The 1995 Volvo 940 is a stalwart of Swedish automotive engineering, representing the final iteration of Volvo's classic rear-wheel-drive sedan and wagon lineage. Produced from 1990 to 1998, this model year stands out in the 940 family. Key trims typically included the base 940 and the more luxurious 940 GLE or Turbo. Its popularity stems from its legendary durability, safety reputation, and straightforward, boxy design, offering exceptional value for those prioritizing longevity and practicality.
The Good
The 1995 Volvo 940 excels in reliability and robust build quality, offering a comfortable and secure ride. Its practical design appeals to those seeking longevity and safety, while its understated yet distinctive presence resonates with drivers who appreciate enduring value and a no-nonsense approach to motoring.
The Bad
Potential buyers should watch out for rust, especially around wheel arches and sills. Electrical gremlins, like malfunctioning power windows or climate control, can occur. Overheating due to radiator or hose issues is also a concern, and older transmissions may exhibit wear. Regular maintenance is key.
1995 Volvo 940: Quick Overview
- Engine Options: The 1995 Volvo 940 primarily featured the 2.3-liter B230 inline-four engine. This robust, naturally aspirated unit was the most common, with some models offering a turbocharged variant for increased performance. The engine was known for its durability and torquey nature.
- Horsepower: Naturally aspirated versions typically produced around 114-131 horsepower, depending on emissions equipment and specific tuning. The turbocharged models offered a more spirited performance, with horsepower ratings generally in the range of 165-182 horsepower.
- Fuel Economy: Fuel economy for the 1995 Volvo 940 was respectable for its era and size. Naturally aspirated models could achieve an EPA estimated 18-20 MPG in city driving and 23-26 MPG on the highway. Turbocharged versions would see slightly lower figures, perhaps around 17 MPG city and 22 MPG highway.
- 0-60 Times: Acceleration was not the 940's strong suit, especially in its naturally aspirated form. 0-60 MPH times typically ranged from 10 to 12 seconds for non-turbo models. Turbocharged variants could achieve this in the 8-9 second range, offering a more engaging driving experience.
- Towing Capacity: While not primarily designed for heavy towing, the 940's sturdy chassis and RWD platform allowed for modest towing. With proper equipment, it could typically tow up to 3,300 pounds (approx. 1,500 kg), suitable for small trailers or recreational equipment.
- Trim-Level Features:
- Base 940: Featured essential amenities such as power steering, power brakes, manual or automatic transmission, cloth upholstery, and a basic AM/FM stereo. Air conditioning was standard.
- 940 GLE/SE: Typically offered upgrades like alloy wheels, power windows and door locks, cruise control, upgraded interior trim, possibly leather seating, and a premium sound system. Some may have had a sunroof.
- 940 Turbo: Came with the turbocharged engine, often paired with sportier suspension tuning, unique badging, and the luxury features found in the GLE/SE trims, along with performance-oriented wheels.
1995 Volvo 940 Specifications
Vehicle Information
| Year | 1995 |
| Make | Volvo |
| Model | 940 |
| Trim | - |
| Style | - |
| Type | Wagon |
| Category | Mid-Size Car |
Manufacturing Details
| Made In | Sweden |
| Manufacturing City | HALIFAX |
Dimensions
| Doors | 4-Door |
| Curb Weight | 3272 pounds |
| Gross Vehicle Weight Rating | - |
| Overall Height | 56.50 inches |
| Overall Length | 189.30 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) | $24,660 |
| Invoice Price | - |
| Delivery Charges | - |
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What Problems Does the 1995 Volvo 940 Have?
The 1995 Volvo 940, while generally a robust vehicle, is not without its common issues as it ages. One of the most frequently reported problems revolves around the mass airflow sensor (MAF), which can become dirty or fail, leading to rough idling, poor acceleration, and stalling. Another concern is the oxygen sensor, which, if faulty, can impact fuel efficiency and emissions. The thermo time switch, crucial for cold starts, can also be a source of starting difficulties.
Electrical gremlins are also somewhat common in older Volvos. This can manifest as issues with power windows, central locking, the odometer, or even intermittent dashboard warning lights. The ABS system can sometimes present problems, with the ABS warning light illuminating and a loss of ABS functionality. The climate control system, particularly the blower motor resistor and the control module, is another area that can require attention.
