pmacca Posted November 27, 2006 Report Share Posted November 27, 2006 :( Hi everyone, I am looking to buy a 2001 V70 T5 with 60K miles on it. The owner states everything is fine although he did have to sign an acknowledgement form when he bought it from a Volvo dealer that it had been bought back by Volvo because of the "check engine light" being on. They extended the warranty. He had the electronic throttle control recall work done 2 weeks ago and the lights are out. I would love to buy this car as it looks great and runs great. Does anyone know if this was most likely the cause for the Volvo Buyback in June of 2004? I have read alot about the ETC problem and how a recall has been issued for it. Do you all think I am safe to buy this car that was issued a buyback by Volvo but appears to be due to this ETC problem? Finally, it is a V70 T5. Any other issues I should be aware of? Edmunds gives the car a private party selling price as $13,800. They were offering it at $11,000 but have agreed to sell for $9,700 because they are leaving the country for an assignment and dont want to store it for a long time. The individual is very reputable, this is not a dealer selling the car. I hate to let such a bargain slip by! Thanks very much in advance! Larry :rolleyes: Link to comment Share on other sites More sharing options...
PyROTech Posted November 27, 2006 Report Share Posted November 27, 2006 dont buy it, first year and problems left right and center. Not to mention tranny problems. Link to comment Share on other sites More sharing options...
Guest Guest_pmacca_* Posted November 27, 2006 Report Share Posted November 27, 2006 <_< Anyone else? Opinions? Link to comment Share on other sites More sharing options...
PyROTech Posted November 27, 2006 Report Share Posted November 27, 2006 Anyone else? Opinions?im fairly sure most people will agree with me the 2001 cars have serious problems. Link to comment Share on other sites More sharing options...
Guest uncle Posted January 18, 2007 Report Share Posted January 18, 2007 I bought one 6 months ago. i paid $14K Aussie for it and have spent nearly half that again on fixing stuff. I still don't regret buying it though as the closest comparable purchase at the time was about $22K. I may have spent that much now but at least i know what i've had fixed has been fixed. I'll give a quick rundown of what i've had done.MAJOR service all fluids and filters plugs etc3 new engine mountsControl arm bushingsSteering stopsTransmission flushSoftware upgradesRear main seal4 new tyresSpeed sensorsStill haven't quite got my transmission/throttle talking to each other properly. Next step is MAF/more software or o2 sensors Link to comment Share on other sites More sharing options...
garbergtsi Posted January 18, 2007 Report Share Posted January 18, 2007 that car is really expensive for a buyback. Nice, reliable 01 T5's go for that price.and plus you will have problems until that car hits the junkyard....stay away! Link to comment Share on other sites More sharing options...
Chilled man Posted January 18, 2007 Report Share Posted January 18, 2007 I have one and its freaking AWSOME , I paid 13,000 for it a month ago with 39,000 on it , bought it off of ebay only has 40,000 miles on it, and I have had it for 2,000 miles and the MAF just went bad last week .other then that nothing , my uncle has the exact same car and he has 115,000 on his and nothing wrong with his car at all other then tires and nothing else. As long as it has the software upgrades and the Trans been check out go for it , if not let me know and I will buy it lol Link to comment Share on other sites More sharing options...
Chilled man Posted January 18, 2007 Report Share Posted January 18, 2007 http://forums.swedespeed.com/zerothread?id=69178check this link also theres a bunch that have over 100,000 miles on there cars without problems. Link to comment Share on other sites More sharing options...
Mogatu'r Posted January 19, 2007 Report Share Posted January 19, 2007 dont buy it, first year and problems left right and center. Not to mention tranny problems.This man speaks the truth, I had my S60 2.4t pull a fast one on the tranny and ETC at the same time , but after the little mishap, the car ran good. Stay away from '01's get an '02 and up Link to comment Share on other sites More sharing options...
cRRRRazy Posted January 20, 2007 Report Share Posted January 20, 2007 if its a buyback, usually that means that it went back for the same isuue more than once or twice. I doubt they bought it back out of the goodness of their hearts, but b/c the law requires it.there are always the gremlins but in a situation like that the dang gremlins just wouldn't leave.avoid it and look for another 01v70 if thats the car for you Link to comment Share on other sites More sharing options...
macmom Posted February 12, 2007 Report Share Posted February 12, 2007 Hi everyone, I am looking to buy a 2001 V70 T5 with 60K miles on it. The owner states everything is fine although he did have to sign an acknowledgement form when he bought it from a Volvo dealer that it had been bought back by Volvo because of the "check engine light" being on. They extended the warranty. He had the electronic throttle control recall work done 2 weeks ago and the lights are out. I would love to buy this car as it looks great and runs great. Does anyone know if this was most likely the cause for the Volvo Buyback in June of 2004? I have read alot about the ETC problem and how a recall has been issued for it. Do you all think I am safe to buy this car that was issued a buyback by Volvo but appears to be due to this ETC problem? Finally, it is a V70 T5. Any other issues I should be aware of? Edmunds gives the car a private party selling price as $13,800. They were offering it at $11,000 but have agreed to sell for $9,700 because they are leaving the country for an assignment and dont want to store it for a long time. The individual is very reputable, this is not a dealer selling the car. I hate to let such a bargain slip by! Thanks very much in advance! Larry I have one with a manual trans that I bought 14 months ago with 46k on it for 16k, it has been great so far my coil packs just started to go and I need new suspension parts but now have 81k on it, it is also really fun to drive, a lot nicer than my 855. Link to comment Share on other sites More sharing options...
Guest Guest Posted February 14, 2007 Report Share Posted February 14, 2007 I'm thinking about purchasing a C70 convertible and have a choice between 2001 with 35,000 and a 2003 with 70,000. I see from CARFAX that the 2001 has had the electrical serviced 3 xs and the electrical recall by Volvo. Any suggestions? Link to comment Share on other sites More sharing options...
Chilled man Posted February 14, 2007 Report Share Posted February 14, 2007 I'm thinking about purchasing a C70 convertible and have a choice between 2001 with 35,000 and a 2003 with 70,000. I see from CARFAX that the 2001 has had the electrical serviced 3 xs and the electrical recall by Volvo. Any suggestions?My best guess it doenst matter on the C70 on either of those years due to neither of those years were first year models for that car unlike the v70 in 01 wich I have the completely over hauled the car so it was a first year car wich tends to have more problems then normal knock on wood I have had any real ones so who knows but mine only has 43,000 on it so far Link to comment Share on other sites More sharing options...
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