quality but at a higher purchase and maintenance cost.
Better (for specific criteria): If refined performance and modern features are paramount, a Honda Accord or Toyota Camry from the same era would be superior. For outright practicality and fuel efficiency, a Volkswagen Golf/Jetta might be considered, though their long-term durability might not match the Volvo without diligent care.

Final Verdict: Is the 1989 Volvo 240 a Good Wagon?

The 1989 Volvo 240 is ideal for buyers who prioritize robust build quality, exceptional longevity, and straightforward mechanicals over cutting-edge technology or exhilarating performance. It's perfect for the practical owner seeking a dependable workhorse, a first car with excellent safety credentials, or a classic vehicle with a strong community following. It is absolutely worth buying, particularly on the used market, as new examples are obviously unavailable. The key condition is finding a well-maintained example; a thorough pre-purchase inspection is crucial. Sedans and especially wagons are the most common and practical choices. Turbocharged GL trims offer more performance, while DL trims are more basic. For its intended purpose, a well-cared-for 240 remains an outstanding value proposition.

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Drew B

Drew is a seasoned automotive expert and contributor to VinCheck.info. With nearly 15 years of experience as a former Porsche technician, he brings a wealth of hands-on knowledge to his writing. Born in North Carolina, a region renowned for its deep-rooted NASCAR culture, Drew developed a passion for cars early in life, often building and working on vehicles from a young age. At VINCheck, Drew leverages his extensive technical background to provide in-depth analyses of various vehicles. His articles often focus on engine performance, reliability, and maintenance insights, offering readers practical information grounded in real-world experience. Some of his notable contributions include reviews on the Mazda CX-5's longevity and detailed examinations of engine options for models like the 2011 Toyota Camry and Tacoma