Used 2023 Volvo XC60 for Sale nearAjax, ON

How much does the 2023 Volvo XC60 cost?

Prices have softened 18.63% compared to this time last year, making it a favourable time to shop this model year.

There are 255 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2023 Volvo XC60 a good car?

The 2023 Volvo XC60 is a strong fit if you want a refined plug-in hybrid luxury SUV that balances electric-only commuting with gasoline-powered flexibility. It earns a 3/5 user rating and an 8.00/10 expert rating, and the model scores 10/10 across Look and feel and Safety.

The XC60’s appeal comes from its stylish design, impressive technology, and strong safety reputation. It is especially well suited to you if you want a premium SUV that can handle shorter electric trips without forcing you to commit to full EV ownership.

The trade-offs are real, though: acceleration and braking can feel abrupt, rear-seat legroom is tight, and value for the money may be questionable. Even so, 30.2% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2023 Volvo XC60 reliable?

The 2023 Volvo XC60 is presented as a well-developed SUV that has improved steadily since its last full redesign, and the plug-in hybrid version adds a useful blend of performance and efficiency. The expert evaluation also notes that the latest XC60 Recharge is a revelation for style, performance, and efficiency.

From a dependability standpoint, the powertrain is described as capable of delivering electric-only driving for shorter trips while still giving you the reassurance of a gasoline engine for longer journeys. The expert evaluation also highlights that the one-pedal driving system and regenerative braking help extend battery charge and recover energy on downhill grades.

If you want to ease into plug-in hybrid ownership, the XC60 Recharge is framed as a practical way to do that, and the lease-friendly angle may help reduce some ownership risk. For used buyers, the main long-term concern is that this is still a complex luxury PHEV, so upkeep and repair costs can be higher than you might expect.

What should I look for when buying a used 2023 Volvo XC60?

Key things to evaluate:

• Trim level: The lineup includes Core trim, Plus trim, Ultimate trim, and PHEV-only Polestar Engineered trim, with Bright or Dark exterior themes. The Ultimate trim brings the most complete safety and comfort equipment, while the test vehicle’s package added features such as a heated steering wheel, heated rear seats, air suspension, and a premium sound system.
• Powertrain: The Recharge model uses a turbocharged 2.0-litre four-cylinder gas engine, an electric motor at the rear, and an 18.8-kWh battery pack. It is rated at 455 horsepower and 423 lb-ft of torque, with an estimated 58 kilometres of electric driving range.
• Safety package: Pilot Assist is Volvo’s most advanced driver-assistance system, combining adaptive cruise control, blind spot monitoring, lane keeping assist, and lane-centring capability on the highway. Oncoming Lane Mitigation is also included, and the Ultimate trim came with all available safety features.
• Infotainment: You get a 9-inch portrait-style touchscreen, a 12-inch digital instrumentation panel, Google Built-in with four years of complimentary access to Google Assistant, Google Maps, and Google Play, plus Apple CarPlay, Bluetooth, SiriusXM satellite radio, and Wi-Fi access.
• Fuel efficiency: The expert evaluation recorded 4.3 L/100 km over a 105-kilometre route, and the vehicle also returned 11.9 L/100 km on a highway-heavy trip while operating in Charge mode.

Which 2023 Volvo XC60 trim should I buy?

The 2023 Volvo XC60 is offered in 4 trim levels: Core trim, Plus trim, Ultimate trim, and PHEV-only Polestar Engineered trim.

Here's the short version:

• Core trim: This is the entry point if you want the XC60’s basic luxury and plug-in hybrid appeal without stretching to the pricier versions. It makes sense if you value the model’s design and efficiency first.
• Plus trim: This is the best-value choice for many shoppers because it sits in the middle of the range and should give you a better balance of equipment and price than the Core.
• Ultimate trim: This is the one to target if you want the most complete version of the XC60 Recharge. It adds the richest cabin feel and the full safety feature set, making it the strongest pick if you plan to keep the SUV for a while.
• Polestar Engineered trim: Choose this only if you want the most performance-focused version in the lineup. It is the PHEV-only halo trim, so it suits you best if driving character matters more than value.

The Ultimate trim is the safety-package standout because it came with all of the XC60’s available safety features.

Is now a good time to buy a used 2023 Volvo XC60?

This is a moderate, selective buyer’s market, so you can afford to be picky and wait for the right listing.

• Deal availability: 30.2% of listings are priced as good or great deals.
• Inventory: There are 255 listings available.
• Price trend: Prices have softened 18.63% compared with last year.

If you find a listing below $40,016 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Volvo XC60's resale value?

The current average of $40,016 CAD sits slightly below last year's $49,179 CAD.

That price drop suggests the market has moved in buyers’ favour, which can make the XC60 easier to shop now than it was a year ago. If you buy at today’s average, you may have less downside protection than a seller who bought before the decline. For a future seller, that means resale value could remain under pressure unless demand strengthens or the vehicle is especially well equipped and well maintained.

Is the 2023 Volvo XC60 safe?

The 2023 Volvo XC60 B5 and B6 earn a Top Safety Pick+ rating from IIHS, and the XC60 B5 and B6 mild-hybrids earn top marks across the board from NHTSA.

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

Pilot Assist is Volvo’s most advanced driver-assistance system, combining adaptive cruise control, blind spot monitoring, lane keeping assist, and lane-centring capability on the highway. Oncoming Lane Mitigation is also included to help avoid collisions with oncoming vehicles or unsafe left turns across traffic.

The main caveat is that the crash-test language cited here applies to the B5 and B6 mild-hybrids, while the XC60 Recharge PHEV itself has not been assessed by NHTSA in the provided data.

Should I buy a 2023 Volvo XC60 or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 30.2% of listings are priced as good or great deals.
• Price trend: Prices have softened 18.63% compared with last year.
• It offers a compelling blend of electric-only driving, gasoline backup, and strong safety.

Consider the 2022 if:

• At $34,699 CAD, the 2022 costs less than the current year's $40,016 CAD average.
• It brings updated powertrains and a refreshed infotainment setup.

The bottom line: Choose the 2023 if you want the stronger plug-in hybrid experience and are comfortable paying more for it. If your priority is saving money, the 2022 is the better value path and still gives you a modern XC60 experience.

These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.