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2024 Volvo V60
#5 Best Luxury Wagons of 2024

2024 Volvo V60

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4.5
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2024 Volvo V60 Exterior: 0
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2025
2024
Fuel Economy
27 - 31 combined mpg
Horsepower
247 - 455 hp
Engine
2 engines available
Engine Options
  • 4-Cyl, Hybrid, Turbo, Supercharged, 2.0 Liter
  • 4-Cyl, Turbo, 2.0 Liter
Cargo Volume
60.5 cu ft
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2024 Volvo V60 Review

Eric Brandt

By Eric Brandt

Updated January 30, 2025

Eric Brandt is a Senior Editor for Cox Automotive, specializing in expert reviews for Kelley Blue Book and Autotrader. Eric helps shoppers find the right car for their needs, wants, and budget. Eric started writing for Cox Automotive as a freelancer in 2017 and entered his current role in 2022. In addition to car reviews, Eric’s work on KBB and Autotrader has included lists, comparisons, advice, Oversteer articles and videos, and even motorcycle and ATV content.

Pros

  • Wagon versatility
  • Comfortable seats
  • Sporty and efficient PHEV option

Cons

  • Subpar resale value
  • So-so base powertrain

What's New?

  • Power liftgate and air purifier now standard

The spacious and comfortable 2024 Volvo V60 is a unique wagon with distinct styling, standard AWD, and a sporty plug-in hybrid option. Pricing starts at $50,845.

While much of the luxury car world has prioritized SUVs, Volvo is one brand that hasn’t given up on wagons. The Volvo V60 is the Scandinavian marque’s smaller and more affordable wagon option, and it has two distinct variants in its model range. The Cross Country model is the more rugged choice with an adventurous aesthetic and generous ground clearance, while the plug-in hybrid Polestar Engineered model is both sportier and more efficient. Every V60 boasts standard all-wheel drive (AWD) and many safety features, bolstering its case as a practical luxury wagon.

The closest rival to the V60 in the small world of luxury wagons is the Audi A4 Allroad.

What's New for 2024

A new Vapour Gray paint option is available for the V60 this year. Also, all metallic paint options are now available at no extra cost. More standard features for 2024 include a power liftgate and an air purifier.

2024 Volvo V60 Pricing

The 2024 Volvo V60 has a starting sticker price of $50,845, with the range-topping V60 T8 Polestar Engineered Recharge Plug-In Hybrid kicking off at $72,345. But Kelley Blue Book Fair Purchase Pricing currently suggests paying $3,455 to $3,936 less than MSRP, depending on trim and equipment. These prices are updated weekly.

MSRP
KBB Fair Purchase Price (national avg.)
$50,845
$47,280
$55,895
$52,440
$72,345
$68,409

Before buying a V60, check the Kelley Blue Book Fair Purchase Price to know what you should really pay. Volvo V60 resale value is well below average for the segment.

Power, Ride and Handling

The 2024 Volvo V60 is powered by a 247-horsepower turbocharged 4-cylinder engine matched with an 8-speed automatic transmission and all-wheel drive. Volvo calls this the B5 powertrain. It delivers reasonably quick acceleration, but its performance is just okay compared to the quicker Audi A4 Allroad or even the optional turbo engine in the Subaru Outback.

The T8 plug-in hybrid powertrain is a different story. The hybrid Polestar Engineered model is turbocharged, supercharged, and electrified with a total output of 455 horsepower. All-wheel drive still comes standard, and improved brakes and suspension further enhance the drive. The enthusiast in us strongly prefers this powertrain. Still, the significant cost difference between the Cross Country and Polestar Engineered models makes the base engine a better buy for most drivers.

As for ride quality, the Volvo V60 is smooth and comfy. The Cross Country model prioritizes comfort over sporty agility, and its 8.3 inches of ground clearance make it suitable for moderate off-roading duties.

