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My parents drive Volvos...1 740 16v with 225k miles, and a 960 with 122k. I learned to drive on the 740. Those are really solid cars that feel good to drive, for a non-BMW sedan.
If you're looking for an overbuilt car, 240/740 style, I don't think the 850 is it. I hear the upgrades are easily found and done, but I don't think they're up to the usual Volvo tank-built standard. I've ridden in a GLT wagon...accelerates hard, shifts really throw you. Fun car, but I'm not sure about them
Look for a '95+ 960. Hard to find, but worth it. A decent one is probably not much more than the asking price on the 850 in question.
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