Real price data

What should you pay for a 2024 Volvo S60?

Original MSRP

$42,450

When new

Fair market price

$31,399

Mileage-adjusted

Below MSRP

$11,051

A fair used price

Where prices land

$21,199Fair price $31,399$44,407

25th $27,522 · 75th $34,179 · MSRP $42,450

Spread of current 2024 Volvo S60 listings · 25th–75th percentile marked.

Negotiating leverage

78

out of 100

strong leverage

~70 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

70days of supply

Buyer's market

Inventory is moving slowly, so buyers typically have more room to negotiate on a 2024 Volvo S60.

National Market Day Supply — how long it would take to sell the current used 2024 Volvo S60 inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.

Estimated dealer cost (invoice)

$39,054$40,752

Estimated dealer invoice — about $42,450 MSRP minus a typical 48% manufacturer margin.

An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.

Fair price by trim

TrimFair priceMSRPEst. dealer cost
Core$28,171$42,450$39,054–$40,752
Plus$32,409$54,900$50,508–$52,704
Ultimate$36,751$50,300$46,276–$48,288
Core
$28,171
Plus
$32,409
Ultimate
$36,751

Safety & recalls

3 open NHTSA recalls on record for the 2024 Volvo S60.

AIR BAGS:FRONTAL

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.

Campaign 23V780000 · 21/11/2023

BACK OVER PREVENTION:SOFTWARE

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.

Campaign 25V282000 · 08/05/2025

BACK OVER PREVENTION:SOFTWARE

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.

Campaign 25V908000 · 23/12/2025

Source: NHTSA. Contact your dealer to schedule a free recall repair.

Frequently asked questions

What is a fair price for a 2024 Volvo S60?

A fair, mileage-adjusted price is about $31,399, within a typical market range of $27,522 to $34,179.

Is the 2024 Volvo S60 cheaper than MSRP?

Yes — its original MSRP was about $42,450, so a fair used price is roughly $11,051 below MSRP.

Is now a good time to buy a 2024 Volvo S60?

There are about 70 days of national market supply for the 2024 Volvo S60 Inventory is moving slowly, so buyers typically have more room to negotiate on a 2024 Volvo S60.

How much can you negotiate on a 2024 Volvo S60?

Negotiating leverage rates 78/100 (strong). ~70 days of national supply — strong leverage to negotiate.

What does the dealer pay for a 2024 Volvo S60?

The estimated dealer cost (invoice) is roughly $39,054$40,752 — its $42,450 MSRP minus a typical 48% 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.