2008 S40 - should i buy it?
I have an opportunity to buy a 2008 S40 T5 AWD from a relative and am unsure of what to do. It seems like a terrific car -- with only 15k miles on it --, but I have some reservations. Here they are:
-Warranty -- the factory warranty is only good for one more year. Then I'll be on my own. Are S40s expensive to repair/maintain? Anyone know of a good/affordable extended warranty?
-Gasoline -- I think the car is supposed to take premium or middle-grade fuel, but my relative has been using regular gas for the last three years. Can this cause damage to the engine?
-Gas mileage -- the car only gets 19 to 22 miles per gallon, which isn't so great for a small car. Is this normal? Or will this improve if I use higher octane fuel?
-Expense -- buying the Volvo from my relative will mean higher car payments than I'm making now. I'm hoping I won't get burned on service/maintenance/repairs in addition to paying the higher monthly note.
Any advice? Words of wisdom? Cautionary tales? All are appreciated!