The verdict
A mixed-report compact luxury sedan, strong on safety and held back by efficiency.
The 2021 Volvo S60 is the compact luxury sedan you buy for the cabin and the crash-test record rather than the driving. It is an IIHS Top Safety Pick+ with a 5-star NHTSA rating, a genuinely lovely interior, and a 12.3-inch digital gauge cluster standard on the $39,995 base car — but the 250-hp T5 asks for premium fuel and returns only 27 MPG combined, the trunk is a class-worst 11.6 cubic feet, and rear legroom is a tight 35.2 inches. As a used buy in 2026 the heavy depreciation (roughly 44% of MSRP retained at five years) is now your friend instead of your problem, provided you accept Volvo's weak dependability reputation and a powertrain warranty that stopped at 4 years/50,000 miles with no extension. Cross-shop it on comfort and value, not on driving thrills or practicality.
Jump to scoresStrengths
- Safety credentials are the reason to buy it
- Interior that feels more expensive than the sticker
- Relaxed, quiet, easy to live with every day
What holds it back
- Premium fuel and mid-pack MPG make it expensive to run
- The trunk is the smallest thing about it
- Resale was weak and the powertrain warranty never extended
Top alternatives
Cars shoppers cross-shop with the Volvo S60
3.07B
BMW 3 SeriesCompact Luxury SedanBetter at: Driving dynamicsThe default cross-shop: quicker, better to drive, and a roughly five-cubic-foot bigger trunk for money the S60 was discounting to match.
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Genesis G70Compact Luxury SedanBetter at: Warranty and valueMore power for less money with a 10-year/100,000-mile powertrain warranty against Volvo's 4-year/50,000-mile term.
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2.53C+
Lexus ISCompact Luxury SedanBetter at: Resale valueTrades the S60's tech and seat comfort for the dependability and resale value Volvo's bottom-of-the-industry rankings can't promise.
CompareHow it's evolved
8 scored model years · 2017–2024
Subject scores by year
Hover or tap a score to see what moved it versus the year before. A corner mark flags a big swing.
| Year | Performance | Efficiency | Safety | Space | Cost | Reliability | Tech | Use-case | Driving | Value |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 53 | 37 | 77 | 59 | 47 | 65 | 71 | 54 | 65 | 62 |
| 2023 | 53 | 45 | 77 | 57 | 36 | 64 | 70 | 49 | 64 | 63 |
| 2022 | 53 | 45 | 78 | 57 | 51 | 65 | 59 | 49 | 64 | 65 |
| 2021 | 53 | 33 | 78 | 57 | 49 | 67 | 59 | 49 | 63 | 70 |
| 2020 | 54 | 34 | 72 | 57 | 60 | 49 | 58 | 48 | 71 | 69 |
| 2019 | 56 | 36 | 68 | 56 | 60 | 49 | 54 | 48 | 71 | 67 |
| 2018 | 50 | 55 | 72 | 57 | 60 | 65 | 30 | 47 | 65 | 53 |
| 2017 | 49 | 56 | 73 | 57 | 56 | 59 | 40 | 47 | 66 | 58 |
Compare two years
Best fit & conditions
Higher scores mean a better fit for that use case. Learn more about use-case fit →
Subject profile
Detailed scoring by subject
1Performance & PowertrainGrades below the middle of the scale.1.59D
For 2021 the volume S60 continued with the T5: a turbocharged 2.0L inline-4 rated 250 hp in both FWD and optional AWD form across Momentum, R-Design and Inscription. Volvo initially also offered a higher-output T6 (turbo+supercharged, 316 hp) as the AWD step-up, but discontinued it mid-year in favor of an AWD version of the T5 — the B5 mild-hybrid replacement for the T5 did not arrive until MY2022. The T8 Recharge PHEV topped the range at 400 hp.
The T5's 258 lb-ft arrives in a broad low-to-mid-rpm plateau typical of Volvo's Drive-E four, giving unhurried but adequate response around town. The short-lived T6 actually produced less peak torque (295 lb-ft) despite its higher horsepower, since it was tuned for top-end output; the T8 Recharge PHEV's combined 472 lb-ft dwarfs both gas engines.
