2023 Volvo S60 — Carivo review carivo.co
Sedan

2023 Volvo S60

Independent review & score by Carivo

Price Range $41,079–$49,929
Fuel Economy 27 MPG
Seating 5 passengers
Category Sedan
Est. Annual Fuel $1,944/yr

Key Specifications — 2023 Volvo S60

Seating Capacity5 passengers
Body StyleSedan
Base Price$41,079–$49,929

Source: EPA FuelEconomy.gov & manufacturer data. Figures reflect base trim; actual specs vary by trim level.

About the 2023 Volvo S60

The 2023 Volvo S60 is a sedan that earns a Carivo score of 7.8/10 — rated Recommended. Its strongest dimension is Value at 8.9/10, while Technology at 7.2/10 is where it trails the competition most noticeably. It's a solid all-rounder that delivers across most dimensions without obvious deal-breakers.

Reliability and safety are the two dimensions that matter most for long-term ownership costs. The reliability picture is solid rather than spectacular: 7.9/10, which puts it comfortably above the class median. Safety lands at 8.0/10 — solid, though some rivals offer more advanced driver-assist features as standard. Confirm official results for your trim at nhtsa.gov/ratings.

With 7.7/10 for performance, this is a car tuned for daily driving rather than excitement — perfectly capable on the commute, unremarkable on a back road. At 7.2/10 for technology, the infotainment and driver-assist package does its job without setting benchmarks — check which features cost extra on lower trims.

Priced from $41,079–$49,929, 27 MPG, seating 5, the Volvo S60 sits in the mid-market bracket of the sedan segment. Its value score of 8.9/10 confirms that the price reflects the quality — you're getting a lot for your money here. At 3 years old, it's worth checking whether a newer generation or refresh has addressed any weaker dimensions — compare it to the current model year before buying.

Verdict: Nothing about the 2023 Volvo S60 will scare a sensible buyer off. It scores consistently across the board, and it does what a good sedan should — quietly and competently.

Carivo scores are our own editorial assessment, informed by NHTSA safety and recall records, EPA fuel-economy figures, and manufacturer-published specifications. Scores are reviewed periodically and updated when new data becomes available. See our full methodology →

How It Ranks Among Sedans

The 2023 Volvo S60 ranks #347 of 1310 sedans in the Carivo database — better than 74% of the segment. Its 7.8/10 overall score is 0.3 points above the segment average of 7.5/10. Its $41,079 starting price is about 48% above the segment's median of $27,664.

Rankings are recalculated as new vehicles and scores are added. See the full Sedan ranking →

Which S60 Year Should You Buy?

Smart-money pick: the 2020 Volvo S60 scores 7.6/10 — within striking distance of the 2023's 7.8 — and starts roughly $4,000 lower. If you don't need the newest model year, that's money better spent on a higher trim or kept in your pocket.

YearScoreStarting price (MSRP when new)
2025 7.9/10$43,620 Read review →
2024 7.9/10$42,350 Read review →
2023 (this review) 7.8/10$41,079
2022 7.8/10$39,809 Read review →
2021 7.7/10$38,538 Read review →
2020 7.6/10$37,268 Read review →
2019 7.5/10$35,997 Read review →
2018 7.5/10$34,727 Read review →
2017 7.5/10$33,456 Read review →
2016 7.5/10$32,186 Read review →
2015 7.4/10$30,915 Read review →

Pros & Cons — 2023 Volvo S60

✓ What it does well

  • Above-average reliability record with solid owner satisfaction data
  • Strong safety ratings from NHTSA and independent testers
  • Exceptional value for money — high-quality features at a competitive price point
  • Competent performance that satisfies most everyday driving demands

✗ Where it falls short

  • Tech suite is functional but lags behind segment-best options; some features cost extra
  • Brand resale values vary — check current market data before committing

NHTSA Recalls — 2023 Volvo S60 (6 on record)

The following recall campaigns have been filed with NHTSA for this model and year. Recall repairs are performed free of charge by franchised dealers; check your specific vehicle by VIN at nhtsa.gov/recalls.

Engine and engine cooling / Engine / Engine control module (ecu/ecm)
20/10/2022 · 22V793000
Volvo Car USA, LLC (Volvo Car) is recalling certain 2022-2023 S60, V60, S90L, XC60, and XC90 vehicles. An electronic control module (ECM) software error may prevent the combustion engine from starting, causing a loss of drive power.
Service brakes, hydraulic
19/01/2023 · 23V012000
Volvo Car USA, LLC (Volvo Car) is recalling certain 2023 S60, V60, V60CC, V90CC, XC60, XC90, XC40, and C40 vehicles. A diagnostic error in the Brake Control Module 2 (BCM2) may cause a loss of Antilock Brake System (ABS), Electronic Stability Control…
Electrical system
22/03/2023 · 23V188000
Volvo Car USA, LLC (Volvo Car) is recalling certain 2023 S60, V60CC, XC60, XC90, XC40, and C40 vehicles. A diagnostic trouble code (DTC) may be falsely detected for the emergency call system (e-call) and display "e-Call Service Required" in the driver…
Air bags / Frontal
21/11/2023 · 23V780000
Volvo Car USA, LLC. (Volvo Car) is recalling certain 2019-2024 S60 vehicles. The passenger air bag may not be secured properly, which can cause the air bag to deploy improperly.
Back over prevention / Software
08/05/2025 · 25V282000
Volvo Car USA, LLC (Volvo Car) is recalling certain 2021-2025 XC40, 2022 V90, 2022-2025 S90, V90CC, C40, XC60, 2023-2025 S60, V60, V60CC, XC90, and 2025 EC40 and EX40 vehicles. The rearview camera image may not display when the vehicle is placed in…

Showing 5 of 6 campaigns — see the full list on NHTSA's site.

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