2024 Volvo S60
Now in its 2024 model year, the Volvo S60 is a Sedan priced from $42,000 to $58,550 across 12 trims. This page compiles safety, fuel cost, reliability, and ownership data from six independent sources, all linked to the original publisher.
Among 51 mid-range Sedans, the 2024 Volvo S60 earns a C for fuel cost. NHTSA rates it at 5 stars. RepairPal gives it 3.0 out of 5 for reliability. NHTSA has 4 recall campaigns on file, more than the 1.2 average for Sedans.
What the published data indicates
Compared with similar sedans in our dataset, the clearest positive signals for the 2024 Volvo S60 are high published crash-test results and lower estimated ownership costs for its vehicle class, with EPA estimates you will save on fuel compared to the average new vehicle. The main caution is that the recall history is not a standout.
- safety
- ownership cost
- fuel savings
Strongest published signals
- Safety: 5-star NHTSA. Safest Sedans 2024 →
- AAA estimates $9,479/yr in non-fuel ownership costs for the Medium Sedan (Hybrid) class, including insurance ($1,571), maintenance ($1,551), and depreciation ($3,535).
- EPA estimates this vehicle saves you about $1,250 over five years in fuel compared to the average new vehicle.
Limits and cautions
- There are 4 recalls on file, above the current sedans average. Zero-recall cars 2024 →
- Reliability is not a standout here: RepairPal 3.0/5.
- Fuel cost lands in the middle of its comparison group rather than standing out.
Comparable models
- Starting MSRP
- $42,000 - $58,550
- EPA Combined MPG
- 28-30 MPG
- EPA Combined MPG
- 31 MPG (Plug-In Hybrid)
- NHTSA Safety Rating
- 5-Star (Highest)
- Est. Annual Fuel Cost
- $1,850 - $2,050/yr
- Recalls on File
- 4 recalls on file
- EPA: vs Avg Vehicle
- Save $1,250 over 5 yrs
- Owner Complaints
- 16 on file
- Brand Origin
- Sweden
How Safe Is the 2024 Volvo S60?
NHTSA awarded the 2024 Volvo S60 a 5-star overall rating, the highest available. This places it among the 99% of Sedans that earned top marks in frontal, side, and rollover crash tests. Source: NHTSA.
Overall Safety
99% of Sedans share this top rating
| Category | Rating |
|---|---|
| Frontal Crash | |
| Side Crash | |
| Rollover |
Rollover Risk: 9.9%
| Feature | Availability |
|---|---|
| Forward Collision Warning | Standard |
| Lane Departure Warning | Standard |
| Crash Imminent Braking | Standard |
| Dynamic Brake Support | Standard |
NHTSA evaluates frontal, side, and rollover performance. IIHS adds small overlap and roof strength tests. Both sets of results are shown here.
How Did the 2024 Volvo S60 Perform in IIHS Crash Tests?
IIHS has tested the 2024 Volvo S60 but did not award a Top Safety Pick designation. Individual test ratings are shown below. IIHS tests complement NHTSA ratings by evaluating different crash scenarios. Source: IIHS.
| Test | Rating |
|---|---|
| Small Overlap Front | G Good |
| Headlights | G Good |
| Child Seat Anchors (LATCH) | A Acceptable |
IIHS vehicle class: Midsize luxury cars
Crash tests measure how a vehicle performs in a collision. Recall data reveals whether the manufacturer or NHTSA has found safety defects requiring correction.
Does the 2024 Volvo S60 Have Any Recalls?
With 4 recall campaigns on file, the 2024 Volvo S60 exceeds the 1.2 average for Sedans. Affected components include AIR BAGS:FRONTAL, BACK OVER PREVENTION:SOFTWARE, SERVICE BRAKES, SERVICE BRAKES, HYDRAULIC:POWER ASSIST:ELECTRIC:CONTROL MODULE:SOFTWARE. Note that more recalls can indicate more proactive defect identification. All recall repairs are free. Source: NHTSA.
4 recall campaigns on file with NHTSA.