MotorWeek's instrumented test of the T5 AWD — the representative volume configuration once AWD became broadly available mid-year — recorded 6.2 seconds to 60 mph, mid-pack for a compact luxury sedan and roughly half a second behind a contemporary BMW 330i or Genesis G70 2.0T. The FWD T5 is marginally slower; the T8 Recharge is dramatically quicker at around 4 seconds.
Reviewers consistently describe the T5's turbo-4 as smooth and free of noticeable turbo lag, with acceleration that feels stronger than the 250 hp figure suggests around town and on the highway. It is competent and unobtrusive rather than characterful — a four-cylinder that gets coarse and vocal under hard throttle, well short of the immediacy of a BMW or Genesis turbo-four.
The eight-speed torque-converter automatic shifts smoothly and downshifts promptly for passing power, and reviewers single out the gearbox as a strong point of the drivetrain. It is tuned for comfort rather than outright sportiness, without paddle-shift drama, but never hunts or feels indecisive in daily driving.
All-wheel drive was available across the S60 range for 2021: initially reserved for the higher T6 and Recharge T8 powertrains, then extended to the T5 itself once Volvo discontinued the T6 partway through the model year, making AWD reachable on the base engine across every trim (Momentum, R-Design, Inscription). It remains a conventional on-demand Haldex system with no low range, locking modes or terrain settings, which keeps it out of the top band.
Three distinct powertrains for 2021: the base turbocharged T5, a higher-output turbo-and-supercharged T6 (discontinued mid-year), and the 400-hp T8 Recharge plug-in hybrid with roughly 22 miles of EPA electric range. Spanning a plain gas four, a higher-state gas four, and a PHEV gives real range across the lineup, though there is no diesel, six-cylinder, or full EV option.
2Efficiency & RangeThe S60's lowest-graded category.0.18F
The volume 2021 S60 is the T5 FWD Momentum, a carry-over third-generation (2019+ SPA platform) configuration with Volvo's 2.0L turbo-four (250 hp) and 8-speed automatic. 27 MPG combined is mid-pack among turbocharged compact luxury sedans — behind the BMW 330i but ahead of the Genesis G70 2.0T.
23 city MPG is the S60's weakest efficiency figure — a turbocharged four with no electric assist gives up ground in stop-and-go driving relative to rivals with milder state-of-tune tunes or hybrid assist.
34 highway MPG is a solid result for a 250-hp turbo sedan and the S60's best efficiency showing, aided by the 8-speed automatic's tall overdrive gearing.
A 15.9-gallon tank at 27 MPG combined yields 429 miles of mixed-driving range — adequate but not class-leading, well short of the 500+ miles some compact luxury sedans with larger tanks or better economy manage.
At 27 MPG combined and a premium-fuel requirement, EPA's standard assumptions put running cost at $2,800/yr — toward the expensive end of the compact luxury sedan segment, driven both by the fuel-grade premium and mid-pack MPG.
The T5 volume engine requires premium (91-octane) fuel with no regular-fuel option across the gas lineup, adding a real per-fill cost penalty on top of its mid-pack MPG.
3SafetyThe S60's best-graded category.3.27B+
NHTSA gave the 2021 S60 (T5/T6 sedan) a 5-star overall rating, with 5 stars side and rollover and 4 stars frontal — consistent with Volvo's 2021 fleet-wide 5-star sweep across XC90/XC60/XC40/S60.
The 2021-22 S60 4-door sedan earned IIHS Top Safety Pick+ with Good ratings across all six crashworthiness tests (both small overlap fronts, moderate overlap front, side, roof strength, head restraints) and a Good headlight rating standard — the full TSP+ set.
2021 was a change year: Volvo made blind-spot monitoring and rear cross-traffic alert standard on the base Momentum trim, joining standard City Safety AEB (with pedestrian/cyclist/large-animal detection) and standard lane-keeping aid. Adaptive cruise/Pilot Assist highway assist remained bundled in an optional Advanced package rather than standard.
