By KBB Editors
Updated December 23, 2019
If you’re looking for a premium sedan with some style, the 2008 Volvo S60’s sculpted hood, trunk and aggressive wheel and tire packages give it a much bolder look than its understated German and Japanese rivals. The S60 is also a bit wider than most of its competitors, which translates into generous shoulder room.
If you’re looking for the neutral handling only a rear-wheel-drive sedan can provide, the high-powered T5’s noticeable torque steer can, at times, become annoying. The deletion of a manual transmission may also deter purists. The 2.5T is also not as powerful as many similarly-priced V6 models.
The high-performance S60 R is no more. All 2008 Volvo S60 models receive upgraded audio units, while T5 models feature leather sport seating, a power sunroof and a five-speed Geartronic automatic transmission.
Launched in late 2000 for the 2001 model year, the Volvo S60 helped launched a styling revolution that transformed the brand’s image from boring box to stylish Swede. Relatively unchanged since its inception, the S60’s design has held up well, although newer designs from Audi, BMW and Lexus certainly appear more contemporary. The S60, however, is about far more than just good looks. The car is well-known for its extensive safety features and excellent crash-test marks, and its turbocharged engines provide both performance and good fuel economy, an ever-important attribute for fuel-conscious buyers. With a roomy cabin, notably comfortable front seats and a long list of comfort and convenience items, the 2008 Volvo S60 deserves to be near the top of every premium midsize sedan shopping list.
2008 Volvo S60 pricing starts at $4,256 for the S60 2.5T Sedan 4D, which had a starting MSRP of $31,630 when new. The range-topping 2008 S60 T5 Sedan 4D starts at $4,453 today, originally priced from $35,480.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$31,630 | $4,256 | |||
$35,480 | $4,453 |
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 2008 Volvo S60 models in typical condition when purchasing from a dealership. These prices are updated weekly.
Both the 2.5T and T5 offer good handling and acceleration, with the more powerful T5 providing a bit more thrill. Torque steer (a front-wheel-drive car’s tendency to pull to one side or the other) is evident during hard acceleration, but the traction and stability control system helps mitigate the problem. The S60’s steering does not feel as connected and precise as those of the BMW 3 Series or Infiniti G35, but its smooth ride and comfortable cabin certainly compare well with the Lincoln MKZ and Audi A4. Without a manual transmission, the S60’s sporting intensions are somewhat muted, although the five-speed Geartronic transmission does allow for manual gear shifting. Volvo’s excellent front seats cradle the occupants without pinching and provide excellent support on long drives.
No matter which S60 you choose, all models share two important traits: A roomy, ergonomically-sound interior and an exceptional safety record. The S60’s front seats feel great on your back and feature an anti-submarine design to keep you from sliding under the dash during an accident. Functionally, the S60’s near-perfect instrument panel has every switch, lever and button within easy reach. We love the placement of the optional navigation screen, which rises up from atop the dash rather than being integrated into the audio head unit.
The 2008 Volvo S60’s front end has a soft, rounded appearance, although the familiar diagonal-badge grille treatment remains firmly in place. The S60’s shape is defined by its sharpened V-shaped hood and trunk lines that join to form a truly attractive sport sedan. The swept-back rear roof creates a nice fastback look and allows the rear doors plenty of glass to aid visibility. In recent years Volvo has produced a number of attractive new wheel designs and bold exterior colors to enhance the S60’s appearance.
Sport Seats
The leather sport seats on the T5 strike a good balance between comfort and body-holding ability.
Navigation System
The optional navigation system features a retractable screen positioned atop the dash instead of integrated into the audio unit.
The 2008 Volvo S60 has a five-speed Geartronic automatic transmission, four-wheel anti-lock disc brakes (ABS), Dynamic Stability Traction Control, dual-zone automatic air conditioning, illuminated remote keyless entry, rear fog light, dual heated power mirrors, AM/FM stereo CD and auxiliary input jack, front side-impact and front and rear head-curtain airbags, cruise control, tilt/telescopic steering wheel, 16-inch alloy wheels, garage door opener and a power driver’s seat. The T5 adds aluminum trim, power passenger’s seat, leather sport seats, a power sunroof, auto-dimming rear view mirror with compass, sport suspension and 17-inch alloy wheels.
Options vary by trim and include all-wheel drive, power glass sunroof, heated seats, headlamp washers, rain-sensing wipers, Pro Logic surround sound, SIRIUS Satellite Radio, navigation, Active Bi-Xenon headlamps with washers, rear park assist, leather seats and custom alloy wheels.
