Used 2023 Volvo S60 for Sale nearChicago, IL

How much does the 2023 Volvo S60 cost?

Prices have softened 13.96% compared to this time last year, making it a favorable time to shop this model year.

There are 695 listings available, which gives you a solid amount of inventory to compare before you buy.

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 offers high-quality materials, superb build quality, comfortable seats, and a generous list of standard equipment, which makes it appealing if you want a stylish, well-equipped sedan with a strong safety reputation.

The tradeoff is that it is not especially sporty compared with some European rivals, and rear-seat space is tight. If your priorities are comfort, refinement, and safety-focused luxury rather than sharp handling, the S60 fits that use case well. 32.9% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2023 Volvo S60 reliable?

The 2023 Volvo S60 is presented as a safety-focused luxury sedan with a refined cabin, strong build quality, and a broad range of powertrains. Its standard equipment and emphasis on comfort and safety support the case for a well-rounded ownership experience.

For used buyers, the main long-term risk is that a premium sedan with multiple powertrain choices can bring higher repair and maintenance exposure than a simpler mainstream car, so condition and service history matter a lot.

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

Accident-free inventory is solid at 89.2% — always verify the vehicle history report.

You should prioritize a history report first, then focus your inspection on signs of prior damage, uneven wear, and any evidence that the car has been repaired poorly. Because this is a premium sedan, pay close attention to interior condition, electronics, and how well the cabin features operate during a test drive.

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: 32.9% of listings are priced as good or great deals.
• Inventory: There are 695 listings available.
• Price trend: Prices have softened 13.96% compared with last year.
• Clean inventory: 89.2% of listings are accident-free.

If you find a listing below $27,364, 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 $27,490 sits slightly below last year's $31,950.

That price movement suggests the market has already adjusted downward, which can help you as a buyer today but may limit upside if you plan to resell soon. If you buy at the right price and keep the car in strong condition, you can reduce the hit from depreciation. For a future seller, the key will be maintaining clean history, strong service records, and desirable equipment.

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:

• 32.9% of listings are priced as good or great deals.
• Accident-free inventory is solid at 89.2% — always verify the vehicle history report.
• Price trend: Prices have softened 13.96% compared with last year.

The bottom line: The 2023 is the better pick if you want a well-equipped, safety-focused luxury sedan and you can find one with a clean history and a fair price. If you're especially price-sensitive, a nearby model year may be worth comparing, but the 2023 gives you a strong balance of inventory, value, and condition.

How does the 2023 Volvo S60 compare to the 2023 Audi A4?

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