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Since the elimination of the 240 for the 1994 model year, the Volvo '940' became Volvo's entry-level car, with prices ranging from $23,000 to $26,000. Basically the same as the old rear-drive 700-series cars, the 940 was available with the 2.3-liter iron-block 2-valve- per-cylinder Four, both normally aspirated and turbocharged, in both a sedan and wagon version. The 940 was priced against the upper end of the Toyota Camry 2.5-liter V6 range, the midpoint of Chrysler's LH cars with the 3.5-liter V6, the Nissan Maxima 3.0-liter V6, the VW Passat GLX with its unusual narrow-angle 2.8-liter V6 and some models of Saab's new 900, just to mix a bag. Tough competition, every one of the preceding models was newer and many had more standard equipment than the basic Volvo.

Year-to-year changes

1991

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1992

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1993

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1994

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1995

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Retail prices

As of January 5, 1994:

  • $22,900 (1994 Volvo 940 4DR Sedan)
  • $23,955 (1994 Volvo 940 Turbo 4DR Sedan)
  • $24,200 (1994 Volvo 940 4DR Wagon)
  • $25,200 (1994 Volvo 940 Turbo 4DR Wagon)

As of April 10, 1995:

  • $23,360 (1995 Volvo 940 4DR Sedan)
  • $24,360 (1995 Volvo 940 Turbo 4DR Sedan)
  • $24,660 (1995 Volvo 940 4DR Wagon)
  • $25,660 (1995 Volvo 940 Turbo 4DR Wagon)

Specifications

4DR Sedan

Model years Trim level Transmission Cylinders Engine Size Drive MPG Horsepower
1994-1995 Base 4-speed automatic 4-cylinder 2.3L RWD 19 City/27 Highway 114
1994-1995 Turbo 4-speed automatic 4-cylinder 2.3L RWD 19 City/24 Highway 162

4DR Wagon

Model year Trim level Transmission Cylinders Engine Size Drive MPG Horsepower
1994-1995 Base 4-speed automatic 4-cylinder 2.3L RWD 19 City/27 Highway 114
1994-1995 Turbo 4-speed automatic 4-cylinder 2.3L RWD 19 City/24 Highway 162

Gallery

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