Used 2020 Volvo XC60 Cost to Own
Total 5-Year Ownership Costs
XC60 SUV
T5 Momentum 4dr SUV AWD (2.0L 4cyl Turbo 8A)
True Cost to Own
$52,249*
Total Cash Price
$25,009
T5 Inscription 4dr SUV AWD (2.0L 4cyl Turbo 8A)
True Cost to Own
$55,635*
Total Cash Price
$26,724
T5 Inscription 4dr SUV (2.0L 4cyl Turbo 8A)
True Cost to Own
$53,343*
Total Cash Price
$25,563
T6 Inscription 4dr SUV AWD (2.0L 4cyl Twincharger 8A)
True Cost to Own
$56,947*
Total Cash Price
$28,449
T5 Momentum 4dr SUV (2.0L 4cyl Turbo 8A)
True Cost to Own
$49,813*
Total Cash Price
$23,531
T6 Momentum 4dr SUV AWD (2.0L 4cyl Twincharger 8A)
True Cost to Own
$54,046*
Total Cash Price
$25,414
T5 R-Design 4dr SUV (2.0L 4cyl Turbo 8A)
True Cost to Own
$53,249*
Total Cash Price
$25,870
T5 R-Design 4dr SUV AWD (2.0L 4cyl Turbo 8A)
True Cost to Own
$56,810*
Total Cash Price
$27,477
T6 R-Design 4dr SUV AWD (2.0L 4cyl Twincharger 8A)
True Cost to Own
$56,782*
Total Cash Price
$29,612
T8 Polestar Engineered 4dr SUV AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)
True Cost to Own
$62,215*
Total Cash Price
$36,115
XC60 Plug-in Hybrid
T8 Inscription Twin Engine Plug-In Hybrid 4dr SUV AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)
True Cost to Own
$56,956*
Total Cash Price
$30,114
T8 Momentum Twin Engine Plug-In Hybrid 4dr SUV AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)
True Cost to Own
$55,648*
Total Cash Price
$29,122
T8 R-Design Twin Engine Plug-In Hybrid 4dr SUV AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)
True Cost to Own
$57,892*
Total Cash Price
$31,749
Depreciation
$12,206
Taxes & Fees
$3,108
Financing
$4,386
Fuel
$13,154
Insurance
$5,696
Repairs
$5,832
Maintenance
$7,867
Ownership Costs: 5-Year Breakdown
2020 XC60 SUV T5 Momentum 4dr SUV AWD (2.0L 4cyl Turbo 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,073 | $1,105 | $1,138 | $1,172 | $1,208 | $5,696 |
Maintenance | $1,134 | $839 | $254 | $3,186 | $2,454 | $7,867 |
Repairs | $1,012 | $1,084 | $1,161 | $1,244 | $1,331 | $5,832 |
Taxes & Fees | $3,028 | $20 | $20 | $20 | $20 | $3,108 |
Financing | $1,503 | $1,212 | $901 | $565 | $205 | $4,386 |
Depreciation | $4,431 | $2,696 | $2,124 | $1,726 | $1,229 | $12,206 |
Fuel | $2,478 | $2,552 | $2,628 | $2,707 | $2,789 | $13,154 |
True Cost to Own® | $14,659 | $9,508 | $8,226 | $10,620 | $9,236 | $52,249 |
2020 XC60 SUV T5 Inscription 4dr SUV AWD (2.0L 4cyl Turbo 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,357 | $1,398 | $1,440 | $1,483 | $1,527 | $7,205 |
Maintenance | $1,134 | $839 | $254 | $3,186 | $2,454 | $7,867 |
Repairs | $1,012 | $1,084 | $1,161 | $1,244 | $1,331 | $5,832 |
Taxes & Fees | $3,232 | $20 | $20 | $20 | $20 | $3,312 |
Financing | $1,606 | $1,295 | $963 | $604 | $219 | $4,687 |
Depreciation | $4,978 | $2,981 | $2,349 | $1,910 | $1,360 | $13,578 |
Fuel | $2,478 | $2,552 | $2,628 | $2,707 | $2,789 | $13,154 |
True Cost to Own® | $15,797 | $10,169 | $8,815 | $11,154 | $9,700 | $55,635 |
2020 XC60 SUV T5 Inscription 4dr SUV (2.0L 4cyl Turbo 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,078 | $1,110 | $1,144 | $1,178 | $1,213 | $5,723 |
Maintenance | $1,134 | $839 | $254 | $3,276 | $2,454 | $7,957 |
Repairs | $949 | $1,017 | $1,089 | $1,167 | $1,249 | $5,471 |
Taxes & Fees | $3,094 | $20 | $20 | $20 | $20 | $3,174 |
