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1993 Volvo 240 Overview, Reviews, Ratings & Specs

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Drew B | November 8, 2025
The 1993 Volvo 240 is a compact executive car with a distinguished heritage, tracing its roots back to the legendary Volvo Amazon. Produced from 1974 to 1993, it became synonymous with safety and durability. Available as a sedan, station wagon, and a less common coupe, key trims often included the DL and GL. Its enduring popularity stems from its robust construction, utilitarian design, and reputation for longevity, making it a beloved, albeit boxy, classic.
The Good

The 1993 Volvo 240 excels in unwavering reliability and robust build quality, offering a reassuringly safe and comfortable ride. Its straightforward, functional design appeals to practicality, while its legendary durability evokes emotional security and enduring value for budget-conscious enthusiasts.

The Bad

Potential buyers should watch out for rust, particularly around wheel arches and the undercarriage. Aging rubber components like hoses and bushings can lead to leaks and decreased performance. Electrical gremlins, though not rampant, can sometimes be an issue with age, and the modest performance might disappoint those seeking spirited driving.

1993 Volvo 240: Quick Overview

  • Engine Options: The 1993 Volvo 240 primarily featured a 2.3-liter inline-four cylinder engine. This was available in both naturally aspirated and turbocharged variants.
  • Horsepower: Naturally aspirated versions typically produced around 114 horsepower, while the turbocharged models offered more grunt, often in the range of 162 horsepower.
  • Fuel Economy: Fuel economy was respectable for its era, with manual transmission models achieving approximately 20-22 MPG in the city and 26-28 MPG on the highway. Automatic transmissions would see slightly lower figures.
  • 0-60 Times: 0-60 MPH acceleration was not a strong suit. Naturally aspirated models could take around 11-13 seconds, while turbocharged versions could achieve it in roughly 9-10 seconds, depending on the specific configuration and condition.
  • Towing Capacity: The Volvo 240 was not designed with significant towing in mind. Its towing capacity would be minimal and generally not recommended for anything beyond light trailers.
  • Trim-Level Features:
    DL: Typically represented the base model, offering essential features like power steering, intermittent wipers, and an AM/FM radio.
    GL: The more upmarket trim, often included features such as power windows, power door locks, upgraded interior trim, a more premium sound system, and sometimes a sunroof.
    Station Wagon Models: Often came with a rear-facing third-row seat, adding to their practicality and family-oriented appeal. Cargo management features like tie-down points and optional roof racks were also common.

1993 Volvo 240 Specifications

Vehicle Information
Year 1993
Make Volvo
Model 240
Trim -
Style 5-Speed Manual
Type Wagon
Category Compact Car
Manufacturing Details
Made In Sweden
Manufacturing City TORSLANDA
Dimensions
Doors 4-Door
Curb Weight 3102 pounds
Gross Vehicle Weight Rating -
Overall Height 57.50 inches
Overall Length 190.70 inches
Overall Width 67.70 inches
Wheelbase Length 104.30 inches
Standard Seating 5
Engine & Performance
Engine 2.3-L L-4 SOHC 8V
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 4-Wheel ABS
Steering Type Rack & Pinion
Pricing
Manufacturer Suggested Retail Price (MSRP) $23,720
Invoice Price -
Delivery Charges -

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Analysis

What Problems Does the 1993 Volvo 240 Have?

The 1993 Volvo 240 is renowned for its exceptional long-term reliability, making major mechanical failures uncommon with proper maintenance. However, like any vehicle of this age, certain issues do arise. Rust is perhaps the most prevalent concern, especially in areas with harsh winters. Areas to inspect include the rocker panels, wheel arches, floor pans, and the area around the battery tray.

