Volvo 164 (1968-75)

Overview: The **Volvo 164 (1968–1975)** was a landmark model for Volvo, marking the brand’s **first true entry into the luxury saloon market**. It was developed as an upscale version of the **140 Series**, featuring a **longer front end** to accommodate its **3.0L inline-six engine**, which was Volvo’s first six-cylinder offering in nearly two decades.

The **164’s design** was heavily influenced by the **Volvo P358 concept**, incorporating a **distinctive grille** that set it apart from other Volvo models. Inside, it featured **premium materials**, including **leather upholstery, wool seats, and a fold-down rear armrest**, reinforcing its **luxury positioning**. Later models introduced **fuel injection**, improving performance and efficiency.

Volvo marketed the **164 as a competitor to luxury brands** like **Mercedes-Benz and Jaguar**, emphasizing its **prestige and comfort**. It was particularly popular in the **U.S. market**, where buyers appreciated its **blend of Scandinavian elegance and reliability**. The **164’s success paved the way for future Volvo luxury models**, including the **264 and modern S90**.

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COMMON FAULTS 

Please Note: Common Faults in Regularly Used Vehicles vs. Low-Mileage Stored Vehicles that have been used consistently over many years, accumulating approximately 10,000–12,000 miles annually, are more prone to common faults due to regular wear and tear. These issues typically arise from the natural aging of components subjected to frequent use, such as engine parts, suspension systems, brakes, and tires. In contrast, vehicles with low mileage that have been stored or preserved are likely to experience different types of issues. These vehicles are often better maintained to ensure their longevity and may avoid some of the typical wear-and-tear problems seen in regularly driven cars. However, they can still face unique challenges such as degradation of rubber seals, corrosion from prolonged inactivity, or fuel system issues caused by old or stagnant fuel.

The Volvo 164, while a robust and reliable car, did have some common faults that owners might encounter: 

1. **Fuel Injection Issues**: For models with fuel injection, fuel not getting through was a common problem. This was often caused by the fuel pump fuse becoming corroded. 

2. **Power Steering**: Early models without power steering could be quite challenging to maneuver, especially in tight spaces. 

3. **Rust**: Like many cars from that era, rust could be an issue, particularly in the wheel arches and underbody. 

4. **Electrical Problems**: Some owners reported issues with the electrical system, including problems with the alternator and wiring. Despite these faults, the Volvo 164 was known for its smooth six-cylinder power and comfortable ride. 

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Generations/Trim Levels 

Please Note: Generations and Trim Levels Across Countries Generations and trim levels of vehicles often vary between countries as manufacturers tailor models to meet the preferences and requirements of specific markets. For example, a trim level designated as “GL” in the UK might be labelled as “XS” in another country. Due to these regional differences, the information provided on this site pertains exclusively to UK-specific products. 

The Volvo 164 was produced in a single generation from 1968 to 1975. During its production run, it underwent several updates and facelifts, but it remained within the same generation. ** 

Trim Levels The Volvo 164, produced between 1968 and 1975, had several trim levels and variations over its production run: 

1. **Base Model**: Initially, the 164 came with a 3.0-litre, in-line, 6-cylinder engine with two carburettors. 

2. **Fuel Injection Models**: In 1972, Volvo introduced fuel injection with the B30E (high compression) and B30F (low compression) engines. 

3. **TE Model**: The top-of-the-range TE model featured leather seats, air conditioning, and power steering. These trim levels offered a range of features and performance options, catering to different preferences and needs. 

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Designer/Dimensions: The **Volvo 164** was designed by **Jan Wilsgaard**, Volvo’s chief designer at the time. It was introduced in **1968** as a luxury version of the **140 series**, featuring a longer front end to accommodate a **3.0L inline-six engine**.

**Dimensions of the Volvo 164**

- **Wheelbase**: **2,700 mm (106.3 in)**

- **Length**: **4,714 mm (185.6 in)**

- **Width**: **1,730 mm (68.1 in)**

- **Height**: **1,440 mm (56.7 in)**

- **Curb Weight**: **1,451 kg (3,199 lb)**

The **164** was Volvo’s first **six-cylinder luxury sedan** since the **PV60**, and it competed with models like the **BMW E3, Mercedes-Benz 250, and Jaguar XJ6**. 

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Where Manufactured

The **Volvo 164 (1968-75)** was manufactured in several locations worldwide, including:

- **Sweden**: Torslanda (Torslandaverken) and Kalmar (VKA).

