Car questions for first car?

I've been looking at this volvo for my first car and my dad talked to his mechanic about it and it is a 2006 volvo xc70 and for some reason my dad said it was 2003 volvo but the mechanic said that when ford bought volvo they made their cars cheaper with worse parts so it would not be a good idea to get it and that the transmission gets messed up from the cheaper parts and it's a very expensive fix. I did some of my own research and found that volvo was bought by ford in 1999 and the car i'm looking at was made 7 years later. My question is if you think what the mechanic said was correct and if by the time the car i'm looking at was made, did volvo make the parts more high quality?

Your mechanic is an idiot. Ford sold Volvo to an Indian company some years ago.

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