Regarding the cooling system, owners sometimes encounter leaks from the radiator or heater core, and the thermostat can fail, leading to overheating. The transmission, whether manual or automatic, can develop issues with age, including worn clutches or solenoid problems, especially if maintenance has been neglected. On the 1995 model year specifically, while there aren't widespread, model-year-specific recalls that stand out compared to its siblings, owners should always check for any outstanding recalls with Volvo. Long-term reliability is generally excellent, provided regular and thorough maintenance is performed. The engine and drivetrain are very durable, but components like the timing belt (which needs regular replacement) and various seals can eventually wear out. Rust, particularly in certain climates, can affect the body panels, frame, and suspension components, which is a significant long-term concern if not addressed proactively.
Electrical gremlins are also somewhat common in older Volvos. This can manifest as issues with power windows, central locking, the odometer, or even intermittent dashboard warning lights. The ABS system can sometimes present problems, with the ABS warning light illuminating and a loss of ABS functionality. The climate control system, particularly the blower motor resistor and the control module, is another area that can require attention.
Regarding the cooling system, owners sometimes encounter leaks from the radiator or heater core, and the thermostat can fail, leading to overheating. The transmission, whether manual or automatic, can develop issues with age, including worn clutches or solenoid problems, especially if maintenance has been neglected. On the 1995 model year specifically, while there aren't widespread, model-year-specific recalls that stand out compared to its siblings, owners should always check for any outstanding recalls with Volvo. Long-term reliability is generally excellent, provided regular and thorough maintenance is performed. The engine and drivetrain are very durable, but components like the timing belt (which needs regular replacement) and various seals can eventually wear out. Rust, particularly in certain climates, can affect the body panels, frame, and suspension components, which is a significant long-term concern if not addressed proactively.
How long will the 1995 Volvo 940 last?
Based on owner data and anecdotal evidence, a well-maintained 1995 Volvo 940 can routinely surpass 200,000 miles, with many examples exceeding 300,000 miles and even reaching 400,000 miles. This remarkable longevity is a testament to their robust engineering.
Over time, the drivetrain and chassis prove exceptionally durable. Weaknesses that tend to emerge with high mileage include the aging of rubber components like hoses, seals, and bushings, which can lead to leaks or suspension issues. Electrical components, while generally reliable, can develop intermittent faults as insulation degrades. The transmission may require rebuilding at very high mileages. However, the fundamental mechanical integrity of the engine and body structure, if protected from severe rust, remains a strong point for extended service life.
Over time, the drivetrain and chassis prove exceptionally durable. Weaknesses that tend to emerge with high mileage include the aging of rubber components like hoses, seals, and bushings, which can lead to leaks or suspension issues. Electrical components, while generally reliable, can develop intermittent faults as insulation degrades. The transmission may require rebuilding at very high mileages. However, the fundamental mechanical integrity of the engine and body structure, if protected from severe rust, remains a strong point for extended service life.
What Technology & Safety Features are Included?
The 1995 Volvo 940 embodies a period where automotive technology was more focused on fundamental functionality and safety rather than advanced digital integration.
Safety Features: This is where the 940 truly shined. Volvo's commitment to safety was paramount. Standard safety features included anti-lock brakes (ABS), driver and passenger front airbags, crumple zones designed for impact absorption, and side-impact protection beams in the doors. The robust steel unibody construction and the distinctive A-pillar design were engineered to protect occupants. Volvo's reputation for safety was well-earned during this era.
Entertainment: The entertainment system was typical for the mid-1990s, usually consisting of an AM/FM stereo radio with a cassette player. Higher trim levels or optional packages might have included a CD player, which was a premium feature at the time, and potentially a more advanced speaker system. Connectivity options like Bluetooth or USB ports were non-existent.
Tech and Driver Assistance: Built-in technology was minimal by modern standards. Features like power windows, power door locks, cruise control, and air conditioning were common, especially on higher trims. Optional features could include a power sunroof and heated seats. Advanced driver-assistance systems (ADAS) such as lane departure warning, adaptive cruise control, or automatic emergency braking were not available. The focus was on driver control and mechanical feedback rather than electronic intervention.
Crash-Test Ratings: While specific NHTSA or IIHS ratings for the 1995 model year might be scarce in contemporary databases, Volvo's vehicles from this era consistently performed very well in crash tests conducted by regulatory bodies and independent safety organizations. The 940 was built to meet and exceed the safety standards of its time, reinforcing Volvo's reputation for producing exceptionally safe vehicles.
