Volvo offered two versions of the S40 sedan in 2004. The first generation model returns with two trim levels: the base 1.9T and the new LSE. A second generation S40 debuted midway through the year, as a 2004.5 model. This fully resigned S40 included two new trim levels, called the 2.4i and the T5. The 2004.5 models are differentiated from their predecessor by a longer wheelbase, shorter overall length, and several mechanical changes.
There are now several engine and drive train options for the S40 lineup. The first generation models retain the turbocharged 1.9 liter inline four, which supplies 170 horsepower and 177 pound-feet of torque. The five-speed automatic is again the only transmission pairing. The new S40s have two engine options. The 2.4i is powered by a 2.4 liter inline five, providing 168 horsepower and 170 pound-feet of torque. The T5 houses a turbocharged version of the 2.4, which bumps horsepower to 218 and torque to 236 pound-feet. The 2.4i's power plant can be mated to either a five-speed manual or a five-speed automatic transmission. The T5 has the five-speed automatic option, but also upgrades to a six-speed manual.
The LSE trim was available in very limited production, with just 2500 units. This trim gets a special exterior finish and unique alloy wheels. The 1.9T returns without any significant changes for this final year of production. The new 2.4i comes with a familiar selection of features, like full power accessories, cruise control, keyless entry, A CD player and heated power mirrors. This new model adds traction control. The T5 adds a trip computer and some additional leather interior trim.
Volvo has attempted to grab younger buyers with the S40, following the lead of entry-level luxury models like the Acura TL, Infinity I30, Audi A4, and the Lexus ES. The S40 has an attractive base price, but the sub-$25,000 entry point becomes a distant memory if additional amenities are desired. The S40's interior presentation is reminiscent of the larger and more expensive Volvos, but closer inspection will reveal the presence of many lower quality materials.
