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1998 Volvo V70 Overview, Reviews, Ratings & Specs

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Cathleen V | October 11, 2025
The 1998 Volvo V70 is a mid-size station wagon, part of Volvo's P80 platform, which debuted in 1996. It succeeded the 850 and was produced until 2000 in its first generation. Key trims for 1998 included the base V70 and the sportier V70 R. Known for its exceptional safety, robust build quality, and comfortable interior, the V70 was a popular choice for families and those prioritizing practicality and peace of mind over outright sportiness. Its distinctive Scandinavian design also contributed to its appeal.
The Good

The 1998 Volvo V70 offers a compelling blend of robust reliability, unmatched comfort, and Scandinavian design. Its practical space and strong safety ratings appeal to the rational buyer, while its sturdy build and smooth ride offer an emotional sense of security and prestige.

The Bad

Potential buyers of the 1998 Volvo V70 should be aware of possible electrical gremlins, particularly with the dashboard and climate control systems. Transmission issues, especially on higher mileage examples, and the potential for oil leaks from the engine's front crank seal are also common concerns.

1998 Volvo V70: Quick Overview

  • Engine Options:
    • 2.4L Inline-5 Cylinder (Naturally Aspirated)
    • 2.4L Turbocharged Inline-5 Cylinder
    • 2.5L Turbocharged Inline-5 Cylinder (V70 R)
  • Horsepower:
    • 2.4L NA: Approximately 168 hp
    • 2.4L Turbo: Approximately 190 hp
    • 2.5L Turbo (V70 R): Approximately 237 hp
  • Fuel Economy (EPA Estimates, may vary):
    • 2.4L NA: Around 18 mpg city / 25 mpg highway
    • 2.4L Turbo: Around 17 mpg city / 24 mpg highway
    • 2.5L Turbo (V70 R): Around 15 mpg city / 22 mpg highway
  • 0-60 Times (Approximate):
    • 2.4L NA: 9.0 - 10.0 seconds
    • 2.4L Turbo: 7.5 - 8.5 seconds
    • 2.5L Turbo (V70 R): 6.5 - 7.5 seconds
  • Towing Capacity: While not a primary focus for the V70, it generally had a towing capacity of around 3,300 lbs when equipped with the proper towing package.
  • Trim-Level Features:
    • V70 (Base): Standard features included power windows, locks, mirrors, air conditioning, cruise control, anti-lock brakes (ABS), and dual front airbags. Optional features often included leather upholstery, heated seats, a sunroof, and upgraded audio systems.
    • V70 T5 (Turbo): Added the turbocharged engine for increased performance, often came with sportier suspension tuning, alloy wheels, and sometimes unique interior accents.
    • V70 R: The performance flagship, featuring a more powerful 2.5L turbo engine, sport-tuned suspension (often with adjustable settings), larger brakes, distinctive wheels, sport seats, and performance-oriented interior/exterior styling cues.

1998 Volvo V70 Specifications

Vehicle Information
Year 1998
Make Volvo
Model V70
Trim -
Style All-Wheel Drive
Type Wagon
Category Mid-Size Station Wagon
Manufacturing Details
Made In Sweden
Manufacturing City GHENT
Dimensions
Doors 4-Door
Curb Weight 3754 pounds
Gross Vehicle Weight Rating -
Overall Height 57.20 inches
Overall Length 185.90 inches
Overall Width 69.30 inches
Wheelbase Length 104.80 inches
Standard Seating 5
Engine & Performance
Engine 2.4-L L-5 DOHC 20V Turbo
Engine Size 2.4L
Engine Cylinders 5
Transmission 4-Speed Automatic
Transmission Type Automatic
Transmission Speeds 4-Speed
Drivetrain All-Wheel Drive
Additional Features
Anti-Brake System 4-Wheel ABS
Steering Type Rack & Pinion
Pricing
Manufacturer Suggested Retail Price (MSRP) $34,420
Invoice Price $31,720
Delivery Charges -

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Analysis

What Problems Does the 1998 Volvo V70 Have?

The 1998 Volvo V70, like many vehicles of its era, has a few common areas of concern that owners frequently report. One of the most prevalent issues revolves around the vehicle's electrical system. This can manifest in various ways, including malfunctioning dashboard instruments, intermittent power to accessories, and issues with the climate control system. The HVAC blower motor resistor is a common failure point, leading to non-functional fan speeds. Similarly, the ABS warning light can illuminate due to faulty wheel speed sensors or a failing ABS control module.

