Used 2023 Volvo S60 for Sale nearChicago, IL

How much does the 2023 Volvo S60 cost?

Prices have softened 9.41% compared to this time last year, making it a favorable time to shop this model year.

There are 679 listings available, which gives you a meaningful amount of inventory to compare.

Is the 2023 Volvo S60 a good car?

The 2023 Volvo S60 stands out as a compact luxury sedan that blends Scandinavian design, strong safety credentials, and a broad range of powertrains. It also gives you an upscale cabin with thoughtful standard equipment, including a panoramic moonroof, Apple CarPlay/Android Auto, a 12.3-inch digital instrument cluster, and a 9-inch touchscreen.

For shoppers who want a stylish sedan with a distinctive cabin, strong safety equipment, and available performance or plug-in hybrid power, it offers a characterful alternative to the usual luxury-sedan choices. 36.1% of listings are priced as good or great deals, which adds some market appeal.

Is the 2023 Volvo S60 reliable?

The 2023 Volvo S60 leans on Volvo’s strong safety reputation and standard City Safety equipment, which helps reinforce confidence in day-to-day use. Its upscale cabin and thoughtful standard features also suggest a well-rounded ownership experience for buyers who value comfort and safety.

For long-term ownership, you should still pay close attention to maintenance history and overall condition, especially if you plan to keep the car beyond the warranty period.

What should I look for when buying a used 2023 Volvo S60?

Accident-free inventory is solid at 88.2% — always verify the vehicle history report.

You should prioritize a pre-purchase inspection that checks the car’s condition closely, especially if you’re considering a higher-mileage example or one with more equipment. Focus on signs of wear in the cabin, confirm that all electronics and driver-assistance features work properly, and make sure the service records line up with the car’s age and mileage.

Is now a good time to buy a used 2023 Volvo S60?

This looks like a moderate, selective buyer’s market, so you can shop patiently and still find worthwhile options.

• Deal availability: 36.1% of listings are priced as good or great deals.
• Inventory: There are 679 listings available.
• Price trend: Prices have softened 9.41% compared with last year.
• Clean inventory: 88.2% of listings are accident-free.

If you find a listing below $28,535, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Volvo S60's resale value?

The current average of $28,535 sits slightly below last year's $31,498.

That price movement suggests the market has cooled, which can help you buy more selectively today. For a future seller, it also means resale value may depend heavily on condition, mileage, and how well the car has been maintained. If you keep the car clean, documented, and accident-free, you’ll be in a stronger position when it’s time to sell.

Should I buy a 2023 Volvo S60 or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 36.1% of listings are priced as good or great deals.
• Accident-free inventory is solid at 88.2% — always verify the vehicle history report.
• Price trend: Prices have softened 9.41% compared with last year.

The bottom line: The 2023 Volvo S60 is a strong primary choice if you want a stylish luxury sedan with solid safety credentials, a well-equipped cabin, and a market that currently gives you some negotiating room. If you’re especially price-sensitive, you can also compare nearby model years to see whether a lower asking price outweighs the 2023’s balance of features and softened pricing.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.