Components: AIR BAGS:FRONTAL, BACK OVER PREVENTION:SOFTWARE, SERVICE BRAKES, SERVICE BRAKES, HYDRAULIC:POWER ASSIST:ELECTRIC:CONTROL MODULE:SOFTWARE
Most recent: December 2025
Units affected: 849,586
Owner-Reported Problems
NHTSA has 16 owner complaints on file for the 2024 Volvo S60. The average for 2024 Sedans is 26 complaints. Owner complaints are self-reported and unverified, but patterns across many reports can indicate real issues.
3 in the last 90 days · 9 in the last 12 months · most recent filed 2026-02-19
Safety-relevant complaints: At least one complaint includes crash reported. Review individual reports on NHTSA.gov for details.
Most-reported problem areas
- Brakes6
- Electrical4
- ADAS / Safety Tech4
- Fuel System3
- Speed Control2
Source: NHTSA Vehicle Complaints Database. Data last refreshed 2026-03-07.
Safety data covered, the next consideration is what this vehicle costs to run. Fuel economy is where most owners feel the difference between trims.
What Is the 2024 Volvo S60 Fuel Economy?
EPA rates the most efficient 2024 Volvo S60 trim at 31 combined MPG, with a projected annual fuel cost near $1,850. That is roughly in line with the $1,774 average for mid-range Sedans. Source: EPA.
Ranges from 28 to 31 combined MPG/MPGe depending on trim and drivetrain.
| Trim | Combined | City | Highway | Annual Fuel Cost |
|---|---|---|---|---|
| B5 Core FWD HEV | 30 MPG | 26 | 35 | $1,950/yr |
| B5 Core AWD HEV | 28 MPG | 25 | 33 | $2,050/yr |
| B5 Plus FWD HEV | 30 MPG | 26 | 35 | $1,950/yr |
| B5 Plus Black Edition FWD HEV | 30 MPG | 26 | 35 | $1,950/yr |
| B5 Plus AWD HEV | 28 MPG | 25 | 33 | $2,050/yr |
| B5 Plus Black Edition AWD HEV | 28 MPG | 25 | 33 | $2,050/yr |
| B5 Ultimate AWD HEV | 28 MPG | 25 | 33 | $2,050/yr |
| Recharge T8 Core AWD PHEV | 31 MPG | 30 | 33 | $1,850/yr |
| Recharge T8 Plus AWD PHEV | 31 MPG | 30 | 33 | $1,850/yr |
| Recharge T8 Plus Black Edit... | 31 MPG | 30 | 33 | $1,850/yr |
| Recharge T8 Ultimate AWD PHEV | 31 MPG | 30 | 33 | $1,850/yr |
| Recharge T8 Ultimate Black ... | 31 MPG | 30 | 33 | $1,850/yr |
Fuel costs are predictable from EPA data. The less visible costs, insurance, maintenance, and depreciation, are estimated by AAA for this vehicle class.
What Does the 2024 Volvo S60 Cost to Own?
Estimated 5-year total ownership cost for the 2024 Volvo S60 ranges from $85,035 to $115,195 depending on trim, based on AAA's Your Driving Costs study for the Medium Sedan (Hybrid) class. This includes insurance, maintenance, depreciation, registration, and financing. These are class averages, not specific to this model. Source: AAA.
| Maintenance | $1,551/yr |
|---|---|
| Insurance | $1,571/yr |
| Depreciation | $3,535/yr |
| Registration & Taxes | $721/yr |
| Financing | $1,001/yr |
| Total (excluding fuel) | $9,479/yr |
With 12 trims available, the cost and equipment differences are worth examining. The comparison below shows how price, fuel economy, and features vary.
How Do the 2024 Volvo S60 Trims Compare?