- **Australia**: Melbourne, Victoria (Motor Producers Ltd).

- **South Africa**: Durban.

- **Malaysia**: Shah Alam (SMA).

This model was Volvo’s first **six-cylinder luxury sedan** since the 1950s and was produced in **146,008 units** before being succeeded by the **Volvo 264**. Let me know if you’d like more details on its production or market reception!

Production Total: 146,008 

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Price New: In 1968, the new price of a Volvo 164 in the UK was approximately **£2,000**. The new price of a Volvo 164 in 1968 was approximately **£1,500**. Adjusted for inflation to 2025, this would roughly equate to **£25,000**. 

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Sales: The **Volvo 164**, produced between **1968 and 1975**, was Volvo’s **first luxury sedan** since the **PV60** and marked the company’s entry into the **executive car market**. It was based on the **140 series** but featured a **longer front end** to accommodate a **3.0L inline-six engine**, offering a more refined driving experience. 

**Sales & Market Performance**

- **Total Production**: Around **146,008 units** were built, though some sources suggest **153,179**.

- **Luxury Appeal**: The **164** was Volvo’s answer to the **BMW E3, Mercedes-Benz 250, and Jaguar XJ6**, competing in the **premium segment**.

- **Market Success**: While it wasn’t a **mass-market bestseller**, it helped Volvo **establish credibility in the luxury car space**, paving the way for the **264 series**.

- **Longevity**: The **164** remained popular among enthusiasts and collectors, with well-preserved examples still sought after today.

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Highest Sales Figures by Country

The **Volvo 164 (1968-75)** had its highest sales figures in the following countries:

- **Sweden** – Volvo’s home market, where the 164 was a premium choice.

- **United States** – A key export market, with strong demand for luxury European sedans.

- **United Kingdom** – Volvo had a solid presence, appealing to buyers looking for reliability and comfort.

- **Germany** – Another major European market with a strong appetite for Volvo’s durable executive cars.

- **Australia** – Locally assembled in Melbourne, making it a popular choice.

You can explore more details on Volvo 164 production statistics [here](https://www.volvoclub.org.uk/history/164_stats_search.shtml). 

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Historical Pricing Comparisons

The **Volvo 164 (1968-75)** has seen varied pricing trends over the years. Here are some key insights:

- **Lowest Recorded Price**: £850

- **Median Price**: £3,403

- **Highest Recorded Price**: £9,354

- **Sell-Through Rate**: 67%

You can explore more details on historical pricing trends at [The Classic Valuer](https://www.theclassicvaluer.com/cars/volvo/164) and valuation insights at [Hagerty](https://www.hagerty.com/valuation-tools/volvo/164). 

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Most Favoured Colour

The most popular colors for the **Volvo 164 (1968-75)** included **Cascade White (042), Dark Blue (096), and Red (046)**. These shades were commonly chosen by buyers, reflecting the era’s preference for classic and elegant tones.

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Main Rivals (Price): In 1968, the main rivals of the Volvo 164 and their approximate prices in the UK were: 

BMW 1602 - **Price**: Around £1,300 

Ford Cortina Mk2 - **Price**: Around £900 

Vauxhall Victor FD - **Price**: Around £1,000 

These prices reflect the competitive landscape of the compact executive car segment during that time. 

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Main Rivals (Performance)

In 1968, the main rivals of the Volvo 164 included the BMW 1602, Ford Cortina Mk2, and Vauxhall Victor FD. Here's a brief overview of their performance: 

• BMW 1602 - **Engine**: 1.6L inline-4 - **Power**: 83 bhp - **Top Speed**: 99 mph - **0-60 mph**: Around 13 seconds

• Ford Cortina Mk2 - **Engine**: 1.6L inline-4 - **Power**: 92 bhp - **Top Speed**: 95 mph - **0-60 mph**: Around 11 seconds 

• Vauxhall Victor FD - **Engine**: 1.8L inline-4 - **Power**: 77 bhp - **Top Speed**: 92 mph - **0-60 mph**: Around 15.9 seconds 

These performance figures made the Volvo 164 competitive in its segment during that time. 

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Engine/s 

The Volvo 164, produced between 1968 and 1975, was powered by a single engine type throughout its production run: - **B30 Engine**: This was a 3.0-litre, in-line, 6-cylinder engine. It was an overhead-valve engine and a 6-cylinder derivative of the B20 4-cylinder engine that powered most other Volvo models. In 1972, Volvo introduced fuel injection to the 164 with the B30E (high compression) and B30F (low compression) engines, which utilized Bosch D-Jetronic injection. 