Another area that can require attention is the transmission, particularly the automatic transmission. While generally robust, some owners have experienced harsh shifting, slipping, or outright failure, especially on higher-mileage examples. Regular maintenance, including timely fluid changes, is crucial to prolonging its life.

Oil leaks are also a known issue. The front crankshaft seal is a common culprit, leading to oil seeping onto the timing belt, which necessitates replacement of both components. The rear main seal can also develop leaks.

Regarding recalls for the 1998 model year, a quick search of NHTSA's database reveals some potential recalls, though availability and completion status may vary. Common recall themes for Volvos of this period often included issues with airbag systems, potential fuel leaks, or minor safety-related component concerns. It is always advisable for potential buyers to verify any outstanding recalls for a specific VIN.

Long-term reliability can be good if the V70 has been meticulously maintained. The inline-5 engine is known for its durability, but neglect can lead to accelerated wear. The chassis is generally very solid, contributing to good structural integrity over time. However, the complexity of some of the onboard electronics can lead to frustrating and sometimes costly repairs if not addressed promptly by a mechanic familiar with Volvos.

How long will the 1998 Volvo V70 last?

With diligent maintenance, a 1998 Volvo V70 can comfortably reach and surpass 200,000 miles, with many owners reporting figures well over 250,000 miles. This speaks to the underlying durability of Volvo's engineering, particularly the robust inline-5 engine and solid chassis construction. However, long-term durability is heavily influenced by maintenance habits. Neglecting regular oil changes, timing belt replacements, and addressing minor issues promptly can lead to significantly shortened service life. Weaknesses that tend to emerge over time include the aforementioned electrical gremlins, potential transmission wear, and the need for suspension component replacements (shocks, bushings) due to age and mileage. Despite these potential age-related issues, the core mechanical components often prove resilient.

What Technology & Safety Features are Included?

The 1998 Volvo V70, while not a tech powerhouse by modern standards, offered a respectable suite of features for its time, prioritizing safety and comfort. Standard technology typically included a basic AM/FM radio with a cassette player, and an optional CD player was available. Power windows, power door locks, and cruise control were standard across most trims, enhancing convenience. Air conditioning was also a staple.

In terms of driver-assistance features, options were limited. Antilock Braking System (ABS) was a significant safety feature standard on most models, helping drivers maintain steering control during emergency braking. Traction control was sometimes available as an option on turbo models, providing added stability on slippery surfaces.

Safety was, and remains, a hallmark of Volvo. The 1998 V70 was built with Volvo's renowned focus on occupant protection. Standard safety equipment included dual front airbags and side-impact protection systems (SIPS). Many Volvos from this era also featured a robust safety cage design.

Optional features that enhanced the V70 experience often included leather upholstery, heated front seats for those chilly Scandinavian-inspired mornings, a power-operated sunroof, and premium sound system upgrades. Remote keyless entry was also a common optional convenience.

Crash-test ratings for the 1998 Volvo V70 are generally very strong, reflecting Volvo's commitment to safety. While specific NHTSA ratings for every possible scenario may not be readily available in detail for this exact model year in historical archives, Volvos of this generation consistently performed well in frontal and side-impact tests. The Insurance Institute for Highway Safety (IIHS) also typically awarded Volvos from this era with top marks, underscoring their excellent crashworthiness. The car's solid construction and well-engineered safety systems provided significant peace of mind.

What Colors Options are Available?

We’re working on this section!
In the meantime, feel free to explore the other sections for more content.

1998 Volvo V70 Prices and Market Value

When new, the 1998 Volvo V70 carried a Manufacturer's Suggested Retail Price (MSRP) that typically ranged from approximately $30,000 for the base model to well over $40,000 for the performance-oriented V70 R. Like most vehicles of its age, the V70 has undergone significant depreciation. Currently, used market prices for a 1998 Volvo V70 vary widely based on condition, mileage, and trim level, often falling between $2,000 and $7,000. Excellent condition, low-mileage examples, especially the V70 R, can command higher prices. Factors significantly affecting resale value include maintenance history, the presence of rust, the condition of the interior and exterior, and whether known common issues have been addressed. A well-maintained V70 with documented service records will always hold its value better than a neglected one.

