I've previously owned two other 340s but this is the only one that's been roadworthy etc.
As bought -

Basically it's going to be a budget drift car I can take to a local track.
I've got a set of 2" blocks left over from my MK1 Cortina project, the Cortina sits perfectly without them so they're not required, and luckily they'll fit the Volvo.
I'm hoping to eventually make some coilovers but for now chopped front springs will do the trick.
It will also be getting painted nato green likely, the brown is okay but it's not the look I'm going for.
It already has some poly bushes fitted at the front but it'll also be getting a 16v, probably an f7p or f7r with f7p head if that's possible as I want to keep the dizzy to run bike carbs.
I'm fairly experienced when it comes to welding so welding the diff shouldn't be a problem either.
I'm hoping to start work on it soon, the biggest challenge I think will be getting the carbs running right, but I've got a set of zzr600 carbs for my polo GT that will be going on very soon, so that should give me a little more experience with them before I start messing with the volvo.

Here's a pic with my nato green R18 and my matt black Polo GT.