By Eric Brandt
Updated January 30, 2025
Volvo has always offered something a little different in the world of luxury cars, and the S60 is no exception. This compact luxury car has the unique styling and impressive safety ratings that Volvo is famous for in the form of a practical and comfortable sedan. It also boasts a premium interior with roomy, comfortable seats and modern tech features. The plug-in hybrid powertrain in the T8 Recharge models improves efficiency and performance, making the otherwise subtle S60 a sportier sedan without sacrificing luxury.
The Volvo S60 competes with familiar foes in compact luxury sedans like the BMW 3 Series, Mercedes-Benz C-Class, and Audi A4.
The Volvo S60 drops the high-performance Polestar Engineered model for 2024. A few other changes include a standard “Dark” exterior theme that used to be optional, and standard all-wheel drive (AWD) on the Ultimate trim. There’s a Climate Package available for the front-wheel-drive (FWD) models that now includes heated rear seats, and the Plus trim now has a standard air purifier.
2024 Volvo S60 pricing starts at $24,200 for the S60 B5 Core Dark Theme Sedan 4D, which had a starting MSRP of $43,095 when new. The range-topping 2024 S60 T8 Recharge Ultimate Black Edition Sedan 4D starts at $40,300 today, originally priced from $59,645.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
|---|---|---|---|---|
$43,095 | $24,200 | |||
$46,045 | $26,300 | |||
$47,745 | $27,400 | |||
$50,845 | $31,800 | |||
$53,045 | $33,900 | |||
$55,995 | $35,900 | |||
$57,695 | $33,500 | |||
$58,495 | $39,500 | |||
$59,645 | $40,300 |
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 2024 Volvo S60 models in typical condition when purchasing from a dealership. These prices are updated weekly.
Before buying an S60, check the Kelley Blue Book Fair Purchase Price to know what you should really pay. Volvo S60 resale value is a little below average for the segment.
The Volvo S60 is powered by a 247-horsepower turbocharged 4-cylinder engine matched with an 8-speed automatic transmission and front- or all-wheel drive. Volvo calls this the B5 powertrain. It delivers reasonably quick acceleration, but its performance is just okay compared to most other European luxury sedans.
The Volvo is comfortable and sportier than the average non-luxury sedan, but athletic handling isn’t its greatest strength, especially with front-wheel drive (FWD). It does feel a bit sportier with the optional all-wheel-drive (AWD) system.
Another good way to improve the driving dynamics of the S60 is to upgrade to the optional T8 plug-in hybrid powertrain with a total output of 455 horsepower. This brings a significant upgrade in performance while also delivering up to 41 miles of all-electric range.
We’ve spent hundreds of hours driving and evaluating this generation of compact luxury sedans, including the Volvo S60.
The standard B5 powertrain in the S60 gets a combined fuel economy rating of 30 mpg with FWD and 28 mpg with AWD. Those numbers are a little above average for this class. The T8 Recharge models get an all-electric range of up to 41 miles, then returns 31 mpg under gas-electric hybrid power. Both powertrains require premium gas, which is typical for a European luxury sedan. More S60 fuel economy information is available on the EPA’s website.
The inside of the Volvo S60 is spacious and luxurious. The interior design is unique, and the materials are lovely, especially with the optional Nappa leather or wool blend. The infotainment system has a bit of a learning curve, but it’s pretty intuitive once you get used to it. We love the built-in Google Maps app, giving it a tremendous onboard navigation system.
We found the back seats of the S60 plenty roomy for two adults. It has 35.2 inches of rear legroom, which is about average for this class. Cargo space, though, is only 11.6 cubic feet — less than most of its rivals.
The Volvo S60 stands out in a subtle way with its unique styling and handsome light signature. It gets more standard black trim this year, and models with “Black Edition” in the name add black badging and 19-inch black wheels.
Pilot Assist
The Pilot Assist driver assistance system is standard on all but the base Core trim of the S60. This semi-autonomous driving system combines features like adaptive cruise control, lane-keeping aid, and road sign information to make highway driving nearly effortless.
Google built-in
The Google-based infotainment system in the S60 is feature-rich and easy to use. Google Maps is built in, which is one of our favorite navigation systems. It also comes with Apple CarPlay, SiriusXM, and four USB-C ports.
Black Edition
The Black Edition models of the S60 have black exterior badging and distinct 19-inch black alloy wheels for a stylish, dark aesthetic.
Premium audio systems
A 14-speaker, 600-watt Harman Kardon premium sound system is optional on the Plus trim and standard on the Ultimate models. If you demand the best audio experience, an even better 15-speaker, 1,410-watt Bowers & Wilkins system is available for the Ultimate trim.
Standard panoramic roof
This feature opens up the cabin of the S60, giving it a more premium feel, and we love to see it standard on the S60.
T8 plug-in powertrain
The available plug-in hybrid powertrain in the Volvo S60 improves both performance and efficiency.
The standard B5 powertrain in the Volvo S60 is a turbocharged 4-cylinder engine making 247 horsepower and 258 lb-ft of torque. Front-wheel drive is standard and all-wheel drive is optional. The performance of the B5 engine is smooth and adequate for daily driving duties, but most of this Volvo’s rivals have gutsier standard engines and either rear-wheel drive or standard AWD, making them a bit more fun from behind the wheel.
