Where there's room on price
61
/ 100 (strong)
Approx. 51 days of national supply and the median listing asks approx. 8% above the typical asking price at typical mileage — strong leverage to negotiate.
Ridekick price report
2016 Volvo S60 Price: Typical Asking Price & MSRP
A mileage-adjusted read of comparable active listings—not a quote for a specific VIN, trim, condition, or location.
Typical asking price
$9,261
Inside the middle half of current listings.
Price intelligence
A map of today's market
Typical asking price is in the typical market range
$5,300$17,990
- Typical market range
- $8,200–$12,495
- Typical asking price
- $9,261
- Original MSRP range
- $34,150–$47,700
Middle 50% of active listings
At typical mileage
7 sourced trims when new
Buyer context
Market pulse
What this means for you. It's market data, not a price for a specific car.
National supply
51
days of supply
Balanced market
Supply and demand are roughly balanced for the 2016 Volvo S60.
Estimated dealer cost (invoice)
$31,418–$32,784
Estimated dealer invoice — about $34,150 MSRP minus a typical 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Typical asking price by trim
| Trim | Typical asking (at typical mileage) | MSRP | Est. dealer cost |
|---|---|---|---|
| T5 Premier | $8,980 | $38,300 | $35,236–$36,768 |
| T5 Platinum | $9,634 | $43,400 | $39,928–$41,664 |
| T5 | $12,495 | $34,150 | $31,418–$32,784 |
| R-Design | $16,253 | $44,400 | $40,848–$42,624 |
| t6 | — | $39,450 | $36,294–$37,872 |
| t6-platinum | — | $43,300 | $39,836–$41,568 |
| r-design-platinum | — | $47,700 | $43,884–$45,792 |
Trim comparison
How each trim is priced
Estimated dealer cost Original MSRP Typical asking price
Trim
$5,882$28,340$50,798
Typical askingT5 Premier
$8,980
T5 Premier: typical asking price $8,980, original MSRP $38,300, estimated dealer cost $35,236 to $36,768.
T5 Platinum
$9,634
T5 Platinum: typical asking price $9,634, original MSRP $43,400, estimated dealer cost $39,928 to $41,664.
T5
$12,495
T5: typical asking price $12,495, original MSRP $34,150, estimated dealer cost $31,418 to $32,784.
R-Design
$16,253
R-Design: typical asking price $16,253, original MSRP $44,400, estimated dealer cost $40,848 to $42,624.
t6
—
t6: typical asking price not available, original MSRP $39,450, estimated dealer cost $36,294 to $37,872.
t6-platinum
—
t6-platinum: typical asking price not available, original MSRP $43,300, estimated dealer cost $39,836 to $41,568.
r-design-platinum
—
r-design-platinum: typical asking price not available, original MSRP $47,700, estimated dealer cost $43,884 to $45,792.
All marks use the same price scale. Dealer cost is an estimate; original MSRP and typical asking price are shown for context, not as a guarantee of a particular vehicle’s price.
Out-the-door price by state
Out-the-door for a 2016 Volvo S60 runs about $9,572 in MT to $10,901 in NJ — the typical asking price plus state tax, title, registration, and a typical dealer doc fee.
| State | Sales/use tax | Doc + title + reg | Out-the-door |
|---|---|---|---|
| CA | $671 | $110+ | $10,042 |
| TX | $579 | $332 | $10,172 |
| FL | $556 | $1,074+ | $10,891 |
| NY | $370 | $371 | $10,002 |
| PA | $556 | $587 | $10,404 |
| IL | $579 | $683 | $10,523 |
| OH | $533 | $444 | $10,238 |
| GA | $648 | $637 | $10,546 |
| NC | $278 | $793 | $10,332 |
| WA | $602 | $215+ | $10,078 |
| OR | $0 | $525 | $9,786 |
Estimates using each state's base tax rate. Local (city/county) taxes can add 1–3% in many areas, dealer doc fees vary, and some states base registration on vehicle value or weight (shown with a "+"). Trade-in tax credits are not included.
Out-the-door price by state: California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, Georgia, North Carolina, Washington, Oregon
Safety & recalls
4 open NHTSA recalls on record for the 2016 Volvo S60.
