2024 Volvo XC60
Now in its 2024 model year, the Volvo XC60 is a SUV priced from $46,450 to $75,250 across 9 trims. This page compiles safety, fuel cost, reliability, and ownership data from six independent sources, all linked to the original publisher.
5-star safety. C fuel cost. 3.0/5 reliability. That is the snapshot for the 2024 Volvo XC60 among mid-range SUVs. NHTSA has 3 recall campaigns on file, more than the 1.8 average for SUVs.
What the published data indicates
Compared with similar SUVs in our dataset, the clearest positive signals for the 2024 Volvo XC60 are high published crash-test results and lower estimated maintenance costs. The main caution is that the recall history is not a standout.
- safety
- maintenance cost
Strongest published signals
- Safety: 5-star NHTSA. Safest SUVs 2024 →
- AAA estimates $1,491/yr in maintenance for the Compact SUV (Hybrid) class, below the $1,786 average for conventional vehicles.
Limits and cautions
- There are 3 recalls on file, above the current SUVs 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
- $46,450 - $75,250
- EPA Combined MPG
- 25 MPG
- EPA Combined MPG
- 28 MPG (Plug-In Hybrid)
- NHTSA Safety Rating
- 5-Star (Highest)
- Est. Annual Fuel Cost
- $2,050 - $2,300/yr
- Recalls on File
- 3 recalls on file
- EPA: vs Avg Vehicle
- Save $250 over 5 yrs
- Owner Complaints
- 14 on file
- Brand Origin
- Sweden
How Safe Is the 2024 Volvo XC60?
In NHTSA crash testing, the 2024 Volvo XC60 received 5 out of 5 stars overall. 82% of tested SUVs share this top rating. Tests cover frontal impact, side impact, and rollover resistance. Source: NHTSA.
Overall Safety
82% of SUVs share this top rating
| Category | Rating |
|---|---|
| Frontal Crash | |
| Side Crash | |
| Rollover |
Rollover Risk: 14.7%
| Feature | Availability |
|---|---|
| Forward Collision Warning | Standard |
| Lane Departure Warning | Standard |
| Crash Imminent Braking | Standard |
| Dynamic Brake Support | Standard |
While NHTSA uses a star rating system, IIHS rates individual crash types. The two together offer a fuller view of how this vehicle performs in different crash scenarios.
How Did the 2024 Volvo XC60 Perform in IIHS Crash Tests?
IIHS has tested the 2024 Volvo XC60 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 |
| Moderate Overlap Front | G Good |
| Side | A Acceptable |
| Headlights | A Acceptable |
| Front Crash Prevention (Pedestrian) | A Acceptable |
| Child Seat Anchors (LATCH) | A Acceptable |
IIHS vehicle class: Midsize luxury SUVs
Test scores tell part of the safety story. The recall record adds another dimension: real-world defects identified after production.
Does the 2024 Volvo XC60 Have Any Recalls?
With 3 recall campaigns on file, the 2024 Volvo XC60 exceeds the 1.8 average for SUVs. Affected components include 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.
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: 849,240
Owner-Reported Problems
NHTSA has 14 owner complaints on file for the 2024 Volvo XC60. This is below the average of 54 complaints for 2024 SUVs. Owner complaints are self-reported and unverified, but patterns across many reports can indicate real issues.
4 in the last 90 days · 9 in the last 12 months · most recent filed 2026-02-22
Safety-relevant complaints: At least one complaint includes crash reported. Review individual reports on NHTSA.gov for details.
Most-reported problem areas
- Electrical5
- ADAS / Safety Tech3
- Tires2
- Brakes2
- Engine2
Source: NHTSA Vehicle Complaints Database. Data last refreshed 2026-03-07.
From safety to cost. How much fuel this vehicle uses directly affects what you pay month to month.
What Is the 2024 Volvo XC60 Fuel Economy?
The 2024 Volvo XC60 achieves up to 28 combined MPG according to EPA testing, with an estimated annual fuel cost of $2,050. That is $342 more per year than the $1,708 average for mid-range SUVs. EPA estimates are based on standardized laboratory tests. Source: EPA (fueleconomy.gov).
