2024 Volvo V60
This page covers the 2024 Volvo V60, a Wagon available in 1 trim at $71,250. Below you will find crash test ratings, fuel cost data, reliability scores, recall history, ownership costs, and manufacturer specifications, each sourced and linked to the original publisher.
Among 10 premium Wagons, the 2024 Volvo V60 earns a C for fuel cost. NHTSA rates it at 5 stars. RepairPal gives it 3.0 out of 5 for reliability. NHTSA has 3 recall campaigns on file, more than the 0.6 average for Wagons.
What the published data indicates
Compared with similar wagons in our dataset, the clearest positive signals for the 2024 Volvo V60 are high published crash-test results and lower estimated ownership costs for its vehicle class. The main caution is that the recall history is not a standout.
- safety
- ownership cost
Strongest published signals
- Safety: 5-star NHTSA.
- 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).
Limits and cautions
- There are 3 recalls on file, above the current wagons average. Zero-recall cars 2024 →
- Best estimated five-year cost in the lineup still lands about $5,380 above the similar-vehicle average.
- Reliability is not a standout here: RepairPal 3.0/5.
Comparable models
- Starting MSRP
- $71,250
- EPA Combined MPG
- 27 MPG
- NHTSA Safety Rating
- 5-Star (Highest)
- Est. Annual Fuel Cost
- $2,150/yr
- Recalls on File
- 3 recalls on file
- EPA: vs Avg Vehicle
- $3,000 more over 5 yrs
- Owner Complaints
- 4 on file
- Brand Origin
- Sweden
How Safe Is the 2024 Volvo V60?
NHTSA awarded the 2024 Volvo V60 a 5-star overall rating, the highest available. This places it among the 78% of Wagons that earned top marks in frontal, side, and rollover crash tests. Source: NHTSA.
Overall Safety
78% of Wagons 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 V60 Perform in IIHS Crash Tests?
IIHS has tested the 2024 Volvo V60 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 V60 Have Any Recalls?
NHTSA has 3 recall campaigns on file for the 2024 Volvo V60, affecting BACK OVER PREVENTION:SOFTWARE, SERVICE BRAKES, SERVICE BRAKES, HYDRAULIC:POWER ASSIST:ELECTRIC:CONTROL MODULE:SOFTWARE. This is more than the 0.6 average for Wagons. A higher recall count does not necessarily indicate a less safe vehicle. It may reflect a manufacturer's responsiveness to potential issues. Repairs are free at authorized dealers. Source: NHTSA.
3 recall campaigns on file with NHTSA.
Components: BACK OVER PREVENTION:SOFTWARE, SERVICE BRAKES, SERVICE BRAKES, HYDRAULIC:POWER ASSIST:ELECTRIC:CONTROL MODULE:SOFTWARE
Most recent: December 2025
Units affected: 1,675,542
Owner-Reported Problems
NHTSA has 4 owner complaints on file for the 2024 Volvo V60. The average for 2024 Wagons is 7 complaints. Owner complaints are self-reported and unverified, but patterns across many reports can indicate real issues.
most recent filed 2025-02-28
Most-reported problem areas
- Visibility2
- Brakes1
- Electrical1
- Fuel System1
- ADAS / Safety Tech1
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 V60 Fuel Economy?
The 2024 Volvo V60 achieves up to 27 combined MPG according to EPA testing, with an estimated annual fuel cost of $2,150. That is $126 more per year than the $2,024 average for premium Wagons. EPA estimates are based on standardized laboratory tests. Source: EPA (fueleconomy.gov).
| Trim | Combined | City | Highway | Annual Fuel Cost |
|---|---|---|---|---|
| T8 Polestar Engineered | 27 MPG | 24 | 31 | $2,150/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 V60 Cost to Own?
Estimated 5-year total ownership cost for the 2024 Volvo V60 ranges from $115,285 to $115,285 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 1 trim 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 V60 Trims Compare?
