The Good
The 2001 Volvo V70 excels in safety and practicality, offering a spacious interior and comfortable ride. Reliable engines and a reputation for longevity appeal to practical buyers. Its distinctive Scandinavian design and the Volvo "heritage" evoke an emotional connection, while decent performance from turbocharged engines adds to the driving experience.
The Bad
Known weaknesses of the 2001 Volvo V70 include potential issues with the electronic throttle module (ETM), automatic transmission problems (especially with higher mileage), and failing mass airflow sensors. Suspension components and vacuum lines can also degrade over time. Regular maintenance is critical to avoid costly repairs.
2001 Volvo V70: Quick Overview
- Engine Options:
- 2.4L Inline-5 (naturally aspirated): Approximately 168 hp
- 2.4L Inline-5 (light pressure turbo): Approximately 197 hp
- 2.3L Inline-5 (high-pressure turbo - T5): Approximately 247 hp
- Horsepower: Ranges from 168 hp to 247 hp depending on the engine.
- Fuel Economy:
- 2.4L (naturally aspirated): Around 20 mpg city / 28 mpg highway
- 2.4L (light pressure turbo): Slightly lower than naturally aspirated
- 2.3L T5 (high pressure turbo): Around 19 mpg city / 26 mpg highway
- 0-60 Times:
- 2.4L (naturally aspirated): Approximately 9-10 seconds
- 2.3L T5 (high pressure turbo): Approximately 6.5-7 seconds
- Towing Capacity: Approximately 3,300 lbs (with trailer brakes)
- Trim-Level Features:
- Base V70: Standard safety features (ABS, airbags), power windows and locks, air conditioning, basic audio system.
- V70 XC (XC70): All-wheel drive, increased ground clearance, rugged exterior styling, heated front seats.
- V70 T5: High-performance turbocharged engine, sport-tuned suspension, upgraded interior trim, sport seats.
- Optional Features: Leather upholstery, sunroof, premium audio system, heated seats, navigation system (rare for this year).
2001 Volvo V70 Specifications
Vehicle Information
| Year | 2001 |
| Make | Volvo |
| Model | V70 |
| Trim | - |
| Style | 2.4-T |
| Type | Wagon |
| Category | Mid-Size Station Wagon |
Manufacturing Details
| Made In | Sweden |
| Manufacturing City | BORN |
Dimensions
| Doors | 4-Door |
| Curb Weight | 3369 pounds |
| Gross Vehicle Weight Rating | - |
| Overall Height | 58.70 inches |
| Overall Length | 185.40 inches |
| Overall Width | 71.00 inches |
| Wheelbase Length | 108.50 inches |
| Standard Seating | 5 |
Engine & Performance
| Engine | 2.4-L L-5 DOHC 20V Turbo |
| Engine Size | 2.4L |
| Engine Cylinders | 5 |
| Transmission | 5-Speed Automatic |
| Transmission Type | Automatic |
| Transmission Speeds | 5-Speed |
| Drivetrain | Front-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $32,450 |
| Invoice Price | $30,506 |
| Delivery Charges | $625 |
Vehicle History Report
Specifications
History
Events
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Listings
Recalls
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Analysis
What Problems Does the 2001 Volvo V70 Have?
Recalls for the 2001 V70 might include issues with the Supplemental Restraint System (SRS) or fuel system components. Owners should check the NHTSA website for specific recall information based on their VIN.
Long-term reliability concerns generally involve the degradation of rubber components and the aging of electrical systems. Proper maintenance, including timely oil changes and addressing minor issues promptly, is essential to maximizing the V70's lifespan. The quality of replacement parts can also significantly impact long-term reliability.
How long will the 2001 Volvo V70 last?
What Technology & Safety Features are Included?
Entertainment-wise, the standard audio system included a radio and cassette player, with a CD player available as an option. Higher trims might have included a premium sound system. Built-in tech was relatively basic; navigation systems were rare and typically aftermarket installations.
Optional features included leather upholstery, a sunroof, heated seats, and automatic climate control.
Crash-test ratings from the Insurance Institute for Highway Safety (IIHS) and the National Highway Traffic Safety Administration (NHTSA) were generally good for the 2001 V70. Volvo had a strong reputation for safety, and the V70 reflected that. It typically scored well in frontal and side-impact crash tests, providing occupants with a high level of protection for its era. Check IIHS and NHTSA archives for specific ratings.
What Colors Options are Available?
Exterior Colors
Interior Colors
2001 Volvo V70 Prices and Market Value
The V70 has depreciated significantly due to its age. Factors affecting resale value include overall condition (rust-free and well-maintained examples command higher prices), low mileage, documented service history, and the presence of desirable options like leather seats or a premium sound system. The T5 models generally hold their value slightly better due to their performance-oriented nature.