The T8 Recharge models employ a plug-in hybrid powertrain that still uses a turbo 4-cylinder engine but is also supercharged and electrified. The total output is 455 horsepower and 472 lb-ft of torque — a significant performance upgrade over the B5 models.
Every S60 uses an 8-speed automatic transmission, and all hybrid models have standard AWD.
The Volvo S60 is backed by a 4-year/50,000-mile bumper-to-bumper warranty. That’s average for a luxury car, but you also get a generous 3-year/36,000-mile complimentary maintenance plan. The T8 Recharge models come with an 8-year/100,000-mile warranty on hybrid components.
As you’d expect from the brand, safety is a strong suit of the Volvo S60. It gets a 5-Star overall safety rating from the National Highway Traffic Safety Administration (NHTSA) and the top “Good” score in every crashworthiness category from the Insurance Institute for Highway Safety (IIHS). Standard safety tech features on the S60 include automatic emergency braking, blind-spot monitoring, lane-keep assist, traffic sign recognition, and rear parking sensors. Optional safety features include the Pilot Assist semi-autonomous highway driving system, automatic parking assist, and a surround-view parking camera system.
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2024 | - | $43,095 | $43,095 | ||
2025 | $13,342 | $29,753 | $20,374 | ||
Now | $7,053 | $22,700 | $17,900 |
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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 | 3777 lbs. | ||
|---|---|---|---|
Fuel Capacity | 15.9 gallons | ||
Front Head Room | 37.4 inches | ||
Front Leg Room | 42.3 inches | ||
Max Seating Capacity | 5 | ||
Minimum Ground Clearance | 5.8 inches | ||
Overall Length | 188.1 inches | ||
Front Shoulder Room | 56.1 inches | ||
Towing Capacity, Maximum | 2000 lbs. | ||
Turning Diameter | 37.1 feet | ||
Wheel Base | 113.1 inches | ||
Width with mirrors | 80.3 inches |
Alloy Wheels | Available | ||
|---|---|---|---|
Fog Lights | Available | ||
Number of Doors | 4 doors | ||
Panorama Moon Roof | Available | ||
LED Headlights | Available |
City | 26 mpg | ||
|---|---|---|---|
Highway | 35 mpg | ||
Combined | 30 mpg |
Drivetrain | FWD | ||
|---|---|---|---|
Transmission Type | Automatic | ||
8 speed | Available | ||
Recommended Fuel | Premium | ||
Hill Start Assist | Available | ||
Parking Assist System | Available |
Horsepower | 247 @ 5400 RPM | ||
|---|---|---|---|
Torque | 258 @ 1800 rpm | ||
Engine | 4-Cyl, Turbo, 2.0 Liter | ||
0 to 60 | 6.4 seconds |
Basic | 4 years / 50000 miles | ||
|---|---|---|---|
Powertrain | 4 years / 50000 miles | ||
Corrosion | 12 years / Unlimited miles |
Collision Warning
The standard Collision Warning system in the S60 is designed to detect almost any road obstacle, including vehicles, cyclists, pedestrians, and even large animals.
Driver assists
Also standard on the S60 are blind-spot monitoring with cross-traffic alert, steering assist, and automatic emergency braking. All of these make driving safer on the highway and in the city.
Park Assist
An available 360-degree camera with front, side, and rear Park Assist adds a lot of confidence to parking. You work the pedals while the car does the steering for you.
![]() Used 2024 Volvo S60 | ![]() Used 2024 Audi A3 | ![]() Used 2024 Audi A4 | ![]() Used 2024 Audi A5 | ||
|---|---|---|---|---|---|
| Price | $24,200 | $26,100 | $26,800 | $29,900 | |
| KBB.com Rating | 3.8 | 4.6 | 4.3 | 4.3 | |
| Consumer Rating | 4.4 | 5.0 | 4.4 | 4.0 | |
| Fuel Economy | City 26/Hwy 35/Comb 30 MPG | City 29/Hwy 37/Comb 32 MPG | City 26/Hwy 35/Comb 30 MPG | City 26/Hwy 35/Comb 30 MPG | |
| Fuel Type | Gas | N/A | N/A | N/A | |
| Safety Rating | 5.0 | N/A | 5.0 | 5.0 | |
| Seating Capacity | 5 | 5 | 5 | 5 | |
| Basic Warranty | 4 years or 50000 miles | 4 years or 50000 miles | 4 years or 50000 miles | 4 years or 50000 miles | |
| Horsepower | 247 @ 5400 RPM | 201 HP | 201 @ 5000 RPM | 201 @ 5000 RPM | |
| Engine | 4-Cyl, Turbo, 2.0 Liter | 4-Cyl, Turbo, 2.0 Liter | 4-Cyl, Turbo, 2.0 Liter | 4-Cyl, Turbo, 2.0 Liter | |
| Drivetrain | FWD | FWD | AWD | AWD |
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Used 2024 Volvo S60 prices currently range from $24,200 for the B5 Core Dark Theme Sedan 4D to $40,300 for the T8 Recharge Ultimate Black Edition Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2024 Volvo S60 is the B5 Core Dark Theme Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $24,200.
The 2024 Volvo S60 is part of the 4th-generation S60, which our owners give an above-average reliability rating of 4.4 out of 5.