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Description
According to the seller, this car was restored by a previous owner with strong connections within the Volvo community, which made it possible to source rare parts during the restoration and ensured a high level of expertise in both bodywork and paint.
The car feels solid and tight in the chassis and runs well. No squeaks or rattles from loose panels were noticed during the test drive. Equipment includes power steering, tachometer, overdrive operated via a button on the gear lever, front spoiler, and a special corduroy-like fabric interior. The original aluminum wheels are included but will need refurbishment to match the otherwise excellent condition of the car.
The engine block has been replaced with a B23 unit. The original B21 block is included, as is a rear axle believed to have originally come from this car but later replaced with one offering better gearing. The now very rare air pump for the space- and weight-saving spare tire is still present and hums along nicely when connected to the 12-volt socket.
Owner’s manual and service book are included, as well as the supplementary 242 GT manual and instructions for the air pump. A binder with various additional information is also included.
Not included in the auction: a 405 cylinder head with H camshaft, as well as the sought-after Volvo R-Sport instrument panel, which can be purchased separately from the seller.
The car feels solid and tight in the chassis and runs well. No squeaks or rattles from loose panels were noticed during the test drive. Equipment includes power steering, tachometer, overdrive operated via a button on the gear lever, front spoiler, and a special corduroy-like fabric interior. The original aluminum wheels are included but will need refurbishment to match the otherwise excellent condition of the car.
The engine block has been replaced with a B23 unit. The original B21 block is included, as is a rear axle believed to have originally come from this car but later replaced with one offering better gearing. The now very rare air pump for the space- and weight-saving spare tire is still present and hums along nicely when connected to the 12-volt socket.
Owner’s manual and service book are included, as well as the supplementary 242 GT manual and instructions for the air pump. A binder with various additional information is also included.
Not included in the auction: a 405 cylinder head with H camshaft, as well as the sought-after Volvo R-Sport instrument panel, which can be purchased separately from the seller.
Free history (18)
Technical data
Year
1978/1978
Registration date
1978-06-29
Mileage
31000 mil
Kw / hp
90 / 122
Fuel Type
Petrol
Transmission
Manual
Interior finish
Textile
Colour
Silver
Condition
-
Mechanical condition
The car runs very well in both engine and drivetrain but can be a bit hard to start at times — a proper service should be able to sort this out. The left brake light has an intermittent connection, and the reverse light is not working. The temperature gauge shows a slightly high reading during normal driving; worth checking, although the seller has not experienced any actual overheating issues.
-
Interior condition
Good condition overall, with only a loose thread visible on the driver’s seat cushion and a detached speaker grille on the right door. The only real sign of the car’s mileage is that the front seatbelts are slightly fuzzy on the surface.
-
Exterior condition
Very good paintwork. There’s a light scratch on the left rear fender and one on a bumper. The tow hitch and its electrical connection are not installed.
-
General condition
A car in very good condition that could become even better with a service and a bit of attention to detail.
MOT (tech. insp.)
Fordonsstatus: Itrafik 2022-07-05
Ursprungsbesiktning: 1978-01-16 (regbes) (Ombes:19800603)
Datum i trafik första gången: 1978-06-29
Senast godkända besiktning: 2025-10-10
Besiktigad tom: 2025-10-10
Skattebefriad: Ja
Körförbud: Nej
Antal ägare: 10
Ursprungsbesiktning: 1978-01-16 (regbes) (Ombes:19800603)
Datum i trafik första gången: 1978-06-29
Senast godkända besiktning: 2025-10-10
Besiktigad tom: 2025-10-10
Skattebefriad: Ja
Körförbud: Nej
Antal ägare: 10
Facts about the model
The model was introduced in 1978 and was sold in Sweden for only two years before being replaced by the 240 Turbo.
The 242 GT was popular in the U.S. and Canada, where it continued to be sold as model years 1980 and 1981. In its final year — 1981 — buyers in those markets could also get the car in black with red exterior stripes, along with the Turbo’s wheels and front spoiler.
In Sweden, the 242 GT was considered too expensive — almost 30% pricier than a standard 242 DL (though still 20% cheaper than the 262 Bertone coupé, which had only 10 more horsepower from its six-cylinder engine). Today, the 242 GT is arguably the rarest and most sought-after of all Volvo 240 models among collectors.
The 242 GT was popular in the U.S. and Canada, where it continued to be sold as model years 1980 and 1981. In its final year — 1981 — buyers in those markets could also get the car in black with red exterior stripes, along with the Turbo’s wheels and front spoiler.
In Sweden, the 242 GT was considered too expensive — almost 30% pricier than a standard 242 DL (though still 20% cheaper than the 262 Bertone coupé, which had only 10 more horsepower from its six-cylinder engine). Today, the 242 GT is arguably the rarest and most sought-after of all Volvo 240 models among collectors.
Location and viewing Information
Location: Strängnäs
For viewing the vehicle, contact the inspector/case manager:
Johan Ålander
+46 705-80 91 17
johan@bilwebauctions.se
For viewing the vehicle, contact the inspector/case manager:
Johan Ålander
+46 705-80 91 17
johan@bilwebauctions.se
Pick up
Collection must take place before: 2026-03-25.
NOTE! Payment (deposit to our account) must be made within 5 days and before collection.
NOTE! Payment (deposit to our account) must be made within 5 days and before collection.
Auction information
General information about the condition of the vehicles .
- At this auction, many vehicles have been included in car collections and have been stored (mothballed) for a long time. For this reason, they are described from a collector's perspective and may need technical reviews and maintenance service - oil, battery replacement, new tires, brake review, etc. - before they can be used. .
- During the auction days information about a vehicle may be updated up to the day before the auction ends. When you bid at the end of the auction period - and also if you have made an earlier bid - we therefore ask you to read the descriptions carefully, in case something has been changed due to new information.
Important to know before placing your bids!
- Once you have called in an item and the reservation price is reached we want you to deposit the entire purchase amount into our client funds account before retrieval can take place.
- When you need to retrieve a called in object we want you to examine it carefully. If you consider that the item does not match our description you do not need to complete the purchase. In this case the deposited purchase sum and the entry fee are refunded.
- If you do not examine the item on the spot the call charge will be debited, but you do not have to complete the deal.
- If you make the entire purchase exclusively at a distance you have 14 days to cancel, but must return the item at your own expense.
- Your shipping costs and other costs are not reimbursed when the right of withdrawal is exercised. Swedish court applies.
- For items that have not been collected within 14 days storage costs may be charged.