Used 2023 Volvo XC60 for Sale nearWinnipeg, MB
- Year:
- 2022
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 295 hp 2L I4
- Exterior colour:
- White
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- 8-Speed Automatic
- Mileage:
- 56,894
- Stock #:
- NM01013264
- VIN:
- LYV062RM6NB042764

2022 Volvo XC60
B6 R-Design AWD
56,894 km
$32,648
- Year:
- 2022
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 295 hp 2L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 93,729
- Stock #:
- 8773
- VIN:
- LYV062RMXNB012960

2022 Volvo XC60
B6 R-Design AWD
93,729 km
$36,980
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Silver Dawn Metallic
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 36,013
- Stock #:
- F7UFXU
- VIN:
- LYVL12RL9RB735529

2024 Volvo XC60
B5 Plus Dark Theme AWD
36,013 km
$48,999
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 455 hp 2L I4 Hybrid
- Exterior colour:
- Onyx Black
- Combined gas mileage:
- 4 L/100km
- Fuel type:
- Hybrid
- Interior colour:
- Red (Maroon Brown)
- Transmission:
- Automatic
- Mileage:
- 37,311
- Stock #:
- P6291
- VIN:
- LYVH60DA8PB248529
Photos coming soon
2023 Volvo XC60
Recharge T8 Ultimate Bright Theme eAWD
37,311 km
$53,817
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 295 hp 2L I4
- Exterior colour:
- Onyx Black
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 33,305
- Stock #:
- P6256
- VIN:
- LYV062RA8PB318399

2023 Volvo XC60
B6 Ultimate Bright Theme AWD
33,305 km
$46,717
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Exterior colour:
- Crystal White
- Interior colour:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 55,136
- Stock #:
- P6255
- VIN:
- LYV062RN0PB360410

2023 Volvo XC60
B6 Plus Bright Theme AWD
55,136 km
$40,335
- Year:
- 2022
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 295 hp 2L I4
- Exterior colour:
- Silver
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 32,762
- Stock #:
- D1580
- VIN:
- LYV062RL3NB929780

2022 Volvo XC60
B6 Inscription AWD
32,762 km
$41,749
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Crystal White
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Red (Maroon)
- Transmission:
- Automatic
- Mileage:
- 34,493
- Stock #:
- P6284
- VIN:
- LYVL12RL7RB746013

2024 Volvo XC60
B5 Plus Dark Theme AWD
34,493 km
$46,717
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 295 hp 2L I4
- Exterior colour:
- Silver Dawn
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 65,284
- Stock #:
- P6230
- VIN:
- LYV062RX5PB208009

2023 Volvo XC60
B6 Ultimate Dark Theme AWD
65,284 km
$41,723
- Year:
- 2022
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 295 hp 2L I4
- Exterior colour:
- Black
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Brown
- Transmission:
- Automatic
- Mileage:
- 99,652
- Stock #:
- PC1122
- VIN:
- LYV062RLXNB093496

2022 Volvo XC60
B6 Inscription AWD
99,652 km
$33,681
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Silver Dawn
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 40,617
- Stock #:
- P6283
- VIN:
- LYVL12RL9RB786190
Photos coming soon
2024 Volvo XC60
B5 Plus Dark Theme AWD
40,617 km
$46,217
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Exterior colour:
- Gray (Thunder Grey)
- Interior colour:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 34,543
- Stock #:
- P6290
- VIN:
- LYV062RN0PB208367
Photos coming soon
2023 Volvo XC60
B6 Plus Bright Theme AWD
34,543 km
$43,317
- Year:
- 2022
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 295 hp 2L I4
- Exterior colour:
- Onyx Black
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Red (Maroon)
- Transmission:
- Automatic
- Mileage:
- 47,889
- Stock #:
- P6259
- VIN:
- LYV062RL5NB918666

2022 Volvo XC60
B6 Inscription AWD
47,889 km
$39,735
CarGurus Analysis:
2023 Volvo XC60
With 40 currently listed for sale and an average price of $42,999 CAD, 70.0% of 2023 Volvo XC60 listings on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2023 Volvo XC60 3 / 5 stars and CarGurus experts gave it an 8 / 10.
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Exterior colour:
- Gray (Thunder Grey)
- Interior colour:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 60,068
- Stock #:
- P6279
- VIN:
- LYV062RNXPB248570

2023 Volvo XC60
B6 Plus Bright Theme AWD
60,068 km
$41,417
- Year:
- 2023
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Exterior colour:
- Crystal White
- Interior colour:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 33,561
- Stock #:
- P6204
- VIN:
- LYV062RWXPB229364

2023 Volvo XC60
B6 Plus Dark Theme AWD
33,561 km
$39,965
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Gray (Gris vapeur)
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 30,720
- Stock #:
- D1761
- VIN:
- LYVL12RL3RB887239

