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c70

2008 VOLVO C70
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2008 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) 2008 VOLVO C70 in 2008 was $44,100.
The average price for used 2008 VOLVO C70 nowadays in 2024 is $8,429 which is 19% from the original price.
Estimated mileage driven per year is 7,943 miles.
The graph below is a depreciation curve for 2008 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 2008 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.
YearAverage MileageAverage Price% Left% Lost
2008 MSRP0 mi$44,100100%0%
201995,316 mi$15,000+$0+0%34.01%65.99%
2020103,259 mi$11,900+$3,100+20.67%26.98%73.02%
2021111,202 mi$9,998+$1,902+15.98%22.67%77.33%
2022119,145 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 2008 VOLVO C70. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2008 VOLVO C70 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
30,000 mi$12,99521 sales
35,000 mi$13,22020 sales
40,000 mi$11,21117 sales
45,000 mi$11,99336 sales
50,000 mi$11,99823 sales
55,000 mi$11,95029 sales
60,000 mi$9,98752 sales
65,000 mi$10,70044 sales
70,000 mi$10,00079 sales
75,000 mi$8,98956 sales
80,000 mi$8,99573 sales
85,000 mi$8,99561 sales
90,000 mi$8,40169 sales
95,000 mi$8,59559 sales
100,000 mi$7,77775 sales
105,000 mi$7,96958 sales
110,000 mi$8,49064 sales
115,000 mi$7,67751 sales
120,000 mi$7,99586 sales
125,000 mi$7,22037 sales
130,000 mi$7,20334 sales
135,000 mi$5,96526 sales
140,000 mi$6,90018 sales
145,000 mi$6,99515 sales
150,000 mi$6,99513 sales
155,000 mi$7,50033 sales
Frequently asked questions
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
Proper maintenance and good condition can slow the depreciation of a 2008 VOLVO C70 by making it more attractive to potential buyers, thereby preserving more of its value.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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.
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
Other years of VOLVO C70
c70
1999 VOLVO C70
140+ sales records
c70
2000 VOLVO C70
160+ sales records
c70
2001 VOLVO C70
$5,995 average used price
250+ sales records
c70
2004 VOLVO C70
$7,500 average used price
720+ sales records
c70
2007 VOLVO C70
$6,978 average used price
880+ sales records
c70
2011 VOLVO C70
$9,998 average used price
5,300+ sales records
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