The 1986 Volvo 740 is a classic "brick" in automotive history, part of the 700 series launched in 1984. Available as a four-door sedan and a five-door station wagon, it offered various trims: DL, GL, GLE, and the performance-oriented Turbo. New pricing ranged from approximately $18,000 to $24,000+. It stood out for its legendary safety, boxy yet functional design, and robust engineering, making it a popular choice for families and those prioritizing durability.
The Good
The 1986 Volvo 740 offers exceptional long-term reliability thanks to its "Redblock" engine, spacious comfort, and iconic safe design. For practical buyers, it's a durable, affordable used car with decent efficiency. Emotionally, its classic, understated style and reputation as a "tank" evoke a sense of security and lasting quality.
The Bad
Key weaknesses for the 1986 Volvo 740 include problematic biodegradable wiring harnesses (especially for 1986-87), power steering leaks, common dashboard cracks due to sun exposure, and potential rust issues in salt-prone regions. Aging suspension components and A/C system failures are also frequently reported concerns.
1986 Volvo 740: Quick Overview
- Engine Options: The 1986 Volvo 740 typically featured two primary 2.3-liter (B230) inline-four cylinder engines:
- B230F: Naturally aspirated, fuel-injected engine.
- B230FT: Turbocharged and intercooled, fuel-injected engine.
- Horsepower:
- B230F: Approximately 114 horsepower.
- B230FT (Turbo): Around 160 horsepower.
- Fuel Economy: EPA estimates for a 1986 740 varied based on engine and transmission:
- Non-turbo: Roughly 19-23 MPG combined.
- Turbo: Typically 18-22 MPG combined, depending on driving style.
- 0-60 MPH Times:
- Non-turbo: Generally in the 10-12 second range.
- Turbo: Significantly quicker, achieving 0-60 MPH in approximately 8-9 seconds, making it quite brisk for its era.
- Towing Capacity: The 740 had a respectable towing capacity, often rated around 3,300 pounds (1,500 kg) with appropriate towing equipment and depending on local regulations.
- Trim-Level Features (1986):
- 740 DL: The base model, offering essential features like fabric upholstery, manual windows and door locks (though many were optioned up). It focused on robust simplicity and reliability.
- 740 GL: Stepped up from the DL, often including power windows and door locks, improved interior materials, and minor exterior enhancements.
- 740 GLE: The luxury trim, featuring more sophisticated amenities such as optional leather seating, automatic climate control, upgraded audio systems, cruise control, and all-power accessories.
- 740 Turbo: Focused on performance, this trim included the turbocharged and intercooled engine, a sport-tuned suspension, distinctive alloy wheels, and often full power features and optional leather, blending speed with Volvo's renowned safety and comfort. Transmission options across trims included a 4-speed automatic with overdrive or a 5-speed manual, though the automatic was far more common in the US market.
1986 Volvo 740 Specifications
Vehicle Information
| Year | 1986 |
| Make | Volvo |
| Model | 740 |
| Trim | - |
| Style | - |
| Type | Wagon |
| Category | Compact Car |
Manufacturing Details
| Made In | Sweden |
| Manufacturing City | GOTHENBURG |
Dimensions
| Doors | 4-Door |
| Curb Weight | - |
| Gross Vehicle Weight Rating | - |
| Overall Height | - |
| Overall Length | - |
| Overall Width | - |
| Wheelbase Length | - |
| Standard Seating | - |
Engine & Performance
| Engine | 2.3-L L-4 SOHC 8V Turbo |
| Engine Size | 2.3L |
| Engine Cylinders | 4 |
| Transmission | - |
| Transmission Type | - |
| Transmission Speeds | - |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | - |
| Steering Type | - |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | - |
| Invoice Price | - |
| Delivery Charges | - |
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What Problems Does the 1986 Volvo 740 Have?
The 1986 Volvo 740, while generally reliable, has several frequently reported problems and long-term reliability concerns, some of which are specific to early 700 series models. One of the most notorious issues, particularly for 1986-1987 models, is the degradation of the engine compartment wiring harness. Volvo used a biodegradable insulation material that would crumble over time, leading to various electrical maladies, including stalling, misfires, and component failures. This often necessitates a full harness replacement, which can be costly.
Other common problems include failures of the in-tank and main fuel pumps, or their associated relays, which can cause no-start conditions or fuel delivery issues. Power steering systems are also prone to leaks, often from hoses or the steering rack itself, requiring regular fluid top-offs or component replacement.
