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Used 2020 Volvo S60 Cost to Own

Total 5-Year Ownership Costs

S60 Sedan

T5 Momentum 4dr Sedan (2.0L 4cyl Turbo 8A)

True Cost to Own

$44,581*

Total Cash Price

$19,626

T6 Momentum 4dr Sedan AWD (2.0L 4cyl Twincharger 8A)

True Cost to Own

$48,379*

Total Cash Price

$21,324

T6 Inscription 4dr Sedan AWD (2.0L 4cyl Twincharger 8A)

True Cost to Own

$49,706*

Total Cash Price

$22,374

T5 Inscription 4dr Sedan (2.0L 4cyl Turbo 8A)

True Cost to Own

$47,578*

Total Cash Price

$21,478

T6 R-Design 4dr Sedan AWD (2.0L 4cyl Twincharger 8A)

True Cost to Own

$50,542*

Total Cash Price

$25,289

T5 R-Design 4dr Sedan (2.0L 4cyl Turbo 8A)

True Cost to Own

$48,218*

Total Cash Price

$22,398

S60 Plug-in Hybrid

T8 R-Design Twin Engine Plug-In Hybrid 4dr Sedan AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)

True Cost to Own

$51,165*

Total Cash Price

$27,551

T8 Inscription Twin Engine Plug-In Hybrid 4dr Sedan AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)

True Cost to Own

$49,920*

Total Cash Price

$25,879

S60 T8 Polestar Engineered

T8 Polestar Engineered 4dr Sedan AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)

True Cost to Own

$53,028*

Total Cash Price

$31,780

Ownership Costs: 5-Year Total

Depreciation

$10,458

Taxes & Fees

$1,447

Financing

$3,442

Fuel

$12,132

Insurance

$4,083

Repairs

$5,471

Maintenance

$7,548

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 S60 Sedan T5 Momentum 4dr Sedan (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$769$792$816$840$866$4,083
Maintenance$1,212$882$296$2,581$2,577$7,548
Repairs$949$1,017$1,089$1,167$1,249$5,471
Taxes & Fees$1,307$35$35$35$35$1,447
Financing$1,179$952$706$444$161$3,442
Depreciation$3,722$2,141$1,660$1,426$1,509$10,458
Fuel$2,285$2,354$2,424$2,497$2,572$12,132
True Cost to Own®$11,423$8,173$7,026$8,990$8,969$44,581
Selected Model:

2020 S60 Sedan T6 Momentum 4dr Sedan AWD (2.0L 4cyl Twincharger 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$840$865$891$918$945$4,459
Maintenance$1,233$920$314$2,741$2,522$7,730
Repairs$1,012$1,084$1,161$1,244$1,331$5,832
Taxes & Fees$1,417$35$35$35$35$1,557
Financing$1,281$1,034$768$482$175$3,740
Depreciation$4,137$2,490$1,930$1,658$1,753$11,968
Fuel$2,466$2,540$2,616$2,695$2,776$13,093
True Cost to Own®$12,386$8,968$7,715$9,773$9,537$48,379
Selected Model:

2020 S60 Sedan T6 Inscription 4dr Sedan AWD (2.0L 4cyl Twincharger 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$840$865$891$918$945$4,459
Maintenance$1,233$920$314$2,741$2,522$7,730
Repairs$1,012$1,084$1,161$1,244$1,331$5,832
Taxes & Fees$1,485$35$35$35$35$1,625
Financing$1,344$1,085$806$506$183$3,924
Depreciation$4,516$2,711$2,101$1,806$1,909$13,043
Fuel$2,466$2,540$2,616$2,695$2,776$13,093
True Cost to Own®$12,896$9,240$7,924$9,945$9,701$49,706
Selected Model:

