The XC60 sits in the middle of Volvo's SUV lineup, but it's sized and priced toward the smaller end of the luxury SUV spectrum. It prioritizes comfort over the athleticism favored by many others in its class, boasting exceptionally comfortable seats front and rear and a spacious cargo hold. It also undercuts many competitors on price.
Volvo XC60 PHEV Insights
Trim:
XC60 T8 Core
All Electric Range
EPA Estimated Range not available
Charging
No charging time information available
EV Battery Warranty
8 yrs or 100,000 miles
According to GeoTab’s data, if the observed degradation rates are maintained, the vast majority of batteries will outlast the usable life of the vehicle.
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Cost to Drive
Not EPA Tested
XC60
vs
$157/mo
SUV Avg.
Monthly estimates based on costs in Texas
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EV ownership works best if you can charge at home (240V outlet)
Adding a home charging system is estimated to cost $1,616 in
Edmunds spotlight: Explaining the powertrain designations
Volvo offers the XC60 with two powertrain options, dubbed B5 and T8. Volvo offered both five-cylinder and V8 engines in the past, but the B5 and T8 are not those; both are turbocharged 2.0-liter four-cylinders. In the plug-in hybrid T8, however, the turbo-four is assisted by an electric motor that helps it achieve the sort of output — 455 horsepower — and straight-line speed often associated with V8 engines. The T8 also offers 35 miles of electric range.
Competitors to consider
The small SUV segment is packed with entries from nearly every luxury brand, from Acura and Audi to Lexus, Mercedes-Benz and Porsche. The BMW X3 offers a choice of powerful engines paired with agile handling, while the Genesis GV70 delivers its brand's trademark value in a rakish coupe body style. The Volvo XC60 hasn't been redesigned in eight years, though its Scandinavian shape still looks fresh — and comfort never goes out of style.
2026 Volvo XC60 trim level differences
The 2026 Volvo XC60 compact luxury SUV is offered in four trim levels: Core, Plus, Ultra and Polestar Engineered. The Core, Plus and Ultra trims can be had with either the base B5 engine or the T8 plug-in. An eight-speed automatic transmission and all-wheel drive are standard with both.
Which XC60 trim does Edmunds recommend?
Relatively small price increases separate the XC60's three trim levels, so if there's wiggle room in the budget, the leap to the range-topping Ultra is worthwhile. It nets meaningful comfort, luxury and tech upgrades such as ventilated front seats, Nappa leather upholstery and a 14-speaker Harman Kardon audio system.
These Are the Best Luxury SUVs You Can Buy in 2024
NOTE: This video is about the 2024 Volvo XC60, but since the 2026 Volvo XC60 is part of the same generation, our earlier analysis still applies.
Got a taste (and a budget) for the finer things in life? A luxury SUV might be right up your alley, and there are a whole lot to choose from. Luckily, we’ve compiled a list of all the best. In this video, Edmunds’ Nick Yekikian tells you all about the best luxury SUVs on sale in 2024 and why we love them.
The Insurance Institute of Highway Safety uses extensive crash tests to determine car safety.
Small Overlap Front Driver-Side Test
Good
Small Overlap Front Passenger-Side Test
Good
Moderate Overlap Front Test – Original
Good
Moderate Overlap Front Test – Updated
Good
Side Impact Test – Original
Good
Side Impact Test – Updated
Acceptable
Roof Strength Test
Good
Rear Crash Protection / Head Restraint
Good
FAQ
Is the Volvo XC60 a good car?
The Edmunds experts tested the 2026 XC60 both on the road and at the track. And then there's safety and reliability. Edmunds has all the latest NHTSA and IIHS crash-test scores, plus industry-leading expert and consumer reviews to help you understand what it's like to own and maintain a Volvo XC60. Learn more
What's new in the 2026 Volvo XC60?
According to Edmunds’ car experts, here’s what’s new for the 2026 Volvo XC60:
Minor exterior refresh includes new grille and wheel designs
Larger infotainment touchscreen running new software
Part of the second XC60 generation introduced for 2018
To determine whether the Volvo XC60 is reliable, read Edmunds' authentic consumer reviews, which come from real owners and reveal what it's like to live with the XC60. Look for specific complaints that keep popping up in the reviews, and be sure to compare the XC60's average consumer rating to that of competing vehicles. Learn more
Is the 2026 Volvo XC60 a good car?
There's a lot to consider if you're wondering whether the 2026 Volvo XC60 is a good car. Safety scores, fuel economy, cargo capacity and feature availability should all be factors in determining whether the 2026 XC60 is a good car for you. Check back soon for the official Edmunds Rating from our expert testing team Learn more
How much should I pay for a 2026 Volvo XC60?
The least-expensive 2026 Volvo XC60 is the 2026 Volvo XC60 T8 Core 4dr SUV AWD (2.0L 4cyl Turbo gas/electric plug-in hybrid 8A). Including destination charge, it arrives with a Manufacturer's Suggested Retail Price (MSRP) of about $61,150.
Other versions include:
T8 Core 4dr SUV AWD (2.0L 4cyl Turbo gas/electric plug-in hybrid 8A) which starts at $61,150
T8 Plus 4dr SUV AWD (2.0L 4cyl Turbo gas/electric plug-in hybrid 8A) which starts at $65,600
T8 Ultra 4dr SUV AWD (2.0L 4cyl Turbo gas/electric plug-in hybrid 8A) which starts at $70,950
T8 Ultra Black Edition 4dr SUV AWD (2.0L 4cyl Turbo gas/electric plug-in hybrid 8A) which starts at $72,050
If you're interested in the Volvo XC60, the next question is, which XC60 model is right for you? XC60 variants include T8 Core 4dr SUV AWD (2.0L 4cyl Turbo gas/electric plug-in hybrid 8A), T8 Plus 4dr SUV AWD (2.0L 4cyl Turbo gas/electric plug-in hybrid 8A), T8 Ultra 4dr SUV AWD (2.0L 4cyl Turbo gas/electric plug-in hybrid 8A), and T8 Ultra Black Edition 4dr SUV AWD (2.0L 4cyl Turbo gas/electric plug-in hybrid 8A). For a full list of XC60 models, check out Edmunds’ Features & Specs page. Learn more