How much does the 2016 Volvo S60 cost?

Prices have softened 10.22% compared to this time last year, making it a favorable time to shop this model year.

There are 314 listings available, which suggests you have a reasonable amount of inventory to compare.

If you find a listing below $10,840.19, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 Volvo S60 a good car?

Yes — the 4.8/5 user rating points to strong owner satisfaction. Owners consistently praise the safety features, luxurious interior, and comfortable seating, while also noting the car’s performance and stylish feel. That makes it a strong fit if you want a compact luxury sedan that prioritizes front-seat comfort, safety, and a more distinctive personality than many rivals. With 32.2% of listings marked as good or great deals, you also have some room to shop selectively.

Is the 2016 Volvo S60 reliable?

Owners rate it 4.8/5, a strong signal of long-term satisfaction.

The user feedback also points to a reliable, dependable ownership experience, with owners describing it as a car they can count on for comfort and peace of mind. The strongest themes are safety, comfort, and overall satisfaction, which usually matter a lot in long-term ownership. For used buyers, that suggests the bigger risk is less about the model’s reputation and more about finding one that has been maintained well.

What should I look for when buying a used 2016 Volvo S60?

At 61.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report so you can separate clean examples from cars with prior damage. After that, prioritize a pre-purchase inspection, especially if the listing price looks unusually attractive. Focus your evaluation on overall condition, signs of past repairs, and whether the car’s equipment and interior still match the premium feel this model is known for.

Is now a good time to buy a used 2016 Volvo S60?

This is a moderate, selective buyer’s market, so you can shop carefully and still find value.

• Deal availability: 32.2% of listings are priced as good or great deals.
• Inventory: There are 314 listings available.
• Price trend: Prices have softened 10.22% compared with last year.
• Clean inventory: 61.1% of listings are accident-free.

If you find a listing below $10,840.19, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Volvo S60's resale value?

The current average of $10,867 sits slightly below last year's $12,104.

That price decline suggests the market has already adjusted downward, which can help you buy at a more favorable entry point. For a future seller, that means resale value will depend heavily on how well the car is maintained and how clean its history is. Well-kept examples should stand out more clearly in a market where buyers are already price-sensitive.

Vehicles with strong owner satisfaction ratings, like this model year's 4.8/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Volvo S60 or consider a different year?

If you're weighing the 2016 against nearby model years, here's how to think about it:

Choose the 2016 if:

• 32.2% of listings are priced as good or great deals.
• At 61.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 10.22% compared with last year.
• Owners rate it 4.8/5 — a strong satisfaction signal.

Consider the 2015 if:

• At $9,515, the 2015 costs less than the current year's $10,867 average.
• It offers a refreshed look and updated engines that make it feel more current.

The bottom line: If you want the stronger current-market balance of price, satisfaction, and available inventory, the 2016 is the better primary choice. If your top priority is spending less upfront, the 2015 is the smarter secondary path and may deliver more value for a tighter budget.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.