Volvo
XC60
2021
Go
2021 volvo xc60
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FROM
$38,193
MPG
22 city / 29 hwy

Expert Rating

Not Available

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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 XC60
Lease
$451 / month
Finance
$535 / 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 0.00051 for 36 month lease
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Incentives that help lower the selling price of a vehicle.
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Buying Tips

What you must know before buying the Volvo XC60

John Diether
Automotive Editor - November 9, 2020
  • 2021 XC60 now stocked to meet demand
  • Factory cash up to $4,250 + $1,000 loyalty bonus
  • Lease a 2021 from $415 for 36 months
  • 0% APR for up to 60 months + up to $3,250 bonus

2021s take over:

The carryover 2021 XC60 is now in good supply at dealers nationwide. In fact, the XC60 is the most-stocked crossover in the Volvo lineup.

The T8 eAWD plug-in hybrid receives a price cut and a new name, T8 Recharge. Volvo says the regular XC60 will adopt mild hybrid technology at some point. Factory incentives are already robust.

The T8 Recharge qualifies for a federal tax credit up to $5,419. However, it's not eligible for the California Clean Vehicle Rebate due to new minimum range requirements.

Current factory offers vary by region and will remain in effect through November 30, 2020 unless otherwise noted. Examples shown here are for California and other western states. There's a chance Volvo will enhance incentives for Black Friday weekend.

Up to $5,250 off:

Volvo is offering a $2,000 rebate on the 2021 XC60 T5 and T6 trims. The amount increases to $3,000 on the T8.

In addition, Costco members will receive a $1,250 bonus on any trim, and current Volvo customers are eligible for a $1,000 loyalty bonus (also good on leases).

Add it all up, and your potential savings on a new XC60 comes out to $5,250.

What's up with leases:

The 2021 XC60 T5 Momentum now starts at $415 for 36 months (10,000 miles a year) with $4,165 due at signing. The effective monthly cost is $531, which falls just short of a good value in our analysis.

At the top of the 2021 XC60 lineup, the Recharge Inscription Expression starts $499 a month with $4,249 at signing. We consider this a very good value for a vehicle priced just shy of $55,000.

0% APR + cash:

In place of the full rebate on a 2021 XC60, you can get 0% financing for 60 months. The deal comes with $2,000 bonus cash on the T8, and $1,000 on the other trims.

You remain eligible for both the $1,000 loyalty bonus and the $1,250 Costco bonus.

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Advertised Lease Deals

T5 Momentum
$415Monthly Payment
Term Length (months): 36
Due at signing: $4,165
Mileage: 10k
MSRP: $43,445
Deal Valid in: Los Angeles, CA
Expiration: 11/30/20
T8 Recharge Inscription Expression
$499Monthly Payment
Term Length (months): 36
Due at signing: $4,249
Mileage: 10k
MSRP: $54,495
Deal Valid in: Los Angeles, CA
Expiration: 11/30/20

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 11/24/20 in 20149
MSRP
$42,695
Sales Price
$40,193
Cash Rebates
$2,000
Target Price
$38,193
Lease Estimate
$451/mo
Finance Estimate
$535/mo

Cash Incentives

Incentive available to most customers and purchasing situations.
RebateAmount
Bonus Cash Purchase Bonus Cash (Expires 11/30/20) 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 11/30/20) 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.
Loyalty Bonus Cash SR Loyalty Bonus - Purchase (Expires 11/30/20) 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
Finance Bonus Cash 0% APR Bonus Cash (Expires 11/30/20) Finance Bonus Cash available for qualified customers based on available credit when financing through manufacturer's captive finance company. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% This bonus is applicable to eligible vehicles reported as sales type purchase and contracted through VCFS using the 0% APR offer. $750

Leasing Incentives

RebateAmount
Lease Bonus Cash VCFS Lease Bonus Cash (Expires 11/30/20) 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. $2,250
Lease Loyalty Bonus Cash SR Loyalty Bonus - Lease (Expires 11/30/20) 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 XC60 T5 Momentum 4dr Front-wheel Drive - MSRP $42,695

2021 Volvo XC60 Overview

Anthony Sophinos
Automotive Editor

What's New

Forget the old 240 wagon, the most popular Volvo these days is the XC60, a midsize crossover that goes toe-to-toe with the mainstream luxury brands. To keep up with that heady competition, Volvo has introduced a few lineup-wide enhancements that are included on the 2021 Volvo XC60.

The new standard equipment includes blind-spot monitoring, rear cross-traffic alert, power-folding and auto-dimming side mirrors, adaptive LED headlights, automatic high beams, and two rear USB ports. Specific updates to the XC60 are limited to keyless entry, illuminated door handles, and a hands-free power liftgate.

Choosing Your Volvo XC60

The XC60 comes in four trim levels: Momentum, R-Design, Inscription, and Polestar Engineered. Pricing ranges from $42,695 including destination for a base Momentum to $71,140 for the Polestar Engineered.

Engine Choices

The lower three trims come standard with a 2.0-liter turbocharged four-cylinder engine, known as the T5. Moving into the T6 adds a supercharger to the equation for a twin-charge design, the upgrade costing $5,800 on all three trims.