2020 S60 Sedan T5 Inscription 4dr Sedan (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$840$865$891$918$945$4,459
Maintenance$1,212$882$296$2,581$2,577$7,548
Repairs$949$1,017$1,089$1,167$1,249$5,471
Taxes & Fees$1,427$35$35$35$35$1,567
Financing$1,290$1,042$773$486$176$3,767
Depreciation$2,721$2,137$2,498$2,771$2,507$12,634
Fuel$2,285$2,354$2,424$2,497$2,572$12,132
True Cost to Own®$10,724$8,332$8,006$10,455$10,061$47,578
Selected Model:

2020 S60 Sedan T6 R-Design 4dr Sedan AWD (2.0L 4cyl Twincharger 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$798$822$847$872$898$4,237
Maintenance$1,233$920$314$2,741$2,522$7,730
Repairs$1,012$1,084$1,161$1,244$1,331$5,832
Taxes & Fees$1,673$35$35$35$35$1,813
Financing$1,519$1,227$910$572$207$4,435
Depreciation$4,534$2,553$2,369$2,089$1,857$13,402
Fuel$2,466$2,540$2,616$2,695$2,776$13,093
True Cost to Own®$13,235$9,181$8,252$10,248$9,626$50,542
Selected Model:

2020 S60 Sedan T5 R-Design 4dr Sedan (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$902$929$957$986$1,015$4,789
Maintenance$1,212$882$296$2,581$2,577$7,548
Repairs$949$1,017$1,089$1,167$1,249$5,471
Taxes & Fees$1,486$35$35$35$35$1,626
Financing$1,346$1,086$806$507$183$3,928
Depreciation$4,622$2,575$1,997$1,716$1,814$12,724
Fuel$2,285$2,354$2,424$2,497$2,572$12,132
True Cost to Own®$12,802$8,878$7,604$9,489$9,445$48,218
Selected Model:

2020 S60 Plug-in Hybrid T8 R-Design Twin Engine Plug-In Hybrid 4dr Sedan AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$795$819$843$869$895$4,221
Maintenance$1,414$982$362$2,798$2,522$8,078
Repairs$1,012$1,084$1,161$1,244$1,331$5,832
Taxes & Fees$1,820$35$35$35$35$1,960
Financing$1,655$1,336$992$623$226$4,832
Depreciation$5,200$3,221$2,496$2,145$2,269$15,331
Fuel$2,055$2,117$2,180$2,246$2,313$10,911
True Cost to Own®$13,951$9,594$8,069$9,960$9,591$51,165
Selected Model:

2020 S60 Plug-in Hybrid T8 Inscription Twin Engine Plug-In Hybrid 4dr Sedan AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$795$819$843$869$895$4,221
Maintenance$1,414$982$362$2,798$2,522$8,078
Repairs$1,012$1,084$1,161$1,244$1,331$5,832
Taxes & Fees$1,711$35$35$35$35$1,851
Financing$1,555$1,255$932$585$212$4,539
Depreciation$5,273$2,931$2,270$1,951$2,063$14,488
Fuel$2,055$2,117$2,180$2,246$2,313$10,911
True Cost to Own®$13,815$9,223$7,783$9,728$9,371$49,920
Selected Model:

2020 S60 T8 Polestar Engineered T8 Polestar Engineered 4dr Sedan AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$795$819$843$869$895$4,221
Maintenance$1,414$982$362$1,695$2,522$6,975
Repairs$1,012$1,084$1,161$1,244$1,331$5,832
Taxes & Fees$2,093$35$35$35$35$2,233
Financing$1,909$1,541$1,145$718$261$5,574
Depreciation$5,911$3,614$2,803$2,408$2,546$17,282
Fuel$2,055$2,117$2,180$2,246$2,313$10,911
True Cost to Own®$15,189$10,192$8,529$9,215$9,903$53,028

*Based on a 5-year estimate with 15,000 miles driven per year.

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True Cost To Own®

Edmunds.com's True Cost to Own® (TCO®) is proprietary data that helps you estimate the total five-year cost of buying and owning a vehicle — including some items you may not have taken into consideration. A benefit of using our TCO® tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice.