Depreciation
The depreciation graph and accompanying table on our page detail how the 2006 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) 2006 VOLVO S40 in 2006 was $29,725.
The average price for used 2006 VOLVO S40 nowadays in 2024 is $5,498 which is 18% from the original price.
Estimated mileage driven per year is 9,573 miles.
The graph below is a depreciation curve for 2006 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 2006 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 | ||
|---|---|---|---|---|---|---|
| 2006 MSRP | 0 mi | $29,725 | — | — | 100% | 0% |
| 2019 | 134,022 mi | $7,495 | +$0 | +0% | 25.21% | 74.79% |
| 2020 | 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 2006 VOLVO S40. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2006 VOLVO S40 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 40,000 mi | $7,995 | 11 sales |
| 55,000 mi | $7,995 | 13 sales |
| 60,000 mi | $8,122 | 24 sales |
| 65,000 mi | $6,443 | 26 sales |
| 70,000 mi | $6,700 | 28 sales |
| 75,000 mi | $5,999 | 34 sales |
| 80,000 mi | $5,980 | 38 sales |
| 85,000 mi | $6,120 | 40 sales |
| 90,000 mi | $5,999 | 53 sales |
| 95,000 mi | $5,190 | 87 sales |
| 100,000 mi | $4,999 | 69 sales |
| 105,000 mi | $4,997 | 68 sales |
| 110,000 mi | $4,999 | 73 sales |
| 115,000 mi | $4,999 | 83 sales |
| 120,000 mi | $4,995 | 113 sales |
| 125,000 mi | $4,800 | 59 sales |
| 130,000 mi | $4,873 | 70 sales |
| 135,000 mi | $4,899 | 75 sales |
| 140,000 mi | $4,980 | 61 sales |
| 145,000 mi | $4,500 | 67 sales |
| 150,000 mi | $4,997 | 75 sales |
| 155,000 mi | $3,993 | 42 sales |
| 160,000 mi | $4,792 | 36 sales |
| 165,000 mi | $3,950 | 38 sales |
| 170,000 mi | $3,495 | 27 sales |
| 175,000 mi | $4,799 | 13 sales |
| 180,000 mi | $4,725 | 20 sales |
| 185,000 mi | $3,798 | 15 sales |
| 190,000 mi | $3,995 | 11 sales |
| 195,000 mi | $3,800 | 14 sales |
| 220,000 mi | $4,495 | 10 sales |
Frequently asked questions
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
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.
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.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
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.
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.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Other years of VOLVO S40
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
2009 VOLVO S40
$6,894 average used price
1,600+ sales records
2010 VOLVO S40
$6,871 average used price
2,300+ sales records
2011 VOLVO S40
$7,495 average used price
1,600+ sales records
Similar Models
2007 VOLVO XC90
$59,325 MSRP
$5,487 average used price
3,700+ sales records
2008 VOLVO S60
$40,505 MSRP
$4,995 average used price
1,600+ sales records
2008 VOLVO XC90
$59,325 MSRP
$5,440 average used price
4,400+ sales records
2008 VOLVO V70
$8,995 MSRP
$7,875 average used price
760+ sales records
2009 VOLVO S60
$40,505 MSRP
$6,443 average used price
1,300+ sales records
2009 VOLVO S80
$43,800 MSRP
$5,573 average used price
1,700+ sales records