With 1 trim priced at $71,250, the 2024 Volvo V60 offers a range of equipment levels. All trims use a Plug-In Hybrid powertrain. MSRP figures below do not include destination, taxes, or dealer fees.
T8 Polestar Engineered
| Base MSRP | $71,250 |
|---|---|
| Combined MPG | 27 MPG |
| Est. Annual Fuel Cost | $2,150/yr |
| Drive Type | All-Wheel Drive |
| Horsepower | 455 hp |
| Est. 5-Year Cost | $115,285 |
View full trim timeline (2024–2025)
| Trim | 2024 | 2025 |
|---|---|---|
| T8 Polestar Engineered | $71,250 27 MPG | $71,250 31 MPG |
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 V60?
RepairPal rates the 2024 Volvo V60 at 3.0 out of 5.0 for reliability, which is about average for premium Wagons. 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 V60 Come With?
Volvo provides the following warranty coverage for the 2024 V60. 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 V60 Specs?
Detailed specifications for the 2024 Volvo V60 as reported by the manufacturer. Specifications may vary by trim, market, and production date. Source: manufacturer-reported data.
| Engine | 2L I4 |
|---|---|
| Horsepower | 455 hp |
| Torque | 523 lb-ft |
| Transmission | 8-speed shiftable automatic |
| Drive Type | All-Wheel Drive |
| Fuel Type | premium unleaded (recommended) |
| Fuel Tank | 15.9 gal |
| Length | 187.4 in |
|---|---|
| Width | 72.8 in |
| Height | 56.6 in |
| Wheelbase | 113.1 in |
| Curb Weight | 4,490 lbs |
All data shown for the 2024 Volvo V60 comes from EPA, NHTSA, IIHS, AAA, manufacturers, and selected third-party references. This page updates automatically when source agencies publish new information. See our methodology page for details on data collection and verification.
2024 Volvo V60 FAQ
How does the 2024 Volvo V60 compare to other wagons?
Based on published data, the 2024 Volvo V60 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 wagons in its price range. No single metric tells the whole story, so we recommend reviewing each section on this page.
How much does 2024 Volvo V60 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 V60. Your actual premium will depend on your driving history, location, and coverage choices. Source: AAA Your Driving Costs study.
How much does 2024 Volvo V60 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 V60 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 $71,250, that represents about 25% 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 V60?
The most efficient 2024 Volvo V60 trim costs an estimated $2,150 per year in fuel, or about $179 per month, based on EPA ratings and national average fuel prices. That is about $126 more than the average for similar wagons.
What vehicles compete with the 2024 Volvo V60?
Based on price range, body type, and segment positioning, the closest competitors to the 2024 Volvo V60 include 2024 Audi A6 allroad, 2024 Audi A4 allroad, and 2024 Audi RS 6. Each of those pages includes the same safety, fuel cost, reliability, and recall data so you can compare directly. Browse all 2024 Wagons.
How much does a 2024 Volvo V60 cost per month to own?
Excluding your car payment, estimated monthly costs for the 2024 Volvo V60 include about $790 for insurance, maintenance, depreciation, and fees, plus roughly $179 for fuel. That puts non-payment running costs around $969 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 V60 a plug-in hybrid?
The 2024 Volvo V60 is a plug-in hybrid (PHEV), which means it can drive on electric power alone for short distances and then switches to a gas-electric hybrid mode. EPA rates it at 27 MPG. Plug-in hybrids offer the best fuel savings when charged regularly.
Is the 2024 Volvo V60 safe for families?
The 2024 Volvo V60 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.
Has the 2024 Volvo V60 been recalled?
Yes, the 2024 Volvo V60 has 3 recall campaigns on file with NHTSA. This is above the average for wagons. If you own this vehicle, check with your dealer or NHTSA.gov to confirm whether all applicable recalls have been completed. See our Zero-recall cars 2024 list.
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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.