Used 2023 Volvo XC60 for Sale nearGloucester, ON

How much does the 2023 Volvo XC60 cost?

Prices have softened 20.03% compared to this time last year, making it a favourable time to shop this model year.

There are 249 listings available, which suggests a healthy amount of inventory for you to compare.

Is the 2023 Volvo XC60 a good car?

The 2023 Volvo XC60 is a compelling choice if you want a luxury plug-in hybrid SUV that balances electric commuting with gasoline-backed flexibility, though its value proposition is mixed. It earns a user rating of 3/5 and an expert rating of 8/10.

The model scores 10/10 across Look and feel and Safety.

Its strongest appeal is the combination of stylish design, impressive technology, and great safety ratings, all wrapped in a package that can introduce you to nightly charging without forcing you to give up long-trip usability. The trade-offs are real, though: acceleration and braking can be abrupt, rear-seat legroom is tight, and the price can climb quickly.

With 30.9% of listings marked as good or great deals, you have some room to shop selectively.

Is the 2023 Volvo XC60 reliable?

The 2023 Volvo XC60 benefits from a long-running improvement cycle, and the latest version of the Recharge powertrain is described as a revelation for its blend of style, performance, and efficiency. The powertrain update in mid-2022 brought a more powerful electric motor, and the vehicle’s hybrid operation is presented as smooth and useful for daily driving.

Volvo also positions the XC60 Recharge as a practical way to test EV-style ownership before fully committing to a pure electric vehicle. The first scheduled maintenance visit is on the house, which helps soften early ownership costs.

For used buyers, the main long-term risk is that a sophisticated plug-in hybrid luxury SUV can become expensive to own if repairs or out-of-warranty maintenance are needed.

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

Key things to evaluate:

• Trim level: The Ultimate trim brings the most complete equipment set, including the available safety features, while the test vehicle also showed how much the cabin benefits from extras such as the Climate Package, air suspension, and the Bowers & Wilkins sound system.
• Powertrain: The Recharge model uses a turbocharged 2.0-litre four-cylinder gas engine, a rear electric motor, and an 18.8-kWh battery pack for an estimated 58 km 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, wireless-style Google Built-in functionality 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: In testing, the XC60 Recharge averaged 4.3 L/100 km over a 105-km route, and a highway-heavy Charge-mode trip returned 11.9 L/100 km.

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, safety, and plug-in hybrid appeal without stretching to the pricier trims.
• Plus trim: This is the trim to target if you want a better balance of equipment and value, since it sits above Core without jumping all the way to the most expensive versions.
• Ultimate trim: This is the best-equipped mainstream choice and the one that best showcases the XC60’s technology, comfort, and safety strengths.
• Polestar Engineered trim: Choose this only if you want the most performance-focused version of the XC60 Recharge lineup.

The Ultimate trim is the one that comes with all of the XC60’s available safety features, including Pilot Assist.

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

This is a moderate buyer’s market, so you can shop selectively and still find meaningful choice.

• Deal availability: 30.9% of listings are priced as good or great deals.
• Inventory: There are 249 listings available.
• Price trend: Prices have softened 20.03% compared with last year.

If you find a listing below $39,625 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 $39,625 CAD sits slightly below last year's $49,548 CAD.

That drop suggests the market has moved in your favour as a buyer, but it also means a future seller may face softer resale conditions than owners saw a year ago. If you buy now, you may benefit from the lower entry price, but you should still expect depreciation to remain a factor in this segment. For resale-minded shoppers, the best protection is to buy well and keep the vehicle in strong condition.

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, and it combines 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 traffic or unsafe left turns across traffic.

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

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:

• 30.9% of listings are priced as good or great deals.
• Price trend: Prices have softened 20.03% compared with last year.
• The plug-in hybrid setup gives you nightly charging, electric-only driving, and gasoline backup for longer trips.

Consider the 2022 if:

• At $34,090 CAD, the 2022 costs less than the current year's $39,625 CAD average.
• The 2022 offers a broader trim mix with more mild-hybrid and plug-in hybrid choices.

The bottom line: If you want the XC60 Recharge’s updated plug-in hybrid experience and can take advantage of the lower current pricing, the 2023 is the stronger all-around pick. If your priority is spending less up front, the 2022 is the better value-oriented alternative.

How does the 2023 Volvo XC60 compare to the 2023 BMW X3?

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.