Is the 1992 VOLVO 240 reliable?

Average reliability. Expect some repairs as it ages. 72% of VOLVO 240s from 1992 passed their MOT first time in 2026, based on 635 tests. That's 10 points below the national average of 82%.

How much does a 1992 VOLVO 240 cost to run?

Estimated annual running cost is £2,577 (£215/month), including £1592 fuel, £430 road tax, £55 MOT, and £500 predicted repairs.

What is the MOT pass rate for a 1992 VOLVO 240?

The 1992 VOLVO 240 has a 72% MOT pass rate based on 635 tests in 2026. This ranks 128 out of 178 cars from 1992.

Which year VOLVO 240 is most reliable?

The 1991 VOLVO 240 has the highest MOT pass rate at 78%. The least reliable year is 1993 at 68%.

VOLVO 240 (1992)

Q: What is the average mileage for a 1992 VOLVO 240?

The average mileage for a 1992 VOLVO 240 is 167,148 miles, which is below the expected 251,600 miles for a 34-year-old car. This suggests lighter use than average, which generally means less wear on major components.

Running costs, reliability data, and common problems from 635 real MOT tests.

Annual Cost

£2,577

£215/month

MOT Pass Rate

72%

Average

Road Tax

£430

Based on CC/year

Insurance

Grp 25-38

2316cc Petrol

Check Carefully

72% pass rate, £2577/year to run. 10 points below average.

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Petrol2316cc34 years old635 tests167k miles avg

Annual Running Costs

Fuel (Petrol, 2316cc)

~30 mpg

£1,592

Road Tax

Based on 2316cc

£430

MOT Test

£55

Predicted Repairs

Higher estimate due to low pass rate

£500

Total per year£2,577

Per month£215/mo

Per week£50/wk

Based on 7,400 miles/year (UK average), current fuel prices, and repair likelihood from MOT data. Insurance not included.

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Reliability Verdict

72% MOT pass rate(Average)

0%National avg: 82%100%

Average reliability. Expect some repairs as it ages. That's 10 points below the national average of 82%. It falls below the VOLVO brand average of 87%.

At 34 years old, 72% of VOLVO 240s from 1992 passed their MOT first time in 2026. That's based on 635 tests across the UK. The average mileage at this age is 167,148 miles.

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How Does It Compare?

Rank among 1992 cars128th of 178(top 72%)

Rank among VOLVO models589th of 635(top 93%)

vs national average-10%(82% avg)

vs 1992 cars average-5%(77% avg)

vs VOLVO average-15%(87% avg)

Mileage Analysis

167,148

Average miles

251,600

Expected for age

The average 1992 VOLVO 240 has 167,148 miles on the clock, which is below the expected 251,600 miles for a 34-year-old car. This suggests lighter use than average, which generally means less wear on major components.

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Best Year to Buy?

The most reliable year is the 1991 model with a 78% MOT pass rate, while the 1993 model has the lowest at 68%. The 1992 sits between the two at 72%.

VOLVO 240 by Year

Year	Pass Rate	Tests	Avg Mileage
1993	68%	772	156,771 mi
1992	72%	635	167,148 mi
1991	78%	400	152,510 mi
1990	77%	606	145,885 mi

Similar Cars to Consider

VOLKSWAGEN TRANSPORTER

1994 · 2495cc Petrol

£2,597/year

69%

-3%

BMW 3 SERIES

1990 · 1990cc Petrol

£1,867/year

84%

+12%

MERCEDES E

1994 · 2199cc Petrol

£2,397/year

79%

+7%

MERCEDES 190 E

1992 · 1997cc Petrol

£2,017/year

79%

+7%

Check a Specific Volvo 240

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About the 1992 VOLVO 240

The 1992 VOLVO 240 is a premium with a 2316cc petrol engine. 635 of these vehicles were MOT tested in 2026, making it a less common model in the UK market. Among all cars from 1992, the average MOT pass rate is 77%, and this model falls short of that benchmark.

With an average of 167,148 miles at 34 years old, VOLVO 240 owners tend to use this car less than the typical driver.

1992 VOLVO 240 Fuel Costs

The 2316cc petrol engine offers a reasonable balance between performance and economy. Expect around 30 mpg in mixed driving, which works out to roughly £1,592 per year at current petrol prices of 142p per litre (based on 7,400 miles per year).

What does it cost to own a 1992 VOLVO 240?

Total estimated annual running cost is £2,577 (£215/month), broken down as £1592 fuel, £430 road tax, £55 MOT, and £500 predicted repairs. Repair costs are moderate, reflecting the 72% pass rate. Keeping on top of servicing will help avoid surprises.

VOLVO 240 Reliability Trend

Older VOLVO 240s tend to have better MOT pass rates than newer ones, with an average decline of 8 percentage points across model years.

Buying a Used 1992 VOLVO 240

At 34 years old, the VOLVO 240 is firmly in budget territory. Purchase prices are low, but check for rust, worn suspension bushes, and electrical gremlins. A full service history is especially valuable at this age. If you're flexible on year, the 1991 model has the highest pass rate at 78%.

Common Issues to Watch For

Based on the 1992 VOLVO 240's fuel type, age, and engine size, these are the most likely problem areas to check.

Timing Chain / Belt

Watch out

At 34 years old, check whether the timing belt has been replaced (typically due every 5-7 years or 60,000-100,000 miles). A snapped belt can destroy the engine.

Oil Consumption

Medium risk

Larger petrol engines can develop higher oil consumption as they age. Check the oil level and look for blue smoke from the exhaust.

Rust and Corrosion

Watch out

At 10+ years, check wheel arches, sills, subframe, and brake lines for rust. Structural corrosion is an MOT failure. Prevention is far cheaper than repair.

Suspension Bushings

Watch out

Rubber suspension bushes harden and crack with age, causing knocking noises and vague handling. A full refresh costs £300-£800 depending on the car.

Clutch Wear

Watch out

With an average of 167k miles, clutch replacement may be due (typical lifespan 60,000-100,000 miles). Budget £400-£800 for a new clutch kit.

Brake Discs and Pads

Medium risk

High-mileage cars often need brake disc replacement, not just pads. A full set of discs and pads costs £200-£500 per axle.

Engine Mounts

Medium risk

Worn engine mounts cause excessive vibration and movement. Replacement costs £150-£400 per mount. Check for vibration at idle with the bonnet open.

Service History

Low risk

Always request a full service history. Regular servicing is the single best indicator of how well a car has been maintained, regardless of mileage.

Running Costs Compared

How the 1992 VOLVO 240 stacks up against similar cars for annual running costs, insurance, and tax.

Car	Pass Rate	Fuel/yr	Tax/yr	Insurance	Total/yr
VOLVO 240(1992)	72%	£1592	£430	Grp 25-38	£2577
VOLKSWAGEN TRANSPORTER(1994)	69%	£1592	£250	Grp 25-38	£2597+£20
BMW 3 SERIES(1990)	84%	£1327	£135	Grp 18-32	£1867-£710
MERCEDES E(1994)	79%	£1592	£250	Grp 25-38	£2397-£180
MERCEDES 190 E(1992)	79%	£1327	£135	Grp 18-32	£2017-£560

Estimates based on 7,400 miles/year, current fuel prices, and MOT data. Insurance groups are indicative. Actual costs vary by driver, location, and usage.