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Used 2021 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

$49,639*

Total Cash Price

$24,581

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

True Cost to Own

$53,179*

Total Cash Price

$28,540

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

True Cost to Own

$51,618*

Total Cash Price

$26,789

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

True Cost to Own

$47,559*

Total Cash Price

$23,354

T6 Inscription 4dr SUV AWD (2.0L 4cyl Twincharger 8A)

True Cost to Own

$53,657*

Total Cash Price

$28,316

T6 Momentum 4dr SUV AWD (2.0L 4cyl Twincharger 8A)

True Cost to Own

$51,201*

Total Cash Price

$25,079

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

True Cost to Own

$53,111*

Total Cash Price

$27,618

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

True Cost to Own

$51,174*

Total Cash Price

$26,755

T6 R-Design 4dr SUV AWD (2.0L 4cyl Twincharger 8A)

True Cost to Own

$53,883*

Total Cash Price

$29,500

XC60 Plug-in Hybrid

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

True Cost to Own

$55,746*

Total Cash Price

$31,473

Recharge Plug-In Hybrid T8 Inscription Expression 4dr SUV AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)

True Cost to Own

$53,577*

Total Cash Price

$29,440

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

True Cost to Own

$56,376*

Total Cash Price

$32,507

XC60 T8 Polestar Engineered

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

True Cost to Own

$61,130*

Total Cash Price

$38,024

Ownership Costs: 5-Year Total

Depreciation

$13,311

Taxes & Fees

$1,725

Financing

$4,311

Fuel

$12,311

Insurance

$4,184

Repairs

$5,278

Maintenance

$8,519

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 XC60 SUV T5 Momentum 4dr SUV AWD (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$788$812$836$861$887$4,184
Maintenance$2,972$1,103$814$247$3,383$8,519
Repairs$913$980$1,051$1,127$1,207$5,278
Taxes & Fees$1,281$111$111$111$111$1,725
Financing$1,477$1,192$885$556$201$4,311
Depreciation$4,404$2,409$2,549$2,179$1,770$13,311
Fuel$2,319$2,388$2,460$2,534$2,610$12,311
True Cost to Own®$14,154$8,995$8,706$7,615$10,169$49,639
Selected Model:

2021 XC60 SUV T5 Inscription 4dr SUV AWD (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$788$812$836$861$887$4,184
Maintenance$2,972$1,103$814$247$3,383$8,519
Repairs$913$980$1,051$1,127$1,207$5,278
Taxes & Fees$1,470$111$111$111$111$1,914
Financing$1,715$1,383$1,028$646$234$5,006
Depreciation$5,149$2,926$3,096$2,646$2,150$15,967
Fuel$2,319$2,388$2,460$2,534$2,610$12,311
True Cost to Own®$15,326$9,703$9,396$8,172$10,582$53,179
Selected Model:

2021 XC60 SUV T5 Inscription 4dr SUV (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$823$848$873$899$926$4,369
Maintenance$3,048$1,103$814$247$3,470$8,682
Repairs$857$919$986$1,057$1,133$4,952
Taxes & Fees$1,386$111$111$111$111$1,830
Financing$1,610$1,298$965$606$220$4,699
Depreciation$4,131$2,770$3,169$2,855$2,343$15,268
Fuel$2,226$2,293$2,362$2,432$2,505$11,818
True Cost to Own®$14,081$9,342$9,280$8,207$10,708$51,618
Selected Model:

2021 XC60 SUV T5 Momentum 4dr SUV (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$788$812$836$861$887$4,184
Maintenance$3,048$1,103$814$247$3,470$8,682
Repairs$857$919$986$1,057$1,133$4,952
Taxes & Fees$1,223$111$111$111$111$1,667
Financing$1,403$1,132$841$528$192$4,096
Depreciation$3,756$2,273$2,406$2,054$1,671$12,160
Fuel$2,226$2,293$2,362$2,432$2,505$11,818
True Cost to Own®$13,301$8,643$8,356$7,290$9,969$47,559
Selected Model:

2021 XC60 SUV T6 Inscription 4dr SUV AWD (2.0L 4cyl Twincharger 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$808$832$857$883$909$4,289
Maintenance$3,048$1,103$814$247$3,459$8,671
Repairs$913$980$1,051$1,127$1,207$5,278
Taxes & Fees$1,459$111$111$111$111$1,903
Financing$1,701$1,373$1,020$640$232$4,966
Depreciation$4,260$2,657$3,320$3,048$2,423$15,708
Fuel$2,419$2,491$2,566$2,643$2,723$12,842
True Cost to Own®$14,608$9,547$9,739$8,699$11,064$53,657
Selected Model:

