Used Volvo XC60 (Mk1, 2008-2017) - How much will it cost?
The Volvo XC60 sports a premium badge so it's not the cheapest SUV to run, although frugal diesels can help offset the cost
When the Volvo XC60 Mk1 was brand new, it was one of the pricier premium SUVs of its type you could buy, but thankfully it did somewhat offset that higher asking price with pretty good levels of standard equipment. Likewise, decent fuel economy and CO2 emissions mean this generation of Volvo XC60 shouldn’t cost too much to run.
Residual values for the Volvo XC60 are on par with its main rivals, so it will be a bit more expensive to buy than like-for-like mainstream alternatives. For the most affordable route into Volvo XC60 Mk1 ownership, you’ll need to look at diesel models in the entry-level S and SE trim levels.
The Volvo XC60 range was given a mid-life facelift in February 2013, and expect by-and-large to pay a bit of a premium for these versions over pre-facelift cars. This is because they should, in theory, be in better condition and have fewer miles under their belts than their pre-facelift counterparts; that will of course depend on how the previous owners have treated the car.
If you are looking for a Volvo XC60 in a specific specification or trim level, you can check out the latest used prices at our sister site Buyacar.
Fuel economy and emissions
While it fell short of what the class leaders could manage, the Volvo XC60 Mk1 was nevertheless a fairly frugal family SUV. This was especially the case on the mid-range ‘D4’ model, which was capable of returning up to 62.8mpg and emitting just 117g/km of CO2, though these figures do vary depending on the spec.
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Buyers after a bit more performance will probably be best suited by the brawnier D5 diesel, and they won’t sacrifice too much efficiency by doing so. According to Volvo, this spec of XC60 could return a pretty respectable 53.5mpg, and the CO2 emissions of 139g/km means it isn’t too much more expensive to tax, either.
Unusually, perhaps, the entry-level D3 option has the worst official fuel economy of any of the Volvo XC60’s diesel engines. On paper, this version could return up to 49.6mpg, but the quoted CO2 emissions of 111g/km means it sits in the same tax bracket as the D4 diesel.
Overall, the Volvo XC60’s petrol engines perform more strongly than their diesel counterparts, at the expense of higher running costs. Fuel economy and CO2 emissions for five-cylinder T5 models was 33.2mpg and 158g/km respectively, although this does improve to 42.2mpg and 128g/km of CO2 on later cars that used a smaller four-cylinder petrol engine. Despite the economy deficit to the diesels, the T5 petrol is a decent choice if you don’t plan on doing longer journeys or lots of motorway miles in your used Volvo XC60.
Budget for frequent visits to the fuel pumps if you opt for the range-topping T6 petrol model, because it manages just 26.4mpg.
A service for the Volvo XC60 Mk1 is needed once every 12 months or 18,000 miles, whichever comes sooner, or every 18 months of 18,000 miles if the car has a long-life maintenance regime. Services alternate between minor and major, irrespective of whether your Volvo XC60 is petrol or diesel.
Depending on the model, its age and how much work is done in the service, prices range from around £360 all the way up to £1,330. Brake fluid should also be changed every two years, which will cost your around £75, and the reservoir sealing fluid will need to be replaced every four years, at £60 a time. If you go for a used diesel Volvo XC60, the cambelt will need to be replaced every 10 years or 108,000 miles, whichever comes sooner.
Insurance premiums for the Volvo XC60 Mk1 will be slightly higher than some of its competitors like the Audi Q3, as the Volvo sits in higher insurance group categories. While the Audi Q3 starts from insurance group 22, the Volvo XC60 line-up starts at insurance group 25, and rise all the way up to insurance group 37 for the flagship T6 petrol model.
In this review
- 1Used Volvo XC60 (Mk1, 2008-2017) reviewWith its well-equipped cabin and good safety credentials, the Mk1 Volvo XC60 makes a tempting case as a used premium family SUV
- 2How much will it cost? - currently readingThe Volvo XC60 sports a premium badge so it's not the cheapest SUV to run, although frugal diesels can help offset the cost
- 3How practical is it?Competitive interior space, class-leading safety and a decent standard level of equipment across the range makes the XC60 Mk1 a practical family SUV
- 4What's it like to drive?The Mk1 Volvo XC60 focuses more on refinement and comfort rather than sportiness
- 5What should you look out for?The first-generation Volvo XC60 is not without reliability issues, but nothing that should put you off
- 6What do owners think?The Volvo XC60 should make for a reliable used buy according to its Driver Power scores