Cooling system components, such as hoses and the radiator, can degrade over time, leading to overheating. Similarly, the fuel injection system, while generally robust, can experience issues with fuel pumps, injectors, or the airflow meter. Aging rubber components in the suspension, like control arm bushings and ball joints, can wear out, leading to clunks and poor handling. The aging electrical system is another area where minor issues can crop up, such as intermittent electrical gremlins affecting lights, wipers, or power accessories. The automatic transmission, particularly the AW70/71 series, can develop issues with shifting or torque converter clutch engagement if not serviced regularly.

While there weren't widespread catastrophic recalls for the 1993 model year specifically, older Volvos, in general, have had recalls pertaining to various components over their production life, though most significant issues would have been addressed by now. The key to long-term reliability for a 1993 Volvo 240 lies in consistent maintenance, particularly oil changes and coolant flushes, and addressing minor issues before they escalate. The inherent strength of its mechanical design means that most problems are repairable and parts are generally available.

How long will the 1993 Volvo 240 last?

Based on owner data and anecdotal evidence, a well-maintained 1993 Volvo 240 can easily surpass 200,000 miles, with many examples exceeding 300,000 miles. Owners who adhere to regular maintenance schedules, including timely oil changes, fluid flushes, and preventative replacements of wear items, report incredible longevity. The core engineering of the 240 series is exceptionally durable, with robust engine and drivetrain components. The primary weaknesses that emerge over time are typically related to aging rubber parts (hoses, bushings, seals) and susceptibility to rust in corrosive environments. Electrical components can also become finicky with extreme age and mileage. However, the vehicle's fundamental strength and straightforward mechanics contribute to its impressive lifespan and continued serviceability for decades.

What Technology & Safety Features are Included?

The 1993 Volvo 240, while a product of its time, prioritized safety and essential functionality over advanced technology.

Entertainment: Standard features typically included an AM/FM radio, often with a cassette player. Higher trims or optional upgrades could include a more sophisticated stereo system with additional speakers. The focus was on straightforward audio delivery rather than a comprehensive infotainment experience.

Driver-Assistance Features: Driver-assistance features were rudimentary by modern standards. Power steering was standard, enhancing maneuverability. Anti-lock brakes (ABS) were available as an option on many models, significantly improving braking control, especially in emergencies. Cruise control was also an option for highway driving.

Safety Features: This is where the Volvo 240 truly shone. Its legendary safety reputation was built on a foundation of robust construction. Standard safety equipment included three-point seat belts (both front and rear), reinforced side-impact door beams, a collapsible steering column, and a strong unibody structure. The tall greenhouse offered excellent visibility. Head restraints were also standard. Optional safety features could include fog lights.

Crash-Test Ratings: While formal crash-test ratings as we know them today (like those from the NHTSA or IIHS) were less standardized and publicly available in 1993, the Volvo 240 consistently performed well in independent and internal safety tests of the era. Its design was inherently crash-absorbent, with a strong passenger cell. Volvo's commitment to safety was a defining characteristic, and the 240 was a prime example of this philosophy in practice, making it a very safe car for its time.

What Colors Options are Available?

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1993 Volvo 240 Prices and Market Value

In 1993, the Volvo 240 typically retailed between $18,000 and $23,000, depending on the body style and trim level. As a new car, it represented a solid investment in safety and longevity, positioned as a premium, albeit utilitarian, choice.

Today, the used market for a 1993 Volvo 240 varies significantly. Well-maintained, low-mileage examples can fetch anywhere from $4,000 to $8,000 or even more for exceptional collector-quality cars, especially desirable station wagon variants. More common examples in good driving condition with average mileage typically range from $2,000 to $4,000.

The 240 has largely bypassed the steep depreciation curve of many other vehicles of its era. Its resale value is positively influenced by its reputation for extreme durability, simple mechanics, and a growing cult following among enthusiasts who appreciate its classic design and bulletproof build. Conversely, rust, poor maintenance history, and high mileage will significantly depress its value.