2024 Volvo XC60
B5 Plus Dark Theme AWD
30,720 km
$48,254
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Gray (Gris vapeur)
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 19,699
- Stock #:
- D1780
- VIN:
- LYVL12RL8RB922597

2024 Volvo XC60
B5 Plus Dark Theme AWD
19,699 km
$49,254
- Year:
- 2022
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 295 hp 2L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 146,000
- Stock #:
- 6073-39A
- VIN:
- LYV062RM8NB906990

-$2,000
2022 Volvo XC60
B6 R-Design AWD
146,000 km
$26,999
$26,199
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Gray (Gris vapeur)
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 23,904
- Stock #:
- D1769
- VIN:
- LYVL12RL1RB901266

2024 Volvo XC60
B5 Plus Dark Theme AWD
23,904 km
$49,254
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Crystal White
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black (Charcoal)
- Transmission:
- Automatic
- Mileage:
- 66,801
- Stock #:
- P6188
- VIN:
- LYVL12RL1RB748307

2024 Volvo XC60
B5 Plus Dark Theme AWD
66,801 km
$41,695
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Gray (Gris vapeur)
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 43,023
- Stock #:
- D1792
- VIN:
- LYVL12RLXRB881146

2024 Volvo XC60
B5 Plus Dark Theme AWD
43,023 km
$46,649
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Gray (Gris vapeur)
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 41,771
- Stock #:
- D1753
- VIN:
- LYVL12RL8RB894218

2024 Volvo XC60
B5 Plus Dark Theme AWD
41,771 km
$47,254
- Year:
- 2024
- Make:
- Volvo
- Model:
- XC60
- Body type:
- SUV / Crossover
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 247 hp 2L I4
- Exterior colour:
- Gray (Gris platine)
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 13,900
- Stock #:
- D1762
- VIN:
- LYVL12RK9RB816649