Safety Features: This is where the 940 truly shined. Volvo's commitment to safety was paramount. Standard safety features included anti-lock brakes (ABS), driver and passenger front airbags, crumple zones designed for impact absorption, and side-impact protection beams in the doors. The robust steel unibody construction and the distinctive A-pillar design were engineered to protect occupants. Volvo's reputation for safety was well-earned during this era.
Entertainment: The entertainment system was typical for the mid-1990s, usually consisting of an AM/FM stereo radio with a cassette player. Higher trim levels or optional packages might have included a CD player, which was a premium feature at the time, and potentially a more advanced speaker system. Connectivity options like Bluetooth or USB ports were non-existent.
Tech and Driver Assistance: Built-in technology was minimal by modern standards. Features like power windows, power door locks, cruise control, and air conditioning were common, especially on higher trims. Optional features could include a power sunroof and heated seats. Advanced driver-assistance systems (ADAS) such as lane departure warning, adaptive cruise control, or automatic emergency braking were not available. The focus was on driver control and mechanical feedback rather than electronic intervention.
Crash-Test Ratings: While specific NHTSA or IIHS ratings for the 1995 model year might be scarce in contemporary databases, Volvo's vehicles from this era consistently performed very well in crash tests conducted by regulatory bodies and independent safety organizations. The 940 was built to meet and exceed the safety standards of its time, reinforcing Volvo's reputation for producing exceptionally safe vehicles.
What Colors Options are Available?
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In the meantime, feel free to explore the other sections for more content.
1995 Volvo 940 Prices and Market Value
When new, the 1995 Volvo 940 typically ranged from approximately $23,000 to $30,000 depending on the trim level and options. As with most vehicles of its age, the 940 experienced significant depreciation in its early years.
Currently, the used market prices for a 1995 Volvo 940 vary widely, generally falling between $2,000 and $7,000 for models in good to excellent condition. Pristine, low-mileage examples, especially turbo models or wagons, can command higher prices. Factors affecting resale value include mileage, overall condition (mechanical and cosmetic), maintenance history, rust presence, and whether it's a sought-after trim like the Turbo. Well-maintained examples with extensive service records retain their value better than neglected ones, appealing to enthusiasts and those seeking a reliable older car.
Currently, the used market prices for a 1995 Volvo 940 vary widely, generally falling between $2,000 and $7,000 for models in good to excellent condition. Pristine, low-mileage examples, especially turbo models or wagons, can command higher prices. Factors affecting resale value include mileage, overall condition (mechanical and cosmetic), maintenance history, rust presence, and whether it's a sought-after trim like the Turbo. Well-maintained examples with extensive service records retain their value better than neglected ones, appealing to enthusiasts and those seeking a reliable older car.
1995 Volvo 940 Cost of Ownership
The 1995 Volvo 940 is generally economical to own. Insurance premiums are typically low due to its age and safety record. Fuel costs are moderate, with the naturally aspirated engine offering decent MPG. Maintenance costs are reasonable, as parts are widely available and often affordable, though specialized Volvo mechanics might charge slightly more. Repairs, when needed, tend to be straightforward on the mechanically simple platform. Long-term ownership costs are low compared to many modern vehicles, making it an economical choice for budget-conscious buyers who prioritize durability and practicality.
1995 Volvo 940 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
19.80 gallons
City Mileage
19 miles/gallon
Highway Mileage
26 miles/gallon
1995 Volvo 940 Safety Rating
NHTSA
IIHS
1995 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
1995 Volvo 940 Insurance
Insurance for a 1995 Volvo 940 is moderately priced, reflecting its status as a Wagon with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 1995 Volvo 940 Compare to Other Wagon?
The 1995 Volvo 940 competed in a segment populated by durable, family-oriented sedans and wagons. Its primary rivals included vehicles like the Toyota Camry, Honda Accord, Ford Taurus, and to some extent, luxury alternatives like the BMW 3 Series (though often more expensive and performance-oriented).
Performance: The 940 was not a performance leader. Its naturally aspirated engines offered adequate power for daily driving, while the turbo models provided a noticeable boost but still lagged behind sportier rivals like the BMW 3 Series. Toyota Camry and Honda Accord offered comparable or better acceleration and handling for their non-turbo variants.
