I own an 2022 XC60 momentum in the same B6 spec.
One of the main reasons for buying this for the wife was for school runs and holidays, these cars are safe and solid, built like brick shit houses -
VOLVO vs ROLLS
I've seen an XC60 that ran into a polo and the VW was unrecognizable.
In terms of fuel economy, dont believe the sales talk, they're not light on fuel. My wife averages anywhere between 10 and 13l/100km with the daily school runs and her appointments.
My opinion, they're incredibly comfortable and safe. Not near as fun or engaging to drive as something like an X5.
In terms of resale, its laughable, probably worse than BMW. I purchased mine new for +-1.1million in 2022 and end of last year 2023 (1.5 years later) Volvo offered R750k on a trade in

. (30k km's in new condition not a single scratch)
Extending the motor plan is currently more than my F90 competition. +-60k for an additional 2 years whereas the M5 was around 50k for 2 more years.
I would definitely recommend the Volvo depending on what you're looking for and what your needs are.
The X5 will have the fun factor, that the Volvo lacks in spades