2024 Volvo XC60
B5 Core Dark Theme AWD
13,900 km
$47,254
CarGurus Analysis: 2023 Volvo XC60
overall

Summary
With 40 currently listed for sale and an average price of $42,999 CAD, 70.0% of 2023 Volvo XC60 listings on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2023 Volvo XC60 3 / 5 stars and CarGurus experts gave it an 8 / 10.
Why it stands out
The 2023 Volvo XC60 Recharge stands out as a plug-in hybrid luxury SUV that became even more compelling after a mid-2022 powertrain update. Its appeal lies in the way it blends electric-only driving for shorter trips with the reassurance of a gasoline engine for longer journeys, making it a practical choice for buyers who want to ease into PHEV ownership without giving up flexibility. It also brings together stylish design, impressive technology, and strong safety ratings, which help define its premium character.
That said, the 2023 Volvo XC60 Recharge is not without compromises. Its acceleration and braking can feel abrupt rather than smooth, rear-seat legroom is tight, and its value for the money may be questionable for some shoppers. Even so, for buyers drawn to a refined luxury SUV with plug-in hybrid capability and a strong safety reputation, it remains an appealing option.
Other model years to consider
- 2024 Volvo XC60
- Average price: $48,999 CAD
- Good/great deal percentage: 70.6%
- User rating: 5 / 5
- Total listings: 34
- 2022 Volvo XC60
- Average price: $38,990 CAD
- Good/great deal percentage: 66.7%
- User rating: 4.83 / 5
- Total listings: 21
Similar models to consider
- 2023 BMW X3
- Average price: $46,090 CAD
- Good/great deal percentage: 42.4%
- User rating: 5 / 5
- Total listings: 85
- 2023 Audi Q5
- Average price: $37,060 CAD
- Good/great deal percentage: 36.0%
- User rating: 5 / 5
- Total listings: 25
- 2023 Mercedes-Benz GLC
- Average price: $46,498 CAD
- Good/great deal percentage: 26.4%
- User rating: 5 / 5
- Total listings: 53
This analysis is based on CarGurus' proprietary market data from October 19, 2026, CarGurus experts' opinions, and generative AI.
3.0 Overall rating
Filter by rating
Sharon T
Reviewed a 2023 Volvo XC60 on Oct 13, 2022
I had a 2013 xc60 v6 and loved it. But the new model I don’t love the engine The stopping and restarting at stops isn’t smooth, a bit bucking. It felt a little more cramped than I remember. The look of car is great, and it was responsive to uphill and passing cars. Good gas mileage and high safety marks.
2023 Volvo XC60 Trims
| Trim type | MSRP |
|---|---|
| B5 Core AWD | $45,750 |
| Recharge T8 Ultimate Bright Theme eAWD | $66,950 |
| Recharge T8 Ultimate Dark Theme eAWD | $66,950 |
| B6 Core AWD | -- |
| B6 Ultimate Dark Theme AWD | $59,050 |
| B6 Ultimate Bright Theme AWD | $59,050 |
| B6 Plus Dark Theme AWD | -- |
| B6 Plus Bright Theme AWD | -- |
2023 Volvo XC60 Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 Volvo XC60 prices has changed over time.
See more price trends2023 Volvo XC60 Pricing Analysis
Pricing by Popular Canadian Cities
Market Area: Nationwide
Key Insights
- Highest-Price Market: Vancouver, BC leads with an average price of $51,950 CAD, indicating a premium market for the XC60.
- Best Value: Halifax, NS offers the lowest average price at $33,900 CAD, presenting a significant opportunity for budget-conscious shoppers.
- Inventory Drives Stability: Toronto, ON has the most listings at 113, suggesting a robust market presence that may stabilise pricing.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Toronto, ON | 113 | $34,590 CAD |
| Montreal, QC | 111 | $38,768 CAD |
| Ottawa, ON | 76 | $34,356 CAD |
| Halifax, NS | 64 | $33,900 CAD |
| London, ON | 57 | $38,431 CAD |
| Winnipeg, MB | 40 | $42,999 CAD |
| Edmonton, AB | 38 | $38,895 CAD |
| Calgary, AB | 17 | $39,271 CAD |
| Vancouver, BC | 13 | $51,950 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The B5 Plus Dark Theme AWD trim has the highest inventory with 49 listings, indicating strong demand for this configuration.
- Premium Spread: The Recharge T8 Ultimate Dark Theme eAWD is priced at $66,950 CAD, showcasing a significant premium for hybrid technology.
- Drivetrain Effect: All trims feature AWD, which may appeal to consumers in regions with challenging weather conditions, enhancing overall desirability.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| B5 Plus Dark Theme AWD | 49 | $50,000 CAD | AWD | 2.0L 247 hp I4 |
| B6 Ultimate Bright Theme AWD | 14 | $59,050 CAD | AWD | 2.0L 295 hp I4 |
| B6 Ultimate Dark Theme AWD | 11 | $59,050 CAD | AWD | 2.0L 295 hp I4 |
| Recharge T8 Ultimate Dark Theme eAWD | 11 | $66,950 CAD | AWD | 2.0L 455 hp I4 Hybrid |
| Recharge T8 Plus Dark Theme eAWD | 9 | $61,450 CAD | AWD | 2.0L 455 hp I4 Hybrid |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2027 model year has an average price of $63,494 CAD, reflecting a 27.8% premium over its starting MSRP, indicating strong demand for newer models.
- Depreciation Curve: The 2017 model year shows the steepest depreciation at -69.1%, highlighting the rapid value loss typical for older luxury vehicles.
- Best Value Sweet Spot: The 2026 model year is priced at $50,772 CAD, only 2.2% above its starting MSRP, suggesting it may represent a good balance of value and features for buyers.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2027 | $49,700 CAD | $63,494 CAD | +27.8% |
| 2026 | $49,700 CAD | $50,772 CAD | +2.2% |
| 2025 | $47,050 CAD | $40,370 CAD | -14.2% |
| 2024 | $46,900 CAD | $37,640 CAD | -19.7% |
| 2023 | $43,450 CAD | $31,851 CAD | -26.7% |
| 2022 | $42,650 CAD | $28,134 CAD | -34.0% |
| 2021 | $41,700 CAD | $24,317 CAD | -41.7% |
| 2020 | $40,150 CAD | $22,250 CAD | -44.6% |
| 2019 | $39,800 CAD | $19,815 CAD | -50.2% |
| 2018 | $41,500 CAD | $17,639 CAD | -57.5% |
| 2017 | $40,950 CAD | $12,647 CAD | -69.1% |
These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.
How much does the 2023 Volvo XC60 cost?
| Metric | Value |
|---|---|
| Current Average Price | $39,972 CAD |
| Year-Round Low | $39,972 CAD |
| Year-Round High | $50,703 CAD |
| Average Price a Year Ago | $48,718 CAD |
| Change vs. Last Year | −17.95% |
Prices have softened 17.95% compared to this time last year, making it a favourable time to shop this model year.
