How much does the 2024 Volvo XC60 cost?

Prices have softened 12.06% compared to this time last year, making it a favorable time to shop this model year.

There are 2,465 listings available, which suggests solid inventory for comparison shopping.

If you find a listing below $37,632.94, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2024 Volvo XC60 a good car?

Yes — the 5/5 user rating points to strong owner satisfaction for this model year.

The 2024 XC60 is positioned as a premium compact crossover with a strong safety focus, standard safety tech, luxurious amenities, and fuel-efficient powertrains. It also emphasizes a practical five-passenger layout and a premium feel, which makes it appealing if you want a luxury SUV that balances everyday usability with upscale design.

The market also shows 34.3% of listings as good or great deals, which gives you some room to shop selectively.

Is the 2024 Volvo XC60 reliable?

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

The 2024 XC60’s reputation is reinforced by its strong safety record, and it has been a frequent IIHS Top Safety Pick or Top Safety Pick+ choice since it entered the U.S. in 2010, with one exception. That history supports confidence if you want a used luxury SUV with a safety-first identity.

For used buyers, the main long-term ownership risk is paying premium prices for a vehicle that can still vary meaningfully in condition and equipment.

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

Accident-free inventory is excellent at 92.8% — clean inventory, standard diligence applies.

You should still run a history report so you can confirm the vehicle’s background and spot any hidden issues. Prioritize a pre-purchase inspection, especially if you’re comparing multiple listings with similar prices.

Focus on overall condition, equipment completeness, and whether the SUV has been maintained in a way that matches its premium positioning.

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

This looks like a moderate market, so you can be selective without expecting deep bargain-bin pricing.

• Deal availability: 34.3% of listings are priced as good or great deals.
• Inventory: There are 2,465 listings available.
• Price trend: Prices have softened 12.06% compared with last year.
• Clean inventory: 92.8% of listings are accident-free.

If you find a listing below $37,632.94, 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 $38,905 sits slightly below last year's $44,243.

That decline suggests the market has become more favorable for buyers, but it also means future sellers may need to price carefully to stay competitive. If you buy well now, you may have a better chance of limiting depreciation pressure later.

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:

• 34.3% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 92.8% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 12.06% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2023 if:

• At $34,669, the 2023 costs less than the current year's $38,905 average.
• It offers plug-in hybrid flexibility with electric-only driving and road-trip range.

The bottom line: If you want the newer model year with strong inventory, a softer price trend, and broad appeal, the 2024 is the better default choice. If your priority is spending less up front and you want plug-in hybrid capability, the 2023 is the smarter secondary path.

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