by VIN, Year, Make, Model by License Plate

2001 Volvo V70 Overview, Reviews, Ratings & Specs

Rating: 4.52
Based on 34 Owner Reviews
Cathleen V | March 31, 2025
The 2001 Volvo V70 is a mid-size wagon, part of the second generation V70 (1997-2000 as V70, facelifted and continued as 2001-2007). Key trims included the base V70, V70 XC (later XC70), and the high-performance V70 T5. New, the price range was roughly $30,000-$40,000. Its blend of safety, practicality, and comfortable ride made it popular, appealing to families and those needing cargo space without sacrificing driving experience.
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 Sedan
Category Mid-Size Station Wagon
Manufacturing Details
Made In Sweden
Manufacturing City BORN
Dimensions
Doors 4-Door
Curb Weight 3699 pounds
Gross Vehicle Weight Rating -
Overall Height -
Overall Length -
Overall Width -
Wheelbase Length -
Standard Seating -
Engine & Performance
Engine B5244T3
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 -
Steering Type -
Pricing
Manufacturer Suggested Retail Price (MSRP) $32,450
Invoice Price $30,506
Delivery Charges $625

Vehicle History Report

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Analysis

What Problems Does the 2001 Volvo V70 Have?

Frequently reported problems for the 2001 Volvo V70 often revolve around the electronic throttle module (ETM), which can cause erratic idling and stalling. Replacing the ETM or having it software-reprogrammed is a common repair. Automatic transmissions, particularly those with higher mileage, are prone to slippage or failure; regular fluid changes are crucial. Mass airflow (MAF) sensor failures are also relatively common. Suspension components, such as struts and control arms, wear out over time, leading to handling issues and noise. Vacuum leaks, especially in older models, can cause performance problems.

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?

With proper maintenance, a 2001 Volvo V70 can easily exceed 250,000 miles or provide over 20 years of service. Many owners report reaching 300,000 miles or more. Longevity heavily depends on consistent maintenance, including regular oil changes, transmission servicing, and addressing issues promptly. Key weaknesses over time include the degradation of rubber components (hoses, bushings), electrical system failures due to aging wiring, and rust, especially in regions with harsh winters. While the engines are generally robust, neglecting maintenance will significantly shorten their lifespan.

What Technology & Safety Features are Included?

The 2001 Volvo V70 came standard with a decent set of safety features for its time, including anti-lock brakes (ABS), front and side airbags, and whiplash protection system (WHIPS) in the front seats. Driver-assistance features were minimal compared to modern vehicles, with no lane departure warning or blind-spot monitoring systems available.

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
Black Stone
Silver Sand Metallic
Nautical Blue Metallic
Dark Olive Pearl
Classic Red
Arctic White
Graphite Grey Metallic
Saffron Pearl
Interior Colors
Taupe
Graphite
Dark Beige

2001 Volvo V70 Prices and Market Value

When new, the 2001 Volvo V70 ranged from approximately $30,000 to $40,000, depending on the trim and options. Currently, used market prices vary widely based on condition, mileage, and location, typically ranging from $2,000 to $8,000.

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

Insurance costs for a 2001 Volvo V70 are generally moderate, reflecting its age and safety features. Fuel costs depend on driving habits and engine choice, but are reasonable for its class. Maintenance and repair costs can be higher than average due to the potential for specific Volvo parts and specialized labor. Long-term ownership costs depend heavily on the vehicle's condition and maintenance history. Neglected V70s can become costly due to deferred repairs, while well-maintained examples are reasonably economical to own.

