Depreciation
The depreciation graph and accompanying table on our page detail how the 2015 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) 2015 VOLVO S60 in 2015 was $40,505.
The average price for used 2015 VOLVO S60 nowadays in 2024 is $12,988 which is 32% from the original price.
Estimated mileage driven per year is 10,146 miles.
The graph below is a depreciation curve for 2015 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 2015 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 | ||
|---|---|---|---|---|---|---|
| 2015 MSRP | 0 mi | $40,505 | — | — | 100% | 0% |
| 2015 | 10,146 mi | $43,500 | −$2,995 | −7.39% | 107.39% | -7.39% |
| 2016 | 20,292 mi | $36,000 | +$7,500 | +17.24% | 88.88% | 11.12% |
| 2017 | 30,438 mi | $31,250 | +$4,750 | +13.19% | 77.15% | 22.85% |
| 2018 | 40,584 mi | $28,900 | +$2,350 | +7.52% | 71.35% | 28.65% |
| 2019 | 50,730 mi | $25,900 | +$3,000 | +10.38% | 63.94% | 36.06% |
| 2020 | 60,876 mi | $23,998 | +$1,902 | +7.34% | 59.25% | 40.75% |
| 2021 | 71,022 mi | $18,995 | +$5,003 | +20.85% | 46.9% | 53.1% |
| 2022 | 81,168 mi | $16,995 | +$2,000 | +10.53% | 41.96% | 58.04% |
| 2023 | 91,314 mi | $14,795 | +$2,200 | +12.94% | 36.53% | 63.47% |
| 2024 | 101,460 mi | $12,988 | +$1,807 | +12.21% | 32.07% | 67.93% |
| 2025 | 111,606 mi | $10,995 | +$1,993 | +15.34% | 27.14% | 72.86% |
| 2026 | 121,752 mi | $9,998 | +$997 | +9.07% | 24.68% | 75.32% |
| 2027 | 131,898 mi | $8,538 | +$1,460 | +14.6% | 21.08% | 78.92% |
| 2028 | 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 2015 VOLVO S60. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2015 VOLVO S60 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 15,000 mi | $22,916 | 28 sales |
| 20,000 mi | $22,998 | 20 sales |
| 25,000 mi | $22,990 | 94 sales |
| 30,000 mi | $21,590 | 61 sales |
| 35,000 mi | $20,995 | 78 sales |
| 40,000 mi | $21,990 | 215 sales |
| 45,000 mi | $19,876 | 182 sales |
| 50,000 mi | $19,030 | 140 sales |
| 55,000 mi | $19,933 | 452 sales |
| 60,000 mi | $18,990 | 454 sales |
| 65,000 mi | $17,990 | 342 sales |
| 70,000 mi | $17,684 | 427 sales |
| 75,000 mi | $17,590 | 511 sales |
| 80,000 mi | $16,990 | 415 sales |
| 85,000 mi | $15,995 | 423 sales |
| 90,000 mi | $15,998 | 444 sales |
| 95,000 mi | $15,850 | 369 sales |
| 100,000 mi | $13,985 | 246 sales |
| 105,000 mi | $13,790 | 221 sales |
| 110,000 mi | $12,500 | 190 sales |
| 115,000 mi | $11,998 | 151 sales |
| 120,000 mi | $11,995 | 116 sales |
| 125,000 mi | $10,999 | 86 sales |
| 130,000 mi | $10,997 | 82 sales |
| 135,000 mi | $9,901 | 58 sales |
| 140,000 mi | $9,999 | 56 sales |
| 145,000 mi | $9,995 | 25 sales |
| 150,000 mi | $9,992 | 34 sales |
| 155,000 mi | $9,786 | 12 sales |
Frequently asked questions
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
Proper maintenance and good condition can slow the depreciation of a 2015 VOLVO S60 by making it more attractive to potential buyers, thereby preserving more of its value.
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.
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.
Aftermarket modifications can affect the depreciation of 2015 VOLVO S60 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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.
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.
Other years of VOLVO S60
2005 VOLVO S60
$5,195 average used price
1,400+ sales records
2008 VOLVO S60
$4,995 average used price
1,600+ sales records
2016 VOLVO S60
$14,795 average used price
11,600+ sales records
2018 VOLVO S60
$18,995 average used price
9,700+ sales records
2020 VOLVO S60
$25,900 average used price
21,200+ sales records
2022 VOLVO S60
$31,250 average used price
4,200+ sales records
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2017 VOLVO S90
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2015 VOLVO S60 on BADVIN
