Used 2023 Volvo XC60 for Sale nearPalatine, IL

How much does the 2023 Volvo XC60 cost?

Prices have softened 10.07% compared to this time last year, making it a favorable time to shop this model year.

There are 2,315 listings available, which suggests you should have a workable range of options to compare.

If you find a listing below $33,874.69, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2023 Volvo XC60 a good car?

It’s a strong fit if you want a luxury SUV that blends plug-in hybrid flexibility with upscale design and family-friendly safety, though you should weigh its compromises carefully. The user rating is 3/5, and the expert rating is 8.00/10.

The model scores 10/10 across Look and feel and Safety.

The XC60 Recharge’s appeal is its dual personality: you can commute on electricity, then still rely on gasoline for longer trips without range anxiety. It also brings stylish design and impressive technology, which help it feel premium.

The trade-offs are real, though. Acceleration and braking can be abrupt rather than smooth, and rear-seat legroom is tight.

With 33.4% of listings marked as good or great deals, the market gives you some room to shop selectively.

Is the 2023 Volvo XC60 reliable?

The 2023 XC60’s appeal is reinforced by Volvo’s long-running focus on safety and by the model’s improved powertrain update. The plug-in hybrid setup is designed to let you ease into electric driving while keeping gasoline backup for longer trips, which reduces range anxiety.

The performance notes point to a powertrain that can run in electric-only mode for daily use, then switch to hybrid operation when needed. That flexibility is useful if you want one SUV to handle commuting, errands, and road trips.

If you choose a well-maintained example and keep up with charging and routine service, the main long-term ownership risk is paying premium-SUV costs for a vehicle that can be expensive to keep.

What should I look for when buying a used 2023 Volvo XC60?

Accident-free inventory is excellent at 91.8% — clean inventory, standard diligence applies.

You should still run a history report and prioritize a pre-purchase inspection, especially on a plug-in hybrid where charging behavior, brake feel, and drivetrain smoothness matter. Focus on overall condition, because the XC60’s value proposition depends heavily on how well it has been maintained and equipped.

Key things to evaluate:

• Trim level: The lineup spans Core, Plus, Ultimate, and Polestar Engineered, with Bright or Dark exterior themes. Base versions are less lavish than the higher trims, while the Ultimate test vehicle added upscale touches like a panoramic sunroof and crystal gear selector.
• Powertrain: The XC60 Recharge uses a turbocharged 2.0-liter four-cylinder gas engine, a rear electric motor, and an 18.8-kWh battery pack. It delivers an estimated 35 miles of electric driving range and 455 horsepower.
• Safety package: Pilot Assist combines adaptive cruise control with lane-centering, and Oncoming Lane Mitigation can help avoid collisions with oncoming traffic. The Ultimate trim came with all available safety features.
• Infotainment: You get a 12-inch digital instrument panel and a 9-inch portrait-style touchscreen with Google Built-in, wireless-style smartphone support through Apple CarPlay and Android-friendly integration, plus Wi-Fi access and SiriusXM satellite radio.
• Fuel efficiency: In testing, the XC60 Recharge averaged 54.6 mpg over a 65-mile evaluation route, and a 50.8-mile freeway trip in Charge mode returned 19.7 mpg while adding 20 miles of battery range.

Which 2023 Volvo XC60 trim should I buy?

The 2023 Volvo XC60 is offered in 4 trim levels: Core, Plus, Ultimate, and Polestar Engineered.

Here's the short version:

• Core: This is the entry point if you want the XC60’s core plug-in hybrid appeal without paying for the most luxurious extras. It gives you the model’s basic upscale design and electrified flexibility, but you’ll miss some of the richer cabin and convenience upgrades found higher up.
• Plus: This is the best-value choice for many shoppers because it should strike a better balance between equipment and price than the Core while staying below the most expensive trims. It makes sense if you want a more complete luxury experience without stretching to the top.
• Ultimate: This is the trim to target if you want the most polished version of the XC60 Recharge. It adds the richest cabin presentation and the broadest feature set, including the safety equipment and premium touches that make the SUV feel fully loaded.
• Polestar Engineered: Choose this if you want the most performance-focused version of the XC60 lineup. The expert notes suggest it’s the one to consider if you plan to drive the SUV more aggressively.

The Ultimate trim includes all of the XC60’s available safety features.

Is now a good time to buy a used 2023 Volvo XC60?

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

• Deal availability: 33.4% of listings are priced as good or great deals.
• Inventory: There are 2,315 listings available.
• Price trend: Prices have softened 10.07% compared with last year.
• Clean inventory: 91.8% of listings are accident-free.

If you find a listing below $33,874.69, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Volvo XC60's resale value?

The current average of $34,117 sits slightly below last year's $37,939.

That decline suggests the XC60 has softened enough to help used buyers today, but it also means future sellers may face a more competitive resale environment. If you buy now, you’re entering at a lower price point than last year’s average, which can help cushion depreciation. For a seller, the current trend points to a market that is still adjusting downward rather than rebounding.

Is the 2023 Volvo XC60 safe?

The 2023 Volvo XC60 B5 and B6 earn a Top Safety Pick+ rating from IIHS, and the XC60 B5 and B6 mild-hybrids earn top marks across the board from NHTSA.

It earns a 10/10 safety score from our experts.

Pilot Assist is Volvo’s most advanced driver-assistance system, combining adaptive cruise control with lane-centering capability on the highway. Oncoming Lane Mitigation is also included, helping guard against oncoming traffic and unsafe left turns across traffic.

Because the test vehicle was the Ultimate trim, it came with all of the XC60’s available safety features. That means lower trims may not match the same full safety equipment set.

Should I buy a 2023 Volvo XC60 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:

• 33.4% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 91.8% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 10.07% compared with last year.
• The mid-2022 powertrain update made the XC60 Recharge more compelling by improving its electric-driving capability and overall appeal.

Consider the 2022 if:

• At $27,202, the 2022 costs less than the current year's $34,117 average.
• The 2022 brings updated powertrains, refreshed styling, and a modern infotainment system.

The bottom line: Choose the 2023 if you want the stronger plug-in hybrid setup and are comfortable paying more for it. If your priority is saving money, the 2022 is the smarter value play because it still delivers the XC60’s core strengths at a lower entry price.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.