1998 Volvo V70 Cost of Ownership

Owning a 1998 Volvo V70 can be moderately economical, especially concerning fuel if opting for the naturally aspirated engines, offering reasonable MPG. Insurance costs are generally average for a vehicle of its age and class. However, maintenance and repair costs can be a significant factor. While routine maintenance is comparable to other European cars, specialized Volvo parts and labor can be more expensive. Addressing common issues like electrical problems or transmission work can lead to substantial repair bills. Overall, it's not a budget vehicle to maintain, but its long-term durability can offset some costs if well-cared for.

1998 Volvo V70 Fuel Efficiency

Fuel Type Gasoline
Fuel Capacity 18.30 gallons
City Mileage 18 miles/gallon
Highway Mileage 24 miles/gallon

1998 Volvo V70 Safety Rating

NHTSA
Side Driver Rating Not Tested
Frontal Passenger Rating Not Tested
Rollover Rating Not Tested
Side Rear Passenger Rating Not Tested
Frontal Driver Rating Not Tested
IIHS
Moderate Overlap Front Test Results 4

1998 Volvo V70 Recalls & Defects

Exterior Lighting:turn Signal
Recall date 2000-12-06
Recall no. 00v405000
Source NHTSA
Summary Vehicle Description: Passenger Vehicles. There Could BE Inadequate Contact Between THE Bulb and Socket Which Could Cause THE Front Turn Signal NOT TO Function AS Designed.
Consequence This Would Fail TO Warn AN Approaching Driver That THE Vehicle IS Turning and Could Lead TO A Crash.
Remedy Dealers Will Replace THE Left and Right Front Turn Signal Bulb and Socket.
Notes Owner Notification Began March 19, 2001.owners WHO Take Their Vehicles TO AN Authorized Dealer ON AN Agreed Upon Service Date and DO NOT Receive THE Free Remedy Within A Reasonable Time Should Contact Volvo AT 1-800-283-0117. Also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-888-dash-2-dot (1-888-327-4236).
Exterior Lighting:headlights:switch
Recall date 1999-08-30
Recall no. 99v235000
Source NHTSA
Summary Vehicle Description: Passenger Vehicles. Operation OF THE Headlight Switch, Over AN Extended Period OF Time, CAN Result IN Inconsistent Operation OF THE Switch.
Consequence Driver's Could Experience A Loss OF Visibility, Increasing THE Risk OF A Crash.
Remedy Dealers Will Replace THE Headlight Switch.
Notes Owner Notification Began September 15, 1999. Owners WHO Take Their Vehicles TO AN Authorized Dealer ON AN Agreed Upon Service Date and DO NOT Receive THE Free Remedy Within A Reasonable Time Should Contact Volvo AT 1-800-458-1552.also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-888-dash-2-dot (1-888-327-4236).
AIR Bags:frontal
Recall date 1999-08-30
Recall no. 99v236000
Source NHTSA
Summary Vehicle Description: Passenger Vehicles. THE Frontal Passenger AIR BAG MAY BE Overly Sensitive TO Certain Electrostatic Discharge.
Consequence This Could Possibly Cause AN Inadvertent Deployment.
Remedy Dealers Will Install AN Additional Ground Wire IN THE Passenger Side TO Assure Sufficient Grounding.
Notes Owner Notification Began September 15, 1999.owners WHO Take Their Vehicles TO AN Authorized Dealer ON AN Agreed Upon Service Date and DO NOT Receive THE Free Remedy Within A Reasonable Time Should Contact Volvo AT 1-800-458-1552.also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-888-dash-2-dot (1-888-327-4236).
Engine and Engine Cooling:exhaust System:manifold/Header/Muffler/tail Pipe
Recall date 1998-10-14
Recall no. 98v254000
Source NHTSA
Summary Vehicle Description: Station Wagons Equipped With Third Seats. Users OF THE Third Seat, When Exiting THE Vehicle, CAN Come IN Contact With THE Tailpipe.
Consequence Contact With THE Tailpipe CAN Result IN Personal Injury.
Remedy Dealers Will Inspect THE Length OF THE Vehicle's Tailpipe And, IF Necessary, Repair THE Tailpipe.
Notes Owner Notification Began November 16, 1998. Owners WHO Take Their Vehicles TO AN Authorized Dealer ON AN Agreed Upon Service Date and DO NOT Receive THE Free Remedy Within A Reasonable Time Should Contact Volvo AT 1-800-458-1552.also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-888-dash-2-dot (1-888-327-4236).
Exterior Lighting:headlights:switch
Recall date 2004-10-21
Recall no. 04v504000
Source NHTSA
Summary ON Certain Passenger and Sport Utility Vehicles, Over AN Extended Period OF Time, THE Headlight Switch MAY Cease TO Function.
Consequence THE Head Lights MAY NOT Operate Properly Which Could Result IN Intermittent or NO Headlight Function. This Could Impair A Driver's Visibility, Increasing THE Risk OF A Crash.
Remedy ON Vehicles With AN Original OEM Switch, Dealers Will Replace THE Headlight Switch. All Other Vehicles Will BE Inspected TO Determine IF THE Switch HAS EEN Damaged and Replace Only IF Necessary. THE Recall Began ON January 24, 2005. Owners Should Contact Volvo AT 1-800-458-1552.
Notes Volvo Recall NO. 142.customers CAN Also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-888-Dash-2-dot (1-888-327-4236).

