Honda Passport vs Volvo XC60: cost to own

Verdict, over 6 years

The Honda Passport costs about $2,363 less

That's $33 a month. Closest matching trims: same fuel and drive where possible.
Passport Trailsport✓ $1,478/moTrue cost
XC60 Core B5 AWD Mild hybrid (Gas)$1,511/moTrue cost
2026 Honda Passport
2026 Honda Passport
Closest matching trim: Passport Trailsport
Sticker (MSRP)$57,090
+$10,985→↓Freight, fees, HST
Drive away$68,075
+ running costs→↓− $30,581 resale
True cost$1,478/moA month to own, after resale
2027 Volvo XC60
2027 Volvo XC60
Closest matching trim: XC60 Core B5 AWD Mild hybrid (Gas)
Sticker (MSRP)$58,100
+$11,981→↓Freight, fees, HST
Drive away$70,081
+ running costs→↓− $30,123 resale
True cost$1,511/moA month to own, after resale

Line by line

Price
Sticker (MSRP)✓ $57,090$58,100Passport by $1,010
Freight and fees, before tax✓ $3,153$3,919Passport by $766
Sales tax (HST)✓ $7,832$8,062Passport by $230
Drive-away price✓ $68,075$70,081Passport by $2,006
Running costs, 6 years
Fuel or charging$19,084✓ $15,233XC60 by $3,851
Insurance (estimate)✓ $13,528$14,187Passport by $659
Maintenance (estimate)✓ $9,096$11,375Passport by $2,279
Loan rate6.5%6.5%—
Loan interest✓ $13,266$13,688Passport by $422
Lost return on your money✓ $13,869$14,256Passport by $387
Resale after 6 yrs✓ −$30,581−$30,123Passport by $458
Total
True cost✓ $106,426$108,789Passport by $2,363
True cost a month✓ $1,478/mo$1,511/moPassport by $33
You pay each month✓ $1,641/mo$1,662/moPassport by $21
Practical
Fuel typeGasHybrid—
Seats55—
Carry-ons, 2 people8+5—
Towing, lb✓ 5,0003,500—
Cargo behind row 2, litres✓ 1,246613—
Length4.86 m4.71 m—
Ground clearance25 cm——
Resale % after 6 yrs✓ 54%52%—
US crash test5★5★ (closest version)—
Price
Sticker (MSRP)
Passport Trailsport ✓ $57,090XC60 Core B5 AWD Mild hybrid (Gas) $58,100Cheaper by Passport by $1,010
Freight and fees, before tax
Passport Trailsport ✓ $3,153XC60 Core B5 AWD Mild hybrid (Gas) $3,919Cheaper by Passport by $766
Sales tax (HST)
Passport Trailsport ✓ $7,832XC60 Core B5 AWD Mild hybrid (Gas) $8,062Cheaper by Passport by $230
Drive-away price
Passport Trailsport ✓ $68,075XC60 Core B5 AWD Mild hybrid (Gas) $70,081Cheaper by Passport by $2,006
Running costs, 6 years
Fuel or charging
Passport Trailsport $19,084XC60 Core B5 AWD Mild hybrid (Gas) ✓ $15,233Cheaper by XC60 by $3,851
Insurance (estimate)
Passport Trailsport ✓ $13,528XC60 Core B5 AWD Mild hybrid (Gas) $14,187Cheaper by Passport by $659
Maintenance (estimate)
Passport Trailsport ✓ $9,096XC60 Core B5 AWD Mild hybrid (Gas) $11,375Cheaper by Passport by $2,279
Loan rate
Passport Trailsport 6.5%XC60 Core B5 AWD Mild hybrid (Gas) 6.5%Cheaper by —
Loan interest
Passport Trailsport ✓ $13,266XC60 Core B5 AWD Mild hybrid (Gas) $13,688Cheaper by Passport by $422
Lost return on your money
Passport Trailsport ✓ $13,869XC60 Core B5 AWD Mild hybrid (Gas) $14,256Cheaper by Passport by $387
Resale after 6 yrs
Passport Trailsport ✓ −$30,581XC60 Core B5 AWD Mild hybrid (Gas) −$30,123Cheaper by Passport by $458
Total
True cost
Passport Trailsport ✓ $106,426XC60 Core B5 AWD Mild hybrid (Gas) $108,789Cheaper by Passport by $2,363
True cost a month
Passport Trailsport ✓ $1,478/moXC60 Core B5 AWD Mild hybrid (Gas) $1,511/moCheaper by Passport by $33
You pay each month
Passport Trailsport ✓ $1,641/moXC60 Core B5 AWD Mild hybrid (Gas) $1,662/moCheaper by Passport by $21
Practical
Fuel type
Passport Trailsport GasXC60 Core B5 AWD Mild hybrid (Gas) HybridCheaper by —
Seats
Passport Trailsport 5XC60 Core B5 AWD Mild hybrid (Gas) 5Cheaper by —
Carry-ons, 2 people
Passport Trailsport 8+XC60 Core B5 AWD Mild hybrid (Gas) 5Cheaper by —
Towing, lb
Passport Trailsport ✓ 5,000XC60 Core B5 AWD Mild hybrid (Gas) 3,500Cheaper by —
Cargo behind row 2, litres
Passport Trailsport ✓ 1,246XC60 Core B5 AWD Mild hybrid (Gas) 613Cheaper by —
Length
Passport Trailsport 4.86 mXC60 Core B5 AWD Mild hybrid (Gas) 4.71 mCheaper by —
Ground clearance
Passport Trailsport 25 cmXC60 Core B5 AWD Mild hybrid (Gas) —Cheaper by —
Resale % after 6 yrs
Passport Trailsport ✓ 54%XC60 Core B5 AWD Mild hybrid (Gas) 52%Cheaper by —
US crash test
Passport Trailsport 5★XC60 Core B5 AWD Mild hybrid (Gas) 5★ (closest version)Cheaper by —

✓ marks the better figure. Resale for both is typical for their type and brand (unless you lease). These trims differ in fuel (gas vs hybrid), which drives part of the gap. Their stickers differ by $1,010.