2023 Volvo V60 — Full Specifications
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The 2023 Volvo V60 is an estate/wagon powered by a 2L 4-cyl turbo premium gasoline engine. Its most fuel-efficient configuration returns around 37 mpg (UK) / 31 mpg (US EPA) combined, with 31–37 mpg (UK) across all configurations. Owners often keep a Volvo V60 workshop manual to hand for servicing and repairs.
Compared with the 2022 Volvo V60: Fuel economy improves from 30 to 37 mpg (UK) combined on the most efficient configuration. No longer listed: 2L 4-cyl twin-charged. It carries the same 5★ overall NHTSA rating.
Full Specifications
| Engine | 2L 4-cyl turbo |
|---|---|
| Transmission | Automatic (S8) |
| Fuel Type | Premium Gasoline |
| Powertrain | Plug-in Hybrid |
| Drive | All-Wheel Drive |
| Body Style | Estate/Wagon |
| Passenger Volume (EPA) | 94 cu ft (2,662 L) |
| Luggage Volume (EPA) | 29 cu ft (821 L) |
| Fuel Economy (UK) | 37 combined / 36 urban / 40 extra-urban mpg |
| Fuel Economy (US EPA) | 31 combined / 30 city / 33 highway mpg |
| CO₂ Emissions | 62 g/km |
| EPA Greenhouse Gas Score | 5 / 10 (10 = lowest emissions) |
| EPA Est. Annual Fuel Cost | $2,650 (15,000 mi/yr, US prices) |
Engine & Transmission Options
EPA lists 2 configurations for the 2023 Volvo V60, all with the 2L 4-cyl turbo engine. Combined fuel economy ranges from 26 to 31 mpg (US), or 31 to 37 mpg (UK), depending on engine, transmission and drive. The headline figures at the top of this page describe the most fuel-efficient configuration.
| Engine | Transmission | Drive | MPG (UK) | MPG (US) | CO₂ g/km | Fuel cost / yr |
|---|---|---|---|---|---|---|
| 2L 4-cyl turbo (Hybrid) | Automatic (S8) | All-Wheel Drive | 31 | 26 (23/30) | 211 | $3,150 |
| 2L 4-cyl turbo (Plug-in Hybrid) | Automatic (S8) | All-Wheel Drive | 37 | 31 (30/33) | 62 | $2,650 |
MPG (US) shows combined, with city/highway in brackets. Highlighted row = the configuration used for the headline figures. Source: US EPA fueleconomy.gov.
EPA measures interior passenger volume at 94 cubic feet (about 2,662 litres) and luggage volume at 29 cubic feet (about 821 litres). These are US EPA interior-volume figures; they are measured differently from the boot capacity numbers UK manufacturers quote.
Owner Essentials for the 2023 Volvo V60
Running Costs: 2023 Volvo V60
Covering around 8,000 miles a year in a 2023 Volvo V60 at 37 mpg combined, expect roughly 983 litres of fuel annually — multiply by your local price per litre for a cost estimate. For US owners, the EPA estimates about $2,650 a year in fuel for the most efficient configuration (15,000 miles, national average prices). Work out exact fuel costs with the fuel cost calculator on 247Calculators.
Convert between MPG and L/100km with the unit converters on 247QuickTools. Not sure what tyre size fits? 247TyreCheck explains tyre sizing.
Planning a road trip? Grab a road trip packing list. Only need this car occasionally? See our buy vs rent comparison.
2023 Volvo V60 Safety Ratings (NHTSA)
Recalls & Owner Complaints (NHTSA)
NHTSA lists no safety recall campaigns for the 2023 Volvo V60 as of 6 October 2026. Recalls can be issued years after a model is sold, so it is still worth checking your own VIN.
Owners have filed 3 complaints with NHTSA about the 2023 Volvo V60. The most-reported areas are Lane departure (2), Seat belts (1), Unspecified (1). Complaints include 1 reported crash, 1 reported injury.
Used-buyer checklist for the 2023 Volvo V60
Based on where NHTSA recalls and owner complaints cluster for this model year, these are the areas worth checking before you buy:
- Seat belts (1 owner complaint) — Check every belt latches and retracts properly and that any restraint recalls were completed.
Source: US NHTSA recall and consumer-complaint databases, retrieved 6 October 2026. Complaints are unverified owner reports, not confirmed defects. Check any vehicle by VIN at nhtsa.gov/recalls, and see our guide to checking a used car for recalls.
How It Compares
How does the Volvo V60 compare to similar estate/wagons? For context, estate/wagons in our database average around 34 mpg (UK) combined — this model's 37 mpg figure is 3 mpg better than that average. Its 62 g/km CO₂ figure is 141 g/km lower than the 203 g/km average for estate/wagons on this site. This comparison is based on 194 estate/wagons in our dataset.
Volvo models in our database average about 30 mpg (UK) combined on their most efficient configuration; the 2023 Volvo V60's 37 mpg is 7 mpg above that make average. Its 62 g/km CO₂ figure is 146 g/km lower than the 208 g/km Volvo average.
Of the 12 Volvo V60 model years we cover, the 2023 is the most economical on its best configuration (37 mpg UK combined). See every Volvo V60 year side by side.
Last updated: · Data: US EPA (fueleconomy.gov) and NHTSA safety ratings 18 July 2026; NHTSA recalls and complaints 6 October 2026; Wikidata & curated EU catalogue 18 July 2026; European generation and engine data from Wikipedia 7 October 2026
Vehicle data sourced from manufacturer specifications. Always verify with your vehicle handbook or a qualified mechanic. This is a reference tool, not professional advice.
Recommended Accessories for the 2023 Volvo V60
Frequently Asked Questions
What engine does the 2023 Volvo V60 have?
It's fitted with a 2L 4-cyl turbo premium gasoline engine, paired with a automatic (s8) transmission.
What is the fuel economy of the 2023 Volvo V60?
The most efficient configuration returns around 37 mpg (UK) combined, or 31 mpg on the US EPA cycle. Across all configurations the UK combined figure runs from 31 to 37 mpg.
How much does the 2023 Volvo V60 cost to fuel per year?
The US EPA estimates about $2,650 a year in fuel for the most efficient configuration, based on 15,000 miles of mixed driving and national average fuel prices. Your own cost will depend on mileage and local prices.
Does the 2023 Volvo V60 have a good safety rating?
It holds an overall NHTSA rating of 5 stars, with 4 stars for frontal crash protection.
Does the 2023 Volvo V60 have any recalls?
NHTSA lists no safety recall campaigns for the 2023 Volvo V60 as of 6 October 2026. Recalls can be issued years after a model is sold, so it is still worth checking your own VIN.
What are the most common problems reported for the 2023 Volvo V60?
Among the 3 owner complaints filed with NHTSA, the most-reported areas are Lane departure (2 complaints), Seat belts (1 complaint), Unspecified (1 complaint). Complaints are unverified owner reports, not confirmed defects, and raw counts rise with how many cars were sold.
How much interior and luggage space does the 2023 Volvo V60 have?
EPA measures interior passenger volume at 94 cubic feet (about 2,662 litres) and luggage volume at 29 cubic feet (about 821 litres). These are US EPA interior-volume figures, which are measured differently from the UK boot-capacity numbers manufacturers quote.
Is the Volvo V60's fuel economy good for an estate/wagon?
Yes — it returns around 37 mpg (UK) combined, against a same-body-style average of roughly 34 mpg among the estate/wagons we track, making it one of the more efficient options in its class.