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Performance 

The Volvo 164, produced between 1968 and 1975, offered respectable performance for its time, especially with the fuel-injected models: 

**Acceleration (0-100 km/h)**: The fuel-injected Volvo 164E could accelerate from 0 to 100 km/h in approximately 8.7 seconds. - 

**Top Speed**: The top speed of the Volvo 164E was around 193.5 km/h. - 

**Power Output**: The B30E engine produced about 160 PS (118 kW) DIN. These figures made the Volvo 164 a brisk performer, particularly in its fuel-injected form. It was known for its smooth six-cylinder power and comfortable ride. 

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Historical Advertisements & Marketing Strategy

The **Volvo 164 (1968-75)** was marketed as a **prestige luxury sedan**, emphasizing its **six-cylinder engine**, **comfort**, and **safety features**. Volvo’s advertising strategy focused on:

- **Luxury & Prestige**: Ads highlighted the **B30 straight-six engine**, refined interiors, and premium materials.

- **Safety Leadership**: Volvo promoted its **reinforced body structure**, **disc brakes**, and **crash protection**.

- **European Elegance**: The **164’s styling** was positioned as a blend of Scandinavian design and executive-class refinement.

- **Competitive Positioning**: Volvo compared the 164 to **Mercedes-Benz 250** and **Jaguar XJ6**, targeting buyers seeking reliability and sophistication.

You can explore more details on Volvo 164’s marketing approach [here](https://dyler.com/blog/282/volvo-164-prestige-symbol-from-the-1960s) and its historical significance [here](https://en.wikipedia.org/wiki/Volvo_164).

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Rarity & Collector Appeal

The **Volvo 164 (1968-75)** has a niche but growing collector appeal. While it wasn’t as iconic as the **P1800**, it holds value among enthusiasts who appreciate its **six-cylinder refinement** and **luxury features**. Here’s how it ranks in rarity and collectability:

- **Production Numbers**: Only **146,008 units** were built, making it rarer than many other Volvo models Review; Honest John - Honest John Classics](https://classics.honestjohn.co.uk/reviews/volvo/164/).

- **Market Position**: It was Volvo’s attempt to compete with **Mercedes-Benz and Jaguar**, giving it a unique prestige Review; Honest John - Honest John Classics](https://classics.honestjohn.co.uk/reviews/volvo/164/).

- **Survivor Rate**: Many **164s** have survived due to Volvo’s reputation for durability, but pristine examples are becoming harder to find.

- **Collector Interest**: The **164E fuel-injected models** (1972-75) are particularly sought after for their **higher performance**.

- **Investment Potential**: Prices remain **affordable**, but values are slowly increasing as appreciation for classic Volvos grows.

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Recorded in UK 2025 As of 2025, there isn't a specific record of the exact number of Volvo 164 (1968-1975) cars still on the road in the UK. However, they are considered rare and are often cherished by enthusiasts and collectors. You might find more detailed information through Volvo owners' clubs or classic car registries, such as the [Volvo Owners Club](https://en.wikipedia.org/wiki/Volvo_164) or [Volvo Enthusiasts Club](https://www.volvoclub.org.uk/history/164_stats_search.shtml). 

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Target Age Group:

The **Volvo 164 (1968-75)** was primarily targeted at **middle-aged professionals and executives** looking for a **luxury sedan** with **European refinement and reliability**. It was Volvo’s attempt to compete with **Mercedes-Benz and Jaguar**, offering a more premium alternative to the **140 series**.

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Influence of Target Age Group

The **Volvo 164 (1968-75)** was primarily aimed at **middle-aged professionals and executives**, and this target age group significantly influenced its design and marketing strategy:

- **Luxury & Comfort**: Volvo emphasized **premium materials**, **leather seats**, and **woodgrain dashboards** to appeal to buyers seeking refinement.

- **Safety Features**: The 164 was marketed as a **safe and reliable executive car**, aligning with Volvo’s reputation for durability.

- **Performance & Prestige**: The **six-cylinder B30 engine** provided smooth power delivery, catering to those who valued performance without sacrificing comfort.

- **Competitive Positioning**: Volvo positioned the 164 against **Mercedes-Benz and Jaguar**, targeting buyers who wanted European luxury with Scandinavian reliability.

This approach helped Volvo establish itself in the **luxury sedan market**, paving the way for future models like the **Volvo 264**. 

