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s60

2002 VOLVO S60
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2002 VOLVO S60'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 S60 in 2002 was $40,505.
The average price for used 2002 VOLVO S60 nowadays in 2024 is $4,999 which is 12% from the original price.
Estimated mileage driven per year is 10,146 miles.
The graph below is a depreciation curve for 2002 VOLVO S60. 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 S60 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$40,505100%0%
200210,146 mi$43,500−$2,995−7.39%107.39%-7.39%
200320,292 mi$36,000+$7,500+17.24%88.88%11.12%
200430,438 mi$31,250+$4,750+13.19%77.15%22.85%
200540,584 mi$28,900+$2,350+7.52%71.35%28.65%
200650,730 mi$25,900+$3,000+10.38%63.94%36.06%
200760,876 mi$23,998+$1,902+7.34%59.25%40.75%
200871,022 mi$18,995+$5,003+20.85%46.9%53.1%
200981,168 mi$16,995+$2,000+10.53%41.96%58.04%
201091,314 mi$14,795+$2,200+12.94%36.53%63.47%
2011101,460 mi$12,988+$1,807+12.21%32.07%67.93%
2012111,606 mi$10,995+$1,993+15.34%27.14%72.86%
2013121,752 mi$9,998+$997+9.07%24.68%75.32%
2014131,898 mi$8,538+$1,460+14.6%21.08%78.92%
2015142,044 mi$8,769−$231−2.71%21.65%78.35%

Price vs Mileage

Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the VOLVO S60’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 S60. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2002 VOLVO S60 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
65,000 mi$5,99011 sales
70,000 mi$6,80011 sales
75,000 mi$5,49117 sales
85,000 mi$5,98815 sales
90,000 mi$4,99525 sales
95,000 mi$4,99522 sales
100,000 mi$4,56922 sales
105,000 mi$4,49913 sales
110,000 mi$4,99520 sales
115,000 mi$4,49328 sales
120,000 mi$3,99626 sales
125,000 mi$3,99530 sales
130,000 mi$3,99822 sales
135,000 mi$2,50024 sales
140,000 mi$4,26922 sales
145,000 mi$2,99539 sales
150,000 mi$3,49535 sales
155,000 mi$3,49525 sales
160,000 mi$2,29412 sales
165,000 mi$3,20020 sales
170,000 mi$2,99523 sales
175,000 mi$2,77511 sales
180,000 mi$3,80011 sales
190,000 mi$3,47024 sales
195,000 mi$3,50011 sales
200,000 mi$2,41612 sales
215,000 mi$2,48711 sales
220,000 mi$3,24810 sales
225,000 mi$3,49513 sales
Frequently asked questions
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Depreciation directly affects the resale value of a 2002 VOLVO S60, with faster depreciating vehicles typically having lower resale values over time.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Aftermarket modifications can affect the depreciation of 2002 VOLVO S60 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Proper maintenance and good condition can slow the depreciation of a 2002 VOLVO S60 by making it more attractive to potential buyers, thereby preserving more of its value.
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.
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
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.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
Other years of VOLVO S60
s60
2008 VOLVO S60
$4,995 average used price
1,600+ sales records
s60
2011 VOLVO S60
$8,769 average used price
1,900+ sales records
s60
2012 VOLVO S60
$8,538 average used price
16,800+ sales records
s60
2016 VOLVO S60
$14,795 average used price
11,600+ sales records
s60
2018 VOLVO S60
$18,995 average used price
9,700+ sales records
s60
2019 VOLVO S60
$23,998 average used price
25,400+ sales records
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$29,725 MSRP
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