The Volvo 240 Turbo Wagon is all of the above, but you can add "fun" to the description, too. The engine is a SOHC 2127cc I4, turbocharged with a Garrett turbo and an intercooler. Pretty simple, but it turns the boxy people mover into a really fun and fast car. 60 MPH comes in less than 10 seconds (I found a few claims of 8 seconds while researching this.) The suspension is simple too, with the rear being a live axle located by trailing arms and a panhard rod. It has front and rear sway bars and gas shocks. Again, simple, but it works well.
Volvo did very little to the body other than some blackout trim and adding some very nice looking (but fragile) wheels. That's what makes this car so cool... No one will know what you have and what this car can do.
This car is in very good condition. It has a few minor issues, but nothing that would prevent you from driving it the minute you bought it. The seller has maintained it well.
If I had the spare cash, this would be a car I'd buy in a heartbeat (or one like it). It's safe, reliable and looks like, well, an old Volvo. I'd put a dog in the backseat, stick one of those magnetic soccer balls on the liftgate and be completely invisible. This is the perfect sleeper.
Located in New York, NY, click here to see the eBay listing.
Turbobricks.com is a site dedicated to high performance Volvos. It's an interesting site, especially the very active forum. You can find it here.