Fuel Economy

The Volvo V60 achieves a combined fuel economy rating of 27 mpg with the Cross Country model. That’s one mpg better than its closest rival, the Audi A4 Allroad. The plug-in hybrid Polestar Engineered model is more efficient than the Cross Country. It’s rated to travel 41 miles on electricity alone, after which it delivers an average of 31 mpg in gas-electric hybrid mode. According to EPA estimates, the hybrid can save almost $100 per month in fuel/electricity costs compared to the Cross Country. More V60 fuel economy information is available on the EPA’s website.

Premium Interior

The cabin of the Volvo V60 is roomy and upscale. It has a unique design, nice materials, and some of the most comfortable seats we’ve tested in this class. The infotainment system has a bit of a learning curve, but we found it pretty intuitive once we got used to it. We love the built-in Google Maps app, giving it an excellent onboard navigation system.

We were pretty comfortable when we climbed into the back seats of the V60. It has 35.2 inches of rear legroom, which is only a half-inch less than the Audi A4 Allroad.

The V60 has 18.3 cubic feet of cargo room behind the rear seats, which is almost 60% more cargo volume than the trunk of the Volvo S60 sedan. However, it’s worth noting that the Audi A4 Allroad boasts a 24.2 cubic-foot cargo hold.

Wagon Body

The unique Scandinavian styling of the Volvo V60 makes it stand out. The Cross Country model has a rugged aesthetic with tall ground clearance and plastic cladding, while the Polestar Engineered model has a sportier look with a lower stance.

Our Favorite Features and Tech

Rugged Cross Country model
The V60 Cross Country has a rugged appearance package, standard AWD, and 8.3 inches of ground clearance, giving it off-road chops you can’t get from a traditional luxury sedan.

Sporty Polestar Engineered model
The exciting Polestar Engineered model is a sporty wagon with a high-performance plug-in hybrid powertrain making 455 horsepower. Other performance upgrades include a sport suspension system with Öhlins dampers and Brembo front brakes with gold calipers.

Wagon body
The Volvo V60 has a wagon body yielding a spacious interior with much more cargo room than the similar S60 sedan. That makes the versatile V60 an interesting alternative to a mainstream SUV.

Standard AWD
Every Volvo V60 comes standard with all-wheel drive, giving it excellent all-season traction on snowy roads.

Google-based infotainment system
The Google-based infotainment system in the V60 is feature-rich and easy to use. Google Maps is built in, which is one of our favorite navigation systems. It also comes with Apple CarPlay, SiriusXM, and four USB-C ports.

Pilot Assist
The Pilot Assist driver assistance system is standard in the V60. This semi-autonomous driving system combines features like adaptive cruise control, lane-keeping aid, and road sign information to make highway driving nearly effortless.

Engine and Transmission

Power for the V60 Cross Country comes from the B5 powertrain, a turbo 4-cylinder engine with 247 horsepower and 258 lb-ft of torque. The performance of this engine is adequate, but it’s hard not to compare it to the turbo engine in the Audi A4 Allroad, with more power and torque at a lower starting price.

The more exciting T8 powertrain in the Polestar Engineered model is turbocharged, supercharged, and electrified. The total output is 455 horsepower and 523 lb-ft of torque, giving it a significant boost in performance compared to the Cross Country. It has a 41-mile all-electric range, then gets 31 combined mpg when operating as a hybrid.

All-wheel drive and an 8-speed automatic transmission are standard on every V60.

4-Year/50,000-Mile Warranty

The Volvo V60 is backed by a 4-year/50,000-mile bumper-to-bumper warranty. That’s about typical for a European luxury car, but you also get a generous 3-year/36,000-mile complimentary maintenance plan. The plug-in hybrid model comes with an 8-year/100,000-mile warranty on hybrid components.

Safety

The Volvo V60 lives up to its brand’s reputation for safety, with a 5-Star overall safety rating from the National Highway Traffic Safety Administration (NHTSA) and the top “Good” score in every crashworthiness category from the Insurance Institute for Highway Safety (IIHS).

