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
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
2020 S60 Sedan T5 Momentum 4dr Sedan (2.0L 4cyl Turbo 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
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 |
2020 S60 Sedan T6 Momentum 4dr Sedan AWD (2.0L 4cyl Twincharger 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
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 |
2020 S60 Sedan T6 Inscription 4dr Sedan AWD (2.0L 4cyl Twincharger 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
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 |
2020 S60 Sedan T5 Inscription 4dr Sedan (2.0L 4cyl Turbo 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
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 |
2020 S60 Sedan T6 R-Design 4dr Sedan AWD (2.0L 4cyl Twincharger 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
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 |
2020 S60 Sedan T5 R-Design 4dr Sedan (2.0L 4cyl Turbo 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
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 |
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)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
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 |
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)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
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 |
2020 S60 T8 Polestar Engineered T8 Polestar Engineered 4dr Sedan AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
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.
Shop nowLearn about the 2020 S60True 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.