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s60

2004 VOLVO S60
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2004 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) 2004 VOLVO S60 in 2004 was $40,505.
The average price for used 2004 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 2004 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 2004 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
2004 MSRP0 mi$40,505100%0%
200410,146 mi$43,500−$2,995−7.39%107.39%-7.39%
200520,292 mi$36,000+$7,500+17.24%88.88%11.12%
200630,438 mi$31,250+$4,750+13.19%77.15%22.85%
200740,584 mi$28,900+$2,350+7.52%71.35%28.65%
200850,730 mi$25,900+$3,000+10.38%63.94%36.06%
200960,876 mi$23,998+$1,902+7.34%59.25%40.75%
201071,022 mi$18,995+$5,003+20.85%46.9%53.1%
201181,168 mi$16,995+$2,000+10.53%41.96%58.04%
201291,314 mi$14,795+$2,200+12.94%36.53%63.47%
2013101,460 mi$12,988+$1,807+12.21%32.07%67.93%
2014111,606 mi$10,995+$1,993+15.34%27.14%72.86%
2015121,752 mi$9,998+$997+9.07%24.68%75.32%
2016131,898 mi$8,538+$1,460+14.6%21.08%78.92%
2017142,044 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 2004 VOLVO S60. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2004 VOLVO S60 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
45,000 mi$5,99711 sales
50,000 mi$6,99513 sales
55,000 mi$7,27018 sales
60,000 mi$6,50015 sales
65,000 mi$5,99918 sales
70,000 mi$5,49923 sales
75,000 mi$5,99922 sales
80,000 mi$6,97248 sales
85,000 mi$6,00048 sales
90,000 mi$5,80027 sales
95,000 mi$4,98833 sales
100,000 mi$4,99549 sales
105,000 mi$4,99565 sales
110,000 mi$5,32544 sales
115,000 mi$5,50047 sales
120,000 mi$4,99563 sales
125,000 mi$4,30041 sales
130,000 mi$3,49947 sales
135,000 mi$4,87751 sales
140,000 mi$4,49943 sales
145,000 mi$3,99551 sales
150,000 mi$3,99561 sales
155,000 mi$3,50074 sales
160,000 mi$3,50048 sales
165,000 mi$3,89544 sales
170,000 mi$3,96231 sales
175,000 mi$2,99945 sales
180,000 mi$3,99526 sales
185,000 mi$3,75045 sales
190,000 mi$3,45023 sales
195,000 mi$3,90022 sales
200,000 mi$3,99513 sales
225,000 mi$2,99515 sales
230,000 mi$2,74310 sales
Frequently asked questions
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.
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.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
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.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
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.
Proper maintenance and good condition can slow the depreciation of a 2004 VOLVO S60 by making it more attractive to potential buyers, thereby preserving more of its value.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Other years of VOLVO S60
s60
2001 VOLVO S60
$3,799 average used price
590+ sales records
s60
2006 VOLVO S60
$5,225 average used price
2,200+ sales records
s60
2012 VOLVO S60
$8,538 average used price
16,800+ sales records
s60
2014 VOLVO S60
$10,995 average used price
9,500+ sales records
s60
2021 VOLVO S60
$28,900 average used price
12,700+ sales records
s60
2024 VOLVO S60
$43,500 average used price
650+ sales records
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