Volvo 240 SE (1974-93)

Overview: The **Volvo 240SE (1974–1993)** was one of Volvo’s most **iconic and influential models**, shaping the brand’s reputation for **safety, durability, and practicality**. It was an evolution of the **140 Series**, but introduced **MacPherson strut suspension**, improved crash protection, and a more refined design Review | Honest John](https://classics.honestjohn.co.uk/reviews/volvo/240-series/).

One of its biggest contributions was its **groundbreaking safety innovations**. The 240 was used as a **benchmark for crash safety** by the **U.S. National Highway Traffic Safety Administration (NHTSA)**, reinforcing Volvo’s reputation as a leader in automotive safety : A Swedish legend on wheels - Motor1.com](https://www.motor1.com/news/720170/volvo-240-1974-1993-story/). It also introduced **impact-absorbing bumpers** and **side-impact protection**, features that later became industry standards.

The **estate (wagon) version** of the 240 became a **cultural icon**, widely regarded as one of the most **practical and reliable family cars** ever made. It was also successful in **motorsport**, winning the **European Touring Car Championship** with a turbocharged variant Review | Honest John](https://classics.honestjohn.co.uk/reviews/volvo/240-series/).

With **nearly 3 million units produced**, the 240 was a **sales success** and remained in production for almost **two decades**, proving its enduring popularity icon review - Auto Express](https://www.autoexpress.co.uk/volvo/359656/volvo-240-1974-1993-icon-review). Even today, it’s celebrated as a **classic**, admired for its **longevity and timeless design**.

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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 240** is a robust car, but like any vehicle of its age, it can experience certain issues. Here are some common problems associated with the Volvo 240: 

1. **Rust:** Rust can be a significant issue, affecting parts like floorboards and hardware. When rust fuses components together, it becomes challenging to replace them. 

2. **Wiring:** Some mid-1980s 240s had bio-degradable wiring insulation under the hood. Volvo addressed this issue in later models. 

3. **Charging Circuit:** Wiring problems or worn alternator brushes/voltage regulators can impact the charging circuit. 

4. **Lack of Overdrive (Automatic Cars):** Issues related to the relay, transmission solenoid, or wiring may cause overdrive problems in automatic transmissions. 

5. **Oil Leaks:** Commonly caused by a clogged PCV system (flame trap). 

6. **Worn Rubber Parts:** Motor mounts, front and rear suspension components may wear out over time. 

7. **Air Conditioning (A/C):** Most systems used R12 refrigerant, and performance may be marginal after converting to R134a. 

8. **Cabin Blower Motors:** These can fail over time. 

9. **Rear Lights Issues:** Wiring, poor connections, and fuses can cause problems with the rear lights. 

10. **Dead Odometers:** Plastic gears may break or DC motors can fail. Remember that proper maintenance and care can extend the life of your Volvo 240. 

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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 240** had two main generations: 

1. **First Generation (1974-1986):** The initial Volvo 240 series included seven variations: 242L, 242DL, 242GT, 244DL, 244GL, 245L, and 245DL. These models shared design cues with the preceding Volvo 140 series. 

2. **Second Generation (1986-1993):** After a major facelift in 1986, the Volvo 240 continued its production. In total, over **2.8 million** cars were built in the 240/260 series. 

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Body Style/Variants The **Volvo 240** series offered several variants, including: 

1. **Two-Door Sedans:** - **242L:** Basic model. - **242DL:** Deluxe version. - **242GT:** Sportier variant. 

2. **Four-Door Sedans:** - **244DL:** Deluxe model. - **244GL:** Top-of-the-range with fuel injection and leather upholstery. 

3. **Five-Door Wagons:** - **245L:** Base wagon. - **245DL:** Deluxe wagon. 

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Trim Levels 

The Volvo 240, produced from 1975 to 1993, had several trim levels throughout its production run. Here are the main ones: 1. **DL (De Luxe)**: This was the base trim level, offering essential features and a straightforward design. It included cloth interiors for the sedans (242 and 244) and more rugged vinyl for the wagon (245). 

