Used 2023 Volvo S60 for SaleNationwide

How much does the 2023 Volvo S60 cost?

Prices have softened 10.63% compared to this time last year, making it a favorable time to shop this model year.

There are 670 listings available, which gives you a solid 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 offers an upscale cabin and thoughtful standard equipment, including a panoramic moonroof, Apple CarPlay/Android Auto, a 12.3-inch digital instrument cluster, and a 9-inch touchscreen.

For you, that means the S60 makes the most sense if you want a stylish sedan with a distinctive interior, strong safety equipment, and the option of either a conventional gas setup or a plug-in hybrid. 36.4% of listings are priced as good or great deals, which gives you a decent amount of market flexibility.

Is the 2023 Volvo S60 reliable?

The 2023 Volvo S60 leans on Volvo’s strong safety reputation, with every S60 coming standard with City Safety and the model earning IIHS Top Safety Pick+ recognition in both 2021 and 2022. The cabin and standard equipment also suggest a well-thought-out ownership experience.

For used buyers, the main long-term risk is less about outright complexity and more about making sure the specific car you choose has been maintained properly, especially if you’re considering a higher-spec or plug-in hybrid version.

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

Accident-free inventory is solid at 88.7% — always verify the vehicle history report.

You should prioritize a history report first, then focus on a pre-purchase inspection that checks the condition of the cabin, electronics, and any powertrain-specific wear. Because the S60’s appeal depends heavily on its upscale feel and safety equipment, you’ll want to make sure the car’s condition matches its premium positioning.

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

This is a moderate, selective buyer’s market, so you have room to shop carefully without rushing into the first listing you see.

• Deal availability: 36.4% of listings are priced as good or great deals.
• Inventory: There are 670 listings available.
• Price trend: Prices have softened 10.63% compared with last year.
• Clean inventory: 88.7% of listings are accident-free.

If you find a listing below $28,361, 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 $28,361 sits slightly below last year's $31,736.

That price movement suggests the S60 has already absorbed a meaningful amount of depreciation, which can help you as a buyer today. If you plan to sell later, the same trend means your future resale value will depend heavily on condition, mileage, and how well the car is equipped and maintained. A clean, well-kept example should hold up better than one with visible wear or a rough history.

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:

• 36.4% of listings are priced as good or great deals.
• Accident-free inventory is solid at 88.7% — always verify the vehicle history report.
• Price trend: Prices have softened 10.63% compared with last year.

The bottom line: The 2023 Volvo S60 is a strong choice if you want a stylish, safety-focused luxury sedan with a premium cabin and a broad powertrain mix. If your priority is value, the 2023 looks appealing because pricing has eased and there’s enough inventory to shop selectively. If you’re especially price-sensitive, you may still want to compare nearby model years to see whether a similar S60 offers a better combination of mileage, equipment, and asking price.

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