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s60

2008 VOLVO S60
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2008 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) 2008 VOLVO S60 in 2008 was $40,505.
The average price for used 2008 VOLVO S60 nowadays in 2024 is $4,995 which is 12% from the original price.
Estimated mileage driven per year is 10,146 miles.
The graph below is a depreciation curve for 2008 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 2008 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
2008 MSRP0 mi$40,505100%0%
200810,146 mi$43,500−$2,995−7.39%107.39%-7.39%
200920,292 mi$36,000+$7,500+17.24%88.88%11.12%
201030,438 mi$31,250+$4,750+13.19%77.15%22.85%
201140,584 mi$28,900+$2,350+7.52%71.35%28.65%
201250,730 mi$25,900+$3,000+10.38%63.94%36.06%
201360,876 mi$23,998+$1,902+7.34%59.25%40.75%
201471,022 mi$18,995+$5,003+20.85%46.9%53.1%
201581,168 mi$16,995+$2,000+10.53%41.96%58.04%
201691,314 mi$14,795+$2,200+12.94%36.53%63.47%
2017101,460 mi$12,988+$1,807+12.21%32.07%67.93%
2018111,606 mi$10,995+$1,993+15.34%27.14%72.86%
2019121,752 mi$9,998+$997+9.07%24.68%75.32%
2020131,898 mi$8,538+$1,460+14.6%21.08%78.92%
2021142,044 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 2008 VOLVO S60. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2008 VOLVO S60 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
45,000 mi$9,14714 sales
50,000 mi$9,73417 sales
55,000 mi$8,82312 sales
60,000 mi$7,99610 sales
65,000 mi$7,99314 sales
70,000 mi$7,98818 sales
75,000 mi$6,99531 sales
80,000 mi$6,99534 sales
85,000 mi$6,99545 sales
90,000 mi$6,50041 sales
95,000 mi$6,90041 sales
100,000 mi$6,50045 sales
105,000 mi$5,99957 sales
110,000 mi$5,69656 sales
115,000 mi$5,99354 sales
120,000 mi$4,99847 sales
125,000 mi$5,39045 sales
130,000 mi$5,33642 sales
135,000 mi$4,99575 sales
140,000 mi$5,00051 sales
145,000 mi$4,99565 sales
150,000 mi$4,83137 sales
155,000 mi$4,99540 sales
160,000 mi$4,49939 sales
165,000 mi$4,98034 sales
170,000 mi$3,99533 sales
175,000 mi$4,95035 sales
180,000 mi$4,70029 sales
185,000 mi$4,44811 sales
190,000 mi$3,94814 sales
195,000 mi$3,65023 sales
200,000 mi$3,99712 sales
205,000 mi$3,60312 sales
Frequently asked questions
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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.
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
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.
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 2008 VOLVO S60 by making it more attractive to potential buyers, thereby preserving more of its value.
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.
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.
Aftermarket modifications can affect the depreciation of 2008 VOLVO S60 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Other years of VOLVO S60
s60
2001 VOLVO S60
$3,799 average used price
590+ sales records
s60
2005 VOLVO S60
$5,195 average used price
1,400+ sales records
s60
2014 VOLVO S60
$10,995 average used price
9,500+ sales records
s60
2015 VOLVO S60
$12,988 average used price
18,400+ sales records
s60
2017 VOLVO S60
$16,995 average used price
13,500+ sales records
s60
2021 VOLVO S60
$28,900 average used price
12,700+ sales records
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2008 VOLVO S60 on BADVIN
YV1RS592X82688747-2008-volvo-s60
2008 VOLVO S60
4 days ago, 179,352 mi
VIN YV1RS592X82688747
YV1RH592982701518-2008-volvo-s60
2008 VOLVO S60
4 days ago, 118,356 mi
VIN YV1RH592982701518
YV1RS592182696123-2008-volvo-s60
2008 VOLVO S60
3 days ago, 89,518 mi
VIN YV1RS592182696123
YV1RS592582674741-2008-volvo-s60
2008 VOLVO S60
6 days ago, 145,636 mi
VIN YV1RS592582674741
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