Volvo 245

Known for its tank-like build quality and cavernous interior, the Volvo 245 wagon has become a sought-after classic with a market that ranges from affordable daily drivers to prized collector examples.

Volvo 245 sold for a median of $8,750 over the last 12 months, based on 21 auction sales; the middle 50% sold between $6,940 and $14,350. 269 currently for sale.

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Seen across 5 sites in the last 30 days.

Volvo 245 prices by year

YearMedian (3 yrs)Middle 50%Sales (3 yrs)For sale now
1976$8.5k–13
1978$42k–15
1980$14k–11
1981––02
1982$9.8k–15
1983$12k–27
1984$11k$5.1k–$17k610
1985$12k$8.8k–$18k910
1986$11k$7.6k–$15k919
1987$8.9k–222
1988$10k–315
1989$11k–323
1990$6.6k$5.1k–$14k933
1991$8.2k$8k–$11k1033
1992$12k$7.5k–$15k1530
1993$9.1k$7.8k–$12k1935

Auction sales in the last 3 years; prices leave out salvage and other branded titles.

The Volvo 245 wagon was an integral part of the 200 series that ran from 1975 to 1993. Building on the 140 series' reputation for safety, the 245 became an icon of durability thanks to its simple design and tough 'red block' 4-cylinder engines. Turbo models, arriving in 1981, offered surprising performance and created an early template for the fast wagon.

Collectors value the 245 for its timeless 'brick' styling, immense practicality, and straightforward mechanicals. It's a classic that's easy to maintain with a large enthusiast following and excellent parts support. While many were used as workhorses, finding a well-preserved, low-mileage car is becoming a rewarding challenge, especially for rare Turbo or GLT variants.

Buying Tips

  • Rust is the biggest concern; check the rocker panels, spare tire well, floor pans, and around the front and rear glass.
  • The wiring insulation used from 1982-1987 is known to degrade and cause electrical shorts, so test all electronics thoroughly.
  • The 'red block' engine is durable, but confirm the timing belt has been changed on schedule, roughly every 50,000 miles.
  • Interiors suffer from sun damage. Look for cracked dashboards, sagging headliners, and split seat seams, which are all common issues.
  • On Turbo models, check for signs of oil leaks around the turbocharger and listen for any unusual noises during a test drive.

600 Volvo 245 vehicles have been tracked across auctions and listings on Hypercars, with 269 currently live.

Data sourced from auction results and dealer and private listings, including Bring a Trailer, Cars & Bids, Mecum, RM Sotheby’s and eBay Motors. Updated daily.

Frequently Asked Questions

How much does a Volvo 245 cost?

Over the last 12 months, Volvo 245 sold for a median of $8,750 across 21 auction sales tracked on Hypercars; the middle 50% sold between $6,940 and $14,350. There are 269 currently for sale.

How many Volvo 245 listings are for sale right now?

There are 269 Volvo 245 listings currently live across auctions, dealers, and marketplaces tracked by Hypercars.

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