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3/4 Front Glamour 2022 Volvo XC60
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Volvo XC60

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Learn More About The Volvo XC60

What you must know before purchasing your XC60. Use this pricing analysis to negotiate the best price with the dealer.


  • 2022 XC60 selection looks good
  • Lease: From $569/mo
  • Rebates: Up to $500 off
  • Finance: From 2.49% APR

2022 XC60 selection looks good

The carryover 2022 XC60 remains available in healthy numbers at dealers nationwide. In fact, The XC60 is the most-stocked crossover in the Volvo lineup.

The Recharge plug-in hybrid qualifies for a federal tax credit up to $5,419, plus a $567 Clean Fuel Reward for California residents. Volvo says the regular XC60 will adopt mild-hybrid technology at some point.

Current factory offers vary by region and will remain in effect through May 31, 2022, unless otherwise noted. Examples shown here are for California and other western states. We update this page every month, so stay tuned for the latest on pricing and promotions.

Volvo XC60 Lease Deals

Lease From $569/month

The 2022 XC60 B5 Momentum now starts at $569 for 36 months (10,000 miles a year) with $4,319 due at signing. The effective monthly cost is $689, which falls well short of a good value in our analysis.

The 2022 XC60 Recharge Inscription Expression PHEV starts at $679 a month with $4,429 at signing. The effective monthly cost works out to $802, which is just slightly better in terms of value.

Lease terms will undoubtedly improve as the model year progresses.

Volvo XC60 Rebate Deals

Up to $500 off

Current Volvo customers are eligible for a $500 loyalty bonus on all 2022 XC60 model purchases. This bonus is also available on leases.

We expect Volvo to offer a rebate to all buyers later this year.

Volvo XC60 Finance Deals

Rates From 2.49% APR

Volvo continues to offer 2.49% financing for 60 months on the 2022 XC60.

You can combine this rate with the $500 loyalty bonus if you qualify.

Current Finance Deals

Interested in financing your new car? If so, make sure your dealer includes these incentives.

Financing Incentives

Finance Bonus Cash
VCFS Standard Rate Finance Bonus Cash
(Expires 5/31/22)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.

Current Lease Deals

Considering a lease? These are the best lease deals available for the Volvo XC60.

B5 Momentum
Term (mos)
Due at Signing
Recharge Inscription Expression PHEV
Term (mos)
Due at Signing
Get a custom lease quote now » Get a custom lease quote now »

Leasing Incentives

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 5/31/22)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.

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What's New

The 2022 Volvo XC60 luxury crossover is largely unchanged from the previous year, but it retains a fresh and futuristic feel despite being four years old at this point. That said, Volvo has quietly updated the available gasoline engines with new tunes. Horsepower and torque figures have changed slightly from the previous year, and Volvo has changed their names from T5 and T6 to B5 and B6.

Choosing Your Volvo XC60

The 2022 Volvo XC60 is offered in four trim levels across the lineup, including the Momentum, Inscription, R-Design, and the Polestar Engineered. Of these, only the Momentum, Inscription and R-Design are available on the gas-powered models, while the Inscription Expression sub-trim and Polestar Engineered can only be equipped on the Recharge hybrid models.

The XC60 starts at $43,745 (including $1,095 in destination fees) for the Momentum and ranges up to $70,595 for the Polestar Engineered Recharge hybrid.

Engine Choices

There are three engines available for the XC60, with four different power levels. The B5 four-cylinder with a turbo is available across the gasoline line up in front-wheel drive and all-wheel drive, while the B6 four-cylinder with a turbo and a supercharger is only available with AWD on the Inscription and R-Design models. Upgrading to the B6 adds an extra $6,300 to the price of the XC60, while upgrading to just AWD costs $2,300.

XC60 Recharge models are equipped with the T8 engine and AWD, which combines the B6 powertrain with a hybrid that adds an extra 84-horsepower. Polestar Engineered models receive a 15-horsepower bump in power over the standard T8 engine.

All models are equipped with an eight-speed transmission. Additionally, the hybrid Recharge is capable of up to 20 miles of pure-electric range.

Engine TypeHorsepowerTorqueFuel Economy (Combined)0-60 mph Time
B5 2.0L Turbo 4-Cylinder247 hp258 lb-ft25 mpg6.6 s
B6 2.0L Turbo and Supercharged 4-cylinder295 hp310 lb-ft23 mpg5.9 s
T8 2.0L Turbo and Supercharged 4-cylinder Plug-In Hybrid400 hp472 lb-ft27 mpg5.0 s
T8 2.0L Turbo and Supercharged 4-cylinder Plug-In Hybrid (Polestar)415 hp494 lb-ft27 mpg4.9 s

Passenger and Cargo Capacity

The XC60 has seating for five with two rows. Rear seat passengers have 38 inches of legroom, which is smaller than many competitors, but still enough for most adults. Those passengers also get to appreciate a beautifully designed space that feels like a cut above most other luxury mid-size SUVs.