With 12 trims priced from $42,000 to $58,550, the 2024 Volvo S60 offers a range of equipment levels. Trims are available with Hybrid and Plug-In Hybrid powertrains, which affects fuel economy and pricing. MSRP figures below do not include destination, taxes, or dealer fees.
| Trim | Base MSRP | Combined MPG | Est. Annual Fuel Cost | Drive Type | Horsepower | Curb Weight | Est. 5-Year Cost | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| B5 Core FWD HEV | $42,000 | 30 MPG | $1,950/yr | FWD | 247 hp | 3,777 lbs | $85,035 | ||||||||||||||||
| B5 Core AWD HEV | $44,300 | 28 MPG | $2,050/yr | AWD | 247 hp | 3,949 lbs | $101,945 | ||||||||||||||||
| B5 Plus FWD HEV | $44,950 | 30 MPG | $1,950/yr | FWD | 247 hp | 3,777 lbs | $87,985 | ||||||||||||||||
| B5 Plus Black Edition FWD HEV | $46,650 | 30 MPG | $1,950/yr | FWD | 247 hp | 3,777 lbs | $89,685 | ||||||||||||||||
| B5 Plus AWD HEV | $47,250 | 28 MPG | $2,050/yr | AWD | 247 hp | 3,949 lbs | $104,895 | ||||||||||||||||
| B5 Plus Black Edition AWD HEV | $48,950 | 28 MPG | $2,050/yr | AWD | 247 hp | 3,949 lbs | $106,595 | ||||||||||||||||
| B5 Ultimate AWD HEV | $49,750 | 28 MPG | $2,050/yr | AWD | 247 hp | 3,949 lbs | $107,395 | ||||||||||||||||
| Recharge T8 Core AWD PHEV | $51,950 | 31 MPG | $1,850/yr | AWD | 455 hp | 4,452 lbs | $108,595 | ||||||||||||||||
| Recharge T8 Plus AWD PHEV | $54,900 | 31 MPG | $1,850/yr | AWD | 455 hp | 4,452 lbs | $111,545 | ||||||||||||||||
| Recharge T8 Plus Black Edit... | $56,600 | 31 MPG | $1,850/yr | AWD | 455 hp | 4,452 lbs | $113,245 | ||||||||||||||||
Show 2 more trim(s)
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View full trim timeline (2024–2025)
| Trim | 2024 | 2025 |
|---|---|---|
| B5 Core FWD HEV | $42,000 30 MPG | $42,600 30 MPG |
| B5 Core AWD HEV | $44,300 28 MPG | $44,900 28 MPG |
| B5 Plus FWD HEV | $44,950 30 MPG | $45,400 30 MPG |
| B5 Plus AWD HEV | $47,250 28 MPG | $47,750 28 MPG |
Compare Trim Costs
Select two trims and adjust your driving and financing to see how monthly costs compare. Only costs we can compute from EPA data and your inputs are shown. No estimates, no guesses.
Your driving & financing
Beyond the purchase decision, the next question is long-term dependability. Here is the reliability rating currently available for this vehicle.
How Reliable Is the 2024 Volvo S60?
RepairPal rates the 2024 Volvo S60 at 3.0 out of 5.0 for reliability, which is about average for mid-range Sedans. RepairPal ratings reflect repair frequency and cost data from a network of certified repair shops. Source: RepairPal.
Volvo backs this vehicle with the following warranty terms. Coverage begins from the original purchase date.
What Warranty Does the 2024 Volvo S60 Come With?
Volvo provides the following warranty coverage for the 2024 S60. Warranty terms are published by the manufacturer and apply to all trims. Coverage begins from the date of original purchase. Warranty terms shown here reflect the most recently published manufacturer data.
| Basic Warranty | 4yr/50k |
|---|---|
| Powertrain Warranty | 4yr/50k |
| Corrosion Warranty | 12yr/unlimited |
| Roadside Assistance | 4yr/unlimited |
| Complimentary Maintenance | 3yr/36k |
What Are the 2024 Volvo S60 Specs?
