How much does the 2023 Volvo XC90 cost?

Prices have softened 15.22% compared to this time last year, making it a favorable time to shop this model year.

There are 2,414 listings available, which suggests you have a solid amount of inventory to compare.

If you find a listing below $40,214.84, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2023 Volvo XC90 a good car?

Yes — the 2023 Volvo XC90 earns a 5/5 user rating and an 8/10 expert rating.

The standout strength is Look and feel at 10/10.

It pairs an understated exterior with a beautiful interior and impressive technology, which makes it a strong fit if you want a premium family SUV that feels sophisticated rather than flashy. The trade-offs are practical: limited cargo space and difficult access to the third row. Technology is also a bit too touchscreen-dependent.

With 37.5% of listings marked as good or great deals, the market gives you some room to shop selectively.

Is the 2023 Volvo XC90 reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

The XC90’s safety reputation and refined driving character support confidence in day-to-day ownership, and its mild-hybrid powertrains are designed to smooth operation while nudging efficiency forward. The powertrain setup also helps the SUV feel modern without becoming complicated in a way that should worry you immediately.

The main long-term ownership risk for used buyers is that the XC90’s touchscreen-heavy layout may age less gracefully if you prefer simpler controls.

What should I look for when buying a used 2023 Volvo XC90?

Accident-free inventory is excellent at 90.8% — clean inventory, standard diligence applies.

You should still run a vehicle history report and prioritize a pre-purchase inspection, especially if you plan to use the third row often. Focus your walkaround on interior wear, cargo-area condition, and how well the tech and controls work in daily use.

Key things to evaluate:

• Trim level: The Core trim starts with the essentials, while the Plus and Ultimate add more luxury and convenience. The base setup is also where you’re most likely to feel the XC90’s minimalist approach and its reliance on the touchscreen.
• Powertrain: The XC90 uses B5 and B6 mild-hybrid powertrains for 2023. The B5 makes 247 horsepower and 258 pound-feet of torque, while the B6 makes 295 horsepower and 310 pound-feet. The mild-hybrid setup is meant to improve smoothness and efficiency, though the fuel-economy gains are modest.
• Safety package: Pilot Assist is standard, and it combines adaptive cruise control with lane-keeping assist. Those systems work well and help the XC90 feel reassuring in traffic and on the highway.
• Infotainment: The XC90 uses a 9-inch vertically oriented touchscreen with Google OS, Google Maps, Google Assistant, Spotify, NPR, and Android Auto built in. The system is forward-thinking, but many functions still live inside the screen.
• Fuel efficiency: The mild-hybrid setup is intended to improve fuel economy, but the gains are described as only a few mpg at most.

Which 2023 Volvo XC90 trim should I buy?

The 2023 Volvo XC90 is offered in 3 trim levels: Core, Plus, Ultimate.

Here's the short version:

• Base trim: The Core gives you the XC90’s core luxury and safety features, but it’s the most stripped-back version of the lineup and the one most likely to leave you wanting more convenience and polish.
• Sweet-spot trim: The Plus is the best value if you want a more complete luxury experience without jumping all the way to the top price tier.
• Premium/top trim: The Ultimate is the most luxurious choice, and it comes standard with the B6 powertrain. It’s the trim to choose if you want the richest feature set and don’t mind paying more.

The standard safety package includes Pilot Assist, adaptive cruise control, and lane-keeping assist.

Is now a good time to buy a used 2023 Volvo XC90?

This is a moderate buyer’s market, so you can shop selectively without expecting every listing to be a bargain.

• Deal availability: 37.5% of listings are priced as good or great deals.
• Inventory: There are 2,414 listings available.
• Price trend: Prices have softened 15.22% compared with last year.
• Clean inventory: 90.8% of listings are accident-free.

If you find a listing below $40,214.84, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Volvo XC90's resale value?

The current average of $40,195 sits slightly below last year's $47,410.

That price movement suggests the XC90 has become more accessible on the used market, which can help you buy at a better entry point today. For a future seller, the softer pricing means resale upside may be more limited than it was a year ago. Still, a well-kept XC90 with strong equipment and broad appeal should remain attractive to shoppers looking for a premium three-row SUV.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 Volvo XC90 safe?

It earns a five-star rating from NHTSA and was named a Top Safety Pick+ by IIHS.

It earns a 9/10 safety score from our experts.

The XC90’s standard safety tech includes adaptive cruise control, lane-keeping assist, and Pilot Assist, which helps maintain distance from the vehicle ahead from a standstill up to highway speed. Those systems are a major part of the XC90’s safety appeal and help it feel especially reassuring in traffic.

Should I buy a 2023 Volvo XC90 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:

• 37.5% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 90.8% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 15.22% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• It brings B5 and B6 mild-hybrid powertrains and Google-based infotainment.

Consider the 2022 if:

• At $30,978, the 2022 costs less than the current year's $40,195 average.
• It offers an available plug-in hybrid and up to 66 MPGe.

Consider the 2024 if:

• At $46,070, the 2024 costs more than the current year's $40,195 average.
• It adds a plug-in hybrid option and a more timeless design focus.

The bottom line: If you want the best balance of price, modern tech, and strong safety credentials, the 2023 is the smart default. If your priority is lower purchase cost, the 2022 is the value play. If you want the newer model-year feel and are willing to pay more, the 2024 is the premium alternative.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.