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2008 Volvo V50

Used 2008 Volvo V50

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2008 Volvo V50 Exterior: 0
2011
2008
Fuel Economy
21 - 23 combined mpg
Horsepower
168 - 227 hp
Engine
2 engines available
Engine Options
  • 5-Cyl, 2.4 Liter
  • 5-Cyl, Turbo, 2.5 Liter
Cargo Volume
32.3 cu ft
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2008 Volvo V50 Review

KBB Editors

By KBB Editors

Updated December 23, 2019

Our editors drive and evaluate hundreds of new cars every single year, turning thousands of miles and countless hours behind the wheel into helpful reviews, ratings, and comparisons. They also have lives outside of work, or so they think. You’d be surprised what you can learn by hauling a dirt bike, hunting for a wayward sippy cup, or just packing the trunk full of groceries.

Pros

If passenger safety is a top priority, the V50’s side-impact airbags, side-curtain airbags and Whiplash Protection System should hold strong appeal. In addition to the cargo-hauling capabilities of a wagon and appealing gas-mileage estimates, Volvo promises a healthy dose of performance with the turbocharged T5.

Cons

If you need room for four adults plus luggage, the V50’s cramped rear seat will prompt a move to the larger (and more expensive) V70. Unlike wagons from Subaru, the V50’s all-wheel-drive option can be ordered only with the pricey, top-of-the-line trim.

What's New?

The V50 receives a slight front and rear freshening as well as numerous interior upgrades. T5 models see a bump in horsepower to 227 and feature standard SIRIUS Satellite Radio and an upgraded audio system. The manual transmission for both trims has been discontinued.

The 2008 Volvo V50 is a compact premium wagon derived from the same chassis as the sporty S40 sedan. Although not large enough to provide a third-row seat, the V50’s enclosed cargo area offers easy access when loading or retrieving items, as well as additional roof space on which to stow gear. With the rear seats folded down, the V50 can carry a fair bit of cargo or make room for the family dog. The V50 is far more fun to drive than a compact SUV, offers the added traction and stability provided by available all-wheel drive and is loaded with the latest Volvo safety and security technologies.

2008 Volvo V50 Pricing

2008 Volvo V50 pricing starts at $5,388 for the V50 2.4i Sport Wagon 4D, which had a starting MSRP of $27,560 when new. The range-topping 2008 V50 T5 Sport Wagon 4D starts at $7,588 today, originally priced from $32,310.

Original MSRP
KBB Fair Purchase Price (national avg.)
$27,560
$5,388
$32,310
$7,588

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 2008 Volvo V50 models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the Volvo V50

Although the basic driving experience differs little from Volvo’s S40 sedan, the V50 feels more serious and solid. Both are civilized, quiet and spirited compacts, especially with the more potent turbocharged engine. On snow-packed and icy surfaces the all-wheel-drive V50 clings with confidence. Despite the V50’s refinement, the ride in the all-wheel-drive T5 can get rough on harsher surfaces, and even rolling over moderate imperfections may feel a little jittery, particularly to people who value plush comfort over crisp handling. Nimble in urban settings and stable on the road, the V50 T5 reacts quickly to the steering wheel, perhaps more quickly than less-enthusiastic drivers might find comfortable.

Interior Comfort

Basic in nature, the V50’s interior reflects the spartan themes popular in Scandinavian automobiles. The ultra-slim center console is claimed to be the first of its kind and is available with optional aluminum facing. One drawback to the design is the limitations it places on installing an aftermarket audio unit. Volvo promotes "ergonomically designed" seating, including 60/40-split folding rear seats. Some controls on the console aren’t quite as logical as they first appear. Though roomy enough up front, the V50 conveys a cozy sensation. Cargo space totals 37.4 cubic feet with the rear seat up and 62.9 cubic feet with the seat folded.

Exterior Styling

Built in Belgium rather than Sweden, the V50 closely resembles other, larger Volvo models. Up front it’s a virtual twin to the S40 sedan. Both Volvos are related to the European Ford Focus and the Mazda3. The V50 is an evolution of the sportswagon "design language" that began with the larger V70 family wagon, but brandishes some "aggressive lines." Certain design characteristics are borrowed from classic Volvos, including the sporty 1800ES of the 1960s. Intelligent Design Architecture includes eight "exceptionally rigid" cross members for enhanced side-impact protection.

