The Six Cheapest Volvo Cars in 2025

When it comes to luxury cars in India, it is the German car makers that stand out for the opulence and performance of their cars. However, Volvo is one foreign car maker that has curated a unique brand image in the Indian car market; one that sets it apart as a luxury car maker while following its brand ethos of safety. Being a luxury car, Volvo cars demand a certain price tag, but, there is a way you can get them for cheap, and that’s by tapping into the used car market.

Second hand Volvo cars in India can be had for a bargain. Furthermore, Volvo also has its own pre-owned car program called Volvo Selekt. Here, you can find used and cheapest Volvo models in India that are less than five years old. In this article, we will take a look at some of the cheapest Volvo cars in India and foreign markets.

Why do Volvo Cars Stand Out?

Unlike other luxury car brands, Volvo stands out for different reasons, with its primary focus being on safety. Globally, the Swedish car maker has a firm stance on safety. In fact, Volvo was the first car maker to develop the three-point seatbelt, that also introduced in 1959. It’s one of the most basic safety features in cars today, and Volvo kept its patent open so that other car makers could use it as well. In a world where car companies fight to keep their pioneering inventions a secret, Volvo chose to go the opposite way, as it considered the three-point seat belt too important a life-saving feature to not be present in all cars.

Even today, it continues to evolve the dialogue around car safety. The engineers at Volvo use live crash data from all over the world and apply their findings to make safer cars. Not just that, while most car makers are centered around making a safer car for its occupants, Volvo’s approach takes into account pedestrians as well. Using the latest technology, such as ADAS, which the brand has been working on for years, Volvo plans to eliminate accidents involving its cars.

Apart from the keen focus on furthering the safety quotient of its cars, Volvo also follows a minimalist Scandinavian design philosophy that sets its cars apart from the rest. While most car makers use a shouty design language to make their cars stand out, Volvo cars have a sleek design that does not feel cluttered. This philosophy extends to both the exterior and interior design of Volvo cars. The design is also highly functional and embodies a less is more philosophy, giving Volvo cars an understated sense of luxury and elegance.

Top 6 Cheapest Volvo Cars in the World in 2025

Volvo sells many models globally, but we only get four of them in India. Previously though, the Swedish car maker had a bustling line up in the Indian market which even included station wagons. Models like the V40 can be bought in the second hand market, as they are no longer sold by Volvo in India. 

However, to keep things current when finding out about the cheapest Volvo cars of 2025, we have taken into account the global models as well. The prices for these models can vary in different countries due to import and export regulations and we have taken the US prices to keep things consistent.

1. Volvo XC40

Price in INR - Approx. ₹ 36 lakh (converted from US dollar)

The Volvo XC40 has long been the entry level SUV from the Swedish car maker in global markets and is the cheapest Volvo car. As far as India is concerned, the model was discontinued in late 2023. The last recorded price for the Volvo XC40 in India was ₹ 46.40 lakh (ex-showroom) and it was offered in a single variant only. Underneath the bonnet, the XC40 is equipped with a modest 2.0 litre turbocharged petrol engine which is also tethered to a mild hybrid system. The XC40 isn’t the quickest off the line but can hold its own among its rivals. The ride quality of the XC40 has always been known for its perfect balance between feeling comfortable and feeling planted. It feels highly stable on the highways and can also soak in ruts and other imperfections in the road surface with relative ease. 

The Volvo XC40 is a great entry level SUV from the Swedish car maker that can take on many roles. Being a small SUV that is also easy to drive, the XC40 can take on the urban grind with relative ease. It is one of the easier luxury SUVs to drive in bumper-to-bumper traffic. Out on the highway, the driving position feels commanding and offers an unrestricted view of the surroundings making the XC40 quite adept at munching miles. If you are looking to bring home a used Volvo, the XC40 will offer great value for money and used units are priced between ₹ 20 lakh to ₹ 30 lakh.

2. Volvo S60

Price in INR - Approx. ₹ 38 lakh (converted from US dollar)

The Volvo S60 is an entry level sedan from the Swedish car maker in many global markets and is the second cheapest Volvo model. Previously the S60 sedan was also sold in India but it was discontinued in late 2022 due to falling demand. The last recorded price for the Volvo S60 in India was ₹ 45.90 lakh (ex-showroom). The sedan too was only offered in a single variant that was well equipped with features. The powertrain onboard the S60 is also a 2.0 litre turbocharged petrol engine with mild hybrid tech and offers similar performance numbers as that of the XC40 SUV. The ride quality of the S60 is balanced. It can feel stiff over small imperfections in the road at slow speeds, however, once the speed goes up, the suspension does a great job of soaking up imperfections in the road surface and maintaining a poised stance at highway speeds.

The S60 follows a typical sedan design and feels quite stately in its demanour with clean lines and well-defined proportions. The S60 is easy to drive in urban areas, although the low ground clearance means you have to keep an eye out for tall speed breakers and unusually large potholes. When it comes to highway manners, the S60 feels up for the job with its highly comfortable front seats and luxuriously appointed cabin. It can also be enjoyed from the backseat as the seats are highly comfortable and the rear cabin offers enough headroom and legroom to keep taller passengers comfortable. With it no longer on sale in India, you can look at the used car market to get your hands on a pre-owned Volvo S60. Older models of the S60 were also offered with a diesel engine in India and these can be picked up for under ₹ 10 lakh in certain cases. However, well-maintained units can be priced anywhere between ₹15 lakh to ₹ 30 lakh.