2. **GL (Grand Luxe)**: This trim level added more comfort and convenience features compared to the DL, such as higher-quality interior materials and additional amenities. 

3. **GLT (Grand Luxe Touring)**: The GLT was a sportier version, featuring performance enhancements and often more luxurious interiors. 

4. **GT (Grand Touring)**: This was a limited edition, high-performance model with sport-tuned suspension and unique styling elements. 

5. **Turbo**: Introduced in the early 1980s, this trim level featured a turbocharged engine, providing a significant boost in performance. 

6. **SE (Special Edition)**: Briefly offered in the U.S. for 1991, this trim level included unique features and styling elements. These trim levels allowed buyers to choose a version of the 240 that best suited their needs, from basic functionality to more luxurious and performance-oriented options. 

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Designer/Dimensions 

The Volvo 240SE (1974-1993) was designed by **Jan Wilsgaard**. 

Dimensions - **Length**: 4,823 mm (189.9 in) - **Width**: 1,720 mm (67.7 in) - **Height**: 1,430 mm (56.3 in) - **Wheelbase**: 2,649 mm (104.3 in) These dimensions contributed to the car's spacious and practical design, making it a popular choice among families and enthusiasts alike. 

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Where Manufactured

The **Volvo 240 (1974-93)** was manufactured in several locations worldwide, including:

- **Sweden** – Primary production took place at the **Torslanda Plant** in Gothenburg and the **Kalmar Plant**.

- **Belgium** – Assembly was carried out at the **Ghent Plant**.

- **Canada** – Production occurred at the **Halifax Plant**.

- **Australia** – Some models were assembled in **Melbourne**.

- **Italy** – Limited production took place in **Turin**.

- **Malaysia** – Assembly was conducted at the **Shah Alam Plant**.

The **Torslanda Plant** in Sweden was the main production site, but Volvo expanded manufacturing to other locations to meet global demand. 

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Production Total: 2,700,000 

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Price New (240SE saloon): In 1974, the new price of a Volvo 240SE in the UK was approximately **£2,500**. The new price of a Volvo 240SE in 1974 was approximately **£2,000**. Adjusted for inflation to 2025, this would roughly equate to **£25,000**. 

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Sales: The **Volvo 240SE** was a **major sales success**, with nearly **3 million units** produced between **1974 and 1993** Review | Honest John](https://classics.honestjohn.co.uk/reviews/volvo/240-series/). It became one of Volvo’s most **iconic and enduring models**, known for its **safety, durability, and practicality**. The **estate (wagon) version** was particularly popular, cementing Volvo’s reputation for building **reliable family cars**.

The 240SE was also used as a **benchmark for crash safety** by the **U.S. National Highway Traffic Safety Administration (NHTSA)**, reinforcing Volvo’s leadership in automotive safety. Even decades after production ended, the 240 remains a **beloved classic**, admired for its **longevity and timeless design**.

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Highest Sales Figures by Country

The **Volvo 240 Saloon (1974-93)** was a global success, with its highest sales figures in the following countries:

- **United States** – One of Volvo’s largest markets, where the 240 was popular for its safety and durability.

- **Sweden** – Volvo’s home country, where the 240 was widely used as a family and fleet vehicle.

- **United Kingdom** – Strong demand for reliable saloons contributed to high sales.

- **Germany** – A significant market for Volvo’s practical and robust designs.

- **Canada** – The 240 was well-suited for Canadian conditions, leading to strong sales.

You can explore more details on Volvo 240 production statistics [here](https://www.volvoclub.org.uk/history/240_stats_search.shtml). 

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Historical Pricing Comparisons

The **Volvo 240 SE** has seen a **steady increase in value** among collectors, thanks to its **durability, practicality, and classic appeal**. Here’s a look at its **historical pricing trends**:

**Historical Pricing Comparisons**

- **Lowest recorded sale**: **£1,782**  

- **Median price**: **£8,152**  

- **Highest recorded sale**: **£64,288**  

The **240 SE** remains a **highly sought-after classic**, with prices rising as enthusiasts recognize its **rugged build and timeless design**. 