Detailed specifications for the 2024 Volvo S60 as reported by the manufacturer. Specifications may vary by trim, market, and production date. Source: manufacturer-reported data.
| Engine | 2L I4 |
|---|---|
| Horsepower | 247 - 455 hp |
| Torque | 258 - 523 lb-ft |
| Transmission | 8-speed shiftable automatic |
| Drive Type | Front-Wheel Drive, All-Wheel Drive |
| Fuel Type | premium unleaded (recommended) |
| Fuel Tank | 15.9 gal |
| Length | 188.1 in |
|---|---|
| Width | 72.8 in |
| Height | 56.6 in |
| Wheelbase | 113.1 in |
| Curb Weight | 3,777 - 4,452 lbs |
This page reflects published data from EPA, NHTSA, IIHS, AAA, manufacturers, and selected third-party references for the 2024 Volvo S60. The trim evolution section above shows how pricing and lineup composition have changed since 2024. All data updates automatically when source agencies publish new information.
2024 Volvo S60 FAQ
How does the 2024 Volvo S60 compare to other sedans?
Based on published data, the 2024 Volvo S60 has a safety grade of B, a fuel cost grade of C, and a RepairPal reliability score of 3.0/5. These grades compare it against similar sedans in its price range. No single metric tells the whole story, so we recommend reviewing each section on this page. See our Safest Sedans 2024 list.
Which 2024 Volvo S60 trim has the lowest ownership cost?
Among 12 available trims, the B5 Core FWD HEV has the lowest estimated five-year ownership cost at $85,035, starting at $42,000 MSRP. The most expensive trim to own is about $115,195. See the full trim comparison table above for a side-by-side breakdown.
How much does 2024 Volvo S60 insurance cost?
AAA estimates the annual insurance cost for the Medium Sedan (Hybrid) class at $1,571 per year, or about $131 per month. This is a class-level average, not specific to the 2024 Volvo S60. Your actual premium will depend on your driving history, location, and coverage choices. Source: AAA Your Driving Costs study.
How much does 2024 Volvo S60 maintenance cost per year?
AAA estimates average annual maintenance for the Medium Sedan (Hybrid) class at $1,551 per year. This covers routine services, wear items, and unscheduled repairs. Combined with insurance ($1,571/yr) and depreciation ($3,535/yr), total non-fuel ownership costs run about $9,479 per year. These are class averages from the AAA Your Driving Costs study.
How fast does a 2024 Volvo S60 depreciate?
AAA estimates the Medium Sedan (Hybrid) class depreciates about $3,535 per year, or roughly $17,675 over five years. On a base MSRP of $42,000, that represents about 42% of the purchase price. These are class averages and actual depreciation varies by trim, condition, mileage, and market demand. Source: AAA.
How much will I spend on gas with a 2024 Volvo S60?
The most efficient 2024 Volvo S60 trim costs an estimated $1,850 per year in fuel, or about $154 per month, based on EPA ratings and national average fuel prices. See our Cheapest Sedans to fuel 2024 list.
What vehicles compete with the 2024 Volvo S60?
Based on price range, body type, and segment positioning, the closest competitors to the 2024 Volvo S60 include 2024 Lexus ES, 2024 Audi A4, and 2024 Toyota Crown. Each of those pages includes the same safety, fuel cost, reliability, and recall data so you can compare directly. Browse all 2024 Sedans.
How much does a 2024 Volvo S60 cost per month to own?
Excluding your car payment, estimated monthly costs for the 2024 Volvo S60 include about $790 for insurance, maintenance, depreciation, and fees, plus roughly $154 for fuel. That puts non-payment running costs around $944 per month. These are estimates based on AAA class averages and EPA fuel data. Actual costs depend on your driving, location, and coverage.
Is the 2024 Volvo S60 available as a hybrid?
Yes, the 2024 Volvo S60 is available with a hybrid powertrain option alongside conventional powertrains. Hybrid trims typically offer better fuel economy at a higher starting price compared to conventional gas trims.
Is the 2024 Volvo S60 safe for families?
The 2024 Volvo S60 earned NHTSA's highest 5-star overall safety rating, which evaluates frontal crash, side crash, and rollover resistance. A 5-star rating does not guarantee safety in every situation but indicates strong performance in standardized crash tests. See our Safest Sedans 2024 list.
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Other Model Years
Data on this page is compiled from government agencies and independent research organizations. It is provided for informational purposes only and does not constitute financial, purchasing, or safety advice. Verify all data with the original source before making decisions.