Most class rivals have V6 engines and are a bit quicker and more refined than the S40/V40. Still, the turbo four provides brisk takeoffs and good midrange punch. Little turbo-related throttle lag is evident at higher speeds. A V40 wagon accelerated to 60 mph in just 8.3 seconds. Downshifts from the four-speed automatic transmission are generally prompt, but expect some hesitation in full-throttle kickdowns from midrange speeds and a little jerkiness in some part-throttle shifts. Early test cars averaged 21 mpg in performance testing, which is fair for their weight and power. Premium fuel is required. Despite a relatively short wheelbase, the ride is supple and comfortable. Sharp bumps do register, but the suspension copes well with large ruts and humps--albeit with occasional floatiness. Handling and roadholding are good. Even the wagon corners with predictable grip and moderate body lean. Precise steering and powerful brakes also enhance confidence, but the wagon's tail tends to drift slightly in simulated panic stops. Road and wind noise are well managed. The engine is quiet in top-gear cruising, but hard acceleration induces exhaust boom and intake growl. Seating is comfortably supportive, with ample space forward. Rear leg and foot room are almost subcompact-class and head room is tight for those over 5-foot-7. Moving front seats more than halfway aft inhibits entry/exit, as do narrowish rear doors. Visibility is slightly hindered by rear headrests. Gauges are clear and controls handy. The sedan's roomy trunk has usefully low liftover, but the small opening may prevent loading of bulky objects. The wagon's load deck is fairly wide but not that long, and its cargo cover is too short.

Value for the Money
While delivering a generally solid driving feel, the S40/V40 do not have the same quality of interior materials or detailed workmanship as Swedish-built Volvos. Fully equipped models get a bit pricey, impairing overall value. An Acura TL or Infiniti I30/I35 is roomier, quicker, and more refined.