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s60

2024 VOLVO S60
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2024 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) 2024 VOLVO S60 in 2024 was $40,505.
The average price for used 2024 VOLVO S60 nowadays in 2024 is $43,500 which is 107% from the original price.
Estimated mileage driven per year is 10,146 miles.
The graph below is a depreciation curve for 2024 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 2024 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
2024 MSRP0 mi$40,505100%0%
202410,146 mi$43,500−$2,995−7.39%107.39%-7.39%
202520,292 mi$36,000+$7,500+17.24%88.88%11.12%
202630,438 mi$31,250+$4,750+13.19%77.15%22.85%
202740,584 mi$28,900+$2,350+7.52%71.35%28.65%
202850,730 mi$25,900+$3,000+10.38%63.94%36.06%
202960,876 mi$23,998+$1,902+7.34%59.25%40.75%
203071,022 mi$18,995+$5,003+20.85%46.9%53.1%
203181,168 mi$16,995+$2,000+10.53%41.96%58.04%
203291,314 mi$14,795+$2,200+12.94%36.53%63.47%
2033101,460 mi$12,988+$1,807+12.21%32.07%67.93%
2034111,606 mi$10,995+$1,993+15.34%27.14%72.86%

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 2024 VOLVO S60. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2024 VOLVO S60 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
0 mi$46,05058 sales
5,000 mi$44,366239 sales
10,000 mi$43,50043 sales
15,000 mi$39,96815 sales
20,000 mi$40,92844 sales
25,000 mi$37,70222 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.
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.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Proper maintenance and good condition can slow the depreciation of a 2024 VOLVO S60 by making it more attractive to potential buyers, thereby preserving more of its value.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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.
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 average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Other years of VOLVO S60
s60
2008 VOLVO S60
$4,995 average used price
1,600+ sales records
s60
2012 VOLVO S60
$8,538 average used price
16,800+ sales records
s60
2013 VOLVO S60
$9,998 average used price
15,100+ sales records
s60
2014 VOLVO S60
$10,995 average used price
9,500+ sales records
s60
2017 VOLVO S60
$16,995 average used price
13,500+ sales records
s60
2022 VOLVO S60
$31,250 average used price
4,200+ sales records
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2021 VOLVO XC60
$47,630 MSRP
$34,000 average used price
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xc90
2021 VOLVO XC90
$59,325 MSRP
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xc40
2022 VOLVO XC40
$45,155 MSRP
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s90
2023 VOLVO S90
$58,940 MSRP
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xc90
2024 VOLVO XC90
$59,325 MSRP
$62,181 average used price
790+ sales records
2024 VOLVO S60 on BADVIN
7JRL12TL9RG324162-2024-volvo-s60
2024 VOLVO S60
8 hours ago, 4 mi
VIN 7JRL12TL9RG324162
7JRL12TL4RG324408-2024-volvo-s60
2024 VOLVO S60
a month ago,
VIN 7JRL12TL4RG324408
7JRL12FL7RG326858-2024-volvo-s60
2024 VOLVO S60
3 hours ago, 10 mi
VIN 7JRL12FL7RG326858
7JRL12TH8RG305730-2024-volvo-s60
2024 VOLVO S60
11 hours ago, 75 mi
VIN 7JRL12TH8RG305730
7JRL12FL1RG284784-2024-volvo-s60
2024 VOLVO S60
4 days ago, 3,563 mi
VIN 7JRL12FL1RG284784
7JRL12TM9RG305667-2024-volvo-s60
2024 VOLVO S60
2 hours ago, 16 mi
VIN 7JRL12TM9RG305667
7JRL12TL7RG299374-2024-volvo-s60
2024 VOLVO S60
3 hours ago, 3,343 mi
VIN 7JRL12TL7RG299374
7JRL12TL6RG324569-2024-volvo-s60
2024 VOLVO S60
10 hours ago,
VIN 7JRL12TL6RG324569
7JRL12TL8RG290411-2024-volvo-s60
2024 VOLVO S60
12 hours ago, 4,065 mi
VIN 7JRL12TL8RG290411
7JRL12TH9RG280434-2024-volvo-s60
2024 VOLVO S60
4 hours ago, 22,048 mi
VIN 7JRL12TH9RG280434
7JRL12FL7RG294087-2024-volvo-s60
2024 VOLVO S60
12 hours ago, 16,820 mi
VIN 7JRL12FL7RG294087
7JRL12FL4RG324517-2024-volvo-s60
2024 VOLVO S60
14 days ago, 10 mi
VIN 7JRL12FL4RG324517
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