Used 2022 Volvo XC60 for Sale nearMississauga, ON

How much does the 2022 Volvo XC60 cost?

Prices have softened 19.58% compared to this time last year, making it a favourable time to shop this model year.

There are 209 listings available, which suggests a healthy amount of inventory for you to compare.

Is the 2022 Volvo XC60 a good car?

Yes — the 2022 Volvo XC60 earns a 4.8/5 user rating and a 7.8/10 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 advanced technology and sporty options. That lines up with the XC60’s role as a refined luxury crossover that blends capability with a premium feel, especially if you want a compact-to-midsize SUV with broad trim choice and a strong focus on comfort.

The market also looks reasonably supportive, with 33.5% of listings marked as good or great deals.

Is the 2022 Volvo XC60 reliable?

Owners rate it 4.8/5, a strong signal of long-term satisfaction.

The user feedback points to a vehicle that feels dependable in daily use, with owners repeatedly highlighting its smooth driving experience, comfort, and high-quality features. The expert assessment also supports that impression by describing the XC60 as solidly engineered and calm on the road.

Volvo’s mild-hybrid setup and standard AWD should give you a reassuring ownership experience, but used buyers should still check service history carefully because luxury features and electrified hardware can raise repair costs if maintenance has been skipped.

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

Key things to evaluate:

• Trim level: The base Momentum is the most affordable entry point, but the B6 Momentum, R-Design, and Inscription trims add more equipment and a more upscale feel. The Inscription trim level gets Nappa leather upholstery and a leather-wrapped steering wheel, while the R-Design test car added more flair with aluminium mesh speaker grilles and elaborately textured seats.
• Powertrain: You get B5 and B6 mild-hybrid powertrains, both 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 the plug-in hybrid remains available if you want more output and electric driving capability.
• 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 in 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, built-in Wi-Fi hotspot, Google Assistant, Google Maps, third-party apps through Google Play, and over-the-air software updates. Apple compatibility is included as well.
• 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 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 7 trim levels: Momentum, Momentum, R-Design, Inscription, Inscription, R-Design, and Polestar Engineered.

Here's the short version:

• Momentum: This is the entry point, and it makes sense if you want the XC60’s core luxury feel without stretching too far on price. It gives you the updated styling, standard AWD, and the new tech interface, but it is the trim where you’ll feel the most feature gaps versus the richer versions.
• R-Design: This is the best-value choice if you want a more distinctive look and a sportier cabin presentation without jumping to the plug-in hybrid. It adds more visual flair and a more expressive interior, while still keeping the XC60’s comfort-first character.
• Inscription: Choose this if you want the most upscale traditional luxury feel in the mild-hybrid lineup. The Nappa leather upholstery and leather-wrapped steering wheel make it the most polished non-PHEV option.
• Polestar Engineered: This is the performance-focused pick, but it belongs only if you specifically want the plug-in hybrid’s extra power and hardware upgrades. It adds the most aggressive tuning and the most specialised equipment in the range.

The safety package is available as an option package, so make sure the used example you’re considering has the driver-assistance features you want.

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

This looks like a moderate, selective buyer’s market, so you have room to shop carefully and compare listings.

• Deal availability: 33.5% of listings are priced as good or great deals.
• Inventory: There are 209 listings available.
• Price trend: Prices have softened 19.58% compared with last year.

If you find a listing below $34,090 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 $34,090 CAD sits slightly below last year's $42,388 CAD.

That price drop suggests the XC60 has become more accessible for used buyers, but it also means future sellers may face a softer market if depreciation continues at the same pace. If you buy at today’s average, you may have less cushion for resale than owners did a year ago.

The good news is that the XC60’s strong reputation for comfort, technology, and safety should help keep demand steady. Well-equipped examples with desirable trims and clean histories are likely to hold buyer interest better than stripped or poorly maintained ones.

Vehicles with strong owner satisfaction ratings, like this model year's 4.8/5, 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 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 stars in frontal and side crash tests and four stars 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 in an option package 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:

• 33.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 19.58% compared with last year.
• Owners rate it 4.8/5 — a strong satisfaction signal.
• It brings updated mild-hybrid powertrains, refreshed styling, and the Android-based infotainment system.

Consider the 2021 if:

• At $29,291 CAD, the 2021 costs less than the current year's $34,090 CAD average.
• It offers a strong mix of luxury, safety, and value.

Consider the 2023 if:

• At $39,625 CAD, the 2023 costs more than the current year's $34,090 CAD average.
• It adds a more practical plug-in hybrid focus for electric-only commuting.

The bottom line: If you want the updated 2022 tech and powertrain changes, this is the year to target. If price matters most, the 2021 is the smarter value play; if you want plug-in hybrid capability, look to the 2023 instead.

How does the 2022 Volvo XC60 compare to the 2022 BMW X3?

Our experts score the 2022 Volvo XC60 7.8/10 and the 2022 BMW X3 7.8/10. The XC60 leans more toward comfort, quietness, and a refined luxury feel, while the X3 is the slightly more common choice in the market. The Volvo also has a lower average used price, while the BMW shows a slightly higher share of good and great deals.

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.