1993 Volvo 240 Cost of Ownership

The 1993 Volvo 240 is remarkably economical to own. Insurance costs are typically low due to its age and safety record. Fuel economy, while not class-leading, is reasonable for its size and era, making it affordable for daily driving. Maintenance is straightforward and parts are generally affordable and readily available, especially from independent Volvo specialists. While major repairs can occur with any aging vehicle, the 240's robust engineering means fewer catastrophic failures. Overall, its long-term ownership costs are very low, making it an economical choice for those seeking reliable transportation without breaking the bank.

1993 Volvo 240 Fuel Efficiency

Fuel Type Gasoline
Fuel Capacity 15.80 gallons
City Mileage 20 miles/gallon
Highway Mileage 25 miles/gallon

1993 Volvo 240 Safety Rating

NHTSA
Side Driver Rating Not Tested
Frontal Passenger Rating
Rollover Rating Not Tested
Side Rear Passenger Rating Not Tested
Frontal Driver Rating
IIHS
Moderate Overlap Front Test Results Not Tested

1993 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

1993 Volvo 240 Insurance

Insurance for a 1993 Volvo 240 is moderately priced, reflecting its status as a Wagon with strong safety ratings and
reasonable repair costs.

How Does the 1993 Volvo 240 Compare to Other Wagon?

In its segment, the 1993 Volvo 240 competed with vehicles like the BMW 3 Series (E30/E36 generation), Mercedes-Benz 190E, and Audi 80/90.

Performance: The Volvo 240 was generally outmatched by its German rivals. BMWs offered more engaging handling and potent engine options. Mercedes-Benz provided a more refined driving experience. The Volvo's performance was characterized by steady, predictable acceleration rather than sportiness, especially in non-turbocharged variants.

Features: While competitors might have offered more sophisticated options (e.g., advanced climate control, more electronic features), the Volvo 240 focused on essential comfort and safety. Its key advantage was the available, exceptionally practical station wagon body style with its cavernous cargo space and optional rear-facing seat, a feature often lacking or less practical in rivals.

Reliability: This is where the Volvo 240 often surpassed its rivals. While German luxury cars are known for quality, the Volvo 240's reputation for bulletproof durability and simpler mechanicals often made it more reliable and less expensive to maintain in the long run, especially for DIY mechanics. Its simple design meant fewer complex systems to fail.

Price: When new, the Volvo 240 was typically priced competitively, often slightly lower than comparable BMWs and Mercedes-Benz models, offering a strong value proposition for its safety and longevity. On the used market, the 240 generally holds its value exceptionally well due to its legendary build quality, often commanding prices comparable to or even higher than less reliable but more premium-badged alternatives, especially in good condition.

Alternatives: If seeking a similar blend of practicality and durability, a well-maintained 1990s Toyota Camry Wagon or Honda Accord Wagon could be considered, though they often lack the Volvo's robust build and safety focus. For those prioritizing performance and refinement over ultimate durability, a used BMW 3 Series (E36) or Mercedes-Benz C-Class (W202) might be tempting, but expect higher maintenance costs. However, for sheer ruggedness and longevity at a reasonable price, the Volvo 240 remains a compelling choice and often superior to many in its class.

Final Verdict: Is the 1993 Volvo 240 a Good Wagon?

The 1993 Volvo 240 is ideal for pragmatic buyers who prioritize safety, reliability, and long-term value over performance or cutting-edge technology. It's an excellent choice for students, first-time car owners, families needing a dependable wagon, or anyone seeking an economical daily driver with a strong safety pedigree.

It is absolutely worth buying, especially on the used market. New examples are obviously unavailable. When purchasing used, focus on well-maintained examples. Station wagon trims are particularly sought after for their practicality. Look for cars with complete maintenance records, minimal rust, and evidence of regular servicing. Turbocharged models offer a modest performance boost but might have higher maintenance demands. For the price, its combination of durability and safety is hard to beat, making it a smart, albeit unfashionable, investment in reliable transportation.

1993 Volvo 240 Owner Reviews

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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