Used 2022 Volvo XC60 for Sale nearMississauga, ON

How much does the 2022 Volvo XC60 cost?

Prices have softened 16.07% compared to this time last year, making it a favourable time to shop this model year.

There are 242 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2022 Volvo XC60 a good car?

Yes — the 2022 Volvo XC60 earns a 4.83/5 user rating and a 7.83/10 expert rating. The model scores 9/10 across Performance and Safety.

Drivers consistently praise its smooth driving experience, comfort, and high-quality features, and they also like its sporty options and advanced technology. In use-case terms, it suits you well if you want a refined luxury crossover that feels current, sits between compact and larger SUVs in size, and balances everyday practicality with upscale appeal.

There are 29.3% of listings priced as good or great deals, which gives you some room to find a competitive offer.

Is the 2022 Volvo XC60 reliable?

Owners rate it 4.83/5, a strong signal of long-term satisfaction.

Drivers describe it as smooth, comfortable, and high-quality, and those traits usually align with a dependable ownership experience. The feedback also points to a vehicle that feels well suited to longer-term use, especially if you value a calm, polished driving character.

Volvo’s mild-hybrid setup is designed to deliver smooth power delivery, which supports a trouble-free feel in daily driving. The four-year, 80,000-kilometre basic and powertrain warranties also help reduce early ownership risk for used buyers.

What should I look for when buying a used 2022 Volvo XC60?

Key things to evaluate:

• Trim level: The base Momentum keeps the XC60’s core luxury feel, but higher trims add more upscale touches. The Inscription trim level gets Nappa leather upholstery and a leather-wrapped steering wheel, while the B6 R-Design test car added aluminium mesh speaker grilles and elaborately textured seats.
• Powertrain: You get B5 and B6 mild-hybrid powertrains, each using a 2.0-litre turbocharged four-cylinder engine with a 48-volt electrical system and integrated starter generator. The B6 also adds an electric supercharger, and both versions use an eight-speed automatic transmission.
• Safety package: Standard equipment includes forward-collision warning, automatic emergency braking, lane-departure warning, lane-keep assist, traffic-sign recognition, blind-spot monitoring, and rear cross traffic alert. Volvo’s driver assistance system is available as part of an option package and combines adaptive cruise control with automated lane centring.
• Infotainment: You get a 9-inch touchscreen with Android Automotive, a 12.3-inch digital instrument cluster, Bluetooth, and a built-in Wi-Fi hotspot. Wireless-style convenience is supported through Google-based features, and the system also offers over-the-air software updates.
• Fuel efficiency: The base B5 powertrain is rated at 9.4 L/100 km combined, while the B6 is rated at 9.9 L/100 km combined. The Recharge plug-in hybrid is rated at 4.0 litres-equivalent per 100 kilometres combined and 9.3 L/100 km combined in hybrid mode.

Which 2022 Volvo XC60 trim should I buy?

The 2022 Volvo XC60 is offered in 6 trim levels: Momentum, R-Design, Inscription, and Polestar Engineered, plus the B5 Momentum and B6 Momentum variants.

Here's the short version:

• Momentum: This is the entry point, and it gives you the core XC60 experience with the new mild-hybrid setup and standard safety equipment. It makes sense if you want the XC60’s design, comfort, and technology without stretching for extras.
• R-Design: This trim adds a sportier look and feel, and the test car’s interior details gave it more visual flair. It suits you if you want a more expressive XC60 without moving into the top-end plug-in hybrid territory.
• Inscription: This is the best-value choice if you want the most upscale cabin treatment, thanks to Nappa leather upholstery and a leather-wrapped steering wheel. It’s the trim to target if comfort and luxury matter most.
• Polestar Engineered: This is the performance-focused plug-in hybrid version, with more power, Öhlins adjustable dampers, Akebono brakes, and a front strut bar. Choose it only if you specifically want the most aggressive XC60 setup.

Volvo’s driver assistance system is available as part of an option package, so check whether a used example includes it.

Is now a good time to buy a used 2022 Volvo XC60?

This looks like a moderate, selective buyer’s market, so you can shop carefully and still find worthwhile options.

• Deal availability: 29.3% of listings are priced as good or great deals.
• Inventory: There are 242 listings available.
• Price trend: Prices have softened 16.07% compared with last year.

If you find a listing below $35,206 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2022 Volvo XC60's resale value?

The current average of $35,206 CAD sits slightly below last year's $41,950 CAD.

That price drop suggests the market has become more favourable for buyers, but it also means future sellers may need to price competitively to stand out. If you buy well now, you may have less downside risk than someone who purchased when prices were higher. The current trend also indicates that demand is still active enough to support used-market turnover.

Vehicles with strong owner satisfaction ratings, like this model year's 4.83/5, tend to retain buyer demand, which supports resale value over time.

Is the 2022 Volvo XC60 safe?

The 2022 XC60 hasn’t been crash-tested by the IIHS or NHTSA, but the similar 2021 model received the IIHS’s highest Top Safety Pick+ rating and a five-star overall rating from NHTSA, with five-star ratings in frontal and side crash tests and four-star ratings in rollover crash tests.

It earns a 9/10 safety score from our experts.

Standard safety features include forward-collision warning, automatic emergency braking, lane-departure warning, lane-keep assist, traffic-sign recognition, blind-spot monitoring, and rear cross traffic alert. Volvo’s driver assistance system is available as an option and combines adaptive cruise control with automated lane centring.

Should I buy a 2022 Volvo XC60 or consider a different year?

If you're weighing the 2022 against nearby model years, here's how to think about it:

Choose the 2022 if:

• 29.3% of listings are priced as good or great deals.
• Price trend: Prices have softened 16.07% compared with last year.
• Owners rate it 4.83/5 — a strong satisfaction signal.
• It adds new mild-hybrid powertrains, updated styling, and Android-based infotainment.

Consider the 2021 if:

• At $31,289 CAD, the 2021 costs less than the current year's $35,206 CAD average.
• It feels just right, with luxury, safety, style, and value.

Consider the 2023 if:

• At $40,826 CAD, the 2023 costs more than the current year's $35,206 CAD average.
• It improves the plug-in hybrid formula with better electric-only practicality.

The bottom line: The 2022 is the best all-around choice if you want the updated powertrains, refreshed tech, and strong safety reputation. If your priority is lower purchase price, the 2021 is the smarter value play; if you want the more developed plug-in hybrid direction, the 2023 is worth the extra money.

These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.