Aging interior plastics, especially the dashboard, are highly susceptible to cracking due to sun exposure, a widespread cosmetic concern. The air conditioning systems are known for compressor failures, evaporator leaks, and general loss of refrigerant, making them expensive to rejuvenate. Heater core leaks are another significant problem, leading to coolant in the passenger footwell and a labor-intensive repair.
Suspension components, such as bushings, ball joints, and control arms, wear out over decades of use, impacting ride quality and handling. Brake caliper sticking and master cylinder issues can also occur. While specific recalls for the 1986 740 might be harder to track through modern databases, older models did have various campaigns, such as those related to brake light switches or seatbelt buckles, which owners should check with the NHTSA or a Volvo specialist.
Overall, while the "Redblock" engine itself is robust, the surrounding systems, particularly electricals and rubber components, demand attention for long-term reliability.
Other common problems include failures of the in-tank and main fuel pumps, or their associated relays, which can cause no-start conditions or fuel delivery issues. Power steering systems are also prone to leaks, often from hoses or the steering rack itself, requiring regular fluid top-offs or component replacement.
Aging interior plastics, especially the dashboard, are highly susceptible to cracking due to sun exposure, a widespread cosmetic concern. The air conditioning systems are known for compressor failures, evaporator leaks, and general loss of refrigerant, making them expensive to rejuvenate. Heater core leaks are another significant problem, leading to coolant in the passenger footwell and a labor-intensive repair.
Suspension components, such as bushings, ball joints, and control arms, wear out over decades of use, impacting ride quality and handling. Brake caliper sticking and master cylinder issues can also occur. While specific recalls for the 1986 740 might be harder to track through modern databases, older models did have various campaigns, such as those related to brake light switches or seatbelt buckles, which owners should check with the NHTSA or a Volvo specialist.
Overall, while the "Redblock" engine itself is robust, the surrounding systems, particularly electricals and rubber components, demand attention for long-term reliability.
How long will the 1986 Volvo 740 last?
The 1986 Volvo 740 is renowned for its exceptional longevity, with many owners reporting average mileages well over 200,000 miles, and numerous examples exceeding 300,000 to even 400,000 miles with diligent maintenance. It's not uncommon to see these vehicles provide 20 to 30 years of service. This long-term durability is largely attributed to the robust "Redblock" engine and a fundamentally strong chassis.
However, weaknesses emerge over time. The infamous biodegradable wiring harness (especially on 1986-87 models) is a critical long-term issue, leading to various electrical faults. Rust can become a significant problem in areas exposed to road salt, particularly on fenders, rocker panels, and around the windshield. Suspension components, rubber bushings, and plastic interior parts naturally degrade with age and use, requiring eventual replacement to maintain comfort and safety. A well-maintained 740 is a marathon runner; a neglected one, particularly with wiring issues, can quickly become a costly project.
However, weaknesses emerge over time. The infamous biodegradable wiring harness (especially on 1986-87 models) is a critical long-term issue, leading to various electrical faults. Rust can become a significant problem in areas exposed to road salt, particularly on fenders, rocker panels, and around the windshield. Suspension components, rubber bushings, and plastic interior parts naturally degrade with age and use, requiring eventual replacement to maintain comfort and safety. A well-maintained 740 is a marathon runner; a neglected one, particularly with wiring issues, can quickly become a costly project.
What Technology & Safety Features are Included?
The 1986 Volvo 740, reflecting its era, featured technology that was foundational rather than cutting-edge by modern standards. Built-in tech was primarily functional: analog gauges for speed, RPM, fuel, and temperature, with some higher trims offering a basic trip computer displaying fuel consumption or estimated range. It lacked the digital interfaces and complex electronics common today.
For entertainment, the standard offering was an AM/FM cassette radio, often with optional upgrades like a graphic equalizer and improved speaker systems. CD players were not yet common or standard fitment. Driver-assistance features were minimal, focusing on core mechanical aids such as power steering and power-assisted brakes. Modern advanced driver-assistance systems (ADAS) like traction control, stability control, or airbags were not available or were just beginning to appear in very high-end luxury vehicles.
Safety, however, was where the 740 truly excelled and built upon Volvo's legendary reputation. While airbags were not yet standard (they appeared later in the 700 series), the 1986 740 incorporated a robust "safety cage" design with strong steel construction, energy-absorbing front and rear crumple zones, and heavy-duty side impact protection. It was one of the first cars to offer three-point seatbelts for all five occupants, a revolutionary feature at the time. Optional safety features included anti-lock braking system (ABS), particularly on Turbo and GLE trims, which provided a significant enhancement in emergency stopping control.
