what it costs new, what it’s worth used, and who has one near you.
The 2008 Volvo V50 is a vehicle we track across the used market in Canada. Below is what it costs new, what it's worth used, and who has one near you — figures we update from our daily market scan.
Fuel economy & range: Natural Resources Canada (Open Government Licence — Canada). Safety recalls & owner-reported complaints: US National Highway Traffic Safety Administration (public domain); complaint shares are a relative signal, not a failure rate. Prices, payments, depreciation, listing counts and dealer inventory: Conquest market data; payment estimates use market-average terms and are not an offer of credit. Independent service — not affiliated with or endorsed by Volvo.
Owner-reported problems and open safety recalls
Safety recalls
3 campaigns issued by the manufacturer
Steering · Hydraulic Power Assist · Hose, Piping, and Connections
VOLVO IS RECALLING MY 2008-2009 VEHICLES. A SECTION OF THE POWER STEERING RETURN LINE HOSE WAS NOT PROPERLY VULCANIZED (CURED) AND DOES NOT MEET SPECIFICATIONS. IF THE POWER STEERING RETURN HOSE FAILS, A SUDDEN RUPTURE OF THE HOSE CAN OCCUR.
Campaign 08V329000
Equipment · Electrical · Navigational System(global Positioning System)
VOLVO IS RECALLING CERTAIN VEHICLES EQUIPPED WITH GARMIN 760 PORTABLE GLOBAL POSITIONING SYSTEM (GPS) UNITS BECAUSE THE BATTERIES ON THOSE UNITS MAY OVERHEAT.
Campaign 10V566000
Structure · Body · Roof and Pillars
VOLVO IS RECALLING 7 MY 2008 V50 PASSENGER VEHICLES EQUIPPED WITH ROOF RAILS. BOLTS HAVE BEEN FOUND TO BE OUT OF SPECIFICATION. THIS HAS CAUSED LESS TREAD LENGTH ON THE BOLTS WHICH IN TURN HAS LEAD TO INSUFFICIENT CLAMPING FORCE IN THE JOINT DUE TO THE WASHER GETTING STUCK WHEN TIGHTENING THE BOLTS.
Campaign 08V197000
Recall campaigns are manufacturer-issued and fixed free of charge. This is the US campaign set matched by year, make and model — it is not a check against a specific VIN, and Canadian campaigns may differ.