IIHS rated the S60's vehicle-to-vehicle front crash prevention Superior with standard collision warning and full auto-braking, and daytime pedestrian detection Superior as well; nighttime pedestrian results were not separately highlighted in available sources, keeping this just below a perfect score.
Blind-spot monitoring and rear cross-traffic alert are standard across the 2021 S60 range as of this model year's update, but Volvo's BLIS system is primarily alert-based rather than offering active steering intervention.
Standard lane-departure warning and corrective lane-keeping aid nudge the car back into its lane, but true lane-centering (continuous, smoother tracking) is only available through the optional Pilot Assist package, not standard on the volume trim.
Pilot Assist adaptive cruise with semi-autonomous steering assist, functional up to 130 km/h on marked roads, is capable but only available as an optional package on the S60, and period reviews note occasional centering wander compared to segment leaders.
Volvo offered no hands-free-certified highway driving system on the 2021 S60; Pilot Assist requires hands on the wheel at all times, unlike GM Super Cruise or Ford BlueCruise available on some rivals' segments.
IIHS rated the tested LED reflector headlights Good, with curve-adaptive and high-beam assist functionality and no glare violations on straightaways or curves.
The S60's sporty, low-roofline sedan silhouette gives good forward sightlines but a shallow rear window and thick rear pillars limit rear/three-quarter visibility, a common period-review complaint partially offset by standard rear camera and available 360-degree camera.
Compact luxury sedan rear doors and seat bolstering typically make LATCH anchors accessible but not effortless, and fitting more than two child seats across the rear bench is tight — consistent with the segment norm rather than a standout or a weak point.
4Space & ComfortMid-pack among this car's ten categories.1.83C-
Third-gen (2019-2024) S60 is a five-passenger compact sedan across every 2021 trim and powertrain — T5, T6 and T8 Recharge alike.
Adequate but unremarkable front headroom for the compact luxury sedan class; carry-over SPA-platform dimension, unchanged since the 2019 model-year launch of this generation.
Generous front legroom, competitive with segment leaders like the 3 Series and A4; unchanged across the third generation.
Solid rear headroom for a sloped-roof sedan, aided by a low hip point; carry-over dimension for the US-built (Ridgeville, SC) third generation.
Tight rear legroom for the class — a recurring S60 critique against the A4 and 3 Series; this is the standard-wheelbase US car, distinct from the long-wheelbase S60L sold only in China.
Below-average trunk for the compact luxury sedan segment on the gas T5/T6; the T8 Recharge PHEV loses additional space to its battery pack under the trunk floor.
Usable but unremarkable storage: a reasonably sized center console, door bins and a covered cubby ahead of the shifter, plus USB ports; no standout clever solutions, and the small trunk limits overall load-hauling flexibility.
Volvo's front buckets are repeatedly praised for a strong balance of support and cushioning across cloth and leather trims; rear seat is comfortable if legroom-limited for taller passengers.
Calm, responsive, well-controlled ride on the standard suspension; Edmunds' test car with the optional sport-tuned chassis skewed noticeably stiffer, so ride comfort varies meaningfully by suspension option on this model year.
Wind noise is well isolated in nearly all conditions; road noise is surface-dependent, with a low-frequency rumble on rough pavement but virtually silent on smooth roads — a mild step below best-in-class isolation.
Dual-zone automatic climate control is standard fleet-wide, and heated front seats come standard on AWD Momentum, but a heated steering wheel and heated rear seats require the optional $750 Climate Package on every trim — richer comfort gear is gated behind an option rather than standard.
5Cost of OwnershipOne of the S60's weakest categories.1.31D
The entry configuration for the third-generation 2021 S60 (a carry-over year, no generation change) is the T5 Momentum FWD — a turbocharged 2.0L four making 250 hp — at $39,995 MSRP.
