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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

$49,052*

Total Cash Price

$20,725

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

True Cost to Own

$46,518*

Total Cash Price

$20,647

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

True Cost to Own

$48,921*

Total Cash Price

$22,050

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

True Cost to Own

$53,072*

Total Cash Price

$22,882

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

True Cost to Own

$50,947*

Total Cash Price

$23,701

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

True Cost to Own

$49,667*

Total Cash Price

$22,958

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

True Cost to Own

$52,810*

Total Cash Price

$24,099

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

True Cost to Own

$50,545*

Total Cash Price

$23,109

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

True Cost to Own

$55,487*

Total Cash Price

$27,548

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

True Cost to Own

$54,231*

Total Cash Price

$24,045

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

$55,856*

Total Cash Price

$28,817

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

$50,253*

Total Cash Price

$25,352

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

True Cost to Own

$56,038*

Total Cash Price

$29,215

S60 T8 Polestar Engineered

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

True Cost to Own

$58,410*

Total Cash Price

$34,902

Ownership Costs: 5-Year Total

Depreciation

$10,973

Taxes & Fees

$2,634

Financing

$3,635

Fuel

$11,660

Insurance

$5,803

Repairs

$6,073

Maintenance

$8,274

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$1,093$1,126$1,160$1,194$1,230$5,803
Maintenance$2,533$1,341$995$332$3,073$8,274
Repairs$1,054$1,126$1,203$1,295$1,395$6,073
Taxes & Fees$1,800$267$223$187$157$2,634
Financing$1,245$1,005$746$469$170$3,635
Depreciation$3,497$2,158$2,209$1,630$1,479$10,973
Fuel$2,196$2,262$2,330$2,400$2,472$11,660
True Cost to Own®$13,418$9,285$8,866$7,507$9,976$49,052
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$1,093$1,126$1,160$1,194$1,230$5,803
Maintenance$1,421$1,341$995$332$1,961$6,050
Repairs$1,054$1,126$1,203$1,295$1,395$6,073
Taxes & Fees$1,793$266$222$187$156$2,624
Financing$1,241$1,001$743$467$169$3,621
Depreciation$3,107$2,189$2,240$1,652$1,499$10,687
Fuel$2,196$2,262$2,330$2,400$2,472$11,660
True Cost to Own®$11,905$9,311$8,893$7,527$8,882$46,518
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$1,015$1,045$1,077$1,109$1,142$5,388
Maintenance$1,318$1,341$995$332$1,845$5,831
Repairs$1,122$1,201$1,283$1,381$1,487$6,474
Taxes & Fees$1,914$284$238$199$167$2,802
Financing$1,325$1,069$794$498$181$3,867
Depreciation$4,319$2,350$2,405$1,775$1,610$12,459
Fuel$2,279$2,348$2,418$2,490$2,565$12,100
True Cost to Own®$13,292$9,638$9,210$7,784$8,997$48,921
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$1,104$1,137$1,171$1,206$1,243$5,861
Maintenance$2,687$1,368$1,044$355$3,221$8,675
Repairs$1,122$1,201$1,283$1,381$1,487$6,474
Taxes & Fees$1,985$295$247$207$173$2,907
Financing$1,375$1,109$824$518$187$4,013
Depreciation$3,977$2,477$2,536$1,872$1,698$12,560
Fuel$2,370$2,441$2,514$2,590$2,667$12,582
True Cost to Own®$14,620$10,028$9,619$8,129$10,676$53,072
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$1,093$1,126$1,160$1,194$1,230$5,803
Maintenance$1,318$1,341$995$332$1,845$5,831
Repairs$1,122$1,201$1,283$1,381$1,487$6,474
Taxes & Fees$2,056$305$255$214$180$3,010
Financing$1,424$1,149$854$536$194$4,157
Depreciation$4,177$2,713$2,775$2,049$1,858$13,572
Fuel$2,279$2,348$2,418$2,490$2,565$12,100
True Cost to Own®$13,469$10,183$9,740$8,196$9,359$50,947