Favorite Features

All-Wheel Drive
Anyone in the snow belt or who drives frequently on wet or slippery surfaces should appreciate the merits of all-wheel drive. Too bad it isn’t available in the non-turbocharged 2.4i model.

Turbocharged Engine in T5
Like the all-wheel-drive system, Volvo’s turbocharged engine does its job eagerly and effortlessly, without attracting undue attention to itself.

Standard Features

In basic 2.4i form the V50 has a five-speed automatic transmission, air conditioning, alarm, immobilizer, remote keyless entry, steering wheel-mounted audio controls, rear wiper/washer, rear fog lamp, Dynamic Stability and Traction Control and single CD player. Side-impact and curtain-style airbags are standard. In addition to a turbocharged engine, the T5 adds an eight-way power driver’s seat, SIRUS Satellite Radio, automatic climate control, watch-dial instrumentation and a six-disc CD changer. Alloy wheels hold standard 16-inch tires and the V50’s anti-lock braking (ABS) incorporates electronic brake-force distribution and Brake Assist for more effective panic stops.

Factory Options

Many of the V50’s most desirable options are bundled into packages. The base 2.4i, for example, offers a Climate Package with heated seats, headlamp washers and rain-sensing wipers. The Select Package adds a power glass moonroof, six-disc CD/MP3 player, upgraded speakers, trip computer and a power driver’s seat. Stand-alone options include leather seating, rear booster cushions and the Blind Spot Information System (BLIS). The T5 offers Active Bi-Xenon headlamps, sport steering wheel, sport suspension, 17- and 18-inch alloy wheels, power passenger seat, DVD navigation and Keyless Drive remote start.

Engine & Transmission

The V50’s 2.4-liter in-line five-cylinder engine provides solid, if unspectacular performance. The sports-minded T5 is equipped with a turbocharged version of the same engine, offering 59 additional horsepower and, more importantly, better torque for quicker acceleration.

2.4-liter in-line 5
168 horsepower @ 6000 rpm
170 lb.-ft. of torque @ 4400 rpm
EPA city/highway fuel economy: 20/28

2.5-liter in-line 5 Turbocharged
227 horsepower @ 5000 rpm
236 lb.-ft. of torque @ 1500-5000 rpm
EPA city/highway fuel economy: 19/27 (automatic, FWD), 19/28 (manual, FWD), 18/26 (automatic, AWD), 17/25 (manual, AWD)


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2008 Volvo V50
KBB.com Consumer Reviews

4.5
Consumer Rating
Based on 97 Consumer Reviews
Write a Review
90%Recommend this vehicle
5
68%
5
68%
4
20%
4
20%
3
5%
3
5%
2
6%
2
6%
1
1%
1
1%
Value
4.4
Performance
4.6
Quality
4.6
Comfort
4.6
Reliability
4.6
Styling
4.7

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2008 Volvo V50 Styles

Style
Price
Combined Fuel Economy
Horsepower
Engine
Cargo Capacity
Torque
0-60
Top Speed
Curb Weight
2.4i Sport Wagon 4D
$5,388
23 MPG
168 @ 6000 RPM
5-Cyl, 2.4 Liter
32.3 cu ft
170 lb-ft
8.5 seconds
134 mph
3321 lbs
T5 Sport Wagon 4D
$7,588
21 MPG
227 @ 5000 RPM
5-Cyl, Turbo, 2.5 Liter
32.3 cu ft
236 lb-ft
7.1 seconds
140 mph
3570 lbs
See Full Specs for All 2008 Volvo V50 Styles
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2008 Volvo V50 Depreciation

A 2008 Volvo V50 has depreciated $594 or 12% in the last 3 years and has a current resale value of $4,034 and trade-in value of $2,002.