It comes standard with the Pilot Assist system, which bundles safety features like adaptive cruise control, lane-keeping aid, and road sign information. Additional standard safety features include automatic emergency braking, blind-spot monitoring, road sign information, and a driver attention monitor.


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Reliability
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2024 Volvo V60 Styles

Style
Price
Combined Fuel Economy
Horsepower
Engine
Cargo Capacity
Torque
0-60
Top Speed
Curb Weight
B5 Plus Cross Country
$47,280
27 MPG
247 @ 5400 RPM
4-Cyl, Turbo, 2.0 Liter
60.5 cu ft
258 lb-ft
6.4 seconds
112 mph
4082 lbs
B5 Ultimate Cross Country
$52,440
27 MPG
247 @ 5400 RPM
4-Cyl, Turbo, 2.0 Liter
60.5 cu ft
258 lb-ft
N/A
112 mph
4122 lbs
T8 Polestar Engineered Recharge Plug-In Hybrid
$68,409
31 MPG
455 hp
4-Cyl, Hybrid, Turbo, Supercharged, 2.0 Liter
60.5 cu ft
N/A
4.3 seconds
112 mph
4495 lbs
See Full Specs for All 2024 Volvo V60 Styles
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2024 Volvo V60 Cost to Own

$68,828
A 2024 Volvo V60 has a 5-year cost-to-own of $68,828. After 5 years a 2024 V60 will depreciate $34,070 and have a residual value of $16,775. During this time out-of-pocket expenses are expected to total $34,758.
Personalize your 5-Year Cost to Own data by logging in.
Average Costs

The 2024 Volvo V60 is in the middle 26-75% for Cost to Own among all Luxury Compact SUV/Crossovers.

2024 Volvo V60 5-Year Depreciation: $34,070
2024 Volvo V60
Compare up to 3 vehicles by logging in.
5-Year Out of Pocket Expenses:$34,758
See New Car Incentives
Fuel:
$7,831
Insurance:
$13,860
Financing:
$5,927
State Fees:
$3,230
Maintenance:
$2,422
Repairs:
$1,488
Total: $34,758
See New Car Incentives
2024 Volvo V60 Cost to Own
5-Year Cost to Own includes out of pocket expenses like fuel, insurance, service & financing, plus the car's loss in value over time (depreciation).
5-Year Depreciation:$34,070
5-Year Out of Pocket Expenses:$34,758

5-Year Cost To Own$68,828
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Specifications

Dimensions, Weights & Capacities

Curb Weight
4082 lbs.
Fuel Capacity
15.9 gallons
Front Head Room
37.4 inches
Front Leg Room
42.3 inches
Max Seating Capacity
5
Minimum Ground Clearance
5.6 inches
Overall Length
188.3 inches
Front Shoulder Room
56.1 inches
Towing Capacity, Maximum
2000 lbs.
Trunk or Cargo Capacity
60.5 cu.ft.
Turning Diameter
37.1 feet
Wheel Base
113.2 inches
Width with mirrors
80.3 inches

Exterior

Alloy Wheels
Available
Fog Lights
Available
Number of Doors
4 doors
Panorama Moon Roof
Available
Power Folding Exterior Mirrors
Available
Privacy Glass
Available
Roof Rails
Available
LED Headlights
Available

Fuel Economy

City
24 mpg
Highway
31 mpg
Combined
27 mpg

Mechanical

Drivetrain
AWD
Transmission Type
Automatic
8 speed
Available
Recommended Fuel
Premium
Hill Descent Control
Available
Hill Start Assist
Available
Parking Assist System
Available

Performance

Horsepower
247 @ 5400 RPM
Torque
258 @ 1500 rpm
Engine
4-Cyl, Turbo, 2.0 Liter
0 to 60
6.4 seconds
Top Speed
112 mph

