2023 Volvo S60 - Exclusive Ashburn New Car Discounts

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Learn More About The Volvo S60
What you must know before purchasing your S60. Use this pricing analysis to negotiate the best price with the dealer.
Highlights:
- 2023 S60 stocked to meet demand
- Lease: From $529/mo
- Rebates: Up to $1,750 off
- Finance: From 4.99% APR

2023 Volvo S60 stocked to meet demand
The carryover 2023 S60 remains in adequate supply at dealers nationwide. 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. Even so, selection may be limited in some areas due to industrywide supply shortages.
The plug-in hybrid Recharge model qualifies for a federal tax credit of up to $5,419, subject to income limitations.
Current factory offers vary by region and will remain in effect through February 28, 2023. These examples are based in Southern California. This page is updated monthly, so stay tuned for the latest on incentives.
Volvo S60 Lease Deals
Lease From $529/month
The 2023 S60 in base B5 trim now starts at $529 for 36 months (10,000 miles a year) with $3,849 due at signing. The effective monthly cost is $635, which is better than last month but still falls short of a good value for this price class. We expect to see a gradual improvement in the months ahead.
Note that current Volvo customers will receive a $500 loyalty bonus toward their lease, which makes for a better value.
Volvo S60 Rebate Deals
Up to $1,750 off
Volvo is offering a $750 Presidents' Day bonus on the 2023 S60 to buyers who finance through Volvo. This bonus is also available on leases.
In addition, current Volvo customers are eligible for a $1,000 loyalty bonus for a total of $1,750 off.
Volvo S60 Financing Deals
Rates From 4.99% APR
Volvo now offers 4.99% financing for 36 months on the 2023 S60. If you want longer to pay, Volvo also offers 5.49% for 48 months and 5.99% for 72 months.
You can combine these special rates with the $1,000 loyalty bonus and $750 Presidents' Day bonus.
Current Finance Deals
Interested in financing your new car? If so, make sure your dealer includes these incentives.
Financing Incentives
Rebate | Amount |
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. |
Current Lease Deals
Considering a lease? These are the best lease deals available for the Volvo S60.
Leasing Incentives
Rebate | Amount |
Promotional Lease Offer Promotional lease offer available for qualified buyers on approved credit. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States. O.A.C. | |
Lease Loyalty Bonus Cash SR Loyalty Bonus - Lease (Expires 2/28/23)Lease loyalty bonus cash available for current lessees of the same make. Please check with your CarsDirect Trusted Dealer for complete details.%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 |
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What's New
The 2023 Volvo S60 sedan receives a new grille and an updated rear bumper. The infotainment system adopts built-in Google apps, including navigation. Revised trim levels allow greater flexibility in equipping the S60 to suit.
Choosing Your Volvo S60
The gas S60 comes in three trim levels: Core, Plus, and Ultimate. Pricing starts at $42,395 including destination and heads to $47,845 for the Ultimate.
The plug-in hybrid S60 Recharge is offered in the same trims, priced from $52,345 to $57,795, plus a high-performance Polestar Engineered trim for $69,145.
Engine Choices
The S60 starts out with front-wheel drive and a turbocharged four-cylinder engine with mild hybrid assist. All-wheel drive can be added for $2,300.
The Recharge carries a turbo four-cylinder and an electric motor, along with standard AWD. Plug-in technology allows the Recharge to travel up to 41 miles on electricity alone.
Every S60 comes with an eight-speed automatic transmission.
Engine Type | Horsepower | Torque | Fuel Economy (Combined) |
2.0L Turbo 4-cyl | 247 hp | 258 lb-ft | 30/28 mpg (FWD/AWD) |
2.0L Turbo 4-cyl Plug-in Hybrid | 455 hp | 523 lb-ft | 74 MPGe |
Passenger and Cargo Capacity
The S60 is a compact luxury sedan with room for five. The trunk holds 11.6 cubic feet, which is less than most rivals. The standard split-folding rear seat helps with versatility.
Safety Features
The S60 Core comes equipped with automatic emergency braking, lane-keeping assist, blind-spot monitoring with rear cross-traffic alert, automatic high beams assist, rear parking sensors, road sign recognition, and automatic wipers.
The subsequent trims also come with side and front parking sensors, adaptive cruise control steering assist, and surround-view cameras. A head-up display is exclusive to the Ultimate and Polestar.
Connectivity
The S60's standard infotainment system includes a 9-inch touchscreen, 10 speakers, four USB ports, HD and satellite radio, Google apps (including navigation), and Apple CarPlay and Android Auto compatibility.
The Ultimate receives a 14-speaker Harman Kardon sound system, while the Polestar gets 15-speaker Bowers & Wilkins sound.
2023 Volvo S60 Core — MSRP From $42,395 (Recharge $52,345)
The Core offers a leatherette or premium cloth interior with 12-way power front seat with driver memory, a panoramic sunroof, aluminum trim, a universal home remote, and an auto-dimming rearview mirror. The Core rolls on 18-inch alloy wheels.
The Climate Package ($750) furnishes heated front seats, a heated steering wheel, and headlight washers. The S60 Black Edition ($2,345) receives gloss black exterior trim, 19-inch black wheels, and Onyx Black or Crystal White paint
2023 Volvo S60 Plus — MSRP From $45,095 (Recharge $55,045)
Along with its safety tech upgrades, the Plus features a genuine leather interior with wood trim, ambient lighting, a sculpted shift knob, and one-touch folding rear seats with power-folding headrests. The Climate Package and Black Edition treatment remain optional.
2023 Volvo S60 Ultimate — MSRP From $47,845 (Recharge $57,795)
The Ultimate adds luxury touches like four-zone automatic climate control with air purification, a power driver seat extension, passenger seat memory, and the head-up display and Harman Kardon system. The outside gets 19-inch wheels and bright exterior trim. The Climate Package is still optional, as is the Black Edition trim, now priced at $1,945.
2023 Volvo S60 Recharge Polestar Engineered — MSRP From $69,145
The Polestar features special chassis and suspension tuning for maximum high-speed grip. Other upgrades include Brembo brakes, 19-inch forged wheels, and a portable vehicle charger. The interior boasts Nappa leather seats, mesh aluminum trim, and an Orrefors crystal shift knob. The Climate Package is standard.
Compare S60 Trims Side-By-Side
The 2023 Volvo S60 in Plus trim feels like a complete luxury car, and we think it's a better value than the base Core. The Recharge may seem expensive compared to the gas model, but it delivers altogether superior performance, not just a boost in efficiency.
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