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2008 Volvo V50
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2008 Volvo V50 Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2022
$278
$4,628
$2,620
2023
$372
$4,256
$2,208
2024
$245
$4,011
$1,958
Now
+ $23
$4,034
$2,002
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2-Year Forecasted Depreciation

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

2008 Volvo V50 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.


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Specifications

Dimensions, Weights & Capacities

Curb Weight
3321 lbs.
EPA Passenger
92.7 cu.ft.
EPA Total Interior
125.0 cu.ft.
Fuel Capacity
15.9 gallons
Front Head Room
38.9 inches
Front Leg Room
41.6 inches
Max Seating Capacity
5
Minimum Ground Clearance
5.3 inches
Overall Length
178.0 inches
Front Shoulder Room
55.2 inches
Towing Capacity, Maximum
2000 lbs.
Trunk or Cargo Capacity
32.3 cu.ft.
Turning Diameter
34.9 feet
Wheel Base
103.9 inches
Width with mirrors
79.6 inches

Exterior

Alloy Wheels
Available
Fog Lights
Available
Number of Doors
4 doors

Fuel Economy

City
20 mpg
Highway
28 mpg
Combined
23 mpg

Mechanical

Drivetrain
FWD
Transmission Type
Automatic
5 speed
Available
Recommended Fuel
Premium

Performance

Horsepower
168 @ 6000 RPM
Torque
170 @ 4400 rpm
Engine
5-Cyl, 2.4 Liter
0 to 60
8.5 seconds
Top Speed
134 mph

Warranty

Basic
4 years / 50000 miles
Powertrain
4 years / 50000 miles
Corrosion
10 years / 100000 miles

Entertainment

  • CD Player

Interior

  • Leather-Wrapped Steering Wheel
  • Power Windows
  • Rear Window Defroster
  • Steering Wheel Controls
  • Tilt Steering Wheel
  • Tilt/Telescoping Steering Wheel

Seating

  • Leather Seats
  • Folding Rear Seat
  • Cloth Seats

Security

  • Alarm System

Technology

  • Cruise Control
  • Remote Keyless Entry

2008 Volvo V50 Safety

2008 Volvo V50 Safety Technology

  • Child Door Locks
  • Child Seat Anchors
  • Driver Airbag
  • Integrated Child Seat
  • Passenger Airbag
  • Stability Control
  • Traction Control
  • Blind-Spot Alert
  • Driver Knee Airbag
  • Front Head Curtain Airbag
  • Front Side Airbag

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See Details
Price
$5,388
$4,833
$5,063
$4,742
KBB.com Rating
N/A
3.7
N/A
N/A
Consumer Rating
4.5
4.1
4.4
4.0
Fuel Economy
City 20/Hwy 28/Comb 23 MPG
City 23/Hwy 30/Comb 26 MPG
City 20/Hwy 27/Comb 22 MPG
City 18/Hwy 24/Comb 21 MPG
Fuel Type
Gas
Gas
Gas
Gas
Seating Capacity5575
Basic Warranty
4 years or 50000 miles
5 years or 60000 miles
5 years or 60000 miles
3 years or 36000 miles
Horsepower
168 @ 6000 RPM
138 @ 6000 RPM
175 @ 6000 RPM
180 @ 5200 RPM
Engine
5-Cyl, 2.4 Liter
4-Cyl, 2.0 Liter
4-Cyl, 2.4 Liter
4-Cyl, Turbo, 2.4 Liter
Drivetrain
FWD
FWD
FWD
FWD

2008 Volvo V50 Rankings

FAQs

Is the 2008 Volvo V50 a good vehicle?

Yes, the 2008 Volvo V50 is a good car. Its Kelley Blue Book rating of 0 out of 5 is within 10% of our average rating.

What is the MPG for a 2008 Volvo V50?

2008 Volvo V50 city/highway fuel economy ratings range from 18/26 mpg to 20/28 mpg, depending on trim and equipment.

How much should a 2008 Volvo V50 cost?

Used 2008 Volvo V50 prices currently range from $5,388 for the 2.4i Sport Wagon 4D to $7,588 for the T5 Sport Wagon 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Volvo V50?

The cheapest 2008 Volvo V50 is the 2.4i Sport Wagon 4D, with a Kelley Blue Book Fair Purchase Price of $5,388.

Is the 2008 Volvo V50 reliable?

The 2008 Volvo V50 is part of the 1st-generation V50, which our owners give an above-average reliability rating of 4.6 out of 5.

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