While specific modern crash-test ratings (like NHTSA's 5-star or IIHS "Good" ratings) do not exist for vehicles of this vintage, the Volvo 740 was widely regarded as one of the safest cars on the road in its time. Real-world accident data consistently demonstrated its superior occupant protection compared to many contemporaries, solidifying its "tank" reputation and appealing strongly to safety-conscious buyers.
For entertainment, the standard offering was an AM/FM cassette radio, often with optional upgrades like a graphic equalizer and improved speaker systems. CD players were not yet common or standard fitment. Driver-assistance features were minimal, focusing on core mechanical aids such as power steering and power-assisted brakes. Modern advanced driver-assistance systems (ADAS) like traction control, stability control, or airbags were not available or were just beginning to appear in very high-end luxury vehicles.
Safety, however, was where the 740 truly excelled and built upon Volvo's legendary reputation. While airbags were not yet standard (they appeared later in the 700 series), the 1986 740 incorporated a robust "safety cage" design with strong steel construction, energy-absorbing front and rear crumple zones, and heavy-duty side impact protection. It was one of the first cars to offer three-point seatbelts for all five occupants, a revolutionary feature at the time. Optional safety features included anti-lock braking system (ABS), particularly on Turbo and GLE trims, which provided a significant enhancement in emergency stopping control.
While specific modern crash-test ratings (like NHTSA's 5-star or IIHS "Good" ratings) do not exist for vehicles of this vintage, the Volvo 740 was widely regarded as one of the safest cars on the road in its time. Real-world accident data consistently demonstrated its superior occupant protection compared to many contemporaries, solidifying its "tank" reputation and appealing strongly to safety-conscious buyers.
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1986 Volvo 740 Prices and Market Value
When new in 1986, the Volvo 740 retailed for approximately $18,000 for a base DL sedan, stretching to over $24,000 for a well-equipped Turbo wagon. These prices positioned it as a premium European car, albeit often a more value-conscious alternative to its German rivals.
Today, current used market prices are significantly lower due to massive depreciation over decades. Most 1986 Volvo 740s can be found in the $1,000 to $5,000 range, depending heavily on condition, mileage, and trim. Pristine, low-mileage examples, especially Turbo models or wagons, might fetch slightly more from enthusiasts. Project cars can often be acquired for under $1,000. Factors affecting resale value include the notorious wiring harness condition, presence of rust, comprehensive maintenance records, the general cosmetic state of the interior and exterior, and whether it's a desirable Turbo or wagon variant. While overall depreciation has bottomed out, exceptional examples might see modest appreciation among collectors.
Today, current used market prices are significantly lower due to massive depreciation over decades. Most 1986 Volvo 740s can be found in the $1,000 to $5,000 range, depending heavily on condition, mileage, and trim. Pristine, low-mileage examples, especially Turbo models or wagons, might fetch slightly more from enthusiasts. Project cars can often be acquired for under $1,000. Factors affecting resale value include the notorious wiring harness condition, presence of rust, comprehensive maintenance records, the general cosmetic state of the interior and exterior, and whether it's a desirable Turbo or wagon variant. While overall depreciation has bottomed out, exceptional examples might see modest appreciation among collectors.
1986 Volvo 740 Cost of Ownership
Owning a 1986 Volvo 740 can be surprisingly economical if you're a DIY enthusiast or find a well-maintained example. Insurance costs are typically very low due to its age and modest market value. Fuel consumption is decent for its era but not modernly efficient; non-turbo models use regular gasoline, while turbos might benefit from premium. Maintenance is generally straightforward, with many parts still available and affordable, especially in the aftermarket. Repairs can be economical if you handle basic tasks yourself; however, major issues like wiring harness replacement or A/C system overhauls can be costly if professional labor is required. Overall, a healthy 740 is economical to own, but a neglected one can become a money pit.
1986 Volvo 740 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
-
City Mileage
-
Highway Mileage
-
1986 Volvo 740 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
1986 Volvo 740 Insurance
Insurance for a 1986 Volvo 740 is moderately priced, reflecting its status as a Wagon with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 1986 Volvo 740 Compare to Other Wagon?
