Volvo
S60
2021
Go
2021 volvo s60
See Photos
FROM
$36,745
MPG
23 city / 34 hwy

Expert Rating

Not Available

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Est Monthly Loan

The monthly payment is based on the price of this vehicle assuming it is financed. If you choose to lease, you can also use the payment calculator to determine your lease terms. Default values for financing include: Term of months, APR of , and Sales Tax of . Default values for leasing include: Term of months, Money Factor of , Residual Value of , and Sales Tax of .

2021 Volvo S60
Lease
$437 / month
Finance
$529 / month
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.0004 for 36 month lease
Incentives
Incentives that help lower the selling price of a vehicle.
Down Payment
Trade-In Value
Money Factor
Represents the interest charged on a lease. May require top-tier credit to qualify for the best rates.
Interest Rate
Sales Tax
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Buying Tips

What you must know before buying the Volvo S60

John Diether
Automotive Editor - September 6, 2020
  • 2021 Volvo S60 arriving; 2020s still in good supply
  • $3,000 rebate on 2020s; $2,000 on 2021s
  • Lease a 2020 from $295 for 36 months
  • 0% APR for up to 60 months + up to $1,500 bonus

In with the 2021s:

The carryover 2021 S60 has started arriving at dealers nationwide. The plug-in hybrid version is now called the T8 Recharge and carries a lower MSRP.

The 2020 S60 remains on sale in good numbers. Volvo has been diligent about keeping up with brisk demand for the S60, although it still isn't as easy to find as the brand's crossovers.

Buyers of the 2020 T8 eAWD and 2021 T8 Recharge are eligible for federal tax credit up to $5,419. The plug-ins no longer qualify for the $1,000 California Clean Vehicle Rebate due to stricter electric range requirements.

Current factory offers vary by region and will remain in effect through September 8, 2020. Examples shown here are for California and other western states.

Up to $5,000 off:

Every 2020 S60 now comes with a $3,000 rebate for all buyers. The amount on the 2021 S60 is $2,000, a generous offer for this early stage. Both rebates reflect a $500 Labor Day bonus.

In addition, current Volvo customers will get a $2,000 loyalty bonus when purchasing a 2020 S60, or $1,000 towards a lease. The loyalty bonus on the 2021 S60 is $1,000/$500.

Great leases:

Like last month, the front-drive 2020 S60 T5 in base Momentum trim starts at $299 for 36 months (10,000 miles a year) with $3,599 due at signing. The effective monthly cost is $399, an excellent value for this price class and one of the best leases on any luxury car this month.

The line-topping 2020 T8 R-Design AWD starts at $499 a month with $3,799 at signing. The effective monthly cost is $605, which is also excellent considering this model's higher MSRP.

The 2021 T5 Momentum goes for $339 a month with $3,639 at signing. The effective monthly cost works out to $440, a good value in our analysis.

Even so, value is better on the 2021 T8 Recharge R-Design, which starts at $475 a month with $3,775 down. That's an excellent value relative to MSRP.

0% APR + cash:

Instead of the standard rebate on 2020 S60, Volvo offers 0% financing for 60 months, plus $1,500 bonus cash. You can combine it with the loyalty bonus if you qualify.

The best APR deal available on the 2021 S6 is 0% for 36 months, plus $500 bonus cash.

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Advertised Lease Deals

T5 Momentum
$339Monthly Payment
Term Length (months): 36
Due at signing: $3,639
Mileage: 10k
MSRP: $38,745
Deal Valid in: Los Angeles
Expiration: 9/8/20
T8 Recharge R-Design
$475Monthly Payment
Term Length (months): 36
Due at signing: $3,775
Mileage: 10k
MSRP: $54,395
Deal Valid in: Los Angeles
Expiration: 9/8/20

This ranks as an excellent deal based on our expert analysis of: vehicle price, length of lease term, amount due at signing, monthly payment, etc.

CarsDirect Target Price

Prices vary by style

CarsDirectPricing as of 9/27/20 in 20149
MSRP
$38,745
Sales Price
$38,745
Cash Rebates
$2,000
Target Price
$36,745
Lease Estimate
$437/mo
Finance Estimate
$529/mo

Cash Incentives

Incentive available to most customers and purchasing situations.
RebateAmount
Bonus Cash Purchase Bonus Cash (Expires 9/30/20) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Lease purchases are excluded from this incentive $2,000
Loyalty Bonus Cash SR Loyalty Bonus - Purchase (Expires 9/30/20) For current owners of the same make. May not be compatible with certain other incentive types such as Conquest programs. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Individuals or members of the same household who currently owns/leases any model year Volvo or Saab vehicle OR has owned/leased either within the last 6 months. $1,000

Financing Incentives

RebateAmount
Promotional APR Offer Promotional APR programs available for qualified buyers. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States. O.A.C. %Qualification% Retired service loaners and demonstrators are eligible for this program.
Term(s)24 - 3637 - 60
Rate %0%0%
Eligibility Residents residing in qualifying regions of the United States. O.A.C.

Leasing Incentives

RebateAmount
Lease Bonus Cash VCFS Lease Bonus Cash (Expires 9/30/20) Bonus cash available for qualified customers leasing a vehicle through the manufacturer's captive finance company on approved credit. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Must be leased through Volvo Car Financial Services. $3,500
Lease Loyalty Bonus Cash SR Loyalty Bonus - Lease (Expires 9/30/20) Lease loyalty bonus cash available for current lessees of the same make. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% For current VCFS lease end retention customers, the loyalty allowance in only available with a Lease Payoff. %Qualification% Individuals or members of the same household who currently owns/leases any model year Volvo or Saab vehicle OR has owned/leased either within the last 6 months. $500

Hurry! Offer expires

Leases For Similar Cars

Based on 2021 Volvo S60 T5 Momentum 4dr Front-wheel Drive Sedan - MSRP $38,745

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