Depreciation
The depreciation graph and accompanying table on our page detail how the 2002 VOLVO C70's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2002 VOLVO C70 in 2002 was $44,100.
The average price for used 2002 VOLVO C70 nowadays in 2024 is $7,995 which is 18% from the original price.
Estimated mileage driven per year is 7,943 miles.
The graph below is a depreciation curve for 2002 VOLVO C70. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2002 VOLVO C70 in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2002 MSRP | 0 mi | $44,100 | — | — | 100% | 0% |
| 2013 | 95,316 mi | $15,000 | +$0 | +0% | 34.01% | 65.99% |
| 2014 | 103,259 mi | $11,900 | +$3,100 | +20.67% | 26.98% | 73.02% |
| 2015 | 111,202 mi | $9,998 | +$1,902 | +15.98% | 22.67% | 77.33% |
| 2016 | 119,145 mi | $8,387 | +$1,611 | +16.11% | 19.02% | 80.98% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the VOLVO C70’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2002 VOLVO C70. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2002 VOLVO C70 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 65,000 mi | $6,970 | 34 sales |
| 95,000 mi | $3,894 | 15 sales |
Frequently asked questions
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
The average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
Buying a used car can be a great value, especially if the vehicle is part of a Certified Pre-Owned program and has been well-maintained and lightly used.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Proper maintenance and good condition can slow the depreciation of a 2002 VOLVO C70 by making it more attractive to potential buyers, thereby preserving more of its value.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
Other years of VOLVO C70
2004 VOLVO C70
$7,500 average used price
720+ sales records
2006 VOLVO C70
$6,788 average used price
400+ sales records
2007 VOLVO C70
$6,978 average used price
880+ sales records
2008 VOLVO C70
$8,429 average used price
1,500+ sales records
2011 VOLVO C70
$9,998 average used price
5,300+ sales records
2013 VOLVO C70
$15,000 average used price
6,300+ sales records
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2002 VOLVO C70 on BADVIN
