√Volvo Australia prices rise by up to $4000

Prices across all but two new Volvo models in Australia have increased by up to $4000 for the new year.

Volvo Australia has increased prices across 15 of its 17 models for the start of 2023.

In effect from 1 January 2023, prices have increased by between $500 and $4000 across most models in the C40, XC40, XC60, XC90, S60 and V60 Cross Country model ranges.

A Volvo Australia spokesperson told Drive the price increases are due to “the cost of raw materials and logistics” rather than an additional features or technology.

The Volvo XC40 Plus B4 and Ultimate B4 Bright have received the smallest increases, at $500 each, while the XC90 Recharge Ultimate T8 Plug-in Hybrid has been hit with the largest increase, of $4000.

Two models have escaped price increases for January 2023 – the XC60 Plus B5 and Ultimate B5 Bright mid-size SUVs.

A full list of prices for the Volvo Australia model range is below – accurate as of January 2023.

Model	December 2022	January 2023	Increase
C40 Recharge Single Motor	$74,990	$75,990	$1000
C40 Recharge Twin Motor	$82,490	$83,490	$1000
S60 Ultimate B5 Bright	$65,990	$66,990	$1000
V60 Cross Country Ultimate B5 Bright	$68,490	$69,490	$1000
XC40 Plus B4	$52,990	$53,490	$500
XC40 Ultimate B4 Bright	$59,990	$60,490	$500
XC40 Ultimate B5 Dark	$63,990	$64,990	$1000
XC40 Recharge Plus Pure Electric Single Motor	$72,990	$73,990	$1000
XC40 Recharge Ultimate Pure Electric Twin Motor	$79,490	$81,490	$2000
XC60 Plus B5	$72,990	$72,990	No change
XC60 Ultimate B5 Bright	$79,990	$79,990	No change
XC60 Ultimate B6 Dark	$85,990	$86,990	$1000
XC60 Recharge Ultimate T8 Plug-in Hybrid	$100,990	$101,990	$1000
XC90 Plus B5	$92,990	$95,990	$3000
XC90 Ultimate B6 Bright	$102,990	$105,990	$3000
XC90 Ultimate B6 Dark	$104,990	$107,990	$3000
XC90 Recharge Ultimate T8 Plug-in Hybrid	$121,990	$125,990	$4000