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Most Favoured Colour

The most popular colors for the **Volvo 240 Saloon (1974-93)** included **Pacific Blue (96), Ice Blue Metallic (134), and Signal Red (63)**. These shades were commonly chosen by buyers, reflecting the era’s preference for classic and vibrant tones.

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Main Rivals (Price): In 1974, the main rivals of the Volvo 240SE and their approximate prices in the UK were: 

BMW 1602 - **Price**: Around £1,800 

Ford Cortina Mk2 - **Price**: Around £1,200 

Vauxhall Victor FD - **Price**: Around £1,300 These prices reflect the competitive landscape of the compact executive car segment during that time. 

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Main Rivals (Performance): In 1974, the main rivals of the Volvo 240SE and their approximate prices in the UK were: 

• BMW 1602 - **Price**: Around £1,800 

• Ford Cortina Mk2 - **Price**: Around £1,200 

• Vauxhall Victor FD - **Price**: Around £1,300 These prices reflect the competitive landscape of the compact executive car segment during that time.

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In 1974, the main rivals of the Volvo 240SE 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 240SE competitive in its segment during that time. 

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Engine/s 

The **Volvo 240** series featured several engine options during its production: 

1. **B21A Carburettor Engine:** - Capacity: 2127cc. - Output: 97hp. 

2. **B21E Injection Engine:** - Capacity: 2127cc. - Output: 123hp. 

3. **V6 B27E Engine (PRV Engine):** - Capacity: 2664cc. - Output: 140hp. 

These engines powered various Volvo 240 models, including sedans and wagons. 

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Performance

The Volvo 240SE (1974-1993) offered a range of performance options over its production years. Here are some key performance figures for the Volvo 240SE: 

### Volvo 240SE (1974-1993) - **Engine Options**: 2.0L inline-4, 2.3L inline-4, and 2.1L turbocharged inline-4 - **Power**: Ranged from 78 bhp (58 kW) to 153 bhp (114 kW) - **Top Speed**: Approximately 100-115 mph (160-185 km/h) - **0-60 mph**: Around 10-14 seconds These performance figures made the Volvo 240SE a versatile and reliable choice for drivers over its long production run versions - Ultimate Specs](https://www.ultimatespecs.com/car-specs/Volvo/M712/240-Sedan-%28244%29) Review | Honest John](https://classics.honestjohn.co.uk/reviews/volvo/240-series/). 

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Historical Advertisements & Marketing Strategy

The **Volvo 240 SE** was marketed as a **safe, durable, and practical** vehicle, reinforcing Volvo’s reputation for **reliability**. 

**Advertising & Marketing Strategy**

- **Safety First** – Volvo emphasized the **240’s safety features**, including its **reinforced body structure, crumple zones, and three-point seatbelts**.

- **Competitive Pricing** – Volvo positioned the **240 SE** as a **cost-effective alternative** to premium European brands, sometimes using humorous comparisons in ads.

- **Cultural Impact** – The **240 SE** became a symbol of **practicality and dependability**, often appearing in **films, TV shows, and advertisements**.

Volvo’s marketing strategy evolved over time, adapting to **changing consumer preferences** while maintaining its **core identity of safety and reliability**. 

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Rarity & Collector Appeal

The **Volvo 240 SE** has become a **highly sought-after classic**, known for its **durability, practicality, and timeless design**. Produced from **1974 to 1993**, it remains one of Volvo’s **most iconic models**.

**Rarity & Collector Appeal**

- **Survivor Status** – While over **2.8 million units** of the **240 series** were produced, many have been lost to time, making well-preserved examples increasingly rare.

- **Classic Volvo Design** – Its **boxy, functional aesthetic** has become a hallmark of Volvo’s **design philosophy**, influencing models for decades.

- **Strong Enthusiast Community** – The **240 SE** has a dedicated following, with clubs and events celebrating its **heritage and reliability**.

