Volvo ÖV 4
The car that started it all: Volvo's first production model, nicknamed 'Jakob'.
- Power
- 28 bhp
- Top speed
- 56 mph
- Est. value
- $180k–$250k
About the Volvo ÖV 4
The Volvo ÖV 4, standing for 'Öppen Vagn 4 cylindrar' (Open Carriage 4 cylinders), was the first series-produced car from the Swedish marque. Launched in 1927, it featured a body constructed from an ash and beech frame covered in sheet metal, finished exclusively in dark blue with black wings. While its open-top design was ill-suited to the harsh Swedish climate, it established Volvo's reputation for building robust, reliable vehicles. Its 1.9-litre side-valve engine was designed by co-founder Gustaf Larson, providing a modest but dependable 28 horsepower.
Volvo ÖV 4 specs
The Volvo ÖV 4 produces 28 bhp (21 kW) and 100 Nm (74 lb-ft) of torque. It has a top speed of 56 mph (90 km/h).
| Make | Volvo |
|---|---|
| Model | ÖV 4 |
| Trim | 2.0 |
| Years | 1927–1929 |
| Type | Classic |
| Body style | Coupé |
| Country | Sweden |
| Production | About 996 built |
| Engine | 1.9-litre side-valve inline-four |
|---|---|
| Displacement | 1,944 cc (1.9 litres) |
| Induction | Naturally aspirated |
| Power | 28 bhp (21 kW) at 2,000 rpm |
| Torque | 100 Nm (74 lb-ft) |
| Top speed | 56 mph (90 km/h) |
| Transmission | 3-speed manual |
| Drivetrain | Rear-wheel drive |
| Weight | 1,170 kg (2,579 lb) |
| Power-to-weight | 24 bhp per tonne |
Typical figures for the standard car; options, markets and model years vary. Where our specs come from
How much is a Volvo ÖV 4 worth?
A typical Volvo ÖV 4 is estimated to be worth $180,000 – $250,000 (about £134,000 – £186,000).
Values are directional estimates for a typical example, not appraisals. Condition, mileage, history and specification all change what a real car is worth. Pound figures use the exchange rate of 3 November 2026. How values are estimated
Volvo ÖV 4 rarity in CarSpot
The Volvo ÖV 4 is a Unicorn card in CarSpot, with a rarity score of 97 out of 100. The rarest tier: hypercars, one-offs and cars built in tiny numbers, typically fewer than about 500. A Unicorn card is worth 320 XP.
Each model's tier starts from a 0–100 score based on its value plus its power or production numbers. Once enough players have spotted a model, how often it is spotted can move it up or down one tier. How CarSpot rarity works
Rarity is a collectible game mechanic, not an assessment of real-world scarcity or value.
Volvo ÖV 4 fun facts
- The official launch was delayed by one day because the first production car was accidentally assembled with the rear differential fitted backwards, causing it to drive in reverse.
- The nickname 'Jakob' actually belonged to one of the ten pre-series prototypes completed on 25 July 1926, which is St. Jakob's name day in Sweden.
- The car's bodywork was inspired by the French Voisin C5, a personal favourite of the car's designer, Helmer MasOlle.

