Volvo V40 1.8l as a everyday car?

Hello guys, I need all your advice. I’ve looked at a Volvo V40 from 1999. Lots of space and actually good condition. Smaller rust bubbles on a fender and rear wheelwheel, which I would let away directly from the paintr. The driver’s seat is also ripped open, I don’t care……either get a used one or bring to the saddler. So far ABS sensors, exhaust, climate compressor, and other things have been made. Brakes this year new. The engine is e in 1.8l with 116Ps and has almost 200,000km on the hump. Timing belts made verifiable at 120,000km, as well as any service. Clutch has not been made yet, but is amazingly good because the vehicle was moved almost only on the highway. But I was now advised from all sides that because of the V40 there is no more Volvo, but garbage?? Cars, electrics, engine all scrap? Who can tell me more exactly about the engine and the car? As said, I am not looking for a racing car, but a b illustrious everyday vehicle….. I am grateful for every opinion and promise that I will continue to contribute to this in the future in terms of Volvo…. Greetings Michael