Lexus NX vs Volvo XC60
Value retention, real cost and monthly money, compared on the same 2026 South African data.
Too close to call on resale: both keep about 61% of their value over three years. Decide on the deal, not the badge.
Both curves, one chart
Head to head
| NX | XC60 | |
|---|---|---|
| New price (from) | R 1 074 200 | R 1 058 400 |
| ±Monthly instalment | R 18 775/m | R 18 499/m |
| Retained after 1 year | 80% | 80% |
| Retained after 3 years | 61% | 61% |
| Value after 3 years | R 657 662 | R 647 989 |
| Lost to depreciation (3y) | R 416 538 | R 410 411 |
| Value after 5 years | R 490 729 | R 483 511 |
| Our tier | Premium (established) | Premium (established) |
Lexus NX →
Since launching in 2015 the NX has become the volume seller in the Lexus SA range. The second generation offers turbopetrol, hybrid and plug-in hybrid power, and it is the most listed Lexus on the used market. Resale holds up better than most rivals thanks to the reliability reputation and long maintenance plan.
Known for: best-selling lexus suv locally
Volvo XC60 →
On sale in South Africa since 2009 across two generations, the XC60 is Volvo's rival to the X3 and GLC. Current mild-hybrid models start at about R1.06m, while older used stock is dominated by D5 diesels. A strong safety reputation supports steady used demand.
Known for: safe, comfortable alternative to german suvs
Common questions
Which holds value better, the Lexus NX or the Volvo XC60?
They are close to inseparable: 61% vs 61% retained after three years. Buy on price, spec and the deal you can get, not on resale.
Which is cheaper to own over three years?
Depreciation is the biggest ownership cost. The Lexus NX loses about R 416 538 over three years and the Volvo XC60 loses about R 410 411. Fuel, insurance and servicing can narrow or widen that, but the depreciation gap is the number to start from.
What do they cost per month?
On typical finance (10% deposit, 72 months, 11.75%), the Lexus NX runs about R 18 775 per month and the Volvo XC60 about R 18 499, before fees and insurance.
Keep going
Modelled estimates on a retail basis; spec levels and real transaction prices vary.