Ranges from 25 to 28 combined MPG/MPGe depending on trim and drivetrain.
| Trim | Combined | City | Highway | Annual Fuel Cost |
|---|---|---|---|---|
| B5 Core | 25 MPG | 22 | 28 | $2,300/yr |
| B5 Plus | 25 MPG | 22 | 28 | $2,300/yr |
| B5 Ultimate | 25 MPG | 22 | 28 | $2,300/yr |
| B5 Ultimate Black Edition | 25 MPG | 22 | 28 | $2,300/yr |
| Recharge T8 Core | 28 MPG | 28 | 28 | $2,050/yr |
| Recharge T8 Plus | 28 MPG | 28 | 28 | $2,050/yr |
| Recharge T8 Ultimate | 28 MPG | 28 | 28 | $2,050/yr |
| Recharge T8 Ultimate Black Edition | 28 MPG | 28 | 28 | $2,050/yr |
| T8 Polestar Engineered | 28 MPG | 28 | 28 | $2,050/yr |
Beyond fuel, the full ownership picture includes insurance, routine maintenance, depreciation, and financing. AAA publishes annual estimates for each vehicle class.
What Does the 2024 Volvo XC60 Cost to Own?
Estimated 5-year total ownership cost for the 2024 Volvo XC60 ranges from $93,585 to $137,200 depending on trim, based on AAA's Your Driving Costs study for the Compact SUV (Hybrid) class. This includes insurance, maintenance, depreciation, registration, and financing. These are class averages, not specific to this model. Source: AAA.
| Maintenance | $1,491/yr |
|---|---|
| Insurance | $1,771/yr |
| Depreciation | $3,865/yr |
| Registration & Taxes | $779/yr |
| Financing | $1,086/yr |
| Total (excluding fuel) | $10,340/yr |
Which trim offers the best balance of cost and equipment? The breakdown below compares all 9 options side by side.
How Do the 2024 Volvo XC60 Trims Compare?
9 trims are available for the 2024 Volvo XC60, spanning $46,450 to $75,250. Trims are available with Hybrid and Plug-In Hybrid powertrains, which affects fuel economy and pricing. Compare specifications and estimated costs in the table below. Prices are MSRP before destination and fees.
| Trim | Base MSRP | Combined MPG | Est. Annual Fuel Cost | Horsepower | Curb Weight | Est. 5-Year Cost |
|---|---|---|---|---|---|---|
| B5 Core | $46,450 | 25 MPG | $2,300/yr | 247 hp | 4,154 lbs | $93,585 |
| B5 Plus | $50,950 | 25 MPG | $2,300/yr | 247 hp | 4,154 lbs | $98,085 |
| B5 Ultimate | $56,400 | 25 MPG | $2,300/yr | 247 hp | 4,154 lbs | $103,535 |
| B5 Ultimate Black Edition | $57,500 | 25 MPG | $2,300/yr | 247 hp | 4,154 lbs | $104,635 |
| Recharge T8 Core | $57,900 | 28 MPG | $2,050/yr | 455 hp | 4,660 lbs | $119,850 |
| Recharge T8 Plus | $62,400 | 28 MPG | $2,050/yr | 455 hp | 4,660 lbs | $124,350 |
| Recharge T8 Ultimate | $67,850 | 28 MPG | $2,050/yr | 455 hp | 4,660 lbs | $129,800 |
| Recharge T8 Ultimate Black Edition | $68,950 | 28 MPG | $2,050/yr | 455 hp | 4,660 lbs | $130,900 |
| T8 Polestar Engineered | $75,250 | 28 MPG | $2,050/yr | 455 hp | $137,200 |
View full trim timeline (2024–2026)
| Trim | 2024 | 2025 | 2026 |
|---|---|---|---|
| B5 Core | $46,450 25 MPG | $47,050 26 MPG | $49,700 26 MPG |
| B5 Plus | $50,950 25 MPG | $51,700 26 MPG | $54,300 26 MPG |
| T8 Polestar Engineered | $75,250 28 MPG | $75,250 28 MPG | $79,800 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
After narrowing down a trim, it helps to check the broader reliability picture. The section below summarizes the third-party reliability rating we have on file.
