The 2023 Volvo V60 is a premium compact wagon, descended from Volvo's long line of practical and stylish wagons. Available since 2019 in its current generation, the 2023 model boasts refined Scandinavian design and advanced safety features. Key trims include Core, Plus, and Ultimate. Pricing ranges from approximately $43,000 to $58,000. It stands out for its blend of luxury, practicality, safety, and distinctive styling, appealing to those seeking an alternative to SUVs and sedans.
The Good
The 2023 Volvo V60 offers a compelling blend of performance and practicality. Its turbocharged engines provide ample power, while its comfortable interior and refined design appeal to emotional buyers. From a practical standpoint, it boasts a spacious cargo area, advanced safety features, and reasonable fuel efficiency. Volvo's reputation for safety and quality also enhances its appeal.
The Bad
Potential weaknesses of the 2023 Volvo V60 include the infotainment system, which some find less intuitive than competitors. Repair costs can be higher than average due to Volvo's premium positioning. Some reviewers have noted that the rear seat space isn't as generous as some rivals. Be aware that some features are only available on higher trims, increasing the overall cost.
2023 Volvo V60: Quick Overview
- Engine Options:
- B5 Mild Hybrid: 2.0-liter Turbocharged and Supercharged Inline-4 with Mild Hybrid System
- Horsepower:
- B5: 247 hp
- Fuel Economy (EPA Estimated):
- B5 (FWD): 26 mpg city / 35 mpg highway
- B5 (AWD): 23 mpg city / 33 mpg highway
- 0-60 Times:
- B5 (FWD): Approximately 6.4 seconds
- B5 (AWD): Approximately 6.5 seconds
- Towing Capacity:
- Approximately 2,000 lbs (when properly equipped). Check your specific model's documentation.
- Trim-Level Features:
- Core: LED headlights, panoramic sunroof, 9-inch touchscreen infotainment system with Apple CarPlay and Android Auto, Volvo Cars App services, lane keeping assist, blind spot information system (BLIS) with cross traffic alert, rear parking sensors.
- Plus: (Adds to Core) Leather upholstery, wood trim, Harman Kardon premium sound system, adaptive cruise control, Pilot Assist.
- Ultimate: (Adds to Plus) Nappa leather upholstery, massaging front seats, head-up display, advanced air cleaner system, 360-degree surround view camera.
2023 Volvo V60 Specifications
Vehicle Information
| Year | 2023 |
| Make | Volvo |
| Model | V60 |
| Trim | - |
| Style | - |
| Type | Passenger Sedan |
| Category | Mid-Size Station Wagon |
Manufacturing Details
| Made In | Sweden |
| Manufacturing City | TORSLANDA |
Dimensions
| Doors | 4-Door |
| Curb Weight | - |
| Gross Vehicle Weight Rating | 6000 pounds |
| Overall Height | - |
| Overall Length | - |
| Overall Width | - |
| Wheelbase Length | - |
| Standard Seating | - |
Engine & Performance
| Engine | B4204TSH High Power |
| Engine Size | 2L |
| Engine Cylinders | 4 |
| Transmission | 8-Speed Automatic |
| Transmission Type | Automatic |
| Transmission Speeds | 8-Speed |
| Drivetrain | All-Wheel Drive |
Additional Features
| Anti-Brake System | Standard |
| Steering Type | - |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | - |
| Invoice Price | - |
| Delivery Charges | - |
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What Problems Does the 2023 Volvo V60 Have?
While the 2023 Volvo V60 is generally considered reliable, some frequently reported problems involve the infotainment system. Users have mentioned occasional glitches, slow response times, and difficulty with smartphone integration. There have been recalls issued for Volvo models with similar features, so it's important to check the NHTSA (National Highway Traffic Safety Administration) website for any specific recalls related to the 2023 V60 VIN. Long-term reliability concerns are similar to other modern luxury vehicles: the complexity of the electronic systems can potentially lead to future issues. Some owners have reported minor issues with the climate control system. Regular maintenance and adherence to Volvo's recommended service schedule are crucial for mitigating potential problems. Before purchasing, a thorough inspection by a qualified mechanic is always recommended, especially when buying used.
