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.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2008 MSRP | 0 mi | $44,100 | — | — | 100% | 0% |
| 2019 | 95,316 mi | $15,000 | +$0 | +0% | 34.01% | 65.99% |
| 2020 | 103,259 mi | $11,900 | +$3,100 | +20.67% | 26.98% | 73.02% |
| 2021 | 111,202 mi | $9,998 | +$1,902 | +15.98% | 22.67% | 77.33% |
| 2022 | 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 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.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 30,000 mi | $12,995 | 21 sales |
| 35,000 mi | $13,220 | 20 sales |
| 40,000 mi | $11,211 | 17 sales |
| 45,000 mi | $11,993 | 36 sales |
| 50,000 mi | $11,998 | 23 sales |
| 55,000 mi | $11,950 | 29 sales |
| 60,000 mi | $9,987 | 52 sales |
| 65,000 mi | $10,700 | 44 sales |
| 70,000 mi | $10,000 | 79 sales |
| 75,000 mi | $8,989 | 56 sales |
| 80,000 mi | $8,995 | 73 sales |
| 85,000 mi | $8,995 | 61 sales |
| 90,000 mi | $8,401 | 69 sales |
| 95,000 mi | $8,595 | 59 sales |
| 100,000 mi | $7,777 | 75 sales |
| 105,000 mi | $7,969 | 58 sales |
| 110,000 mi | $8,490 | 64 sales |
| 115,000 mi | $7,677 | 51 sales |
| 120,000 mi | $7,995 | 86 sales |
| 125,000 mi | $7,220 | 37 sales |
| 130,000 mi | $7,203 | 34 sales |
| 135,000 mi | $5,965 | 26 sales |
| 140,000 mi | $6,900 | 18 sales |
| 145,000 mi | $6,995 | 15 sales |
| 150,000 mi | $6,995 | 13 sales |
| 155,000 mi | $7,500 | 33 sales |
Frequently asked questions
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.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
Depreciation directly affects the resale value of a 2008 VOLVO C70, with faster depreciating vehicles typically having lower resale values over time.
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.
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.
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.
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.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
Other years of VOLVO C70
1998 VOLVO C70
60+ sales records
1999 VOLVO C70
140+ sales records
2002 VOLVO C70
$7,995 average used price
180+ sales records
2007 VOLVO C70
$6,978 average used price
880+ sales records
2010 VOLVO C70
$8,387 average used price
1,200+ sales records
2011 VOLVO C70
$9,998 average used price
5,300+ sales records
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2008 VOLVO C70 on BADVIN
