Real price data
What should you pay for a 2016 Volvo S60?
Original MSRP
$34,150
When new
Fair market price
$9,809
Mileage-adjusted
Below MSRP
$24,341
A fair used price
Where prices land
25th $9,499 · 75th $13,995 · MSRP $34,150
Spread of current 2016 Volvo S60 listings · 25th–75th percentile marked.
Negotiating leverage
64
out of 100
strong leverage
~58 days of national supply — strong leverage to negotiate.
Ridekick's negotiating-leverage score blends national Market Day Supply with how far listings sit above the mileage-adjusted fair price. Higher means more room to negotiate.
Market demand & negotiating leverage
58days of supply
Balanced marketSupply and demand are roughly balanced for the 2016 Volvo S60.
National Market Day Supply — how long it would take to sell the current used 2016 Volvo S60 inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.
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.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| T5 Premier | $9,675 | $40,400 | $37,168–$38,784 |
| T5 Platinum | $9,932 | $41,900 | $38,548–$40,224 |
| t5 | — | $34,150 | $31,418–$32,784 |
| r-design | — | $44,400 | $40,848–$42,624 |
| r-design-platinum | — | $47,700 | $43,884–$45,792 |
- T5 Premier
- $9,675
- T5 Platinum
- $9,932
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.
Frequently asked questions
What is a fair price for a 2016 Volvo S60?
A fair, mileage-adjusted price is about $9,809, within a typical market range of $9,499 to $13,995.
Is the 2016 Volvo S60 cheaper than MSRP?
Yes — its original MSRP was about $34,150, so a fair used price is roughly $24,341 below MSRP.
Is now a good time to buy a 2016 Volvo S60?
There are about 58 days of national market supply for the 2016 Volvo S60 — Supply and demand are roughly balanced for the 2016 Volvo S60.
How much can you negotiate on a 2016 Volvo S60?
Negotiating leverage rates 64/100 (strong). ~58 days of national supply — strong leverage to negotiate.
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 6/23/2026. Estimates only; your price depends on condition, options, and location.