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Volvo S60 2.4 P2

2000-2009Last reviewed: April 2026 · How this report is builtApril 2026

2000-2009 · 2.4L B5244S/S2 5-cylinder naturally aspirated petrol (140-170 hp)

The first-generation S60 was Volvo's entry into the sport sedan segment, built on the sturdy P2 platform shared with the V70 and S80. The naturally aspirated 2.4-litre five-cylinder is considered the most reliable engine choice in the range, offering smooth power delivery without turbo-related complexity. Well-maintained examples regularly exceed 300,000 km.

Robust naturally aspirated engine Affordable parts and good availability
PCV system clogs causing oil leaks ABS module failure is common
Buy if: You want a comfortable, safe sedan with a proven engine and can find one with service history showing PCV and timing belt maintenance.
Avoid if: You need trouble-free electrics or plan to buy a 2000-2002 model without confirming the ETM has been replaced.
Expected Annual Maintenance Costs
€800 - €1,450/year
15,000 km/year
Fixed costs
€450-750
Risk buffer
€350-700
Common Problems
Mechanically solid but electrical and PCV systems need attention
The 2.4 naturally aspirated engine is one of the most reliable Volvo powertrains of this era, with many examples exceeding 300,000 km without major engine work. The main concerns are platform-related rather than engine-specific: PCV system clogging, ABS module electronics, and CEM water damage. Early 2000-2002 models have the additional ETM risk. Automatic transmission cars should have their AW55-50 fluid changed regularly. Manual gearbox versions are generally more reliable. Most issues are well-documented with affordable repair options available through specialists.
Pre-Purchase Inspection Checklist
General checks
Specific for this vehicle
Recalls and Technical Service Bulletins
Driver airbag inflator rupture risk (2001-2009 S60, ZF inflator) Critical - verify completed
Electronic Throttle Module software update (2000-2002 models) Verify completed
Fuel line connector leak (certain 2001-2003 models) Verify completed
Seat belt anchor cable fatigue (selected production periods) Verify completed
The driver airbag inflator recall (not Takata, but ZF-manufactured) is critical and affects all 2001-2009 S60 models worldwide. One fatality has been linked to this defect. Contact Volvo with the VIN to verify this recall has been completed before purchasing.
Warranty Status
Factory warranty (2 years) Expired on all P2 S60 models
ETM extended warranty (10 years) Expired - was only offered in certain markets
Rust perforation warranty (12 years) Expired on all but latest 2009 models
All P2 Volvo S60 models are well outside their original factory warranty. The ETM extended warranty programme (where offered) has also expired. Volvo's 12-year rust perforation warranty may technically still apply to 2009 models but requires proof of proper maintenance.

↔ Also consider

Volvo S60 T5 2010-2018 Next generation with turbocharged five-cylinder. More power but adds turbo complexity. Oil trap and timing belt issues persist. BMW 320i E46 2000-2005 Direct competitor with inline-6. More engaging to drive but cooling system and VANOS are costly weak points. Mercedes-Benz C200 Kompressor W203 2000-2007 Similar age premium sedan. M271 timing chain is a more serious risk than the S60's issues. Higher repair costs overall. Volvo V70 D5 P2 2000-2007 Same P2 platform in estate form with diesel engine. Shares ABS and CEM issues but adds DPF and injector concerns. Volvo C30 T5 2006-2013 Smaller Volvo with turbocharged five-cylinder. More fun to drive but turbo and higher-revving engine increase risk and running costs.

This report is for informational purposes only and does not constitute professional advice. Estimates may be inaccurate. Always have a qualified specialist inspect the vehicle before purchase. We accept no liability for decisions made based on this information.