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2021 Volvo XC60 Prices: MSRP vs Dealer Invoice vs True Dealer Cost

2021 Volvo XC60 Invoice Price Guide - Holdback - Dealer Cost - MSRP
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Price terms Used:
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
2021 XC60 - Style: T5 Momentum - 4-Door SUV w/FWD. Powered by a 2L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$41,700
Invoice Price
$39,198
Destination Fee
$995
Holdback
$417
Dealer Cost
$39,776
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2021 XC60 - Style: T5 Momentum - 4-Door SUV w/AWD. Powered by a 2L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$44,000
Invoice Price
$41,360
Destination Fee
$995
Holdback
$440
Dealer Cost
$41,915
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2021 XC60 - Style: T6 Momentum - 4-Door SUV w/AWD. Powered by a 2L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$47,500
Invoice Price
$44,650
Destination Fee
$995
Holdback
$475
Dealer Cost
$45,170
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2021 XC60 - Style: T5 R-Design - 4-Door SUV w/FWD. Powered by a 2L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$47,850
Invoice Price
$44,979
Destination Fee
$995
Holdback
$479
Dealer Cost
$45,496
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2021 XC60 - Style: T5 Inscription - 4-Door SUV w/FWD. Powered by a 2L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$49,200
Invoice Price
$46,248
Destination Fee
$995
Holdback
$492
Dealer Cost
$46,751
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2021 XC60 - Style: T5 R-Design - 4-Door SUV w/AWD. Powered by a 2L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$50,150
Invoice Price
$47,141
Destination Fee
$995
Holdback
$502
Dealer Cost
$47,635
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2021 XC60 - Style: T5 Inscription - 4-Door SUV w/AWD. Powered by a 2L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$51,500
Invoice Price
$48,410
Destination Fee
$995
Holdback
$515
Dealer Cost
$48,890
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2021 XC60 - Style: T6 R-Design - 4-Door SUV w/AWD. Powered by a 2L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$53,650
Invoice Price
$50,431
Destination Fee
$995
Holdback
$537
Dealer Cost
$50,890
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2021 XC60 - Style: T6 Inscription - 4-Door SUV w/AWD. Powered by a 2L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$55,000
Invoice Price
$51,700
Destination Fee
$995
Holdback
$550
Dealer Cost
$52,145
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2021 XC60 Recharge - Style: Hybrid Plug-in T8 Inscription Expression - 4-Door SUV w/eAWD. Powered by a 2L, 4 Cylinder, Gas/Electric Engine w/ Automatic Transmission.
MSRP
$53,500
Invoice Price
$50,290
Destination Fee
$995
Holdback
$535
Dealer Cost
$50,750
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2021 XC60 Recharge - Style: Hybrid Plug-in T8 R-Design - 4-Door SUV w/eAWD. Powered by a 2L, 4 Cylinder, Gas/Electric Engine w/ Automatic Transmission.
MSRP
$59,650
Invoice Price
$56,071
Destination Fee
$995
Holdback
$597
Dealer Cost
$56,470
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2021 XC60 Recharge - Style: Hybrid Plug-in T8 Inscription - 4-Door SUV w/eAWD. Powered by a 2L, 4 Cylinder, Gas/Electric Engine w/ Automatic Transmission.
MSRP
$61,000
Invoice Price
$57,340
Destination Fee
$995
Holdback
$610
Dealer Cost
$57,725
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2021 XC60 Recharge - Style: Hybrid Plug-in T8 Polestar - 4-Door SUV w/eAWD. Powered by a 2L, 4 Cylinder, Gas/Electric Engine w/ Automatic Transmission.
MSRP
$69,500
Invoice Price
$65,330
Destination Fee
$995
Holdback
$695
Dealer Cost
$65,630
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Price Tip:
To avoid overpaying on a new Volvo XC60, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services; Car Clearance Deals,   NADAguides,   MotorTrend &   CarsDirect
These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.
Volvo Price Guides:
Volvo XC60 Overview:

The Volvo XC60 is a perfect example of what a luxury SUV can be. This model is spacious, stylish, and sophisticated. Customers will appreciate that Volvo offers three different powertrains with the XC60, and there are several trims to choose from as well. The bottom line is that the 2021 Volvo XC60 will likely appeal to consumers who want to treat themselves to refined, high-quality vehicles that handle themselves well.

