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FWIW - with the reference about 850's I5 engines now going past 200k, I read in a shop manual download for the '95 850, that the engine was designed for what I would guess as an average life expectancy of 200k.
I would suspect that a well taken care of the white block will easily see 300K with minimal problems. I talked to a Volvo engineer back in the eighties and he told me the red blocks(I4) were quarter million mile motors. I suspect the I5's and I6's are just as stout motors.