The P3 V70 isn't quite the best Volvo made as it's got a few Ford bits on it but yes 200k is not just achievable - it's routine for many. The D5 is Volvo's own engine with Volvo's own gearbox (manual) or a Aisin one (Auto).
Try and get one with full dealer history, there are a few out there. If it's an auto - get the gearbox fluid changed (cost circa £250) then just stick to normal servicing - maybe drop the interval to 15k.
You should easily get to 200k, but you might have a few wheel bearings and suspension bushes along the way.
There's a few around so look for a later car with Sensus navigation rather than the old pop up Sat Nav and Xenon headlights (standard on LUX models) are definitely worth having.
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2011 XC90 D5 Executive
2003 C70 T5 GT
2012 Ford Ranger XL SC
1977 Triumph Spitfire 1500
1976 Massey Ferguson 135
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