At a glance
The coral arc spans the family, from its mildest version to its wildest.24510111213
- Engine
- 2.0–2.3 L gasoline I4s, turbo or non-turbo; 2.4 L diesel I6s5
The story
Launched in 1984 as a cheaper four-cylinder companion to the 760, the 740 filled the gap above the 240. A wagon followed in 1985, making practical use of the square body for hauling luggage.3456
Show the numbers
| Year | What happened |
|---|---|
| 1966–1974 | Volvo 140 Series |
| 1974–1993 | Volvo 200 Series / 240 |
| 1984–1992 | Volvo 740 (744 / 745) |
| Introduced 1990 | Volvo 940 |
| 1975 | Frisinger and Gustavsson start NV80 |
| 1978 | Project 1155 survives the boardroom |
| 1984 | 740 fills the gap below the 760 |
| 1985 | The wagon debuts in two cities |
| 1989 | Volvo's first multi-valve engine |
| 1990 | Generation 3 boost at 1800 rpm |
| 1990 | 940 arrives; the 740 stays on |
| 1991 | SE adds a factory body kit |
| 1992 | Production ends on October 2 |
- 1975
Frisinger and Gustavsson start NV80
The 740/760 development program begins as NV80 and NV81, led by Hakan Frisinger and Hans Gustavsson, with reliability and fuel economy high on its list.4
- 1978
Project 1155 survives the boardroom
Financial trouble puts the future 740/760 program in doubt. In spring 1978, Volvo's board lets Project 1155 continue because development is already far along.4
- 1984
740 fills the gap below the 760
The 740 arrives as the 760's cheaper four-cylinder companion, sharing its bodywork while trimming the equipment list.34
- 1985
The wagon debuts in two cities
The wagon premieres at Toronto and Chicago in February 1985. Its square body makes the cargo space easier to use.56
- 1989
Volvo's first multi-valve engine
Shown at Geneva in 1988, the B234 16-valve arrives for model year 1989 with peak power close to the Turbo.5
- 1990
Generation 3 boost at 1800 rpm
New 780-style taillights accompany the 740 Turbo's small turbine: full boost at 1800 rpm and 60 mph in 7.2 seconds with the 162-hp automatic.57
- 1990
940 arrives; the 740 stays on
September brings the 940, which carries over the 740's engine, gearbox and chassis. The 740 remains alongside it as a base model for 1991–1992.25
- 1991
SE adds a factory body kit
Late in 1991, the 740 SE pairs Turbo mechanicals with standard leather, a power sunroof and a color-matched factory body kit.5
- 1992
Production ends on October 2
Production stops on October 2, 1992. The 240 outlives the 740, remaining on sale until 1993.56
Every generation

Volvo 140 Series1966–1974 
Volvo 200 Series / 2401974–1993 
744 / 7451984–1992 
Volvo 940Introduced 1990
Power over the years
From 81 hp to 200 hp in 5 years.
Versions
12 versions worth knowing, with their power.