What’s New for 2021?

For this model year, the XC60 has been updated in several different ways. Blind spot and rear cross traffic alert have become standard parts of the safety package. All trims now have wireless charging and LED headlights. On the R-Design trim, the exterior design has been tweaked a bit with black accents, and the Inscription trim can now come with massaging front seats. One other thing is that the electric version of the XC60, which used to be called the T8, is now called the Recharge.

Engine and Performance

As mentioned, Volvo has made three powertrains available on the XC60, and the type of powertrain the SUV gets depends on the model selected. The T5 versions of the XC60 run on two-liter turbocharged engines. These engines perform nicely, generating 250 horsepower and over 250 pound-feet of torque. A T5 can either be equipped with front-wheel or all-wheel drive.

One step up from the T5 is the T6, which is exclusively paired with all-wheel drive. The T6 model uses a two-liter turbocharged and supercharged engine. Due to its higher quality design, it can churn out 316 horsepower and nearly 300 pound-feet of torque.

Towing capacity in the T5 and T6 models is 3,500 pounds. Even though there's a somewhat significant difference in power, they have relatively similar fuel economies. A front-wheel-drive T5 can earn an estimated 22/29 (city/highway) miles per gallon (mpg). Those numbers drop to 21/28 mpg when the T5 comes with all-wheel drive, and they drop to 20/27 mpg on the T6 model.

The third choice for powertrain is an electric version. The Recharge, formerly called the T8, has a two-liter turbocharged and supercharged engine like the T6 has. It also has an electric motor that gives it an extra boost. The standard Recharge can earn up to 400 horsepower and almost 475 pound-feet of torque. This is quite impressive on its own, but what's even better is that the Recharge Polestar can generate 415 horsepower.

Safety

Volvos are known for being safe and reliable, and the new XC60s certainly live up to that standard. All trims of the XC60 come with an array of driver-assist technology that allow the SUV to look out for problems and take action when appropriate. These vehicles can center themselves in a lane, hit the brakes to prevent a frontal collision, and turn their high beams on when it's particularly dark on the roads. They can also alert the driver to the presence of vehicles in blind spots.

There's an available package that takes some of the lower trims up to the level of the higher trims in this department. This package could add steering assist, an adaptive cruise control system, and traffic jam assist to the list of standard features in the Volvo.

Trims

The Momentum is the most basic trim available. That being said, it's not what most people would consider "basic" by any means. Its cabin comes with leather seats, wood inlays, and a nine-inch touchscreen with Apple CarPlay and Android Auto.

The R-Design has a slightly more aggressive appearance, with black mirror covers and a gloss black mesh grille. It has Nappa leather seats and metal mesh inlays in the cabin. It drives a little different than the Momentum because it has a sport chassis. This results in sharper handling, more like what one might find in a sports car.

In the Inscription, there are even more upgrades that make this trim feel very upscale. Heated and ventilated Nappa leather seats can provide a lot of comfort to the driver and front passenger, and everyone can appreciate the driftwood interior trim, premium sound system, and chrome accents. Navigation and a four-zone climate system are some example of the high-tech features incorporated into the Inscription.

The Recharge Polestar Engineered tops the list of available XC60s. This is the most premium model, not just because it's the most powerful. It has refined elements inside and out, starting with unique wheels that are lightweight and sporty. Audio coming through the Bowers & Wilkins speakers is crystal clear, and with numerous advanced safety systems, drivers will know exactly how they're doing at every moment.

How to Calculate The Dealer Cost of a Volvo XC60:

Formula for Calculating Dealer Cost:

  • Example: Base Volvo XC60 invoice price + the dealer Invoice price of options + destination - Holdback = Total Dealer Cost.
  • What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.

Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here.)

Note: All Volvo XC60 MSRP, invoice and dealer cost dollar figures above are approximate amounts. Prices are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.

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