Used 2016 Volvo XC60 for Sale nearChicago, IL

How much does the 2016 Volvo XC60 cost?

Prices have softened 7.36% compared to this time last year, making it a favorable time to shop this model year.

There are 564 listings available, which suggests a solid amount of inventory to compare.

Is the 2016 Volvo XC60 a good car?

Yes — the 4.9/5 user rating points to strong owner satisfaction. Owners consistently praise its comfort, handling, and luxurious features, and they also like the smooth ride and spacious interior. That lines up well with the XC60’s role as a compact luxury crossover for you if you want a premium SUV that emphasizes safety, comfort, and a more restrained design. With 34.4% of listings marked as good or great deals, there is still meaningful market opportunity if you shop carefully.

Is the 2016 Volvo XC60 reliable?

Owners rate it 4.9/5, a strong signal of long-term satisfaction.

The user feedback also highlights reliable performance and a trouble-free feel, which supports confidence in day-to-day ownership. For used buyers, that kind of owner sentiment can reduce long-term ownership risk, especially if you verify maintenance history and overall condition before you commit.

What should I look for when buying a used 2016 Volvo XC60?

At 65.1% 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 confirm accident records, title status, and ownership history. After that, prioritize a thorough pre-purchase inspection, with extra attention to body condition, panel alignment, and signs of past repair work. It also makes sense to focus on how the vehicle drives and whether the electronics, braking, and acceleration feel consistent, since those are areas where careful evaluation matters most.

Is now a good time to buy a used 2016 Volvo XC60?

This looks like a moderate, selective buyer’s market, so you can be choosy without expecting every listing to be a bargain.

• Deal availability: 34.4% of listings are priced as good or great deals.
• Inventory: There are 564 listings available.
• Price trend: Prices have softened 7.36% compared with last year.
• Clean inventory: 65.1% of listings are accident-free.

If you find a listing below $11,004, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Volvo XC60's resale value?

The current average of $11,025 sits slightly below last year's $11,902.

That softer pricing suggests the XC60 has already absorbed some depreciation, which can help future sellers if the market stabilizes. If you buy well and keep the vehicle in strong condition, you may be better positioned to limit further value loss. Demand should also benefit from the model’s strong owner satisfaction and premium reputation. Vehicles with strong owner satisfaction ratings, like this model year's 4.9/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Volvo XC60 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:

• 34.4% of listings are priced as good or great deals.
• At 65.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 7.36% compared with last year.
• Owners rate it 4.9/5 — a strong satisfaction signal.

The bottom line: The 2016 XC60 makes the most sense if you want a well-liked, comfort-focused luxury SUV and you can verify a clean, well-maintained example. If you are especially price-sensitive, you may want to compare nearby model years and shop whichever one gives you the best combination of condition, history, and asking price.

How does the 2016 Volvo XC60 compare to the 2016 Audi Q5?

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.