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Getting exxy, XC? Volvo prices bumped up across the SUV range for 2023 as it hunts Genesis, Lexus, BMW and more

Some of Volvo's models, like the XC60, have copped price increases of more than $2000 over last year's sticker price.

Pricing is up across the range for most of Volvo’s new-car offerings for 2023, with the adjustment meaning some models are thousands of dollars more expensive.

Only two variants have escaped the pricing changes, two lower specifications of the popular XC60 mid-size SUV.

The XC60 Plus B5 remains $72,990 as the entry price to the model, before on-road costs, and the step-up XC60 Ultimate B5 Bright is still $79,990.

The most affordable model in Volvo’s range remains the XC40, with its front-wheel-drive Plus B4 variant up $500 to $53,490 before on-roads.

Like all ‘B4’ Volvos, it makes 145kW and 300Nm from a turbocharged 2.0-litre four-cylinder petrol engine.

At the other end of the range is the Volvo XC90 with three of its four variants $3000 more expensive than last year, aside from the $125,990 Ultimate T8 plug-in hybrid which is $4000 more expensive than in 2022.

For that, buyers do however benefit from 340kW and 709Nm, and a 0-100km/h sprint of 5.3 seconds.

The XC60 Recharge is up by 00.

The electric Volvo C40 models are both up by just $1000, the 170kW Recharge Pure is now $75,990 and the 300kW Twin Pure is $83,490.

A Volvo Australia spokesperson confirmed to CarsGuide that pricing was changed as of January 1 2023, with full 2023 pricing tables and changes below.

2023 Volvo S60 pricing before on-road costs

S60 Ultimate B5 AWDAutomatic$66,990 (+$1000)

2023 Volvo V60 Cross Country pricing before on-road costs

V60 Ultimate B5 Cross CountryAutomatic$69,490 (+$1000)

2023 Volvo XC40 pricing before on-road costs

XC40 Plus B4 FWDAutomatic$53,490 (+$500)
XC40 Ultimate B4 Bright AWDAutomatic$60,490 (+$500)
XC40 Ultimate B5 Dark AWDAutomatic$64,990 (+$1000)
XC40 Recharge Pure ElectricAutomatic$73,990 (+$1000)
XC40 Recharge Twin Pure ElectricAutomatic$81,490 (+$2000)

2023 Volvo C40 pricing before on-road costs

C40 Recharge Pure ElectricAutomatic$75,990 (+$1000)
C40 Recharge Twin Pure ElectricAutomatic$83,490 (+$1000)

2023 Volvo XC60 pricing before on-road costs

XC60 Plus B5 AWDAutomatic$72,990
XC60 Ultimate B5 Bright AWDAutomatic$79,990 
XC60 Ultimate B6 Dark AWDAutomatic$86,990 (+$1000)
XC60 Recharge T8 Plug-in Hybrid AWDAutomatic$101,990 (+$1000)

2023 Volvo XC90 pricing before on-road costs

XC90 Plus B5 AWDAutomatic$95,990 (+$3000)
XC90 Ultimate B6 Bright AWDAutomatic$105,990 (+$3000)
XC90 Ultimate B6 Dark AWDAutomatic$107,990 (+$3000)
XC90 Recharge Ultimate T8 Plug -In AWDAutomatic$125,990 (+$4000)
Chris Thompson
Racing video games, car-spotting on road trips, and helping wash the family VL Calais Turbo as a kid were all early indicators that an interest in cars would stay present in Chris’ life, but loading up his 1990 VW Golf GTI Mk2 and moving from hometown Brisbane to work in automotive publishing in Melbourne ensured cars would be a constant. With a few years as MOTOR Magazine’s first digital journalist under his belt, followed by a stint as a staff journalist for Wheels Magazine, Chris’ career already speaks to a passion for anything with four wheels, especially the 1989 Mazda MX-5 he currently owns. From spending entire weeks dissecting the dynamic abilities of sports cars to weighing up the practical options for car buyers from all walks of life, Chris’ love for writing and talking about cars means if you’ve got a motoring question, he can give you an answer.
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