2021 XC60 SUV T6 Momentum 4dr SUV AWD (2.0L 4cyl Twincharger 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$768$791$815$839$864$4,077
Maintenance$3,048$1,103$814$247$3,459$8,671
Repairs$913$980$1,051$1,127$1,207$5,278
Taxes & Fees$1,305$111$111$111$111$1,749
Financing$1,507$1,216$903$567$206$4,399
Depreciation$4,541$2,610$2,759$2,358$1,917$14,185
Fuel$2,419$2,491$2,566$2,643$2,723$12,842
True Cost to Own®$14,501$9,302$9,019$7,892$10,487$51,201
Selected Model:

2021 XC60 SUV T5 R-Design 4dr SUV AWD (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$807$831$856$882$908$4,284
Maintenance$2,972$1,103$814$247$3,383$8,519
Repairs$913$980$1,051$1,127$1,207$5,278
Taxes & Fees$1,426$111$111$111$111$1,870
Financing$1,659$1,339$995$624$227$4,844
Depreciation$4,762$3,041$3,218$2,749$2,235$16,005
Fuel$2,319$2,388$2,460$2,534$2,610$12,311
True Cost to Own®$14,858$9,793$9,505$8,274$10,681$53,111
Selected Model:

2021 XC60 SUV T5 R-Design 4dr SUV (2.0L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$820$845$870$896$923$4,354
Maintenance$3,048$1,103$814$247$3,470$8,682
Repairs$857$919$986$1,057$1,133$4,952
Taxes & Fees$1,385$111$111$111$111$1,829
Financing$1,608$1,297$963$605$220$4,693
Depreciation$4,490$2,802$2,965$2,531$2,058$14,846
Fuel$2,226$2,293$2,362$2,432$2,505$11,818
True Cost to Own®$14,434$9,370$9,071$7,879$10,420$51,174
Selected Model:

2021 XC60 SUV T6 R-Design 4dr SUV AWD (2.0L 4cyl Twincharger 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$807$831$856$882$908$4,284
Maintenance$3,048$1,103$814$247$3,459$8,671
Repairs$913$980$1,051$1,127$1,207$5,278
Taxes & Fees$1,515$111$111$111$111$1,959
Financing$1,772$1,431$1,062$667$242$5,174
Depreciation$5,057$2,577$2,336$4,390$1,315$15,675
Fuel$2,419$2,491$2,566$2,643$2,723$12,842
True Cost to Own®$15,531$9,524$8,796$10,067$9,965$53,883
Selected Model:

2021 XC60 Plug-in Hybrid Recharge Plug-In Hybrid T8 Inscription 4dr SUV AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$775$798$822$847$872$4,114
Maintenance$3,101$1,562$906$287$3,482$9,338
Repairs$913$980$1,051$1,127$1,207$5,278
Taxes & Fees$1,609$111$111$111$111$2,053
Financing$1,891$1,526$1,133$712$258$5,520
Depreciation$5,832$3,425$3,623$3,094$2,517$18,491
Fuel$2,063$2,125$2,188$2,254$2,322$10,952
True Cost to Own®$16,184$10,527$9,834$8,432$10,769$55,746
Selected Model:

2021 XC60 Plug-in Hybrid Recharge Plug-In Hybrid T8 Inscription Expression 4dr SUV AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$810$834$859$885$912$4,300
Maintenance$3,101$1,562$906$287$3,482$9,338
Repairs$913$980$1,051$1,127$1,207$5,278
Taxes & Fees$1,495$93$93$93$93$1,867
Financing$1,769$1,427$1,060$666$241$5,163
Depreciation$5,424$3,045$3,221$2,752$2,237$16,679
Fuel$2,063$2,125$2,188$2,254$2,322$10,952
True Cost to Own®$15,575$10,066$9,378$8,064$10,494$53,577
Selected Model:

2021 XC60 Plug-in Hybrid Recharge Plug-In Hybrid T8 R-Design 4dr SUV AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$775$798$822$847$872$4,114
Maintenance$3,101$1,562$906$287$3,482$9,338
Repairs$913$980$1,051$1,127$1,207$5,278
Taxes & Fees$1,658$111$111$111$111$2,102
Financing$1,953$1,576$1,171$735$266$5,701
Depreciation$5,972$3,495$3,697$3,159$2,568$18,891
Fuel$2,063$2,125$2,188$2,254$2,322$10,952
True Cost to Own®$16,435$10,647$9,946$8,520$10,828$56,376
Selected Model:

2021 XC60 T8 Polestar Engineered T8 Polestar Engineered 4dr SUV AWD (2.0L 4cyl Twincharger gas/electric plug-in hybrid 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$879$905$933$961$989$4,667
Maintenance$3,353$1,562$906$287$3,734$9,842
Repairs$913$980$1,051$1,127$1,207$5,278
Taxes & Fees$1,921$111$111$111$111$2,365
Financing$2,285$1,843$1,369$860$312$6,669
Depreciation$6,610$3,990$4,221$3,605$2,931$21,357
Fuel$2,063$2,125$2,188$2,254$2,322$10,952
True Cost to Own®$18,024$11,516$10,779$9,205$11,606$61,130

*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.