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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

$48,985*

Total Cash Price

$20,590

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

True Cost to Own

$46,097*

Total Cash Price

$20,130

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

True Cost to Own

$48,771*

Total Cash Price

$21,874

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

True Cost to Own

$53,036*

Total Cash Price

$22,789

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

True Cost to Own

$50,612*

Total Cash Price

$23,317

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

True Cost to Own

$49,381*

Total Cash Price

$22,610

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

True Cost to Own

$52,752*

Total Cash Price

$23,979

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

True Cost to Own

$50,447*

Total Cash Price

$22,934

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

True Cost to Own

$55,454*

Total Cash Price

$27,452

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

True Cost to Own

$54,034*

Total Cash Price

$23,764

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

$55,560*

Total Cash Price

$28,414

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

$50,135*

Total Cash Price

$25,205

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

True Cost to Own

$55,873*

Total Cash Price

$28,964

S60 T8 Polestar Engineered

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

True Cost to Own

$58,248*

Total Cash Price

$34,707

Ownership Costs: 5-Year Total

Depreciation

$10,903

Taxes & Fees

$2,617

Financing

$3,611

Fuel

$11,660

Insurance

$5,803

Repairs

$6,073

Maintenance

$8,318

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$2,555$1,341$995$332$3,095$8,318
Repairs$1,054$1,126$1,203$1,295$1,395$6,073
Taxes & Fees$1,788$265$222$186$156$2,617
Financing$1,237$998$742$465$169$3,611
Depreciation$3,475$2,144$2,195$1,620$1,469$10,903
Fuel$2,196$2,262$2,330$2,400$2,472$11,660
True Cost to Own®$13,398$9,262$8,847$7,492$9,986$48,985
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$1,749$259$217$182$153$2,560
Financing$1,209$976$725$455$166$3,531
Depreciation$3,029$2,134$2,184$1,611$1,462$10,420
Fuel$2,196$2,262$2,330$2,400$2,472$11,660
True Cost to Own®$11,751$9,224$8,814$7,469$8,839$46,097
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$1,899$282$236$198$166$2,781
Financing$1,314$1,061$788$494$179$3,836
Depreciation$4,285$2,332$2,386$1,761$1,597$12,361
Fuel$2,279$2,348$2,418$2,490$2,565$12,100
True Cost to Own®$13,232$9,610$9,183$7,765$8,981$48,771
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$2,708$1,368$1,044$355$3,243$8,718
Repairs$1,122$1,201$1,283$1,381$1,487$6,474
Taxes & Fees$1,978$293$246$206$173$2,896
Financing$1,369$1,105$821$515$187$3,997
Depreciation$3,960$2,467$2,526$1,864$1,691$12,508
Fuel$2,370$2,441$2,514$2,590$2,667$12,582
True Cost to Own®$14,611$10,012$9,605$8,117$10,691$53,036
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$2,023$300$251$211$177$2,962
Financing$1,401$1,130$840$527$192$4,090
Depreciation$4,110$2,669$2,730$2,015$1,828$13,352
Fuel$2,279$2,348$2,418$2,490$2,565$12,100
True Cost to Own®$13,346$10,115$9,677$8,150$9,324$50,612
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$1,962$291$244$204$171$2,872
Financing$1,358$1,097$814$511$186$3,966
Depreciation$3,673$2,315$2,369$1,749$1,587$11,693
Fuel$2,279$2,348$2,418$2,490$2,565$12,100
True Cost to Own®$12,926$9,843$9,411$7,994$9,207$49,381
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$2,555$1,341$995$332$3,095$8,318
Repairs$1,054$1,126$1,203$1,295$1,395$6,073
Taxes & Fees$2,080$309$258$217$182$3,046
Financing$1,441$1,162$864$542$197$4,206
Depreciation$4,093$2,573$2,632$1,943$1,763$13,004
Fuel$2,196$2,262$2,330$2,400$2,472$11,660
True Cost to Own®$14,633$10,023$9,570$8,056$10,470$52,752
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$2,555$1,341$995$332$3,095$8,318
Repairs$1,054$1,126$1,203$1,295$1,395$6,073
Taxes & Fees$1,990$295$247$207$174$2,913
Financing$1,378$1,112$826$518$188$4,022
Depreciation$2,844$1,857$1,985$2,243$2,729$11,658
Fuel$2,196$2,262$2,330$2,400$2,472$11,660
True Cost to Own®$13,110$9,119$8,746$8,189$11,283$50,447
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$2,708$1,368$1,044$355$3,243$8,718
Repairs$1,122$1,201$1,283$1,381$1,487$6,474
Taxes & Fees$2,379$354$296$248$208$3,485
Financing$1,649$1,331$989$621$225$4,815
Depreciation$3,936$2,676$2,494$2,314$2,041$13,461
Fuel$2,370$2,441$2,514$2,590$2,667$12,582
True Cost to Own®$15,279$10,519$9,803$8,727$11,126$55,454
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$2,708$1,368$1,044$355$3,243$8,718
Repairs$1,122$1,201$1,283$1,381$1,487$6,474
Taxes & Fees$2,062$306$256$215$180$3,019
Financing$1,428$1,152$856$537$195$4,168
Depreciation$4,134$2,621$2,681$1,980$1,796$13,212
Fuel$2,370$2,441$2,514$2,590$2,667$12,582
True Cost to Own®$14,928$10,226$9,805$8,264$10,811$54,034
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$2,685$1,550$1,085$394$3,390$9,104
Repairs$1,122$1,201$1,283$1,381$1,487$6,474
Taxes & Fees$2,462$366$306$257$215$3,606
Financing$1,707$1,378$1,023$642$234$4,984
Depreciation$4,728$3,033$3,103$2,290$2,078$15,232
Fuel$1,975$2,034$2,095$2,158$2,223$10,485
True Cost to Own®$15,748$10,663$10,029$8,290$10,830$55,560
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$2,186$325$272$228$191$3,202
Financing$1,514$1,222$908$570$207$4,421
Depreciation$3,326$2,804$2,871$2,118$1,922$13,041
Fuel$1,975$2,034$2,095$2,158$2,223$10,485
True Cost to Own®$12,744$10,237$9,648$8,017$9,489$50,135
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$2,685$1,550$1,085$394$3,390$9,104
Repairs$1,122$1,201$1,283$1,381$1,487$6,474
Taxes & Fees$2,509$373$312$262$220$3,676
Financing$1,740$1,405$1,043$654$238$5,080
Depreciation$4,468$3,151$3,223$2,379$2,158$15,379
Fuel$1,975$2,034$2,095$2,158$2,223$10,485
True Cost to Own®$15,568$10,815$10,175$8,396$10,919$55,873
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$3,004$447$374$314$263$4,402
Financing$2,085$1,683$1,250$785$284$6,087
Depreciation$5,130$3,728$3,815$2,816$2,555$18,044
Fuel$1,975$2,034$2,095$2,158$2,223$10,485
True Cost to Own®$15,983$11,791$11,085$9,066$10,323$58,248

*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.