Skip to main content

Used 2021 Volvo V60 Cost to Own

Total 5-Year Ownership Costs

V60 T8 Polestar Engineered

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

True Cost to Own

$57,849*

Total Cash Price

$38,893

V60 Wagon

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

True Cost to Own

$48,608*

Total Cash Price

$25,287

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

True Cost to Own

$47,031*

Total Cash Price

$24,512

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

True Cost to Own

$46,194*

Total Cash Price

$25,329

This car may qualify for a Federal EV Tax Credit. See 2021 Volvo V60 Incentives
Ownership Costs: 5-Year Total

Depreciation

$19,174

Taxes & Fees

$2,694

Financing

$6,821

Fuel

$10,911

Insurance

$4,289

Repairs

$5,554

Maintenance

$8,406

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 V60 T8 Polestar Engineered 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$808$832$857$883$909$4,289
Maintenance$2,728$1,448$841$246$3,143$8,406
Repairs$963$1,033$1,106$1,184$1,268$5,554
Taxes & Fees$2,554$35$35$35$35$2,694
Financing$2,337$1,885$1,401$879$319$6,821
Depreciation$5,066$4,072$4,167$3,077$2,792$19,174
Fuel$2,055$2,117$2,180$2,246$2,313$10,911
True Cost to Own®$16,511$11,422$10,587$8,550$10,779$57,849
Selected Model:

2021 V60 Wagon T5 R-Design 4dr Wagon (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$808$832$857$883$909$4,289
Maintenance$2,513$1,220$874$300$2,977$7,884
Repairs$904$969$1,038$1,111$1,190$5,212
Taxes & Fees$1,673$35$35$35$35$1,813
Financing$1,519$1,226$911$572$207$4,435
Depreciation$4,935$2,283$2,336$1,725$1,564$12,843
Fuel$2,285$2,354$2,424$2,497$2,572$12,132
True Cost to Own®$14,637$8,919$8,475$7,123$9,454$48,608
Selected Model:

2021 V60 Wagon T5 Momentum 4dr Wagon (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$808$832$857$883$909$4,289
Maintenance$2,513$1,220$874$300$2,977$7,884
Repairs$904$969$1,038$1,111$1,190$5,212
Taxes & Fees$1,623$35$35$35$35$1,763
Financing$1,473$1,188$883$554$201$4,299
Depreciation$3,401$2,325$2,379$1,755$1,592$11,452
Fuel$2,285$2,354$2,424$2,497$2,572$12,132
True Cost to Own®$13,007$8,923$8,490$7,135$9,476$47,031
Selected Model:

2021 V60 Wagon T5 Inscription 4dr Wagon (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$808$832$857$883$909$4,289
Maintenance$1,243$1,220$874$300$1,707$5,344
Repairs$904$969$1,038$1,111$1,190$5,212
Taxes & Fees$1,676$35$35$35$35$1,816
Financing$1,522$1,228$912$573$207$4,442
Depreciation$5,057$2,282$2,335$1,722$1,563$12,959
Fuel$2,285$2,354$2,424$2,497$2,572$12,132
True Cost to Own®$13,495$8,920$8,475$7,121$8,183$46,194
Ownership costs do not include any Federal EV Tax Credits. See 2021 Volvo V60 Incentives

*Based on a 5-year estimate with 15,000 miles driven per year.

Shop nowLearn about the 2021 V60 

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.