My 1992 940GL failed the Maryland emissions test. To correct the problem, I took it to three separate "Volvo specialists," including my local dealership. All three told me the catalytic converter needs to be replaced and quoted me between $800 and $1100 for the part alone.
However, when I do a search on-line for an OEM part, the prices go for around $200 dollars. This makes me think that OEM parts are significantly different from genuine volvo parts.
However, according to what I've heard, and this site in particular:
Thanks,
- Ray
P.S. How could I tell if my catalytic converter needs an EGR valve?