My V70 is is the same situation (though not completely failed yet), so I will be following this thread closely.
Trying to work out the best option.
What kind of warranty do you get from the dealers, if any?
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 Currently 2001 V70 2.4 (170) & 97 S70 2.5 20V
Previous:98 V70XC Turbo,98 v70 2.5 10v, 87 744, 86 745, 94 945, 95 944, 96 850 T5, 95 945 se turbo, 95 965 3.0 24v, 97 v40 2.0i (and wishing i could have them all back...)
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