Where Volvo screwed up on the car is they should have made the Euro 2.0L Turbo available here in the states. With a .28Cd, 29 MPG on the highway is a joke. The S60 3,500 lb plus weight is also a downer.
My 97 960 has a 24 Valve 2.9L six cylinder. I can easily pull 28-29 mpg at 65 mph. It also weighs in at 3500 plus lbs and has a .36 Cd vs the .28 Cd on the S60.
Volvo had a winner on it's hands and blew it with the fuel economy.
The S60 AWD's get 19 mpg combined and lucky to see 25 on the highway.
BTW I've owned Turbo Volvo's since February 1981.
The upside of the S60 is the depreciation is so high on the car that they are a real bargain if your buying used and know where to look. It is a really nice car and I thought about grabbing one used but the fuel mileage was the deal breaker as the say.
This should give you an idea of the kind of deal you can get on one.
blueknobauto-Volvo