- **Market Value** – Prices for **well-maintained examples** have been rising, with some fetching **over £64,000**.

- **Investment Potential** – The **240 SE** is considered a **solid investment**, thanks to its **rugged build quality and increasing collector interest**.

Collectors appreciate the **240 SE** for its **blend of practicality, safety, and Volvo durability**. It remains a **standout classic** in the world of vintage cars. 

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Recorded in UK 2025 

As of 2025, there are approximately **1,079 Volvo 240 series cars** still on the road in the UK. 

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Target Age Group

The **Volvo 240 SE** was designed to appeal to a **broad audience**, but it particularly resonated with **families, professionals, and safety-conscious drivers**.

**Target Age Group & Market Appeal**

- **Families** – The **240 SE’s spacious interior, durability, and safety features** made it a **top choice for family transport**.

- **Professionals** – Many **business owners and professionals** appreciated its **practicality and reliability** for daily commuting.

- **Older Drivers** – Volvo’s reputation for **comfort and safety** made the **240 SE** appealing to **older motorists** who valued **ease of driving and dependability**.

- **Safety-Conscious Buyers** – Volvo marketed the **240 SE** as one of the **safest cars of its time**, drawing in buyers who prioritized **security over performance**.

The **240 SE** became a **symbol of practicality and dependability**, making it a **trusted choice across multiple generations**. 

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Influence of Target Age Group

The **target age group** for the **Volvo 240 SE** played a crucial role in shaping its **design, marketing, and long-term appeal**. Volvo aimed the **240 SE** at **families, professionals, and safety-conscious drivers**, influencing its features and branding accordingly.

**Influence of Target Age Group**

- **Safety Innovations** – Since **families and older drivers** were key buyers, Volvo emphasized **reinforced body structures, crumple zones, and three-point seatbelts** to appeal to safety-conscious consumers.

- **Practicality & Comfort** – The **240 SE’s spacious interior, large cargo capacity, and simple controls** made it ideal for **daily commuting and family use**, reinforcing Volvo’s reputation for **durability and reliability**.

- **Marketing Strategy** – Volvo’s advertising focused on **safety, longevity, and practicality**, rather than performance or luxury, aligning with the preferences of its **target demographic**.

- **Legacy & Future Models** – The **240 SE’s success** among its target audience influenced the development of later models like the **740 and 850 estates**, which continued Volvo’s **boxy, functional design** and safety-first approach.

The **240 SE** helped Volvo establish itself as a **leader in automotive safety and practicality**, shaping its brand identity for decades. 

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Parts Bin Engineering

The **Volvo 240 SE** incorporated parts from various **third-party manufacturers**, ensuring **quality, reliability, and performance**. Some of the key components sourced externally included:

**Parts from Other Manufacturers**

- **Bosch** – Provided **fuel injection systems, alternators, and ignition components**.

- **ZF** – Supplied **automatic transmissions**, particularly the **ZF 4HP22** used in some models.

- **Garrett** – Manufactured **turbochargers** for the **240 Turbo variants**.

- **Hella** – Produced **lighting components**, including **headlights and taillights**.

- **Sachs** – Supplied **shock absorbers and clutch components**.

- **Beru** – Provided **spark plugs and ignition systems**.

These **high-quality components** helped the **240 SE** maintain its reputation for **durability and reliability**. 

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Spares/Specialists 

If you're looking for **Volvo 240** spares in the United Kingdom and Ireland, here are some options: 

1. **Evolv Parts (Preston, UK):** - **Specialty:** Quality licensed independent Volvo breakers. - **Address:** Unit 3 Campbell St, Preston. - They specialize in new, used, and reconditioned Volvo parts for all models of Volvo cars. 

2. **EU-spares (Online Shop):** - **Specialty:** OE original parts for Volvo 240. - You can find various parts like bulbs, brake fluid, spark plugs, wiper blades, and more. - Visit their online shop for availability and discounts. 

3. **AutoVillage (Online Shop):** - **Specialty:** Online platform for car parts. - Expect user-friendly pages and secure transactions. - Shipping is next day to mainland UK. 