AWD is the common choice for Volvo buyers, and T6 (the mid-power AWD option) was discontinued in November 2020 for MY2021, pushing volume toward T5 AWD Momentum ($41,250 base) as typically equipped with the Advanced/Climate packages, landing near $44k. R-Design and Inscription AWD started at $44,250, and the T8 Recharge PHEV topped the range at $53,400.
RepairPal pegs average annual repair cost around $750 and CarEdge estimates ~$3,095 in 5-year maintenance+repair spend for the S60 nameplate; blended with European parts/labor rates and the years-four-and-five exposure once the complimentary maintenance and warranty lapse, the 5-year total lands closer to $4,700.
Volvo S60 depreciation sources cluster around 46-53% five-year depreciation, weaker than the compact luxury sedan average and behind Lexus/Genesis rivals; a 2021 example is now near the end of its 5-year window with 44% retention typical.
Volvo's new-vehicle limited warranty for MY2021 is 4 years/50,000 miles, a year longer than the mainstream 3yr/36k norm.
Volvo does not offer a longer powertrain term for MY2021 — the engine and transmission are covered by the same 4yr/50k basic warranty, short versus rivals offering 5-10yr powertrain coverage.
Volvo includes complimentary factory scheduled maintenance for 3 years/36,000 miles (covering the 10k/20k/30k-mile services) plus 4 years/unlimited-mile roadside assistance and 12 years/unlimited-mile corrosion protection — a genuine multi-year included-maintenance program, held just short of the top band by the 30,000-mile ceiling.
$44,000 volume-trim price minus its estimated resale value after 5 years (44% retained, or about $19,360) leaves about $24,640 in depreciation. Add the projected $4,700 in 5-year maintenance and repairs, and owning this vehicle for 5 years costs about $29,340 in total.
6Reliability & QualityOne of the S60's strongest categories.2.52C+
Signals cluster in the "average" band, at its upper edge: J.D. Power gives the 2021 S60 a predicted reliability of 78/100 (JDP's 70-80 = "Average"), and Consumer Reports' subscriber-survey prediction for the third-gen car is likewise about average rather than good. 2021 is a mid-cycle, conventional-engine year (T5/T6, no mild-hybrid hardware yet) on a car in its third US production year, which supports the higher-average read relative to later model years.
Volvo's recent multi-year dependability standing sits near the bottom of the industry, dominated by software/electronics faults rather than mechanicals: the brand lands near the bottom of the J.D. Power U.S. Vehicle Dependability Study and posts a worse-than-premium-average Initial Quality Study PP100, with owners repeatedly flagging Sensus infotainment and OTA-update frustration. Consumer Reports is kinder — mid-pack new-car reliability, better for used Volvos — because older mechanical platforms hold up, but the 2021 S60 rides on the same SPA electrical architecture that drives the poor scores.
The 2021 S60's recall record is lighter than the following two model years: it predates 2022-2023's ECM software recall that could cause loss of drive power, leaving mainly R10111 — seat belt automatic locking retractors on 2021-2022 S60/V60/XC60/etc. that may deactivate early and fail to secure a child restraint (dealer inspect/replace) — plus the broader 2019-2024 S60 passenger-airbag-bolt inspection campaign (bolts possibly not secured, dealer tighten). A high-voltage-battery short-circuit fire recall exists for Recharge T8 PHEV examples but does not touch the gas T5/T6 driveline scored here. No structural, powertrain, or drive-loss campaigns hit this specific model year, holding it above the 2022-2023 cars.
2021 predates the US mild-hybrid B5/B6 renaming (introduced for 2022), so this model year's T5 (turbo 2.0L VEA I4, FWD) and T6 (turbocharged+supercharged 2.0L VEA I4, AWD) are conventional drivelines without the added 48V ISG hardware that later years carry — the simpler architecture removes a fault path the 2022-2023 cars have. The VEA turbo-four family had roughly six years of US service by 2021 and pairs with the Aisin AWF8F35 eight-speed torque-converter automatic, a conventional, widely used unit with no systemic failure pattern; deductions remain for the VEA family's earlier reputation for oil consumption on high-mileage examples.