There are 260 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 Recharge is a strong fit if you want a premium plug-in hybrid SUV that balances electric-only commuting with gasoline-backed flexibility. It earns a user rating of 3/5 and an expert rating of 8.00/10.
The model scores 10/10 across Look and feel and Safety.
Its appeal comes from stylish design, impressive technology, and strong safety ratings, while the plug-in hybrid setup makes it especially useful if you want to ease into PHEV ownership without giving up longer-trip flexibility. The trade-offs are worth weighing, though: acceleration and braking can feel abrupt, and rear-seat legroom is tight. Value for the money is also a concern if you are shopping carefully.
With 28.5% of listings priced as good or great deals, there is some room to find a competitive offer if you shop patiently.
Is the 2023 Volvo XC60 reliable?
The 2023 Volvo XC60 Recharge is presented as a refined, well-developed SUV that has benefited from ongoing improvement since its last full redesign. Its plug-in hybrid system is described as a practical way to try electric driving without giving up the reassurance of a gasoline engine.
The performance notes point to a powertrain that is quick, efficient, and capable of delivering meaningful electric-only range for daily use. The cost-effectiveness notes also frame the XC60 as a model that can make sense if you want to test EV-style ownership before fully committing to a pure electric vehicle.
For used buyers, the main long-term ownership risk is that this is a complex luxury plug-in hybrid, 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 Ultimate trim brings the fullest equipment set, including the most complete safety and convenience content, while the test vehicle’s upscale cabin details show how much the higher trims add over the more basic versions.
- Powertrain: The Recharge setup pairs a turbocharged 2.0-litre four-cylinder engine with a rear electric motor and an 18.8-kWh battery pack, and it is tuned for strong performance with useful electric-only driving range.
- Safety package: Pilot Assist is the key driver-assistance suite, combining adaptive cruise control, blind spot monitoring, lane keeping assist, and lane-centring capability on the highway. Oncoming Lane Mitigation is also included.
- Infotainment: You get a 9-inch portrait-style touchscreen, a 12-inch digital instrumentation panel, Google Built-in, wireless-style smartphone integration through Android-friendly operation, Apple CarPlay support, and over-the-air-style connected services through Google Assistant, Google Maps, and Google Play access.
- Fuel efficiency: The test vehicle averaged 4.3 L/100 km over a 105-km route, and the powertrain was also recorded at 11.9 L/100 km on a highway-heavy trip while charging the battery.
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: This is the entry point if you want the XC60 experience at the lowest starting point, but the available content makes it clear that the higher trims bring the richer cabin and broader feature set most shoppers will notice.
- Plus: This is the sensible step-up if you want more equipment without going all the way to the top, and it should suit you if you value a better-balanced luxury experience.
- Ultimate: This is the best-value choice for most used buyers because it brings the most complete safety and comfort content, including the full Pilot Assist suite and the upscale cabin touches that define the XC60 Recharge.
- Polestar Engineered: Choose this only if you specifically want the most performance-focused version of the XC60 Recharge; it is the enthusiast pick in the range.
The Ultimate trim is the one that comes 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 buyer’s market, so you can be selective without expecting every listing to be a bargain.
- Deal availability: 28.5% of listings are priced as good or great deals.
- Inventory: There are 260 listings available.
- Price trend: Prices have softened 17.95% compared with last year.
If you find a listing below $39,972 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 $39,972 CAD sits slightly below last year's $48,718 CAD.
That drop suggests the XC60 Recharge has become more accessible for used buyers, which can help you if you are shopping now. For a future seller, it means you may face more price pressure unless the vehicle is especially well equipped or exceptionally clean.
The current pricing also sits within a fairly wide year-round range, so condition, trim, and equipment should matter a lot when you decide what to pay or ask.
Is the 2023 Volvo XC60 safe?
The 2023 Volvo XC60 B5 and B6 earn a Top Safety Pick+ rating from the 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 the main driver-assistance suite, 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 reduce the risk of collisions with oncoming traffic.
One important caveat is that the crash-test ratings cited here apply to the B5 and B6 mild-hybrid versions, while the plug-in hybrid was not 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:
- 28.5% of listings are priced as good or great deals.
- Price trend: Prices have softened 17.95% compared with last year.
- It gives you a compelling plug-in hybrid blend of electric-only commuting and gasoline flexibility.
Consider the 2022 if:
- At $34,664 CAD, the 2022 costs less than the current year's $39,972 CAD average.
- It offers a refreshed XC60 lineup with updated powertrains and a broader mix of mild-hybrid and plug-in hybrid choices.
The bottom line: Choose the 2023 if you want the more current plug-in hybrid experience and are comfortable paying a bit more for it. If your priority is saving money, the 2022 is the better value path and still gives you a modern XC60 with strong appeal.
How does the 2023 Volvo XC60 compare to the 2023 BMW X3?
| Spec | 2023 Volvo XC60 | 2023 BMW X3 |
|---|---|---|
| Starting MSRP | $43,450 CAD | $46,200 CAD |
| Engine | 2.0L 247 hp I4 | 2.0L 248 hp I4 |
| Horsepower | 247 hp @ 5500 rpm | 248 hp @ 5200 rpm |
| MPG/MPGe (city) | 23 | 23 |
| MPG/MPGe (highway) | 30 | 29 |
| Average used price | $39,972 CAD | $41,183 CAD |
| Listings available | 260 | 438 |
| Good & great deal share | 28.5% | 30.8% |
Read our full side-by-side expert comparison here.
These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.
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