4. **SG Petch Online Parts Store (Online Shop):** - **Specialty:** Car-specific replacement parts endorsed by manufacturers. - Find electrical spares, bodywork parts, and service components. 

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Specialists 

Here are some Volvo specialists in the UK and Ireland: 

1. **Agnew Belfast – Volvo Cars** (Belfast, Northern Ireland) - Address: 1 Boucher Way, Belfast BT12 6RE - Phone: 028 9068 6000 - Services: Sales of new and approved used cars, business/fleet services, service, and parts. 

2. **McCarthy's Commercials** (Kilkenny, Ireland) - Address: Danville Business Park, Kilkenny, R95 C821 - Phone: (056) 776 3122 - Services: Specializes in Volvo trucks. 

3. **Formula Cars - The Independent Volvo Specialists** (Wellington, Somerset, UK) - Address: Near M5, Junction 26, Wellington, Somerset - Phone: 01823 661200 - Services: Sales of used Volvos, servicing, repairs, and parts. 

4. **Volvo Dealer Locator** (UK-wide) - You can use the [Volvo Dealer Locator](https://www.volvocars.com/uk/dealers/car-retailers) to find a Volvo dealer near you. 

**NORTHERN IRELAND VOLVO SPECIALISTS** County Antrim 

1. **Agnew Belfast**: Although located in Belfast, this dealership is nearby and offers a full range of services for Volvo vehicles, including sales, servicing, and parts. 

2. **Dennison Commercials**: Based in Ballyclare, they provide comprehensive services for Volvo trucks and commercial vehicles. 

3. **Greers of Antrim**: Located in Antrim, they offer new car sales and other services for Volvo vehicles. 

**County Armagh** 

One notable Volvo specialist in County Armagh is: **Noel Robinson Car Care Centre**: Located in Portadown, this family-owned business has been serving the community since 1981. They specialize in Volvo vehicles and offer a range of services, including repairs and maintenance. They are known for their reliable service and fair pricing. 

**County Down** 

1. **Agnew Belfast**: Located in Belfast, this official Volvo dealership offers a range of services including sales, servicing, and parts. They are well-regarded for their customer service. 

2. **Noel Robinson Car Care Centre**: Based in Portadown, this family-owned business has been serving the community since 1981. They offer reliable repair services and are known for keeping costs down while ensuring vehicles are safe and MOT ready. 

3. **Dennison Commercials Newry**: Located in Newry, this dealership is one of the longest-established Volvo Truck & Bus dealers in the UK and Ireland. They offer new and used trucks, commercial vehicle rentals, and comprehensive aftermarket services. 

**County Fermanagh** 

Finding a Volvo specialist specifically in County Fermanagh can be a bit challenging, but here are a couple of nearby options that might be helpful: 

1. **Agnew Belfast**: Located in Belfast, this dealership offers a full range of services for Volvo vehicles, including sales, servicing, and parts.. 

2. **Dennison Commercials**: Based in Ballyclare, they provide comprehensive services for Volvo trucks and commercial vehicles. 

**County Londonderry** 

1. **Three Bridge Car Sales**: Located in Londonderry, they offer a range of services and have a good reputation for customer satisfaction. 

2. **Approved Garages**: They have a network of garages in Londonderry that are qualified to work on all Volvo models³. You can find a local garage through their website. 

3. **ClickMechanic**: They provide expert Volvo mechanics in Londonderry, offering convenient mobile services. 

**County Tyrone** 

1. **N R Trucks**: Based in Dungannon, they specialize in high-end Volvo trucks and offer a range of services including sales, rentals, and customizations. 

2. **Dennison Commercials**: Located in Dungannon, they provide comprehensive services for Volvo trucks and commercial vehicles. 

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Manufacturer Recommended

Engine Oil: Volvo originally recommended **10W-30, 15W-40, and 20W-50** engine oils for the **240 series (1974-93)**, depending on climate and driving conditions. These oils were typically **mineral-based** and met **API SJ/SH** or **ACEA A3/B3** standards.