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Parts Bin Engineering

The **Volvo 164 (1968-75)** made extensive use of **parts bin engineering**, borrowing components from existing Volvo models to streamline production and maintain reliability. Some key examples include:

- **Engine**: The **B30 straight-six engine** was derived from the **B20 four-cylinder**, sharing many internal components.

- **Chassis & Suspension**: The **164’s platform** was based on the **140 series**, with modifications to accommodate the larger engine.

- **Braking System**: It retained the **four-wheel disc brakes** introduced in the **140 series**, ensuring strong stopping power.

- **Interior Features**: Many elements, including **switchgear and dashboard layout**, were shared with the **140 series**.

- **Transmission Options**: The **manual and automatic gearboxes** were adapted from existing Volvo designs.

This approach allowed Volvo to **reduce costs** while maintaining its reputation for **durability and safety**. You can explore more details on Volvo 164 parts [here](https://www.euspares.co.uk/original-parts/volvo/164/164-1968) and [here](https://nordicar.com/en/i/Volvo-140-164-parts.html). Let me know if you’d like insights on specific components!

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Spares/Specialists 

You can find spares for your Volvo 164 in the UK and Ireland at several specialized suppliers: 

1. **FRF Volvo Parts**: Located in Swansea, South Wales, FRF Volvo is an authorized main dealer with a wide range of Volvo parts. 

2. **Nordicar**: This specialist in parts for classic Volvos, including the 164, supplies high-quality parts to customers in the UK and Ireland. 

3. **EU-SPARES**: They offer a comprehensive parts catalogue for the Volvo 164, including engine, suspension, and brake components. 

4. **123spareparts.co.uk**: This online store provides a variety of parts for Volvo vehicles. 

5. **AutoVillage**: A platform where you can search for and buy Volvo 164 car parts. 

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Specialists There are several garage services in Northern Ireland that can help with your Volvo 164: 

1. **Agnew Belfast – Volvo Cars**: An official Volvo dealership providing sales, service, and parts. They are located at 1 Boucher Way, Belfast. 

2. **Noel Robinson Car Care Centre**: A Volvo specialist offering repair work for all vehicles. They are located at 6A Drumanphy Road, Portadown. 

3. **Donnelly Vans Service**: Part of the Donnelly Group, they offer servicing and parts for a wide range of vehicles. They are located at 194 Killyman Road, Dungannon. 

4. **ClickMechanic**: They provide mobile mechanics who can come to your home or office for repairs. They have several mechanics operating in Northern Ireland. 

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Manufacturer Recommended

Engine Oil: Volvo recommended **20W-50** engine oil for the **164 series (1968-75)** under general driving conditions. Other suitable options included:

- **10W-40** for colder climates.

- **SAE 30** for specific operating conditions.

- **OEM Approvals**: Oils meeting **API SF/SG** or **ACEA A3/B3** standards.

You can explore more details on Volvo’s oil recommendations [here](https://www.volvoclub.org.uk/oil_school.shtml) and discussions on classic Volvo oils [here](https://www.volvoforums.org.uk/forum/general-topics/general-volvo-and-motoring-discussions/278943-which-oil). 

Modern Equivalent: For modern equivalents of **engine oil** for the **Volvo 164 (1968-75)**, here are some recommended options:

- **Viscosity Grades**: Volvo originally recommended **20W-50**, but modern alternatives include **10W-40**, **5W-40**, and **15W-40**, depending on climate and engine wear.

- **OEM Approvals**: Oils meeting **API SF/SG** or **ACEA A3/B3** standards are suitable.

- **Recommended Brands**:

  - **Mobil 1 FS 0W-40** – High-performance synthetic oil.

  - **Mobil Super 3000 X1 5W-40** – A reliable semi-synthetic option.

  - **LIQUI MOLY Touring High Tech 20W-50** – A mineral-based oil for classic engines.

You can explore more options at [BuyCarParts](https://www.buycarparts.co.uk/motor-oil/volvo-164) and check oil equivalency charts [here](https://engineoiljournal.com/engine-oil-equivalent-chart/). 

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Transmission Oil: Volvo recommended different transmission oils for the **164 series (1968-75)** depending on the gearbox type:

- **Manual Transmission**: Recommended oils include **SAE 80W or 80W-90** gear oil.

- **Automatic Transmission**: Volvo advised using **Dexron II or III ATF**.

- **Differential Oil**: Suggested options include **SAE 90 or 80W-90**.

You can explore more details on Volvo 164 transmission oil recommendations [here](https://club.autodoc.co.uk/manuals/oils-and-fluids/gearbox-oil-and-transmission-oil/volvo/164). 