How long will the 2023 Volvo V60 last?
With diligent maintenance, a 2023 Volvo V60 can realistically provide 150,000 to 200,000 miles or 10-15 years of service. Volvo engines are generally durable, but consistent oil changes and timely repairs are essential. Potential long-term weaknesses include the degradation of electronic components, the wear and tear of suspension parts, and potential issues with the mild-hybrid system's battery over time. Paying attention to the car's computer warnings and getting regular inspections are recommended. Rust can be a concern in colder climates so ensure that the car is routinely washed, especially underneath, during winter months.
What Technology & Safety Features are Included?
The 2023 Volvo V60 is equipped with a comprehensive suite of technology and safety features. The standard 9-inch touchscreen infotainment system includes Apple CarPlay and Android Auto compatibility. Higher trims add features like a premium Harman Kardon sound system and a head-up display. Driver-assistance features are abundant, including lane keeping assist, blind spot monitoring with cross-traffic alert, and automatic emergency braking.
Optional features include Pilot Assist, Volvo's semi-autonomous driving system. Safety is a Volvo hallmark, and the V60 typically receives high crash-test ratings from the IIHS (Insurance Institute for Highway Safety) and NHTSA. Check the IIHS and NHTSA websites for the official 2023 ratings. Advanced safety features include run-off road mitigation, oncoming lane mitigation, and whiplash protection. The Volvo Cars App provides remote access to vehicle functions.
Optional features include Pilot Assist, Volvo's semi-autonomous driving system. Safety is a Volvo hallmark, and the V60 typically receives high crash-test ratings from the IIHS (Insurance Institute for Highway Safety) and NHTSA. Check the IIHS and NHTSA websites for the official 2023 ratings. Advanced safety features include run-off road mitigation, oncoming lane mitigation, and whiplash protection. The Volvo Cars App provides remote access to vehicle functions.
What Colors Options are Available?
Exterior Colors
Onyx Black Metallic
Crystal White Metallic
Denim Blue Metallic
Pine Grey Metallic
Silver Dawn Metallic
Thunder Grey Metallic
Interior Colors
Blond
Charcoal
Maroon Brown
2023 Volvo V60 Prices and Market Value
The 2023 Volvo V60 had a starting MSRP of around $43,000, with higher trims reaching upwards of $58,000 when new. Current used market prices vary depending on mileage, condition, and trim level, but expect to find them in the range of $35,000 to $50,000. Depreciation is moderate for a luxury vehicle. Factors affecting resale value include mileage, condition, service history, and the presence of desirable options. Well-maintained V60s with lower mileage tend to hold their value better.
2023 Volvo V60 Cost of Ownership
Insurance costs for the 2023 Volvo V60 are typically moderate to high, reflecting its luxury status and safety features. Fuel costs are reasonable, especially with the B5 engine. Maintenance and repair costs can be higher than average due to Volvo's premium branding and specialized parts. Long-term ownership costs are likely to be in the moderate to high range. While fuel economy is decent, higher repair bills and insurance premiums contribute to a potentially costlier ownership experience.
2023 Volvo V60 Fuel Efficiency
Fuel Type
Electric
Fuel Capacity
-
City Mileage
-
Highway Mileage
-
2023 Volvo V60 Safety Rating
NHTSA
2023 Volvo V60 Recalls & Defects
Engine and Engine Cooling:engine:engine Control Module (Ecu/Ecm)
Recall date
2022-10-20
Recall no.
22v793000
Source
NHTSA
Summary
Volvo Car Usa, LLC (Volvo Car) IS Recalling Certain 2022-2023 S60, V60, S90l, Xc60, and Xc90 Vehicles. AN Electronic Control Module (Ecm) Software Error MAY Prevent THE Combustion Engine From Starting, Causing A Loss OF Drive Power.
Consequence
THE Vehicle MAY Lose Drive Power AS THE High Voltage Battery IS Depleted, Increasing THE Risk OF A Crash.