For modern equivalents, here are some recommended options:

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

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

- **Valvoline SynPower 5W-40** – A reliable semi-synthetic option.

You can explore more details on Volvo 240 oil recommendations [here](https://oilincar.com/volvo/240/1-1974-1993.php) and discussions on suitable oils [here](https://turbobricks.com/index.php?threads/suitable-oils-for-volvo-240.253630/). 

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Transmission Oil: Volvo originally recommended different transmission oils for the **240 series (1974-93)** depending on the gearbox type:

- **Manual Transmission (M45, M46, M47)**: Volvo advised using **SAE 80W-90 GL-4 gear oil**.

- **Automatic Transmission (AW70, AW71, BW55)**: Recommended fluid was **Dexron II or III ATF**.

- **Differential Oil**: Suggested options included **80W-90 GL-5 gear oil**.

For modern equivalents, here are some recommended options:

- **Manual Transmission**:

  - **Red Line MT-90 75W-90** – A synthetic GL-4 gear oil for smoother shifts.

  - **Castrol Syntrans Multivehicle 75W-90** – A reliable GL-4 option.

  - **LIQUI MOLY GL-4+ 75W-90** – A high-quality mineral-based alternative.

- **Automatic Transmission**:

  - **Mobil 1 Synthetic ATF** – A high-performance Dexron III alternative.

  - **Valvoline MaxLife ATF** – Designed for older automatic transmissions.

  - **Ford Type F ATF** – Some owners prefer this for smoother operation.

- **Differential Oil**:

  - **LIQUI MOLY GL-5 80W-90** – A high-quality gear oil for classic differentials.

  - **Mobil 1 Synthetic Gear Lube 75W-90** – A modern synthetic option.

You can explore more details on Volvo 240 transmission oil recommendations [here](https://cararac.com/gear_oil/volvo/240.html) and discussions on fluid choices [here](https://turbobricks.com/index.php?threads/suitable-oils-for-volvo-240.253630/). 

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Tyres: Volvo originally recommended **185/70 R14** and **195/60 R15** tyres for the **240 series (1974-93)**. Some models also used **165R14** tyres, particularly in earlier years.

For modern equivalents, here are some recommended options:

- **Michelin XAS 165R14** – A period-correct tyre with excellent grip.

- **Michelin Primacy 3 195/60 R15** – A reliable modern alternative.

- **Vredestein Sprint Classic 185/70 R14** – A vintage-style tyre with modern performance.

- **Pirelli Cinturato CN36 205/70 R14** – A high-performance option for improved handling.

You can explore more details on Volvo 240 tyre recommendations [here](https://auto-tyres.info/tyres-volvo-240) and discussions on tyre sizing [here](https://www.longstonetyres.co.uk/classic-car-tyres/volvo/240.html).

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Petrol: Volvo originally recommended **91 RON leaded petrol** for the **240 series (1974-93)**. Since leaded fuel is no longer available, most owners use **premium unleaded (95 or 98 RON)** with **lead replacement additives** to protect the valve seats.

For modern substitutes, here are some recommendations:

- **Unleaded Petrol**: Premium unleaded **95 or 98 RON** is the best alternative.

- **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://bing.com/search?q=modern+equivalents+for+Volvo+240+series+1974-93+petrol+grade) and discussions on Volvo fuel options [here](https://www.motortrend.com/features/lets-talk-volvo-engines). 

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Racing 

The Volvo 240 did race, and it had a notable presence in motorsport, particularly with the **240 Turbo** model. Here are some highlights of its racing history: 

1. **European Touring Car Championship (ETC)**: The Volvo 240 Turbo, often referred to as the "Flying Brick," was highly successful in the ETC. In 1985, it won the championship with drivers Thomas Lindström and Gianfranco Brancatelli. 

2. **German Touring Car Masters (DTM)**: The 240 Turbo also competed in the DTM, securing victories and podium finishes. It won races at tracks like Norisring in Germany. 