Financing | $1,536 | $1,239 | $921 | $578 | $209 | $4,483 |
Depreciation | $4,559 | $3,166 | $2,602 | $2,152 | $1,447 | $13,926 |
Fuel | $2,375 | $2,446 | $2,520 | $2,595 | $2,673 | $12,609 |
True Cost to Own® | $14,725 | $9,837 | $8,550 | $10,966 | $9,265 | $53,343 |
2020 XC60 SUV T6 Inscription 4dr SUV AWD (2.0L 4cyl Twincharger 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,133 | $1,167 | $1,202 | $1,238 | $1,275 | $6,015 |
Maintenance | $1,134 | $839 | $254 | $3,250 | $2,454 | $7,931 |
Repairs | $1,012 | $1,084 | $1,161 | $1,244 | $1,331 | $5,832 |
Taxes & Fees | $3,440 | $20 | $20 | $20 | $20 | $3,520 |
Financing | $1,709 | $1,380 | $1,024 | $643 | $234 | $4,990 |
Depreciation | $4,527 | $3,420 | $3,131 | $2,459 | $1,363 | $14,900 |
Fuel | $2,592 | $2,669 | $2,749 | $2,832 | $2,917 | $13,759 |
True Cost to Own® | $15,547 | $10,579 | $9,541 | $11,686 | $9,594 | $56,947 |
2020 XC60 SUV T5 Momentum 4dr SUV (2.0L 4cyl Turbo 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,073 | $1,105 | $1,138 | $1,172 | $1,208 | $5,696 |
Maintenance | $1,134 | $839 | $254 | $3,276 | $2,454 | $7,957 |
Repairs | $949 | $1,017 | $1,089 | $1,167 | $1,249 | $5,471 |
Taxes & Fees | $2,851 | $20 | $20 | $20 | $20 | $2,931 |
Financing | $1,414 | $1,141 | $847 | $532 | $193 | $4,127 |
Depreciation | $3,855 | $2,485 | $1,957 | $1,592 | $1,133 | $11,022 |
Fuel | $2,375 | $2,446 | $2,520 | $2,595 | $2,673 | $12,609 |
True Cost to Own® | $13,651 | $9,053 | $7,825 | $10,354 | $8,930 | $49,813 |
2020 XC60 SUV T6 Momentum 4dr SUV AWD (2.0L 4cyl Twincharger 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,129 | $1,163 | $1,198 | $1,234 | $1,271 | $5,995 |
Maintenance | $1,134 | $839 | $254 | $3,250 | $2,454 | $7,931 |
Repairs | $1,012 | $1,084 | $1,161 | $1,244 | $1,331 | $5,832 |
Taxes & Fees | $3,076 | $20 | $20 | $20 | $20 | $3,156 |
Financing | $1,527 | $1,232 | $915 | $575 | $208 | $4,457 |
Depreciation | $4,613 | $2,879 | $2,267 | $1,844 | $1,313 | $12,916 |
Fuel | $2,592 | $2,669 | $2,749 | $2,832 | $2,917 | $13,759 |
True Cost to Own® | $15,083 | $9,886 | $8,564 | $10,999 | $9,514 | $54,046 |
2020 XC60 SUV T5 R-Design 4dr SUV (2.0L 4cyl Turbo 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,079 | $1,111 | $1,145 | $1,179 | $1,214 | $5,728 |
Maintenance | $1,134 | $839 | $254 | $3,276 | $2,454 | $7,957 |
Repairs | $949 | $1,017 | $1,089 | $1,167 | $1,249 | $5,471 |
Taxes & Fees | $3,131 | $20 | $20 | $20 | $20 | $3,211 |
Financing | $1,554 | $1,255 | $931 | $585 | $212 | $4,537 |
Depreciation | $4,973 | $3,038 | $2,393 | $1,946 | $1,386 | $13,736 |
Fuel | $2,375 | $2,446 | $2,520 | $2,595 | $2,673 | $12,609 |
True Cost to Own® | $15,195 | $9,726 | $8,352 | $10,768 | $9,208 | $53,249 |
2020 XC60 SUV T5 R-Design 4dr SUV AWD (2.0L 4cyl Turbo 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,357 | $1,398 | $1,440 | $1,483 | $1,527 | $7,205 |
Maintenance | $1,134 | $839 | $254 | $3,186 | $2,454 | $7,867 |
Repairs | $1,012 | $1,084 | $1,161 | $1,244 | $1,331 | $5,832 |
Taxes & Fees | $3,323 | $20 | $20 | $20 | $20 | $3,403 |
Financing | $1,651 | $1,332 | $990 | $621 | $225 | $4,819 |
Depreciation | $4,882 | $3,344 | $2,636 | $2,143 | $1,525 | $14,530 |
Fuel | $2,478 | $2,552 | $2,628 | $2,707 | $2,789 | $13,154 |
True Cost to Own® | $15,837 | $10,569 | $9,129 | $11,404 | $9,871 | $56,810 |