3. Volvo EX30

Price in INR - Approx. ₹ 40 lakh (converted from US dollar)

The Volvo EX30 is the smallest offering from the Swedish car maker, but it is still third on this list of cheapest Volvo cars. That’s simply because the EX30 is an electric vehicle and it's more expensive than bigger cars like the XC40 and S60 because of its electric powertrain. The EX30 was launched by Volvo in 2023 and is based on the SEA2 platform, which is also utilised by other cars from the Geely brand. However, the EX30 is yet to make its way to Indian shores. This could largely be because Volvo assembles the models it sells in India in the country itself, and the EX30 production line is currently limited to countries like China and Belgium. As for the powertrain, the EX30 is available in single and dual-motor configurations, with the latter being seriously quick.

If you are looking to bring home the Volvo EX30, you might have to wait a few months as Volvo is in the process of bringing it to India by the end of 2025. That means, that the EX30 won’t be available in the used car market for the next one or two years. However, the EX30 will become the cheapest Volvo car in India and should be priced between ₹ 40 lakh to ₹ 45 lakh. 

4. Volvo XC60

Price in INR - Rs. 70.75 lakh (ex-showroom)

The Volvo XC60 is the fourth cheapest Volvo in 2025 and it is sold in India as well. The XC60 is also assembled in the country itself which is a big reason for its relatively lower price tag, compared to other luxury SUVs of the same size. It is available in only one variant which is priced at ₹ 70.75 lakh (ex-showroom). The XC60 is powered by a 2.0 litre turbocharged petrol engine and it is supplemented by a mild hybrid setup. The total power output rests at 250 PS and 360 Nm, which makes the XC60 reasonably quick. However, if you are looking for the fastest SUVs in this segment, you are better off looking at the XC60’s German rivals. The suspension is set up on the comfortable side. At slower speeds, it soaks in most imperfections in the road but at higher speeds, the XC60 can feel a bit wallowy over uneven road surfaces.

The XC60 makes for a great city SUV as it is spacious and highly comfortable, while not feeling too big at the same time. If you are someone who opts to sit in the back seat, the XC60 can be a great choice for everyday office commutes. The SUV has been sold in India for many years now, and you can find inexpensive used XC60 models in the used car market. Older diesel models of the SUV can be had for an extremely low price of under ₹ 10 lakh, however, these will be close to 10 years old. The best ones are around five years old and can be had for as low as ₹ 30 lakh, whereas relatively newer models that are less than 3 years old cost upward of ₹ 45 lakh.

5. Volvo V60 Cross Country

Price in INR - Approx. ₹ 45 lakh (ex showroom)

The Volvo V60 Cross Country is the fifth cheapest Volvo in 2025, however, it is not sold in India. The V60 nomenclature denotes that it is a station wagon and while Volvo has sold the V40 and V90 in India at different times, the V60 has never reached our shores. The V60 Cross Country comes with AWD (all-wheel drive) as standard and is offered with a 2.0 litre turbocharged petrol engine with mild hybrid tech in foreign markets like the USA. The V60 Cross Country delivers a balance between comfort and handling in its ride quality. Most imperfections are effortlessly tackled by the suspension, and at the same time, the car remains well-balanced in the corners.

The Volvo V60 Cross Country is a great car for those who have various uses for their car. From urban drives to highway journeys, and everything in between, the V60 Cross Country can do it all with relative ease. Plus, its station wagon shape means that the V60 Cross Country is also highly practical and can even be used to shift bigger items like furniture. While the V60 model was never sold in India, the V40 and V90 models were offered at one point in time.

6. Volvo EX40

Price in INR - ₹ 50.10 lakh (ex showroom)

The Volvo EX40 is the electric version of the XC40 SUV - the cheapest Volvo available globally. Due to its electric avatar, the EX40 comes in sixth on this list of cheapest Volvo cars. It is also the second electric car on this list. Previously, the EX40 was known as the XC40 Rechrage, however, Volvo changed the name to ensure differentiation between its internal combustion engine and electric cars. Volvo offers the EX40 with a single electric motor on the rear axle and with 420 Nm of torque on offer, the EX40 is quick off the line. Being an electric SUV, the ride quality has an underlying firmness to it, but most usual imperfections in the road surface are easily gobbled up by the suspension.

The EX40 is spacious and quite easy to drive as well. It is highly comfortable for undertaking urban journeys and the electric range is enough for highway journeys as well. Previously, the EX40 was available in a dual motor configuration as well, which was blisteringly fast, however, it is no longer on sale. This model of the EX40, formerly known as XC40 Recharge, can be found in the used car market for about ₹ 40 lakh to ₹ 45 lakh.

Conclusion

Ultimately, if you are looking for the cheapest Volvo cars, you will have to look at the used car market to find a bargain deal. Alternatively, if you are exclusively looking at the cheapest Volvo cars that you can buy new, the EX40 is your best bet and it is electric as well. However, if EVs aren’t really to your taste because of range issues or any other reason, a new Volvo XC60 is the next cheapest Volvo model for Indian car buyers.