3. **Group A Racing**: The 240 Turbo was homologated for Group A racing, which required production-based cars. It featured a 2.1-liter turbocharged engine, producing around 300 horsepower in race trim. 

4. **Other Achievements**: The 240 Turbo also saw success in various national championships and endurance races, including wins at the 24 Hours of Zolder. 

The Volvo 240 Turbo, particularly known for its racing success, had impressive specifications for its time. Here are some key details: 

1. **Engine**: - **Type**: Inline 4-cylinder, B21ET engine - **Displacement**: 2.1 litres (2127 cm) - **Turbocharger**: Garrett turbo - **Fuel System**: Bosch K-Jetronic fuel injection - **Power Output**: 153 HP (114 kW) at 5500 rpm - **Torque**: 177 lb-ft (240 Nm) at 3750 rpm 

2. **Performance**: - **Top Speed**: 118 mph (190 km/h) - **0-62 mph (0-100 km/h)**: 9.0 seconds 

3. **Transmission**: - **Gearbox**: 5-speed manual transmission 

4. **Dimensions**: - **Length**: 188.58 inches (479 cm) - **Width**: 67.32 inches (171 cm) - **Height**: 56.3 inches (143 cm) - **Wheelbase**: 103.94 inches (264 cm) - **Curb Weight**: 2842 lbs (1289 kg) 

5. **Fuel Economy**: - **Combined**: 21 MPG (11.2 L/100 km) 

6. **Brakes and Suspension**: - **Front Brakes**: Vented discs - **Rear Brakes**: Discs - **Front Suspension**: Independent McPherson struts with coil springs and anti-roll bar - **Rear Suspension**: De Dion axle with coil springs and anti-roll bar 

The racing version of the Volvo 240 Turbo had further enhancements, including aluminum cylinder heads, forged pistons, and a custom-built Bosch K-Jetronic system. The turbocharged engine in the racing version could produce around 300 HP, giving it a top speed of approximately 260 km/h. The Volvo 240 Turbo's combination of durability, performance, and engineering excellence made it a formidable competitor on the race track. The Volvo 240's racing legacy is a testament to its engineering and performance capabilities. 

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Valuation The value of a 1974 Volvo 240SE 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 **£5,500 to £12,400**. 

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Investment Assessment

The **Volvo 240SE (1974-93)** would likely rank around **3.5 to 4 out of 5** as a financial investment icon review - Auto Express](https://www.autoexpress.co.uk/volvo/359656/volvo-240-1974-1993-icon-review) Review; Honest John](https://classics.honestjohn.co.uk/reviews/volvo/240-series/). Here's why:

**Pros**:

- **Durability & Longevity** – The 240 series is known for its **robust build**, making well-maintained examples highly desirable Review; Honest John](https://classics.honestjohn.co.uk/reviews/volvo/240-series/).

- **Classic Status** – Increasing interest in **boxy, retro Volvos** has led to rising values icon review - Auto Express](https://www.autoexpress.co.uk/volvo/359656/volvo-240-1974-1993-icon-review).

- **Strong Enthusiast Market** – A loyal following ensures demand for clean, original models Review | Honest John](https://classics.honestjohn.co.uk/reviews/volvo/240-series/).

**Cons**:

- **Moderate Appreciation Rate** – While values are rising, they **haven’t skyrocketed** like some classic sports cars icon review - Auto Express](https://www.autoexpress.co.uk/volvo/359656/volvo-240-1974-1993-icon-review).

- **Fuel Economy & Running Costs** – Older models can be **heavy on fuel**, which may deter some buyers Review; Honest John](https://classics.honestjohn.co.uk/reviews/volvo/240-series/).

- **Not as Rare as Other Classics** – With **over 2.8 million units produced**, availability remains relatively high.

If you’re investing purely for financial returns, there are **better classic car options**, but the **240SE** is a **solid choice** for long-term enjoyment with potential for growth. 