1998 Volvo V70 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

1998 Volvo V70 Insurance

Insurance for a 1998 Volvo V70 is moderately priced, reflecting its status as a Wagon with strong safety ratings and
reasonable repair costs.

How Does the 1998 Volvo V70 Compare to Other Wagon?

The 1998 Volvo V70 competed in the premium mid-size wagon segment against strong rivals such as the Audi A6 Avant, BMW 5 Series Touring, and Mercedes-Benz E-Class Wagon. In terms of performance, the V70 R offered competitive acceleration, particularly with its turbocharged engine, but base models were more focused on comfort. The Audi A6 and BMW 5 Series generally offered more engaging driving dynamics and sportier handling, appealing to performance-oriented buyers.

Feature-wise, the V70 was strong on safety and comfort, often exceeding its German rivals in standard safety equipment. However, the Audi and BMW often boasted more advanced infotainment and luxury features available.

Reliability is a mixed bag. While the Volvo's core engine and chassis are durable, electrical issues are more commonly reported than on some of their German counterparts, which also have their own complex electrical systems and potential for costly repairs. The Mercedes E-Class Wagon of this era is often praised for its supreme comfort and robust build but can also be very expensive to maintain.

Price-wise, the V70 often presented a compelling value proposition, especially compared to similarly equipped Audi, BMW, or Mercedes models when new, and continues to do so on the used market.

Similar Alternatives:
* Saab 9-5 Wagon: Offers a similar blend of quirky Scandinavian design, turbo performance (in Aero trims), and good safety ratings. Known for unique features and a comfortable ride.
* Subaru Outback: While not a direct luxury competitor, the Outback offers superior all-wheel-drive capability and robust practicality for those needing more off-road prowess and less emphasis on luxury.
* Audi A6 Avant (C5 generation): For those seeking a more refined interior and a more sophisticated driving experience, though often at a higher maintenance cost.

Potentially Better Alternatives (depending on priorities):
* If outright driving enjoyment is paramount, a BMW 5 Series Touring (E39) is a strong contender.
* For ultimate comfort and prestige, a Mercedes-Benz E-Class Wagon (W210) is hard to beat, though expect higher ownership costs.

Final Verdict: Is the 1998 Volvo V70 a Good Wagon?

The 1998 Volvo V70 is an ideal choice for practical buyers prioritizing safety, comfort, and ample cargo space over cutting-edge technology or sporty handling. It's particularly well-suited for families, individuals who need to haul gear, or anyone seeking a reliable used wagon with a reputation for durability. It is generally worth buying, especially in the used market, provided it has been well-maintained. Opting for a non-turbo model might offer better long-term reliability and lower repair costs, while the turbo models provide a significant performance boost. Thorough pre-purchase inspection by a Volvo-savvy mechanic is crucial to identify potential electrical or transmission issues. Buying a lower-mileage example with documented service history significantly increases its potential for long-term satisfaction.

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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.