SEAT BELTS:FRONT:BUCKLE ASSEMBLY
Volvo Car USA LLC (Volvo) is recalling certain model year 2016-2017 XC90, S90, XC60, V60 Cross Country, V60, S60 Cross Country, S60, and S60 Inscription vehicles manufactured February 16, 2015, to August 22, 2016. On the affected vehicles, the front passenger seat belt buckle attaching stud may loosen, allowing the buckle to separate from the seat belt bracket. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard (FMVSS) number 210, "Seat Belt Assembly Anchorages" and number 209, "Seat Belt Assemblies."
Remedy: Volvo will notify owners, and dealers will inspect the front passenger seat belt buckle stud, replacing the seat belt buckle as needed, free of charge. The recall began January 2017. Owners may contact Volvo customer service at 1-800-458-1552. Volvo's number for this recall is R89708.
Campaign 16V798000 · 02/11/2016
ELECTRICAL SYSTEM:WIRING:FUSES AND CIRCUIT BREAKERS
Volvo Cars of North America, LLC. (Volvo) is recalling certain model year 2016 Volvo S60, V60, V60CC, XC60, XC70, and S80 vehicles manufactured April 8, 2015 to August 19, 2015. In certain driving conditions when using the automatic engine stop/start function, the starter motor fuse may blow, preventing the car from restarting when necessary.
Remedy: Volvo will notify owners, and dealers will replace the existing starter motor fuse with a higher amperage fuse, free of charge. The recall began on October 26, 2015. Owners may contact Volvo customer service at 1-800-458-1552 or by visiting http://volvo.custhelp.com. Volvo's number for this recall is R39574.
Campaign 15V555000 · 02/09/2015
SEAT BELTS:FRONT
Volvo Cars of N.A., LLC (Volvo) is recalling certain 2008-2016 V70 and XC70, 2007-2016 S80, 2011-2018 S60 and V60, 2016-2018 S60 Cross Country, 2014-2020 S60L, 2009-2015 S80L, 2009-2016 XC60 and 2015-2018 V60 Cross Country vehicles. The flexible steel cable that connects the seat belt to the front outboard seating positions may fatigue over time, causing the seat belt to not secure the occupant in the event of a crash.
Remedy: Volvo will notify owners, and dealers will replace the seat belt anchor cable for both front seats. The recall began December 10, 2020. Owners may contact Volvo customer service at 1-800-458-1552. Volvo's number for this recall is R10029.
Campaign 20V378000 · 30/06/2020
LATCHES/LOCKS/LINKAGES:DOORS:LATCH
Volvo Car of USA LLC (Volvo) is recalling certain 2011-2017 S60, S60I, V60, S60CC and V60CC vehicles. A component within the door latches may break, making the doors difficult to latch and/or leading the driver or a passenger to believe a door is securely closed when, in fact, it is not.
Remedy: Volvo will notify owners, and dealers will replace all four door latches, free of charge. The recall began April 9, 2020. Owners may contact Volvo customer service at 1-800-458-1552. Volvo's number for this recall is R89978.
Campaign 19V849000 · 26/11/2019
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Questions buyers ask
What is the typical asking price for a 2016 Volvo S60?
Used 2016 Volvo S60 listings ask about $9,261 at typical mileage, with most listings between $8,200 and $12,495. That is what sellers are asking, not what buyers pay.
Is the 2016 Volvo S60 cheaper than MSRP?
Yes — its original MSRP was about $34,150, so the typical asking price for a used one is roughly $24,889 below MSRP.
What is the out-the-door price of a 2016 Volvo S60?
Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $9,572 in MT to $10,901 in NJ, depending on your state. Local taxes can add more.
Is now a good time to buy a 2016 Volvo S60?
There are about 51 days of national market supply for the 2016 Volvo S60 — Supply and demand are roughly balanced for the 2016 Volvo S60.
Is the listed price on a 2016 Volvo S60 fair?
Not always. 2016 Volvo S60 listings typically ask about $9,999, roughly 8% above the typical asking price at typical mileage, $9,261. Compare any listing against that figure, and get the dealer's out-the-door price in writing, because tax and fees are added on top of the listed price.
What does the dealer pay for a 2016 Volvo S60?
The estimated dealer cost (invoice) is roughly $31,418–$32,784 — its $34,150 MSRP minus a typical 4–8% margin. An estimate; actual invoice varies.
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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 10/29/2026. Estimates only; your price depends on condition, options, and location.