-
Standard
740 GL (Sweden)
1985–1989
-
Standard
740 GLE (Sweden)
-
Standard
740 Diesel / Turbodiesel
-
Performance
740 GLT
-
Performance
740 Turbo Intercooler
-
Performance
740 GLT 16 Valve / GLE 16 Valve
-
Performance
740 2.0 Turbo Intercooler (B200ET)
158 hp -
Special
740 GL Black Line
1988
-
Standard
740 Polar
-
Special
740 Business Edition (Germany)
1991–1992
-
Special
740 SE
1991
-
Performance
740 Turbo 16V (B204FT)
197 hp
How to spot one
Look for
- Sedans have a square silhouette with almost upright rear roof pillars.25
- 740 bumpers lack the 760's chrome strips.2
- Through 1989, North American cars use small paired rectangular lights; European cars use large single units.2
- Facelift non-turbos have narrow headlights with L-shaped trim between the lights and grille.2
- Both sedan and wagon wear 740 lettering; 744 and 745 were internal designations.2
Year by year
- 1986 (Sweden)
GL/GLE gained full wheel covers; Turbo adopted five-spoke alloys and an egg-crate grille, losing its grille badge.1213
- 1987 (Swedish sedans)
A brake light appeared in the rear window.13
- 1988 (Swedish GLE)
Chrome grille, trim and door handles arrived; metallic-painted cars also received partly painted bumpers.15
- 1990
Turbo sedans gained 780-style taillights, smoother body panels and a more sharply angled grille.7
- 1990 (market dependent)
US cars dropped sealed beams; European Turbos gained wide lights with fog/high beams, while non-turbos used narrow lamps.2
- 1991–1992
Base cars adopted the 940's hood and front fenders; the 740 dashboard was revised for 1991.25
Don’t confuse it with

740 
Volvo 760 Volvo 940
940 sedans have a more sloping rear window and rounder body corners; the 740 sedan keeps upright rear roof pillars.5
Against its rivals
Prices
Show the numbers
| Year | Price | Amount | Detail |
|---|---|---|---|
| 1990 | Price when new | $26,840 | US Turbo sedan, base |
| 1990 | Price when new | $28,100 | US Turbo sedan, as tested |
| 2023 | Auction sale | $80,740 | 1988 Turbo wagon, ex-Paul Newman, 76k miles shown, Bring a Trailer |
| 2024 | Auction sale | $13,131 | 1989 740 Turbo wagon automatic, 53k miles shown, BaT |
| 2024 | Auction sale | $22,000 | 1991 740 Turbo wagon manual, 33k miles shown, BaT |
| 2024 | Auction sale | $8,200 | 1987 740 Turbo automatic, 60k miles shown, BaT |
| 2025 | Auction sale | $4,500 | 1990 GL sedan, 97k miles shown, Bring a Trailer |
| 2026 | Auction sale | $6,000 | 1990 Turbo 4-speed, 181k miles shown, Bring a Trailer |
| 2026 | Auction sale | $16,000 | 1985 Turbo, 38k miles shown, Bring a Trailer |
| 2026 | Auction sale | $9,100 | 1985 740 GLE LT1 wagon, 208k miles shown, BaT |
| 2026 | Value today | $4,500–$16,000 |
The rest of the story is in the app
The full file tells why each version matters, the legend behind the car and what to check before buying one.
Versions
- Why each of the 12 versions matters
Legend
- 14 stories from its legend
- “A 1989 Turbo wins the LeMonites”
- “A yellow 740 returns to Oregon Trail”
Generations
- The story of each of the 4 generations
Market
- 6 things to check before buying one
- Where prices are heading, and why
SPOT is free on iPhone. Full car files come with SPOT Plus.
Sources
Every fact on this page links to the source it rests on.
