Special Editions
- 244 DLS (1977–78): Export model to the former German Democratic Republic with 264 grille. Total amount exported approx. 1000.
- 264 Top Executive (1975–81): A limousine version of the 264; many now reside in Germany as they were exported to the former German Democratic Republic for use by the government (which would neither use the small Trabant or Wartburg models nor import "Western" autos like BMWs and Mercedes-Benzes). As a result, the population called Wandlitz, the preferred home town of politicians, Volvograd.
- 262C/Coupé by Bertone (1978–81): This had custom body work and interior from Bertone. The exterior coachbuilding of these two-door saloons consisted of a chopped roof (2.25in shorter than 242) and a more raked windscreen. The 1980 & 1981 models were badged Coupé instead of 262C. These cars were further characterised by additional Bertone badges on the front wings. Mostly built in left hand drive form, right hand drive vehicles are very rare.
- 245 T (Transfer) (1977-early 1980s): An un-proportionately styled extended wheelbase station wagon designed to have additional rows of seats for use as taxi or rural school bus
- 242 GTX (Early 1980s) : A special model released in Sweden. Featured U.S quad sealed beam headlamps, turbo rims, and other minor cosmetic trim (mainly USA spec). Powered by a special 16-valve, dual carburetor engine, it developed 170 kW (231 PS; 228 hp) at 7500 rpm and was coupled with an M46 Manual transmission.
- 242 GT (1978–80): Sport model with race suspension and a high-compression engine. All US models were Mystic Silver Metallic with black and red racing stripes going from the hood to the side to the trunk. Special black corduroy interior with red stripes. Canadian models were available in black with red pinstripes along the side of the car, in addition to the US model silver.
- GLT-Turbo (1981–85): Replaced the GT as the sporty model, equipped with a turbocharged engine, with an intercooler from mid-84. 2-door model available 1981–1984; sedans available late 1981-early 1985 and wagons available 1982-early 1985. Came with new black trimming as opposed to the popular chrome trimming found on the GLs (Grill, door trim, door handles, tail light sills & lens dividers). All came factory stock with 15" Virgo alloy wheels.
- GLT (1981–82): Standing for "Grand Luxe Touring," these models shared the uprated suspension, blacked-out exterior trim, and 15" Virgo alloy wheels of the GLT-Turbo model, but with a naturally aspirated powertrain.
- 244/240 GLE (1981–85) Australian market: Due to the problems with fitting a turbocharger to a RHD vehicle the Turbo model was rebadged a GLE and retained all the backed-out trim and high-end interior fittings of the turbo models but were equipped with the B23E then B230E engines most frequently mated to the BW55 until 1983 then trh AW71 for 1984–1985.
- 242 Group A Homologated Turbo (1983): 500 models built to satisfy production requirements to qualify for Group-A sedan class racing in Europe; all were sold to Volvo of North America and approximately 30 were returned to Europe for racing; all of these cars had flat hoods not otherwise seen on North American 240s, as well as numerous and substantial performance and suspension upgrades ranging from larger radiators and intercoolers to water injection and large rear spoilers
- 240 SE (1991): Special alloy wheels, all-black grille and trim. Roof rails on wagon model.
- 240 (Super) Polar (1991–1992): European markets only; commonly found in Italy.
- 240 Classic (1992–93): European markets from the 1992 model year. For the North American market, only 1,600 were produced in April and May 1993, half wagons and half sedans. European Classics have fully equipped interior with wood dash trim and "Classic" badges on hatch/decklid. In addition to the European equipment, the 1,600 North American Classics have body-matched painted grilles and side mirrors, special 14" alloy wheels, production-number plaque in dash, and special paint colors — ruby red or metallic dark teal green.
- 240 GL (1992): North American market. Slightly different from the early 1975–1989 GL model, more like the 1993 Classic and the 1991 SE model. Only available in 244 sedan bodystyle.
- 240 Torslanda (1993): Very few of these special models were made. They were made primarily for use in Sweden, as they were specially equipped for surviving snow and ice in freezing winters. These cars can be identified by Torslanda badging, tinted windows, plastic exterior trim (as opposed to chrome, which will rust in snowy conditions), multi-spoke 15" alloy wheels, and full-length body striping above the rocker panels. The interior featured only the bare minimum of extras with no electric mirrors, windows, cruise control, air conditioning nor leather upholstery. Because the freezing temperatures could cause luxurious accessories to break down more often than usual, the only features were heated front seats, power steering and the standard heating systems. The Torslanda was sold outside of Sweden as a limited run special edition to mark the rundown of 240 production.
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