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Version with highest Investment Potential

The **Volvo 240 series (1974-93)** has several versions that stand out as strong financial investments. Based on collector interest and market trends, here are the models with the most potential:

**Top Investment Picks**

1. **Volvo 240 GLT (1981-93)** – The **GLT (Grand Luxe Touring)** trim featured sportier suspension, alloy wheels, and a more refined interior. The **manual transmission versions** are particularly desirable.

2. **Volvo 240 Turbo (1981-85)** – The **turbocharged variant** is one of the rarest and most sought-after models, offering increased performance and exclusivity.

3. **Volvo 240 DL & GL (Early Models 1975-80)** – The **early production models** with round headlights and chrome bumpers are gaining value due to their vintage appeal.

4. **Volvo 240 Estate (245) – Final Production Years (1991-93)** – The **last production years** of the 240 Estate are highly desirable, especially well-maintained examples.

5. **Volvo 240 Polar (Europe-Exclusive, 1992-93)** – A **special edition** with unique badging and trim, making it a rare collector’s item.

**Why These Models?**

- **Rarity & Demand** – Limited production models like the **Turbo** and **Polar** editions are harder to find.

- **Classic Status** – The **GLT and Estate** versions have a strong following among enthusiasts.

- **Market Appreciation** – Prices for **well-preserved examples** have been steadily rising.

You can explore more details on Volvo 240 investment potential [here](https://www.hagerty.com/media/buying-and-selling/your-handy-1975-93-volvo-240-buyers-guide/) and [here](https://classicsworld.co.uk/guides/volvo-240-buyers-guide/). 

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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

PLEASE NOTE: The information provided below is given in averages across Northern Ireland at the date specified. Petrol reflect average prices for four star fuel in litres. 

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Road Tax: In 1974, the road tax in Northern Ireland was based on the engine size of the vehicle. For a Volvo 244 series, which had an engine size over 1,549 cc, the annual road tax was approximately **£25**. 

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Petrol: In 1974, the cost of four-star petrol in the UK was approximately **49.6 pence per gallon**. 

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Insurance: The average cost of insurance for a Volvo 240SE in 1974 in Northern Ireland isn't readily available. However, insurance costs for classic cars like the Volvo 240SE can vary significantly based on factors such as the driver's age, location, driving history, and the car's condition. 

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COST OF LIVING UK In 1974, the average annual salary in the UK was approximately **£2,168**. £2,168 in 1974 is equivalent to approximately **£22,000** today. 

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In 1974, the average cost of a house in the UK was approximately **£10,000**. £10,000 in 1974 is equivalent to approximately **£110,000** today. 

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In 1974, the average price of a new car in the UK varied depending on the model and brand. Here are some examples: - **Ford Cortina**: £1,519 - **Austin Allegro**: £1,287 - **Jaguar XJ12**: £3,500 - **Rolls-Royce Silver Shadow**: £8,000 These prices give you an idea of the range of costs for new cars in 1974. 

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In 1974, the average price of a loaf of bread in the UK was approximately **14.5 pence**. In 1974, the average price of a loaf of bread in the UK was approximately **14.5 pence**. 

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In 1974, the average price of a bus journey by the mile in the UK was approximately **2.5 pence**. 2.5 pence per mile in 1974 is equivalent to approximately **21 pence per mile** today. 

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In 1974, the average price of a taxi fare per mile in the UK ranged from approximately **17 pence to 22.5 pence**. 17 pence to 22.5 pence per mile in 1974 is equivalent to approximately **£1.50 to £2.00 per mile** today. 

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In 1974, the average cost per mile of a railway journey in the UK was approximately **1.5 pence**. 1.5 pence per mile in 1974 is equivalent to approximately **13 pence per mile** today. 

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In 2025, the average cost per mile of a railway journey in the UK is approximately **33 pence per mile**. In 2025, the average cost per mile of a car journey in the UK is approximately **33 pence per mile**. 

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In 1974, there were approximately **19 million vehicles** recorded on UK roads by the DVLA. As of 2025, there are approximately **41.4 million vehicles** on UK roads. 

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