2001 Volvo V70 Fuel Efficiency

Fuel Type Gasoline (Required)
Fuel Capacity 18.5 gallons
City Mileage 18 miles/gallon
Highway Mileage 25 miles/gallon

2001 Volvo V70 Safety Rating

NHTSA
Side Driver Rating
Frontal Passenger Rating
Rollover Rating
Side Rear Passenger Rating
Frontal Driver Rating
IIHS
Roof Strength Test Results Not Tested
Rear Crash Protection/Head Restraint Ratings Not Tested
Moderate Overlap Front Test Results Not Tested
Side Impact Test Results Not Tested

2001 Volvo V70 Recalls & Defects

Seat Belts:front:anchorage
Recall date 2001-03-26
Recall no. 01v100000
Source NHTSA
Summary Vehicle Description: Sedans and Wagons. THE Rear Outboard Seat Belt Anchorage Bolts MAY Have Been Incorrectly Tightened.
Consequence IN THE Event OF A Crash, THE Seat Occupant MAY NOT BE Properly Restrained, Increasing THE Risk OF Injury.
Remedy Dealers Will Inspect THE Anchorage Bolts and Tighten TO THE Correct Torque Level. Owner Notification Began MAY 7, 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 1-800-458-1552.
Notes Also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-888-Dash-2-dot (1-888-327-4236).
Seat Belts:front:anchorage
Recall date 2001-03-26
Recall no. 01v101000
Source NHTSA
Summary Vehicle Description: Wagons. THE Bolted Joint, Used FOR Attaching THE Bracket That IS Part OF THE Installation Hardware FOR THE Isofix-Type Child Restraint, MAY Have Been Incorrectly Tightened.
Consequence IN THE Event OF A Crash, THE Seat Occupant MAY NOT BE Properly Restrained, Increasing THE Risk OF Injury.
Remedy Dealers Will Inspect THE Anchorage Bolts and Tighten TO THE Correct Torque Level. Owner Notification Began MAY 7, 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 1-800-458-1552.
Notes Also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-888-Dash-2-dot (1-888-327-4236).
Vehicle Speed Control
Recall date 2006-11-15
Recall no. 06v441000
Source NHTSA
Summary ON Certain Passenger Vehicles, A Combination OF Throttle Positioning Sensor Irregularities, A Dirty Throttle Housing, And/Or Inefficient Software Calibration MAY Cause A Warning Lamp TO Light and THE Subsequent Onset OF Limp Home Modes.
Consequence This Resulted IN A High Number OF Vehicles Going Into THE Limp Home Mode Without Need.
Remedy Dealers Will Install THE Current Software Upgrade Onto THE Involved Vehicles. THE Recall Began ON December 29, 2006. Owners MAY Contact Volvo AT 1-800-458-1552.
Notes Volvo Recall NO. R155. Customers MAY Also Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Http://Www.safercar.gov.
Engine and Engine Cooling:cooling System:fan
Recall date 2004-09-13
Recall no. 04v451000
Source NHTSA
Summary ON Certain Passenger and Sport Utility Vehicles, Under Certain Operating Conditions, Some Electric Cooling Fans MAY Overheat Potentially Causing Heat Damage And, IN Rare Instances, A Fire IN THE Engine Compartment.
Consequence A Fire IN THE Engine Compartment Could Occur.
Remedy Dealers Will Replace THE Cooling Fan. THE Recall Began ON November 29, 2004. Customers Should Contact Volvo Cars AT 1-800-458-1552.
Notes Volvo Recall NO. 141.customers CAN Also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-888-Dash-2-dot (1-888-327-4236).
Service Brakes, Hydraulic:foundation Components:master Cylinder
Recall date 2007-03-29
Recall no. 07e023000
Source NHTSA
Summary Certain Cardone Master Cylinders With Part Numbers 10-2925, 10-2987, 10-2987mza, 10-3083, 11-3015, 11-3042, 11-3044, 11-3045, 11-3047, 11-3064, and 11-3156, and With Date Codes Lower Than Dca7078 Sold AS Replacement Equipment FOR USE ON THE Vehicles Listed Above. THE Seal ON Master Cylinder CAN Fail and Leak Brake Fluid.
Consequence Loss OF Brake Fluid CAN Result IN Poor Braking Performance, Possibly Resulting IN A Vehicle Crash.
Remedy Cardone Will Notify Owners and Offer TO Repurchase ANY Defective Master Cylinders. THE Recall Began During April 2007. Owners CAN Contact Cardone AT 1-800-777-4780.
Notes This Recall Only Pertains TO Aftermarket Cardone Master Cylinders and HAS NO Relation TO ANY Original Equipment Installed ON THE Vehicles Listed Above.customers MAY Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty: 1-800-424-9153); or GO TO Http://Www.safercar.gov.
Equipment:other:labels
Recall date 2003-08-01
Recall no. 03v284000
Source NHTSA
Summary Certain Passenger Cars Fail TO Comply With THE Requirements OF Federal Motor Vehicle Safety Standard NO. 225, "child Restraint Anchorage Systems." THE Second Isofix Guide WAS NOT Installed IN These Vehicles And, IN Certain Cases, THE Owner's Manual Isofix Information IS Incorrect.
