Hi,
I bought the P3 2008 model after it made more sense to upgrade than repair the said gearbox issue in my 2001 V70.
In my mind, the V70 is same as XC70 without AWD.
A friend had the P2 XC70 when I had my V70 and they were very similar.
P3 is a better car and seems more refined (possibly just because it was newer and less miles)
Mine now has 200k+ km / 125k+ miles and is still great.
Incidentally, my friend that had the P2 XC70 upgraded to the 2016 P3 XC70.
Comparison between the the first 2008 and last 2016 models is they are very similar.
I have towed a large camper (1650 kg / 3600 lbs) without issue however the springs sagged a fair bit with 160 kg / 350 lbs ball weight.
If it fits your budget get the last 2016 model.
If not, look at 2010 or newer as they made improvements to the model after the first release.
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Current: 2008 XC70 D5
Previous Volvos: 140, 240s, 440s, S40, V70s
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