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s40

2002 VOLVO S40
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2002 VOLVO S40'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 S40 in 2002 was $29,725.
The average price for used 2002 VOLVO S40 nowadays in 2024 is $4,495 which is 15% from the original price.
Estimated mileage driven per year is 9,573 miles.
The graph below is a depreciation curve for 2002 VOLVO S40. 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 S40 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
2002 MSRP0 mi$29,725100%0%
2015134,022 mi$7,495+$0+0%25.21%74.79%
2016143,595 mi$6,871+$624+8.33%23.12%76.88%

Price vs Mileage

Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the VOLVO S40’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 S40. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2002 VOLVO S40 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
110,000 mi$3,65011 sales
130,000 mi$2,99513 sales
Frequently asked questions
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.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
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.
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.
Aftermarket modifications can affect the depreciation of 2002 VOLVO S40 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
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.
Other years of VOLVO S40
s40
2000 VOLVO S40
$3,999 average used price
220+ sales records
s40
2003 VOLVO S40
200+ sales records
s40
2004 VOLVO S40
$5,450 average used price
880+ sales records
s40
2007 VOLVO S40
$4,999 average used price
2,100+ sales records
s40
2010 VOLVO S40
$6,871 average used price
2,300+ sales records
s40
2011 VOLVO S40
$7,495 average used price
1,600+ sales records
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2002 VOLVO S40 on BADVIN
YV1VS29592F857289-2002-volvo-s40
2002 VOLVO S40
8 days ago, 90,695 mi
VIN YV1VS29592F857289
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