How Reliable Is the 2024 Volvo XC60?
RepairPal rates the 2024 Volvo XC60 at 3.0 out of 5.0 for reliability, which is about average for mid-range SUVs. RepairPal ratings reflect repair frequency and cost data from a network of certified repair shops. Source: RepairPal.
Warranty coverage sets the floor for what the manufacturer will repair at no cost. Here are Volvo's published terms.
What Warranty Does the 2024 Volvo XC60 Come With?
Volvo provides the following warranty coverage for the 2024 XC60. 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 XC60 Specs?
Detailed specifications for the 2024 Volvo XC60 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 | All-Wheel Drive |
| Fuel Type | premium unleaded (recommended) |
| Fuel Tank | 18.8 gal |
| Length | 185.4 in |
|---|---|
| Width | 74.9 in |
| Height | 65.2 in |
| Wheelbase | 112.8 in |
| Curb Weight | 4,154 - 4,660 lbs |
This page reflects published data from EPA, NHTSA, IIHS, AAA, manufacturers, and selected third-party references for the 2024 Volvo XC60. 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 XC60 FAQ
How does the 2024 Volvo XC60 compare to other suvs?
Based on published data, the 2024 Volvo XC60 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 suvs in its price range. No single metric tells the whole story, so we recommend reviewing each section on this page. See our Safest SUVs 2024 list.
Which 2024 Volvo XC60 trim has the lowest ownership cost?
Among 9 available trims, the B5 Core has the lowest estimated five-year ownership cost at $93,585, starting at $46,450 MSRP. The most expensive trim to own is about $137,200. See the full trim comparison table above for a side-by-side breakdown.
How much does 2024 Volvo XC60 insurance cost?
AAA estimates the annual insurance cost for the Compact SUV (Hybrid) class at $1,771 per year, or about $148 per month. This is a class-level average, not specific to the 2024 Volvo XC60. Your actual premium will depend on your driving history, location, and coverage choices. Source: AAA Your Driving Costs study.
How much does 2024 Volvo XC60 maintenance cost per year?
AAA estimates average annual maintenance for the Compact SUV (Hybrid) class at $1,491 per year. This covers routine services, wear items, and unscheduled repairs. Combined with insurance ($1,771/yr) and depreciation ($3,865/yr), total non-fuel ownership costs run about $10,340 per year. These are class averages from the AAA Your Driving Costs study.
How fast does a 2024 Volvo XC60 depreciate?
AAA estimates the Compact SUV (Hybrid) class depreciates about $3,865 per year, or roughly $19,325 over five years. On a base MSRP of $46,450, 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 XC60?
The most efficient 2024 Volvo XC60 trim costs an estimated $2,050 per year in fuel, or about $171 per month, based on EPA ratings and national average fuel prices. That is about $342 more than the average for similar suvs. See our Cheapest SUVs to fuel 2024 list.
What vehicles compete with the 2024 Volvo XC60?
Based on price range, body type, and segment positioning, the closest competitors to the 2024 Volvo XC60 include 2024 BMW X3, 2024 Honda Prologue, and 2024 Audi Q5. Each of those pages includes the same safety, fuel cost, reliability, and recall data so you can compare directly. Browse all 2024 SUVs.
How much does a 2024 Volvo XC60 cost per month to own?
Excluding your car payment, estimated monthly costs for the 2024 Volvo XC60 include about $862 for insurance, maintenance, depreciation, and fees, plus roughly $171 for fuel. That puts non-payment running costs around $1,033 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 XC60 available as a hybrid?
Yes, the 2024 Volvo XC60 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 XC60 safe for families?
The 2024 Volvo XC60 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 SUVs 2024 list.
Compare to Similar Vehicles
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.