Warranty

Basic
4 years / 50000 miles
Powertrain
4 years / 50000 miles
Corrosion
12 years / Unlimited miles

Comfort & Convenience

  • Heated Steering Wheel
  • Integrated Garage Door Opener

Entertainment

  • Premium Radio
  • Satellite Radio
  • Bluetooth Streaming Audio

Interior

  • Leather-Wrapped Steering Wheel
  • Power Windows
  • Rear Window Defroster
  • 12V Power Outlet
  • Power Outlet
  • Steering Wheel Controls
  • Tilt Steering Wheel
  • Tilt/Telescoping Steering Wheel

Seating

  • Leather Seats
  • Folding Rear Seat
  • Heated Seats
  • Heated Rear Seats
  • Dual Power Front Seats
  • Power Driver's Seat

Security

  • Alarm System

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Navigation System
  • Remote Keyless Entry
  • Proximity Sensing Keyless Entry
  • Remote Engine Start
  • Smartphone Interface
  • USB Port
  • Voice Recognition System

2024 Volvo V60 Safety

2024 Volvo V60 Safety Technology

2023 features shown. 2024 may differ.

Pilot Assist

This standard semi-autonomous driving system combines features like adaptive cruise control and lane-keep assist to make highway driving safer and more relaxed.

Blind Spot Information System

This standard safety feature also includes steering assist and cross-traffic alert with auto-brake function. It adds up to a safer drive.

Collision warning

Standard collision warning alerts you of obstacles in the road such as other vehicles, pedestrians, cyclists, and even large animals.

5.0

Crash Test Rating

Provided by the National Highway Traffic Safety Administration
Frontal Crash
4.0
Side Barrier
5.0
Rollover Rating
5.0
Side Crash
5.0

Compare to Similar Vehicles

New 2024
Volvo V60
Used 2024
Audi A4 allroad
Used 2024
Volvo V90
See Details
Price
$50,845
$39,143
$49,903
KBB.com Rating
3.2
4.3
4.3
Consumer Rating
4.5
4.0
4.7
Fuel Economy
City 24/Hwy 31/Comb 27 MPG
City 23/Hwy 30/Comb 26 MPG
City 22/Hwy 29/Comb 25 MPG
Fuel Type
Gas
N/A
N/A
5 Year Cost To Own
5-Year Cost to Own includes out of pocket expenses like fuel and insurance, plus the car’s loss in value over time (depreciation).
$68,828
N/A
N/A
Safety Rating
5.0
N/A
N/A
Seating Capacity555
Basic Warranty
4 years or 50000 miles
4 years or 50000 miles
4 years or 50000 miles
Horsepower
247 @ 5400 RPM
261 @ 5000 RPM
295 @ 5400 RPM
Engine
4-Cyl, Turbo, 2.0 Liter
4-Cyl, MHEV, Turbo, 2.0 Liter
4-Cyl, Drive-E, Turbo, Supercharged, 2.0 Liter
Drivetrain
AWD
AWD
AWD

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More Volvo V60 News & Information

General
Volvo Discontinues V60 Polestar Engineered

Volvo has discontinued its V60 Polestar Engineered plug-in hybrid in the U.S., the company has announced. Other V60 wagons continue.

Sean Tucker February 25, 2025
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FAQs

How much should a 2024 Volvo V60 cost?

A 2024 Volvo V60 should cost between $47,280 and $68,409 according to Kelley Blue Book Fair Purchase Pricing.

What's the cheapest Volvo V60?

The cheapest 2024 Volvo V60 is the B5 Plus Cross Country, with a starting sticker price of $50,845 and a Kelley Blue Book Fair Purchase Price of $47,280.

Is the 2024 Volvo V60 reliable?

The 2024 Volvo V60 is part of the 2nd-generation V60, which our owners give an above-average reliability rating of 4.4 out of 5.

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