Consequence This Does NOT Meet THE Requirements OF THE Standard.
Remedy Owners Will Receive A Letter/Package Consisting OF THE Second Isofix Guide With Installation Instructions, and IN Certain Cases, THE Corrected Owner's Manual MAY BE Provided. IF THE Owner Wants TO Take Their Vehicle TO A Volvo Dealer FOR Installation OF THE Guide, IT Will BE Performed AT NO Charge TO THE Owner. Owner Notification Began ON December 19, 2003. Owners Should Contact Volvo AT 1-800-458-1552.
Notes Volvo Recall NO. 124.customers CAN Also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-888-Dash-2-dot (1-888-327-4236).
Equipment:electrical:navigational System(Global Positioning System)
Recall date 2010-11-08
Recall no. 10v566000
Source NHTSA
Summary Volvo IS Recalling Certain Vehicles Equipped With Garmin 760 Portable Global Positioning System (Gps) Units Because THE Batteries ON Those Units MAY Overheat.
Consequence AN Overheated Battery Could Lead TO A Fire.
Remedy Volvo Advises Owners TO Please Stop Using THE Garmin Portable GPS Device Immediately, and Visit THE Garmin Website TO Determine IF Their Unit IS Affected. THE Unit's Battery Will BE Replaced With A NEW Battery and A Spacer Will BE Inserted ON Top OF THE Battery Next TO THE Pcb. This Service Will BE Performed Free OF Charge. THE Safety Recall Began ON November 18, 2010. Owners MAY Contact Garmin AT 866-957-1981 or Visit Garmin's Website AT Www.garmin.com/Nuvibatterypcbrecall.
Notes Volvo Safety Recall NO. R231.owners MAY Also Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO <A Href=http://Www.safercar.gov>http://www.safercar.gov</a> .
Fuel System, Gasoline:delivery:fuel Pump
Recall date 2009-12-18
Recall no. 09v483000
Source NHTSA
Summary Volvo IS Recalling Certain Model Year 2001-2005 S80, Model Year 2001-2004 V70, S60, Xc70 and Model Year 2003-2005 Xc90 Vehicles Sold IN or Registered IN THE States OF Alabama, Arizona, Arkansas, California, Florida, Georgia, Hawaii, Kentucky, Louisiana, Mississippi, Nevada, NEW Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Utah, Virginia and THE U.s. Territories. When Exposed TO Certain Environmental Conditions (Hot Climate and Temperature Cycling) Over Time and IN Combination With Varying Fuel Quality, THE Fuel Pump CAN Develop Cracks IN THE Fuel Pump Flange.
Consequence IF THE Condition Occurs Vehicle Owners MAY Notice Fuel Smell And/Or Fuel Leak Which, IN THE Presence OF AN Ignition Source, Could Result IN A Fire.
Remedy Dealers Will Inspect THE Fuel Pump Installed IN THE Vehicle, and IF Necessary Replace THE Fuel Pump With A Part OF A Modified Design. This Service Will BE Performed Free OF Charge. THE Safety Recall Began ON January 15, 2010. Owners MAY Contact Volvo AT 1-800-458-1552.
Notes Volvo Safety Recall NO. R220.owners MAY Also Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO <A Href=http://Www.safercar.gov>http://www.safercar.gov</a> .
AIR Bags:frontal
Recall date 2021-10-14
Recall no. 21v800000
Source NHTSA
Summary Volvo Cars Usa, LLC (Volvo Car) IS Recalling Certain 2001-2007 V70 and Xc70 Vehicles. THE Driver's AIR BAG Inflator MAY Explode During Deployment, DUE TO Propellant Degradation Occurring After Long-Term Exposure TO High Absolute Humidity, High Temperatures, and High Temperature Cycling.
Consequence AN Inflator Explosion MAY Result IN Sharp Metal Fragments Striking THE Driver or Other Occupants, Resulting IN Serious Injury or Death.
Remedy Dealers Will Replace THE Driver's AIR Bag, Free OF Charge. Owner Notification Letters Were Mailed December 14, 2021. Owners MAY Contact Volvo Car Customer Service AT 1-888-458-1552. Volvo Car's Number FOR This Recall IS R10136.
Notes Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.nhtsa.gov.
AIR Bags:frontal:driver Side:inflator Module
Recall date 2021-10-14
Recall no. 21v800000
Source NHTSA
Summary Volvo Cars Usa, LLC (Volvo Car) IS Recalling Certain 2001-2007 V70 and Xc70 Vehicles. THE Driver's AIR BAG Inflator MAY Explode During Deployment, DUE TO Propellant Degradation Occurring After Long-Term Exposure TO High Absolute Humidity, High Temperatures, and High Temperature Cycling.
Consequence AN Inflator Explosion MAY Result IN Sharp Metal Fragments Striking THE Driver or Other Occupants, Resulting IN Serious Injury or Death.
Remedy Dealers Will Replace THE Driver's AIR Bag, Free OF Charge. Owner Notification Letters Were Mailed December 14, 2021. Owners MAY Contact Volvo Car Customer Service AT 1-888-458-1552. Volvo Car's Number FOR This Recall IS R10136.
Notes Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.nhtsa.gov.

