Quick Facts
- Original starting price: $46,845 (including destination fee)
- Class: Compact luxury SUV
- Seating capacity: 5
- Fuel economy: 26 mpg combined
Used 2023 Volvo XC60 Prices
|
Original MSRP
|
CPO Fair Purchase Price (92620)
|
|||
|---|---|---|---|---|
$46,845 |
$29,030 |
|||
$51,095 |
$31,530 |
|||
$51,095 |
$33,120 |
|||
$56,895 |
$34,320 |
|||
$56,895 |
$34,220 |
|||
$60,145 |
$34,420 |
|||
$58,295 |
$34,920 |
|||
$60,145 |
$37,110 |
|||
$68,045 |
$39,310 |
|||
$62,545 |
$40,210 |
|||
$62,545 |
$40,410 |
|||
$68,045 |
$43,500 |
|||
$75,245 |
$47,490 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2023 Volvo XC60 models in typical condition when purchasing from a dealership. These prices are updated weekly.
Introduction
Volvo, long known and beloved for its stylish wagons, especially the Cross Country variants, transitioned seamlessly to the family SUV space as the market shifted away from cars. Looking for something a little different in the compact luxury SUV class? Perhaps something with refined looks, a reputation for safety, and a subtle sporty streak? Consider the 2023 Volvo XC60’s Scandinavian elegance, range of fuel-efficient powertrains, and available all-wheel drive (AWD) in every trim if it’s not already standard.
Buyers can find models with a 247-horsepower turbocharged 4-cylinder (B5), a 295-hp turbocharged and supercharged 4-cylinder (B6), or a 455-hp plug-in hybrid electric vehicle (PHEV). The last powertrain, formerly known as T8 in previous years, was renamed the Recharge for 2021. For 2023, XC60 Recharge models gained extended range, good for up to 36 miles on battery power alone.

Inside, the XC60 feels like a sanctuary with its clean lines, a mix of tones and textures, an available crystal gear selector, and an air-purification system for the cabin. Proactive safety technology keeps the XC60 between the lines and out of danger.
Certified by Volvo Warranty Program Highlights
- Limited Warranty: 12 months/unlimited mileage from your Certified by Volvo purchase date, upgradeable to an additional five years
- Powertrain Warranty: Covered under the limited warranty
- Roadside Assistance: Concurrent with the limited warranty
- Buying a Certified by Volvo pre-owned vehicle
Key Competitors
KBB Review Highlights
Our reviewers found the Volvo XC60 generously equipped even at the entry-level Core trim. The Plus and Ultimate trims amplify the luxury and fun factor, respectively. Front-wheel drive is standard with the base B5 engine. Opt for the B6 turbocharged and supercharged mill or base PHEV, and all-wheel drive becomes standard. A Polestar Engineered edition of the PHEV powertrain (not the Extended Range model) comes sport-tuned with an upgraded suspension and brakes. The Polestar version is tempting to recommend, but it was a production rarity and would be hard to find as a CPO vehicle.
The driving experience was assured and compliant. The XC60 was mostly a smooth operator, but it was less so when transitioning between gas and electric power in the Recharge models.

Our reviewers found the vertical touchscreen attractive and it uncluttered the central console; however, we have noted that the lack of physical controls could cause the driver to take their eyes off the road. The XC60 has several options to increase the comfort level of the roomy cabin, including heated/ventilated seats, a heated steering wheel, quad-zone climate control, adaptive cruise control, and premium audio upgrades.
Volvo has a serious reputation for safety, but the automaker doesn’t skimp on driving joy.
See Kelley Blue Book’s Expert Review of the 2023 Volvo XC60
If you’re ready to shop, see certified pre-owned 2023 Volvo XC60 models