Lexus NX Hybrid vs Volvo XC60: cost to own

Verdict, over 6 years

The Lexus NX Hybrid costs about $2,729 less

That's $38 a month. Closest matching trims: same fuel and drive where possible.
NX Hybrid 350h✓ $1,473/moTrue cost
XC60 Core B5 AWD Mild hybrid (Gas)$1,511/moTrue cost
2026 Lexus NX Hybrid
2026 Lexus NX Hybrid
Closest matching trim: NX Hybrid 350h
Sticker (MSRP)$58,025
+$11,338→↓Freight, fees, HST
Drive away$69,363
+ running costs→↓− $31,749 resale
True cost$1,473/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)✓ $58,025$58,100NX Hybrid by $75
Freight and fees, before tax✓ $3,358$3,919NX Hybrid by $561
Sales tax (HST)✓ $7,980$8,062NX Hybrid by $82
Drive-away price✓ $69,363$70,081NX Hybrid by $718
Running costs, 6 years
Fuel or charging✓ $10,044$15,233NX Hybrid by $5,189
Insurance (estimate)$17,619✓ $14,187XC60 by $3,432
Maintenance (estimate)$13,038✓ $11,375XC60 by $1,663
Loan rate6.5%6.5%—
Loan interest✓ $13,536$13,688NX Hybrid by $152
Lost return on your money✓ $14,118$14,256NX Hybrid by $138
Resale after 6 yrs✓ −$31,749−$30,123NX Hybrid by $1,626
Total
True cost✓ $106,060$108,789NX Hybrid by $2,729
True cost a month✓ $1,473/mo$1,511/moNX Hybrid by $38
You pay each month✓ $1,648/mo$1,662/moNX Hybrid by $14
Practical
Fuel typeHybridHybrid—
Seats55—
Carry-ons, 2 people55—
Towing, lb2,000✓ 3,500—
Built in CanadaCambridge, ON——
Cargo behind row 2, litres✓ 643613—
Length4.66 m4.71 m—
Ground clearance19 cm——
Resale % after 6 yrs✓ 55%52%—
US crash testNot rated yet✓ 5★ (closest version)—
European crash test✓ 5★ (2022)——
Price
Sticker (MSRP)
NX Hybrid 350h ✓ $58,025XC60 Core B5 AWD Mild hybrid (Gas) $58,100Cheaper by NX Hybrid by $75
Freight and fees, before tax
NX Hybrid 350h ✓ $3,358XC60 Core B5 AWD Mild hybrid (Gas) $3,919Cheaper by NX Hybrid by $561
Sales tax (HST)
NX Hybrid 350h ✓ $7,980XC60 Core B5 AWD Mild hybrid (Gas) $8,062Cheaper by NX Hybrid by $82
Drive-away price
NX Hybrid 350h ✓ $69,363XC60 Core B5 AWD Mild hybrid (Gas) $70,081Cheaper by NX Hybrid by $718
Running costs, 6 years
Fuel or charging
NX Hybrid 350h ✓ $10,044XC60 Core B5 AWD Mild hybrid (Gas) $15,233Cheaper by NX Hybrid by $5,189
Insurance (estimate)
NX Hybrid 350h $17,619XC60 Core B5 AWD Mild hybrid (Gas) ✓ $14,187Cheaper by XC60 by $3,432
Maintenance (estimate)
NX Hybrid 350h $13,038XC60 Core B5 AWD Mild hybrid (Gas) ✓ $11,375Cheaper by XC60 by $1,663
Loan rate
NX Hybrid 350h 6.5%XC60 Core B5 AWD Mild hybrid (Gas) 6.5%Cheaper by —
Loan interest
NX Hybrid 350h ✓ $13,536XC60 Core B5 AWD Mild hybrid (Gas) $13,688Cheaper by NX Hybrid by $152
Lost return on your money
NX Hybrid 350h ✓ $14,118XC60 Core B5 AWD Mild hybrid (Gas) $14,256Cheaper by NX Hybrid by $138
Resale after 6 yrs
NX Hybrid 350h ✓ −$31,749XC60 Core B5 AWD Mild hybrid (Gas) −$30,123Cheaper by NX Hybrid by $1,626
Total
True cost
NX Hybrid 350h ✓ $106,060XC60 Core B5 AWD Mild hybrid (Gas) $108,789Cheaper by NX Hybrid by $2,729
True cost a month
NX Hybrid 350h ✓ $1,473/moXC60 Core B5 AWD Mild hybrid (Gas) $1,511/moCheaper by NX Hybrid by $38
You pay each month
NX Hybrid 350h ✓ $1,648/moXC60 Core B5 AWD Mild hybrid (Gas) $1,662/moCheaper by NX Hybrid by $14
Practical
Fuel type
NX Hybrid 350h HybridXC60 Core B5 AWD Mild hybrid (Gas) HybridCheaper by —
Seats
NX Hybrid 350h 5XC60 Core B5 AWD Mild hybrid (Gas) 5Cheaper by —
Carry-ons, 2 people
NX Hybrid 350h 5XC60 Core B5 AWD Mild hybrid (Gas) 5Cheaper by —
Towing, lb
NX Hybrid 350h 2,000XC60 Core B5 AWD Mild hybrid (Gas) ✓ 3,500Cheaper by —
Built in Canada
NX Hybrid 350h Cambridge, ONXC60 Core B5 AWD Mild hybrid (Gas) —Cheaper by —
Cargo behind row 2, litres
NX Hybrid 350h ✓ 643XC60 Core B5 AWD Mild hybrid (Gas) 613Cheaper by —
Length
NX Hybrid 350h 4.66 mXC60 Core B5 AWD Mild hybrid (Gas) 4.71 mCheaper by —
Ground clearance
NX Hybrid 350h 19 cmXC60 Core B5 AWD Mild hybrid (Gas) —Cheaper by —
Resale % after 6 yrs
NX Hybrid 350h ✓ 55%XC60 Core B5 AWD Mild hybrid (Gas) 52%Cheaper by —
US crash test
NX Hybrid 350h Not rated yetXC60 Core B5 AWD Mild hybrid (Gas) ✓ 5★ (closest version)Cheaper by —
European crash test
NX Hybrid 350h ✓ 5★ (2022)XC60 Core B5 AWD Mild hybrid (Gas) —Cheaper by —

✓ marks the better figure. Resale for both is typical for their type and brand (unless you lease). Their stickers differ by $75.