There are a couple of sporty offerings [1] from their in-house tuning company, Polestar (like AMG for Mercedes, etc.). And the 240 Turbo is still a entry-level

There are a couple of sporty offerings [1] from their in-house tuning company, Polestar (like AMG for Mercedes, etc.). And the 240 Turbo is still a entry-level rally favorite in Scandinavia. You can easily get 300 bhp, 50/50 weight distribution, manual shift and rear-wheel drive in a '94 model for about $6000, then spend about $1500 prepping it for the entry level rally class. (There is an even cheaper rally class called "Folkrally", where there is a rule to keep the cost down that says at the end of the race, anyone can offer to buy your car for $1700, and you're not allowed to refuse or you lose your rally licence.) [1] http://www.volvocars.com/us/cars/new-models/s60/s60-polestar http://www.volvocars.com/us/cars/new-models/s60/s60-polestar