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2023 Volvo S60

The 2023 Volvo S60 is a compact car, rated at 31 MPG combined by the EPA. NHTSA lists 6 recalls for this model year.

2023 Volvo S60
© OWS Photography · CC BY 4.0
Combined MPG
31· 530 mi
NHTSA safety
Not rated
Starting price
$43,000
Recalls
6

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Full specifications

Identity

SRC · NHTSA vPIC
MakeVolvo
ModelS60
Model year2023
Vehicle classCompact Car

Engine & drivetrain

SRC · EPA FuelEconomy
Displacement2 L
Cylinders4
TransmissionAutomatic (S8)
DrivetrainAll-Wheel Drive
FuelPremium Gasoline

Fuel economy

SRC · EPA FuelEconomy
City MPG30
Highway MPG33
Combined MPG31
Combined MPGe44
Electric range530 mi
CO₂ tailpipe99 g/mi
EPA annual fuel cost$2500

Available configurations

SRC · EPA FuelEconomy
S60 B530 MPG combined
S60 B5 AWD28 MPG combined
S60 T8 AWD Recharge31 MPG combined

Fuel economy

SRC · EPA FuelEconomy
City30 MPG
Highway33 MPG
Combined31 MPG
Combined44 MPGe
Electric range530 mi

Efficiency vs class average

S6031 MPG
Class average31.6 MPG

About 2% below the class average.

Est. monthly payment
$757/mo
Amount financed
$38,700
Total interest
$6,733
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5-year fuel cost
$7,812

$1,562/yr · 12,000 mi/yr · $0.17/kWh

Combined MPGe31
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Extended warranty & insurance

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Cost to own

Estimate monthly payments and 5-year fuel cost using the tools in the sidebar. Figures use EPA fuel economy and current U.S. energy prices from EIA.

Safety ratings & recalls

SRC · NHTSA vPIC

NHTSA has not published NCAP crash-test ratings for this model year yet.

Recalls (6)

  • ENGINE AND ENGINE COOLING:ENGINE:ENGINE CONTROL MODULE (ECU/ECM)22V793000 · 2022-10-20

    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.

    Remedy: Dealers will update the ECM software, free of charge. Owner notification letters are expected to be mailed December 8, 2022. Owners may contact Volvo Car's customer service at 1-800-458-1552. Volvo Car's number for this recall is R10198.

  • SERVICE BRAKES, HYDRAULIC23V012000 · 2023-01-19

    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 (ESC), and traction control.

    Remedy: Volvo will release an over-the-air (OTA) BCM2 software update, free of charge. Owner notification letters are expected to be mailed March 15, 2023. Owners may contact Volvo Car customer service at 1-800-458-1552. Volvo Car's number for this recall is R10217.

  • ELECTRICAL SYSTEM23V188000 · 2023-03-22

    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 information module (DIM).

    Remedy: Dealers will update the telematics and connectivity antenna module (TCAM) software, free of charge. Owner notification letters are expected to be mailed May 16, 2023. Owners may contact Volvo Car's customer service 1-800-458-1552. Volvo Car's number for this recall is R10225.

  • AIR BAGS:FRONTAL23V780000 · 2023-11-21

    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.

    Remedy: Dealers will inspect and tighten the bolts securing the passenger air bag, as necessary, free of charge. Owner notification letters were mailed January 5, 2024. Owners may contact Volvo Car customer service at 1-800-458-1552. Volvo Car's number for this recall is R10254.

  • BACK OVER PREVENTION:SOFTWARE25V282000 · 2025-05-08

    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 reverse. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 111, "Rear Visibility."

    Remedy: The software will be updated by a dealer or through an over-the-air (OTA) update, free of charge. Owner notification letters were mailed June 27, 2025. Owners may contact Volvo Car customer service at 1-800-458-1552. Volvo Car's number for this recall is R10320.

  • BACK OVER PREVENTION:SOFTWARE25V908000 · 2025-12-23

    Volvo Car USA, LLC (Volvo Car) is recalling certain 2021-2025 XC40, 2022 V90, 2022-2024 C40BEV, 2022-2025 S90, V90CC, 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 reverse. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 111, "Rear Visibility."

    Remedy: The software will be updated by a dealer or through an over-the-air (OTA) update, free of charge. Owner notification letters were mailed February 24, 2026. Owners may contact Volvo Car’s customer service at 1-800-458-1552. Volvo Car's number for this recall is R10333. Vehicle Identification Numbers (VINs) involved in this recall will be searchable on NHTSA.gov beginning February 16, 2026. This recall replaces previous NHTSA recall number 25V282. Vehicles previously repaired under recall 25V282 will need to have the new remedy performed.

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Frequently asked questions

What is the MPG of the 2023 Volvo S60?

The 2023 Volvo S60 is EPA-rated at 31 MPG combined (30 city / 33 highway).

Is the 2023 Volvo S60 reliable?

NHTSA lists 6 recalls for the 2023 Volvo S60. Recalls are repaired free of charge by the manufacturer — verify any open recalls by VIN before purchase.

How much does it cost to fuel the 2023 Volvo S60?

At 12,000 miles per year, the 2023 Volvo S60 costs roughly $1,562 per year to charge, or about $7,812 over 5 years at current U.S. energy prices.

What type of vehicle is the 2023 Volvo S60?

The 2023 Volvo S60 is classified as a compact car. Common rivals in this class are worth comparing on price, MPG, and safety.

Sources: NHTSA vPIC · EPA FuelEconomy · NHTSA vPIC