The plug-in hybrid, formerly known as the T8, has been rechristened Recharge. It remains a plug-in hybrid ode to the future, though it's outdone by the Polestar Engineered and its 15 additional horsepower.

Engine TypeHorsepowerTorqueFuel Economy (Combined)
T5 2.0L Turbo 4-Cylinder250 hp258 lb-ft25 mpg
T6 2.0L Turbo and Supercharged 4-Cylinder316 hp295 lb-ft23 mpg
T8 2.0L Turbo and Supercharged 4-Cylinder Plug-in Hybrid400 hp472 lb-ft27 mpg
T8 Polestar Engineered415 hp472 lb-ft27 mpg

All models come with an eight-speed automatic transmission. Front-wheel drive is standard on the T5, with all-wheel drive a $2,300 option. All other powertrains come exclusively with all-wheel drive.

It's worth reiterating that both the Polestar Engineered and Recharge powertrains are squeezing 400 horsepower out of a plug-in hybrid four-cylinder that's also capable of driving 20 miles on pure electric power. Take a moment and process that.

It represents a current high-water mark for mainstream four-cylinders, and illustrates how far hybrids have come since the first Prius popularized the technology. In the XC60 lineup, this is the powerplant to buy if you've got the dough for it.

Passenger and Cargo Capacity

The XC60 is a two-row midsize crossover, so seating caps out at five. Those sitting in the back will find themselves with 38 inches of leg room, which is more than the BMW X5 but less than the Mercedes-Benz GLE-Class, Lincoln Nautilus, and Cadillac XT5.

Behind the rear seats is 22.4 cubic feet of cargo space, which is well shy of its competition. Of the aforementioned group, all four models provide at least 10 additional cubic feet in their cargo areas. Fold down the XC60's seats, and 63 cubic feet becomes available, which is more in line with segment standards.

Safety Features

Volvo has tied itself to the hip with safety, and it's no small point of pride for brand loyalists that the Swedish company is routinely named the safest among all automakers. To that end, the XC60 gets much more standard safety kit than many of its competitors.

The list includes automatic emergency braking, lane keeping assist, blind-spot monitoring, rear cross-traffic alert, and rear parking sensors. The R-Design and above get front parking sensors as well.

About all that isn't standard is adaptive cruise control and a surround-view camera, both of which are optional with the Advance Package. However, the Polestar Engineered does get these two high-end safety features standard.

The IIHS called the Volvo a Top Safety Pick for its crash test performance, while the NHTSA gave the crossover a five-star overall safety rating.

Connectivity

All XC60s come with a 9.0-inch rectangular, vertically-oriented touchscreen mounted in the center of the dash. It comes standard with Apple CarPlay and Android Auto, and also includes Bluetooth, satellite radio, HD radio, and a variety of integrated apps. A 12.3-inch digital gauge cluster is also standard.

The R-Design and above further get navigation, a Harman Kardon audio system, and a subwoofer. The navigation system is optional on the base Momentum through the Premium Package ($1,700).

The Polestar Engineered adds a head-up display, Bowers and Wilkins audio system, and wireless charging as standard. The head-up display and wireless charging pad are available elsewhere through the aforementioned Advanced Package.

Momentum - From $42,695

The base Momentum opens up the XC60 range. Standard amenities include a panoramic sunroof, power liftgate, adaptive LED headlights, dual-zone climate control, leather upholstery, power front seats with memory for the driver's seat, and genuine wood trim.

Aside from the Advance Package ($2,100), which comes with a head-up display, adaptive cruise control, wireless charging, and more, buyers might want to consider the Premium Package. For $1,700, it adds navigation, front parking sensors, a rearview mirror compass, and a Homelink garage door transmitter.

R-Design - From $48,845

Moving into the performance-oriented R-Design gets buyers the contents of the Momentum's Premium Package as well as heated front seats, Nappa leather upholstery, four-zone climate control, and a Harmon Kardon audio system. The sporty stuff includes black exterior trim, distinctive tailpipes, and a sport-tuned chassis.

Individual options include a $3,200 Bowers and Wilkins audio system, $500 integrated booster seat rear cushions, and an $1,800 four-corner air suspension.

Inscription - From $50,195

The Inscription is the top dog outside the Polestar Engineered. It's equipped similarly to the R-Design but adds a few extra standard features like ventilated front seats, wood trim, 19-inch wheels, and comfort seat padding with power side supports up front.

Polestar Engineered - From $71,140

The utmost XC60 is the Polestar Engineered. Its main attraction is its high-output, 415-horsepower variant of the Recharge plug-in hybrid powertrain that gets paired with a uniquely tuned chassis and an air suspension. Standard here is the Bowers and Wilkins audio system, adaptive cruise control, heated rear seats, and wireless charging.

Compare XC60 Trims Side-By-Side

CarsDirect Tip

The pricey 2021 Volvo XC60 Recharge and Polestar Engineered models may look enticing, but they aren't the value plays. That would be the R-Design, which provides plenty of standard equipment and a purposeful style at a fair shake. As for which engine? Again, the middle choice best: the T6 would do it for us.

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