Depreciation
The depreciation graph and accompanying table on our page detail how the 2004 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) 2004 VOLVO S40 in 2004 was $29,725.
The average price for used 2004 VOLVO S40 nowadays in 2024 is $5,450 which is 18% from the original price.
Estimated mileage driven per year is 9,573 miles.
The graph below is a depreciation curve for 2004 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 2004 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.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2004 MSRP | 0 mi | $29,725 | — | — | 100% | 0% |
| 2017 | 134,022 mi | $7,495 | +$0 | +0% | 25.21% | 74.79% |
| 2018 | 143,595 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 2004 VOLVO S40. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2004 VOLVO S40 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 60,000 mi | $6,999 | 11 sales |
| 65,000 mi | $6,623 | 28 sales |
| 70,000 mi | $5,999 | 22 sales |
| 75,000 mi | $5,996 | 24 sales |
| 80,000 mi | $4,994 | 32 sales |
| 85,000 mi | $5,800 | 25 sales |
| 90,000 mi | $5,367 | 11 sales |
| 95,000 mi | $4,995 | 29 sales |
| 100,000 mi | $4,499 | 18 sales |
| 105,000 mi | $5,295 | 19 sales |
| 110,000 mi | $4,995 | 23 sales |
| 115,000 mi | $3,990 | 23 sales |
| 120,000 mi | $4,189 | 14 sales |
| 125,000 mi | $3,748 | 16 sales |
| 130,000 mi | $4,895 | 33 sales |
| 135,000 mi | $3,995 | 21 sales |
| 140,000 mi | $3,950 | 24 sales |
| 145,000 mi | $3,995 | 32 sales |
| 150,000 mi | $3,995 | 31 sales |
| 155,000 mi | $3,495 | 21 sales |
| 160,000 mi | $3,500 | 22 sales |
| 175,000 mi | $2,999 | 17 sales |
| 180,000 mi | $2,800 | 13 sales |
Frequently asked questions
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Proper maintenance and good condition can slow the depreciation of a 2004 VOLVO S40 by making it more attractive to potential buyers, thereby preserving more of its value.
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.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
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.
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.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
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 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.
Other years of VOLVO S40
2000 VOLVO S40
$3,999 average used price
220+ sales records
2001 VOLVO S40
$5,290 average used price
340+ sales records
2002 VOLVO S40
$4,495 average used price
220+ sales records
2005 VOLVO S40
$4,787 average used price
1,800+ sales records
2008 VOLVO S40
$5,228 average used price
1,500+ sales records
2010 VOLVO S40
$6,871 average used price
2,300+ sales records
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2004 VOLVO S40 on BADVIN