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$1,214$1,250$1,288$1,327$1,366$6,445
Maintenance$1,318$1,341$995$332$1,845$5,831
Repairs$1,122$1,201$1,283$1,381$1,487$6,474
Taxes & Fees$1,992$296$247$208$174$2,917
Financing$1,379$1,113$827$519$189$4,027
Depreciation$3,730$2,351$2,405$1,776$1,611$11,873
Fuel$2,279$2,348$2,418$2,490$2,565$12,100
True Cost to Own®$13,034$9,900$9,463$8,033$9,237$49,667
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$1,214$1,250$1,288$1,327$1,366$6,445
Maintenance$2,533$1,341$995$332$3,073$8,274
Repairs$1,054$1,126$1,203$1,295$1,395$6,073
Taxes & Fees$2,090$310$260$218$183$3,061
Financing$1,448$1,168$868$545$198$4,227
Depreciation$4,113$2,586$2,646$1,953$1,772$13,070
Fuel$2,196$2,262$2,330$2,400$2,472$11,660
True Cost to Own®$14,648$10,043$9,590$8,070$10,459$52,810
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$1,093$1,126$1,160$1,194$1,230$5,803
Maintenance$2,533$1,341$995$332$3,073$8,274
Repairs$1,054$1,126$1,203$1,295$1,395$6,073
Taxes & Fees$2,005$298$249$209$175$2,936
Financing$1,388$1,121$832$523$189$4,053
Depreciation$2,866$1,871$2,000$2,260$2,749$11,746
Fuel$2,196$2,262$2,330$2,400$2,472$11,660
True Cost to Own®$13,135$9,145$8,769$8,213$11,283$50,545
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$1,115$1,148$1,183$1,218$1,255$5,919
Maintenance$2,687$1,368$1,044$355$3,221$8,675
Repairs$1,122$1,201$1,283$1,381$1,487$6,474
Taxes & Fees$2,387$355$297$249$209$3,497
Financing$1,655$1,336$992$623$226$4,832
Depreciation$3,950$2,685$2,503$2,322$2,048$13,508
Fuel$2,370$2,441$2,514$2,590$2,667$12,582
True Cost to Own®$15,286$10,534$9,816$8,738$11,113$55,487
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$1,104$1,137$1,171$1,206$1,243$5,861
Maintenance$2,687$1,368$1,044$355$3,221$8,675
Repairs$1,122$1,201$1,283$1,381$1,487$6,474
Taxes & Fees$2,086$310$259$217$182$3,054
Financing$1,445$1,165$866$544$197$4,217
Depreciation$4,183$2,652$2,713$2,003$1,817$13,368
Fuel$2,370$2,441$2,514$2,590$2,667$12,582
True Cost to Own®$14,997$10,274$9,850$8,296$10,814$54,231
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$1,069$1,101$1,134$1,168$1,203$5,675
Maintenance$2,664$1,550$1,085$394$3,368$9,061
Repairs$1,122$1,201$1,283$1,381$1,487$6,474
Taxes & Fees$2,496$371$311$261$218$3,657
Financing$1,731$1,398$1,037$652$236$5,054
Depreciation$4,796$3,076$3,147$2,323$2,108$15,450
Fuel$1,975$2,034$2,095$2,158$2,223$10,485
True Cost to Own®$15,853$10,731$10,092$8,337$10,843$55,856
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$1,069$1,101$1,134$1,168$1,203$5,675
Maintenance$1,552$1,550$1,085$394$2,256$6,837
Repairs$1,122$1,201$1,283$1,381$1,487$6,474
Taxes & Fees$2,198$326$273$229$192$3,218
Financing$1,523$1,229$913$574$207$4,446
Depreciation$3,346$2,821$2,888$2,130$1,933$13,118
Fuel$1,975$2,034$2,095$2,158$2,223$10,485
True Cost to Own®$12,785$10,262$9,671$8,034$9,501$50,253
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$1,069$1,101$1,134$1,168$1,203$5,675
Maintenance$2,664$1,550$1,085$394$3,368$9,061
Repairs$1,122$1,201$1,283$1,381$1,487$6,474
Taxes & Fees$2,530$376$315$264$221$3,706
Financing$1,755$1,417$1,052$660$240$5,124
Depreciation$4,507$3,178$3,251$2,400$2,177$15,513
Fuel$1,975$2,034$2,095$2,158$2,223$10,485
True Cost to Own®$15,622$10,857$10,215$8,425$10,919$56,038
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$1,115$1,148$1,183$1,218$1,255$5,919
Maintenance$1,552$1,550$1,085$394$2,256$6,837
Repairs$1,122$1,201$1,283$1,381$1,487$6,474
Taxes & Fees$3,021$450$376$316$265$4,428
Financing$2,097$1,692$1,257$789$286$6,121
Depreciation$5,158$3,749$3,837$2,832$2,570$18,146
Fuel$1,975$2,034$2,095$2,158$2,223$10,485
True Cost to Own®$16,040$11,824$11,116$9,088$10,342$58,410

*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.