Features: In terms of interior features, the 940 was fairly basic, especially compared to higher-trim levels of the Accord or Camry, which might have offered more advanced infotainment or convenience features. However, the Volvo's strength lay in its robust build quality and exceptional safety features, often surpassing its Japanese competitors in crashworthiness.
Reliability: This is where the 940 shone. While the Camry and Accord are legendary for their reliability, the Volvo 940 is often considered in the same league, especially for its mechanical durability and longevity when properly maintained. Its simpler, robust design often made it easier to repair and maintain over the very long term.
Price: The 940 was often priced competitively with or slightly above its Japanese rivals when new. On the used market, its prices are generally comparable to well-maintained Accords and Camrys of the same vintage, though scarcity and condition can drive prices up for desirable Volvos.
Alternatives:
For a more engaging driving experience with similar reliability, the BMW 3 Series (E36 generation) is a consideration, though it will likely be more expensive to maintain and purchase. For superior fuel economy and a more refined ride, the Honda Accord or Toyota Camry are excellent choices, often with a wider selection on the used market. If ultimate utility and robustness are paramount and a more utilitarian feel is acceptable, the Subaru Outback (later models) offers all-wheel drive and good durability. However, for a blend of ruggedness, safety, and enduring value, the 1995 Volvo 940 remains a compelling, albeit less exciting, option.
Performance: The 940 was not a performance leader. Its naturally aspirated engines offered adequate power for daily driving, while the turbo models provided a noticeable boost but still lagged behind sportier rivals like the BMW 3 Series. Toyota Camry and Honda Accord offered comparable or better acceleration and handling for their non-turbo variants.
Features: In terms of interior features, the 940 was fairly basic, especially compared to higher-trim levels of the Accord or Camry, which might have offered more advanced infotainment or convenience features. However, the Volvo's strength lay in its robust build quality and exceptional safety features, often surpassing its Japanese competitors in crashworthiness.
Reliability: This is where the 940 shone. While the Camry and Accord are legendary for their reliability, the Volvo 940 is often considered in the same league, especially for its mechanical durability and longevity when properly maintained. Its simpler, robust design often made it easier to repair and maintain over the very long term.
Price: The 940 was often priced competitively with or slightly above its Japanese rivals when new. On the used market, its prices are generally comparable to well-maintained Accords and Camrys of the same vintage, though scarcity and condition can drive prices up for desirable Volvos.
Alternatives:
For a more engaging driving experience with similar reliability, the BMW 3 Series (E36 generation) is a consideration, though it will likely be more expensive to maintain and purchase. For superior fuel economy and a more refined ride, the Honda Accord or Toyota Camry are excellent choices, often with a wider selection on the used market. If ultimate utility and robustness are paramount and a more utilitarian feel is acceptable, the Subaru Outback (later models) offers all-wheel drive and good durability. However, for a blend of ruggedness, safety, and enduring value, the 1995 Volvo 940 remains a compelling, albeit less exciting, option.
Final Verdict: Is the 1995 Volvo 940 a Good Wagon?
The 1995 Volvo 940 is ideally suited for practical-minded individuals or families who prioritize safety, durability, and long-term value over cutting-edge technology or thrilling performance. It's an excellent choice for budget-conscious buyers looking for a reliable vehicle that can serve for many years and miles with proper maintenance.
It is absolutely worth buying, particularly on the used market. The key condition for purchase is to find a well-maintained example. Thorough pre-purchase inspections are crucial, focusing on rust, the cooling system, and any electrical gremlins. Turbocharged models offer a more engaging drive and are desirable for enthusiasts, but non-turbo models are generally simpler and equally reliable. Wagons are especially popular for their practicality. Buying a used 940 in good condition represents fantastic value for money.
It is absolutely worth buying, particularly on the used market. The key condition for purchase is to find a well-maintained example. Thorough pre-purchase inspections are crucial, focusing on rust, the cooling system, and any electrical gremlins. Turbocharged models offer a more engaging drive and are desirable for enthusiasts, but non-turbo models are generally simpler and equally reliable. Wagons are especially popular for their practicality. Buying a used 940 in good condition represents fantastic value for money.
Jovan
Jovan specializes in interpreting vehicle records and making sense of VIN data. With over 10 years of experience in the automotive data industry, his work ensures that every report is clear, accurate, and useful for car buyers.