Gallonly
2004 Volvo C70 HPT
Shown: 2004 Volvo C70 HPT. Photo: Elise240SX, CC BY-SA 4.0, via Wikimedia Commons
  • Newest year: 2004
  • Gas
  • Small cars

2003-2004 Volvo C70 MPG & Fuel Cost

2 model years · 19–20 MPG combined

20 MPG
Combined
17 MPG
City
24 MPG
Highway
Annual fuel cost · Convertible 2.3L 5-cyl turbo FWD
$4,020

15,000 mi/yr · premium gasoline $5.36/gal (U.S. average, Sep 2026)

Cheaper to fuel than 3 of 10 small car configurations, MY2004. Ranked against all rated configurations, not sales-weighted.

2003-2004 Volvo C70 at a glance

The 2003-2004 Volvo C70 covers 2 model years in the EPA database (6 configurations in all), rated 19–20 MPG combined. The newest model year, 2004, costs about $4,020 a year to fuel for its most efficient version, the Convertible 2.3L 5-cyl turbo FWD (20 MPG), at premium gasoline $5.36/gal (U.S. average, Sep 2026). EPA changed the ratings in 2004.

EPA re-estimated ratings of 1985-2007 vehicles under its 2008 method; these figures are the re-estimated values.

2003-2004 Volvo C70 by model year

2003-2004 Volvo C70: EPA combined rating and yearly fuel cost for each model year
Model yearPowertrainsCombined$/yrEPA ratings
2004 Gas 19–20 MPG $4,020–$4,230 Ratings changed
2003 Gas 20 MPG $4,020 First year

What the 2004 Convertible 2.3L 5-cyl turbo FWD costs to drive

Per month

$335

$4,020 a year ÷ 12

Per 25 miles

$6.70

Per 100 miles

$26.80

Five years

$20,100

5 × the yearly cost, prices held at today's level

vs the small car median

$370more a year

Class median $3,650 a year, MY2004

Based on 15,000 miles a year and premium gasoline $5.36/gal (U.S. average, Sep 2026).

2004 Volvo C70 MPG

EPA re-estimated ratings of 1985-2007 vehicles under its 2008 method; these figures are the re-estimated values.

Versus 2003: The most efficient configuration stays at 20 MPG. Its annual cost stays at $4,020.

Gas · 2.3L, 2.4L
Combined
19–20 MPG
Per year
$4,020–$4,230

Gas configurations (3)

2004 Volvo C70 gas configurations: EPA ratings and annual cost
TrimEngineDriveCityHwyComb.$/yr
Convertible 2.3L 5-cyl turbo FWD Manual 5-spd (Most efficient) 2.3L 5-cyl turbo FWD 17 24 20 $4,020
Convertible 2.3L 5-cyl turbo FWD Automatic 5-spd 2.3L 5-cyl turbo FWD 16 23 19 $4,230
Convertible 2.4L 5-cyl turbo 2.4L 5-cyl turbo FWD 16 25 19 $4,230

3 configurations require or recommend higher-octane gasoline and are costed at premium gasoline $5.36/gal (U.S. average, Sep 2026).

2003 Volvo C70 MPG

20 MPG · $4,020/yr

EPA re-estimated ratings of 1985-2007 vehicles under its 2008 method; these figures are the re-estimated values.

Gas · 2.3L, 2.4L
Combined
20 MPG
Per year
$4,020

Gas configurations (3)

2003 Volvo C70 gas configurations: EPA ratings and annual cost
TrimEngineDriveCityHwyComb.$/yr
Convertible 2.3L 5-cyl turbo FWD Automatic 5-spd (Most efficient) 2.3L 5-cyl turbo FWD 18 24 20 $4,020
Convertible 2.3L 5-cyl turbo FWD Manual 5-spd 2.3L 5-cyl turbo FWD 17 24 20 $4,020
Convertible 2.4L 5-cyl turbo 2.4L 5-cyl turbo FWD 17 24 20 $4,020

3 configurations require or recommend higher-octane gasoline and are costed at premium gasoline $5.36/gal (U.S. average, Sep 2026).

Fuel cost by state

Yearly cost of the Convertible 2.3L 5-cyl turbo FWD: $4,790 in California and $3,480 in Texas, a $1,310 difference.

Gasoline prices: California: California state average; Washington: Washington state average; New York: New York state average; Florida: Florida state average; Texas: Texas state average (Sep 2026).
Fuel cost in every state

Similar cars

Closest combined MPG among MY2004 small car models.

EPA ratings: fueleconomy.gov file of Sep 29, 2026 · Prices: EIA regular gasoline, U.S. average, Sep 2026 ($4.36/gal) · 15,000 mi/yr, 55% city / 45% highway · How we calculate

Generations

Frequently asked questions

What gas mileage does the 2003-2004 Volvo C70 get?

EPA rates the 2003-2004 Volvo C70 at 19–20 MPG combined across 6 configurations and 2 model years. The most efficient version, the 2004 Convertible 2.3L 5-cyl turbo FWD, is rated 20 MPG (17 city, 24 highway).

Which years had the best MPG in the 2003-2004 Volvo C70?

Every model year of the 2003-2004 Volvo C70 tops out at 20 MPG combined, so no year is better than another.

Did EPA ratings change during the 2003-2004 Volvo C70?

Yes. Ratings changed in 2004.

How does the 2003-2004 Volvo C70 compare with the previous generation?

The previous generation (2000-2002 Volvo C70) is rated 19–21 MPG combined and costs $3,830–$4,230 a year to fuel; the 2003-2004 model is rated 19–20 MPG and costs $4,020–$4,230 a year.

How much does it cost to fuel a 2004 Volvo C70 per year?

Driving 15,000 miles a year at premium gasoline $5.36/gal (U.S. average, Sep 2026), the Convertible 2.3L 5-cyl turbo FWD costs about $4,020 a year. Across all 3 configurations the cost runs $4,020–$4,230 a year. That is a $210 difference between the cheapest and the costliest configuration.

How much does it cost to drive a 2004 Volvo C70 100 miles?

About $26.80 per 100 miles for the Convertible 2.3L 5-cyl turbo FWD at premium gasoline $5.36/gal (U.S. average, Sep 2026), and between $26.80 and $28.20 across all configurations. That is the annual cost over 15,000 miles divided by 150.

Is the 2004 Volvo C70 more efficient in the city or on the highway?

The Convertible 2.3L 5-cyl turbo FWD is rated 17 city and 24 highway MPG, so it is more efficient on the highway, by 7 MPG.

How does the 2004 Volvo C70 compare with other small car configurations?

The Convertible 2.3L 5-cyl turbo FWD costs about $4,020 a year to fuel, $370 more than the class median of $3,650, and less than 3 of 10 small car configurations. The comparison covers all 356 rated small car configurations for MY2004, not weighted by sales.

Is the 2004 Volvo C70 different from the 2003 model?

The most efficient configuration stays at 20 MPG. Its annual cost stays at $4,020. EPA lists 3 configurations for 2004 against 3 configurations for 2003. See the 2003 Volvo C70 for that year.