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Used 2021 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

$44,579*

Total Cash Price

$21,854

T5 Momentum 4dr Sedan w/Prod. End 11/20 (2.0L 4cyl Turbo 8A)

True Cost to Own

$42,265*

Total Cash Price

$21,510

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

True Cost to Own

$44,800*

Total Cash Price

$23,319

T6 Momentum 4dr Sedan AWD w/Prod. End 11/20 (2.0L 4cyl Twincharger 8A)

True Cost to Own

$48,525*

Total Cash Price

$23,399

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

True Cost to Own

$45,135*

Total Cash Price

$23,837

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

True Cost to Own

$45,697*

Total Cash Price

$24,038

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

True Cost to Own

$46,176*

Total Cash Price

$23,173

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

True Cost to Own

$45,279*

Total Cash Price

$22,567

T6 R-Design 4dr Sedan AWD w/Prod. End 11/20 (2.0L 4cyl Twincharger 8A)

True Cost to Own

$48,217*

Total Cash Price

$24,934

T6 Inscription 4dr Sedan AWD w/Prod. End 11/20 (2.0L 4cyl Twincharger 8A)

True Cost to Own

$49,713*

Total Cash Price

$25,425

S60 Plug-in Hybrid

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

True Cost to Own

$49,062*

Total Cash Price

$27,270

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

True Cost to Own

$45,646*

Total Cash Price

$25,731

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

True Cost to Own

$49,970*

Total Cash Price

$28,197

S60 T8 Polestar Engineered

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

True Cost to Own

$53,587*

Total Cash Price

$36,069

Ownership Costs: 5-Year Total

Depreciation

$13,196

Taxes & Fees

$220

Financing

$3,833

Fuel

$11,660

Insurance

$4,034

Repairs

$4,694

Maintenance

$6,942

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 S60 Sedan T5 Momentum 4dr Sedan (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$760$783$806$830$855$4,034
Maintenance$2,160$1,109$802$271$2,600$6,942
Repairs$810$870$935$1,003$1,076$4,694
Taxes & Fees$60$40$40$40$40$220
Financing$1,313$1,060$787$494$179$3,833
Depreciation$3,707$2,576$2,859$2,024$2,030$13,196
Fuel$2,196$2,262$2,330$2,400$2,472$11,660
True Cost to Own®$11,006$8,700$8,559$7,062$9,252$44,579
Selected Model:

2021 S60 Sedan T5 Momentum 4dr Sedan w/Prod. End 11/20 (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$760$783$806$830$855$4,034
Maintenance$1,108$1,109$802$271$1,548$4,838
Repairs$810$870$935$1,003$1,076$4,694
Taxes & Fees$60$40$40$40$40$220
Financing$1,292$1,043$775$486$177$3,773
Depreciation$3,749$2,522$2,802$1,984$1,989$13,046
Fuel$2,196$2,262$2,330$2,400$2,472$11,660
True Cost to Own®$9,975$8,629$8,490$7,014$8,157$42,265
Selected Model:

2021 S60 Sedan T5 Momentum 4dr Sedan AWD (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$735$757$780$803$827$3,902
Maintenance$1,038$1,109$802$271$1,468$4,688
Repairs$863$928$996$1,069$1,146$5,002
Taxes & Fees$60$40$40$40$40$220
Financing$1,401$1,131$839$528$191$4,090
Depreciation$4,412$2,818$3,130$2,216$2,222$14,798
Fuel$2,279$2,348$2,418$2,490$2,565$12,100
True Cost to Own®$10,788$9,131$9,005$7,417$8,459$44,800
Selected Model:

2021 S60 Sedan T6 Momentum 4dr Sedan AWD w/Prod. End 11/20 (2.0L 4cyl Twincharger 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$775$798$822$847$872$4,114
Maintenance$2,316$1,127$836$286$2,752$7,317
Repairs$863$928$996$1,069$1,146$5,002
Taxes & Fees$60$40$40$40$40$220
Financing$1,406$1,134$843$529$192$4,104
Depreciation$5,517$2,623$2,914$2,063$2,069$15,186
Fuel$2,370$2,441$2,514$2,590$2,667$12,582
True Cost to Own®$13,307$9,091$8,965$7,424$9,738$48,525
Selected Model:

2021 S60 Sedan T5 Inscription 4dr Sedan AWD (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$760$783$806$830$855$4,034
Maintenance$1,038$1,109$802$271$1,468$4,688
Repairs$863$928$996$1,069$1,146$5,002
Taxes & Fees$60$40$40$40$40$220
Financing$1,432$1,156$858$539$196$4,181
Depreciation$4,491$2,827$3,140$2,223$2,229$14,910
Fuel$2,279$2,348$2,418$2,490$2,565$12,100
True Cost to Own®$10,923$9,191$9,060$7,462$8,499$45,135
Selected Model:

2021 S60 Sedan T5 R-Design 4dr Sedan AWD (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$766$789$813$837$862$4,067
Maintenance$1,038$1,109$802$271$1,468$4,688
Repairs$863$928$996$1,069$1,146$5,002
Taxes & Fees$60$40$40$40$40$220
Financing$1,444$1,166$865$544$197$4,216
Depreciation$3,748$3,178$3,323$2,746$2,409$15,404
Fuel$2,279$2,348$2,418$2,490$2,565$12,100
True Cost to Own®$10,198$9,558$9,257$7,997$8,687$45,697
Selected Model:

2021 S60 Sedan T5 R-Design 4dr Sedan (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$766$789$813$837$862$4,067
Maintenance$2,160$1,109$802$271$2,600$6,942
Repairs$810$870$935$1,003$1,076$4,694
Taxes & Fees$60$40$40$40$40$220
Financing$1,392$1,124$834$524$190$4,064
Depreciation$4,491$2,724$3,025$2,142$2,147$14,529
Fuel$2,196$2,262$2,330$2,400$2,472$11,660
True Cost to Own®$11,875$8,918$8,779$7,217$9,387$46,176
Selected Model:

2021 S60 Sedan T5 Inscription 4dr Sedan (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$760$783$806$830$855$4,034
Maintenance$2,160$1,109$802$271$2,600$6,942
Repairs$810$870$935$1,003$1,076$4,694
Taxes & Fees$60$40$40$40$40$220
Financing$1,356$1,094$813$510$185$3,958
Depreciation$3,054$2,364$2,997$2,620$2,736$13,771
Fuel$2,196$2,262$2,330$2,400$2,472$11,660
True Cost to Own®$10,396$8,522$8,723$7,674$9,964$45,279
Selected Model:

2021 S60 Sedan T6 R-Design 4dr Sedan AWD w/Prod. End 11/20 (2.0L 4cyl Twincharger 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$799$823$848$873$899$4,242
Maintenance$2,316$1,127$836$286$2,752$7,317
Repairs$863$928$996$1,069$1,146$5,002
Taxes & Fees$60$40$40$40$40$220
Financing$1,498$1,209$898$564$204$4,373
Depreciation$4,137$2,231$2,609$2,799$2,705$14,481
Fuel$2,370$2,441$2,514$2,590$2,667$12,582
True Cost to Own®$12,043$8,799$8,741$8,221$10,413$48,217
Selected Model:

2021 S60 Sedan T6 Inscription 4dr Sedan AWD w/Prod. End 11/20 (2.0L 4cyl Twincharger 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$775$798$822$847$872$4,114
Maintenance$2,316$1,127$836$286$2,752$7,317
Repairs$863$928$996$1,069$1,146$5,002
Taxes & Fees$60$40$40$40$40$220
Financing$1,528$1,232$916$575$208$4,459
Depreciation$4,393$3,154$3,505$2,480$2,487$16,019
Fuel$2,370$2,441$2,514$2,590$2,667$12,582
True Cost to Own®$12,305$9,720$9,629$7,887$10,172$49,713
Selected Model:

2021 S60 Plug-in Hybrid Recharge Plug-In Hybrid T8 Inscription 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$763$786$809$834$859$4,051
Maintenance$2,294$1,295$898$333$2,872$7,692
Repairs$863$928$996$1,069$1,146$5,002
Taxes & Fees$60$40$40$40$40$220
Financing$1,638$1,323$982$616$224$4,783
Depreciation$4,155$3,440$3,819$2,704$2,711$16,829
Fuel$1,975$2,034$2,095$2,158$2,223$10,485
True Cost to Own®$11,748$9,846$9,639$7,754$10,075$49,062
Selected Model:

2021 S60 Plug-in Hybrid Recharge Plug-In Hybrid T8 R-Design Expression 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$763$786$809$834$859$4,051
Maintenance$1,242$1,295$898$333$1,820$5,588
Repairs$863$928$996$1,069$1,146$5,002
Taxes & Fees$60$40$40$40$40$220
Financing$1,546$1,248$926$582$211$4,513
Depreciation$4,341$3,106$3,450$2,442$2,448$15,787
Fuel$1,975$2,034$2,095$2,158$2,223$10,485
True Cost to Own®$10,790$9,437$9,214$7,458$8,747$45,646
Selected Model:

2021 S60 Plug-in Hybrid Recharge Plug-In Hybrid T8 R-Design 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$763$786$809$834$859$4,051
Maintenance$2,294$1,295$898$333$2,872$7,692
Repairs$863$928$996$1,069$1,146$5,002
Taxes & Fees$60$40$40$40$40$220
Financing$1,694$1,367$1,016$637$231$4,945
Depreciation$5,124$3,378$3,752$2,657$2,664$17,575
Fuel$1,975$2,034$2,095$2,158$2,223$10,485
True Cost to Own®$12,773$9,828$9,606$7,728$10,035$49,970
Selected Model:

2021 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$799$823$848$873$899$4,242
Maintenance$1,242$1,295$898$333$1,820$5,588
Repairs$863$928$996$1,069$1,146$5,002
Taxes & Fees$60$40$40$40$40$220
Financing$2,167$1,749$1,299$815$296$6,326
Depreciation$6,111$4,237$4,706$3,330$3,340$21,724
Fuel$1,975$2,034$2,095$2,158$2,223$10,485
True Cost to Own®$13,217$11,106$10,882$8,618$9,764$53,587

*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.