New Volvo XC40 vs used Volvo XC60 – costs
The XC40 may be relatively new on our roads but it’s still possible to negotiate a discount on one, according to our Target Price team. For the time being our chosen XC40 is the 2.0 D4 diesel-engined car in the high-spec R-Design trim, a choice that inevitably makes it quite an expensive purchase new, although upcoming versions of the XC40 with different engines may yet mean a revision on our favourite version. It’s possible to get our car for a discounted £33,470, at the time of writing, which is about £1000 less than the price you’d pay for a similarly equipped and very clean year-old XC60 with an average mileage on it. It’s worth bearing in mind that some of the XC60’s initial first-year depreciation will have been taken out of it at this stage, of course.
Both cars are too new for exhaustive reliability data but the previous XC60 fared well in our most recent survey, and Volvo as a brand scored a little below average, finishing in 25th place out of 32 manufacturers. The XC40 comes with a three-year, 60,000-mile warranty, including roadside assistance, par for the course in its class, while the XC60 would have the residue of the same warranty, with two years’ worth left.
According to the on-paper figures, the XC40 should be a little cheaper to run, too, with a claimed average fuel consumption of 56.5mpg against the XC60’s 53.3mpg, although both cars annual road tax should work out the same.
New Volvo XC40 vs used Volvo XC60 – alternatives
The XC40 is not short of competition in the family SUV class. The BMW X1 is likewise a classy and refined premium car with a spacious and practical interior. It also handles well and has the magnificent BMW iDrive infotainment system. Countered against that, it can be a little noisy, with too much road noise, and the ride is quite firm.
The Volkswagen Tiguan has a spacious and practical interior, too, and is also good to drive. It’s a well equipped car, although it lacks the XC40’s style factor.
Competition among the larger SUVs is equally as stiff, with the XC60’s used car rivals including the Audi Q5 and the BMW X3. For the money of our two Volvos you should be able to source a year-old example of the latest version of the Q5, one of our favourite SUVs. This is a superbly refined car, with a classy and practical interior. It might not set your heart on fire to drive, but it’s an excellent all-round package, even used.
This money will also easily buy you a year-old example of the BMW X3, a car that’s good to drive and has a smart interior, although it has just been superseded by a newer variant.