Used 2024 Volvo XC60 for Sale nearMemphis, TN

How much does the 2024 Volvo XC60 cost?

Prices have softened 7.27% compared to this time last year, making it a favorable time to shop this model year.

There are 2,355 listings available, which suggests you have a meaningful amount of inventory to compare.

Is the 2024 Volvo XC60 a good car?

Yes — the 2024 Volvo XC60 earns a 5/5 user rating, which points to strong owner satisfaction. The XC60 stands out as a premium compact crossover that leans heavily on safety, technology, and clean Scandinavian design. It is aimed at you if you want a five-passenger SUV that feels upscale without being flashy, and its appeal is rooted in that combination of practicality and polish. The model’s standard safety tech, luxurious amenities, and straightforward design are major draws, while its tight rear-seat legroom and less-smooth acceleration and braking are the main tradeoffs to weigh. With 37.5% of listings marked as good or great deals, the market still offers some attractive opportunities.

Is the 2024 Volvo XC60 reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction. The 2024 XC60’s reliability case is built around Volvo’s long-standing emphasis on safety tech, standard all-wheel drive, and a well-equipped, polished cabin. It also offers a 2.0-liter turbocharged 48V mild-hybrid inline-four, and the plug-in hybrid version remains part of the lineup, giving you multiple powertrain paths within the same model year. For used buyers, the main long-term ownership risk is less about basic appeal and more about making sure the vehicle has been maintained carefully, especially if you want to avoid surprises from a premium, technology-heavy SUV.

What should I look for when buying a used 2024 Volvo XC60?

Accident-free inventory is excellent at 91.6% — clean inventory, standard diligence applies.

You should still run a history report to confirm the vehicle’s background and verify that the listing matches the seller’s claims. Put inspection priority on the condition of the cabin, electronics, and drivability, since this model’s appeal depends heavily on its tech and premium feel. Also pay close attention to rear-seat space and overall wear, because condition matters a lot when you are shopping a luxury crossover.

Is now a good time to buy a used 2024 Volvo XC60?

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

• Deal availability: 37.5% of listings are priced as good or great deals.
• Inventory: There are 2,355 listings available.
• Price trend: Prices have softened 7.27% compared with last year.
• Clean inventory: 91.6% of listings are accident-free.

If you find a listing below $37,264, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 Volvo XC60's resale value?

The current average of $37,796 sits slightly below last year's $40,757.

That price movement suggests the XC60 has softened enough to create a more approachable entry point for you as a buyer, but it also means future sellers may need to be realistic about pricing. If the market continues to favor shoppers, resale values can stay under pressure unless a vehicle is especially clean, well-optioned, and competitively priced. Strong condition and clear maintenance history will matter more when you eventually go to sell.

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

Should I buy a 2024 Volvo XC60 or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 37.5% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 91.6% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 7.27% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2023 if:

• At $32,423, the 2023 costs less than the current year's $37,796 average.
• The 2023 is a plug-in hybrid luxury SUV that offers electric-only driving without giving up gasoline range.

The bottom line: If you want the newer model-year pricing context, strong inventory quality, and broad appeal, the 2024 is the better primary path. If your priority is saving money and you like the plug-in hybrid setup, the 2023 is the more price-sensitive alternative.

How does the 2024 Volvo XC60 compare to the 2024 Audi Q5?

Read our full side-by-side expert comparison here.

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