An arrow sign on dashboard while driving and still on even when switched off and on.This car is a volvo c70

The Used 2003 Volvo C70 Convertible comes with front wheel drive. Available transmissions include: 5-speed automatic, 5-speed manual.

Fuses location in Volvo V50, S40, C30, C70:

You do realize no one ever has to go to a dealer,ever,
even with a new car,you own it,& as you said the dealers
are expensive
What about the couple hundred thousand repair shops that
do the same as a dealer?

You can manually shift the selector lever on top of the transmission. You chould check the likage, it must be broken or disconnected either on the transmission end or on the selector itself.
Source :Haynes manual

It's very easy to decode Volvo C70 radio code whit online decoder! Volvo C70 Radio Code Generator Unlock Problem Solved

do a vehicle search before buying, contact you local ministry for the car history, see popular mechanics auto dept for details

get a code decoder

this indicates an automatic gearbox problem associated with the winter mode switch
does your car drive ok or are you stuck in ultra low gear with a max speed of about 10mph??

Just replace the belt.If you can see rubber shavings.That belt drives the power steering and the alterinator.Hpe that does the trick for you.

Yes, it's the 'pnp' switch (also known as the inhibitor switch) which is on the side of the transmission.

I own 2 Volvo 960s (3 litre automatics) which are similar in many respects ... and have that flashing arrow. It's a well known fault and you don't have much to worry about.

Rather than write it all here, you can read what I wrote as an ebay guide about it at http://reviews.ebay.co.uk/Volvo-960-Automatic_W0QQugidZ10000000003233806

I did put similar info on my website at http://www.glennsmart.btinternet.co.uk/volvo960.html with photos

Though the ebay guide is better ...

If you haven't got time to read it ... forget the flashing arrow and put a bit of black tape over it ... My wife's car has (192,000 miles) had that arrow flashing for 3 years. My car (100,000 miles) has had that flashing arrow since I bought it 1 year ago.

I did change the pnp on both cars ... but you also need to have the computer error reset by Volvo to have the light extinguished. Don't worry ... keep driving.