PS:
The PV544 was very popular as a race car. They were champions in their
class at the Duryea Hill Climb and many other races for many decades.
If you google (Volvo PV544 race car) you will find many references to
this.
http://www.automedia.com/Modern_Classic_Volvo_PV544/res20020301vp/1
has a particularly good review on their status as a modern classic. It
lists the price of the good ones at $5-6,000.