The 2.5T engine provides good acceleration and plenty of passing power. This engine works well with the Geartronic automatic transmission, though somewhat lazy shifts left us wishing for a manual option. The high-pressure turbo of the T5 model seems to be the best choice for the S60, with better low-end torque than the 2.5T and more rush as the turbo builds boost pressure.
2.5-liter in-line 5 Light-Pressure Turbo
208 horsepower @ 5000 rpm
236 lb.-ft. of torque @ 1500-4500 rpm
EPA city/highway fuel economy: 19/27 (FWD), 18/26 (Geartronic, AWD), 17/26 (automatic, AWD)
2.4-liter in-line 5 High-Pressure Turbo
257 horsepower @ 5500 rpm
258 lb.-ft. of torque @ 2100-5000 rpm
EPA city/highway fuel economy: 18/26
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | $320 | $4,080 | $1,605 | ||
2023 | + $79 | $4,159 | $1,606 | ||
2024 | $441 | $3,718 | $1,095 | ||
Now | $157 | $3,561 | $926 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 3523 lbs. | ||
---|---|---|---|
EPA Passenger | 94.3 cu.ft. | ||
EPA Total Interior | 108.2 cu.ft. | ||
Fuel Capacity | 18.0 gallons | ||
Front Head Room | 38.7 inches | ||
Front Leg Room | 42.6 inches | ||
Max Seating Capacity | 5 | ||
Overall Length | 181.2 inches | ||
Front Shoulder Room | 56.2 inches | ||
Towing Capacity, Maximum | 3300 lbs. | ||
Trunk or Cargo Capacity | 13.9 cu.ft. | ||
Turning Diameter | 38.7 feet | ||
Wheel Base | 106.9 inches | ||
Width with mirrors | 81.5 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Fog Lights | Available | ||
Number of Doors | 4 doors |
City | 19 mpg | ||
---|---|---|---|
Highway | 27 mpg | ||
Combined | 22 mpg |
Drivetrain | FWD | ||
---|---|---|---|
Transmission Type | Automatic | ||
5 speed | Available | ||
Recommended Fuel | Premium |
Horsepower | 208 @ 5000 RPM | ||
---|---|---|---|
Torque | 236 @ 1500 rpm | ||
Engine | 5-Cyl, LP Turbo, 2.5L | ||
0 to 60 | 6.9 seconds | ||
Top Speed | 130 mph |
Basic | 4 years / 50000 miles | ||
---|---|---|---|
Powertrain | 4 years / 50000 miles | ||
Corrosion | 10 years / 100000 miles |
Used 2008 Volvo S60 | Used 2011 Ford Fiesta | Used 2012 Kia Forte | Used 2010 Chevrolet Cobalt | ||
---|---|---|---|---|---|
Price | $4,256 | $3,497 | $3,695 | $4,037 | |
KBB.com Rating | N/A | 3.9 | 3.1 | N/A | |
Consumer Rating | 4.5 | 3.9 | 4.5 | 4.5 | |
Fuel Economy | City 19/Hwy 27/Comb 22 MPG | City 28/Hwy 37/Comb 32 MPG | City 26/Hwy 36/Comb 29 MPG | City 24/Hwy 33/Comb 27 MPG | |
Fuel Type | Gas | Gas | Gas | Gas | |
Safety Rating | N/A | 4.0 | 4.0 | N/A | |
Seating Capacity | 5 | 5 | 5 | 5 | |
Basic Warranty | 4 years or 50000 miles | 3 years or 36000 miles | 5 years or 60000 miles | 3 years or 36000 miles | |
Horsepower | 208 @ 5000 RPM | 120 @ 6000 RPM | 156 @ 6200 RPM | 155 @ 6100 RPM | |
Engine | 5-Cyl, LP Turbo, 2.5L | 4-Cyl, 1.6 Liter | 4-Cyl, 2.0 Liter | 4-Cyl, 2.2 Liter | |
Drivetrain | FWD | FWD | FWD | FWD |
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Yes, the 2008 Volvo S60 is a good car. Its Kelley Blue Book rating of 0 out of 5 is within 10% of our average rating.
2008 Volvo S60 city/highway fuel economy ratings range from 18/26 mpg to 19/27 mpg, depending on trim and equipment.
Used 2008 Volvo S60 prices currently range from $4,256 for the 2.5T Sedan 4D to $4,453 for the T5 Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2008 Volvo S60 is the 2.5T Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $4,256.
The 2008 Volvo S60 is part of the 2nd-generation S60, which our owners give an above-average reliability rating of 4.6 out of 5.