Modern Equivalent: For modern equivalents of **transmission oil** for the **Volvo 164 (1968-75)**, here are some recommended options:

- **Manual Transmission**: Recommended alternatives include **80W-90 GL-4 gear oil** or **SAE 30 engine oil**.

- **Automatic Transmission**: Modern substitutes include **Dexron III ATF**, which is widely available.

- **Differential Oil**: **80W-90 GL-5 gear oil** is a suitable replacement.

You can explore more options at [Motor Doctor](https://www.motor-doctor.co.uk/transmission-oil/volvo/164) and [Autodoc](https://www.autodoc.co.uk/car-parts/automatic-transmission-fluid-12093/volvo/164/164-1968). 

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Tyres: Volvo originally recommended **165R15** tyres for the **164 series (1968-75)** Tire Size Chart - Sizemywheels.com](https://sizemywheels.com/tire-size/volvo/164/30-i). Some period-correct options include:

- **Michelin XAS 165-15** – A classic radial tyre with good road grip.

- **Pirelli Cinturato CA67 165 HR 15** – A sportier option with enhanced handling.

- **Blockley Radial 165VR15** – A high-speed rated tyre designed for vintage Volvos.

Modern Equivalent: For modern equivalents of **Volvo 164 (1968-75) tyres**, here are some recommended options:

- **Michelin XAS 165-15** – A classic radial tyre with good road grip.

- **Pirelli Cinturato CA67 165 HR 15** – A sportier option with enhanced handling.

- **Blockley Radial 165VR15** – A high-speed rated tyre designed for vintage Volvos.

You can explore more options at [Longstone Tyres](https://www.longstonetyres.co.uk/classic-car-tyres/volvo/164.html) and discussions on tyre sizing [here](https://www.volvoforums.org.uk/forum/technical-topics/-140-164-series-general/193892-changing-tyre-sizes). 

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Petrol: Volvo recommended **regular leaded petrol** with an **octane rating of 91 RON** for the **164 series (1968-75)**. The engines were designed to run efficiently on this fuel, but modern owners often use **unleaded alternatives** with additives to compensate for the lack of lead.

Modern Equivalent: For modern fuel substitutes for the **Volvo 164 (1968-75)**, here are some recommendations:

- **Unleaded Petrol**: Since leaded fuel is no longer available, most owners use **premium unleaded (95 or 98 RON)**.

- **Lead Replacement Additives**: Products like **Castrol Valvemaster** or **Redex Lead Replacement** help protect valve seats.

- **Fuel Stabilizers**: If the car is stored for long periods, additives like **STA-BIL Fuel Stabilizer** can prevent fuel degradation.

You can explore more details on fuel substitutes [here](https://www.redexadditives.com/blog/fuel-use-classic-car/) and discussions on Volvo fuel options [here](https://www.swedespeed.com/threads/75-164e.589341/). 

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Racing 

The Volvo 164, while primarily designed as a luxury sedan, did see some participation in motorsport events, particularly in rallying and endurance racing. However, it wasn't a common sight on the racing circuit and didn't achieve notable racing accolades. Its robust construction and reliable performance made it a suitable choice for some enthusiasts who wanted to use it in motorsport events, but it was not specifically built for racing. 

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Valuation 

The value of a Volvo 164 (1968-1975) in the UK in 2025 can vary depending on factors such as condition, mileage, and originality. On average, you can expect the value to be around **£3,403**. The highest recorded sale price for a Volvo 164 is **£9,354**. 

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Investment Assessment

The **Volvo 164 (1968-75)** would likely rank around **3 out of 5** as a financial investment Review; Honest John - Honest John Classics](https://classics.honestjohn.co.uk/reviews/volvo/164/). Here's why:

- **Pros**:

  - Increasing interest in **classic Volvos**, particularly for their **luxury appeal** and **six-cylinder refinement**.

  - Prices for well-maintained examples have been **steadily rising**, with some models fetching **higher values**.

  - The 164 is relatively **affordable to maintain**, with good parts availability Review; Honest John - Honest John Classics](https://classics.honestjohn.co.uk/reviews/volvo/164/).

- **Cons**:

  - Not as highly valued as **P1800** or rare Volvo models Review | Honest John - Honest John Classics](https://classics.honestjohn.co.uk/reviews/volvo/164/).

  - Appreciation rate is **moderate**, not skyrocketing.

