Mazda CX-60 vs Volvo XC60
Value retention, real cost and monthly money, compared on the same 2026 South African data.
The Mazda CX-60 wins on money kept: 65% retained after three years vs 61%, worth about R 134 101 at trade-in time.
Both curves, one chart
Head to head
| CX-60 | XC60 | |
|---|---|---|
| New price (from) | R 790 200 | R 1 058 400 |
| ±Monthly instalment | R 13 811/m | R 18 499/m |
| Retained after 1 year | 81% | 80% |
| Retained after 3 years | 65% | 61% |
| Value after 3 years | R 513 888 | R 647 989 |
| Lost to depreciation (3y) | R 276 312 | R 410 411 |
| Value after 5 years | R 402 275 | R 483 511 |
| Our tier | Mainstream | Premium (established) |
Mazda CX-60 →
The CX-60 became Mazda's local flagship when it reached dealers in May 2023, using a rear-biased platform with 2.5 petrol and later 3.3 turbodiesel power. Pricing puts it against German premium mid-sizers, a tough ask for the badge. Expect steeper depreciation than mainstream Mazdas because of that positioning.
Known for: premium-priced flagship suv
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 Mazda CX-60 or the Volvo XC60?
The Mazda CX-60. It keeps about 65% of its price after three years against 61% for the Volvo XC60, a gap of 4 points.
Which is cheaper to own over three years?
Depreciation is the biggest ownership cost. The Mazda CX-60 loses about R 276 312 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 Mazda CX-60 runs about R 13 811 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.