Used 2022 Volvo XC60 for SaleNationwide

How much does the 2022 Volvo XC60 cost?

Prices have softened 15.35% compared to this time last year, making it a favourable time to shop this model year.

There are 256 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 many also like its advanced technology and sporty options. In practical terms, that makes it a strong fit if you want a refined luxury crossover that feels current, with a size that sits neatly between smaller and larger Volvo SUVs. 32.0% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2022 Volvo XC60 reliable?

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

The user feedback points to a vehicle that feels dependable, with owners repeatedly highlighting its smooth driving experience, comfort, and high-quality features. The expert evaluation also describes the XC60 as solidly engineered and emphasizes its calm, relaxed character, which supports the impression of a vehicle you can count on over time. Volvo’s four-year, 80,000-kilometre basic and powertrain warranties also help reduce early ownership risk for used buyers. For you, the main long-term concern is whether the specific example has been maintained well, especially if it has more complex electrified hardware or extra-cost equipment.

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

Key things to evaluate:

• Trim level: The base Momentum trim is the most straightforward entry point, while the R-Design adds a sportier look and the Inscription brings a more upscale feel with Nappa leather upholstery and a leather-wrapped steering wheel. If you want the most premium cabin presentation, the Inscription is the one to focus on.
• Powertrain: The B5 and B6 mild-hybrid powertrains both use a 2.0-litre turbocharged four-cylinder engine with a 48-volt electrical system, and the B6 adds an electric supercharger. The plug-in hybrid Recharge version uses a turbocharged and supercharged 2.0-litre engine with a rear electric motor.
• 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 it 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, a built-in Wi-Fi hotspot, and over-the-air software updates. Wireless smartphone integration is not mentioned here.
• Fuel efficiency: The B5 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, Momentum, R-Design, and Inscription.

Here's the short version:

• Momentum: This is the value-focused starting point, and it makes sense if you want the XC60’s core luxury, safety, and tech without stretching into pricier trims.
• R-Design: Choose this if you want a sportier appearance and a more expressive cabin, especially if you like the look of the test car’s aluminium mesh speaker grilles and textured seats.
• Inscription: This is the best-value trim if you want the most upscale feel, thanks to Nappa leather upholstery and a leather-wrapped steering wheel.

The standard safety equipment is strong across the lineup, while Volvo’s driver assistance system remains an available option package rather than a universal standard feature.

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 listings.

• Deal availability: 32.0% of listings are priced as good or great deals.
• Inventory: There are 256 listings available.
• Price trend: Prices have softened 15.35% compared with last year.

If you find a listing below $35,794 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 $35,794 CAD sits slightly below last year's $42,284 CAD.

That price drop suggests the market has become more favourable for buyers, but it also means future sellers may need to be realistic about expectations. If you buy now, you’re entering at a lower average price than last year, which can help cushion depreciation if the market stays steady. Strong demand for well-equipped luxury crossovers can still support resale, especially when the vehicle has a good reputation for comfort and safety.

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 Volvo XC60 earns a Top Safety Pick+ rating from IIHS, based on the similar 2021 model, and the 2021 model also received five-star ratings from NHTSA overall, 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 part of an option package, combining adaptive cruise control and automated lane centring. The main caveat is that the published crash-test results are for the similar 2021 model rather than this exact model year.

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:

• 32.0% of listings are priced as good or great deals.
• Price trend: Prices have softened 15.35% 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 $31,462 CAD, the 2021 costs less than the current year's $35,794 CAD average.
• It offers luxury comfort, safety, and value in a polished package.

Consider the 2023 if:

• At $40,963 CAD, the 2023 costs more than the current year's $35,794 CAD average.
• It improves the plug-in hybrid formula with better electric-only practicality.

The bottom line: If you want the freshest version of this XC60 generation at a softer price, the 2022 is the smart default. If your priority is saving money, the 2021 is the better value play. If you want the plug-in hybrid experience and can spend more, the 2023 is the more compelling electrified choice.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.