Used 2024 Volvo XC60 for Sale nearScarborough, ON

How much does the 2024 Volvo XC60 cost?

Prices have softened 15.94% compared to this time last year, making it a favourable time to shop this model year.

There are 182 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2024 Volvo XC60 a good car?

Yes — the 2024 Volvo XC60 earns a 5/5 user rating, and its appeal centres on safety, efficiency, and a premium compact-crossover layout. It is a five-passenger SUV with standard safety tech and luxurious amenities, and it suits you well if you want a restrained, timeless look rather than flashier styling. The standard all-wheel drive, eight-speed automatic transmission, and fuel-efficient four-cylinder powertrains help it feel well-rounded, while the available plug-in hybrid option adds another layer of efficiency for buyers who want electrified driving.

26.4% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2024 Volvo XC60 reliable?

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

The XC60’s long-running reputation for safety is a major part of its appeal, and its standard safety tech and upscale equipment reinforce that impression. For used buyers, the main long-term ownership risk is less about the vehicle’s core appeal and more about whether its premium features and driving character match your expectations over time.

Is now a good time to buy a used 2024 Volvo XC60?

This looks like a moderate, selective buyer’s market, so you can shop patiently but should move quickly on strong listings.

• Deal availability: 26.4% of listings are priced as good or great deals.
• Inventory: There are 182 listings available.
• Price trend: Prices have softened 15.94% compared with last year.

If you find a listing below $45,810 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 Volvo XC60's resale value?

The current average of $46,122 CAD sits slightly below last year's $54,866 CAD.

That softer pricing can help you buy more carefully now, but it also means future resale gains may be more limited if the market stays subdued. On the other hand, the XC60’s premium positioning, safety reputation, and broad appeal should help it remain attractive to used shoppers. If you keep mileage and condition in check, you should have a reasonable path to retaining value.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2024 Volvo XC60 or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 26.4% of listings are priced as good or great deals.
• Price trend: Prices have softened 15.94% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2023 if:

• At $40,575 CAD, the 2023 costs less than the current year's $46,122 CAD average.
• It offers plug-in hybrid flexibility with electric-only driving for shorter trips.

The bottom line: Choose the 2024 if you want the newer model-year pricing context, broader current-market inventory, and a strong satisfaction signal. If your priority is spending less upfront, the 2023 is the better value path, especially if plug-in hybrid capability matters to you.

These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.