Cargo space behind the rear seat is limited at only 22.4 cubic feet, but fold the seats down and the XC60’s cargo space swells to 64 cubic feet. That is enough room for approximately 64,000 Swedish meatballs from your favorite Swedish furniture store (assuming an average meatball diameter of 1.5 inches).

Safety Features

It used to be said that people bought Volvos to carry their airbags around in, but they now do so much more than that. The XC60 received a five-star overall rating from NHTSA, while the IIHS gave it their coveted Top Safety Pick+ rating.

Additionally, the XC60 comes standard with automatic emergency braking, blind-spot monitoring, steering assist, and adaptive cruise control. Optionally, it can be equipped with front parking sensors, a surround-view camera, and a driver assistance suite called Pilot Assist that can more or less drive itself on some highways.


The XC60 has a well-designed nine-inch touchscreen infotainment system that features Apple CarPlay and Android Auto connectivity, USB ports, and a 12.3-inch digital instrument cluster. The XC60 also has Google Maps and Google Assistant integrated into the infotainment system, allowing for the same hands-free voice control you can get from a Google Home device. This also allows you to integrate your XC60 with other smart home devices to help you manage your life both at home and away.

The XC60 offers two optional upgrades to the sound system: an $800 14-speaker Harmon Kardon system and a $3,200 15-speaker Bowers and Wilkins premium sound system. The Bowers and Wilkins system is one of the most innovative on the market, with cool features like room modes, such as “Jazz Club” which will recreate the acoustics of Sweden’s Nefertiti Jazz Club or “Concert Hall” which will simulate what you would hear if you were listening in the Gothenburg Concert Hall.

2022 Volvo XC60 Momentum - MSRP From $43,745

The base-level Momentum trim comes standard with cloth upholstery, aluminum trim, a 12.3-inch digital instrument cluster, Comfort power seats with remote controls, and two-zone automatic climate control with a humidity sensor.

Packages include the $750 Climate Package with heated front seats, a heated steering wheel, and headlight cleaning jets, as well as the $2,500 Advanced package that includes ambient lighting, a garage door opener, a head-up display, power child locks, a 360-degree camera, an advanced air filter, and the Volvo Pilot Assist driver assistance system. Options include integrated child booster seats that fold into the rear seat cushions ($500) and the Harmon Kardon sound system.

2022 Volvo XC60 R-Design - MSRP From $49,895

The R-Design is the sportier of the trims for the standard XC60 models, and comes standard with gloss black exterior trim, a panoramic moonroof, 4-zone automatic climate control, Nappa Leather, Leatherette and cloth upholstery, Heated Seats and the Harmon Kardon sound system. XC60 Recharge models are set up slightly differently in the R-Design trim, with a leather gear shift and sporty aluminum pedals.

Packages are the same as before, but with reduced content and prices as many items have been integrated into the R-Design trim level. New options include air suspension for $1,800 and the Bowers and Wilkins audio system. Recharge models also offer the $1,295 Polestar Performance software upgrade that gives you the full power from the Polestar Engineered trim level.

2022 Volvo XC60 Inscription - MSRP From $51,245

The Inscription trim is simultaneously the top-of-the-line trim for the B5 and B6-powered XC60 models but is also the base trim level for the XC60 Recharge models.

In the B5 and B6 models, the Inscription includes Nappa leather upholstery, heated and ventilated seats and a crystal gear selector knob made by Orrefors, a Swedish artisanal glass company. Alternatively, you can get a surprisingly nice wool blend for no additional cost if you would rather not have leather (although this still isn’t vegan friendly). Packages and options remain the same as the R-design.

In the XC60 Recharge, there are two levels of Inscription: Inscription Expression and Inscription. Inscription Expression is basically the same as the Momentum trim, while the Inscription level mirrors the Inscription trim in the gasoline-powered models.

2022 Volvo XC60 Polestar Engineered - MSRP From $70,595

The Polestar Engineered trim is the performance version of the XC60, with a full 415 horsepower out of the tiny 2.0-liter four-cylinder hybrid. It also receives chassis upgrades, forged wheels, and upgraded cross-drilled Akebono brakes. Nappa leather is standard, as is the contents of the Climate and Advanced packages, and it comes standard with the Bowers and Wilkins audio system.

Options are mostly limited to dealer-installed accessories, but interestingly you can get a Booster Cushion at no additional cost at this trim level.

Compare XC60 Trims Side-By-Side

CarsDirect Tip

The T8 turbo-supercharged four-cylinder plug-in hybrid powertrain of the Recharge is a miracle of efficiency. The fact that they’ve managed to squeeze 400 horsepower out of such a small package makes it extremely compelling to us from a standpoint of both fun and ecological stewardship. We also think the interior of the Inscription trim for the gas-powered models is one of the best in the business and is worth paying for if you have room in your budget.

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