Materials are the S60's strongest suit and were class-leading for the money from this generation's 2019 launch: leather or wool-blend upholstery, matte open-pore wood, the Orrefors crystal shift knob, a machined volume knob, and carpet running up the transmission tunnel where rivals fit brittle plastic. Deductions are the piano-black console trim that scratches and marks quickly, and a still-fresh (third model year) cabin design that nonetheless competes with newer German rivals.
Physical assembly out of the Ridgeville, South Carolina plant is described as tight and solid with no notable rattle or misalignment complaints for this generation. It falls short of the top band on measured initial quality rather than craftsmanship: Volvo trails the premium-segment average on J.D. Power's IQS, but the reported problems concentrate in infotainment, connectivity and OTA updates rather than panel gaps or trim fit; being only the third US production year, the plant's process maturity is a touch behind the 2022-2023 cars.
Volvo runs roughly 280 US retailers — thinner than BMW, Mercedes-Benz or Audi and concentrated in coastal and metro markets, so interior-US owners routinely drive past a nearer German or Japanese luxury dealer. In 2021 the S60 was in full production and actively sold (US production would not end until June 2024), so it was well supported, and it is mechanically a V60/XC60 underneath, keeping parts and technician familiarity strong. Service satisfaction sits mid-pack.
Running costs are reasonable for a European luxury sedan — RepairPal puts average annual repair at about $750 for the S60, a few hundred below the luxury-sedan norm — and Volvo has a stronger independent-specialist and aftermarket ecosystem than most premium European brands. Against that, Consumer Reports ranks Volvo near the bottom of the industry on maintenance and repair cost, and SPA electronic modules are effectively dealer-only because they require software commissioning.
7Technology & InfotainmentMid-pack among this car's ten categories.1.97C-
The third-generation S60 (2018+) uses a single fixed 9-inch portrait Sensus touchscreen across the whole 2021 US trim range; there is no larger option for that model year.
The portrait tablet-style layout is visually distinctive and physical controls are pared to a volume knob and a few hard keys, but Sensus in this generation is repeatedly flagged by reviewers as laggy with a menu structure that buries basic functions, trailing German rivals' systems of the same era.
Apple CarPlay and Android Auto are standard on every 2021 S60 trim, but only via wired USB connection — Volvo did not add wireless projection to the S60 until a later OTA/model-year update, well after 2021.
Sensus Navigation with basic voice-activated destination entry ('Go to [city/address]', 'Take me home') is included on the Momentum volume trim, but the voice assistant only understands a fixed command set rather than natural language, and most owners default to CarPlay/Android Auto maps instead.
The standard 'High Performance' audio system on Momentum is competent but unremarkable; a 14-speaker Harman Kardon premium system with a dedicated subwoofer is available as an upgrade on higher trims/packages and is well-regarded, lifting the ceiling for the range.
A fully configurable 12.3-inch digital driver display is standard on every 2021 S60 trim including the base Momentum — a strong, near-class-leading inclusion for this segment and price point.
Volvo began rolling out OTA updates to select MY2021/2022 US vehicles during this period, but for a gas S60 that scope is infotainment/connectivity software (e.g. the 1.7 update adding SiriusXM) rather than whole-vehicle or propulsion updates, which were reserved for the electrified XC40 Recharge.
Volvo On Call is standard and covers remote lock/unlock, vehicle locate, and status/notifications through the app, but there is no phone-as-key/digital key on the S60 in this generation and some convenience functions run on a subscription after an initial trial.
Two USB-C ports under the center display plus two more USB-C ports in the rear tunnel console are standard (four total), and an inductive Qi wireless charging pad is available as part of an options package — solid, modern port provisioning for the segment.
Full passive entry (proximity unlock via touch-sensitive door handle) and push-button start are standard across the North American SPA-platform S60 lineup, including the base Momentum — but there is no phone-as-key option in this generation.
