Depreciation
The depreciation graph and accompanying table on our page detail how the 2019 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) 2019 VOLVO S60 in 2019 was $40,505.
The average price for used 2019 VOLVO S60 nowadays in 2024 is $23,998 which is 59% from the original price.
Estimated mileage driven per year is 10,146 miles.
The graph below is a depreciation curve for 2019 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 2019 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 | ||
|---|---|---|---|---|---|---|
| 2019 MSRP | 0 mi | $40,505 | — | — | 100% | 0% |
| 2019 | 10,146 mi | $43,500 | −$2,995 | −7.39% | 107.39% | -7.39% |
| 2020 | 20,292 mi | $36,000 | +$7,500 | +17.24% | 88.88% | 11.12% |
| 2021 | 30,438 mi | $31,250 | +$4,750 | +13.19% | 77.15% | 22.85% |
| 2022 | 40,584 mi | $28,900 | +$2,350 | +7.52% | 71.35% | 28.65% |
| 2023 | 50,730 mi | $25,900 | +$3,000 | +10.38% | 63.94% | 36.06% |
| 2024 | 60,876 mi | $23,998 | +$1,902 | +7.34% | 59.25% | 40.75% |
| 2025 | 71,022 mi | $18,995 | +$5,003 | +20.85% | 46.9% | 53.1% |
| 2026 | 81,168 mi | $16,995 | +$2,000 | +10.53% | 41.96% | 58.04% |
| 2027 | 91,314 mi | $14,795 | +$2,200 | +12.94% | 36.53% | 63.47% |
| 2028 | 101,460 mi | $12,988 | +$1,807 | +12.21% | 32.07% | 67.93% |
| 2029 | 111,606 mi | $10,995 | +$1,993 | +15.34% | 27.14% | 72.86% |
| 2030 | 121,752 mi | $9,998 | +$997 | +9.07% | 24.68% | 75.32% |
| 2031 | 131,898 mi | $8,538 | +$1,460 | +14.6% | 21.08% | 78.92% |
| 2032 | 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 2019 VOLVO S60. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2019 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 | $34,998 | 79 sales |
| 10,000 mi | $34,998 | 302 sales |
| 15,000 mi | $34,119 | 592 sales |
| 20,000 mi | $33,500 | 843 sales |
| 25,000 mi | $32,489 | 936 sales |
| 30,000 mi | $32,405 | 1,024 sales |
| 35,000 mi | $30,974 | 755 sales |
| 40,000 mi | $29,500 | 616 sales |
| 45,000 mi | $28,554 | 421 sales |
| 50,000 mi | $27,198 | 277 sales |
| 55,000 mi | $25,473 | 232 sales |
| 60,000 mi | $24,927 | 140 sales |
| 65,000 mi | $23,517 | 108 sales |
| 70,000 mi | $24,724 | 83 sales |
| 75,000 mi | $23,375 | 44 sales |
| 80,000 mi | $22,500 | 39 sales |
| 85,000 mi | $22,278 | 22 sales |
| 90,000 mi | $19,993 | 22 sales |
| 95,000 mi | $22,500 | 27 sales |
| 100,000 mi | $18,998 | 11 sales |
Frequently asked questions
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
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.
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.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Other years of VOLVO S60
2005 VOLVO S60
$5,195 average used price
1,400+ sales records
2006 VOLVO S60
$5,225 average used price
2,200+ sales records
2012 VOLVO S60
$8,538 average used price
16,800+ 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
2021 VOLVO S60
$28,900 average used price
12,700+ sales records
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