Depreciation
The depreciation graph and accompanying table on our page detail how the 2014 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) 2014 VOLVO S60 in 2014 was $40,505.
The average price for used 2014 VOLVO S60 nowadays in 2024 is $10,995 which is 27% from the original price.
Estimated mileage driven per year is 10,146 miles.
The graph below is a depreciation curve for 2014 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 2014 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.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2014 MSRP | 0 mi | $40,505 | — | — | 100% | 0% |
| 2014 | 10,146 mi | $43,500 | −$2,995 | −7.39% | 107.39% | -7.39% |
| 2015 | 20,292 mi | $36,000 | +$7,500 | +17.24% | 88.88% | 11.12% |
| 2016 | 30,438 mi | $31,250 | +$4,750 | +13.19% | 77.15% | 22.85% |
| 2017 | 40,584 mi | $28,900 | +$2,350 | +7.52% | 71.35% | 28.65% |
| 2018 | 50,730 mi | $25,900 | +$3,000 | +10.38% | 63.94% | 36.06% |
| 2019 | 60,876 mi | $23,998 | +$1,902 | +7.34% | 59.25% | 40.75% |
| 2020 | 71,022 mi | $18,995 | +$5,003 | +20.85% | 46.9% | 53.1% |
| 2021 | 81,168 mi | $16,995 | +$2,000 | +10.53% | 41.96% | 58.04% |
| 2022 | 91,314 mi | $14,795 | +$2,200 | +12.94% | 36.53% | 63.47% |
| 2023 | 101,460 mi | $12,988 | +$1,807 | +12.21% | 32.07% | 67.93% |
| 2024 | 111,606 mi | $10,995 | +$1,993 | +15.34% | 27.14% | 72.86% |
| 2025 | 121,752 mi | $9,998 | +$997 | +9.07% | 24.68% | 75.32% |
| 2026 | 131,898 mi | $8,538 | +$1,460 | +14.6% | 21.08% | 78.92% |
| 2027 | 142,044 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 2014 VOLVO S60. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2014 VOLVO S60 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $23,990 | 12 sales |
| 20,000 mi | $23,590 | 25 sales |
| 25,000 mi | $19,250 | 25 sales |
| 30,000 mi | $19,990 | 129 sales |
| 35,000 mi | $20,990 | 74 sales |
| 40,000 mi | $18,994 | 144 sales |
| 45,000 mi | $17,990 | 111 sales |
| 50,000 mi | $17,990 | 201 sales |
| 55,000 mi | $16,990 | 189 sales |
| 60,000 mi | $16,990 | 380 sales |
| 65,000 mi | $16,590 | 256 sales |
| 70,000 mi | $16,990 | 439 sales |
| 75,000 mi | $16,250 | 430 sales |
| 80,000 mi | $15,990 | 515 sales |
| 85,000 mi | $15,590 | 435 sales |
| 90,000 mi | $15,590 | 387 sales |
| 95,000 mi | $14,288 | 335 sales |
| 100,000 mi | $14,590 | 268 sales |
| 105,000 mi | $12,986 | 208 sales |
| 110,000 mi | $11,998 | 163 sales |
| 115,000 mi | $11,500 | 123 sales |
| 120,000 mi | $10,981 | 99 sales |
| 125,000 mi | $10,000 | 95 sales |
| 130,000 mi | $9,987 | 62 sales |
| 135,000 mi | $8,993 | 46 sales |
| 140,000 mi | $9,984 | 32 sales |
| 145,000 mi | $8,500 | 33 sales |
| 150,000 mi | $9,790 | 29 sales |
| 160,000 mi | $7,400 | 10 sales |
| 165,000 mi | $7,950 | 16 sales |
Frequently asked questions
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.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
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.
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.
Depreciation directly affects the resale value of a 2014 VOLVO S60, with faster depreciating vehicles typically having lower resale values over time.
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.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Other years of VOLVO S60
2002 VOLVO S60
$4,999 average used price
980+ sales records
2004 VOLVO S60
$4,999 average used price
2,000+ sales records
2008 VOLVO S60
$4,995 average used price
1,600+ sales records
2012 VOLVO S60
$8,538 average used price
16,800+ sales records
2015 VOLVO S60
$12,988 average used price
18,400+ sales records
2018 VOLVO S60
$18,995 average used price
9,700+ sales records
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2014 VOLVO S60 on BADVIN
