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Volvo S60 2023: prices up $3500 for Swedish luxury sedan


The Volvo S60 will be pricier for 2023, with its single grade now $65,990 before on-road costs

Swedish carmaker Volvo has increased prices across its model lineup for 2023, and the only sedan it sells in Australia – the midsize S60 – has become more costly.

The sole S60 Ultimate B5 Bright variant is up $3500 on the outgoing and now discontinued S60 B5 Inscription that cost $62,490 before on-road costs. 

Volvo has enacted price increases across their range, including the V60 Cross Country, XC60 SUV and XC90 large SUV.

2023 Volvo S60 front view
The Volvo S60 is available in only one variant here in Australia

The new Ultimate B5 Bright S60 is now available to buy through Volvo’s website or through their dealership network.

Standard equipment on the 2023 Volvo S60

Equipment on the Volvo S60 Ultimate includes:

  • Leather accented upholstery 
  • Leather-free synthetic steering wheel
  • Four-zone climate control
  • 12-inch driver display 
  • 9.0-inch central touchscreen
  • Auto-dimming rear view mirror
  • Rain sensing wipers 
  • Head-up display
  • Full LED headlights 
  • 19-inch five spoke alloy wheels
  • Panoramic sunroof 
  • Keyless entry 
  • Wireless phone charging 
  • Apple CarPlay  
  • Digital radio
  • ‘High Performance’ sound system
  • Powered driver and front passenger seats
  • Powered lumbar support 
  • Heating for front seats 
2023 Volvo S60 rear 3/4
Australia does not receive the Recharge variant sold elsewhere

Options and extras for the Volvo S60

The only options available for the single-spec Volvo S60 are to do with the car’s sound system. 

Owners can specify a Harmon Kardon premium sound system for $1329 plus on-road fees or a higher-spec Bowers and Wilkins sound system for an additional $2937 plus on-road fees. 

Standard safety equipment on the Volvo S60

The 2023 Volvo S60 comes with dual front, curtain and side airbags as standard.

2023 Volvo S60 on the road
Options include two different sound systems

The sedan was tested by ANCAP back in 2019 and received a five-star rating, however it has not been retested since.

The following safety aids are fitted to the S60 for 2023:

  • Road sign recognition 
  • Lane keeping aid 
  • Incoming lane mitigation 
  • Speed limiter 
  • Tyre-pressure monitoring 
  • Adaptive steering 
The full Volvo lineup

Engine and performance 

The sole engine available is a 2.0-litre turbocharged mild-hybrid four-cylinder petrol engine that produces  183kW/350Nm and powers all four-wheels through Volvo’s all-wheel drive system. An eight-speed automatic transmission is standard. 

Volvo S60 2023: prices in Australia

All prices listed are before on-road costs.

  • Ultimate B5 Bright MHEV: $65,990