Kelley Blue Book


HomeVolvoVolvo 940
1994 Volvo 940

Used 1994 Volvo 940

Expert (N/A)
4.5
rating
Consumer
Write a Review
Save this car
1994 Volvo 940 Exterior: 0
1995
1994
Fuel Economy
19 - 20 combined mpg
Horsepower
114 - 162 hp
Engine
2 engines available
Engine Options
  • 4-Cyl, 2.3 Liter
  • 4-Cyl, Turbo, 2.3 Liter
Cargo Volume
16.6 - 39.3 cu ft
Next Steps: Shopping for this car?

1994 Volvo 940 Overview

1994 Volvo 940 Pricing

1994 Volvo 940 pricing starts at $2,349 for the 940 Sedan 4D, which had a starting MSRP of $23,325 when new. The range-topping 1994 940 Turbo Wagon 4D starts at $3,637 today, originally priced from $28,220.

Original MSRP
KBB Fair Purchase Price (national avg.)
Sedan 4D
$23,325
$2,349
$24,425
$2,751
$27,220
$2,787
$28,220
$3,637

The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 1994 Volvo 940 models in typical condition when purchasing from a dealership. These prices are updated weekly.

940 Consumer Sentiment

Owners give this generation Volvo 940 (1991-1995) a 4.5 out of 5 rating, which is higher than most, and 94% recommend it. These figures are based on 100 consumer reviews, like these:

What Owners are Saying About the 1994 Volvo 940

"Old but good"

"I bought this car about 10 years ago for 2500 and put 1500 into immediate repairs. Since then, I spend 500-1000 yearly on various things including the usual tires and oil changes. I am not sure of the mileage because I replaced the odometer twice but I would guess it is 300000. I fix anything and everything that breaks or goes wrong and it has been a wonderful car. I think it will last another 10 years easily if I baby it. Last year, I drove to the west coast and back (over 4000 miles) with no problems. It gets 30 miles to the gallon on the open road and 25 or so in town."

"24 years old, it still out performs/lasts new cars"

"I bought mine used for $300, running and driving, very easy to DIY work on (I've replaced the heater core, pads, calipers, and rotors all around, as well as some other stuff) Runs perfectly smooth, fast, handles amazingly well Very reliable, after 24 years of northern winters, it barely has any rust underneath"

"super car. little problem."

"after 181k MILES, still going strong. only small problems i.e. rad hose leak and no heat in the winter (yes, has coolant - thermostat?). it blows oil/exhaust if it sits idling too long, but hey, it has nearly 200K miles!! love it."

Overall 1994 Volvo 940 Quality

User sentiment suggests the overall quality of the 1994 Volvo 940 is above average for its class. Owners rated the 1994 Volvo 940 quality a 4.6 out of 5.

1994 Volvo 940 Reliability

The 1994 Volvo 940 receives an average consumer rating of 4.5 overall and a 4.7 for reliability, which means owners consider its reliability to be above average.

Favorite 1994 940 Features

According to drivers of the 1994 940, here are some of its best features:

  • Great gas mileage, lots of space, sturdy to drive
  • Fun to drive, tons of soul, incredibly reliable
  • Mechanically sound,fuel efficient,safe,comfortable
  • Very safe, easy to drive and park
  • Last Forever, comfortable, best used car!

1994 Volvo 940 MPG by Trim

1994 940 Sedan 4D - city 17 MPG - hwy 24 MPG

1994 940 Wagon 4D - city 17 MPG - hwy 24 MPG

1994 940 Turbo Sedan 4D - city 17 MPG - hwy 22 MPG

1994 940 Turbo Wagon 4D - city 17 MPG - hwy 22 MPG

1994 940 Safety

1994 Volvo 940 Safety Features

  • Child Door Locks
  • Child Seat Anchors: Not available
More About How We Rate Vehicles
Advertisement

1994 Volvo 940
KBB.com Consumer Reviews

4.5
Consumer Rating
Based on 100 Consumer Reviews
Write a Review
95%Recommend this vehicle
5
73%
5
73%
4
13%
4
13%
3
9%
3
9%
2
3%
2
3%
1
2%
1
2%
Value
4.7
Performance
4.5
Quality
4.6
Comfort
4.6
Reliability
4.7
Styling
4.5

Trending Topics in KBB.com Consumer Reviews

Advertisement

1994 Volvo 940 Styles

Style
Price
Combined Fuel Economy
Horsepower
Engine
Cargo Capacity
Torque
Curb Weight
Sedan 4D
$2,349
20 MPG
114 @ 5400 RPM
4-Cyl, 2.3 Liter
16.6 cu ft
136 lb-ft
3205 lbs
Turbo Sedan 4D
$2,787
19 MPG
162 @ 4800 RPM
4-Cyl, Turbo, 2.3 Liter
16.6 cu ft
195 lb-ft
3260 lbs
See Full Specs for All 1994 Volvo 940 Styles
Advertisement

1994 Volvo 940 Depreciation

A 1994 Volvo 940 has depreciated $124 or 6% in the last 3 years and has a current resale value of $1,694 and trade-in value of $585.