A rear-view park-assist camera is standard, but the 360-degree surround camera and Park Assist Pilot automated parking are bundled into the optional Advanced Package rather than included on the volume Momentum trim.
A graphical head-up display is offered on the 2021 S60 only as part of the optional Advanced Package, not standard on the Momentum volume trim.
8Use-Case FitOne of the S60's weakest categories.1.28D
Rear legroom (35.2 in) and a wide-opening rear door are workable for child seats, but the IIHS rates the S60's LATCH anchors only "Acceptable" (not "Good") for ease of use, and the sedan trunk/pass-through gives no flat-load or stroller-friendly hatch advantage over crossovers in the segment.
The 2021 S60 is an IIHS Top Safety Pick+ with Good ratings across all six crashworthiness tests and a 5-star NHTSA overall rating, and forward collision warning, automatic emergency braking (incl. pedestrian/cyclist detection), blind-spot monitoring, lane-keeping aid and rear automatic braking are all standard on the base Momentum trim, not paywalled to a higher tier.
Rear seat space is competitive (35.2 in legroom) and Volvo's seats are well regarded for long-trip comfort, but the 11.6 cu ft trunk is small for the class (BMW 3 Series ~17 cu ft, Mercedes C-Class ~12.6 cu ft), and rear amenities like vents/USB depend on trim/options rather than being universal.
The T5 FWD's turbo-four and 8-speed automatic are tuned for smooth, relaxed low-speed manners rather than sportiness, with light steering and a comfort-biased ride that reviewers consistently praise for effortless daily use; visibility is good for a low-slung sedan.
27 mpg combined for the volume T5 FWD trim trails class rivals with similarly sized turbo fours (BMW 330i ~30 combined, Audi A4 ~29 combined), making per-mile commuting cost average-to-below-average rather than a strength.
At 182.6 in long the S60 is a compact-footprint sedan that's easy to place in city traffic and tight spaces; a rearview camera is standard but front/rear parking sensors and a 360-degree camera are optional, so ease scales with trim.
As a sedan the S60 has no bed and only a modest 2,000 lb dead-weight tow rating intended for light trailers (bike racks, small utility trailers), well short of anything usable for real jobsite work.
J.D. Power's predicted reliability score of 78/100 ("Average") is unremarkable, and as a luxury sedan the S60 isn't built or trimmed for hard commercial use — no fleet-duty reputation exists for this platform.
A leather/textile-trimmed luxury sedan interior with a conventional trunk offers essentially no tie-down points, washable surfaces, onboard power for tools, or upfit ecosystem — this use case is entirely outside the vehicle's design intent.
Volvo's comfort-tuned seats and quiet cabin make the S60 a capable mile-eater, and a 14.5-gallon tank at 27 mpg combined yields roughly 380-390 miles of range, but the base Momentum trim lacks standard Pilot Assist steering assistance (a $4,200 Advanced package option), so fatigue-reduction tech isn't included by default.
Ground clearance of just 5.8 in and a low sedan body rule out meaningful off-pavement use; AWD is available as an option on T5/T6 but isn't standard on the volume FWD trim, and there are no roof rails or camping-oriented features (those belong to the V60 wagon body style).
A power-folding split rear seatback with a load-through hatch helps with longer, narrow items, but the fixed 11.6 cu ft trunk opening and lack of roof rails or underfloor storage make bulky gear a genuine squeeze compared to wagon/SUV rivals.
9Driving ExperienceMid-pack among this car's ten categories.2.22C
Third-generation S60 (unchanged 2019-2021 platform) is composed and secure through corners with minimal body lean and confident grip on the standard chassis, but it is tuned for comfort over outright engagement and trails the BMW 3 Series/Alfa Romeo Giulia benchmarks at the limit.
Steering is quick and accurate on-center and reviewers praised its precision through twisty roads, but it remains light in weighting with limited road-surface feedback, a recurring critique of this generation's electric power steering tune.
The T5's conventional hydraulic brakes (no hybrid regen blending, unlike the T8 Recharge) are easy to modulate in daily driving with a natural pedal and adequate stopping power for the class; no fade or grabbiness reported.