See all 31 sources
- Volvo 740 1984-1992 | classicvolvos classicvolvos.wordpress.com
- Volvo 740 – Wikipedia de.wikipedia.org
- Volvo 700 Series (1982-1992) - Details of Cars details-of-cars.com
- History 700-series • Volvotips volvotips.com
- Volvo 700 Series - Wikipedia en.wikipedia.org
- Volvo 740: Solide linjer bilnorge.no
- 1990 Volvo 740 Turbo Tested: Still Square But More Speedy caranddriver.com
- No Reserve: 1990 Volvo 740 Turbo 4-Speed for sale on BaT Auctions - sold for $6,000 on April 2, 2026 (Lot #236,150) | Bring a Trailer bringatrailer.com
- Buying A Used Volvo 700, 900 or 90 Series Car volvoclub.org.uk
- Volvo 740/760: Stor, sterk, svensk bilnorge.no
- No Reserve: 38k-Mile 1985 Volvo 740 Turbo for sale on BaT Auctions - sold for $16,000 on November 5, 2026 (Lot #272,446) | Bring a Trailer bringatrailer.com
- 740 TURBO 1984-1989 | classicvolvos classicvolvos.wordpress.com
- 740 GL 1985-1989 | classicvolvos classicvolvos.wordpress.com
- No Reserve: Single-Family-Owned 1990 Volvo 740 GL Sedan for sale on BaT Auctions - sold for $4,500 on March 5, 2025 (Lot #182,586) | Bring a Trailer bringatrailer.com
- 740 GLE 1984-1988 | classicvolvos classicvolvos.wordpress.com
- 740 GLT 16V 1988-1989 | classicvolvos classicvolvos.wordpress.com
- Volvo 140 Series - Wikipedia en.wikipedia.org
- Volvo 200 Series - Wikipedia en.wikipedia.org
- Jan Wilsgaard – Vater der Ziegelsteine - Volvo Cars News volvocars-news.ch
- Ex–Paul Newman Modified 1988 Volvo 740 Turbo Wagon 5-Speed for sale on BaT Auctions - sold for $80,740 on March 17, 2023 (Lot #101,261) | Bring a Trailer bringatrailer.com
- Paul Newman's 1988 Volvo Station Wagon Is Today's Auction Pick caranddriver.com
- ‘Luther’ Easter Eggs and References in ‘Luther: The Fallen Sun’ - Netflix Tudum netflix.com
- Luther: Idris Elba gives an oral history of the series | British GQ gq-magazine.co.uk
- Individual Results - 24 Hours of LEMONS 24hoursoflemons.com
- Chase Hovinga and Shelly Smith's incredible story americanrallyassociation.org
- Volvo > Essai volvo 740s turbo diesel a la chasse aux prejuges larevueautomobile.com
- Tested: Old Volvo Wagons Are a V-8 Swap from Serious Speed caranddriver.com
- No Reserve: LT1-Powered 1985 Volvo 740 GLE Wagon for sale on BaT Auctions - sold for $9,100 on January 18, 2026 (Lot #226,854) | Bring a Trailer bringatrailer.com
- No Reserve: 1989 Volvo 740 Turbo Wagon for sale on BaT Auctions - sold for $13,131 on November 16, 2024 (Lot #170,901) | Bring a Trailer bringatrailer.com
- No Reserve: Original-Owner 1991 Volvo 740 Turbo Wagon 4-Speed for sale on BaT Auctions - sold for $22,000 on March 19, 2024 (Lot #140,164) | Bring a Trailer bringatrailer.com
- No Reserve: Single-Family-Owned 1987 Volvo 740 Turbo for sale on BaT Auctions - sold for $8,200 on February 27, 2024 (Lot #137,755) | Bring a Trailer bringatrailer.com
- classicvolvos.wordpress.com
- de.wikipedia.org
- details-of-cars.com
- volvotips.com
- en.wikipedia.org
- bilnorge.no
- caranddriver.com
- bringatrailer.com
- volvoclub.org.uk
- volvocars-news.ch
- netflix.com
- gq-magazine.co.uk
- 24hoursoflemons.com
- americanrallyassociation.org
Photo credits
- Photo: Rudolf Stricker, CC BY-SA 3.0, via Wikimedia Commons
- Photo: Rutger van der Maar, CC BY 2.0, via Wikimedia Commons
- Photo: IFCAR, Public domain, via Wikimedia Commons
- Photo: Ypsilon from Finland, CC0, via Wikimedia Commons
- Photo: Rudolf Stricker, CC BY-SA 3.0, via Wikimedia Commons
- Photo: User3204, CC BY-SA 4.0, via Wikimedia Commons
- Photo: Johannes740, CC BY-SA 3.0, via Wikimedia Commons
- Photo: Spanish Coches, CC BY 2.0, via Wikimedia Commons
- Photo: David Wright, CC BY 2.0, via Wikimedia Commons
- Photo: Johannes740, CC BY-SA 3.0, via Wikimedia Commons
- Photo: nakhon100, CC BY 2.0, via Wikimedia Commons
- Photo: OSX, Public domain, via Wikimedia Commons
