At the risk of upsetting p2 V70 owners, I'd say look out for a decent phase 1 - the 1997 to 2000 model with the more square shape. I had one that got me from 53,000 to 293,000 without any hassle at all. I wish I had never sold it.
Unless you want the performance the 140bhp 10v engine is a very very good engine. Simple, tough, reliable, long-lasting. Mine was an auto, which made it a positive joy to drive.
The earlier car has far less in the way of fancy electronicals, and it was a proper Volvo, not a Ford.
The third row of seats can be added to any V70, so don't worry too much about finding one that already has this. Bear in mind that these seats are only suitable for children, and you lose a lot of boot space when they are in use.
Your £1500 should buy you one and leave some change.
Don't be put off by high miles either. Properly looked after these cars will run to huge mileages.
Jack
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