The 250-hp T5 turbo-four paired with the 8-speed automatic accelerates strongly with quick standing-start response and smooth shifts in Comfort mode; 2021 predates the 48V mild-hybrid B5/B6 update (introduced for MY2022), so there is more turbo lag and less low-speed smoothing than later model years. One press test also reported isolated episodes of severe rough running on the test car, an outlier not corroborated elsewhere but noted for confidence.
Well-isolated and quiet at cruise thanks to a hushed cabin, but the turbocharged four grows audible and slightly coarse under hard acceleration, typical of the segment and unchanged from this generation's established character.
Third-generation S60 curb-to-curb turning circle of roughly 11.7 m; unchanged since the platform's 2019 model-year introduction and carried into 2021. Midpack-to-tight for a compact luxury sedan.
Highly adjustable, well-bolstered power seats accommodate a broad range of body types with a low, sporty-for-a-sedan driving position, and outward visibility is a strong point thanks to slim door mirrors and low beltline; the main demerit is Volvo's touchscreen-heavy Sensus layout burying some secondary controls.
Pleasant and confidence-inspiring on a back road with a 'delightful' ride and strong T5 acceleration, but overall the 2021 S60 prioritizes comfort, safety and refinement over the involvement of the 3 Series or Giulia — competent and enjoyable transport rather than an enthusiast's pick.
10Value & Market PositionOne of the S60's strongest categories.2.71B-
Base 2021 S60 T5 Momentum ($37,750) includes Volvo's Pilot Assist semi-autonomous driving aid, full LED headlights, City Safety with pedestrian/cyclist detection, 9-inch Sensus touchscreen with Apple CarPlay/Android Auto, heated front seats, and power-adjustable front seats as standard — features BMW 3 Series and Mercedes C-Class often gate behind option packages at their comparable base prices.
Across the range from T5 FWD to the 400-hp T8 Recharge plug-in hybrid and Polestar Engineered eAWD, the S60 delivers strong performance and tech content per dollar versus direct German rivals, though its smaller trunk and firmer optional sport suspension slightly undercut the value proposition at higher trims.
Three trim levels (Momentum, R-Design, Inscription) each offered with T5 FWD/AWD or T6 AWD, plus a T8 Recharge plug-in hybrid AWD and range-topping Polestar Engineered variant, span roughly $37,750 to $65,795 — a wider spread than most compact luxury rivals and the segment's only PHEV performance flagship in 2021.
Traditional three-box sedans were losing share to SUVs industry-wide by 2021, and within Volvo's own US lineup the S60 sold well behind the XC60/XC90 crossovers and behind segment leaders like the BMW 3 Series and Mercedes C-Class; it is a slow seller within its segment despite steady availability from the Ridgeville, SC plant.
Volvo carries a well-regarded, safety-first Scandinavian image with a loyal following, and design/tech leadership from the XC90 halo model lifts the brand, but it sits a notch below the aspirational pull of BMW, Mercedes-Benz and Audi in the compact luxury segment.
As a comparatively slow-selling sedan for the brand, the 2021 S60 was commonly available with meaningful lease specials and dealer incentives (contemporary forum/lease listings show several thousand dollars in drive-off/incentive support relative to MSRP), more negotiable than segment sales leaders that sell closer to sticker.
2021 is a carry-over year in the third-generation S60 (launched for MY2019 on SPA); no exterior facelift or platform change occurred in 2021 — the next meaningful powertrain update (T8 supercharger removal, larger battery) didn't land until MY2022 — so the car is mid-cycle: current SPA architecture and tech, but not freshly redesigned.
The 2021 S60 earned an IIHS Top Safety Pick+ award and was consistently well-reviewed (Edmunds praised its handling and value; US News ranked it #5 of Luxury Small Cars at 8.0/10; The Car Connection scored it 7.7/10), but reviewers routinely noted it trails the BMW 3 Series in outright driving engagement and is rarely the outright winner of head-to-head comparison tests.
