The 2008 Volvo V50 is a luxury vehicle in the truest sense of the word, wrapped in a convenient, utility-based Wagon platform. Available in 2.4-liter or 2.5-Turbocharged configurations, the V50 comes nicely equipped with both luxury amenities and safety features. The base engine is a 168 horsepower 2.4-liter inline 5-cylinder with a 5-speed Geartronic automatic transmission and FWD. The 2.5T comes equipped with a 218 horsepower 2.5-liter turbocharged inline 5-cylinder with a 5-speed Geartronic automatic transmission and your choice of FWD or AWD. ABS is standard.