2001 Volvo V70 Cost of Ownership
2001 Volvo V70 Fuel Efficiency
2001 Volvo V70 Safety Rating
NHTSA
IIHS
2001 Volvo V70 Warranty
Basic
Powertrain
Rust
2001 Volvo V70 Insurance
reasonable repair costs.
How Does the 2001 Volvo V70 Compare to Other Wagon?
In terms of features, the European rivals often offered more luxurious amenities, while the V70 focused on safety and practicality. Reliability is a mixed bag; some argue the Volvo is more reliable than the German options, but less so than the Outback. Price-wise, used V70s are typically more affordable than comparable Audis or BMWs, but might be slightly more expensive than an Outback in similar condition.
Alternatives to consider include the Subaru Outback for its standard all-wheel drive and reliability, or the Acura TSX wagon (if available) for a blend of reliability and features. If performance is a priority, the BMW 3 Series Touring might be a better choice, but be prepared for potentially higher maintenance costs. For a balance of practicality and affordability, the V70 remains a solid option.
Ranks #81 Wagon
| 1 | 2015 Toyota Venza | (5.0★) |
| 2 | 2009 Honda Odyssey | (5.0★) |
| 3 | 2024 Subaru Impreza | (4.0★) |
| 4 | 2009 Mazda CX-7 | (4.0★) |
| 5 | 2023 Ford Transit Connect Wagon | (0.0★) |
| 6 | 2023 Audi A6 allroad | (0.0★) |
| 7 | 2021 Ram ProMaster City | (0.0★) |
| 8 | 2019 Volvo V60 | (5.0★) |
| 9 | 2015 Scion xB | (0.0★) |
| 10 | 2010 Volkswagen Passat | (5.0★) |
| 11 | 2008 Pontiac Vibe | (0.0★) |
| 12 | 2006 Land Rover Range Rover | (0.0★) |
| 81 | 2001 Volvo V70 | (5.0★) |
Final Verdict: Is the 2001 Volvo V70 a Good Wagon?
Tom on January 24, 2025
265,000 miles runs as strong as ever, nothing like it,265,000 miles runs as strong as ever, nothing like it, great highway gas mileage, what a car on 87 octane, easy to work on this car.
Alex on February 21, 2023
What a carI have a 2000 V70 2.4 with 200k kilometers and its just a brilliant car all round. Solid, reliable, comfy & the engine sound is incredible.
charliewheels on February 27, 2021
Had mine 10 years + still runs like a topDependable, useful for anything, good in the snow, front wheel drive, Can haul a lot in it or on it. Just use premium fuel (recommended) I have and it hardly uses any oil after 220000 miles!
Dan the man on April 17, 2020
Volvo: For life.A $900 pick-up, this is a great first or second car. This is my first Volvo and I’m very sold. At 19 years old this month, this car feels very modern and solid. Extremely reliable. Great quality build, safe, comfortable solid ride. Eats up and rides over potholes with typically no more than a “thud†here or there. Seats feel like cloudy pillows. Even as old as the engine and car is, keeps up with traffic and still looks great. Very versatile. Could put pretty much anything or anyone in it. Would drive this car to California and back in a heartbeat. No more expensive than you’re usual costs for a car, in my opinion, and a car that’s this solid I don’t see why you wouldn’t want to.
David McLaughlin on December 6, 2019
Second owner at 240,000Looking for dependable transportation this 2001 XC70 was well kept used option. Rural living offers this unit time to shine. Rough roads, ice covered hills, payload from store to home, efficient fuel usage. Set the cruise and ride on longer commutes. My occupation is truck driver and owner. I do expect a return from investment and so far the purchase 2001 XC 70 has been a good one leading me to think about a xc 90.
Boguespierre on August 14, 2019
We got such a great deal!This generation of Volvos last almost forever - our previous one was a 2003 which finally died at 280,000 miles, probably mainly because of a rear end shunt. My son has been hoping that we might find another, and we lucked out on a single-owner car that had 176,000 after 19 years on the road. In beautiful condition, and we picked it up for $2500. So good!
JohnDoe on January 30, 2019
Very reliable and comfortable commuterI put almost 160k miles on this Volvo V70 2.4, commuting daily, and taking on long trips. It was a super reliable car that never let me down. Main weaknesses were the engine (only 103kW), suspension (it's a heavy wagon that needs heavy-duty suspension parts), dual-mass flywheel, and a driver seat. Otherwise - do regular maintenance, and it will serve you years on. Highly recommended used car.
Diegas on November 27, 2018
So usefulI love driving this car, it's perfect fot what I need. I bought it to do my internship and it is way over what I expected. So glad I bought it!
Nayito on April 24, 2018
It got a little damaged: oil leakingIs a great Vehicle, but needs some engine work. I have to do an oil change, because it was leaking oil, from the day I purchased.
Jend on November 10, 2017
Volvo V70 needs workCar is good transportation needs work. Safe car. Got us to and from school for years. Cars like this are the first the get safety measures built I. Like side airbags and safe cage. .
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.