Remedy
Dealers Will Update THE ECM Software, Free OF Charge. Owner Notification Letters ARE Expected TO BE Mailed December 8, 2022. Owners MAY Contact Volvo Car's Customer Service AT 1-800-458-1552. Volvo Car's Number FOR This Recall IS R10198.
Notes
Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.nhtsa.gov.
Service Brakes, Hydraulic
Recall date
2023-01-19
Recall no.
23v012000
Source
NHTSA
Summary
Volvo Car Usa, LLC (Volvo Car) IS Recalling Certain 2023 S60, V60, V60cc, V90cc, Xc60, Xc90, Xc40, and C40 Vehicles. A Diagnostic Error IN THE Brake Control Module 2 (Bcm2) MAY Cause A Loss OF Antilock Brake System (abs), Electronic Stability Control (esc), and Traction Control.
Consequence
A Reduction IN Brake Support Functions CAN Increase THE Risk OF A Crash.
Remedy
Volvo Will Release AN Over-The-Air (Ota) Bcm2 Software Update, Free OF Charge. Owner Notification Letters ARE Expected TO BE Mailed March 15, 2023. Owners MAY Contact Volvo Car Customer Service AT 1-800-458-1552. Volvo Car's Number FOR This Recall IS R10217.
Notes
Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.nhtsa.gov.
2023 Volvo V60 Insurance
Insurance for a 2023 Volvo V60 is moderately priced, reflecting its status as a Passenger Sedan with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2023 Volvo V60 Compare to Other Passenger Sedan?
The 2023 Volvo V60 competes with wagons like the Audi A4 allroad, BMW 3 Series Touring (not sold in the US), and Subaru Outback (though the Outback isn't a true luxury wagon). Compared to the Audi, the V60 offers a similar level of luxury and features, but may not match Audi's performance in some tests. Reliability is generally comparable, but repair costs might be higher for the Volvo. The Subaru Outback is a more affordable and rugged alternative but lacks the V60's refined interior. In terms of pricing, the V60 is positioned competitively within its segment. If performance is a top priority, the Audi A4 allroad might be a better choice. If budget is a primary concern, the Subaru Outback offers a similar level of practicality at a lower price. For a blend of style, safety, and practicality, the V60 remains a strong contender. Consider the Acura TLX as a sedan alternative with good reliability and sporty handling or a Volvo XC60 if you prefer the SUV body style.
Ranks #1341 Sedan
| 1 | 2023 Toyota Camry | (5.0★) |
| 2 | 2023 Honda Accord | (0.0★) |
| 3 | 2023 Lexus ES | (0.0★) |
| 4 | 2024 Subaru Legacy | (5.0★) |
| 5 | 2022 Mazda MX-30 | (4.0★) |
| 6 | 2024 BMW M3 | (0.0★) |
| 7 | 2023 Ford Mustang | (5.0★) |
| 8 | 2023 Mercedes-Benz AMG GT | (0.0★) |
| 9 | 2023 Audi A3 | (0.0★) |
| 10 | 2023 Chevrolet Camaro | (5.0★) |
| 11 | 2023 Hyundai Elantra Hybrid | (0.0★) |
| 12 | 2023 Nissan Altima | (4.0★) |
| 1341 | 2023 Volvo V60 | (0.0★) |
Final Verdict: Is the 2023 Volvo V60 a Good Passenger Sedan?
The 2023 Volvo V60 is ideal for buyers seeking a stylish, safe, and practical alternative to SUVs and sedans. It's particularly well-suited for those who appreciate Scandinavian design and Volvo's commitment to safety. Whether it's worth buying depends on individual needs and priorities. A used V60 can offer excellent value, especially if well-maintained. The Plus trim provides a good balance of features and price. New models offer the latest technology and warranty coverage. If infotainment responsiveness is critical, explore alternatives. Overall, the V60 is a compelling choice for discerning buyers who prioritize safety, style, and a unique driving experience.
Simon A
Simon is a contributor to VinCheck, where he provides articles and reviews on various automotive topics. His work focuses on delivering accurate and up-to-date information about used cars, helping readers make informed decisions.