Login or create a new account to see your vehicle depreciation forecast data.

Historical
historical solid line
Forecast
forecast dash line
1994 Volvo 940
Compare up to 3 vehicles by logging in.

1994 Volvo 940 Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2022
$15
$1,818
$696
2023
$28
$1,790
$724
2024
$55
$1,735
$632
Now
$41
$1,694
$585
Lock Icon

Unlock Forecast

2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

1994 Volvo 940 Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.


Is this information helpful?
Learn More About 1994 Volvo 940 Depreciation

Already Own This Car?

Specifications

Dimensions, Weights & Capacities

Curb Weight
3205 lbs.
EPA Total Interior
110.7 cu.ft.
Fuel Capacity
19.8 gallons
Front Head Room
38.6 inches
Front Leg Room
41.0 inches
Max Seating Capacity
5
Minimum Ground Clearance
4.1 inches
Overall Length
191.7 inches
Front Shoulder Room
56.4 inches
Towing Capacity, Maximum
3300 lbs.
Trunk or Cargo Capacity
16.6 cu.ft.
Turning Diameter
32.2 feet
Wheel Base
109.1 inches
Width with mirrors
69.3 inches

Exterior

Alloy Wheels
Available
Moon Roof/Sun Roof
Available
Number of Doors
4 doors

Fuel Economy

City
17 mpg
Highway
24 mpg
Combined
20 mpg

Mechanical

Drivetrain
RWD
Transmission Type
Automatic

Performance

Horsepower
114 @ 5400 RPM
Torque
136 @ 2150 rpm
Engine
4-Cyl, 2.3 Liter

Warranty

Basic
4 years / 50000 miles
Powertrain
4 years / 50000 miles
Corrosion
8 years / Unlimited miles

Entertainment

  • CD Player

Interior

  • Power Windows
  • Tilt Steering Wheel

Seating

  • Leather Seats

Technology

  • Cruise Control

1994 Volvo 940 Safety

1994 Volvo 940 Safety Technology

  • Child Door Locks
  • Child Seat Anchors: Not available

Compare to Similar Vehicles

Used 1994
Volvo 940
Used 2002
Ford Escort
Used 2001
MAZDA Protege
Used 1995
Volkswagen Jetta III
See Details
Price
$2,349
$1,857
$2,400
$2,423
Consumer Rating
4.5
4.1
4.5
4.1
Fuel Economy
City 17/Hwy 24/Comb 20 MPG
City 23/Hwy 32/Comb 26 MPG
City 22/Hwy 28/Comb 24 MPG
City 17/Hwy 23/Comb 19 MPG
Fuel Type
Gas
Gas
Gas
Gas
Seating Capacity5555
Basic Warranty
4 years or 50000 miles
3 years or 36000 miles
3 years or 50000 miles
2 years or 24000 miles
Horsepower
114 @ 5400 RPM
110 @ 5000 RPM
130 @ 6000 RPM
172 @ 5800 RPM
Engine
4-Cyl, 2.3 Liter
4-Cyl, 2.0 Liter
4-Cyl, 2.0 Liter
V6, 2.8 Liter
Drivetrain
RWD
FWD
FWD
FWD

1994 Volvo 940 Rankings

FAQs

Is 1994 a good year for a Volvo 940?

Owners of the vehicle give it 4.5 out of 5 stars. To find out if the 1994 940 is the right car for you, check out the pros and cons, trims, specs and options at Kelley Blue Book.

Is the Volvo 940 1994 a good vehicle?

Owners of the vehicle give it 4.5 out of 5 stars. To find out if the 1994 940 is the right car for you, check out the pros and cons, trims, specs and options at Kelley Blue Book.

What is the MPG for a 1994 Volvo 940?

The 1994 Volvo 940 gets 17 mpg in the city and 24 mpg on the highway.

Also from Volvo

  • 1994 Volvo 850
  • 1994 Volvo 960
Advertisement