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Hey guys!

New to the site just wanted to say hello. Im looking to pick up a daily driver and my neighbor has a 1988 white 245 wagon that is in great shape body wise. He doesnt have the money to put into some of the minor things it needs so they are going to sell it to me for 500 bucks. It was owned by his mother since new. It has roughly 130k on the clock.

I know it needs an alternator and some exhaust work. All of which I can do on my own. My question to you guys is, do you think its worth it? The car seems reliable. The only concern i had was I pulled the trans dip stick and the fluid was rather brown. Looked like it could use a service. All of which I can do myself again. He also said that when the car is cold it doesnt like to go into OD right away. However once its warmed up it will go into OD.

The only other things itll need are wipers and little junkyard things.

Its a 2.3 non turbo. Is this an interference motor?

Thanks for all your help. Never thought I would be a Volvo guy, but since they moved in I have been eyeing up this wagon. LOL

-Justin
 

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The car is definitely worth it. The saying goes that these "bricks" can break 500k with a little love, and I for one believe it.
My 1993 245 has about 200k and runs like it was manufactured last week, and it easily breaks 30MPG.

Only 1 previous owner is a very good sign. The minor mechanical issues which you claim to be able to deal with yourself should be of no concern.
Regarding the cold load, its pretty much the same information you will find in the instructions booklet.

Regarding the engine being interference or not I can't say thanks to my poor terminology. This is what I could find on wiki:

1985–1995 B230 — 2.3 litres - 2,316 cubic centimetres (141.3 cu in) SOHC 8-valve Volvo 240/740/Volvo 940
1988–1993 B230F — 9.8:1 compression — 114 horsepower (85 kW; 116 PS) — U.S. models
 
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