  - Limited collector appeal compared to sportier or more exclusive models Review | Honest John - Honest John Classics](https://classics.honestjohn.co.uk/reviews/volvo/164/).

If you’re investing purely for financial returns, there are better classic car options, but the **164 series** is a solid choice for long-term enjoyment with potential for growth. 

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Version with highest Investment Potential

For the **Volvo 164 (1968-75)**, the best trims and years for investment tend to be:

- **1969 Volvo 164** – The **first-year production models** often hold higher value due to their historical significance Review; Honest John - Honest John Classics](https://classics.honestjohn.co.uk/reviews/volvo/164/).

- **164E (1972-75)** – The **fuel-injected B30E engine** models offer better performance and are sought after.

- **164TE (1974-75)** – A **high-spec trim** with additional luxury features, making it more desirable among collectors.

- **Limited Edition Colors** – Some **rare factory colors** (e.g., metallic blue or dark blue) can increase desirability.

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Clubs 

There are clubs and communities for Volvo owners in Northern Ireland. Here are a few options: 

Volvo Owners Club Forum - **Website**: [Volvo Owners Club Forum](https://www.volvoforums.org.uk/showthread.php?t=148296&nojs=1) - **Description**: A forum where Volvo enthusiasts can discuss various topics, share experiences, and seek advice. 

Agnew Belfast – Volvo Cars - **Location**: 1 Boucher Way, Belfast BT12 6RE - **Phone**: 028 9068 6000 - **Website**: [Agnew Belfast](https://www.agnewcars.com/volvo/) - **Description**: An official Volvo dealership that provides sales, service, and parts. They may also have information on local Volvo events and gatherings. These clubs and forums can be great resources for connecting with other Volvo owners, finding parts, and getting advice on maintaining your vehicle. 

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HISTORY-ENVIRONMENT

Road Tax: In 1968, the road tax in the UK was based on the engine size of the vehicle. For a Volvo 164, which had an engine size over 1,549 cc, the annual road tax was approximately **£25**. 

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Petrol: In 1968, the cost of four-star petrol in the UK was approximately **74 pence per gallon**, which is roughly **16.3 pence per litre** - Citroen HY Online](https://www.citroenhyonline.co.uk/resources/AA%20Petrol_Prices_1896_2012_gallons.pdf). 

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Insurance: The average cost of insurance for a Volvo 164 in the UK in 1968 isn't readily available. However, insurance costs for classic cars like the Volvo 164 can vary significantly based on factors such as the driver's age, location, driving history, and the car's condition. For more accurate and specific information, you might want to reach out to classic car insurance providers like [Peter Best Insurance](https://www.peterbestinsurance.co.uk/classic-car-clubs/volvo-owners-club-insurance/) or [Lancaster Insurance](https://www.lancasterinsurance.co.uk/insurance/classic-volvo/), or check with Volvo owners' clubs for historical data. 

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In 1968, the average annual salary in the UK was approximately **£1,144** for male manual workers and **£572** for female manual workers. Adjusting for inflation, the average annual salary in the UK in 1968 would be approximately **£30,000 to £35,000** in 2025 terms. 

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In 1968, the average price of a house in the UK was around **£3,996**. Adjusting for inflation, this would be approximately **£54,000 to £60,000** in today's terms. 

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In 1968, the average price of a new car in the UK was around **£809**. Adjusting for inflation, this would be approximately **£11,000 to £12,000** in today's terms. 

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In 1968, the average price of a loaf of bread in the UK was around **11½d** (approximately **£1.50 to £2** in today's terms). 

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In 1968, the average price per mile for a bus journey in the UK was approximately 1.25 old pence (pre-decimal currency). This figure is based on historical transport cost data from that period, which reflects the relatively low cost of public transportation at the time due to government subsidies and lower operational costs compared to modern standards. To adjust for inflation, we can use the average inflation rate between 1968 and 2025. The average annual inflation rate over this period is approximately **5.21%**. Using this rate, **£1.25 in 1968 would be equivalent to around £22.50 in 2025**.

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The average price per mile for a taxi journey in the UK in 1968 was approximately £1 (one pound). Using the average annual inflation rate of **5.21%** between 1968 and 2025, **£1 in 1968 would be equivalent to approximately £17.72 in 2025**. 

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In 1968, the average price per mile for a railway journey in the UK was around **1 penny per mile** (approximately **£0.03 to £0.04** in today's terms). 

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In 1968, there were approximately **6.5 million vehicles** on UK roads. This included a mix of private cars, commercial vehicles, and motorcycles. 

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