2001 Volvo V70 Insurance

Insurance for a 2001 Volvo V70 is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.

How Does the 2001 Volvo V70 Compare to Other Sedan?

Key rivals to the 2001 Volvo V70 included the Audi A4 Avant, BMW 3 Series Touring, and Subaru Outback. In terms of performance, the V70 T5 could compete with the Audi and BMW, while the base models were less sporty. The Outback offered all-wheel drive as standard, a feature only available on the V70 XC.

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

Final Verdict: Is the 2001 Volvo V70 a Good Sedan?

The 2001 Volvo V70 is ideal for budget-conscious buyers seeking a safe and practical wagon. It's worth buying *used* if you find a well-maintained example with a comprehensive service history. The T5 trim offers the best performance, while the XC (XC70) is suitable for those needing all-weather capability. Avoid neglected examples with high mileage and no service records. A pre-purchase inspection by a Volvo specialist is highly recommended to identify potential issues with the ETM, transmission, or suspension. Overall, a good-condition 2001 V70 can be a reliable and affordable hauler for years to come.

2001 Volvo V70 Owner Reviews

4.52
Consumer Rating, Based on 34 Consumer Reviews
Overall rating
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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.

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Alex on February 21, 2023

What a car

I 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.

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charliewheels on February 27, 2021

Had mine 10 years + still runs like a top

Dependable, 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!

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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.

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David McLaughlin on December 6, 2019

Second owner at 240,000

Looking 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.

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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!

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JohnDoe on January 30, 2019

Very reliable and comfortable commuter

I 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.

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Diegas on November 27, 2018

So useful

I 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!

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Nayito on April 24, 2018

It got a little damaged: oil leaking

Is 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.

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Jend on November 10, 2017

Volvo V70 needs work

Car 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. .

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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.