Used 2020 Volvo S60 for Sale nearChicago, IL

How much does the 2020 Volvo S60 cost?

Prices have softened 9.36% compared to this time last year, making it a favorable time to shop this model year.

There are 297 listings available, which gives you a modest amount of inventory to compare before you buy.

Is the 2020 Volvo S60 a good car?

Yes — the 2020 Volvo S60 earns a strong owner score of 5/5. Owners consistently praise its quiet ride, impressive performance, and safety features, and many also like the smooth acceleration and attractive styling. The overview points to a sedan that fits you well if you want a compact luxury car with comfort, safety, and a more individual personality than many rivals. With 37.7% of listings marked as good or great deals, you have a decent chance of finding a compelling offer.

Is the 2020 Volvo S60 reliable?

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

The owner feedback also points to a car that feels dependable in daily use, with praise for its quiet ride, smooth performance, and safety-minded design. That kind of satisfaction usually matters most when you want a used luxury sedan you can count on over time.

What should I look for when buying a used 2020 Volvo S60?

At 73.7% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report and confirm whether any prior damage was repaired properly. Then prioritize a thorough pre-purchase inspection, especially for bodywork, alignment, and signs of uneven wear. Focus on overall condition and maintenance records so you can separate a clean, well-kept car from one that has been repaired after a collision.

Is now a good time to buy a used 2020 Volvo S60?

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

• Deal availability: 37.7% of listings are priced as good or great deals.
• Inventory: There are 297 listings available.
• Price trend: Prices have softened 9.36% compared with last year.
• Clean inventory: 73.7% of listings are accident-free.

If you find a listing below $19,153, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2020 Volvo S60's resale value?

The current average of $19,263 sits slightly below last year's $21,253.

That price movement suggests the market has cooled, which can help you buy more selectively now but may also limit short-term upside if you plan to resell soon. If you keep the car in strong condition and maintain it well, you should be better positioned to protect value. A lower entry price can also help reduce the amount of depreciation you absorb over your ownership period.

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

Should I buy a 2020 Volvo S60 or consider a different year?

If you're weighing the 2020 against nearby model years, here's how to think about it:

Choose the 2020 if:

• 37.7% of listings are priced as good or great deals.
• At 73.7% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 9.36% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2019 if:

• At $18,417, the 2019 costs less than the current year's $19,263 average.
• It emphasizes style, safety, and value.

The bottom line: If you want the stronger current-market balance of price, satisfaction, and availability, the 2020 is the better starting point. If your priority is spending less upfront, the 2019 is the more budget-friendly alternative and still brings much of the S60’s appeal.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.