The 1986 Volvo 740 competed in a segment with strong rivals, primarily from Germany, but carved its niche. Key competitors included the Mercedes-Benz W124 (e.g., 260E/300E), BMW E30 3-series, Audi 100/200, and the quirky Saab 900.
Performance: The base 740 (B230F) was less potent than many German rivals, often feeling somewhat sluggish. However, the 740 Turbo, with its 160 hp, offered competitive acceleration against base Mercedes W124s and some BMW E30s, though a BMW 3-series generally provided a sportier, more engaging driving experience due to its smaller size and emphasis on dynamics.
Features: The Volvo 740, especially in GLE and Turbo trims, offered a good array of luxury features for its time, including power amenities, climate control, and quality audio. Where it truly excelled was safety, often setting benchmarks with its robust "safety cage" and three-point seatbelts for all passengers – aspects where it arguably surpassed many rivals.
Reliability: The Volvo "Redblock" engine is legendary for its durability, rivalling the robust Mercedes W124 engines. However, the 740's Achilles' heel, the biodegradable wiring harness (1986-87), could pose significant long-term electrical reliability issues that Mercedes and BMW generally avoided to the same degree. The Saab 900 also had its own unique quirks and reliability points.
Price: New, the 740 often presented a more value-oriented proposition compared to the higher-priced Mercedes and BMW offerings, while still delivering a solid European experience.
Alternatives:
Performance: The base 740 (B230F) was less potent than many German rivals, often feeling somewhat sluggish. However, the 740 Turbo, with its 160 hp, offered competitive acceleration against base Mercedes W124s and some BMW E30s, though a BMW 3-series generally provided a sportier, more engaging driving experience due to its smaller size and emphasis on dynamics.
Features: The Volvo 740, especially in GLE and Turbo trims, offered a good array of luxury features for its time, including power amenities, climate control, and quality audio. Where it truly excelled was safety, often setting benchmarks with its robust "safety cage" and three-point seatbelts for all passengers – aspects where it arguably surpassed many rivals.
Reliability: The Volvo "Redblock" engine is legendary for its durability, rivalling the robust Mercedes W124 engines. However, the 740's Achilles' heel, the biodegradable wiring harness (1986-87), could pose significant long-term electrical reliability issues that Mercedes and BMW generally avoided to the same degree. The Saab 900 also had its own unique quirks and reliability points.
Price: New, the 740 often presented a more value-oriented proposition compared to the higher-priced Mercedes and BMW offerings, while still delivering a solid European experience.
Alternatives:
- Mercedes-Benz W124: More refined, better build quality (generally), superior ride comfort, but significantly more expensive new and potentially pricier to maintain today.
- BMW E30 3-series: Sportier, more engaging to drive, classic BMW handling, but typically smaller and less focused on outright safety and practicality than the 740.
- Saab 900: A unique, quirky alternative with front-wheel drive, strong turbo performance, and excellent ergonomics, appealing to those who wanted something different.
Final Verdict: Is the 1986 Volvo 740 a Good Wagon?
The 1986 Volvo 740 is ideal for enthusiasts, budget-conscious buyers seeking reliable transportation, and those who appreciate classic "tank-like" safety and simple, robust engineering. It's also a great fit for DIY mechanics, as many common repairs are straightforward.
Is it worth buying? Absolutely, but under specific conditions. You'll be buying used, of course, and the primary advice is to seek out a well-maintained example with documented service history. Pay particular attention to the condition of the engine wiring harness (crucial for 1986-87 models) and inspect thoroughly for rust. Turbo trims offer a more engaging driving experience and often command a slight premium. Wagons are highly practical and tend to hold their value a bit better. Avoid neglected examples unless you're prepared for a significant project. A good 740 represents excellent value as a dependable, safe, and characterful classic that can still serve as a daily driver.
Is it worth buying? Absolutely, but under specific conditions. You'll be buying used, of course, and the primary advice is to seek out a well-maintained example with documented service history. Pay particular attention to the condition of the engine wiring harness (crucial for 1986-87 models) and inspect thoroughly for rust. Turbo trims offer a more engaging driving experience and often command a slight premium. Wagons are highly practical and tend to hold their value a bit better. Avoid neglected examples unless you're prepared for a significant project. A good 740 represents excellent value as a dependable, safe, and characterful classic that can still serve as a daily driver.
Simon A
Simon is a contributor to VinCheck, where he provides articles and reviews on various automotive topics. His work focuses on delivering accurate and up-to-date information about used cars, helping readers make informed decisions.