2008 Volvo V50 Reviews, Pricing & Specs

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CarGurus Editorial Team
Written by CarGurus Editorial Team

Published August 8, 2022

$26,815 to $31,565

Overview

When Volvo introduced the V40 to America at the turn of the millenium, the Swedish carmaker envisioned the model as the premium wagon in...

When Volvo introduced the V40 to America at the turn of the millenium, the Swedish carmaker envisioned the model as the premium wagon in its lineup. The V40 changed to the V50 for the 2005 model year and hasn't looked back. For 2008, the V50 gets a significant redesign inside and out. Exterior changes include a new grille, spoiler, headlights, taillights, and a color-matched rear bumper. Interior changes include more storage space and a cool-sounding Hazard Warning System. The V50 comes in 3 trims: the 2.4i, T5, and T5 AWD. The T5 and T5 AWD both get a new turbocharged 227-horsepower inline-five engine.

Gas mileage across the three trims averages out to 19 mpg in the city and 27 on the highway. The V50 offers a choice of five-speed automatic, five-speed manual, or six-speed manual, depending on the trim. All three trims have four doors and seat five. The T5 and T5 AWD are the more premium trims, with more standard features and an optional navigation system. All trims include basic standard safety features, including ABS brakes, traction control, and stability control. Expect to find around 27.4 cubic feet of cargo space in each trim.

What do the critics have to say about the '08 Volvo V50? Overall, they like this relatively stylish wagon. It looks good, handles well, and offers an overall comfortable ride. On the other hand, the base-level 2.4i could use some extra giddyup, and resale value depreciates a bit quickly. Also, pay attention when you add options; the extra cost can seriously inflate the final bill. Actual drivers tend to rate the V50 more highly than professional reviewers, citing its good fuel mileage and safety features. In any event, industry experts and consumers agree the Volvo V50 has maintained its place as one of the top upscale wagons on the market.

What owners say

5.0
1 review
5
4
3
2
1

My Volvo V50 is a smart sporty wagon with great comfort and nice styling, on the exterior as well as in the interior. It's very nimble on the road and turns into corners with precision and brio. The petrol five-cylinder has a nice character and runs smoothly and sounds great during acceleration. My only dislikes are high fuel consumption and NVH in the rear seat (but the later should have been improved since the update). There's also a great sounding audio system (Volvo's High Performance).

August 1, 2008

Trims & specs

2.4i specifications

Base MSRP

$26,815

Seating

5

Engine

2.4L 168 hp I5

Cargo Capacity

27.4 cu ft

Combined MPG

24

Drivetrain

FWD

T5 specifications

Base MSRP

$29,715

Seating

5

Engine

2.5L 227 hp I5

Cargo Capacity

27.4 cu ft

Combined MPG

23

Drivetrain

FWD

T5 AWD specifications

Base MSRP

$31,565

Seating

5

Engine

2.5L 227 hp I5

Cargo Capacity

27.4 cu ft

Combined MPG

22

Drivetrain

AWD

$26,815 to $31,565