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Used 2020 Volvo V60 Cost to Own

Total 5-Year Ownership Costs

V60 Wagon

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

True Cost to Own

$49,509*

Total Cash Price

$22,518

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

True Cost to Own

$51,004*

Total Cash Price

$23,599

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

True Cost to Own

$60,317*

Total Cash Price

$36,727

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

True Cost to Own

$48,998*

Total Cash Price

$23,705

Ownership Costs: 5-Year Total

Depreciation

$11,119

Taxes & Fees

$1,919

Financing

$3,949

Fuel

$12,044

Insurance

$4,869

Repairs

$6,945

Maintenance

$8,664

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 V60 Wagon T5 Momentum 4dr Wagon (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$917$945$973$1,002$1,032$4,869
Maintenance$1,370$1,015$343$3,087$2,849$8,664
Repairs$1,195$1,286$1,382$1,486$1,596$6,945
Taxes & Fees$1,545$0$187$0$187$1,919
Financing$1,353$1,092$811$509$184$3,949
Depreciation$4,193$2,202$1,707$1,466$1,551$11,119
Fuel$2,268$2,337$2,407$2,479$2,553$12,044
True Cost to Own®$12,841$8,877$7,810$10,029$9,952$49,509
Selected Model:

2020 V60 Wagon T5 R-Design 4dr Wagon (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$945$973$1,003$1,033$1,064$5,018
Maintenance$1,370$1,015$343$3,087$2,849$8,664
Repairs$1,195$1,286$1,382$1,486$1,596$6,945
Taxes & Fees$1,607$0$187$0$187$1,981
Financing$1,418$1,144$850$533$194$4,139
Depreciation$4,865$2,336$1,810$1,556$1,646$12,213
Fuel$2,268$2,337$2,407$2,479$2,553$12,044
True Cost to Own®$13,668$9,091$7,982$10,174$10,089$51,004
Selected Model:

2020 V60 Wagon T8 Polestar Engineered 4dr Wagon AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$945$973$1,003$1,033$1,064$5,018
Maintenance$1,596$983$289$3,303$3,153$9,324
Repairs$1,274$1,371$1,474$1,584$1,702$7,405
Taxes & Fees$2,301$0$135$0$135$2,571
Financing$2,207$1,780$1,323$830$302$6,442
Depreciation$5,859$4,091$3,170$2,725$2,882$18,727
Fuel$2,040$2,101$2,164$2,229$2,296$10,830
True Cost to Own®$16,222$11,299$9,558$11,704$11,534$60,317
Selected Model:

2020 V60 Wagon T5 Inscription 4dr Wagon (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$945$973$1,003$1,033$1,064$5,018
Maintenance$1,370$1,015$343$1,806$2,849$7,383
Repairs$1,195$1,286$1,382$1,486$1,596$6,945
Taxes & Fees$1,613$0$187$0$187$1,987
Financing$1,424$1,150$853$536$195$4,158
Depreciation$4,193$2,311$1,791$1,540$1,628$11,463
Fuel$2,268$2,337$2,407$2,479$2,553$12,044
True Cost to Own®$13,008$9,072$7,966$8,880$10,072$48,998

*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.