Used 2023 Volvo S60 for Sale near Illinois

How much does the 2023 Volvo S60 cost?

Prices have softened 9.22% compared to this time last year, making it a favorable time to shop this model year.

There are 684 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.

That mix makes it appealing if you want a stylish sedan with a distinctive interior, available performance or plug-in hybrid power, and a safety-first feature set. 35.5% of listings are priced as good or great deals, which suggests there are still some attractive opportunities in the market.

Is the 2023 Volvo S60 reliable?

The 2023 Volvo S60 stands out for its strong safety credentials, and every S60 came standard with City Safety. It also earned IIHS Top Safety Pick+ recognition in both 2021 and 2022.

For used buyers, that points to a car that should reward careful ownership, but long-term risk still depends on maintenance history, electronics condition, and how well the car was cared for before you buy it.

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

Accident-free inventory is solid at 88.5% — always verify the vehicle history report.

You should also prioritize a pre-purchase inspection so you can check the cabin electronics, infotainment operation, and overall wear. Focus on condition details that matter in a luxury sedan, especially seat condition, interior trim quality, and any signs of prior bodywork or inconsistent maintenance.

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

This looks like a moderate, selective buyer’s market, so you can be choosy if you’re comparing multiple listings.

• Deal availability: 35.5% of listings are priced as good or great deals.
• Inventory: There are 684 listings available.
• Price trend: Prices have softened 9.22% compared with last year.
• Clean inventory: 88.5% of listings are accident-free.

If you find a listing below $28,656, 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 $28,656 sits slightly below last year's $31,566.

That price movement suggests the S60 has softened enough to create a better entry point for you as a buyer, but it also means a future seller may need to price competitively to stand out. If you keep the car in strong condition and maintain it well, you’ll be in a better position to protect value 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:

• 35.5% of listings are priced as good or great deals.
• Accident-free inventory is solid at 88.5% — always verify the vehicle history report.
• Price trend: Prices have softened 9.22% compared with last year.

The bottom line: The 2023 Volvo S60 is the right pick if you want the updated design, strong standard safety equipment, and a well-equipped luxury cabin at a softened market price. If you’re especially price-sensitive, you may want to compare nearby model years and focus on whichever one gives you the best combination of condition, history, and asking price.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.