2020 XC60 SUV T6 R-Design 4dr SUV AWD (2.0L 4cyl Twincharger 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,127 | $1,161 | $1,196 | $1,232 | $1,268 | $5,984 |
Maintenance | $1,134 | $839 | $254 | $3,250 | $2,454 | $7,931 |
Repairs | $1,012 | $1,084 | $1,161 | $1,244 | $1,331 | $5,832 |
Taxes & Fees | $3,578 | $20 | $20 | $20 | $20 | $3,658 |
Financing | $1,779 | $1,436 | $1,066 | $670 | $243 | $5,194 |
Depreciation | $4,160 | $2,513 | $4,503 | $1,364 | $1,884 | $14,424 |
Fuel | $2,592 | $2,669 | $2,749 | $2,832 | $2,917 | $13,759 |
True Cost to Own® | $15,382 | $9,722 | $10,949 | $10,612 | $10,117 | $56,782 |
2020 XC60 SUV T8 Polestar Engineered 4dr SUV AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,403 | $1,445 | $1,488 | $1,533 | $1,579 | $7,448 |
Maintenance | $1,599 | $932 | $295 | $3,333 | $2,730 | $8,889 |
Repairs | $1,012 | $1,084 | $1,161 | $1,244 | $1,331 | $5,832 |
Taxes & Fees | $4,357 | $20 | $20 | $20 | $20 | $4,437 |
Financing | $2,170 | $1,751 | $1,300 | $817 | $296 | $6,334 |
Depreciation | $6,180 | $4,118 | $3,245 | $2,638 | $1,877 | $18,058 |
Fuel | $2,113 | $2,176 | $2,241 | $2,309 | $2,378 | $11,217 |
True Cost to Own® | $18,834 | $11,526 | $9,750 | $11,894 | $10,211 | $62,215 |
2020 XC60 Plug-in Hybrid T8 Inscription Twin Engine Plug-In Hybrid 4dr SUV AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,142 | $1,176 | $1,212 | $1,248 | $1,285 | $6,063 |
Maintenance | $1,599 | $932 | $295 | $3,333 | $2,730 | $8,889 |
Repairs | $1,012 | $1,084 | $1,161 | $1,244 | $1,331 | $5,832 |
Taxes & Fees | $3,638 | $20 | $20 | $20 | $20 | $3,718 |
Financing | $1,809 | $1,460 | $1,085 | $681 | $247 | $5,282 |
Depreciation | $5,544 | $3,609 | $2,844 | $2,312 | $1,646 | $15,955 |
Fuel | $2,113 | $2,176 | $2,241 | $2,309 | $2,378 | $11,217 |
True Cost to Own® | $16,857 | $10,457 | $8,858 | $11,147 | $9,637 | $56,956 |
2020 XC60 Plug-in Hybrid T8 Momentum Twin Engine Plug-In Hybrid 4dr SUV AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,115 | $1,148 | $1,183 | $1,218 | $1,255 | $5,919 |
Maintenance | $1,599 | $932 | $295 | $3,333 | $2,730 | $8,889 |
Repairs | $1,012 | $1,084 | $1,161 | $1,244 | $1,331 | $5,832 |
Taxes & Fees | $3,520 | $20 | $20 | $20 | $20 | $3,600 |
Financing | $1,750 | $1,412 | $1,048 | $659 | $239 | $5,108 |
Depreciation | $5,612 | $3,282 | $2,588 | $2,104 | $1,497 | $15,083 |
Fuel | $2,113 | $2,176 | $2,241 | $2,309 | $2,378 | $11,217 |
True Cost to Own® | $16,721 | $10,054 | $8,536 | $10,887 | $9,450 | $55,648 |
2020 XC60 Plug-in Hybrid T8 R-Design Twin Engine Plug-In Hybrid 4dr SUV AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,142 | $1,176 | $1,212 | $1,248 | $1,285 | $6,063 |
Maintenance | $1,599 | $932 | $295 | $3,333 | $2,730 | $8,889 |
Repairs | $1,012 | $1,084 | $1,161 | $1,244 | $1,331 | $5,832 |
Taxes & Fees | $3,834 | $20 | $20 | $20 | $20 | $3,914 |
Financing | $1,908 | $1,539 | $1,143 | $718 | $260 | $5,568 |
Depreciation | $5,335 | $3,839 | $3,025 | $2,460 | $1,750 | $16,409 |
Fuel | $2,113 | $2,176 | $2,241 | $2,309 | $2,378 | $11,217 |
True Cost to Own® | $16,943 | $10,766 | $9,097 | $11,332 | $9,754 | $57,892 |
*Based on a 5-year estimate with 15,000 miles driven per year.
Shop nowLearn about the 2020 XC60True 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.